Dubai Chamber of Digital Economy Attracts 30 Tech Startups to Dubai During Q1 2023

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has unveiled details of its key achievements during the first quarter of 2023. The announcement underlines the chamber's commitment to boosting the digital economy in the emirate and supporting the ambitious Dubai Economic Agenda D33.

During the first three months of this year, Dubai Chamber of Digital Economy successfully cooperated with relevant government entities to attract 30 startups with strong potential in the technology sector as part of its efforts to develop the digital economy and enhance Dubais appeal to tech investors.

The chamber has also launched a new initiative to enhance communication with key stakeholders in digital business community, and organised a series of 10 interactive workshops for the private sector focusing on specific areas of the digital economy. The workshops explored the challenges facing the targeted sectors and helped develop appropriate solutions to support companies in improving their performance and competitiveness.

H.E. Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications and Chairman of Dubai Chamber of Digital Economy, confirmed that realising the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, for the emirate to be a global capital of the digital economy remains a top priority for the chamber both now and in the future, and that the private sector is a key player in achieving this objective.

A main focus for the UAE is strengthening constructive dialogue with key segments of Dubais digital business community to determine opportunities, challenges, and recommendations, H.E. Al Olama stated. We aim to chart a roadmap for strengthening the emirates digital infrastructure, develop legislation that supports the growth of tech companies, and enhance the digital economys competitiveness and contribution to Dubais overall economic growth.

The series of interactive workshops covered a wide range of digital economy sectors including 3D printing, social media, venture capital and business incubators, ecommerce, video games, the gig economy, financial technology (FinTech), the metaverse, cryptocurrencies, healthtech, artificial intelligence, and software development.

Dubai Chamber of Digital Economy is committed to supporting Dubais digital transformation and elevating the emirates position as a global capital of the digital economy. The chambers ambitious strategy aims to attract 300 new digital startups in the coming years. As part of these efforts, Dubai Chamber of Digital economy will host the Expand North Star Summit in October. The event, which is the regions largest gathering of startups, will showcase growth opportunities emerging in Dubais digital economy and serve as a strategic catalyst to expand the future of digital economy.