Dubai – The Dubai Future Foundation (DFF) has signed a Memorandum of Understanding (MoU) with China’s National Innovation Center par Excellence (NICE) to explore collaborative opportunities aimed at driving technology adoption and innovation. This strategic initiative is designed to enhance Dubai’s global leadership in industrial innovation, attract investments, and boost private sector involvement in research and development.
The MoU, signed by Abdulaziz AlJaziri, Deputy CEO of Dubai Future Foundation, and Dr. Qing Liu, Director of NICE, took place during the SuperBridge Summit 2024 in Dubai. It aims to establish essential research infrastructure for future industrial clusters, creating new growth opportunities in a knowledge-based, technology-driven economy while positioning Dubai as a leading epicenter for research, development, and innovation.
Under the terms of the agreement, both parties will explore avenues for cooperation in knowledge transfer, talent attraction and empowerment, retention of competencies, and facilitating mutual market access.
Abdulaziz AlJaziri emphasized the importance of bilateral partnerships and sharing successful experiences to foster innovation, development, research, and knowledge exchange within Dubai’s forward-looking strategy. He stated, “Our collaboration with NICE marks a significant step in shaping the future of innovation. This initiative not only underscores 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.”
Dr. Qing Liu expressed enthusiasm for strengthening the research and development-as-an-industry model in Dubai through the partnership with the Dubai Future Foundation. He noted, “Dubai and the UAE are ideally positioned to become a global hub for innovation, thanks to their cultural openness, pro-business and talent-friendly policies, and capital that fosters growth. By collaborating with Dubai Future Foundation, we can fully leverage the research and development sector’s potential in Dubai, contributing to significant productivity growth and long-term positive economic transformation both regionally and globally.”
