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Dubai and Shenzhen sign agreement on innovation

Museum of the Future and Shenzhen Foundation for International Exchange and Co-operation sign MoU

Dubai and Shenzhen sign agreement on innovation
Saif Al Aleeli and Wang Shi during the signing ceremony.

The Dubai Museum of the Future Foundation and Shenzhen Foundation for International Exchange and Cooperation have agreed a strategic partnership to exchange talent and ideas.

The two cities have signed an MoU which will focus on innovations in areas including robotics, the Internet of Things and other services directly related to the economy and people's lives.

"The Dubai Museum of the Future Foundation is keen to support innovation and entrepreneurship by building partnerships with innovative companies and cities, especially those who are active in design and innovation in sectors of strategic importance to the UAE, to promote its leading position as a regional and global centre for latest technologies, innovations and successful practices," said Saif Al Aleeli , CEO , Dubai Museum of the Future Foundation.

"We are looking forward to attracting innovative new start-ups and technological proof-of-concepts. Shenzhen is the leading centre for creative manufacturing in the world. Almost every single new innovative device and product on the market is made or designed in Shenzhen. This partnership gives us direct access to the most creative hardware ideas on the planet," Saif, added.

Wang Shi, Chairman of Shenzhen Foundation, commented: "Dubai is a global market integrator. We are deeply excited by the potential to combine Shenzhen's expertise and invention with Dubai's market access and connections."

The partnership will focus on the exchange of innovative ideas and prototypes between Shenzhen and Dubai. This will include a talent exchange, hackathons, investment proposals, and start-up networking.

Shenzhen in Southern China is one of the world's most creative manufacturing centres. Over the past ten years, it has become a powerhouse of creativity, innovation and design. The city is currently home to many of China's most innovative companies, including DJI Robotics, the maker of bestselling commercial drones; the AI and search giant Baidu; and BGI, the world's largest genetic research facility.

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