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12/26/2017 Ministry of Economy and Abu Dhabi Department of Economic Development Announcing the Launch of TIP Platform | Kuwait Daily News

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Search For News Ministry of Economy and Abu Dhabi Department of Economic Development
Announcing the Launch of TIP Platform

December 19, 2017
The Ministry of Economy and the Department of Economic Development – Abu Dhabi have
Riyadh 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 Bin Salem Al-
Mansouri, undersecretary of the Department of Economic Development – Abu Dhabi, in the
presence of a 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
ADVERTISEMENT 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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