Business & Money | Wednesday 4 January, 2017 2:24 pm |

The Mohammed bin Rashid Al Maktoum Foundation has signed a Memorandum of Understanding with the Emirates Scientists Council to strengthen the bonds of cooperation, and optimize the management of the knowledge resources of the two entities, as well as exchange experiences and build strategic partnerships to serve the community. The signing ceremony was attended by HE Jamal bin Huwaireb, Managing Director of the Mohammed bin Rashid Al Maktoum Foundation, and HE Sara Amiri, President of the Emirates Scientists Council.

 

As per the MoU, the two entities will cooperate to launch cognitive initiatives and organise events that support the institutional development of knowledge resources at both parties. The Foundation will provide the Emirates Scientists Council with knowledge index statistics, which was launched in collaboration with the United Nations Development Program. The Council will also benefit from the scholarships offered by the Mohammed bin Rashid Al Maktoum Foundation.

 

HE Jamal bin Huwaireb said that the MoU will contribute to enriching the information network of both entities, and in sharing and hiring technical expertise and material resources to support the ongoing cognitive development efforts. The MoU will also enhance the level of initiatives, programs and projects on knowledge management.

 

HE Sara Amiri said that signing the MoU provides an opportunity for the two entities to strengthen their role in contributing to building a scientific knowledge based society, and will help identify the optimal mechanisms to leverage expertise and human resources for various development projects in the UAE. 

 

The two entities will form a joint committee shortly, which will approve the necessary mechanisms and procedures for the implementation of the plans and achieve the goals set by the MoU. The committee will also discuss the implementation of the cooperation between the two parties on a regular basis. It will plan for new programs and initiatives and find solutions to any challenges.