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Dubai Establishes a New Government Agency to Support the UAE's Digital Assets Sector.

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Staff Writer, TLR

Published on July 14, 2023, 17:41:00

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Dubai Digital Assets, Digital Economy, digital Business

The Dubai Digital Assets Business Group was established by the Dubai Chamber of Digital Economy, one of three chambers operating under the Dubai Chambers umbrella (D2A2). The organisation wants to improve the infrastructure for digital businesses, assist the expansion of digital enterprises in Dubai, and strengthen the contribution of the digital asset industry to the economic growth of the UAE and the wider Middle East region.

The new business group's main goals are to assist the interests and expansion of enterprises involved in digital assets, promote the sector in Dubai, increase transparency through market intelligence and data, and promote international cooperation.

The group offers a perfect platform for businesses operating in the digital asset sphere to unite their voices, address market challenges, and align their ambitions, which will accelerate Dubai's digital transformation and realize the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, said Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications.

The chairman of Dubai Digital Assets Business Group (D2A2), Gaurang Desai, said: "We see an opportunity to convert Dubai and the UAE into a regional hub for digital assets. Because of this, it is crucial to cooperate with counterpart organisations all over the world to build a bridge for the digital asset industry's continued integration into the global economy. To help us spread the values of accountability, integrity, and transparency and support the highest professional and ethical standards, we cordially invite all industry experts to join D2A2.

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