GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Two parties sign MoU to help promote trade, identify joint initiatives, and promote research and innovation

Dubai, United Arab Emirates - 15 June 2019:  Dubai Maritime Cluster Office (DMCO) of Dubai Maritime City Authority (DMCA) has joined forces with the Irish Maritime Development Office (IMDO) to further boost the maritime collaboration between the two as both work towards strengthening their respective maritime industries by building a smart, vibrant, and sustainable maritime platform of cooperation for maritime operations and businesses.

The cooperation is the latest in a string of strategic partnerships of DMCA with international maritime bodies and organizations as part of its bid to create a reliable and vibrant maritime community capable of driving Dubai's economic development and sustainability in line with the objectives of Dubai Plan 2021. 

Under the MoU, DMCO and IMDO will jointly promote trade across global infrastructure and maritime spectrum as well as identify mutually beneficial initiatives in key maritime areas. Both parties agreed as well to work together on open innovation-based initiatives and programs. Additionally, they will jointly embark on promotional and networking efforts during local and international trade events, conferences, and events to facilitate new cooperation between organizations, promote increased trade, enhanced connectivity, and present their respective competitive edge and advantages. 

Other critical areas covered by their latest cooperation include mutual referral of business opportunities in each party's fields of specialties; research activities establishing the socio-economic benefits of a sustainable maritime industry at the national and international levels; identification of reciprocal investment opportunities for Irish and Dubai maritime companies; knowledge sharing and exchange of best practices and expertise.  

Liam Lacey, Director of the Irish Maritime Development Office, said: “The IMDO welcomes the opportunity to work with the DMCA and looks forward to cooperating and collaborating with the DMCA to the benefit of both our maritime economies.”

Amer Ali, Executive Director, DMCA, said: “Our strategic collaboration with IMDO is an opportunity for us at DMCA and Dubai Maritime Cluster Office to further foster innovation and research in Dubai's maritime community as well as continuously implement enhanced global best maritime practices.” The MoU is also expected to pave the way for the cultivation of stronger relationships between DMCA and Irish maritime companies and other relevant bodies. It will also be an opportunity for Irish companies to explore ways to better position themselves to work with DMCA and DP World as well as learn more about the Authority's functions and its upcoming projects that will help open up new forms of international coordination.

“Through this collaboration, Dubai will benefit from Ireland's vibrant knowledge and innovation economy as well as world-class business eco-system, particularly in emerging sectors such as deep tech, artificial intelligence, big data, and blockchain. Our ties will help accelerate our efforts to build a vibrant and safe maritime environment and will be instrumental in enhancing Dubai's position as a leading center of maritime sectors worldwide. Our cooperation is especially relevant as Ireland bids to become an International Shipping Services Centre (ISSC), a major urban regeneration scheme with appropriate commercial, residential, and cultural amenities, which, if realized, can brought forth immense benefits to Dubai and the UAE,” Ali said.  

He added: “Conversely, the country will have a strategic advantage of learning about the intricacies and uniqueness of the maritime sector in Dubai and the UAE, providing them access to substantial local growth opportunities, fueled by national initiatives in accordance with Dubai Vision 2021. Recognized for its reliability, inclusiveness, and leadership, Dubai is the center of maritime excellence at the local, regional, and global levels as it continues to attract investors from different parts of the world.”



Posted by : GoDubai Editorial Team
Viewed 5428 times
Posted on : Saturday, June 15, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Sharjah Chamber Concludes its Participation in the World Chamber Congress in Brazil
Next Story : Jafza to Offer Long Term Visa Services to Customers
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
HONOR MagicBook Series is Perfect for Fashion Forward, Design Conscious Individu...
Vatika Launches Natural Hair Food, an Effective Solution for Dry Hair
Omega Announces Its Role as the Official Timekeeper of the 36th America's Cup
Foreo Reveals 5 Ways to De-Stress Your Skin
DTTAG New Executive Committee to Manage Post Covid 19 Return to Normalcy of Travel
The Best Omega Sunglasses For a Long-Awaited Summer
Emirates Post Unveils Modern New Website and Look
Innovating to Fight COVID-19: Four Ways Drones are Contributing
FEM Collaborates with Arab Comedian Maya Acra to Address the Taboo Around the To...
Ethical JLT Salon THT is Supporting those whose Jobs have been affected during ...
Blue Ocean for Islamic Finance Industry
Karl Lagereld Drives Digital Innovation With Launch of the “Maison Karl Lagerfe...
Commodity Weekly: Crude Oil Frets Geopolitics, Sluggish Demand Bounce
Ericsson's USA 5G Factory: Staffed by Professionals – Trained by VR
Sony Middle East & Africa Introduces New Digital Camera ZV-1, designed for Vlogg...
Airline Debt to Balloon by 28%
Al Tayer Motors and Premier Motors Honour UAE's COVID-19 Frontline Heroes
Sony Middle East and Africa and Gearbox team up to offer rental services of late...
80th Anniversary of Maserati's Targa Florio Victory Maserati Tests an Mc20 Proto...
Urgent Implementation of ICAO COVID-19 Guidelines Needed
ATM Virtual to Focus on Potential Chinese Outbound Travel Market
Tips for Keeping Your Smartphone Clean
Twentieth “World Milk Day” Sees NFPC Innovate With New Products That Meet Changi...
Lincoln Aviator Presidential Takes on Bumps and Dips, Turning Every Trip into a ...
WTTC Launches Safe Travels Protocols for Aviation, Airports, MICE and Tour Operators
Danube Group Chairman Files Case With Dubai Police Against Scam Star for Faking ...
Telenor, Sony and Ericsson Team to Develop Smart IoT Healthcare Devices
Parmigiani Fleurier Toric Fleur
Kingston Technology Ships 7.68TB Capacity for Industry-Leading High-Performance ...
Al-Futtaim Technologies Implements Genesys Remote Working Solutions to Ensure Bu...
GEMS Innovation Awards 2020 Recognise Young Innovators after Virtual Showdown
Former UNWTO Secretary-General to speak at ATM Virtual
Al Majid Motors Announces the Arrival of All-New Kia K5 Fastback Sedan in the UAE
Glaucoma: Symptoms and Treatment
Ras Al Khaimah Government Launches Integrated Stimulus Package to Support the Em...
SEHA Develops Cutting Edge Self-sterilization System for Ambulances
SCCI, SIB Hold Virtual Meeting to Discuss Banking Sector Trends to Face the Curr...
The Legend Continues: Xiaomi Unveils Redmi Note 9 Pro and Redmi Note 9
DGW holds meeting to review updated strategic plan aimed at supporting national ...
Dubai Culture Welcomes More Than 2,300 Students in Virtual Guided Tours at Etiha...
How Do You Rely on Your Smartphone in the UAE During the New Normal?
Understanding COVID-19's Impact on the Transport Industry
Debut Arabian Travel Market Virtual Event gets Underway Tomorrow
LG Joins Hedera Governing Council to Accelerate Innovation and Adoption of Publi...
Maserati Commemorates the American Victories of the 8CTF at the Indianapolis 500
Al Ruwad Real Estate Appoints Alaa Masoud as General Manager of Sales and Marketing
ADEK's Rize University Preparation and Career Guidance Program Goes Virtual
Salvatore Ferragamo Launches New Eyewear Styles Inspired by the Iconic Vara Bow
Renault of Arabian Automobiles presents exceptional offer on DOKKER
The Ultimate At-Home Facial