MENA

Dubai Raised 96% of UAE Based Startups’ Funds Finds Dubai Chamber of Digital Economy

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Dubai Chamber of Digital Economy, one of three chambers under Dubai Chambers, recently published a report outlining plans to drive the emirate’s digital economy ambitions. This is part of its efforts to strengthen Dubai’s digital economy ecosystem and achieve the Dubai Economic Agenda’s goals (D33).

According to the report, the national digital economy will be worth well over $140 billion in 2031, up from nearly $38 billion in 2023. This is due in large part to the region’s startups. The study emphasised the significance of the Dubai Chamber of Digital Economy’s efforts, as well as the collaboration of various stakeholders and digital startups, in firmly positioning Dubai as the world’s next digital economy capital.

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