Dubai Chamber of Digital Economy Attracts 101 Startups – Today's News in Dubai's Tech Evolution

15 Dec 2023
Dubai
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In a groundbreaking development, the Dubai Chamber of Digital Economy, a key player under the Dubai Chambers umbrella, has successfully drawn 101 innovative digital startups to the emirate in collaboration with various government entities. This monumental achievement, realized during the nine-month period from Q1 to Q3 2023, is a testament to the chamber's unwavering commitment to fortify Dubai's digital economy and align with the ambitious goals of the Dubai Economic Agenda (D33).

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His Excellency's Vision and Commitment

His Excellency Omar Sultan Al Olama, the Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, and Chairman of Dubai Chamber of Digital Economy, has underscored the chamber's ongoing dedication to attracting top-notch digital companies and global tech talent to Dubai. His Excellency emphasizes that these efforts are pivotal in achieving the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, consolidating Dubai's position as a global digital capital, and activating the private sector as a key driver of sustainable economic growth.

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Establishing an Integrated Ecosystem

His Excellency affirms that the chamber is actively working to establish an integrated ecosystem that attracts emerging digital companies and encourages entrepreneurs to set up businesses in Dubai. This comprehensive approach aims to build a prosperous digital economy by accelerating the pace of digital transformation, supporting startups, scaleups, and SMEs, and fostering connections with local and international investors.

 

International Roadshows: A Global Showcase of Growth Opportunities

During the first three quarters of 2023, the Dubai Chamber of Digital Economy embarked on a significant journey, conducting 24 roadshows and business trips across the Middle East, Africa, Asia, and Europe. These international endeavors facilitated business meetings with 554 companies, spanning multinationals, SMEs, startups, and scaleups, showcasing the immense growth potential and benefits of doing business in Dubai.

 

Q3 2023: Initiatives, Programs, and Collaborations

In Q3 2023, the Dubai Chamber of Digital Economy launched impactful programs and initiatives, including the Emirati Training Academy under the 'Create Apps in Dubai' initiative. This initiative aims to train over 1,000 Emiratis in mobile application development, aligning with the government's goal to triple the number of app developers in the emirate by 2025.

 

Workshops, Reports, and Collaborative Engagements

The chamber organized targeted workshops, including a special session with the participation of over 20 government entities, addressing challenges in the digital industries. Additionally, two comprehensive reports on the startup ecosystem and Dubai's venture capital landscape were published.

 

Palestinian Delegation and Business Matching Meeting

A historic meeting took place with the arrival of 21 Palestinian startups, marking the first-ever business matching meeting between the two markets, resulting in 237 B2B meetings.

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Dedication to Transformation: Dubai's Digital Hub

The Dubai Chamber of Digital Economy remains steadfast in its dedication to position Dubai as one of the world's most diversified technology-enabled digital hubs. The chamber continues to amplify the success of Dubai's digital ecosystem, driving the emirate's transformation into a global digital economy.

 

In conclusion, the Dubai Chamber of Digital Economy's triumph in attracting 101 digital startups stands as a milestone in Dubai's quest for digital excellence. The strategic initiatives, international engagements, and collaborative efforts showcased in this blog reflect Dubai's commitment to fostering innovation, entrepreneurship, and sustainable growth in the digital realm. As Dubai continues to pave the way for a digital future, the Dubai Chamber of Digital Economy remains at the forefront, driving the emirate's ascent to a leading global digital economy.

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