The Mohammed bin Rashid Al Maktoum Foundation of Dubai today announced it has signed a memorandum of understanding (MoU) with the Syrian Computer Society’s Information and Communication Technology (ICT) Incubator.
Established to build the information society in Syria and nurture entrepreneurial ideas, the ICT Incubator currently provides a variety of services and training to projects that are commercially viable.
This announcement came during the fourteenth annual Information and Communication Technology exhibit which was held at Exhibition City in the Syrian capital Damascus. The MoU was signed by Sultan Lootah, Vice President of Mohammed bin Rashid Al Maktoum Foundation’s Entrepreneurship and Employment sector, and Dr Rakan Razouk, Chairman of the ICT Incubator, Syrian Computer Society, in the presence of senior Foundation officials and key Syrian officials from the private sector, public sector and academia.
The agreement marks a new milestone in the Foundation’s Entrepreneurship and Employment sector, which seeks to develop cooperative programmes to advance the creative talents of Arab entrepreneurs and create new job opportunities, as well as enhance research methodologies and information exchange.
The agreement mandates the creation of an extensive online network for regional incubators to encourage interaction, share experiences, discuss best-practices and exchange information between entrepreneurs and incubators throughout the Arab world.