RemotePass, the UAE’s leading platform for onboarding, paying, and managing global remote workers, has announced a strategic partnership with the Dubai Chamber of Digital Economy (DCDE), one of the three chambers operating under the umbrella of Dubai Chambers. This collaboration aims to bolster the UAE startup and business ecosystem, by providing a seamless avenue for global businesses to both access the UAE's skilled workforce and relocate global talent, all without the necessity of establishing a local entity. Additionally, the partnership will offer invaluable support to local firms and will enable them to effortlessly hire top talent from around the world, whether as contractors or full-time employees.In pursuit of the DCDE's strategic goal to attract 300 digital startups to Dubai, RemotePass will play a pivotal role in ensuring the HR success of these ventures. With its global infrastructure, RemotePass provides businesses with the essential tools for seamless onboarding, management, and retention of an exceptional pool of both local and international remote talent. RemotePass handles everything from local and international compliance to automated contracts, and global payroll, and facilitates access for workers to top-tier benefits and financial services. This comprehensive support empowers businesses to build remarkable teams and achieve unparalleled success.  This initiative is part of DCDE's "Business in Dubai'' programme, which serves as a business-matching service designed to connect companies with suitable partners, investors, and customers. It also offers a wide array of institutional services delivered in collaboration with the chamber's strategic partners. RemotePass joins this prestigious roster that includes Dubai World Trade Center, etisalat, Dubai Islamic Bank, and many more. The Dubai Economic Agenda (D33) aims to double the size of the emirate’s economy over the next decade, and this partnership with RemotePass plays a key role by equipping companies to attract, hire, retain, and motivate the best talent locally and from around the world. Out of 557,000 SMEs in the UAE, RemotePass was selected by the DCDE as one of the innovative partners to support this mission.  This partnership cements RemotePass’ position as a pivotal entity in the global workforce management landscape, underscoring its commitment to simplifying remote talent management for businesses while ensuring compliance. The biggest positive impact will be RemotePass's contribution to uplifting the UAE's startup ecosystem, fostering enhanced collaboration, and deploying its expertise in streamlining international and local employment processes, benefiting companies looking to hire globally or locally. Eligible businesses can access RemotePass’ services with an exclusive discount through the incentives offered under the Business in Dubai initiative. Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, commented: “We are pleased to welcome RemotePass as the newest service provider on the chamber’s innovative ‘Business in Dubai’ platform, which enables convenient access to a range of integrated services and solutions for digital companies looking to set up or expand their business in Dubai. Our platform plays a key role in attracting leading digital companies and specialised talent to Dubai, as well as providing comprehensive assistance to local startups and established companies. We remain committed to building the world’s best digital infrastructure and consolidating Dubai’s position as the global capital of the digital economy.” Wesley Hattingh, UAE Country Manager, RemotePass commented: "Dubai is the ideal home for entrepreneurs, which is why more than 30,000 new businesses opened in Dubai during the first half of 2023. We’re thrilled about this partnership with the Dubai Chamber of Digital Economy, which aligns perfectly with our mission to simplify cross-border workforce management for the city’s thriving startup ecosystem. This partnership demonstrates our commitment to advancing innovation in Dubai — for companies looking to hire locally and internationally." 

Dubai Chamber of Digital Economy launches ‘App Olympics’ to inspire innovative ideas and advance the emirate's digital ecosystemSaeed Al Gergawi: “By inspiring tomorrow’s digital talent, this competition will play a key role in bringing the wise leadership’s vision for the digital economy to life and contribute to the objectives of the Dubai Economic Agenda (D33).”• Launched as part of the ‘Create Apps in Dubai’ initiative, the contest is open to UAE nationals and residents of all ages from any emirate, as well as global tech startups interested in establishing a presence in Dubai.• Participants will benefit from expert support and a structured learning journey in the world of app development, which culminates with an exciting award ceremony during Dubai Innovation Month in February 2024.Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has launched the App Olympics, a new competition designed to accelerate Dubai’s journey to become the mobile app development capital of the world. The initiative was announced during the opening day of Expand North Star, the world's largest gathering of startups and investors, which is taking place at Dubai Harbour from 15 - 18 October 2023.The App Olympics competition has been launched as part of the ‘Create Apps in Dubai’ initiative announced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, in March. Overseen by Dubai Chamber of Digital Economy and supported by government entities and leading technology companies, ‘Create Apps in Dubai’ has developed a series of initiatives aimed at further strengthening the emirate’s position as a global leader in the digital domain.Commenting on the launch, Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, said: “The App Olympics represents another important step in developing the capabilities of the talented app developers who will help shape Dubai's ambitious future. By inspiring tomorrow’s digital talent, this competition will play a key role in bringing the wise leadership’s vision for the digital economy to life and contribute to the objectives of the Dubai Economic Agenda (D33).”Open to UAE nationals and residents of all ages from any emirate, as well as global tech startups interested in establishing a presence in Dubai, the competition enables participants to learn about app development, build mobile applications, and compete for major prizes and awards that accelerate business growth.The multi-phase challenge encourages aspiring digital entrepreneurs to submit their mobile app development ideas and benefit from expert support during their structured learning journey in the world of app development, which culminates with an exciting award ceremony that will be held during Dubai Innovation Month in February 2024.Each finalist will have the opportunity to showcase their application through a one-minute promotional video, followed by a four-minute pitch presentation. The judging panel will feature leading experts from sectors including banking, venture capital, government entities, and the private sector. Each project submitted will be evaluated, with the top performers selected to compete in the January qualifiers.The competition enables participants to benefit from complimentary access to a tailored package of mobile app development training modules and compete for a chance to build a fully funded application. Contestants will also receive mentorship from industry experts and have access to prototyping tools to facilitate the creation of their product. In addition, the competition provides opportunities to attend exclusive events and connect with potential investors.Led by Dubai Chamber of Digital Economy, ‘Create Apps in Dubai’ seeks to train over 1,000 Emiratis on the fundamentals of coding, building mobile applications, and business creation models through its ‘Emirati Training Academy.’ The initiative also aims to triple the number of app developers in Dubai by 2025 and will support 100 new national projects for the development of cutting-edge applications, which will be made available in digital app stores over the coming two years.Organised by Dubai World Trade Centre (DWTC) as part of GITEX Global and hosted by Dubai Chamber of Digital Economy, Expand North Star takes place at Dubai Harbour from 15-18 October. The event is set to attract over 1,800 startup exhibitors from more than 100 countries, together with around 1,000 investors with a combined total of over US$ 1 trillion under management. This year's showcase will be spread across nine exhibition halls at the waterfront venue and offers opportunities to hear from guest speakers from award-winning startups.To participate in the App Olympics, please visit:createapps.ae/en/programs/appolympics-competition

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has launched the foundational phase of the Emirati Training Academy. The state-of-the-art online training programme comes as part of the ‘Create Apps in Dubai’ initiative and is designed to equip talented UAE nationals with the knowledge and skills required to build a successful career in mobile application development.The self-paced courses build on the programme’s initial phase, which was launched in August, to provide a comprehensive learning journey with two distinct tracks focusing on Android and iOS app development. Participants can opt to complete one or both tracks, and those who successfully complete this phase of the programme will have the opportunity to apply for a course that leads to a globally recognised nanodegree certificate.Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, commented: “We have received overwhelmingly positive feedback on the Emirati Training Academy. Building on this success, the upcoming foundational phase of the programme will deliver an engaging in-depth curriculum on designing and developing apps.”Al Gergawi added: “The Emirati Training Academy comes as part of the 'Create Apps in Dubai' initiative and advances the emirate’s forward-thinking vision to transform Dubai into a leading player in the global digital sector. We recognise the importance of embracing future opportunities and believe this world-class training offering will enable us to build an experienced and highly qualified cadre of Emirati coders and app developers, positioning Dubai as one of the world’s most agile and diversified technology-enabled digital hubs.”The programme’s foundational phase will focus on equipping participants with the technical, user experience, and user interface skills required to successfully develop mobile applications. In addition to Android and iOS app design methodologies, the comprehensive curriculum features specialised courses on app marketing and monetisation, rapid prototyping, and introductions to key programming languages. Participants in the Emirati Training Academy will be guided through workshops delivered by expert Emirati tutors to ultimately help transform their skills and ideas into businesses.The programme aims to create well-rounded developers equipped with a deep understanding of the market and the needs of users, preparing them for the real-world challenges of the app development landscape. Learners will not only develop the skills necessary to become Android and iOS developers, but also cultivate capabilities that will significantly enhance their career prospects within the broader technology sector. Available exclusively to UAE nationals of all ages and from any of the seven emirates, the Emirati Training Academy is designed to educate and upskill Emiratis with the goal of enabling participants to start their own business ventures. Launched earlier this year by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, ‘Create Apps in Dubai’ is designed to empower and enable Emirati talents to play key roles in realising the country’s digital vision.Led by Dubai Chamber of Digital Economy, ‘Create Apps in Dubai’ seeks to train over 1,000 Emiratis on the fundamentals of coding, building mobile applications, and business creation models. The initiative aims to triple the number of app developers in Dubai by 2025 and will support 100 new national projects for the development of cutting-edge applications, which will be made available in digital app stores over the coming two years.

Dubai: Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has published a comprehensive guide for startups that aims to simplify the process of setting up a business in Dubai.‘Building Your Business in a Dynamic City: The Entrepreneur’s Guide to Business Setup in Dubai’ is designed to guide aspiring entrepreneurs through the intricacies of the emirate’s dynamic business landscape, equipping them with the information they need to make informed decisions.Launched as the chamber prepares to host Expand North Star – the world’s largest event for startups – the guide is packed with essential information for anyone considering establishing a new business in Dubai’s rapidly growing digital economy ecosystem.The UAE has outlined an ambitious strategy to double the contribution of the digital economy to the national GDP to 19.4% within the coming decade and achieve a value of US$ 140 billion by 2031. Dubai Chamber of Digital Economy aims to support these objectives by empowering aspiring entrepreneurs with the insights they need to unlock the vast potential of the emirate’s digital economy.The new guide is available to download free of charge and has been developed based on in-depth research and feedback from the business community, which highlighted the need for a convenient reference tool to assist ambitious innovators who wish to become part of Dubai’s success story.With Dubai Chamber of Digital Economy gearing up to host this year’s Expand North Star, the event offers the perfect platform to release the guide. This landmark gathering will attract the global tech community to the emirate and connect venture capitalists with unicorns, scaleups, and startups, further strengthening Dubai’s position as a leading centre for global digital capital.Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy commented: “The launch of this informative guide supports our ongoing efforts to attract and assist entrepreneurs in the digital industries to set up in Dubai, in line with the chamber’s drive to achieve the goals of the Dubai Economic Agenda (D33).”Al Gergawi added: “Ambition alone is not enough to establish a startup – it requires a thorough understanding of the local business ecosystem, legal and regulatory frameworks, and wider economic landscape. The release of this guide represents an advanced step in our journey to help entrepreneurs from across the globe successfully set up their businesses and leverage the exciting opportunities emerging in Dubai’s digital economy.”The guide commences with a section highlighting interesting facts and statistics on Dubai’s vibrant economy, future strategies, diverse talent pool, and fastest-growing sectors, before diving into useful information about key ecosystem enablers, including accelerators and incubators.This is followed by a visual guide to major investors covering pre-seed to growth stages. The publication also takes entrepreneurs through the process of how to open a business account in the emirate and features a handy list of startup-friendly local banks. The guide continues with a section dedicated to the diverse range of free zones in Dubai, which includes a map of the 28 tax-free business zones, a brief outline of the various business structures available, and an explanation of different visa types.The guide concludes with a series of comprehensive one-page set-up guides for key sectors of the digital economy, including Fintech, Digital Assets, Metaverse & Web3, AI, Cybersecurity, Software & SAAS, Healthtech, 3D printing, and Edtech. These feature step-by-step setup guides; sector-specific accelerators, incubators, and sandboxes; regulations entrepreneurs should be aware of; and a list of relevant conferences and events.Dubai Chamber of Digital Economy is committed to building the economy of the future and supporting the emirate’s dynamic startup ecosystem. The chamber is working to create the world’s most advanced digital infrastructure, enhance the contribution of the digital industries to the national economy, and attract business, talent, and investors to Dubai.‘Building Your Business in a Dynamic City: The Entrepreneur’s Guide to Business Setup in Dubai’ can be downloaded by visiting the following link:www.dubaichamberdigital.com/wp-content/uploads/2023/10/the-entrepreneurs-guide-2023.pdf

Dubai – Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has participated in GITEX Africa to engage with startups, incubators, and accelerators seeking to collaborate with the emirate to access global markets.As part of its participation in the exhibition, the chamber held more than 50 meetings with digital startups, multinational companies, and other businesses interested in benefiting from the emirate's advanced digital economy ecosystem and establishing their presence in Dubai.Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, delivered a keynote speech during the event about the benefits of setting up a business in Dubai and the role of the chamber in enhancing the emirate’s digital economy. Al Gergawi also contributed to an insightful panel discussion on key strategies to build a robust and resilient startup ecosystem that supports sustainable economic growth.The chamber’s participation in GITEX Africa supported its goals of attracting high-potential tech companies, international businesses, and investments to the emirate and provided a platform to promote the upcoming Expand North Star event, which will be hosted in Dubai this October.   Dubai Chamber of Digital Economy aims to position the emirate as one of the world’s most agile and diversified technology-enabled digital hubs. The chamber plays an instrumental role in cementing Dubai’s digital leadership by attracting top global companies and talent within the sector and ensuring they can thrive in the emirate.Dubai Chamber of Digital Economy consistently works to amplify the success of Dubai’s digital ecosystem through various initiatives designed to attract startups and unicorns to the emirate. The launch of the Expand North Star Summit, an international event aimed at showcasing Dubai’s competitive advantages to digital companies while connecting venture capital investors with Dubai’s digital leaders, further builds on this success.The GITEX Africa exhibition was the first GITEX event to be held outside Dubai. Hosted in Morocco, the African continent’s largest all-inclusive tech event connected leading global tech companies, governments, SMEs, start-ups, coders, investors, and academia, to accelerate, collaborate, and explore new opportunities.Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, aims to strengthen Dubai’s position as a global leader in digital economy, attract specialised talent, leading companies and new investments and create a stimulating environment that supports the growth of digital companies. The Chamber was established by a decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Dubai: Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has launched its third report on Dubai’s digital economy. The “Dubai's Venture Capital Ecosystem” report provides an overview of the investor landscape backing the start-ups and scale-ups that are transforming Dubai and the MENA region.Commenting on the release of the report, Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications and Chairman of Dubai Chamber of Digital Economy, said, “The UAE’s advanced digital ecosystem has accelerated the development of the entrepreneurship sector and contributed to significant growth in its activity. The country’s proactive vision in developing legislation and initiatives in the digital field creates a favorable environment for startups and fast-growing companies, which has attracted unicorn companies and investors from around the world and consolidated the UAE's position as a global hub for the digital economy.”Al Olama added, “The results in the report reflect our long-term commitment to developing smart digital solutions and deploying these to build a new and future-facing model for the economic sector in the UAE, and Dubai in particular, and underline the emirate’s position as a global capital for the future economy.”As Dubai sets its sights on becoming the global destination of choice for digital entrepreneurs, Dubai Chamber of Digital Economy is tasked with attracting leading tech companies, start-ups and scale-ups that can support Dubai’s digital ambitions. The chamber was created to build the world’s best digital infrastructure and transform Dubai into an international technology hub.With a series of visionary initiatives and investments in cutting-edge technology, Dubai is well on its way to achieving its ambitions. From its world-class fiberoptic network and cloud-based systems to its innovative approaches to smart city development, Dubai has set the standard for how cities can leverage technology to enhance the lives of its citizens and attract global businesses.Just one recent example is the opening of the Moro Hub in February 2023, world’s largest solar-powered data centre. The 100-MW facility is a Dubai 10X initiative, which is an innovative program launched by H.H. Sheikh Mohammed bin Rashid Al Maktoum in 2017. The initiative entails government entities creating disruptive, exponential change, placing Dubai 10 years ahead of leading global cities.According to the report, a total of 749 scale-ups across the MENA region (excluding Israel), have raised a total of over US$19.5 billion cumulatively over the past decade (2012-2022), with UAE scaleups accounting for 65 percent of total cumulative capital raised across the region.Today, Dubai is home to over 40 percent of the MENA region’s scale-ups, with 306 scale-ups calling the emirate home. Dubai still accounts for over 90 percent of all scale-ups in the country, which is home to 338 scale-ups in total.Dubai’s 306 scale-ups have raised over US$11.7 billion in funding over the course of the past decade, which represents an impressive 60 percent of the MENA region’s total cumulative fundraising total. In addition, in 2022, Dubai-based startups doubled-down on their prior year results, fundraising over US$2 billion.In addition, the growth of funding in the MENA region has exceeded US$4 billion in 2021 and 2022 and the number of mega-rounds of US$300 million or more has seen an increasing trend with three seen in 2021 and six in 2022, including two scaleups listing on stock exchanges.In 2022, there was a significant shift in the number of funding rounds, where scale-ups raised funding, and a trend towards larger cheque sizes and funding bracket gained momentum. In the US$100 million to US$1 billion range, funding rounds increased by more than 100 percent between 2021 and 2022. Other funding ranges also saw increases between 20 percent to 87 percent.Considering the source of capital raise, venture capital and corporate rounds accounted for over three quarters of the capital raised, while IPOs and ICOs accounted for nearly equal share.The number of scaleups have also increased considerably, in Dubai, growing 26 percent between 2021 and 2022. In terms of absolute numbers, Dubai saw an increase of 64 scale-ups between 2021 and 2022 growing from 242 to 306 scale-ups.Venture funding in Dubai has seen tremendous growth in the past decade. From a time of only seed stage and earlier rounds, Dubai has grown to become the only city in the MENA region to be home to startups to raise funds in Series E and Series F rounds.The report, which was produced in collaboration with Entrepreneur Middle East, reveals that more than 30 percent of the funding rounds are attributed to startups headquartered in Dubai, implying 87 percent of all funding rounds for UAE-based companies are for firms headquartered in the emirate.By 2031, the national digital economy is expected to be conservatively valued at well over US$140 billion (from today’s US$38 billion). Together with Dubai Chamber of Digital Economy, it is the collaboration between stakeholders and ecosystem players that will ensure that Dubai becomes the next digital economy capital of the world

Dubai: Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, hosted the 10th session of its regular digital industry workshops, focusing this time on software development and artificial intelligence (AI) industry.The workshop brought together top executives, business leaders, experts, and entrepreneurs to discuss the challenges and opportunities facing the industry.Commenting on the event, His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, and Chairman of Dubai Chamber of Digital Economy, said: “The UAE is committed to unlocking the full potential of digital economy, which has grown two and a half times faster than global GDP over the past two decades. The UAE is involving all relevant parties in building a clear roadmap to stimulate digital industries, and ensure that current government policies, initiatives and strategies promote innovation and business friendliness for all sectors.”As Dubai aims to become a preferred destination for international digital investment and global tech talent, it is attracting a growing number of software development professionals. This is in line with the UAE’s plans to provide 100,000 golden visas to the best computer programming talent both in the UAE and across the globe.The UAE is targeting to position itself as a global leader in artificial intelligence by 2031, with several priority sectors, including Resources & Energy, Logistics & Transport, Hospitality, Healthcare, and Cybersecurity. The ‘UAE Digital Economy Strategy’ aims to double the contribution of the digital economy to the UAE's gross domestic product (GDP) to 19.4 per cent within 10 years.Dubai Chamber of Digital Economy is committed to achieving the UAE’s ambitious goals and further establishing Dubai as a leading hub for software development and artificial intelligence.

Dubai: Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has announced the appointment of Saeed Al Gergawi as its Vice President. Al Gergawi will steer the chamber towards its goals of building the world’s best digital infrastructure for Dubai, transform the emirate into an international technology hub, support the interests of technology companies; and strengthen the role of the digital economy in the emirate. His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, Chairman of the Board of Directors of the Dubai Chamber of Digital Economy, emphasized the importance of young national cadres in fulfilling the development objectives set by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, for building a brighter future for the city. Al Olama has highlighted that the development of the digital economy in Dubai necessitates empowering the young and talented individuals with the requisite qualifications and experiences to solve future challenges, utilizing cutting-edge tools and approaches to expedite the implementation of initiatives and enhance the competitiveness of sectors that prioritize innovation and technology. This will contribute to the realization of plans that bolster the UAE and Dubai's aspirations to establish themselves as leaders in the global digital economy, thereby benefiting society at large. Al Gergawi was previously the Director of Dubai Future Academy, an initiative under Dubai Future Foundation. He also led projects for the foundation such as the Global Coders Initiative, the 1 Million Arab Coders project as well as the foundation’s upskilling program. Additionally, he has considerable experience at the MBR Space Center as Mission Strategist for the Emirates Mars Mission and Program Director for the Mars 2117 Programme. Dubai Chamber of Digital Economy supports the growth of Dubai’s digital economy by ensuring a conducive environment for digital companies to thrive, boost creativity and access new business opportunities. It works to create a global framework to build the economy of the future and offer world-class digital infrastructure to support the dynamic start-up ecosystem and create new opportunities for investors.SHAR

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has brought together top executives, business leaders, and entrepreneurs in the metaverse and crypto industry for a new edition of the chamber's digital industry workshop series.The workshop was attended by H.E. Ahmad Bin Byat, Vice Chairman of Dubai Chamber of Digital Economy and board members of Dubai Chamber of Digital Economy, Hind Seddiqi, Fadi Ghandour and Dany Farha. The workshop discussed ideation, opportunities, and challenges as well as ways to drive progress in the metaverse and crypto fields. H.E. Ahmad Bin Byat, Vice Chairman of Dubai Chamber of Digital Economy, said: "Dubai has a healthy and vibrant digital ecosystem welcoming digital companies across various economic sectors and the adoption of the metaverse is rapidly growing.""The workshop on the metaverse and crypto industry is part of a series of digital industry workshops we continue to host. It is a great platform to connect like-minded leaders in the field to discover the latest developments and provide a space for meaningful discussions. The workshop reflects our commitment to positioning Dubai as a world's leading hub for Web3 and the metaverse industries, underlining our vision of creating a more connected and collaborative environment for digital businesses," he added.Dubai launched the Dubai Metaverse Strategy with the ambition of Dubai becoming one of the top 10 metaverse economies and hubs in the world. The strategy aims to attract more than 1,000 blockchain and metaverse companies to Dubai to develop Web3 technology and its applications for Dubai.Dubai has introduced its own virtual asset regime and established Dubai’s Virtual Asset Regulatory Authority (VARA) to provide a secure and progressive operating framework for the virtual asset sector. Recently, VARA announced its entry into the metaverse with the establishment of its metaverse HQ in the virtual world of 'The Sandbox', thus becoming the world's first regulator to make its debut in the metaverse.Major global crypto players such as Binance, Crypto.com and Bybit have all already moved their leadership to Dubai, favoring the emirate's ‘light touch’ approach to regulation.Dubai Chamber of Digital Economy is committed to involving all relevant parties in building a clear roadmap for innovating Dubai's digital industries.

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has hosted the seventh episode of a series of digital industry workshops – this time focusing on the gaming sector. This sector-specific workshop saw leading players in the gaming sector gather to discuss the opportunities and challenges the sector faces. The workshop series provides a platform for key players, start-ups, investors and interested parties to discuss the state of the sector and help create a framework for future success. During the event, H.E. Ahmad Bin Byat, Vice Chairman of Dubai Chamber of Digital Economy, said: “With an affluent, youthful and gaming savvy population, the opportunities for local, global and regional game developers is incredible. We need to work fast, decisively and intelligently to create the right environment for all gaming sector companies to thrive. There’s no reason why Dubai cannot become a regional – if not global – gaming industry hub.”“We need to gain a holistic understanding of the gaming sector, working closely together to ensure that current government policies, initiatives and strategies promote innovation and business friendliness for gaming companies,” he added.The Vice Chairman told attendees that the Chamber is working to create a business environment supportive of the gaming sector, emphasising that the role of the Chamber is purely to act in support of digital industries, to help promote a well-organized, well-regulated and professional work environment for the ever-growing digital sector – of which gaming is a key part.“Dubai enjoys the market, infrastructure and investment that qualifies it to become a global leader in gaming, especially given the sector’s overlaps with emerging Fourth Industrial Revolution technologies including AR, VR and blockchain,” H.E. bin Byat concluded. Meanwhile, pundits suggest the GCC's gaming industry will increase in value from US$1.3 billion in 2019 to US$4.5 billion in 2025. Nine out of ten adults in the UAE currently play video games, according to data from Statista. The UAE’s extensive gaming audience is boosted by the rising popularity of mobile gaming and a blazing 5G network.Another topic during the workshop was the challenge of greater localization in gaming, especially given that Arabic is the fifth most spoken language globally.Dubai Chamber of Digital Economy will hold regular workshops in the future with key gaming industry players, to ensure gaming plays a valuable role in the emerging digital economy, and to track progress of the discussions, ideas and initiatives raised at the workshop. The Chamber is committed to involving all relevant parties in building a clear sector roadmap and assisting in finding solutions to any challenges discussed. Dubai Chamber of Digital Economy plays a prominent role in engaging stakeholders from various digital sectors to promote an environment conducive to growth of the digital economy.

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has hosted the sixth episode of a series of digital industry workshops focusing on the e-commerce market.Attended by Dubai's e-commerce industry leaders, the workshop saw discussions on topics surrounding regulations, funding, talent, and infrastructure. The dialogue sought to provide clarity and a better understanding of the opportunities and challenges faced by e-commerce companies.“Dubai Chamber of Digital Economy is committed to supporting the growth of Dubai’s digital economy and cement the emirate's position as a global destination for digital companies. As such, we will continue to support members through various initiatives including events like this, to ensure we involve all stakeholders in building a roadmap and finding solutions to the challenges faced by digital industry leaders,” said Mohammad Ali Rashed Lootah, President & CEO of Dubai Chambers.“With such a rapidly evolving e-commerce landscape, engaging with stakeholders in a transparent setting is essential in helping us understand the challenges companies face and enables us to carry out our role in advocating to improve Dubai’s business environment and establish the emirate as a leading e-commerce marketplace,” he added.The UAE’s e-commerce landscape has thrived in recent years, through major investments, acquisitions and partnerships with global companies. According to ecommercedb.com, it is the 27th largest market for e-commerce with a projected revenue of US$17.2 billion by 2027 at a compound annual growth rate of 8.4% between 2023-2027.The growth momentum of the UAE’s e-commerce sector is expected to continue, supported by rising demand for online shopping, improvement and modernisation of payment systems and services, as well as steady infrastructural investment flows.The Chamber is committed to involving all relevant parties in building a roadmap and finding solutions to the challenges discussed and aims to reconvene with representatives of these sectors to continue the conversation and track the progress that the discussions, ideas, and initiatives have made.Dubai Chamber of Digital Economy plays a prominent role in engaging stakeholders from various digital sectors to promote an environment that is truly conducive to the growth of the digital economy and the role of advanced technology in society.

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has issued a recent report detailing plans to drive the emirate’s digital economy ambitions, as part of its efforts to strengthen the digital economy ecosystem in Dubai and achieve the goals of the Dubai Economic Agenda (D33).The report estimates the national digital economy will grow to well over US$140 billion in 2031, up from today’s nearly US$38 billion. The study underlined the importance of Dubai Chamber of Digital Economy’s efforts, and the collaboration between various stakeholders and digital startups, to firmly position Dubai as the next digital economy capital of the world.Published in collaboration with Entrepreneur Middle East and titled ‘Dubai’s Digital Economy and its Thriving Startup Ecosystem’, the report explains the fundamental role of the Chamber in supporting digital economy strategies and achieving the wise leadership’s objectives to cement Dubai’s position as a global capital of the digital economy.Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, Chairman of Dubai Chamber of Digital Economy, said that doubling the contribution of the digital economy to the UAE’s GDP from 9.7% to over 20% by 2031, reflects Dubai’s endeavours to establish itself as a key tech hub and leading global destination for digital companies. Al Olama stressed that the UAE’s pioneering initiatives to build the economy of the future help create a world-class digital infrastructure and support the dynamic start-up ecosystem. “Our strategic plans will also focus on achieving the objectives of the Dubai Economic Agenda (D33), especially in terms of driving digital transformation, developing a sustainable business sector, and adding an average of AED100 billion per year in economic value to the emirate’s economy,” he said.“Raising the business community’s awareness about challenges and future trends is a key priority, as is highlighting the importance of digital transformation as an engine of sustainable growth for the business sector,” he added.The report provides insight into Dubai’s digital economy startups and why Dubai will become the next digital economy capital of the world. Dubai has always been known for its strong entrepreneurial spirit. Approximately 96% of all funds raised in the UAE since 2017 have been raised by startups headquartered in Dubai. In 2021, all startups across the entire country raised US$1.2 billion, the vast majority of which went to Dubai-based startups. The emirate’s startups raised more than US$2 billion in 2022, more than double the funding figures in 2021.In addition to highlighting the key strategies, drivers, and stakeholders behind Dubai’s digital economy, the report also features interviews with iconic homegrown startups, as well as recent Dubai transplants from various industries.The study goes on to reveal some of the Chamber’s upcoming plans and strategies, which include attracting 300 digital startups to Dubai by the end of 2024; attracting 100 international experts in advanced technologies; improving laws and policies that would support the growth of the digital economy; organising an international conference on the new digital economy; promoting digital transformation across national companies; and enhancing the business environment to attract global digital firms.

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has organised an interactive workshop for representatives of leading 3D printing companies to discuss challenges and opportunities, and set recommendations to boost the sector’s competitiveness and potential for growth.The workshop is in line with the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, to strengthen the emirate’s position as a global capital for the digital economy. It welcomed His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence (AI) and Remote Work Applications, Chairman of the Dubai Chamber of Digital Economy, among its participants.Held at the Dubai Chambers headquarters, the interactive workshop forms part of a new initiative by the Dubai Chamber of Digital Economy to organise a series of workshops to explore the challenges faced by the targeted sectors, and to develop appropriate solutions that support companies operating in these industries in improving their performance and boosting their competitiveness.Roadmap for turning challenges into opportunitiesOmar Sultan Al Olama said: “The private sector plays a key role in boosting the competitiveness of the economy to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, to strengthen Dubai’s position as a global capital for the digital economy.”He stressed that the partnership between the public and private sectors is critical for achieving the emirate’s strategic goals, plans, and aspirations, noting that the interactive workshop aims to develop a joint roadmap that addresses all challenges and enhances the performance and competitiveness of the 3D printing sector.“At the conclusion of this interactive workshop, we will come out with a comprehensive and clear idea of the 3D printing scene,” H.E. Al Olama added. “This sets the stage for follow-up and proactive measures to turn the recommendations and ideas from the workshop into a reality on the ground, which serves to improve the digital business environment, support companies specialising in 3D printing, and rally all efforts to meet challenges and accelerate economic growth.”Interactive discussionsHigh-ranking officials from companies specialising in 3D printing participated in the interactive workshop, where attendees were divided into several brainstorming groups that discussed various topics, most notably the challenges related to talent, financing, infrastructure, and regulations. Participants presented recommendations and proposed solutions to overcome these challenges, turning them into opportunities that can be seized to support digital transformation in the Emirate of Dubai.Attendees addressed a series of important points, such as developing smart logistical infrastructure; drafting regulations and laws tailored to the growth requirements of the 3D printing industry; developing the business environment; promoting education as a catalyst for attracting skilled and competent professionals and reducing the cost of doing business for 3D printing companies.