iPhone | iPad
Android
Huawei
Making the Dubai-based company one of the top five overseas investors in this period
KT APPDOWNLOAD
Dubai: Sheikh Hamdan meets with Meta's president for global affairs
The emirate is looking to deepen synergistic partnerships with global technology majors further to transform the city into a frontrunner in shaping the future of the world's digital landscape
Photo: Dubai Media Office
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, on Monday met with Nick Clegg, President, Global Affairs, of global technology giant Meta, on the sidelines of the World Government Summit 2023.
In his discussions with Meta’s Global Affairs President, Sheikh Hamdan said Dubai is looking to further deepen synergistic partnerships with global technology majors like Meta to further the leadership’s vision to transform Dubai into a frontrunner in shaping the future of the world’s digital landscape. As part of the goal of turning Dubai into a global destination for technology and digital industry talent, the emirate is keen to strengthen cooperation with the world’s leading companies in the sector, Sheikh Hamdan added.
Sheikh Hamdan further said that partnerships with international technology players are particularly vital in the context of the objective of the Dubai Economic Agenda D33, recently launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to accelerate investments in advanced technology and develop a large pool of talent to consolidate Dubai’s global competitiveness, innovation and knowledge-based economy.
Dubai’s strong partnerships with companies such as Meta also support D33’s aim to generate Dh100 billion annually from digital transformation and the Dubai Metaverse Strategy’s goal to turn the emirate into one of the world’s top 10 metaverse economies by 2030, His Highness said.
Sheikh Hamdan highlighted that Dubai provides established technology companies, emerging players and promising entrepreneurial ventures one of the world’s best environments to incubate innovative ideas and tap new growth opportunities emerging from the waves of digital transformation sweeping the economy.
The meeting was attended by Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications and Managing Director of the World Government Summit Organisation.
Meta, formerly known as Facebook, opened its new regional headquarters in Dubai Internet City in March last year. The new headquarters enables the company to cater to the growing needs of a vast number of people in the region who use the company’s platforms. Meta works with communities, creators, partners, media and governments to enable millions of people in the region using its platforms to create content. From everyday users to large global brands and upcoming entrepreneurs, Meta’s platforms are utilised in a variety of ways in the region.
ALSO READ:
More news from Business
The reported valuation is less than half of the $44 billion that the CEO paid to acquire the social media platform
Gordon E. Moore could be credited for bringing laptop computers to hundreds of millions of people
The economy based on low interest rates could not cope with sudden spike
High yield will ensure strong participation in the company's share sale
Top deal was a Dh500m plot in Palm Jumeirah
The appointment is another step by ADX to boost liquidity
Country participates in G20 sustainable finance working group meeting