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Hamdan bin Mohammed, Maktoum bin Mohammed issue directives to set up task force to track digital economy

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DUBAI (WAM) – Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, reviewed vital technology trends in the Metaverse and issued directives to form a task force to track the latest developments in the digital economy.

The move is part of the directives issued by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, during the previous meeting of the Dubai Council.

Sheikh Mohammed had directed the formation of a higher committee to supervise technological developments in the emirate and oversee developments in the digital economy, contributing to enhancing Dubai’s status as the best city in the virtual space thanks to innovative services and its advanced regulatory and legislative framework.

Sheikh Hamdan said the formation of the higher committee to oversee technological advances in Dubai reflects the farsighted vision of father, who always looks ahead and takes proactive and prompt decisions to harness potential opportunities. The decision would cement Dubai’s status as a key city in the metaverse, he added.

Sheikh Hamdan noted that the committee had started work on key pillars and the objectives of the Dubai Metaverse Strategy. Based on data and information, the strategy aims to increase the contribution of the metaverse sector to Dubai’s economy to US$4 billion by 2030 and increase its contribution to Dubai’s GDP to 1 percent.

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During the meeting, Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications and Chairman of The Dubai Chamber of Digital Economy, outlined how Dubai stands to benefit from the metaverse in a way that enables it to generate business opportunities beyond its physical borders.

The committee aims to implement metaverse technologies that can help improve the performance of resident surgeons by 230 percent and increase the productivity of engineers by 30 percent, in addition to supporting 42,000 jobs to become virtual.

Dubai plans to become a key player in the virtual world and is developing a regulatory and legislative framework for the sector. It is also launching projects and initiatives that will further raise its stature in the virtual world.

The committee is currently working on identifying opportunities and challenges and continuing the development of the legislative framework that covers future requirements of all sectors. In addition, the committee is working on qualifying human capital to be able to excel in the virtual world.

The metaverse is a virtual-reality space where users interact with computer-generated environments and other users. It combines elements of social media, augmented reality, virtual reality, video games, cryptocurrencies, and other advanced technologies.

Current estimates expect business revenues from the metaverse could grow from US$180 billion to US$400 billion by 2025.

Earlier this month, Dubai’s Virtual Assets Regulatory Authority (VARA) said it had entered the metaverse with the establishment of its Metaverse HQ, making it the first regulator to have a presence in the emerging digital space. Expanding VARA’s resources to a borderless audience is part of Dubai’s strategy to create a prototype decentralised regulator model.

It also aims to make it accessible to government and industry leaders, other authorities and virtual asset service providers to help shape the future digital economy. VARA’s MetaHQ will utilise The Sandbox platform, an Ethereum blockchain-based application that allows users to create, sell and purchase digital assets.

 

 

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    Sheikh Hamdan bin Mohammed, right, and brother Sheikh Maktoum took an overview of the vision and strategy ahead for the digital economy. WAM

  • Dubai-digital-economy

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Hijri New Year 2026: Dubai announces holiday for schools, universities and nurseries

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Students, teachers and employees across the UAE are set for a long weekend after authorities confirmed Monday, June 15, as a public holiday to mark the Hijri New Year.

In Dubai, the Knowledge and Human Development Authority (KHDA) announced that schools, universities and early childhood centres will be closed on June 15, with classes resuming on Tuesday, June 16.

Earlier, the UAE government confirmed the same date as an official holiday for both public and private sector employees, in line with the country’s approved 2026 holiday calendar.

For most residents, the holiday creates a three-day weekend. In Sharjah, where government employees and students follow a four-day workweek, the public holiday extends the break to four days.

The Islamic New Year marks the beginning of the Hijri calendar and falls on the first day of Muharram, the calendar’s opening month. The exact start of Muharram is determined through official moon-sighting procedures.

With the holiday falling on a Monday, many residents can look forward to an extended break before normal work and school schedules resume on June 16.

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New electric bus, more stops and free rides in Ras Al Khaimah for all

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Ras Al Khaimah residents and visitors can now ride the emirate’s first electric public bus following the launch of the upgraded Purple Route, which also offers free travel during its first month of operation.

Introduced by the Ras Al Khaimah Transport Authority (RAKTA), the revamped route officially entered service on June 3 and forms part of the emirate’s push towards smarter and more sustainable transport solutions.

The upgraded Purple Route now covers an additional 14 kilometres and connects key destinations between Al Nakheel and Manar Mall, including hospitals, government centres, educational institutions and residential communities.

A major highlight of the launch is the introduction of Ras Al Khaimah’s first electric bus, supporting RAKTA’s plans to expand environmentally friendly transportation and reduce emissions across the public transport network.

The service operates 12 daily trips under an enhanced schedule designed to improve reliability, reduce waiting times and make commuting easier for passengers.

The Purple Route is one of five public bus routes operating across the emirate. With the latest expansion, Ras Al Khaimah’s public transport network now spans 215 kilometres, supporting the authority’s goal of increasing urban transport coverage to 65 per cent by 2026.

Passengers can also use the Sayer app to plan journeys, check schedules and track buses in real time.

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UAE summer working hours announced: Midday outdoor work ban begins on June 15

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The UAE’s annual midday work ban will come into effect on June 15, with authorities once again restricting outdoor work during the hottest hours of the day to safeguard workers from extreme summer temperatures.

The regulation prohibits work under direct sunlight and in open-air locations between 12:30pm and 3pm daily, and will remain in force until September 15.

Now in its 22nd consecutive year, the initiative reflects the UAE’s ongoing commitment to workplace safety and employee wellbeing, particularly during the peak summer season when heat-related health risks increase significantly.

Under the rules, employers must provide suitable shaded rest areas for workers during break periods. Companies are also required to ensure access to drinking water, hydration supplies and cooling equipment such as fans to help protect workers from heat stress.

The Ministry of Human Resources and Emiratisation stated that limited exemptions will apply to certain activities where work cannot be postponed due to technical or operational requirements.

These include asphalt paving, concrete pouring and emergency maintenance work necessary to restore essential public services such as water, electricity and traffic systems. Projects requiring special government permits because of their impact on public infrastructure or movement may also be exempt.

Authorities warned that companies failing to comply with the regulations could face fines of Dh5,000 per worker found in violation, with total penalties reaching up to Dh50,000 for multiple offences.

The ministry highlighted the strong compliance levels achieved in previous years, noting that 99 per cent of companies adhered to the regulations during last year’s Heat Stress Protection campaign.

As part of broader efforts to support outdoor workers, more than 10,000 air-conditioned rest stations equipped with essential amenities were made available to delivery riders across the country.

Officials urged businesses to continue prioritising worker safety and strictly follow the summer regulations to help reduce heat-related illnesses and maintain a safe working environment throughout the season.

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