ABU DHABI, twenty fourth October, 2021 (WAM) — The UAE Ministry of Business and Superior Know-how (MoIAT) has hosted a “Sci-Tech Digital Tour” to spotlight the UAE’s science and know-how ecosystem and the incentives, benefits, and alternatives for international buyers, innovators, and enterprise leaders, particularly within the medical know-how subject.
The primary of a collection of digital excursions to showcase funding alternatives within the nation, the two-day occasion was organised in cooperation with the UAE Embassy within the Republic of South Korea. It welcomed an viewers of researchers, start-ups, SMEs, and representatives of main corporations within the science, know-how, and healthcare sectors within the UAE and South Korea. Along with providing data on the UAE’s funding ecosystem, the digital tour supplied a platform for stakeholders to community, have interaction, and finally trade concepts, experience, and know-how.
The periods and discussions have been aligned with the Ministry of Business and Superior Know-how’s nationwide industrial technique, Operation 300bn, the 10-year technique that goals to empower and broaden the commercial sector in an effort to strengthen its contribution to the nationwide GDP to AED 300 billion by 2031.
Omar Ghobash, Assistant Minister for Public and Cultural Diplomacy, opened the digital occasion, within the presence of Abdulla Saif Al Nuaimi, UAE Ambassador to the Republic of South Korea, and plenty of stakeholders from each international locations. Ghobash supplied an summary of the alternatives out there throughout the UAE’s healthcare sector.
The tour comprised a number of periods held over two mornings, designed to underline the UAE’s enchantment as an funding vacation spot and showcase the strides the nation has made within the fields of science and know-how, particularly in healthcare and medical know-how.
The primary day included plenty of panel discussions. The primary session targeted on the aims of the nationwide technique for trade and superior know-how – Operation 300Bn – and the aggressive benefits of the UAE economic system and the financing and enabling function of the Emirates Growth Financial institution. The second session supplied an summary of the funding surroundings within the nation, whereas the remaining periods mentioned the enterprise surroundings of the UAE’s science and know-how sector. The ultimate session was dedicated to discussing the way forward for know-how use within the well being sector.
On the second day, the opening session addressed the significance of the tutorial sector within the development of the science and know-how surroundings within the two international locations, in addition to the affect of the COVID-19 pandemic on the progress of analysis and growth efforts. The primary session of the day targeted on the function of funding and worldwide partnerships inside Operation 300Bn. The second session concerned a evaluate of the UAE’s analysis and growth sector. The third session comprised a panel dialogue between stakeholders from each international locations working within the subject of healthcare and know-how. The fourth and remaining session targeted on the function of academia in creating the trade.
Tariq Al Hashmi, Head of Know-how Growth and Adoption on the Ministry of Business and Superior Know-how, confirmed the occasion would characterize an important first step in deepening the connection between the UAE and South Korea on this essential subject.
“What we are attempting to create on this digital tour is a bridge between our science and know-how communities within the UAE and South Korea. We perceive that South Korea has nice capability and nice capabilities in science and know-how, and we’re actually excited to be taught extra concerning the ecosystem in South Korea.”
He added, “Med-tech is essential to us within the UAE, and we are attempting to harness medical applied sciences for the wellbeing of our folks, in addition to create business alternatives on this important sector. The UAE and Korea have cooperated on many profitable initiatives in nuclear science and house know-how, and we’re assured we will broaden this collaboration within the medical know-how subject.”
Omar Ghobash stated, “The event of a world-class healthcare system is of essential significance to the Emirates and is likely one of the key pillars of our nationwide agenda. The sector has quickly expanded to satisfy the wants of a rising inhabitants and the nation’s ambition to grow to be a regional medial tourism hub. As a part of the expansion and elevated sophistication of our healthcare sector, the UAE continues to hunt out, determine, develop, and implement new, best-in-class medical know-how options. These embrace telemedicine, digitisation of medical data, related medical units, information privateness safety, laboratory know-how, the web of medical issues, 3D printing, and extra. This bodes nicely for the enlargement of the med-tech sector.”
He added, “The Republic of Korea is a number one data economic system, pursuing cutting-edge tech analysis and the event of superior 4IR applied sciences – and it’s our hope the digital tour will allow new partnerships and exchanges and empower studying and the event of the sci-tech sectors in each our international locations.”
Throughout his remarks, Ambassador Al Nuaimi underlined the quickly creating industrial ecosystem of the UAE, which he believed supplies many alternatives for Korean buyers, enterprise house owners, and stakeholders.
“The nation’s industrial sector is guided by an bold, complete technique that was launched in March 2021 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It focuses on future industries that implement superior applied sciences and Fourth Industrial Revolution functions. Named Operation 300bn, the technique goals to advance and broaden the commercial sector to be the driving power of the sustainable nationwide economic system within the UAE by 2031.”
He added, “The Republic of Korea is likely one of the main international locations in science and know-how and has made main achievements in advancing the Fourth Industrial Revolution. With reference to bilateral cooperation in science and know-how, the sector has been excessive on the agenda throughout visits exchanged by the leaders of the 2 international locations over the previous few years. Throughout these visits, the 2 sides concluded plenty of agreements for cooperation in varied fields, together with science and know-how.”
The shows and discussions through the UAE’s Sci-Tech Digital Tour included an summary of the UAE’s Operation 300bn industrial and superior know-how technique from Abdulla Al Mahri, Director of Funding and Stakeholder Engagement on the Ministry of Business and Superior Know-how; an examination of the UAE Funding Ecosystem from the Ministry of Economic system’s Dr. Hassan Al Sayegh, Director of SME Growth, and Hind Al Youha, Director of the Funding and Expertise Attraction Division; the science and know-how ecosystem within the Emirates of Abu Dhabi, Dubai, and Sharjah; the UAE’S analysis and growth ecosystem; and the function of academia in trade.
A gaggle of main nationwide corporations participated within the discussions on the function of superior know-how in healthcare. It included G42 Healthcare, a subsidiary of the UAE G42 Group, which specialises in synthetic intelligence and cloud computing; Mubadala Healthcare, the built-in healthcare community of Mubadala Funding; and Abu Dhabi Funding Workplace.