UAE Ministry of Economy Announces Metaverse Headquarters

United Arab Emirates (UAE) has announced that it is preparing a virtual metaverse headquarters for its Ministry of Economy.

The metaverse building will be the third address where the UAE Ministry of Economy resides, apart from the two physical ones in Abu Dhabi and Dubai. It will feature several floors, each one dedicated to a specific purpose. Visitors will be guided by a headquarters employee, who will join the metaverse after a visitor takes a ticket on the premises.

One of the floors will feature meeting rooms and an auditorium where conferences will be held. And the virtual headquarters will also save people time, as they’ll be able to sign legal documents directly in the metaverse.

This piece of news is part of Dubai’s ongoing initiative to adopt the metaverse. Its government is looking to create 40,000 jobs in the virtual space by 2030, as well as increase the number of blockchain firms operating in the country by five times.