Mr. Fareed Adib & Mr. Omar Sultan Al Olama at partnership signing ceremony
The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office has entered into a formal partnership with Vista Equity Partners (Vista), a leading global investment firm focused on enterprise software, data and technology-enabled businesses, to advance the local digital economy.
Announced during the World Government Summit (WGS) in Dubai, the partnership with Vista facilitates the exchange of information, experiences and best practices to develop local technology hubs and centers of excellence (CoE) to integrate digital learning into schools and university curriculums.
The official signing for entering into this partnership was attended by Mr. Fareed Adib, Managing Director, of Vista, and Mr. Mauro Bonugli, Managing Director of Vista’s OneVista program.
In addition, Vista and the AI Office will collaborate to drive digital transformation for local enterprises and governments through dialogue and discussions around the adoption of new technologies, including artificial intelligence and blockchain in the public and private sectors.
Omar Sultan Al Olama UAE Minister of State for AI, Digital Economy & Remote Work Applications
“Collaborating with the private sector plays a key role in further consolidating the UAE as a leader in the global digital economy and supporting our efforts to build upon local digital talent and develop the critical skills within the UAE workforce. We look forward to leveraging enterprises ecosystem to accelerate broader initiatives for driving economic growth through the power of technology.”
Mr. Robert F. Smith, Founder, Chairman and CEO of Vista, said that “Digital transformation in the public and private sector is playing an outsized role in accelerating economic growth for nations around the world. The most important ingredient for digitization – digital talent – is also the hardest to come by. We are honored to partner with the UAE to further develop and attract the advanced digital skills that are required to drive transformational change and prosperity for the local and global economy.”
This collaboration supports the UAE’s Initiatives of the ‘Next 50’ and ‘Projects of the 50’ programs to accelerate the region’s development as a comprehensive hub in all sectors and establish its status as an ideal destination for talents and investors, with a focus on the development of the UAE innovation ecosystem.
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