Gig Economy In Dubai: Emirates, Amazon, Careem And GEMS Education Team Up To Support Sandbox Initiative

The Dubai gig economy has been given a major boost as leading companies collaborate to develop regulations as part of a sandbox initiative.

Dubai Future Foundation (DFF) has announced that Emirates Airline, Amazon, Careem, and GEMS Education have joined forces under the Gig Economy Sandbox initiative to help develop regulations that enable the development of the gig economy.

The announcement was made during an event in Emirates Towers, attended by Sandbox Dubai partners and officials from local regulatory bodies and government entities.

Dubai gig economy

Sandbox Dubai is an innovative platform dedicated to enhancing Dubai’s legislative and regulatory environment in line with future needs. Under the platform, government and private sector entities collaborate to create regulation and legislation that helps businesses to leverage new trends and technologies.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of the Board of Trustees of Dubai Future Foundation, recently approved the Sandbox Dubai initiative as part of Dubai Economic Agenda (D33).

There are two sandboxes under the initiative:

  • The Gig Economy Sandbox
  • The PropTech Sandbox

Khalifa Al Qama, Executive Director of Sandbox Dubai, emphasised the essential role of private sector partners in developing regulations, testing ideas and piloting projects to make Dubai the most future-ready city.

Al Qama said: “Sandbox Dubai team will work in collaboration with public and private sector partners to explore future opportunities and establish an ecosystem that gives everyone a chance to contribute to shaping the future of Dubai’s key sectors.”

Gig Economy Sandbox aims to develop regulations to meet the needs of sectors that often require seasonal workers, including retail, hospitality, tourism, aviation, education, transport, and logistics.

The work will help these sectors to grow while boosting the competitiveness and future-readiness of Dubai’s labour market.

Gig Economy Sandbox will contribute to sustainable economic growth in Dubai and the UAE, helping to reduce overheads for businesses while promoting greater flexibility for workers.

The global economy has recently seen a significant increase in demand for seasonal employment, with companies and freelancers alike benefitting.

Oliver Grohmann, Executive Vice President Human Resources for Emirates Group, said: “Emirates Group is pleased to support the Gig Economy Sandbox, a key initiative aligned with the objectives of D33 to advance new sectors and develop a future-ready knowledge-based economy.

“We are enthusiastic around the possibilities this new initiative will bring to promote innovation, boost capacity and broaden the talent pool in Dubai, and we stand ready to support with our expertise as this sector’s landscape evolves in size and significance.”

Ronaldo Mouchawar, Vice President of Amazon Middle East, Africa, and Türkiye, said: “We are excited to partner with the Dubai Future Foundation on Sandbox Dubai Initiative, to shape flexible working models and boost Dubai’s digital economy.

“By leveraging Amazon’s global expertise and technology, we aim to pilot programs that create new opportunities for talent, enhance economic productivity, and drive innovative solutions that elevate customer experience.”

Andro Valdes, VP Operations at Careem Technologies, said: “Sandbox Dubai initiative is accelerating the adoption of emerging technologies by connecting public and private sectors to iterate and adapt regulatory practices. The gig economy is an important component of any strong economy, helping to enhance efficiency and create flexible earning opportunities.”

Dino Varkey, Group Chief Executive Officer, GEMS Education, said: “We are delighted and honoured to be partnering with Dubai Future Foundation on its sandbox initiative. It is a prime example of Dubai’s forward-thinking and innovative approach to public-private sector collaboration, promoting economic growth through ever greater flexibility and opportunity, and unlocking human capital in the emirate.”

RECENT NEWS

UAE Secures Over $30bn In Crypto Investments In Just One Year: Report

With a proactive regulatory framework, the UAE presents investors with a balance between innovation and security Read more

DIFC Partners With Lloyds To Boost Future Talent In Insurance Sector

The agreement, which envisages a longstanding partnership, will help support development of a talent pipeline into the ... Read more

Paymob Secures UAE Central Bank License For Retail Payment Services

The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions Read more

Open Banking Fuels GCC Fintech Boom As UAE, Saudi Lead Regional Growth Surge

The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in... Read more

Saudi Arabia Leads Region With 178 Venture Capital Deals Last Year

Saudi venture capital funding is supporting business startups in the Kingdom Read more

UAE Gold Reserves Reach $6.7bn

CBUAE gold reserves surged by 34.8 per cent in the first 10 months of 2024 Read more