Dubai inks MoU with Serbian Capital to deepen cooperation in growth sectors

By Arya M Nair, Official Reporter
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Dubai_Belgrade economic cooperation
Mr. Abdulla Mohammed Al Basti & Mr. Aleksandar Šapić at MoU signing ceremony

Dubai and Belgrade, Serbia’s capital city, have signed a Memorandum of Understanding (MoU) to deepen cooperation.

The MoU was signed by Mr. Abdulla Mohammed Al Basti, Secretary-General of The Executive Council of Dubai, and Mr. Aleksandar Šapić, Mayor of Belgrade.

Mr. Al Basti said that Dubai seeks to establish strong networks of cooperation with cities around the world in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council.

Through such partnerships, Dubai aims to share the experiences and knowledge it has gained in its economic growth journey and its development as a leading global business and investment destination, Mr. Al Basti added.

The MoU outlines a framework for deepening cooperation in key sectors, including tourism, culture and heritage, smart cities, healthcare and sports. The MoU will also boost ties in the fields of the digital economy, AI applications, software and automation. As a fast-growing global hub for emerging technologies, Dubai seeks to tap complementarities with Belgrade, an important center for AI startups, especially in the field of food security. Serbia participated in Expo 2020 Dubai within the Mobility pavilion, showcasing its world-class advanced technology capabilities.

Under the agreement, experts and organizations from both sides will come together to design development plans for the two cities and develop mechanisms for boosting cooperation and knowledge exchange, encouraging economic cooperation, investments and information exchange to enhance the health, tourism and service sectors.

The MoU is the latest in a series of strategic agreements between Dubai and cities around the world, through which the emirate shares its world-leading expertise in service excellence, leadership, quality of life, opportunity creation, future-oriented technologies and the development of worldwide partnerships.

Related: ADDED & ADIB sign MoU to facilitate digital business banking account opening