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Dubai To Further Virtual Strategies In Metaverse Assembly
The assembly is due to take place in Dubai’s Museum of the Future, where it will connect people with the latest Web3 technology.
Organized by the Dubai Future Foundation (DFF), The Dubai Metaverse Assembly is due to take place on the 28th and 29th of September 2022, launched by Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.
The assembly will host Facebook parent company Meta and representatives from the World Economic Forum, Mastercard, Emirates, and Accenture. 300 world experts and 40 specialist organizations will also be in attendance at an event that will take place in the Museum of the Future, next to the famous Emirates Towers.
“This global assembly will facilitate synergies amongst the most pioneering and innovative private and government entities, building exciting use cases in web 3.0 and the Metaverse. [the assembly will] bring together policymakers, academia, startups, and corporations to explore these technologies and their impact in the Metaverse,” says Dubai Metaverse Assembly’s director, Hamad Al Shirawi.
The overarching theme is centered around connecting real and virtual worlds, and workshops will advise participants on how to benefit from, and gain capital in the Metaverse to achieve an improved quality of life in both spheres of existence.
The Dubai Metaverse Strategy was announced two months ago by Dubai’s Crown Prince to boost the Emirates virtual footprint and prepare the UAE government for the emergence of the Metaverse by providing an outlet and forum for discussion and collaboration.
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The event is set to host plenty of experienced speakers who will guide the audience through this emerging new technology, introducing them to a market tipped to be worth $30 trillion within the next decade and a half.
“The Metaverse is a promising digital world. We aim to harness this technology to enhance the quality of life in the UAE and across the globe […] We want Dubai to lead globally in adopting the technology of the future, understanding its developments, harnessing its potential, and driving change,” says His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
News
Stake Powers Instant Payouts With Checkout.com Pay To Card
The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.
Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.
After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.
The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.
Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.
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Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.
Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.
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