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Al Ula gets a hot air balloon in the Metaverse
The Royal Commission for Al Ula’s (RCU) recent debut in the world of the Metaverse invited visitors to discover and explore a to-scale and completely immersive 3D model of Hegra’s Tomb of Lihyan, Son of Kuza – the first UNESCO World Heritage site in the exciting, and globally accessible, digital realm. Now, RCU has gone one […]
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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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UN affiliated forum on the metaverse held in Saudi Arabia
The first UN International Telecommunication Union (ITU) forum on the metaverse opens in Riyadh on Tuesday, March 7. The forum is expected to promote global dialogue by providing a global platform to explore challenges and promising opportunities, strengthen its standards and organisation, and create a safe and prosperous environment for its services. The three-day event is organised by the […]
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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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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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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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KSA doubles down on the metaverse
Saudi Arabia is “doubling down” on talent in the country’s industrial metaverse, the Kingdom’s Communications Minister Abdullah Alswaha said during the WEF at Davos on Thursday. “We’re doubling down on talent and technology in the industrial metaverse,” the minister said on the panel that looked how the metaverse – a digital reality that puts physical and virtual experiences […]
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Saudi Arabia and the WEF launch innovation accelerator
Saudi Arabia and the World Economic Forum (WEF) signed on Tuesday a Letter of Intent (LoI) to establish a new accelerator program to help ignite innovation in Saudi Arabia. A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting. Foreign Minister Prince […]
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Saudi princess sees NFTs as the next medium of creative expression
On Monday night a panel discussion took place at the 2022 Jeddah Book Fair entitled “Technology, Imagination and the Marketing Game: Future Alliances: NFTs / Web3 / Metaverse.” While the crypto sphere continues to blur the lines between the virtual and physical worlds, Princess Reem Al-Faisal agreed that these technologies, the Web3 ecosystem, nonfungible tokens […]
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Metaverse to add $7.6 bn to Saudi economy by 2030
The potential contribution of the metaverse to Saudi Arabia’s economy could be around $7.6 billion annually by 2030, as the Kingdom steadily diversifies its economy in line with its goals outlined in Vision 2030, according to a new analysis. Released by Strategy& Middle East, a part of the PwC network, the report noted that […]
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