Page 363 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/28/24, 4:33 PM Thani Al Zeyoudi Launches TradeTech Accelerator In Dubai
Tim Stekkinger from the WEF and Saeed Amidi from Plug & Play expressed their excitement about the
program’s potential to drive innovation in global trade.

Doubts Revealed

Thani Al Zeyoudi -: Thani Al Zeyoudi is a government official in the United Arab Emirates (UAE). He is the
Minister of State for Foreign Trade, which means he helps manage the country’s trade with other nations.

TradeTech Accelerator -: The TradeTech Accelerator is a program designed to help new companies, called
startups, in the trade sector. It provides support and resources to help these companies grow and improve trade
processes using technology.

Dubai -: Dubai is a city in the United Arab Emirates, known for its modern architecture and as a major business
hub in the Middle East.

World Economic Forum -: The World Economic Forum is an international organization that brings together
leaders from different countries to discuss and solve global issues. They work on projects to improve the world
economy.

Abu Dhabi’s Department of Economic Development -: This is a government department in Abu Dhabi,
another city in the UAE. It focuses on improving the economy and supporting businesses in the region.

Plug & Play -: Plug & Play is a company that helps startups grow by providing them with resources,
mentorship, and connections to other businesses. They partner with programs like the TradeTech Accelerator to
support innovation.

AI solutions -: AI solutions refer to using artificial intelligence, which is a type of technology that allows
computers to think and learn like humans, to solve problems and improve processes.

Cohort -: A cohort is a group of people who are part of a program or study at the same time. In this context, it
refers to the group of startups participating in the TradeTech Accelerator program.

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