XPANCEO Partners with the University of Dubai to Propel Deep Tech Innovation - Middle East Business News and Information
Dubai, June 11, 2025 — XPANCEO, a leading deep tech company pioneering the next generation of computing via the development of smart contact lenses, has signed a Memorandum of Understanding (MoU) with the University of Dubai.
This strategic partnership underscores a shared commitment to driving innovation at the nexus of academia and industry. Ranked among the UAE's top six academic and corporate organizations by the Nature Index, XPANCEO is on track to unveil the world's first fully integrated smart contact lens by 2026.
Its partner, the University of Dubai — established by the Dubai Chamber of Commerce in 1997 — is one of the region's most forward-thinking academic institutions. It is internationally accredited by AACSB and ABET, and is a key player in the UAE's thriving innovation ecosystem.
Key areas of collaboration include joint R&D projects and co-authored publications that target high-impact scientific and technological advances. The partnership also includes internship and mentorship programs designed to integrate students into active research settings and provide co-supervision for senior research projects.
Both parties will share access to laboratory facilities to support collaborative innovation. They will also organize and participate in conferences, workshops, and expert lectures to facilitate knowledge exchange . Additionally, the partnership will focus on joint involvement in innovation challenges and international hackathons.
This partnership reinforces XPANCEO's ongoing commitment to building an ecosystem of visionary thinkers and innovators, while supporting the UAE's broader ambition to become a global innovation hub.
'At XPANCEO, we don't just build breakthrough technologies — we help shape the minds that will define the future. That's why we put a strong focus on cultivating new talent across our core research areas. Our collaboration with the University of Dubai gives students direct access to live challenges in optics, nanomaterials, and bio-integration. They bring curiosity, fresh perspective, and the drive to push science beyond today's limits. We bring deep expertise, infrastructure, and a set of ambitious tasks. This partnership is a hands-on step toward growing local talent and developing the kind of innovation ecosystem that the future demands.'
Valentyn Volkov, Co-Founder, Scientific Partner at XPANCEO
'As a leading academic institution committed to research-driven innovation, we see this partnership as an opportunity to contribute to the advancement and responsible application of next-generation wearable technologies. This initiative aligns closely with our strategic goals to bridge the gap between academia and industry, foster emerging tech ecosystems in the UAE, and prepare our students to become pioneers of the Fourth Industrial Revolution.'
Dr. Eesa Al Bastaki, President of the University of Dubai
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mid East Info
11 hours ago
- Mid East Info
Dubai Chamber of Commerce and Ministry of Economy host workshop on benefits of CEPA for Business Councils
• Maha Al Gergawi: 'We are committed to supporting and empowering members of the business councils to benefit from promising investment opportunities, thereby enhancing the private sector's ability to grow and expand both locally and globally.' Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully organised a workshop in collaboration with the Ministry of Economy to familiarise members of the Business Councils operating under the chamber with the provisions and benefits of the Comprehensive Economic Partnership Agreements (CEPAs) signed by the UAE. The workshop, which brought together leaders and members of Business Councils, highlighted the strategic role of CEPA agreements in unlocking new trade and investment opportunities for Dubai's private sector. Discussions explored how these agreements open up broader avenues for the exchange of goods and services, while also enhancing export and re-export prospects. Participants gained valuable insights into the practical benefits of CEPAs for companies across a range of sectors, and how these agreements can support long-term business growth and international expansion. The workshop reviewed key provisions of the agreements and their role in reinforcing the UAE's position as a leading gateway for global trade and logistics. It also introduced participants to the benefits of CEPAs, including improved access to international markets, reduction or elimination of customs duties, streamlined customs procedures, and the establishment of clear and transparent regulations. In addition, the agreements are designed to promote fair competition and trade-based growth. Commenting on the workshop, Maha Al Gergawi, Vice President of Business Advocacy at Dubai Chambers, said: 'We are committed to supporting and empowering the members of Business Councils to benefit from promising investment opportunities that enhance the private sector's ability to grow and expand both locally and globally. This initiative forms part of our ongoing efforts to raise awareness among the business community on the importance and strategic value of CEPA agreements, which serve as a key driver for increasing the competitiveness of the national economy and advancing cross-border trade and investments.' The country-specific Business Councils operating under the umbrella of Dubai Chamber of Commerce work in close collaboration with the chamber to stimulate bilateral trade and investment. They facilitate stronger connections between Dubai-based companies and businesses from the markets represented, with the goal of strengthening strategic economic partnerships.
Mid East Info
a day ago
- Mid East Info
XPANCEO Partners with the University of Dubai to Propel Deep Tech Innovation - Middle East Business News and Information
Dubai, June 11, 2025 — XPANCEO, a leading deep tech company pioneering the next generation of computing via the development of smart contact lenses, has signed a Memorandum of Understanding (MoU) with the University of Dubai. This strategic partnership underscores a shared commitment to driving innovation at the nexus of academia and industry. Ranked among the UAE's top six academic and corporate organizations by the Nature Index, XPANCEO is on track to unveil the world's first fully integrated smart contact lens by 2026. Its partner, the University of Dubai — established by the Dubai Chamber of Commerce in 1997 — is one of the region's most forward-thinking academic institutions. It is internationally accredited by AACSB and ABET, and is a key player in the UAE's thriving innovation ecosystem. Key areas of collaboration include joint R&D projects and co-authored publications that target high-impact scientific and technological advances. The partnership also includes internship and mentorship programs designed to integrate students into active research settings and provide co-supervision for senior research projects. Both parties will share access to laboratory facilities to support collaborative innovation. They will also organize and participate in conferences, workshops, and expert lectures to facilitate knowledge exchange . Additionally, the partnership will focus on joint involvement in innovation challenges and international hackathons. This partnership reinforces XPANCEO's ongoing commitment to building an ecosystem of visionary thinkers and innovators, while supporting the UAE's broader ambition to become a global innovation hub. 'At XPANCEO, we don't just build breakthrough technologies — we help shape the minds that will define the future. That's why we put a strong focus on cultivating new talent across our core research areas. Our collaboration with the University of Dubai gives students direct access to live challenges in optics, nanomaterials, and bio-integration. They bring curiosity, fresh perspective, and the drive to push science beyond today's limits. We bring deep expertise, infrastructure, and a set of ambitious tasks. This partnership is a hands-on step toward growing local talent and developing the kind of innovation ecosystem that the future demands.' Valentyn Volkov, Co-Founder, Scientific Partner at XPANCEO 'As a leading academic institution committed to research-driven innovation, we see this partnership as an opportunity to contribute to the advancement and responsible application of next-generation wearable technologies. This initiative aligns closely with our strategic goals to bridge the gap between academia and industry, foster emerging tech ecosystems in the UAE, and prepare our students to become pioneers of the Fourth Industrial Revolution.' Dr. Eesa Al Bastaki, President of the University of Dubai
Mid East Info
2 days ago
- Mid East Info
Dubai Chamber of Commerce survey reveals growing awareness among local business community on the importance of ESG standards
72% of surveyed companies are aware of the importance of ESG standards and related initiatives. • 50% of companies are implementing Environmental, Social, and Governance (ESG) initiatives. • The highest rate of ESG implementation is recorded in the professional, scientific, and technical activities sector, followed by the insurance, financial services, and real estate sector. • 87% of large companies and 83% of multinational corporations are applying ESG-related initiatives. • Advanced recycling technologies and waste reduction lead corporate circular economy strategies. Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the results of its 2025 ESG Pulse Survey. The survey evaluates the level of awareness and adoption of Environmental, Social, and Governance (ESG) standards among the local business community, as well as the extent to which companies are implementing related initiatives. The survey results, conducted by the Centre for Responsible Business, reveal a growing awareness among Dubai's business community about the importance of ESG standards. A total of 72% of participating companies indicated they are familiar with ESG standards and related initiatives, while 50% confirmed they are actively implementing ESG-related initiatives. In addition, 35% of companies reported that they prepare specific reports on the initiatives they have adopted. Corporate values and institutional goals ranked as the primary motivation for implementing ESG initiatives, followed by regulatory compliance, corporate reputation, innovation and growth, competitiveness, customer expectations, and investor demands. Among the companies participating in the survey, 87% of the large companies reported implementing ESG initiatives, compared to 83% of multinational corporations and 46% of small and medium-sized enterprises SMEs. In terms of sectors, 55% of surveyed companies in the professional, scientific, and technical activities sector reported implementing ESG initiatives, representing the highest rate among all sectors. This was followed by the insurance, financial services, and real estate sector, with 52%, and the transport and storage sector at 50%. In terms of environmental sustainability initiatives, waste management ranked first, followed by pollution reduction, climate change practices, and sustainable procurement. For social initiatives, transparency and communication practices came first, followed by employee relations, customer relations, and community engagement. For governance-related initiatives, business ethics and compliance ranked first, followed by leadership and strategy, risk management, and then impact on businesses and stakeholders. The survey findings also highlighted that advanced recycling and waste reduction strategies are the top approaches adopted under companies' circular economy strategies. This is followed by collaboration with external stakeholders to implement circular economy projects and the development of sustainable products using recycled materials. Dubai Chamber of Commerce's Centre for Responsible Business plays a key role in promoting responsible and sustainable business practices across the emirate. The Centre is committed to encouraging and supporting companies in adopting corporate social responsibility, with the goal of enhancing their performance, competitiveness, and social and environmental contributions. It offers a range of platforms, tools, and knowledge resources to help businesses integrate governance, sustainability, and social responsibility into their corporate practices.
