HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, stressed the importance of building strategic relationships with global technology companies that represent advanced models of innovation and the use of advanced technology in developing their operations.
"The UAE recognizes the centrality of looking ahead and the importance of adopting emerging technology and the solutions it offers in developing its business models," he said during separate meetings with Apple CEO Tim Cook and Cisco CEO Chuck Robbins in Davos, Switzerland. .
His Highness the Crown Prince of Dubai heads the high-level delegation of the World Economic Forum, which was launched in Davos yesterday and will continue until Friday.
Emirates Model
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, met in Davos yesterday, President of Apple, Tim Cook, during his participation in the 49th World Economic Forum.
The experience of the UAE and Dubai is a model for developing an incubating environment for innovation and technology. It is a magnet for international and emerging companies, and provides them with the opportunity to transform their plans into projects, programs and applications that facilitate people's lives and disseminate inspiring experiences in developing the future of a knowledge-based economy.
He pointed to the importance of the role of international technology companies in developing the future of the digital economy and the use of data in finding solutions to global challenges, stressing the need to enhance trust between society and companies and develop a common platform to support digital innovation and data governance and decision-making.
He pointed out that technology companies are actively contributing to the economic development of the world by providing an environment conducive to digital investments and creating a knowledge economy that benefits governments.
The Crown Prince of Dubai and Cook discussed future cooperation with Apple through joint ventures aimed at benefiting from advanced technology and the development of cyberspace in creating development opportunities for societies and the future of cybersecurity. Developing tools to facilitate their use in the development of various sectors.
Strategic relationships
In the same vein, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, in Davos, Switzerland, met with Cisco CEO, Chuck Robbins.
He stressed the importance of building strategic relationships with international technology companies, which represent advanced models in innovation, and the use of advanced technology in developing their operations, surpassing the economies of many countries.
"The UAE recognizes the centrality of the future, the importance of adopting emerging technology and the solutions it offers in developing its business models and experiences, and our goal is to strengthen our economic and knowledge partnerships and to develop our experience with government agencies and private sector leaders from around the world," he said.
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister of the UAE and Ruler of Dubai, For innovation, an environment conducive to business and attracting the best minds, by providing advanced infrastructure for entrepreneurs and international and emerging companies.
He stressed the keenness of the UAE in general, and Dubai in particular, to cooperate with the pioneers of technology in the private sector, including the company «Cisco» to develop innovations and the development of quality tools to achieve smooth transition to the future.
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum reviewed the prospects for future cooperation with Cisco through a series of joint ventures aimed at employing advanced technology and digital space in all fields.