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Saudi based company, FalconViz develops their Metaverse to aid multiple industries
Before digital twins and even drone-based photogrammetry were known by the public, FalconViz has been developing the tools of the future. To that extent, at the BIM and Digital Twins Exhibition 2023 in Riyadh, the company announced the launch of the FalconViz Metaverse which aims to launch the company into the new age of digitization. […]
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Saudi Arabia’s new city NEOM will be designed on the metaverse
NEOM is a city that will be built near the Red Sea. It is a new city that will be redefine what a ‘city’ looks like. With its futuristic design to the revolutionary ideas behind every aspect of the city it will truly be one of a kind. NEOM is being shaped in the metaverse. […]
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The Metaverse takes the spotlight at the MWC 2023 in Barcelona
Conference organizer, the GSMA’s, program pitched attendees into a smorgasbord of metaverse-themed discussions — most of which seemed designed to generate maximum FOMO, as a parade of tech evangelists took to the stage in Spain, armed with a new generation of acronyms and luridly colored slide-decks, urging the audience not to sweat the detail of […]
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PWC expects the Metaverse to bring $15 Billion to the GCC economy by 2030
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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Mitsubishi, Fujitsu and Other Tech Firms to Create ‘Japan Metaverse Economic Zone’
Several major Japanese technology, manufacturing and finance firms are teaming up to create the infrastructure for an open metaverse in order to propel the nation’s Web3 strategy forward. IT services company Fujitsu said Monday in a press release that it’s collaborating with nine other companies, including automobile manufacturer Mitsubishi and global bank Mizuho, to create an interoperable […]
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Saudi Aramco signs agreement with droppGroup to build Web3 tech
Saudi Arabian Oil Group (Saudi Aramco), the near $2 trillion state-owned energy company, has signed a memorandum of understanding (MoU) with droppGroup to explore co-developing a range of Web3 technologies, according to a press release shared with CoinDesk. The Web3 (the third generation of the internet driven by blockchain technology) applications will be aimed at […]
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Meta launches the Metaverse Academy in the MENA region
Meta Platforms, the parent company of Facebook, has launched the Middle East and North Africa region’s first metaverse academy in Saudi Arabia, as it aims to accelerate the development of the emerging technology. The academy, which will be based in Riyadh and start on May 1, focuses on shaping the metaverse ecosystem by providing training to a […]
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Saudi Arabia’s LEAP Conference drew great interest in the Metaverse and Web3
At the 2023 LEAP Conference that took place in Riyadh, Saudi Arabia last week we saw tech companies showcase their innovation that were focused on the Web3, Metaverse, AI, VR, and Mixed AR. Mastercard, Amazon, Google, Microsoft, and Oculus to name a few all allowed attendees to test out their new technology. There were several […]
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Exploring the arts through VR and immersive technology at Ithra, Saudi Arabia
Artists, authors and gamers gathered at the King Abdulaziz Centre for World Culture, more commonly known as Ithra, which launched its third Creative Solutions initiative this month. The programme is designed to empower talent and contribute to Saudi Arabia’s growing creative economy, which is largely dominated by its youth. Creative Solutions focuses on digital content creation to build […]
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