2024-07-29 09:02:52
Its market capitalization reaches US$7 billion.
Dubai: “The Gulf”
Dubai Digital Economy Chamber, one of three chambers under the Dubai Chamber of Commerce, supported 215 digital startups with good potential to establish and grow their business in the emirate in the first half of 2024. 69 companies. The companies have a combined market capitalization of approximately $7 billion.
In the first half of this year, the Chamber of Commerce trained as part of the ‘Apply in Dubai’ program launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense A total of 243 Emiratis were recruited, led by the Dubai Chamber of Commerce for the Digital Economy.
In the first half of this year, the Chamber of Commerce held 12 overseas tours to promote the “Expanding North Star” exhibition hosted by the Dubai World Trade Center and hosted by the Dubai Digital Economy Chamber in October next year, considered the world’s largest gathering of emerging companies and investors.
In the first half of this year, the Dubai Digital Economy Chamber strengthened its positive influence as the organizer, supporter and strategic partner of 15 local and international events.
Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications and Chairman of the Board of Directors of the Dubai Digital Economy Chamber, said: “In order to achieve the goals of Sheikh Mohammed bin Rahi The vision of His Highness Sheikh Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, is to strengthen Dubai’s position as the global capital of the digital economy and continue to intensify efforts to create conditions conducive to the growth of the digital economy. The environment builds on Dubai’s status as the global capital of the digital economy, supports its expansion and enhances its growth prospects, contributing to the achievement of the goals of the Dubai Economic Agenda (D33) and creating new economic value from digital transformation New Economic Average It will add Dh100 billion to Dubai every year.
Al Olama added: “The Dubai Digital Economy Chamber is keen to enhance Dubai’s openness to companies and businesses across all technological expertise through a series of initiatives and programs dedicated to developing infrastructural, regulatory and service infrastructure for digital industry systems. Home appeal.
The Apps in Dubai initiative aims to develop the capabilities of the national digital cadre and train 1,000 UAE citizens, working with the private sector to triple the number of app developers in Dubai by 2025, in addition to providing: Services to support 100 new country projects: their application in digital stores.
Led by the Dubai Digital Economy Chamber, the initiative aims to capitalize on new growth opportunities in the sector by creating a strong digital infrastructure, developing a legislative framework to support application development and providing government incentives to accelerate the growth of the sector, in line with The strategic goals of the Chamber of Commerce.
In the first half of this year, the Chamber also signed four Memorandums of Understanding with various partners to improve the environment conducive to the development of technology and digital companies in Dubai, including one with Enterprise Ireland, an Irish government agency. In terms of deal volume, Considered the largest venture capital institution in Europe, the agency aims to establish strategic partnerships to enhance business opportunities, expansion and joint collaboration between Dubai and Irish companies, with a focus on the following areas: Digital sector.
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