Dubai innovation ‘key to survival,’ says TECOM SVP
Arabian Business, 06 February 2023
Dubai’s goal of becoming a global hub for technology is going to be essential for the emirate to stay on top, Majed Al Suwaidi, Senior Vice President – Dubai Media City, Dubai Studio City, Dubai Production City told Arabian Business in an exclusive interview.
“Innovation is the key to survival, even for a disruptive sector like streaming … Dubai’s ambition to become a global metaverse hub creates a space for homegrown streaming brands and international counterparts to leverage Dubai’s extensive tech and media ecosystems to create truly personalised and interactive content,” Al Suwaidi said.
In addition, by attracting even more companies and talent in the metaverse sector to Dubai, “related industries like streaming, social, and gaming can jump well ahead of the curve,” he said.
The emirate has already begun offering the “necessary infrastructure, framework and talent” for film and television productions, Al Suwaidi explained.
“Dubai Film and TV Commission offers production houses a streamlined process to obtain permits and secure locations, from landmark destinations to private venues and fully equipped sound stages at Dubai Studio City, part of TECOM Group. Beyond logistical ease, Dubai is a modern and cosmopolitan city that caters to various tastes and aspirations,” he said.
“As Dubai continues raising its profile for tourism and living, I am certain more producers will want to set their stories here – especially considering the breadth of events, activities and cultures coming together in the UAE.”
Dubai: The regional creative hub
The emirate has already established itself as a “regional hub for the creative economy,” boasting a “global” impact, Al Suwaidi said.
“We attract leading creative companies with one of the world’s most progressive business frameworks. High quality of life and enhanced visa categories further draw and retain skilled creative talent who drive entrepreneurship and create culture at a grassroots level. Our leadership’s commitment to the creative economy is clearly outlined, and we are committed to playing a vital part in achieving it,” he said.
Success has also followed as the emirate’s authorities have linked its media clusters together under a greater business ecosystem.
“Dubai Media City, Dubai Studio City and Dubai Production all fall under TECOM Group’s umbrella, which we share with Dubai Design District (d3) and Dubai Internet City. As part of this portfolio, we really have the opportunity to drive the creative economy conversation and expand its impact across sectors,” Al Suwaidi explained.
