The numbers inform their very own story. More than 600 corporations have moved to Yas Creative Hub, together with greater than 270 small and medium-sized enterprises and start-ups. Together they make use of greater than 5,000 media professionals on the campus. Once all phases of the event are full, that quantity will swell to a 16,000-strong workforce of expertise from throughout the globe.

Among the businesses quickly to affix the hub are family names resembling French video video games big Ubisoft, Swedish cell expertise agency Ericsson and broadcasters CNN and Vice Media.

To assist draw in additional gaming and e-sports companies from across the area, the US-based software program home Unity Technologies is establishing a regional centre of excellence for gaming, the place native start-ups and college students can study the talents wanted to achieve the business.

Al-Dosari sees gaming and e-sports as a very thrilling phase of the quickly evolving media and leisure panorama, declaring that this a part of the business is rising quicker within the Middle East and North Africa than in some other a part of the world. Global gaming revenues are predicted to surpass $300bn by 2026.

The corporations at Yas Creative Hub will even be tapping into the sturdy improve in demand for high-quality Arabic-language content material, from video games to TV exhibits, movies and comics.

Although there are round 420 million Arabic audio system on the earth, Arabic-language materials accounts for simply 3 per cent of all on-line content material, so the potential is gigantic.

The corporations primarily based on the hub will be capable of make use of purpose-built studios geared up with cutting-edge expertise that permits world-class broadcast high quality.

Alongside these sector-leading amenities, the campus can also be being designed to encourage networking and collaboration, with a Community Hub that can have devoted open-plan areas the place folks can work together. The thought is that such amenities will foster extra creativity amongst corporations and people.

The Yas Island campus is designed by award-winning native agency MZ Architects and can characteristic landscaped parks, cafes and eating places, well being and wellness amenities, an out of doors amphitheatre and open rooftop terraces. All of that is inside strolling distance of waterfront eating at Yas Bay, in addition to close by points of interest Ferrari World, a Formula 1 race monitor, the world’s largest indoor theme park Warner Bros World Abu Dhabi, indoor journey hub CLYMB Abu Dhabi, and the 18,000-capacity Etihad Arena.

For corporations coming in from abroad, the UAE is proving itself to be an ever-more welcoming place. It is positioned sixteenth within the World Bank’s most up-to-date Ease of Doing Business rankings, greater than some other nation within the area and above Germany and Canada. The capital of the UAE can also be the cultural coronary heart of the nation and is residence to greater than 200 nationalities, which is not any shock given 80 per cent of the world is inside an eight-hour flight.

The Abu Dhabi authorities has additionally been making it simpler for media employees and firms to arrange within the emirate. Twofour54 helps entrepreneurs and traders to use for five-year visa or ten-year “golden visas”. With 0 per cent company and revenue tax, 100 per cent enterprise possession, and registration and licence charges waived for the primary two years, Abu Dhabi is attracting corporations from throughout the globe.

However, the enterprise help on provide to corporations in Yas Creative Hub goes past visa functions and best-in-class amenities. The coronavirus pandemic has thrown up quite a few challenges for media corporations and their workers and twofour54 is providing further help.

The pandemic has additionally seen a surge in demand for digital companies that’s unlikely to decelerate, and Yas Creative Hub is properly positioned to profit from that upward pattern. 

Click here for more information about the way to arrange in Abu Dhabi’s Yas Creative Hub as a part of twofour54.

The advantages provided by twofour54 at Yas Creative Hub:

• A 270,000 sq m sustainable growth with versatile workspaces for corporations of all sizes
• Networking and collaboration alternatives with 600+ companions on campus, together with greater than 270 SMEs and start-ups, and 16,000+ professionals
• 6,500 sq m of world-class manufacturing amenities, together with six purpose-built studios
• Landscaped campus with parks, cafes and eating places, well being and wellness amenities and an out of doors amphitheatre
• Comprehensive enterprise help together with expertise growth and subsidies
• Visas tailor-made for entrepreneurs, traders and freelance employees
• 0 per cent company and revenue tax
• 100 per cent overseas possession.

[See also: Online Safety Bill explainer: what are the latest updates?]