
Dubai Gaming Ecosystem Expands Rapidly with 350+ Companies and $1 Billion Economic Target Under ‘Dubai Program for Gaming 2033'
The program is overseen by the Dubai Future Foundation and aims to position Dubai among the top 10 cities globally by 2033
Dubai,June 2025: Overseen by the Dubai Future Foundation, the Dubai Program for Gaming 2033 'DPG33', has announced that Dubai is home to more than 350 companies, with 260 of them categorised as specialised game developers, contributing overall to a global industry valued at USD 200 billion globally.
Since the program's launch in November 2023, more than 60 new companies have been established in Dubai of which 12% are large global companies — marking a growth rate of 16.6% since the launch of the program. The gaming industry has emerged as one of Dubai's most promising economic sectors in recent years.
His Excellency Khalfan Belhoul, CEO of the Dubai Future Foundation, said: 'The recent achievements in the Dubai's gaming industry reflects the success of the city's vision for its future economy — one built on economic diversification and the proactive investment in current and future development opportunities.
Belhoul added: 'The gaming sector holds unprecedented economic potential, and Dubai was — and will remain — a land of opportunity and a destination for innovators and creators. The industry offers a wealth of unprecedented opportunities thanks to the supportive ecosystem for entrepreneurs and innovative ideas in advanced technology sectors, particularly game development, which is a key driver in enhancing Dubai's global competitiveness and in achieving the goals of the Dubai Economic Agenda (D33).'
Dubai Program for Gaming 2033:
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of the Board of Trustees of DFF, launched the Dubai Program for Gaming 2033 in November 2023, with the goal of positioning Dubai among the world's top 10 global gaming hubs over the next decade, with 30,000 new jobs and a $1 billion boost to GDP by 2033.
DPG33 focuses on nurturing talent and entrepreneurship, embracing technological advancements, and fostering digital content development, while creating training and employment opportunities with leading global firms and academic institutions, and leads a variety of local and international events, exhibitions, and partnerships that strengthen collaboration between individuals, businesses, and regulatory bodies in Dubai and beyond.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Tahya Masr
19 hours ago
- Tahya Masr
EFG Hermes Successfully Completes Advisory on USD 500 Million IPO of Specialized Medical Company on the Saudi Exchange
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its advisory on the USD 500 million initial public offering (IPO) of Specialized Medical Company (SMC), one of the leading healthcare providers in the Kingdom of Saudi Arabia, on the Main Market of the Saudi Exchange (Tadawul). This marks EFG Hermes' third IPO in the healthcare space in the past 12 months, further reinforcing its position as a trusted advisor across the region's most dynamic sectors. The company began trading today under the ticker 4019. Specialized Medical Company offered a total of 30% of its total issued share capital through the sale of 75 million ordinary shares at SAR 25 per share, implying a market capitalization of SAR 6,250 million (USD 1,667 million). The orders recorded during the institutional book-building exceeded SAR 121.3 billion, representing a coverage of 64.7x. Karim Meleka, Co-Head of Investment Banking at EFG Hermes , said, 'We are proud to have advised on the IPO of Specialized Medical Company. Despite heightened geopolitical tensions in the region, the offering attracted overwhelming interest from a diverse base of local, regional, and international investors — a clear vote of confidence not only in SMC's fundamentals but also in the resilience of Saudi Arabia's capital markets and the strength of its macroeconomic outlook.' SMC was founded in 1999 and is one of Riyadh's leading multi-specialty private healthcare providers, with a 25-year track record of delivering high-quality, patient-centric medical care. The Company operates two state-of-the-art hospitals in Riyadh with a combined capacity of 578 inpatient beds and 266 outpatient clinics. SMC is strategically expanding into Northern Riyadh, where rapid urban development is creating strong demand for healthcare services. With three additional hospitals, it is expected to capture over 25% of private hospital capacity in the area, establishing a leading position in an underpenetrated region with limited existing healthcare infrastructure – one that is set to become Riyadh's new urban hub. Once operational, the new facilities are expected to more than double the Company's current capacity to approximately 1,276 beds and 770 outpatient clinics . EFG Hermes acted as a Joint Financial Advisor, Joint Bookrunner, and Joint Underwriter on the transaction . EFG Hermes has advised on six IPOs across the region year to date, including landmark transactions on Tadawul, the Abu Dhabi Securities Exchange, the Muscat Stock Exchange, and the Egyptian Exchange, underscoring its regional leadership in equity capital markets .

Mid East Info
19 hours ago
- Mid East Info
The H Dubai Champions Future-Ready Hospitality Through the One Million Prompters Programme - Middle East Business News and Information
To celebrate becoming the first hotel in Dubai to have its entire management team complete the initiative, The H Dubai hosted an award ceremony in partnership with Dubai Future Foundation Dubai, UAE : Located in the pulse of one of the world's most modern cities, The H Dubai champions forward-thinking hospitality built around meaningful guest experiences. As emerging technologies continue to redefine the hotel industry, this dynamic property is evolving in step, having recently become the first hotel in Dubai to have its executive and management team complete the One Million Prompters programme by Dubai Future Foundation. The achievement was marked with a special award ceremony, positioning The H Dubai and its tech-savvy team at the forefront of the next era of tech-driven hospitality. Launched in 2024 under the vision of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of the Board of Trustees of Dubai Future Foundation (DFF), 'One Million Prompters' is an initiative aimed at training one million individuals in AI prompt engineering. As the first and largest of its kind, the programme is divided into four key modules, each designed to equip participants with the critical skills to leverage AI in the modern workplace. On 23rd June , The H Dubai held a celebratory award ceremony to congratulate the 30 executive and management team members who completed the programme, starting with a welcoming speech from General Manager Yassin Mahmoud. The One Million Prompters team were also in attendance to share their remarks on the achievement. Finally, each graduate received their certificate before the ceremony wrapped up with a group photo. Reflecting on this milestone, Yassin Mahmoud, General Manager of The H Dubai, said, 'This achievement is a natural step in our ongoing journey to stay in tune with the world around us and the evolving needs of our guests. From embracing AI to introducing sustainable practices like our biodigester and becoming the first hotel in Dubai to receive the Certified Autism Center designation, we're always looking for ways to grow as a team. We're incredibly proud of everyone who completed the programme, and we're excited to see how this knowledge helps us enhance the way we work while maintaining a personal touch.' As the first hotel in Dubai to have its full management team complete the One Million Prompters programme, The H Dubai sets a new standard for AI adoption in the region's hospitality landscape. By aligning with government initiatives, the property continues to evolve alongside the city and meet the shifting expectations of modern travellers, all while staying true to the personalised, memorable experiences guests have come to know and appreciate. About The H Dubai: Located at Sheikh Zayed Road, The H Dubai is a gateway to the Middle East's most dynamic city. Renowned for its eclectic and vibrant selection of dining and nightlife experiences; the award-winning Santai Spa by Mandara; world-class rooms, suites and residences, a luxury commercial business tower and a diverse events centre –The H Dubai is the ultimate destination for business and leisure.


Mid East Info
a day ago
- Mid East Info
UAE Participates in the 10th Annual Meeting of the Board of Governors of AIIB - Middle East Business News and Information
Dr. Sultan Al Jaber participates in high-level roundtable on the sidelines of AIIB's Board of Governors Meeting, and reaffirms the UAE leadership's commitment to global partnerships and sustainable development goals Beijing June 2025 – H.E. Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and the UAE Governor to the Asian Infrastructure Investment Bank (AIIB), participated in a high-level roundtable held on the sidelines of the Bank's 10th Annual Meeting of the Board of Governors, hosted in Beijing from June 24 to 26, 2025, under the theme 'Connecting for Development, Collaborating for Prosperity.' During the meeting, the Board reviewed key achievements over the past year and explored future initiatives and projects. Participants emphasized the importance of coordinated international efforts to address global economic challenges—particularly those related to climate change—by expanding strategic partnerships, mobilizing concessional finance, and investing in sustainable infrastructure. Dr. Sultan Al Jaber commended AIIB's pioneering achievements and its critical role in financing transformative infrastructure projects across member countries. He noted that the UAE's support for this strategic partnership aligns with the directives of its wise leadership, which prioritizes multilateral cooperation, economic development, and bridge-building among nations. During his meeting with Ms. Zou Jiayi, the new President of AIIB, Dr. Sultan Al Jaber reaffirmed the UAE's continued support for AIIB's efforts to expand its global impact, noting the Bank's success since its establishment in improving living standards in many countries through developmental support and showcasing the importance of multilateral institutions in both development and financing. H.E. Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development and Alternate Governor for the UAE at AIIB, underscored the importance of the strategic partnership between the Fund and the Bank. He emphasized their shared development objectives, which effectively contribute to sustainable economic and social growth in developing nations. He added that AIIB's operational office in Abu Dhabi Global Market has proven to be a successful model for strengthening the Bank's capacity and expanding its operations. Within its first year, the office has helped align investments with the Bank's strategic priorities and enhanced engagement with clients, partners, and stakeholders across the region. It is worth noting that the UAE joined AIIB as a founding member in April 2015 and hosts the Bank's first operational office outside of China, reflecting the UAE's active and leading role in supporting and strengthening multilateral international institutions. Promising Growth and Impact: Over the past decade, AIIB has approved financing exceeding USD 60 billion to support 318 projects. According to its 2024 Annual Report, the Bank recorded exceptional operational growth, approving 51 new projects in 19 member countries, amounting to USD 8.4 billion in financing. AIIB also made significant progress in climate financing, allocating 67% of its total USD 5.6 billion in funding to sustainable projects—exceeding its 2025 target of 50%. Among these initiatives were renewable energy projects with a combined capacity of more than 21 gigawatts, contributing to the annual avoidance of approximately 28 million tons of CO₂ emissions. This decade of success reflects the UAE's forward-looking vision and its dedication to supporting multilateral institutions focused on sustainable development. It also reaffirms the country's strong commitment to international cooperation in addressing global challenges.