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PWC expects the Metaverse to bring $15 Billion to the GCC economy by 2030
Faiza
The metaverse is attracting substantial investment. The total value of the metaverse is expected to come close to $800 billion worldwide by 2024, and GCC countries are already active participants. In July 2022, Dubai formally launched its metaverse strategy, with the aim of Dubai becoming a leading metaverse economy. Dubai’s new metaverse strategy is designed…
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Metaverse to add $360bn to MENA’s GDP over the next decade
Metaverse is predicted to add $360 billion to the economy in the Middle East, North Africa and Turkey over the next 10 years, an official for Meta, the parent company of Facebook, told Asharq Business. The metaverse is an online world where users can play games, work, and study. Globally, the metaverse is expected to add $3 trillion…
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Metaverse for Islamic Meta Economy
The idea of metaverse now is understood in multiple ways. There are attempts at creating virtual worlds where the transfer of value for the users is bi-directional, from digital to physical and physical to digital. There are platforms with purely virtual goods and services being transacted against fiat money. There are platforms with physical goods…
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