Multiverse Labs launches government-backed metaverse city in UAE
Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions. Artificial intelligence ecosystem Multiverse Labs has launched a new metaverse city in the United Arab Emirates (UAE), a move the emirate said could enhance the region’s tourism industry. The metaverse city is backed by the Sharjah Commerce and Tourism Development Authority, or SCTDA, which is the main government agency tasked with promoting the emirate’s tourism industry. SCTDA’s chairman, Khalid Jasim Al Midfa, said the new initiative is intended to transform “the mass market tourism industry towards next-generation, sustainable practices.
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