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Omar Al Olama: The future economy is a key pillar of the UAE

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Dubai (Al-Ittihad) – His Excellency Omar bin Sultan Al Olama, Prime Minister of Artificial Intelligence, Digital Economy and Telework Applications – Deputy CEO of the Dubai Future Foundation, confirmed that the economy of the future is a key pillar of the future United Arab Emirates’ vision to continue its leadership as one of the best global centers to incubate and support pioneers Business in various sectors of innovation, technology and the digital economy, thanks to the directives of its management to support the owners of qualitative ideas based on the use of future technologies , develop their ideas and expand their business from the UAE. This happened during a meeting organized by the Dubai Future Foundation between start-ups and investment institutions to discuss opportunities for collaboration in technology and digital economy, as part of its efforts to support Dubai’s position as a preferred destination for entrepreneurship and an incubator. for innovators and investors regionally and globally, as part of the “10×10” initiative launched by the Fund to provide a platform for promising startups that enable them to communicate directly with large investors to take advantage of potential investment opportunities, achieve the necessary support to develop their projects and expand their business from Dubai. The meeting, organized in collaboration with VC MENA, hosted entrepreneurs from the UAE and the region, who discussed their innovative projects in front of the participating institutions and investment funds, whose investment portfolios include more than 2,400 companies around the world, including 300 A company in the Middle East , and the UAE is home to 90 of these companies. Khalfan Jumaa Belhoul, CEO of the Dubai Future Foundation, emphasized that the organization of this meeting comes within the framework of the Dubai Future Foundation’s commitment to create a platform to improve communication between startups and entrepreneurs from the UAE and around in the world with investors, incubators and accelerators, strengthening Dubai’s position A leading global center for attracting, embracing and supporting innovators and entrepreneurs, and an attractive destination for global investment, innovation and promising talent. He added: “The first meeting of the 10X10 initiative attracted entrepreneurs from the region whose promising projects focused on many different sectors, including banking, data, health, retail, e-commerce, real estate and others.” Abdul Baset Al Janahi, CEO of the Mohammed bin Rashid SME Development Facility, said: We are pleased to be part of this initiative, where all efforts are focused on achieving sustainable development by supporting entrepreneurship and innovation, to ensure strong, comprehensive, sustainable and resilient economic growth, emphasizing that Dubai is a global center for the sector.Entrepreneurship and a prominent destination to attract the best talent.


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