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 >> Banking and Investments


H.E. Engr. Sultan bin Saeed Al Mansoori, UAE Minister of Economy, successfully launched a new guide entitled, ‘The Innovative Guide for Companies in the UAE,' which was done by the Ministry of Economy in cooperation with the National Research Council (CNR) – Research Institute on the Sustainable economic growth. The new guide was developed and released in line with the set goals and objectives of the UAE Vision 2021.

The new guide, which is being released in both English and Arabic versions, highlights the Ministry's role in the implementation of the UAE National Innovation Strategy. The launch was also held as part of the Ministry's celebration of the UAE Innovation Month 2018. The guide is considered one of the Ministry's initiatives towards innovation that was presented to the National Committee for Science, Technology and Innovation (NCSTI) issued by the UAE Cabinet and was considered among the National initiatives as an implementation of the National Innovation Strategy.

The launch was held at Dusit Thani Hotel in Abu Dhabi in the presence of H.E. Eng. Mohammed Bin Abdul Aziz Al Shehhi, Undersecretary of Economic Affairs at the Ministry of Economy; H.E. Abdullah Bin Ahmed Al Saleh, Ministry's Undersecretary Foreign Trade Affairs; Humaid Mohamed Bin Salem, Secretary General of the Federation of UAE Chambers of Commerce and Industry, along with a number of officials from the Ministry, and federal and local authorities, as well as a group of local entrepreneurs and representatives from the private sector.

“The UAE has positioned itself as an important center for entrepreneurship and innovation--widely attributed to a conducive legislative investment environment based on best international standards. This has also resulted in the establishment of highly specialized institutions and an enhanced understanding of the important role of innovation, which has become part of the country's core economic policies and an essential part in the move to transform into a knowledge economy as led by distinguished Nationals” said H.E. Al Mansoori.

H.E Al Mansoori pointed out that the Ministry of Economy is publishing this guide as part of its pivotal role in the efforts to support the private sector and contribute in the promotion of a culture of innovation at the level of the state and in cooperation with all strategic partners at the federal and local levels, particularly including the Departments of Economic Development and the Chambers of Commerce and Industry—all seamlessly working together to encourage companies in the UAE coming from all industry verticals to take advantage of this newly released guide in their efforts to enhance the competitiveness of the UAE economy.

He explained that the guide covers key topics like the scientific and practical aspects in terms of the definition of innovation and its types; the importance of innovation in the economies of developed countries; the success of companies and the role of social media in developing the innovation of companies and the achievement of quality focused successes. The guide also includes extensive case studies of success stories, challenges and difficulties faced by companies on innovation and how to overcome them. He conveyed his appreciation and thanks to the Italian government, represented by the Ministry of Development for its cooperation in this endeavor, which falls in line with the framework of a Memorandum of Understanding (MoU) signed by the two ministries.

In his speech at the launch, H.E. Humaid bin Mohammed bin Salem, Secretary General of the Federation of UAE Chambers of Commerce and Industry, pointed out that the UAE's private sector remains a strong strategic partner of the public sector in helping achieve the goals and objectives of UAE Vision 2021. H.E. the Secretary General said that the launch of the innovation guide represents a strong communication bridge between the Ministry of Economy and all the companies operating in the UAE—reflecting the strategic move towards innovation, which has become the core of the country's economic policies and the move to achieve a competitive knowledge-based economy.

Posted by : GoDubai Editorial Team
Viewed 2312 times
Posted on : Wednesday, February 21, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Central Bank Hosts first meeting of the new Higher Shari'a Authority
Next Story : USD 16 million global investment will help drive the growth of co-working in Middle East, says Servc...
Email this article Print this article

Share this article with your friends and followers


Back to Top  
Most Viewed Press Release posted in the last 7 days
Global brands with lowest cost at Karama Ware house sale from this Thursday
Glam's Makeup Launches in the Middle East
Review: Facial with Dr Renaud's range at Nazih
Glasshouse Collection from Olivia Burton
CFB T3 000 Manufacture Movement Pioneering Peripheral Technology
CALVIN KLEIN WOMEN: The first CALVIN KLEIN fragrance developed under the vision...
Mr. Burberry Indigo Eau De Toilette
Hour Choice presents Coach New York Collection
Prevention, Not Cure: Kaya's ‘Hair Strength Therapies' Set to Rid the Gulf of it...
Tommy Hilfiger Iconic Sport collection
Matthew Fitzpatrick Wins the 2018 Omega European Masters
Executive Tourbillon Free Wheel
Introducing New Make-up From Rodial That You Need In Your Kit
Australia's Number No.1 Natural Skincare Brand* Partners With Jessica Kahawaty
Rado reimagines a bold 1960s classic for the 21st Century
Scuderia Ferrari presents Fall winter collection
Kate Spade New York Presents Debut Collection From Creative Director Nicola Gla...
Introducing VK Beauty Lounge & Bar
Alina Anwar Couture Launches in UAE
Tata Communications Strengthens Cyber Defence in the Middle East with the Launch...
Introducing Home Fragrance at Robinsons, Dubai Festival City
Rolls-Royce Motor Cars Takes the Luxury of Privacy to a New Level
Facebook Launches Community Help on Facebook Lite
British Classics Make a Comeback in Jack Wills AW18 Collections
Dubai Culture Organises ‘Writing Literature Novels and Editing them as Play Scri...
Bring a Touch of Sophistication to Your Home with The Exclusive SmegXDolce&Gabba...
Up Your Health and Lifestyle Game with the Huawei TalkBand B5
Roberto Cavalli's Exclusive Duo of Fragrances
du and Holidays by flydubai partnership takes flight to bring great experiences ...
‘Unseen Potential' - Art from Scrap and Discarded Parts
CNN's Inside the Middle East explores the region's evolving photography scene
Ferrari World Abu Dhabi invites guests to enjoy the spectacular Friends & Family...
New Google Search feature launches for job-seekers in Arab world
Majid Al Futtaim and UNICEF Partner to Help Send 1 Million Children to School by 2020
Honda voted “Preferred Sedan Car Brand of the Year” for the fourth year in a row
Audi headed for the future with Formula E and DTM
Defying Age With Skin Republic's Gold and Platinum Face Masks
Al-Futtaim Toyota's Upgrade campaign brings back the hottest car deals
Sheikh Zayed, the First Falconer and Nature Protector
NARS Erdem SS19 Beauty Report
Your skin needs more than just sunscreen
PAN Emirates bedroom festival with discount up to 70%
Al-Futtaim Toyota swoops another win at the Filipino Times Awards
UHOA goes live with #YouBeUganda at Expo 2018
Lacoste.12.12 Collection
Trevor Sorbie Range Relaunches in the UAE
William Collection by Hugo Boss
Mousses Etoiles to reveal the latest luxury designs of commercial-use outdoor fu...
Diana Arno Expands Online Shopping to Middle East
Why the Modern-Day Oil and Gas Industry Needs Millennials to Survive?