Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, on Sunday launched a new strategy to make the country one of the world’s most innovative within seven years.
Announcing the National Innovation Strategy, Sheikh Mohammed said it would focus on seven sectors – renewable energy, transport, education, health, technology, water and space.
Its first phase includes 30 national initiatives to be completed within three years including new legislation, innovation incubators, investment in specialised skills, private-sector incentives, international research partnerships, and an innovation drive within government, news agency WAM reported.
It quoted Sheikh Mohammed as saying: “The UAE is already the most innovative Arab nation. Our target is to be among the most innovative nations in the world. The competitiveness race demands a constant flow of new ideas, as well as innovative leadership using different methods and tools to direct the change.
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UAE launches plan to be ‘among the most innovative nations in the world’ within 7yrs
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