China’s National Innovation Center par Excellence (NICE) and Dubai Future Foundation (DFF) have signed an MoU to explore areas of collaboration to drive tech adoption and innovation.
This strategic initiative aims to bolster Dubai’s global leadership in industrial innovation, attract investments and enhance private sector participation in research and development. It will provide essential research infrastructure for future industrial clusters, generating new growth opportunities in a knowledge-based, technology-driven economy and positioning Dubai as a leading epicenter for research, development, and innovation.
Under the MoU, the two parties will explore avenues for cooperation in knowledge transfer, attracting and empowering talent, retaining competencies and facilitating mutual market access.
Dr. Qing Liu, Director of NICE, said: “Dubai and the UAE are in a prime position to become a global hub for innovation, by partnering with Dubai Future Foundation, we can fully harness the research and development sector’s potential in Dubai, contributing to significant productivity growth and long-term positive economic transformation regionally and globally.”
Abdulaziz AlJaziri, Deputy CEO, DFF, said: “Our collaboration with NICE marks a significant step in shaping the future of innovation. This program not only highlights our commitment to cultivating an ecosystem that empowers talent and drives research but also positions Dubai as a pivotal player on the global stage for research and development. By unlocking new streams for growth, we will redefine what’s possible in a rapidly evolving economy.”
