Latest news with #Belhoul
Gulf Insider
10-06-2025
- Business
- Gulf Insider
Dubai Aims for 30K Gaming Jobs in $200B Global Market
Dubai has flicked the switch on its developing gaming industry as it targets 30,000 new jobs and a $1bn GDP boost from the sector by 2033. The Dubai Programme for Gaming 2033 'DPG33' has announced that Dubai is home to more than 350 gaming companies, with 260 of them categorised as specialised game developers, contributing overall to a global industry valued at $200bn globally. Since the programme's launch in November 2023, more than 60 new companies have been established in Dubai of which 12 per cent are large global companies — marking a growth rate of 16.6 percent since the launch of the programme. The gaming industry has emerged as one of Dubai's most promising economic sectors in recent years. 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).' Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Board of Trustees of DFF, launched the Dubai Programme for Gaming 2033 in November 2023, to position Dubai among the world's top 10 global gaming hubs over the next decade, with 30,000 new jobs and a $1bn 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. Also read: Dubai's Ultra-Luxury Property Market Hits New Heights With $77M Bulgari Lighthouse Penthouse Sales
Mid East Info
10-06-2025
- Business
- Mid East Info
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.
TECHx
09-06-2025
- Business
- TECHx
Dubai Gaming Sector Sees Growth with DPG33
Home » Top stories » Dubai Gaming Sector Sees Growth with DPG33 Dubai has announced strong growth in its gaming sector. The Program for Dubai Gaming 2033 (DPG33), overseen by the Dubai Future Foundation, revealed that the city is now home to over 350 gaming-related companies. Out of these, 260 companies are specialised game developers. This contributes to a global industry valued at USD 200 billion. Since DPG33 launched in November 2023, more than 60 new companies have been established in Dubai. Of these, 12% are large global firms. This marks a growth rate of 16.6% since the program's launch. The gaming industry is emerging as one of Dubai's most promising economic sectors. His Excellency Khalfan Belhoul, CEO of the Dubai Future Foundation, stated that the progress reflects Dubai's future vision. He added that the city's focus is on economic diversification and proactive investment in current and future opportunities. Belhoul noted that the gaming sector offers strong economic potential. He said Dubai remains a land of opportunity for innovators and creators. The sector benefits from a supportive ecosystem for entrepreneurs, especially in advanced technology and game development. DPG33 was launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, in November 2023. It aims to position Dubai among the world's top 10 global gaming hubs by 2033. The program also targets the creation of 30,000 new jobs and a USD 1 billion boost to GDP. DPG33 focuses on: Nurturing talent and entrepreneurship Embracing tech innovation and digital content creation It also creates training and job opportunities through global firms and academic partnerships. The program leads local and international events and fosters collaboration among individuals, businesses, and regulators in Dubai and beyond. The Dubai gaming industry continues to gain momentum, reinforcing its position on the global stage.
Al Etihad
02-06-2025
- Business
- Al Etihad
Dubai Fitness Challenge to take place in November
2 June 2025 13:21 DUBAI (WAM)The organising committee of the Dubai Fitness Challenge (DFC) has announced that its ninth edition will take place from 1st to 30th November, coinciding with the 'Year of the Community'.The committee also unveiled a bold, refreshed brand identity, which celebrates its transformative impact on the city's health and wellbeing. The announcement was made at a special gathering held to thank the government entities, schools, corporate entities, partners, fitness establishments and local communities that have helped make the annual event a resounding Belhoul, Vice Chairman of the Dubai Sports Council and CEO of the Dubai Future Foundation, began the ceremony with gratitude for every individual, organisation, government partner and stakeholder who has helped shape the success of DFC, noting that more than 13 million people have taken part over eight in 2017 by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Executive Council of Dubai, the DFC embodies his vision to transform Dubai into one of the world's most active by this visionary leadership, the initiative's ongoing success supports the objectives of the Dubai Economic Agenda D33, reinforcing the city's position as a global leader in both business and on the impact of DFC, he said, 'With 2025 declared the Year of Community in the UAE, I am confident that this year's edition will once again unite friends, families, and organisations in the shared pursuit of a healthier, more active lifestyle.'Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment, said the Dubai Fitness Challenge has played a key role in encouraging healthier lifestyles and advancing the D33 Agenda's vision of making Dubai the best place to live, work, and visit. He added that the initiative's refreshed brand reflects its dynamic spirit and ongoing impact, as it continues to enhance well-being and strengthen Dubai's global the refreshed brand, the 2025 highlight calendar was revealed, featuring 30 days of free and inclusive fitness events, fitness villages, community hubs, classes, and year's Challenge will feature a brand new flagship event: Dubai Yoga, which will bring the 30-day Challenge to a close with a sunset yoga session on 30th events include the Dubai Ride, presented by DP World on November 2; Dubai Stand-Up Paddle on November 8-9; and Dubai Run, presented by Mai Dubai, on November 2024 edition saw a record-breaking 2,735,158 participants - a 14 percent increase from 2023. Data from 2024 highlights DFC's lasting impact: 18 percent of participants reported improved physical fitness, 15 percent noted enhanced psychological wellbeing, and 14 percent experienced greater self-esteem and reduced anxiety.
Hi Dubai
05-05-2025
- Business
- Hi Dubai
TECOM Group Records 21% Revenue Surge in Q1 2025 as Profit Climbs to AED361 Million
TECOM Group reported a robust start to 2025, with first-quarter revenues climbing 21 percent year-on-year to AED680 million and net profit rising 23 percent to AED361 million, driven by strong operational performance across its portfolio. The company's EBITDA grew by 23 percent to AED540 million, with the EBITDA margin improving to 79 percent. The growth reflects increased demand across its commercial, industrial, and land leasing segments, bolstered by a six percent rise in its customer base, which now exceeds 12,000. CEO Abdulla Belhoul credited the performance to the strength of TECOM's diverse asset base and its alignment with Dubai's push to grow its knowledge-based economy. 'We continue to attract global companies and world-class talent across six strategic sectors,' he said. The quarter also saw significant developments across TECOM's districts. Epson launched an Innovation Centre at Dubai Production City, and Fabtech Engineering at Dubai Industrial City signed a strategic agreement with Groupe M to boost innovation in nuclear and sustainable energy. Dubai Internet City, a key TECOM asset, was found to contribute 65 percent of the emirate's tech sector GDP, according to a study conducted with Accenture. Dubai Science Park welcomed biopharma leader MSD and hosted the region's first Longevity Science Semester Symposium. Dubai Design District cemented its global fashion status by showcasing the Autumn/Winter 2025–26 edition of Dubai Fashion Week. Meanwhile, the third edition of The Good Store initiative brought together over 137,000 professionals for charitable giving during Ramadan and Eid. Belhoul noted that TECOM's performance reinforces its role in shaping Dubai's future economy while delivering long-term value to shareholders. News Source: Emirates News Agency
