Iceland Tourism's new campaign mimics Mark Zuckerberg's Metaverse to introduce the Icelandverse. Photo: Yeo Khee /Unsplash
Iceland Tourism's new campaign mimics Mark Zuckerberg's Metaverse to introduce the Icelandverse. Photo: Yeo Khee /Unsplash
Iceland Tourism's new campaign mimics Mark Zuckerberg's Metaverse to introduce the Icelandverse. Photo: Yeo Khee /Unsplash
Iceland Tourism's new campaign mimics Mark Zuckerberg's Metaverse to introduce the Icelandverse. Photo: Yeo Khee /Unsplash

'The Icelandverse': Mark Zuckerberg’s Metaverse mimicked in Iceland’s new tourism video


Hayley Skirka
  • English
  • Arabic

Known for its endless wilderness, geothermal lagoons and rugged beauty, Iceland also has something of a reputation for its quirky sense of humour. And the nation’s tourism board is making use of that in a new campaign that introduces people to "The Icelandverse" in a spoof take on Mark Zuckerberg’s Metaverse.

In the Iceland Tourism video, viewers are welcomed by a black sweater-wearing host called Zack Mossbergsson who says: “Today, I want to talk about a revolutionary approach on how to connect our world without being super weird.”

Following Zuckerberg’s often robotic-like public speaking skills, Mossbergsson directs viewers to look at a pristine snow-covered landscape visible in the window behind him and asks, “What do we call this not so new chapter in human connectivity? The Icelandverse.”

“Enhanced actual reality without silly-looking headsets,” he says.

The campaign video continues to mimic Zuckerberg and some of his peculiar traits such as not being able to open the door, which supposedly references the Facebook billionaire waiting for people to open doors for him; and overdoing it on sunscreen as he dips in a geothermal pool where he meets “a human”.

Iceland Tourism's new video says the Icelandverse has 'horses you can ride with hair you can touch'. Unsplash / Redcharlie
Iceland Tourism's new video says the Icelandverse has 'horses you can ride with hair you can touch'. Unsplash / Redcharlie

Showcasing many of the country’s incredible landscapes and rushing waterfalls, the advert’s takeaway message is how great "The Icelandverse" is, mostly because it’s a real destination with “water that is wet” and “horses you can ride, with hair you can touch.”

Facebook rebranded as Meta in October in an effort to focus attention on the social media giant’s $50 million digital space, the Metaverse.

And while the country's new tourism campaign is a comical take on Zuckerberg's news, it’s also a way for Iceland to boost its tourism numbers now that Covid-19 related travel restrictions are easing and the world’s vaccination rates are ramping up.

The country had about two million visitors in 2019 before the global pandemic hit. This year, it is on track to meet its greatly reduced target of 700,000 tourists, a figure that's already been boosted thanks to Iceland being one of the first destinations to reopen its borders to vaccinated travellers from most countries.

Iceland is famed for its endless wilderness, glaciers, geysers and aurora borealis. Photo: Visit Iceland
Iceland is famed for its endless wilderness, glaciers, geysers and aurora borealis. Photo: Visit Iceland

Lonely Planet recently named the country’s Westfjords as the number one region to visit in 2022. The travel publication's experts lauded the far northern region’s “coast-hugging roads … quaint villages, spectacular landscapes, epic Icelandic history and an abundance of wildlife”.

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

GROUPS AND FIXTURES

Group A
UAE, Italy, Japan, Spain

Group B
Egypt, Iran, Mexico, Russia

Tuesday
4.15pm
: Italy v Japan
5.30pm: Spain v UAE
6.45pm: Egypt v Russia
8pm: Iran v Mexico

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Racecard

7pm: Abu Dhabi - Conditions (PA) Dh 80,000 (Dirt) 1,600m

7.30pm: Dubai - Maiden (TB) Dh82,500 (D) 1,400m

8pm: Sharjah - Maiden (TB) Dh82,500 (D) 1,600m

8.30pm: Ajman - Handicap (TB) Dh82,500 (D) 2,200m

9pm: Umm Al Quwain - The Entisar - Listed (TB) Dh132,500 (D) 2,000m

9.30pm: Ras Al Khaimah - Rated Conditions (TB) Dh95,000 (D) 1,600m

10pm: Fujairah - Handicap (TB) Dh87,500 (D) 1,200m

UAE currency: the story behind the money in your pockets

Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Results

2pm: Serve U – Maiden (TB) Dh60,000 (Dirt) 1,400m; Winner: Violent Justice, Pat Dobbs (jockey), Doug Watson (trainer)

2.30pm: Al Shafar Investment – Conditions (TB) Dh100,000 (D) 1,400m; Winner: Desert Wisdom, Bernardo Pinheiro, Ahmed Al Shemaili

3pm: Commercial Bank of Dubai – Handicap (TB) Dh68,000 (D) 1,200m; Winner: Fawaareq, Sam Hitchcott, Doug Watson

3.30pm: Shadwell – Rated Conditions (TB) Dh100,000 (D) 1,600m; Winner: Down On Da Bayou, Xavier Ziani, Salem bin Ghadayer

4pm: Dubai Real Estate Centre – Maiden (TB) Dh60,000 (D) 1,600m; Winner: Rakeez, Patrick Cosgrave, Bhupat Seemar

4.30pm: Al Redha Insurance Brokers – Handicap (TB) Dh78,000 (D) 1,800m; Winner: Capla Crusader, Bernardo Pinheiro, Rashed Bouresly

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.”

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Updated: February 17, 2022, 11:30 AM