By Lucidity Insights Research Team • February 28, 2023
Dubai as the Next Digital Economy Capital of the World
Dubai is swiftly advancing on its journey to becoming the world's next Digital Economy Capital. To realize this vision by 2030, the city has implemented a range of strategic initiatives, such as Dubai's Blockchain Strategy, Digital Economy Strategy, Metaverse Strategy, and its most recent Economic Agenda, known as 'D33.' Meet the visionary founders of Dubai startups who are actively contributing to the realization of Dubai's ambitious digital economy goals. Watch this video to discover how they're making it happen!
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Dubai’s Digital Economy and Its Expanding Startup Ecosystem
Dubai’s startup ecosystem will have raised over USD 2 billion by the end of 2022, with self-employed and digital economy roles tripling. Few MENA markets have a 20-year-old startup ecosystem birthing multiple unicorns. Dubai has been the digital startup hub for tech giants and new unicorns alike. Since 2017, Dubai has raised 96% of UAE’s funds, totaling over USD 2 billion by October 2022. LinkedIn data shows a booming digital economy job market with increasing opportunities and remote work options. Learn from top home-grown startups and global transplants why Dubai is poised to become the next digital economy capital of the world.
Other Videos
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Join Erika Welch at GITEX GLOBAL 2024 as they launch the Dubai Startup Guide 2024, a key resource for startups and investors. Watch now!
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The UAE is home to 12 unicorns, with Dubai driving growth as a global hub for innovation, startups, and entrepreneurship success.
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July 2024 sees a 123% YoY increase in MENAPT VC funding, with Pathfinder, MNT-Halan, and Magenta Medical leading the charge.
