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Dubai needs a culture of innovation: Shaikh Hamdan

Staff Report/Dubai
Filed on July 16, 2015 | Last updated on July 16, 2015 at 08.59 am
Dubai needs a culture of innovation: Shaikh Hamdan
Shaikh Hamdan inaugurating a laboratory of innovation at Thomson Reuters.

"Dubai needs to adopt a steady and balanced pace in establishing a culture of innovation as a key driver to prosperity and progress."


Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that innovation has become a work culture at institutions in Dubai and the UAE. The country is keen to provide the best conditions to encourage creators and innovators in various fields.

He was inaugurating a laboratory of innovation at Thomson Reuters, which is in line with the vision of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, in making Dubai the most innovative city in the world.

Shaikh Hamdan said: "Dubai needs to adopt a steady and balanced pace in establishing a culture of innovation as a key driver to prosperity and progress. This can contribute and support the UAE towards becoming a global centre for innovation. This is in line with the Government's national strategy for the adoption of innovation within the institutional system and the development of national policies and specialised staff to explore new and different ways in business performance."

He added: "We are keen on partnership with leading local and international institutions in order to take advantage of the best experiences and practices in the field of innovation."

He said that the strategic partnership with Thomson Reuters will help establish a framework to generate ideas to design and implement future goals that Dubai and the UAE seek to achieve.

Shaikh Hamdan called on the private sector and international companies to be part of the UAE's pursuit towards the achievement of its strategic objectives in the field of innovation, which will reflect positively in the growth of different sectors and increase economic yield.

 

 

"We are keen on partnership with leading local and international institutions in order to take advantage of the best experiences and practices in the field of innovation."
Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum

Accompanied by Mohammed Abdullah Al Gergawi, Minister of Cabinet Affairs and chairman of the Executive Office of Shaikh Mohammed, Shaikh Hamdan was given a briefing on various departments and sections in the innovation laboratory by Thomson Reuters senior management. He commended the professional services provided by Thomson Reuters to the business sector.

The Thomson Reuters laboratory for innovation will support leadership innovation and an entrepreneurship environment in the UAE and the Middle East. It will give access for entrepreneurs and innovators to a wide range of data and tools in various fields, including scientific journals, research and development, patents and trademark protection, market research and financial information, etc. This will enable them to establish smart applications.

Nadim Najjar, general manager of Thomson Reuters in the Middle East and North Africa, said: "We look forward to working closely with Dubai, its institutions and key stakeholders to support this strategic partnership. We will contribute to activating the innovation environment and provide a framework to cooperate in which the government, academic institutions and private sector will drive innovation outputs."





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