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 3440 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
Let It Glow
Filorga Launches FLASH-NUDE Collection
Let All Your Photos Be Merry & Bright
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
HP ProBook x360 11 G3 and G4 Education Edition
Chrono 4 Grande Taille - an extra-special timepiece
PopSockets launches a new collection with crystals from Swarovski, the must-have...
30 Years of Ryder Cup Heroes Confirmed for the 30th Edition of the Omega Dubai ...
Maintain Healthy Skin Year Round
Free gold coins at Malabar Gold & Diamonds Festival
American Eagle Is the Go-to Destination for Gifting This Holiday Season'
MIDO Baroncelli Lady Day & Night collection
Golden Mile Galleria's ‘A Cultural Flair' attracts hundreds of art lovers to Pal...
GAZOO Racing Wins Australia Rally at FIA World Rally Championship
Newby Teas Launches Advent Calendar For Christmas 2018
The Interiors Gift Guide with Home and Soul
Tissot Chemin des Tourelles
Growth and inclusivity drive Avaya's channel strategy for 2019
Time For Enchanting Moments
Holiday Handbags | GUESS
BharatMatrimony launches office in Dubai targeting 2 Million Indians
Get Ready for Party Season with Lottie's new make-up hits
Festive Gift Sets from Bubble T
France Attractiveness Scoreboard 2018 Released
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shin...
Five-Star Euro NCAP for Jaguar's Electric I-PACE
Ring in a dazzling festive season at Ibn Battuta Mall
UOWD's quality management expert wins ASQ-UAE Quality Professionals Award
Dubai's Most Magical Festive Market Opens at Dubai Festival City Mall
Chinese Manufacturing Companies to Highlight Trade Opportunities in Middle East
Michael Kors Collection Transeason 2019 Press Presentation
Dubai Customs wins 3 awards from Ideas UK 2018
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
FBMA and 47 Emirati women celebrate UAE National Day
Al Hosn Now Open to the Public
Winter wool Christmas must- haves
New ACH145 Mercedes-Benz Style Cabin Model Highlights First Presence at MEBAA fo...
Voting on UAE Superbrands 2019 Begins
Green Hope's November Advocacy
National Hospital offering special UAE National Day Health Package for AED 47th
It's a Wrap! The Second JLT Restaurant Awards Conclude with a Glitzy Ceremony At...
BMW Group sales increase in October
ICAEW recognises Middle East's best finance professionals
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
No P-ain, No G-ain! Mega Musclemen Return to Dubai
Zayed Book Award Longlist Announced for ‘Young Author' Category (2018 - 2019)
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
Marina Mall sets new world record for Zayed legacy
UAE Innovation Award is now accepting submissions till the 20th December 2018