HH Sheikh Mohammed launches innovation labs to boost key sectors
Labs will promote government-private partnerships and focus on the aviation, energy, blockchain, and entrepreneurship sectors
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, inaugurated four innovation laboratories, which will be overseen by Dubai Future Foundation, to promote government and private partnerships; create ideas that boost economic opportunities; implement future strategies by supporting entrepreneurs, national and global talent; and forecast the future of key UAE sectors, including aviation, energy, blockchain and entrepreneurship.
According to the Dubai Media Office, the innovation labs were inaugurated in the presence of Crown Prince of Dubai HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum; Deputy Ruler of Dubai HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum; Chairman and chief executive of Emirates Group, HH Sheikh Ahmed bin Saeed Al Maktoum; and Minister of Cabinet Affairs and the Future HE Mohammed bin Abdullah Al Gergawi.
Commenting on the purpose of the labs, HH Sheikh Mohammed bin Rashid Al Maktoum said: “Our end goal is to make these labs a hub for launching future-oriented innovations that will eventually upgrade our business and service sectors. These labs will support the UAE Centennial Plan 2071 and will lay the foundations for building a global centre to test future innovations of the country.”
HH Sheikh Mohammed also called on all government entities to involve UAE nationals in the implementation of future strategies, and enhance their contribution to the country’s economy.
The aviation lab includes teams from five of the world’s largest aviation companies, including Emirates, Airbus, GE, Thales, and Collins Aerospace, which will support scientific research and engineering projects in the sector. The lab will address challenges such as reducing carbon emissions by 87% to hit the target of 15g of CO2 per km per passenger by 2030.
The blockchain lab, which runs in collaboration with IBM, will bring government entities and blockchain technology providers together to develop products and services through a testing environment in partnership with entrepreneurs and specialized companies in Area 2071.
The energy future lab will run in collaboration with the Dubai Electricity and Water Authority (Dewa) to develop auto-control systems for renewable energy and its storage, expand the use of artificial intelligence, and provide digital services.