Dubai Culture and E-commerce free zone Dubai CommerCity has partnered up to encourage the growth of the creative sector of Dubai and strengthen the city’s attractiveness as a worldwide hub for the creative economy.
Both entities will jointly provide services to launch new businesses in selected creative economy sectors and support their long-term growth in CommerCity of Dubai, as per a statement on Sunday, August 7.
These services involve applying for a long-term cultural via, which is a 10-year residency provided to creative individuals.
The selected creative and cultural sectors covered in the agreement to work in Dubai CommerCity include music, photography, fine arts, film and video production, fashion design, video game development, graphic design, interior and landscape design, product design, architectural services, advertising services, IT and software services.
The director general of Dubai Culture, Hala Badri, stated that they recognise the positive effect of a partnership between private and public organisations and through such cooperation, they aim to increase the cultural sector in Dubai and vigorously empower its creative economy.
He further added that through this collaboration with Dubai CommerCity, they strive to consolidate their efforts to support cultural and creative talents and businesses in Dubai.
In 2021, Dubai disclosed its Creative Economy Strategy, which strives to double the creative industries’ contribution to the city’s GDP to 5%, raise the number of Dubai-based innovation enterprises to 15,000 as well as provide 140,000 jobs in different creative economies sectors by the end of 2026.
The creative economy of Dubai was ranked first regionally and second in the world in luring foreign direct investment projects last year, as per a report by the government.
The emirate lured 233 innovative economy projects in 2021, beating New York, Berlin and Singapore, revealed the Dubai FDI Monitor report, released by the Dubai Investment Development Agency, which is an agency of the Department of Economy and Tourism.