Page 194 - Ministry of Economy - December 2017

12/26/2017 UAE Ministry of Economy and Abu Dhabi Department of Economic Development announcing the launch of TIP platform in partnership with pu…
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.

Further adding that launching TIP aims to encourage a technology and innovation
community in the UAE and promote establishing small and medium-size companies, and

will be focused on supporting the development of a complete innovation ecosystem.

His Excellency, engineer Mohammed Ahmad bin Abdulzeez Alshihy, the undersecretary of

the Ministry of Economy, emphasized that the our esteemed leadership is focused on
encouraging and supporting technology and innovation pioneers, to support the vision of

the Patent Office; its strategic goals; and its vital role in serving the UAE’s Global
Innovation Index, and place the UAE amongst the most innovative countries worldwide in

the coming years.

Engineer Al Shihy further added that the Ministry of Economy works closely with all local

governments in the country to implement the economic agenda especially in regard to the
accelerators of technology and innovation in order to create a sustainable and diverse

economy based on knowledge and innovation.

Further noting that the Ministry of Economy places great focus on research and

development in the fields of Science, Technology and Innovation as they are considered
key drivers to achieving advanced economic development and social progress for a nation.

Commenting at the launch, His Excellency Khalifa Bin Salem Al-Mansouri, the
undersecretary of The Department of Economic Development – Abu Dhabi said that “This

strategic partnership with the Ministry of Economy, signifies our joint commitment towards
developing and fostering a greater technological and Innovation community in the UAE,

that will nurture the local economy”.

Further adding that “The UAE, and The Government of Abu Dhabi place great emphasis

on the important role that technology and innovation play in supporting the local economy,
and are focused on encouraging and enabling entrepreneurs, innovators and start-up firms

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