Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Specialized sessions on Metaverse opportunities held in Dubai

The first day of the Dubai Metaverse Assembly also included live demonstrations in web 3.0. (WAM)
  • The first day's sessions discussed methods of an economically viable, inclusive and safe metaverse, focusing on governance, and economic and social value creation.
  • The first day of the Dubai Metaverse Assembly also included live demonstrations in web 3.0 and the metaverse introduced by SIAPartners.

Dubai, UAE – Experts and officials from top global technology firms took part in the first of a two-day series of specialized sessions, on the side lines of Dubai Metaverse Assembly.

The series aims to seek contributions from stakeholders towards tapping the potential applications of metaverse.

The Assembly’s first day witnessed seven side sessions including a group meeting by the World Economic Forum on value creation in the metaverse.

It discussed methods of an economically viable, inclusive and safe metaverse, focusing on two core areas: governance, and economic and social value creation.

Accenture organized a side session at Coders HQ, titled ‘Accelerating Value Creation in the Metaverse’.

The session focused on metaverse and web 3.0 applications for enterprises.

It also outlined use cases and explored delivering excellent employee experience as well as harnessing virtual worlds for better customer experience.

Adel Al Redha, Chief Operating Officer at Emirates Airline, delivered a keynote as part of the ‘Aviation in the Metaverse’ side session held by Emirates Airline.

His speech was followed by panel discussions on interoperability and reality gradient.

Themes included realism of avatars, AR and VR, regulation, and the role of standards.

META and Economist Impact held another session titled ‘Road to the Metaverse: Innovating Governance’ at the Government Accelerators.

The session explored metaverse’s impact on governments and public service delivery.

Also, Outlier Ventures organized a side session on ‘Taking the Leap from Web2 into the Metaverse’ at Coders HQ.

It witnessed a panel of diverse founders, operators, and investors who explored ways to succeed in the metaverse.

The first day of the Dubai Metaverse Assembly also included live demonstrations in web 3.0 and the metaverse introduced by SIAPartners,

The demonstrations reviewed immersive experience and use cases showing the huge potential of the metaverse and its applications.

Dubai Metaverse Assembly is being held on 28th-29th September, scheduled to host over 500 delegates and more than 40 metaverse and AI firms.

The Museum of the Future and AREA 2071, Emirates Towers will host the Assembly.