Page 329 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/29/24, 8:32 AM UAE launches TradeTech Accelerator in nurturing startups
Tim Stekkinger, Head, TradeTech Global Initiative, World Economic Forum,

remarked that, “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.”

On partnering with the TradeTech Accelerator, Saeed Amidi, Founder & CEO at

Plug and Play, said that, “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. The

launch of the Accelerator follows the publication of the first TradeTech Report and

the gathering of the first TradeTech Forum, which was held alongside the 13th

Ministerial Conference of the World Tarde Organization in Abu Dhabi in February

2024.

The Annual Meeting of the Global Future Councils 2024 is being hosted by the

UAE. The meeting features 30 thematic councils focused on future opportunities

across five key areas including technology and AI, climate and environment,

governance, economy and finance, and society. The event brings together a

diverse group of leaders, thinkers, and innovators from around the world to share

their insights and visions for the future.

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