Abu Dhabi, UAE
During the inaugural Abu Dhabi Business Week and the Australia UAE Business Council’s 2024 Delegation to Abu Dhabi, Gravity iLabs, a distinguished member of the Council, formalised a strategic partnership with the Khalifa Fund for Enterprise Development, aimed at enhancing Emirati talent and fostering entrepreneurship. This collaboration, marked by the signing of a Memorandum of Understanding (MoU), demonstrates a shared commitment to cultivating an ecosystem of innovation and sustainable growth in Abu Dhabi.
A Catalyst for Entrepreneurial Growth
The partnership focuses on delivering specialised training programmes to upskill Emiratis in Al Ain and other regions across Abu Dhabi. These initiatives are designed to empower participants with the tools to succeed in the private sector or establish innovative SMEs. By building capacity and driving entrepreneurial ambition, the collaboration supports Abu Dhabi’s economic vision of diversification and human capital development.
A Member-Led Milestone
As a long-standing member of the Australia UAE Business Council, Gravity iLabs has consistently demonstrated its leadership in innovation, particularly through its recent launch of the region’s first AI Strategy Lab, .DOT ZERO. The Council is proud to support initiatives that align with its mission of fostering bilateral trade, investment, and knowledge-sharing. Partnerships like this exemplify the connections and synergies that are possible through the Council’s collaborative platform.
Commenting on the MoU, Ms. Mouza Al Nasri, Acting CEO of Khalifa Fund, said, “Training and capacity-building for Emirati entrepreneurial talent are integral pillars of Khalifa Fund’s strategic approach. These efforts aim to boost the prosperity of SMEs and non-oil economic sectors, contributing to a knowledge-based, diversified, and sustainable Emirati economy. This reinforces Abu Dhabi’s position as a global hub for innovation, entrepreneurship, and SME development.”
Echoing this sentiment, Stephen Hayes MBE, Chairman of Gravity iLabs, remarked, “Through this partnership, we will empower young Emiratis to access career opportunities in the private sector or pursue independent entrepreneurial ventures after completing our training programs. Investing in local talent and building specialised skills is crucial for fostering innovation and driving the future of entrepreneurship in the UAE, and we look forward to working closely with Khalifa Fund to make this vision a reality.”
Building Bridges for Bilateral Success
The Australia UAE Business Council remains committed to supporting its members in fostering meaningful partnerships and driving impactful initiatives that strengthen ties between Australia and the UAE. This MoU exemplifies how Council members like Gravity iLabs are making tangible contributions to the UAE’s entrepreneurial ecosystem while reinforcing the collaborative spirit that defines the bilateral relationship.
For more information about Gravity iLabs, visit https://www.gravityilabs.com/
