GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Two parties sign MoU to help promote trade, identify joint initiatives, and promote research and innovation

Dubai, United Arab Emirates - 15 June 2019:  Dubai Maritime Cluster Office (DMCO) of Dubai Maritime City Authority (DMCA) has joined forces with the Irish Maritime Development Office (IMDO) to further boost the maritime collaboration between the two as both work towards strengthening their respective maritime industries by building a smart, vibrant, and sustainable maritime platform of cooperation for maritime operations and businesses.

The cooperation is the latest in a string of strategic partnerships of DMCA with international maritime bodies and organizations as part of its bid to create a reliable and vibrant maritime community capable of driving Dubai's economic development and sustainability in line with the objectives of Dubai Plan 2021. 

Under the MoU, DMCO and IMDO will jointly promote trade across global infrastructure and maritime spectrum as well as identify mutually beneficial initiatives in key maritime areas. Both parties agreed as well to work together on open innovation-based initiatives and programs. Additionally, they will jointly embark on promotional and networking efforts during local and international trade events, conferences, and events to facilitate new cooperation between organizations, promote increased trade, enhanced connectivity, and present their respective competitive edge and advantages. 

Other critical areas covered by their latest cooperation include mutual referral of business opportunities in each party's fields of specialties; research activities establishing the socio-economic benefits of a sustainable maritime industry at the national and international levels; identification of reciprocal investment opportunities for Irish and Dubai maritime companies; knowledge sharing and exchange of best practices and expertise.  

Liam Lacey, Director of the Irish Maritime Development Office, said: “The IMDO welcomes the opportunity to work with the DMCA and looks forward to cooperating and collaborating with the DMCA to the benefit of both our maritime economies.”

Amer Ali, Executive Director, DMCA, said: “Our strategic collaboration with IMDO is an opportunity for us at DMCA and Dubai Maritime Cluster Office to further foster innovation and research in Dubai's maritime community as well as continuously implement enhanced global best maritime practices.” The MoU is also expected to pave the way for the cultivation of stronger relationships between DMCA and Irish maritime companies and other relevant bodies. It will also be an opportunity for Irish companies to explore ways to better position themselves to work with DMCA and DP World as well as learn more about the Authority's functions and its upcoming projects that will help open up new forms of international coordination.

“Through this collaboration, Dubai will benefit from Ireland's vibrant knowledge and innovation economy as well as world-class business eco-system, particularly in emerging sectors such as deep tech, artificial intelligence, big data, and blockchain. Our ties will help accelerate our efforts to build a vibrant and safe maritime environment and will be instrumental in enhancing Dubai's position as a leading center of maritime sectors worldwide. Our cooperation is especially relevant as Ireland bids to become an International Shipping Services Centre (ISSC), a major urban regeneration scheme with appropriate commercial, residential, and cultural amenities, which, if realized, can brought forth immense benefits to Dubai and the UAE,” Ali said.  

He added: “Conversely, the country will have a strategic advantage of learning about the intricacies and uniqueness of the maritime sector in Dubai and the UAE, providing them access to substantial local growth opportunities, fueled by national initiatives in accordance with Dubai Vision 2021. Recognized for its reliability, inclusiveness, and leadership, Dubai is the center of maritime excellence at the local, regional, and global levels as it continues to attract investors from different parts of the world.”



Posted by : GoDubai Editorial Team
Viewed 6167 times
Posted on : Saturday, June 15, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Sharjah Chamber Concludes its Participation in the World Chamber Congress in Brazil
Next Story : Jafza to Offer Long Term Visa Services to Customers
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
A touch of elegance with Al Asel
Introducing Pestle & Mortar
Glamorous Gilda for elegant lady'
The art of knurling
Tag Heuer Launches Limited Edition Green Aquaracer in the Kingdom of Saudi Arabi...
Nikon ME Launches Film Festival - Cinema Z
Titan Watches unveils new ‘Create Your Moment' campaign
Versus Saint Germain
Protect your Hair with the New Hair Care Range from Color WOW.
CORUM announces Hu Bing as its new Global Brand Ambassador
Compact, yet spacious, Kia Pegas sedan to be sold in the UAE for the first time
Admiral AC-One 45 Chronograph Bronze
Union Coop Signs a contract with AL Aber contracting to construct Umm Al Quwain ...
Midi Moment
As Official Timekeeper of the 2020 IIHF Ice Hockey World Championship, Tissot st...
Burberry Beauty reveals its runway make-up look, inspired by the September 2020 show
Beauty beyond time OMEGA's fine jewellery collection
Skin Care+ an Intensely Nourishing Range
General Civil Aviation Authority launches 2nd edition of Global Investment in Av...
Epson partners with Tenaui to participate in Xposure photography festival
Al Yousuf Motors hosts the UAE debut of the new MG5
Spring/Summer 2020
'Al Wahda Mall to welcome THE DEAL'
UAE-based investors to develop 5 Economic Zones in Bangladesh
Planetarium show by Lulu Group at Mushrif Mall this weekend
Epson launches world's smallest 3LCD laser projector in the region
GITEX Technology Week and GITEX Future Stars to show how next-gen technologies a...
Bee My Love – Cocktail Rings
Redtag's ‘just My Mood' Sleepwear Collection
Twelve Majid Al Futtaim shopping malls to participate in 11th annual ‘Feel the B...
MoHAP Organizes in Cooperation with Majid Al Futtaim an Awareness Campaign on th...
Emirates Steel to participate in the first Saudi International Iron & Steel Conf...
Year of Tolerance Art Exhibition by 2XL Furniture & Home Décor Opens with a Gran...
Mintsa: Successfully launching in the UAE
UAE investors set to inject US$10 billion into Bangladesh economy
Turkish Airlines named 2020 Five Star Global Airline at APEX Awards
Dubai FDI delegation promotes Dubai in Denver
BMW at the IAA Cars 2019 in Frankfurt
The Rack by Kachins Presents PS20
Al Qemzi Keeps Team Abu Dhabi on Course for Quadruple World Title Success
The Trench Coat and Mac Edit
Educational Events of Mohammed bin Rashid Space Centre (MBRSC) and Japan Aerospa...
GEMS Education finds a way on how to effectively prepare when your child flees t...
Ginger signs a new hotel in Candolim, GOA
Nursery to go paperless for a week as a mark of respect to the burning Amazon
Saxophone night with a view!
ENEC and TENEX renew MoU
October Specials at Le Meridien al Aqah
Materials Handling Middle East racks up 12% visitor turnout for 10th edition
GEMS Cambridge International Private School Sharjah welcomes 840 students and 60...