How Are The Various Dubai Government Departments Entering Metaverse

27 Oct 2022
img-01

Dubai is leading the way to be the leading hub of the metaverse. The technological prowess, thriving innovation, research and development environment, and sophisticated digital infrastructure of the city serve as a base for the construction of metaverses. The emirate is fostering an innovative culture and making a seamless transition to a digital economy thanks to a flexible, strong regulatory environment and government-led initiatives.

The Analysis Group's economic researchers estimate that the metaverse's adoption over the next 10 years might contribute $3 trillion to the world economy by 2031. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Dubai Executive Council, and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), introduced the Dubai Metaverse Strategy with the goal of making Dubai one of the top 10 metaverse economies worldwide.

By 2030, the initiative hopes to support up to 40,000 more virtual jobs and contribute $4 billion to the city's GDP. Most of these positions will be in industries like augmented and virtual reality. The approach, which offers a road map for the future, is consistent with the recently finished "Dubai Metaverse Assembly." The DFF organized the event, which took place at Dubai's Emirates Towers at the Museum of the Future and AREA 2071 from September 28-29.

With the purpose of assessing national initiatives and exchanging experiences on the metaverse, the assembly also saw participation from local organizations and government bodies, including the Dubai International Financial Centre, VARA, Majid Al Futtaim, DAMAC, and Dubai Digital, among others. Now, various government departments are stepping into the Metaverse realm. This article will list these departments and how they are entering the Metaverse.

 

Dubai Electricity and Water Authority (DEWA) launches “DEWAVerse”

dewaverse

As part of its attempts to expand its services to consumers, staff, and society, Dubai Electricity and Water Authority (DEWA) has introduced "DEWAVerse," a platform on the metaverse.

Thanks to this initiative, DEWA is now the first governmental organization to enter the metaverse. Users will be able to interact with DEWA personnel to resolve issues, visit a customer care center, and conduct transactions virtually, thanks to the Dewaverse. Additionally, a virtual DEWA workplace will let users wander around DEWA facilities and have meetings. DEWA invests in Metaverse technology to implement and improve its ongoing and upcoming initiatives, which helps to increase stakeholder satisfaction, and company growth, boost productivity and cut costs.

 

RTA Enters The Metaverse

RTA

RTA will also participate in the Dubai metaverse employing augmented reality technology, showcasing Dubai Metro's train network through digital twins.

To expose minute details and other crucial scenarios that impact asset life cycles, the digital twin platform integrates historical maintenance data from the last 12 years of Dubai Metro operation with real-time data acquired by external data-collection devices.

The platform provides suggestions for enhancing the asset life cycle using historical and real-time data, including modifying periodic maintenance plans and other permitted processes, machine learning, and system development to detect potential problems in the future.

 

Ministry of Economy launches third address in the Metaverse

Ministry of Economy

The UAE Ministry of Economy will soon launch the third address in the metaverse.

During a panel discussion at the Dubai Metaverse Assembly last month, Emirati minister Abdulla bin Touq Al Marri stated, "We have one physical site in Dubai, one in Abu Dhabi, and we are building up the third in the metaverse."

The minister said, "The new metaverse facility features an auditorium and can handle meetings, contract signings, and more." According to Al Marri, the new service center will be an immersive setting where individuals may move around, make collections, socialize with other people, and access services exactly like they could in actual places.

 

Dubai Airport Freezone also joins the metaverse

Dubai Airport Freezone

The Dubai metaverse will soon include the Dubai Airport Freezone (DAFZ), a unit of the Dubai Integrated Economic Zones Authority (DIEZ).

The program intends to strengthen the Emirate's leadership position as a center for competitive and beneficial technology by exposing the DAFZ's distinctive offers, products, and solutions to attract foreign direct investment (FDI) and enterprises to the free zone.

Regardless of the actual location, METADAFZ will allow clients worldwide to have meetings via a virtual platform, providing a distinctive semblance of reality.

 

Commercial Bank International becomes first Dubai bank to enter the Metaverse

Commercial Bank International

Commercial Bank International (CBI), located in Dubai, has entered the metaverse. The bank made the announcement about the opening of its metaverse site, making it the first bank in the UAE to have a presence there.

Visitors to Decentraland can reach CBI's virtual location by going to cbi.dcl.eth or (63, -127) by utilizing the Decentraland map coordinates. The bank claimed that portals may also be used to access the bank's virtual location.

CBI Chief Executive Officer Ali Sultan Rakkad Al Amri stated, "We are happy to be the first bank in the UAE and among the first in the Middle East to deliver the metaverse experience to our clients and citizens.

 

Royex Metaverse is a leading Metaverse development company in Dubai, UAE. We are at the forefront of adopting and developing the next generation of Internet technology - Metaverse. With leading Metaverse App development services and solutions, we can help you uncover new possibilities! We provide a wide range of future-ready metaverse services such as Metaverse Shopping App, Sandbox & Decentraland Property Design, Metaverse Land Purchase, NFT creation & Minting, NFT Marketplace Development, Smart Contracts Development & Custom Blockchain Development. Our Metaverse Services and solutions let you create dynamic and realistic virtual worlds and real-world environments for better business collaboration.

Check our website and portfolio for any metaverse development service in Dubai to see our previous works. Contact us via email at info@royex.net or call us at +971566027916 with your requirements; and we can tell you the development cost precisely.

Recent articles

How To Combat Fraud In The Metaverse

The key to combating fraud in the Metaverse is creating a virtual world with the same level of security as the real world. This means that we need to use biometrics and other technologies to ensure a secure environment. We also need to educate people about how their personal information may be used in the Metaverse and their rights concerning personal data protection.

UAE Launches The World's First Metaverse-as-a-Service Business. Is MaaS Going To Be The Next SaaS?

UAE is on the verge of becoming the next metaverse capital as they are launching a metaverse-as-a-service(MaaS, just like SaaS). The UAE has already been investing heavily in VR and AR technologies, but now it wants to be at the forefront of immersive content production.

Top 5 Trends that will Drive Metaverse in 2023

Metaverse has been the most talked about word in the tech community since 2022 after Facebook rebranded its name to Meta. Metaverse is going to be the next digital platform where users can work, enjoy & socialize simultaneously.  Different metaverse platforms are focused on different goals, as Nvidia & Microsoft are developing Metaverse, which collaborates both digital projects & work, where Meta is focusing on creating a digital environment that will accelerate business in every way possible.

Why Does NEOM Need A Digital Twin?

NEOM is the premier commercial and tourist development in Saudi Arabia on the Red Sea coast, and Prince Mohammed first announced it in 2017. It is a major undertaking in the 2030 Vision, which outlines the kingdom's goals for economic diversification. But why does it need a digital twin? We explain and discuss this in this article.

Why Is Interoperability Vital For Metaverse?

In the metaverse, the interoperability of different virtual platforms is quite challenging. This is because different virtual worlds and games have different rules, assets, 3D avatars, and currencies. Interoperability will allow users to move between these different worlds seamlessly, like in the real world, without any issues.

Let's Talk

We Would Like To Hear From You Any Question

Our sales and support staff are present round the clock to assist you. Just drop us a message by filling the form below and we will get back to you. You can also contact us via email or give us a call at our number.

  • 1Office #3203, 32nd Floor, Citadel Tower, Marasi Dr, Business Bay, Dubai - UAE
  • 2+971 45820203 ( Landphone )
    (+971) 566027916 ( Dubai )
  • 3 info@royex.net