ABU DHABI, October 27 / WAM / The Abu Dhabi Investment Office has announced a strategic partnership with “Etisalat” to enhance private sector companies’ access to the investment and innovation system in the Emirate of Abu Dhabi.
This partnership aims to provide promising investment and commercial opportunities for companies in the Emirate of Abu Dhabi by combining the great support provided by the Abu Dhabi Investment Office and the creative capabilities of Etisalat.
The Emirate of Abu Dhabi has topped the list of the smartest cities in the Middle East thanks to its large investments in advanced infrastructure and smart technologies, and the emirate is currently leading digital transformation efforts and initiatives in the region.
Etisalat Group has always been at the fore in the technical development scene in the Emirate of Abu Dhabi, as the group is considered one of the world’s leading companies in the field of telecommunications in emerging markets, which provides its innovative solutions and services to 156.1 million subscribers in 16 countries in Asia, the Middle East and Africa.
The Abu Dhabi Investment Office and Etisalat will work together to create opportunities for the business sector in Abu Dhabi by introducing companies to their extensive networks and enhancing cooperation at various levels. This partnership provides promising investment opportunities and forms a platform for business expansion in the Middle East and Africa, serving as a new gateway for companies from all over the world. world to connect with relevant partners and take advantage of new opportunities across the technology sector in the emirate.
Munira Hisham Al-Kitab, Executive Director of the Abu Dhabi Investment Office, said: The Emirate of Abu Dhabi has invested heavily in the technology sector to provide solid foundations to support and develop the business of private sector companies in the emirate. The field of communications and information technology, to provide support to private sector companies, as this partnership will contribute to enabling businesses and investors to benefit from the advanced digital and network infrastructure in the UAE to access a wide range of investment opportunities.
Salvador Anglada, Chief Business Officer at Etisalat, said: “We are proud of this strategic partnership with the Abu Dhabi Investment Office, which attaches great importance to developing the creativity and innovation system in the Emirate of Abu Dhabi by providing support to the new generation of entrepreneurs and innovators, as well as its contribution to accelerating the pace of digital transformation. For government agencies and various companies in the Emirate of Abu Dhabi.
This partnership unites the efforts of the Abu Dhabi Investment Office and Etisalat to support the creativity and innovation system in the Emirate of Abu Dhabi, and is based on the individual initiatives of both bodies aimed at supporting companies by providing them with commercial and investment opportunities.
The Abu Dhabi Investment Office’s AED 2 billion ($ 545 million) innovation program provides financial and non-financial support packages for innovative companies in sectors with high growth potential with the aim of expanding their business in Abu Dhabi, while the “Future Now” program calls for innovation of the company. Etisalat innovative technology companies to develop their businesses in the UAE and partner with Etisalat to bring new and innovative solutions to the market.