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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

Chief Storyteller – Abhishek Sengupta Storytelling has been at the heart of everything I’ve done for nearly two decades, whether it’s captivating audiences with breaking news, crafting compelling video narratives, or writing columns with just the right amount of sarcasm and spice. I’ve been an award-winning investigative journalist, content creator, media strategist, and accidental commentator on everything from falafels to foldable laptops. My career has taken me across 60 countries, four World Cups between two sports, and one unforgettable ‘journalistic’ saga. Along the way, I’ve produced over 1,000 minutes of multimedia content, interviewed corporate top bosses, grilled ministers, while helping UAE’s longest-running English daily Khaleej Times ride the digital wave. All along, I’ve only tried (and occasionally succeeded) in making audiences laugh, think, and occasionally say, “Wait, that was actually interesting” —proving that even in today’s world, storytelling isn’t just alive; it’s thriving, quirky, and kicking up a storm.

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Dubai’s Al Quoz Creative Zone neighbourhood gets a mobility upgrade: Here’s what’s new

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Getting around Al Quoz Creative Zone just became easier, safer, and far more walkable.

Dubai’s Roads and Transport Authority (RTA) has announced the completion of a major package of infrastructure and mobility projects designed to boost connectivity and support the area’s transformation into a global creative hub.

The upgrades are part of a wider master plan aimed at attracting creatives, entrepreneurs, and investors from around the world, while making Al Quoz a lively, year-round destination for culture, learning, and leisure.

What’s been completed?

One of the standout additions is a new pedestrian and cycling bridge on Al Manara Street, designed to improve safety and ensure smooth movement across the area. The bridge spans 45 metres, is 5.5 metres wide, rises 6 metres high, and features two access ramps stretching 210 metres each.

RTA has also delivered:

  • Three mobility hubs
  • 4km of pedestrian, cycling, and individual mobility routes
  • Better connections to the Metro Station and Al Quoz Bus Station

Together, these upgrades support easy, car-free movement through the district.

Streets that turn into cultural spaces

Preparations are also complete for the Super Blocks project, which allows selected streets to be temporarily closed and transformed into pedestrian-only spaces during major events.

One of the first to benefit? The Al Quoz Arts Festival, taking place on January 24 and 25, organised by Alserkal Avenue in partnership with Dubai Culture.

These flexible urban spaces are designed to host art events, festivals, and community activities, helping bring the streets to life while encouraging walking and social interaction.

Designed for people, not just cars

RTA says the projects support Dubai’s 20-Minute City concept, encouraging residents and visitors to reach work, services, and leisure within a compact, well-connected area using sustainable transport.

They also align with:

  • Dubai Urban Plan 2040
  • Dubai Social Agenda 33
  • Year of the Family

The goal? Healthier lifestyles, stronger social connections, and a more pedestrian-friendly city.

A creative district on a whole new scale

Once fully developed, Al Quoz Creative Zone is expected to grow dramatically:

  • Creatives: from 900 to 20,000
  • Residents: up to 8,000
  • Daily visitors: around 33,000
  • Studio and workshop spaces: 10x increase
  • Leisure and support facilities: 3x expansion

The zone will also deliver 2,900 affordable housing units for creatives, integrated live-work spaces, public plazas, shaded alleys, art routes, murals, and sculptures, all while preserving Al Quoz’s industrial character by repurposing existing warehouses.

With these latest mobility upgrades, Al Quoz Creative Zone is quickly shaping up to be one of the world’s largest and most people-focused creative districts, where art, culture, business, and everyday life intersect.

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Dubai launches District IO: A futuristic hub for AI, smart mobility, and emerging tech

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Dubai has just unveiled District IO, a bold new development in Dubai Silicon Oasis aimed at becoming a global cutting-edge hub for AI, smart mobility, quantum computing, and transformative technologies. Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the project is expected to boost the UAE’s GDP by Dh103 billion and generate over 70,000 jobs across the next 10 years.

Sheikh Mohammed shared on social media that the project is expected to contribute more than AED103 billion to the UAE’s GDP over the next 10 years, creating over 70,000 direct and indirect jobs and attracting up to Dh30 billion in foreign investment by 2036.

“We will not stop, and we will not look back because the one who looks back does not reach,” Sheikh Mohammed said, emphasising Dubai’s mission to remain an open platform for talent, creativity, and future technologies.

What to Expect from District IO

  • Businesses & Talent: Space for 6,500 companies and 75,000 specialised talents
  • Investments: AED11 billion in two phases (2026–2027)
  • Buildings & Facilities: 25 LEED-compliant buildings (18 commercial, 4 residential), plus hospitality amenities
  • Location: Near the Dubai Metro Blue Line in Dubai Silicon Oasis

District IO is part of the broader Dubai Silicon Oasis expansion, which includes the Block 14 residential and lifestyle district (Dh1.8 billion investment), aligned with the Dubai 2040 Urban Master Plan and the city’s Transit-Oriented Development (TOD) model. Block 14 is expected to be completed in 2029.

Sheikh Mohammed’s Tour Highlights

On the sidelines of the launch, Sheikh Mohammed also visited key projects in Dubai Silicon Oasis:

  • Fakeeh University Hospital: Reviewed advanced medical services and patient-centric systems
  • Rochester Institute of Technology Dubai: Briefed on the Middle East’s first drone delivery network, integrating robotics and autonomous systems

With District IO and these associated projects, Dubai continues to cement its position as one of the world’s most future-ready cities, blending innovation, investment, and lifestyle like never before.


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UAE motorist alert: Give way to emergency vehicles or face Dh3,000 fine

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Sharjah Police are sounding the alarm again. Don’t delay emergency vehicles, even for a moment. A few seconds of hesitation can mean the difference between life and death.

The reminder comes with a new road safety awareness campaign showing real emergency response footage, from police patrols and ambulances to Civil Defence teams, and how unsafe driving habits can slow down critical, life-saving missions.

Authorities say the biggest problem isn’t traffic jams, but distracted driving: Mobile phone use, panic braking, stopping in live lanes, and misusing the hard shoulder (which is strictly for emergency vehicles only).

Sharjah Police stressed that the road is a shared responsibility, giving way isn’t just the law, it’s a humanitarian duty.

Major Abdul Aziz Saeed Al Yahyai from Sharjah Police’s Traffic and Patrol Department made it clear: drivers must move calmly and safely the moment they see flashing lights or hear sirens. Cooperation on the road can literally save lives.

And yes, violations are tracked. Smart traffic systems and dashcams in emergency vehicles monitor drivers who fail to give way.

Each violation comes with a Dh3,000 fine, 6 black points, and 30-day vehicle impoundment.

The next time you hear a siren, don’t stop, don’t film, don’t block. Just give way or face the penalty.

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