Page 38 - Ministry of Economy - December 2017

12/26/2017 Ministry of Economy heads 6th meeting of Global Innovation Index Executive team

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Ministry of Economy heads 6th meeting of Global Innovation Index Back to Section Home
Executive team
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The Executive Team of the Global Innovation Index operating under the UAE National Agenda has held its Nikai Group Sponsors a
sixth meeting at the Ministry of Economy’s Dubai HQ. The session was led by H.E. Abdullah Sultan Al Fan Al classroom at the Rashid
Shams, head of the team, in the presence of elite representatives from federal and local entities that are Centre for the Top Sections
members of the team. Determined Ones and
Assistiv... Lifestyle
The group discussed the latest updates to the Global Innovation Index and available development Fashion
opportunities. They also reviewed the work methodology for the next phase which will focus on formulating The Department of
policies supporting an environment of innovation and the sustainability of the country's competitiveness in Health – Abu Dhabi Technology
this regard to help advance the national target of becoming among the top 10 countries in the world by 2021. (DoH) in partnership with Automobile
the Ministry of Economy
The meeting emphasized the need to speed up several processes, namely those related to the collection of and... Food Industry
expenditure data on education and scientific research in academic institutions and the private sector as well Real Estate & Retail
as data on foreign direct investments (FDI) within the country. The growth of the UAE’s imports and exports Abu Dhabi University,
due to advanced technology and the contribution of technology to the state’s total foreign trade was also Emirates Islamic Explore Travel & Tourism
discussed to complete related initiatives and plans. Opportunities to Support Banking & Investments
Students in Obtain...
H.E. Alshamsi said that the Executive Team is currently more focused on the policy aspect than the Education & Training
monitoring and data collection process. This is to keep abreast of international developments and to enhance Ministry of Climate Government, Legal & Charity
the competitiveness of the country regionally and globally in such a way that ensures the achievement of Change and
advanced levels on the Global Innovation Index to serve the directions of the country. Environment Launches Healthcare & Medicine
UAE Green Jobs
He added that there are many initiatives and steps that have been developed recently to establish an Program Entertainment and Kids
incubating environment for innovation and creativity. He noted that these efforts mostly focus on small- and Energy
medium-sized enterprises (SMEs) and newly established innovative companies. Among the most notable are Sheikh Sultan bin Events & Exhibitions
the Ministry of Economy’s efforts to collaborate with concerned entities that have members on the Global Ahmed Al Qasimi Hails
Innovation Index Executive Team to advance the ‘Young Innovative Companies’ initiative. Decision of HH Ruler of Home,Furniture and Interiors
Sharjah Shipping and Logistic
The initiative provides support for fast-tracking the establishment of new innovative businesses and enabling
them to commence work as soon as possible. It also encourages creative university students to transform His Excellency Dr Thani Others
their ideas into marketable commercial projects by providing them with financing facilities and helping them bin Ahmed Al Zeyoudi Latest Postings
with procedures for registering patents, licenses, trademarks and other aspects involved in establishing and Inaugurates ‘My
doing business. Environment, My
National Resp...
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