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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.

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dubai to further virtual strategies in metaverse assembly
Dubai Future Foundation

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.

dubai metaverse assembly september 2022

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.

Also Read: Farfetch Aims To Bring Web3 To The World Of Fashion

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.

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NASA Forms New Partnership With Saudi Space Agency

The pair will collaborate on the Center for Space Futures, advancing space tech by bringing together public and private stakeholders.

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nasa forms new partnership with saudi space agency
Saudi Space Agency

Saudi Arabia’s space industry is on the brink of substantial expansion after generating $400 million in revenue in 2022, according to a report by the Saudi Communications, Space and Technology Commission.

Now, in a new venture with NASA, plans for a “Center for Space Futures” are set to further drive the Kingdom’s aspirations of becoming a leading player in space exploration and technology.

The partnership between NASA and Saudi Arabia goes beyond economic advantages. The pair have already cooperated on preliminary work for the Artemis II lunar mission, which is slated for a September 2025 launch and aims to land astronauts near the moon’s South Pole.

Also Read: Plans Underway For Massive Middle East Autonomous Freight Network

During a visit to the capital, Riyadh, NASA Administrator Bill Nelson emphasized in a TV interview the broader objectives of the collaboration, which encompass “returning to the moon and then [to] Mars” while utilizing space exploration to glean important insights into climate change. The NASA spokesman also reiterated the space agency’s dedication to collaborating with Saudi Arabia on other future ventures.

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