Innovation is what drives progress in Dubai. Here, investments are made in the development of an ecosystem for innovative solutions and forward-looking business models to flourish. The city ranks first in the world in attracting foreign direct investment (FDI) and scientific and technological exchange in the high-tech sector.
Dubai is growing in popularity among crypto exchanges, blockchain-based companies and startups interested in networking, participating in business meetings and events, and building their projects’ awareness among blockchain industry professionals. Major innovative conventions, forums, networking and business events designed to build long-lasting and stable business relationships are taking place in Dubai with increasing regularity and attracting a larger and more serious audience to participate. All this creates a certain information background and excitement among innovative enterprises and startups as well as potential investors.
The metaverse and blockchain ecosystems are set to transform Dubai into an innovation hub, accelerating its efforts to become a pioneer and build on its smart city status.
Dubai’s metaverse strategy, which aims to adopt creative solutions, improve people’s lives, and introduce positive socioeconomic changes, will boost regional and global economies while bringing innovation to attract new firms and projects to the city’s modern technology hub.