Dubai Chamber of Digital Economy has revealed that it attracted 101 innovative digital startups to the emirate during the first nine-months of the year.
The achievement came as part of the chamber’s efforts to enhance Dubai’s digital economy and support the ambitions of the Dubai Economic Agenda (D33).
Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, and Chairman of Dubai Chamber of Digital Economy, emphasised the chamber’s continuing commitment to working to attract leading digital companies and the world’s best tech talent to Dubai.
Digital startups in Dubai
These efforts support the chamber’s ongoing drive to consolidate the emirate’s position as a global digital economy hub, activate the role of the private sector as a key driver of sustainable economic growth, and ensure a favourable business environment that enables emerging digital companies and talent to thrive.
Al Olama said that the chamber is working to establish an integrated ecosystem to attract emerging digital companies and encourage entrepreneurs to establish their businesses in the city.
He added that the chamber is building a prosperous digital economy and accelerating the pace of digital transformation by encouraging entrepreneurship and innovation, supporting startups, scaleups, and SMEs throughout their growth journeys, and connecting businesses with local and international investors.
During the nine-month period between January and September, Dubai Chamber of Digital Economy conducted a total of 24 roadshows and business trips across the Middle East, Africa, Asia, and Europe.
As part of these missions, business meetings were coordinated with 554 companies including multinationals, SMEs, startups, and scaleups.
The meetings created a valuable platform to showcase the huge growth potential in Dubai and highlight the benefits of doing business in the emirate.
Dubai Chamber of Digital Economy launched several impactful programmes and initiatives during Q3 2023 in support of its strategic priorities.
These included the inauguration of the Emirati Training Academy as part of the “Create Apps in Dubai” initiative, which seeks to train more than 1,000 Emiratis on mobile application development and business models to advance the government’s drive to triple the number of app developers in the emirate by 2025.
The initiative aims to support 100 new national projects for the development of cutting-edge apps, which will be made available in digital app stores over the next two years.
Dubai Chamber of Digital Economy also organised a series of workshops dedicated to specific sectors within the digital economy, as well as a special workshop with the participation of more than 20 government entities and departments to discuss the challenges facing the digital industries.
The session explored potential solutions aimed at fostering a thriving ecosystem that creates new opportunities and contributes to the sustainability of the digital economy.
Dubai Chamber of Digital Economy also published two in-depth reports on the startup ecosystem in the digital economy and the city’s venture capital ecosystem.
In addition, the chamber welcomed a delegation of 21 Palestinian startups for the first-ever business matching meeting between the two markets, which resulted in a total of 237 B2B meetings.
The Chamber of Digital Economy is dedicated to positioning the emirate as one of the world’s most diversified technology-enabled digital hubs.
The chamber amplifies the success of Dubai’s digital ecosystem and accelerates the emirate’s transformation into one of the world’s leading digital economies, in line with the goals of the city Economic Agenda (D33).
