Page 109 - MOE ENGLISH PR REPORT - JUNE 2024

7/1/24, 4:17 PM UAE looks to Silicon Valley tech companies as it aims to boost $38bn investment in US - Arabian Business: Latest News on the Midd…
Dr. Thani held several discussions with stakeholders, leading technology companies, and
local entrepreneurs, during which he sought to identify potential partnerships in high-

priority fields such as artificial intelligence (AI), machine learning, and climate tech.

UAE to strengthen ties with US in tech sector

In his meetings, the minister outlined the UAE’s advanced technology ambitions and

investment-friendly business environment, extending an invitation to US investors, start-
ups, and skilled professionals to explore its expansion opportunities.

Discussions focused on joint projects, research collaboration, and exchanging knowledge
and expertise in cutting-edge disciplines such as AI, data analytics and sustainable
technologies.

Dr. Al Zeyoudi’s visit to the US underlines the UAE’s commitment to securing global

partnerships to accelerate its industrial and technological capabilities, and to further

bolstering the nation’s position as a destination for investment and innovation.

Al Zeyoudi said: “The West Coast of the US is the global epicentre of technology and

innovation, and the UAE has much to gain from closer ties to Silicon Valley’s vibrant

ecosystem. This visit is an important part of our efforts to establish long-standing
partnerships at both the private-sector, public-sector and academic levels to leverage their

knowledge and experience and accelerate the UAE’s technological capabilities.

“Technology is a key pillar of our economic growth and diversification agenda and it’s vital
we can build productive and mutually beneficial relations with the world’s leading

exponents.”

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