Dubai: New government group to strengthen digital asset industry and support the growth of digital companies in Dubai.
10 August 2022, 12:00 AM
31 August 2022, 12:00 AM
Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, has announced the formation of the Dubai Digital Assets Business Group (D2A2).
This aims to strengthen the digital asset industry’s role in the economic development of the UAE and the wider Middle East region, enhance digital business infrastructure and support the growth of digital companies in Dubai.
Among the key objectives of the new business group are: promoting the digital asset industry in Dubai, boost transparency through market intelligence and data, support the interests and growth of digital asset companies and foster cross-border cooperation.
Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Chairman of Dubai Chamber of Digital Economy, emphasized the formation of D2A2 as a strategic move aligned with Dubai Chamber of Digital Economy’s strategy, which aims to fast track the growth of Dubai’s digital economy.
Al Olama said that the digital economy is the economy of the future on which the pillars of the development process are based, and the D2A2 will be an important reference providing strategic and up-to-date market research data related to the digital asset sector to industry stakeholders, the private sector, policymakers and government entities.