ADFD backs AI industries to enhance UAE’s global standing in advanced technology

ADFD backs AI industries to enhance UAE’s global standing in advanced technology

Abu Dhabi – In a bid to strengthen the UAE’s standing as a global hub for advanced technology, a delegation from the Abu Dhabi Fund (ADFD) for Development and the Abu Dhabi Exports Office (ADEX) recently visited the Abu Dhabi-based artificial intelligence and cloud computing technology holding company, G42. The delegation discussed the joint strategic cooperation and explored ways to enhance the Fund’s role in enabling national industries to expand their horizons in global markets and achieve competitiveness on a global level.

His Excellency Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development and Chairman of the Exports Executive Committee of the Abu Dhabi Exports Office, led the delegation, which included Rashid Al Kaabi, Director of ADFD’s Investments Department; and Khalil Al Mansouri, Acting Director General of the Abu Dhabi Exports Office. The ADFD-ADEX delegation was received by Peng Xiao, Group Chief Executive Officer of G42, Talal Al Kaissi, Chief Executive Officer of G42 Cloud, and Thomas Pramotedham, CEO of Presight AI.

H.E. Al Suwaidi lauded the pioneering role played by G42 in the field of advanced technology, highlighting the significance of the national private sector in supporting the economic development process in the UAE. The visit was