Domain Days 2023 opens its doors

Inayat-ur-Rahman, Business Editor

The domain industry event in the Middle East & North Africa (MENA) Domain Days conference opened its door in Dubai on Wednesday, the 2 days leading event brings together 35 local and global speakers, 190 professional attendees and 35 companies, to discuss the latest trends in the industry and gain insights into the MENA region, including the newest topics around the industry, mainly the rise of Web 3.0 domains that are gaining traction worldwide and are dupped the future of the internet. Finally, the event focuses on the importance of the Mena region as a new hub for domains & hosting companies.

Dr Marwan Alzarouni, Strategic Advisor & CEO, Dubai Department of Economy and Tourism & Dubai Blockchain Center, in his keynote speech said: “Dubai had a portfolio of physical goods and services that are now being digitalized and growing the digital economy. The system of online jobs, assets, marketplaces, and traders which has emerged across a range of online platforms, among those people, some earn and spend real money through online marketplaces on virtual assets and virtual labor, This economic activity – taking place in virtual environments, based on the trade in virtual marketplaces of virtual assets and virtual labor, but with real monetary value – is the virtual digital economy”.

Munir Badr is Founder and CEO of AEserver, and organiser of the Domain Days conference told Gulf Today that they are hosting the event for the first time in region, adding that the main idea behind Domain Days is to attract experts and thought leaders from the world in order to explore new businesses and ideas.

“There is room for diversity in business models and registry structure, liberalizing policies, making domain names more accessible and lowering fees, as well as make them more transparent and linear which can drive growth, but a sustained approach is needed. Establishing a strong circle of trust with all local and possibly international stakeholders is of paramount importance for TLD operators. Enhancing registry automation and opening to international registrars is essential to ensure long-term growth, and international registrars can intensify local competition, lowering retail prices and improving uptake.” Badr added.