Page 139 - Ministry of Economy - December 2017

12/26/2017 Abu Dhabi launches tech innovation platform

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Tuesday 26 December 2017

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Abu Dhabi launches tech Tools
innovation platform
ABU DHABI, 6 days ago
UAE’s Ministry of Economy and the Exchange Rates
Department of Economic Development –
Abu Dhabi have officially launched TIP
platform, a platform that will host a
community of pioneers in technology and Weather Forecast
innovation locally, regionally and globally.

TIP will also have specialized sub-platforms
and will soon launch an award managed by BBC World Service
TIP.

The launch took place during a signing
ceremony attended by Sultan bin Saeed Al Top official at the signing ceremony Ads
Mansouri, Minister of Economy, and Saif
Mohammed Al Hajeri, chairman of Abu Dhabi Department of Economic Development, and was signed by
Mohammed Ahmed bin Abdul Aziz Al Shehhi, undersecretary for Economic Affairs, and Khalifa Bin Salem Al-
Mansouri, undersecretary of the Department of Economic Development – Abu Dhabi.

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.”

Al Hajeri said: “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 programme and award ceremony, and
other related aspects that will expand in time where jointly agreed on. – TradeArabia News Service

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