Abu Dhabi Chamber of Commerce forms new Board of Directors for Women in Business Council

UAE In-Focus — Dubai Metaverse Strategy aims to create 40,000 jobs; Egis finalizes the acquisition of WME

RIYADH: Dubai’s metaverse strategy aims to create 40,000 virtual jobs over the next five years, with the city aiming to become one of the top 10 metaverse economies in the world.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Chairman of the Executive Council of Dubai and Crown Prince of Dubai, who officially launched the Metaverse strategy, said the Metaverse will shape a new digital future for humanity, the agency reported. WAM press.

“Dubai is emerging as a major contributor to shaping a new global vision for cutting-edge technologies and a pioneer in embracing next-generation digital innovation,” said Sheikh Hamdan.

The Metaverse strategy also aims to attract more than 1000 companies in the important field of blockchain and metaverse.

Virtual reality and augmented reality are the two main enablers of the metaverse, and it has created 6,700 jobs, while contributing $500 million to the UAE’s economy.

Egis finalizes the acquisition of WME

French company Egis has completed the acquisition of Dubai-based engineering consultancy WME, according to a report by MEED.

The deal was originally announced in March and with its completion, WME Managing Director Peyman MoHajjer will lead the new building engineering practice for Egis in the region.

“The integration of WME into the Egis Group opens the door to creating substantial growth opportunities and providing greater benefits to customers in our key markets of the Middle East and India, in line with our global strategy. aimed at strengthening our international presence,” said Laurent Germain, of the Egis Group. CEO.

Alaa AbuSiam, CEO of Egis Middle East, said: “With WME, we are now well placed to help our clients successfully transition to a more efficient and sustainable built environment.

WME is a company known for providing civil, structural, mechanical, electrical, plumbing, audio visual, information technology, security and infrastructure engineering services.

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