Page 361 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

Dr. Al Zeyoudi stated: “The UAE recognises that trade is undergoing a complete transformation,
driven by new technologies, automation, and digital innovation. It is vital we empower
entrepreneurs and startups to develop cutting -edge solutions that enable smarter, faster, and
more inclusive global trade — while establishing the regulatory frameworks and interoperable
systems needed to deploy them. Through the TradeTech Initiative, launched in partnership with the
World Economic Forum, we are accelerating these efforts, including the establishment of the
TradeTech Accelerator and a Regulatory Sandbox. Their success can unlock new opportunities for
commerce across the world..”
He continued: “The TradeTech Accelerator, developed in collaboration with Plug and Play, is already
yielding results. From a pool of 1,500 top-tier startups worldwide, we have identified 14 high-
potential ventures pioneering AI-driven logistics, blockchain-powered trade finance, and digital
supply-chain optimization. Their agility and creativity will not only enhance supply chains but also
reaffirm the strength of the UAE’s innovation ecosystem.”
The summit included a series of fireside chats and panel discussions, bringing together leading
figures from technology, investment, and trade to explore AI’s evolving role in entrepreneurship.
Discussions covered a wide range of topics, from fintech trends and blockchain to the
transformative impact of AI on industries and its role in augmenting human capabilities.

https://www.msn.com/en-ae/news/other/plug-and-play-middle-east-summit-uae-minister-
champions-role-of-technology-in-trade/ar-AA1ytudM