Sharjah 24 – WAM: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, Sunday opened Expand North Star 2023, the world’s largest exhibition and conference for startups.
Organised by Dubai Chamber of Digital Economy (DCDE), one of three chambers operating under the umbrella of the Dubai Chamber, the event is being held from 15th to 18th October at the Dubai Harbour.
Speaking on the occasion, Sheikh Maktoum said the organisation of Expand North Star 2023 reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to transform Dubai into one of the world’s leading digital economies, bolster its competitiveness across the global market and boost the digital economy’s contribution to the emirate’s economy.
“We firmly believe in the potential of our national talent to fuel the growth of the digital economy and enhance Dubai's position as a leading global hub for digital innovation, all while contributing to the development of innovative technology and AI-based solutions,” Sheikh Maktoum said.
“With the digital economy constituting a crucial pillar of the Dubai Economic Agenda (D33), this event aligns with our commitment to create new economic value through digital transformation, with an anticipated annual value of AED100 billion. This endeavour consolidates Dubai's standing as a global hub for the digital economy and a significant player in the global digital landscape,” Sheikh Maktoum further stated.
Expand North Star 2023 has attracted participation from over 1,800 startups representing more than 100 countries, along with the presence of over 1,000 investors collectively managing assets totalling over $1 trillion.