The 1 Billion Followers Summit is being held across three venues in Dubai. Antonie Robertson / The National
The 1 Billion Followers Summit is being held across three venues in Dubai. Antonie Robertson / The National
The 1 Billion Followers Summit is being held across three venues in Dubai. Antonie Robertson / The National
The 1 Billion Followers Summit is being held across three venues in Dubai. Antonie Robertson / The National

UAE launches content creator hub to attract 10,000 influencers


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1 Billion Followers Summit live: AboFlah on the pressure to speak about Middle East conflicts

The UAE on Sunday launched the Creators HQ, a major initiative aimed at attracting 10,000 influencers to the Emirates, harnessing the next generation of talent and supporting its plans to build a “comprehensive content economy”.

The ambitious vision for the future was unveiled on the second day of the 1 Billion Followers Summit in Dubai, which has brought together thousands of social media figures from around the globe who are helping to shape the future of a burgeoning industry.

The Creators HQ will serve to “empower creators, amplify their impact, and establish sustainable frameworks for the booming creator economy,” the UAE Government Media Office said following the announcement of the hub at Emirates Towers.

It was established with 100 members drawn from 20 countries, including some of the world's leading content creators as well as those championing the rise of the sector.

The initiative has been endorsed by many of the world’s most prominent names in the field of written or visual content, including Meta, TikTok, X, Spotter, Creator Now, Tube Filter, Epidemic Sound and the New Media Academy.

“Today we spearhead major efforts dedicated to building a comprehensive content economy that further establishes the UAE’s leadership in a field that has become a key driver of the future,” said Mohammad Al Gergawi, Minister of Cabinet Affairs.

Summit explores the business of content creation

How to manage your time for content creation and how to monetise your work were some of the lead discussions that kicked of the day with insights from industry leaders.

Noor Naim, an Iraqi-American entrepreneur and content creator who goes by the name Noor Stars to her fans, said that the region has offered her plenty for creating entertaining content which has allowed her to earn a living.

“You can make a lot of money from social media,” said the YouTuber with more than 21 million subscribers.

She said that it is possible for aspiring creators to follow their dreams of doing what they love, but that they should also realise it is not a one-person job and can be taxing if not done correctly.

Without support, “you're going to burn out faster” she said during a panel titled From Passion to Career: YouTube as The Driving Force Behind The Creator Economy.

The role of AI

Another key topic of discussion at the 1 Billion Followers Summit was the transformative role of artificial intelligence in content creation.

Yemeni molecular biologist and content creator Hashem Al Ghaili told The National that generative AI has revolutionised his work.

Mr Al Ghaili uses the technology in almost every step of content creation, from brainstorming to generating images, videos and sound, he said.

He added that AI also helps with writing. “It writes content in my own tone and voice,” he said.

Mr Al Ghaili also mentioned using AI to generate music. It is necessary because “it allows me to avoid copyright problems with stock music”, he said.

When questioned about who deserves credit for his videos, given that technology plays a significant role in their creation, he emphasised that he remains the creative force behind the work. “You’re the mind behind it,” he said.

He added that content creators should set boundaries when using AI, particularly when it involves producing fully AI-generated content and presenting it as genuine.

“Like those who create deep fakes, who use impersonations and create deep fake voices of people who they don't have the right to create voices for,” he said.

Hassan AboFlah Suleiman told The National that he incorporates AI extensively in his content creation.

He added that if this is how advanced the technology is now, he can’t imagine how it will be in 10 years. Mr Suleiman, just like Mr Al Ghaili, uses AI to brainstorm and write his scripts for him.

Meanwhile, Ali Jaber, MBC TV's group director, highlighted his concern about the type of content coming out from the Middle East and North Africa.

“There is a difference between content producing the Arab world and of course, content produced say in Hollywood,” he told The National.

“In principle Hollywood is far more advanced than us in the technique of storytelling,” and this is in part due to the pressures of political developments in the Middle East on a daily basis.

“Wars in Palestine, Lebanon and Syria have affected a lot content creation because Syria in particular and Lebanon have been centres for content creation for a long time and these centres have gone now,” he explained.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Roll of honour 2019-2020

Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain

West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership

UAE Premiership
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Runners up: Dubai Hurricanes

UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II

UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby

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Sector: Entertainment/Streaming Video On Demand

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Updated: January 13, 2025, 7:40 AM