Page 323 - MOE ENGLISH PR REPORT - OCTOBER 2024
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10/29/24, 8:32 AM UAE announces TradeTech incubator as it supports logistics, AI and finance startups - Arabian Business: Latest News on the Midd…
“By enabling startups to unlock the potential of advanced and emerging technologies, the
TradeTech Accelerator Program is paving the way to develop innovative solutions that will
shape the future of trade and enhance its role in sustainable development”.
Tim Stekkinger, Head, TradeTech Global Initiative, World Economic Forum: “Startups are
leading a new era of trade innovation, using technology to break down barriers across
logistics, finance, and more. By working alongside corporates and regulators, they are
crucial in addressing today’s most pressing trade challenges.”
Saeed Amidi, Founder and CEO at Plug and Play, said: “We are excited to launch the
TradeTech Accelerator Program in partnership with the Ministry of Economy of the UAE, the
Abu Dhabi Department of Economic Development, and the World Economic Forum.
“This program will play a vital role in supporting the growth of innovative startups shaping
the future of trade and creating more efficient, secure, and sustainable trade globally.”
Since the launch of the Global TradeTech Initiative in Davos in 2023, the UAE has continued
to lead efforts to create a modern, digitally-enabled trading system.
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