Page 108 - Ministry of Economy

Page 108 - Ministry of Economy - December 2017

P. 108

12/26/2017 Ministry of Economy and Abu Dhabi Department of Economic Development Announcing the Launch of TIP Platform | UAE Business Review
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Ministry of Economy and Abu Dhabi Department of Economic Development

Announcing the Launch of TIP Platform
ABU DHABI, United Arab Emirates, December 19, 2017
The Ministry of Economy and the Department of Economic Development – Abu Dhabi have officially launched TIP
platform, A platform that will host a community of pioneers in technology and innovation locally, regionally and globally.
TIP will also have specialized sub-platforms and will soon launch an award managed by TIP.
The launch took place during a signing ceremony attended by HE Eng. Sultan bin Saeed Al Mansouri, Minister of
Economy, and HE Saif Mohammed Al Hajeri, Chairman of Abu Dhabi Department of Economic Development, and was
signed by HE Eng. Mohammed Ahmed bin Abdul Aziz Al Shehhi, undersecretary for Economic Affairs, and HE Khalifa Click to enable Adobe
Bin Salem Al-Mansouri, undersecretary of the Department of Economic Development – Abu Dhabi, in the presence of a Flash Player
number of senior officials from both sides.
HE Eng. Sultan bin Saeed Al Mansouri said, the Ministry of Economy and the Department of Economic Development – Abu Dhabi sets key priorities
around economic diversification and sustainable development, and as a key focus aim build and develop an integrated economic system that
interacts with targeted sectors locally and internationally, further developing capacities in the fields of technology and innovation.
Commenting on this strategic initiative, his Excellency Saif Mohammed Al Hajeri, Chairman of the Department of Economic Development – Abu
Dhabi said that “The Department of Economic Development Abu Dhabi is committed to supporting the country’s strategic economic initiatives aimed
at building an integrated economic system, and we are especially focused on leading Abu Dhabi’s economic agenda to further enhance its GDP
through a knowledge-based economy, with a key focus on technology and innovation as a catalyst for future economic growth.
The agreement between the Ministry of Economy and the Department of Economic Development – Abu Dhabi, will see both parties work closely
together to achieve outlined objectives and build a dedicated platform for technology innovation pioneers, which will include specialized sub-
platforms, such as a platform to fund emerging projects, another to highlight challenges and constraints facing economic sectors and government
organisations in the field of innovation and technology; in addition to a platform to attract inventors and emerging companies both locally and
internationally, as well as the TIP awards program and award ceremony, and other related aspects that will expand in time where jointly agreed on.
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