DUBAI is hosting a world economic summit in the metaverse this week.

The United Arab Emirates has taken a prime position on the world stage in recent months thanks to hosting Expo 2020, an exhibition to showcase global innovation.

Delayed due to Covid, the 182 day event aims to celebrate the future, sustainability, and opportunity.

And the delay due to the pandemic has given the chance for new tech to become a part of the world collaboration.

Back in 2020, the metaverse was a term very few has heard of.

But the growth in interest in the digital space has led to virtual worlds playing a key role in the global gathering.

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This week, Dubai is hosting the Investopia Investment Summit in the metaverse.

It is thought to be the first world-wide economic forum to take place in virtual reality.

As well as key meetings taking place in the digital space, a metaverse press conference is also planned.

The UAE’s economy minister, Abdulla bin Touq Al Marri, said: “It is great to see Investopia Summit in the metaverse, and to host the first economic press conference through this virtual world.

“Investopia’s vision is about the future economies, so launching the Summit in the metaverse comes in line with this context, which enriches the Investopia’s discussions about the technological developments in the world and their impact on economies and investments.”

It takes place on March 29-30.

Investopia will see more than 4,000 participants, including government officials and experts in their fields.

In total there will be 110 sessions.

The summit will include workshops on topics central to Expo 2020 including environmental sustainability and improving female participation.

Ahead of the event, Al Marri, said: “Investopia Summit will also shed light on the quick developments in the world regarding the cryptocurrency market, which encouraged banks to invest in the next generation of financial technology.”

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