Page 44 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

Press Release

H.E.’s meeting with H.E. Jan Kavalírek, Czech Deputy Minister of Industry and Trade, focused on
enhancing cooperation to support emerging economy sectors and developing programs that
stimulate entrepreneurship, particularly in innovation and advanced technology. Her Excellency
highlighted the Czech Republic’s pioneering experience in building innovation systems and
supporting SMEs, emphasizing the UAE’s eagerness to exchange expertise and develop practical
initiatives aimed at improving the business environment and fostering startup growth.

The ministers also explored opportunities for collaboration in the green economy and smart
industrial transformation, as well as new avenues in artificial intelligence and technology-driven
entrepreneurial activities.

Enhanced cooperation in innovation, entrepreneurship & digital economy with the
European Union

During her meeting with Andreas Schwarz, representative of the European Commissioner for
Startups, Research and Innovation, Her Excellency affirmed that the UAE continues to develop a
competitive business environment capable of attracting high-quality investments and stimulating
innovation. Most notably, the UAE topped the Global Entrepreneurship Index for the fourth
consecutive year.

Her Excellency added: “We look forward to building strategic partnerships with the European
Union to enhance investment in advanced technology and artificial intelligence, expand
cooperation in scientific research, and develop policies and legislation that support the digital
economy to foster the entrepreneurial environment. We are also keen to promote exchange of best
practices in these fields.”

MoU between Ministry of Economy and UBQT

Her Excellency Alia Al Mazrouei witnessed the signing of an MoU between the UAE Ministry of
Economy and UBQT, which took place on the sidelines of GITEX Europe. The agreement seeks
to harness modern technology to strengthen the entrepreneurship ecosystem and improve
communication between entrepreneurs and investors by creating specialized digital platforms that
expand professional networks both locally and globally.

Under this partnership, UBQT will create dedicated communities within its app for all Ministry of
Economy initiatives. The innovative platform will also enhance real-time communication among
community members during official events, bilateral meetings, and travel within the UAE and
internationally, offering smart, personalized suggestions and notifications about upcoming
meetings. With the Ministry of Economy organizing global events, UBQT's technology will help
ensure that entrepreneurs and professionals remain directly connected.

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