UAE Ministry of Economy opens up new headquarters in the Metaverse

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The Ministry of Economy of the United Arab Emirates (UAE) has announced a new headquarters where anyone in the world can visit – the Metaverse.

According to Gulf News, the announcement was done on September 28 by UAE Minister of Economy Abdulla bin Touq Al Marri during the Dubai Metaverse Assembly, with the minister stating “this is not a proof of concept, this is our third address” before giving a live tour of the virtual headquarters.

The headquarters will have a multi-story building, each serving a different purpose. Visitors will be able to pick up a ticket that will prompt a “customer happiness employee” to join the Metaverse and interact with the visitor.

Footage from the Dubai Metaverse Assembly. Source: Gulf News

The new headquarters will complement the ministry’s two existing offices in Abu Dhabi and Dubai, allowing the ministry to make digital services a bigger part of its operations following directives to do so from UAE leadership.

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Visitors to the virtual headquarters will be able to sign legally binding documents, which eliminates the need for signatories to visit one of their physical locations to provide their signatures.

The headquarters also contains an auditorium that can facilitate virtual conferences and other events and meeting rooms that allow users to share a screen.

The announcement follows the Dubai government’s Metaverse strategy unveiled on July 18, which aims to create a virtual 40,000 jobs by 2030 and support the government’s vision to increase the number of blockchain companies to five times the current number.