{"id":12456,"date":"2022-07-26T21:28:00","date_gmt":"2022-07-26T21:28:00","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/metaverse\/40000-virtual-jobs-to-come-from-dubais-metaverse-strategy\/"},"modified":"2022-07-26T21:28:01","modified_gmt":"2022-07-26T21:28:01","slug":"40000-virtual-jobs-to-come-from-dubais-metaverse-strategy","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/metaverse\/40000-virtual-jobs-to-come-from-dubais-metaverse-strategy\/","title":{"rendered":"40,000 Virtual Jobs to Come from Dubai’s Metaverse Strategy"},"content":{"rendered":"
\n

Officials from Dubai, the most populous city of the United Arab Emirates (UAE), have stated their intent to turn the metropolis into a top ten haven for Web3 developments.<\/p>\n

According to the announcement, which was made by the city\u2019s crown prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum and published on the UAE officials news agency WAM<\/a>, \u2018The Dubai Metaverse Strategy\u2019 has been devised to attract more than 1,000 blockchain<\/strong> and metaverse companies<\/strong> to the city, as well as support more than 40,000 virtual jobs by 2030.<\/p>\n

Omar bin Sultan Al Olama, the UAE\u2019s Minister of State for Artificial Intelligence and Digital Economy, stated that the metaverse will be leveraged in the region to \u201cp<\/em>rovide innovative solutions, positively impact people\u2019s lives, and transform the city into one of the smartest hubs worldwide offering new economic opportunities\u201d.\u00a0<\/span><\/i><\/p>\n

As per other information from the announcement, it appears that the UAE is already underway with its Web3 ambitions<\/strong>, as the country currently hosts 6,700 jobs that are centred around virtual reality and augmented reality, which is worth a combined $500 million to its economy. With 40,000 virtual jobs hoped to be created by 2030, PricewaterhouseCoopers has forecasted that such smart terminal technology industries will add $4 billion to the UAE economy by that time.<\/p>\n

Want more? <\/b><\/p>\n

<\/a><\/p>\n

*All investment\/financial opinions expressed by us are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.<\/em><\/small><\/p>\n<\/p><\/div>\n