Dubai Digital Economy supports 1,210 startups in 2024

Dubai Chamber of Digital Economy, one of the three rooms operating under the umbrella of Dubai Chamber Dubai is an attractive destination for business leaders and startups specialized in all digital sectors.

The Chamber stated, in a statement yesterday, that it worked, during the past year, to train 1333 Emiratis on the basics of programming and develop mobile phone applications, with a growth of 170% compared to 2023, within the framework of the “Applied in Dubai” initiative, to train and rehabilitate 1,000 citizens, To support digital skills in the UAE, double the number of applications in Dubai by three times by 2025, and support 100 new national projects to develop mobile phone applications.

The Minister of State for Artificial Intelligence, Digital Economy and Labor Applications stressed the distance of the Chairman of the Board of Directors of the Dubai Chamber of Digital Economy, Omar Sultan Al -Ulama, that the distinguished results achieved by the Chamber reflect the visions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, May God bless him, establishing the position of Dubai, the global capital of the digital economy, and the follow -up and directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defense.

Omar Sultan Al -Ulama said that the Dubai Chamber of Digital Economy is committed to ensuring sustainable growth of the digital economy sectors, expanding its promising horizons and opportunities, by enhancing the infrastructure and regulatory structure of the business system that stimulates the prosperity of companies specialized in future technology, in order to support efforts to advance Dubai’s competitiveness and its digital economy.

February 2024 witnessed the honoring of the winners of the “Applications Competition” with its four award categories, which are organized by the Dubai Chamber of Digital Economy within the “Plate in Dubai” initiative, where the competition attracted more than 1,100 requests to participate.

During the past year, the Chamber organized 20 rounds in the global markets to review the success stories of Dubai and its advanced digital business environment, and the success story of «Xpandle North Star» the largest event in the world for startups and investors.

«Expand North Star 2024», which was hosted by the Dubai Chamber of Digital Economy, organized by the Dubai World Trade Center last October, witnessed unprecedented participation and significant success with a noticeable increase in the number of visitors and participants and the quality of the innovations offered, and the rise in the number of participating countries, drawing more than 1,800 startups And more than 1,200 investors from 100 countries, with total assets run by investors exceeding one trillion dollars, and the exhibition also witnessed the participation of 65 billion unicorn companies, whose market value exceeds 400 billion dollars.