Monday, July 22, 2024

Al Zeyoudi enhances UAE-U.S. collaboration in technology and innovation through Silicon Valley visit

Exploring Potential Partnerships in AI, Machine Learning, and Climate Technology: UAE’s Minister of State for Foreign Trade Visits San Francisco and Silicon Valley

The UAE’s Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, recently wrapped up a successful visit to San Francisco and Silicon Valley, where he engaged in discussions with key stakeholders in the technology and innovation sectors. The main focus of these meetings was to identify potential partnerships in high-priority fields such as artificial intelligence (AI), machine learning, and climate technology.

During his visit, Dr. Al Zeyoudi highlighted the UAE’s advanced technology ambitions and investment-friendly business environment, inviting U.S. investors, startups, and skilled professionals to explore expansion opportunities in the country. The discussions also touched on joint projects, research collaboration, and knowledge exchange in cutting-edge disciplines like AI, data analytics, and sustainable technologies.

“The West Coast of the U.S. is the global epicenter of technology and innovation, and the UAE has much to gain from closer ties to Silicon Valley’s vibrant ecosystem,” stated Dr. Al Zeyoudi. This visit underscores the UAE’s commitment to securing global partnerships that enhance its industrial and technological capabilities and solidifies its position as a destination for investment and innovation.

The U.S. is the UAE’s third-largest trading partner globally, with bilateral trade comprising a significant portion of the USA’s non-oil trade with the region. Additionally, the UAE has substantial investments in the U.S., especially in sectors like transportation, business services, software and IT services, real estate, food and beverages, and aerospace.

Overall, this visit reflects the UAE’s dedication to fostering long-lasting partnerships with leading players in the tech industry and leveraging the U.S.’s knowledge and experience to boost its technological capabilities. It is a step towards achieving the country’s economic growth and diversification goals through mutually beneficial relations with global technology leaders.

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