In partnership between the Ministry of Economy and “Davos” with the aim of shaping the future of emerging projects

The UAE launches the “Markets of Tomorrow” accelerators initiative to stimulate business activities

Abdullah bin Touq during the signing of the agreement in the presence of Mohammed Al Gergawi.

From the source

The UAE government, in partnership with the World Economic Forum, launched the "Tomorrow's Markets" initiative, which aims to develop new business accelerators that contribute to preparing the national economy of the UAE, to embrace business activities that focus on new economic sectors, and enhance its readiness to enter tomorrow's markets, relying on the latest technological means.

The launch of the initiative comes as part of a comprehensive strategic partnership agreement between the Ministry of Economy in the UAE and the Center for the New Economy and Society of the World Economic Forum, which was signed by the Minister of Economy, Abdullah bin Touq Al Marri, and the Executive Director of the World Economic Forum, Sadia Zahidi, in the presence of the Minister of Cabinet Affairs. Muhammad Al Gergawi, Minister of State for Financial Affairs, Muhammad bin Hadi Al Husseini, Minister of State for Foreign Trade, Dr. Thani Al Zeyoudi, Minister of State for Government Development and the Future, Ohoud Al Roumi, Minister of State for Youth Affairs, Shamma Al Mazrouei, Minister of State for Public Education and Advanced Technology, Sarah Al Amiri, and Minister A state for artificial intelligence, digital economy and remote work applications, Omar Al Olama, and Director General of the Prime Minister’s Office, Abdullah Lootah.

This came as part of the work of the World Economic Forum in the Swiss city of Davos, with the participation of more than 2,000 government officials, decision-makers, thinkers and scholars, and elite leaders of the private and academic sectors, to formulate new visions and ideas that enhance the readiness of governments and the private sector to face current and future challenges, and to define courses of action. common for the next stage, and the development of a system of opportunities for a better future.

Abdullah bin Touq Al Marri stressed that “the UAE is entering a new era of sustainable development and progress according to a clear vision and integrated strategies, to provide tools, work mechanisms, and capabilities to incubate business activities based on the concepts and applications of new economies, and to attract and attract emerging companies from regional and international markets, especially those Which focuses on innovation, knowledge and modern technology, and encourages them to move to the UAE, which reflects a new economic model that is being developed based on the pillars of entrepreneurial thought in business, providing solutions, learning opportunities and incentives.”

He said, "The UAE government is intensifying efforts to enhance the country's position as a global center for economy, development and trade, and a capital for the future economy, through the development of knowledge, advanced technology, creativity and innovation. The country has launched many qualitative initiatives in this direction, and has proven its position as a preferred destination for emerging and innovative companies and projects and global leadership.”

He added, "The strategic partnership agreement and the initiative that was launched within the work of the World Economic Forum, reflect the successes and achievements of the UAE over the past years, as it recorded a growth in the economy that reached 3.8% during the past year, and growth is expected to reach 4.2 percent this year." %, according to International Monetary Fund estimates, which makes it the first home for entrepreneurship and distinguished projects.

The "Tomorrow's Markets" initiative focuses on launching new accelerators in the UAE government, allocating them to support new business models in the country, and enhancing the role of startups in the national economy.

Follow our latest local and sports news and the latest political and economic developments via Google news