Dubai plans to attract more than 1,000 companies with its Dubai Metaverse Strategy, with the aim of supporting more than 40,000 virtual jobs by 2030.

The Dubai Metaverse Strategy aims to turn Dubai into one of the world’s top 10 metaverse economies, making it a global hub for the metaverse community. The strategy aims to attract more than 1,000 companies in the blockchain and metaverse fields, boosting Dubai’s economy and supporting the UAE government’s vision of increasing blockchain companies in the region fivefold.

The strategy aims to encourage innovation by enhancing the metaverse’s economic contributions through R&D collaborations and promoting advanced ecosystems by using accelerators and incubators that attract companies and projects to Dubai.

Dubai also aims to provide support in metaverse education aimed at developers, content creators and users of digital platforms in the metaverse community.

This extends to the development of Web3 technology and its applications to create new governmental work models and development in sectors including tourism, education, retail, remote work, healthcare and the legal sectors.