The government has embarked on setting up an institutional framework of innovation by establishing "Mohammed Bin Rashid Center for Government Innovation" followed by "Hamdan Innovation Incubator".
The Dubai Economic Council, or DEC, on Wednesday announced the launch of Dubai Global Innovation Centre, a joint initiative with Royal Philips, to expedite Dubai's transformation into the world capital of innovation.
The DEC said the centre comes as part of the initiatives launched by the Government of Dubai to provide an institutional infrastructure for innovation. One of the center's mandates is to organise the 'World Innovation Award.'
Shaikh Ahmed bin Saeed Al Maktoum, president of Dubai Civil Aviation Authority and chairman and chief executive of Emirates airline and Group, said Dubai is determined to be among the most innovative cities and emerge as a global innovation hub. "Dubai has all the elements to speed up the transformation, especially in light of the 'National Innovation Strategy' launched by the UAE government and a series of initiatives launched by Dubai last year under the guidance of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai," Shaikh Ahmed said.
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