Ministry of Economy participates in the launch of a global initiative to highlight innovations by startups in the UAE

Ministry of Economy participates in the launch of a global initiative to highlight innovations by startups in the UAE

UAE - Mubasher: The Ministry of Economy (MOE), in cooperation with Microsoft, the Intesa Sanpaolo Innovation Center, and the Italian Cariplo Factory, launched a global initiative called 'Circular Economy Turns Digital' to accelerate the transition towards a circular economy through digital technology.

The initiative aims to enable technology-based startups in both the UAE and Italy to present their innovations before leading global companies in this field, to identify the most capable and advanced innovations that can support the transition towards a circular economy. It will also provide an opportunity for these startups to enter into commercial partnerships with global companies.

The circular economy is considered an economic system that eliminates waste, preserves resources, and improves their usability. The transformation towards