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10/28/24, 4:31 PM UAE launches TradeTech Accelerator - Middle East Business News and Information - mid-east.info
modernize and improve logistics, customs procedures, trade finance and cross-border payments.

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His Excellency Dr Thani launched the Accelerator during WEF’s Annual Meeting of the Global Future Councils 2024,

which took place between October 15-17 in Dubai. 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.

During his remarks, HE Dr Thani also called for applications to the Accelerator, which is now open to submissions from

companies developing solutions that utilize artificial intelligence (AI) – which is the focus of the second year of the
TradeTech Initiative. It is hoped the first cohort will graduate from the Accelerator in March 2025.

His Excellency said: “The TradeTech Initiative underlines the UAE’s leadership on global trade issues. By driving
innovation and promoting the integration of advanced technologies, including AI, into supply chains, we can envision a
more efficient, more robust and more accessible global trading system. The TradeTech Accelerator is an essential part of

these efforts, supporting the development of the ideas and enterprises that will enhance processes right the way along the

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