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10/29/24, 8:32 AM                                   UAE launches TradeTech Accelerator

        UAE launches TradeTech Accelerator


        ABU DHABI   Fri, 18 Oct 2024


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                                                      Dr Thani Al Zeyoudi

        UAE has formally launched a TradeTech Accelerator, an innovative incubator designed to support startups developing advanced
        technology solutions for use in the trade sector.

        Forming one of the key pillars of the TradeTech Initiative, which was launched by the UAE in collaboration with the World
        Economic Forum (WEF) and the Abu Dhabi Department of Economic Development (ADDED), the Accelerator will help nurture
        enterprises and projects that will contribute to modernise and improve logistics, customs procedures, trade finance and cross-
        border payments.

        Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, launched the Accelerator during WEF’s Annual Meeting of the
        Global Future Councils 2024, which took place between October 15 and 17 in Dubai.

        Inclusive and sustainable
        The event gathered more than 500 representatives of the public and private sectors, academia, and civil society from 80 countries
        to shape a more resilient, inclusive and sustainable future. He also announced that Plug & Play, a globally renowned innovation
        platform with extensive experience in nurturing startups, will be the Accelerator’s official partner, providing mentorship,
        collaboration opportunities, and guidance to the participating companies.

      https://gulfindustryonline.com/ArticleTA/427430                                                               1/2
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