The Dubai Chamber of Digital Economy promotes the digital startup ecosystem in the Emirate

by time news

2024-08-30 15:15:31

Dubai Digital Camera has recently announced in an official statement having contributed to the birth and growth of 215 promising digital startups in the Emirateduring the first half of 2024. Growth to the year is 212% compared to the corresponding period of the previous year, when 69 companies supported. The combined ecosystem of supported startups has reached a market value of nearly US$7 billion.

During the first six months of 2024, the Dubai Council of Digital Economy also trained 243 Emiratis under the initiative ‘Create Applications in Dubai’, launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense.

In addition to this, the Chamber has organized a total of 12 international road shows aimed at promoting the‘Expand North Star event, the world’s largest gathering of startups and investors, to be held in October at the Dubai World Trade Center.

The Chamber’s commitment to strengthen its presence as organizer, strategic partner and active participant in 15 regional and international events during the first half of the year is significant.

Hello Omar Sultan Al Olama, Minister of State for Intelligence, Digital Economy and Remote Services, and President of the Dubai Digital Chamber, commented:”In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to strengthen the Emirate’s position as the global capital of the digital economy, we are increasing our efforts to develop an ecosystem that promotes the growth of digital businesses, supports their expansion and positions Dubai as the world capital of the digital economy. This is part of our commitment to achieve the goals of the Dubai Business Development Program (D33), which aims to generate a total of Aed100 billion per year for the Emirate’s economy through digital transformation projects.

In addition, the ‘Create Applications in Dubai’ we launched to strengthen digital capabilities in the UAE and it aims to train 1,000 Emiratis in collaboration with the private sector. The initiative aims to triple the number of app developers in Dubai by 2025 and support 100 new national projects to develop cutting-edge mobile applications..

This initiative fosters the development of emerging opportunities in the industry, creating a strong digital infrastructure, establishing a legislative framework that supports the development of the application and providing government incentives to increase the development of the sector.in accordance with the strategic objectives of the chamber.

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