Latest news with #UAEInnovationMonth
Web Release
08-03-2025
- Business
- Web Release
Ministry of Economy hosts workshop to unveil the new national talent attraction and retention strategy 2031
The Ministry of Economy hosted the 'Future of Jobs' workshop in collaboration with Integra Seven, a leading UAE-based public policy research and consulting firm. The session brought together representatives from 14 key economic entities and companies across the country. The workshop focused on empowering, attracting, and retaining talented individuals in the country, in line with this year's UAE Innovation Month themed 'UAE Innovates 2025', reinforcing the country's position as a global leader in innovation across various economic sectors. H.E. Juma Mohammed Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, emphasized the UAE's continued efforts to achieve its vision to become the best global destination for talented individuals and innovators. This commitment strengthens the country's knowledge- and innovation-driven economic model and reinforces its leadership in attracting and retaining global talent. These efforts include the adoption of strategic initiatives and policies that contribute the development of an attractive environment to attract companies and individuals, thus enhancing their contribution to the sustainable growth of the national economy. The workshop witnessed the launch of the UAE National Talent Attraction and Retention Strategy 2024-2027 and provided participants with key insights into its objectives. Attendees witnessed the unveiling of 17 groundbreaking projects and initiatives that reinforce the nation's unwavering commitment to cultivating a dynamic and competitive environment for talents to thrive. These efforts aim to cement the UAE's status as the ultimate destination where ideas and talents transform into regionally and globally successful ventures. The workshop also served as a valuable opportunity for networking and facilitating the exchange of insights and expertise among key decision-makers from participating entities and companies, including talent leaders from Emirates Integrated Telecommunications Company (Du), Emirates Airlines, DHL, C3 – Companies for Good, Cigna Healthcare, Ahoy Technology, Tarjama, Al Tamimi & Company, First Abu Dhabi Bank (FAB), Infosys, and GrubTech. Their contributions and expertise enriched the dialogue, ensuring a holistic approach to the aspirations and requirements of the future. Natalia Sycheva, Managing Director of Integra Seven, emphasized the importance of private-public collaboration, saying, 'Through this workshop, we not only identified the challenges but also co-created innovative solutions. It provided a valuable opportunity to foster dialogue and cooperation between industry leaders and policymakers in the UAE.' The initiative builds on the high-level events recently organized by the Ministry of Economy, reinforcing its commitment to fostering continuous dialogue with private and public sector stakeholders in both strategy development and implementation.
Zawya
07-03-2025
- Business
- Zawya
Ministry of Economy hosts workshop to unveil the new national talent attraction and retention strategy 2031
17 projects and initiatives were presented, outlining the nation's approach to achieving the vision Abu Dhabi, UAE: The Ministry of Economy hosted the 'Future of Jobs' workshop in collaboration with Integra Seven, a leading UAE-based public policy research and consulting firm. The session brought together representatives from 14 key economic entities and companies across the country. The workshop focused on empowering, attracting, and retaining talented individuals in the country, in line with this year's UAE Innovation Month themed 'UAE Innovates 2025', reinforcing the country's position as a global leader in innovation across various economic sectors. H.E. Juma Mohammed Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, emphasized the UAE's continued efforts to achieve its vision to become the best global destination for talented individuals and innovators. This commitment strengthens the country's knowledge- and innovation-driven economic model and reinforces its leadership in attracting and retaining global talent. These efforts include the adoption of strategic initiatives and policies that contribute the development of an attractive environment to attract companies and individuals, thus enhancing their contribution to the sustainable growth of the national economy. The workshop witnessed the launch of the UAE National Talent Attraction and Retention Strategy 2024-2027 and provided participants with key insights into its objectives. Attendees witnessed the unveiling of 17 groundbreaking projects and initiatives that reinforce the nation's unwavering commitment to cultivating a dynamic and competitive environment for talents to thrive. These efforts aim to cement the UAE's status as the ultimate destination where ideas and talents transform into regionally and globally successful ventures. The workshop also served as a valuable opportunity for networking and facilitating the exchange of insights and expertise among key decision-makers from participating entities and companies, including talent leaders from Emirates Integrated Telecommunications Company (Du), Emirates Airlines, DHL, C3 - Companies for Good, Cigna Healthcare, Ahoy Technology, Tarjama, Al Tamimi & Company, First Abu Dhabi Bank (FAB), Infosys, and GrubTech. Their contributions and expertise enriched the dialogue, ensuring a holistic approach to the aspirations and requirements of the future. Natalia Sycheva, Managing Director of Integra Seven, emphasized the importance of private-public collaboration, saying, 'Through this workshop, we not only identified the challenges but also co-created innovative solutions. It provided a valuable opportunity to foster dialogue and cooperation between industry leaders and policymakers in the UAE." The initiative builds on the high-level events recently organized by the Ministry of Economy, reinforcing its commitment to fostering continuous dialogue with private and public sector stakeholders in both strategy development and implementation. About Integra Seven: An international public policy and business transformation firm headquartered in the UAE. Specializing in the future of the economy, talent, and trade, the firm partners with governments, businesses, and international organizations to develop forward-thinking strategies that drive sustainable growth. Through its expertise in policy design, market intelligence, and stakeholder engagement, Integra Seven plays a pivotal role in shaping innovative solutions that enhance economic resilience and global competitiveness.
Mid East Info
04-03-2025
- Business
- Mid East Info
FTA Organises 'Tax Hackathon' to Foster Innovation in the Tax Sector Through Artificial Intelligence Technologies
At the conclusion of the UAE Innovation Month activities, 'UAE Innovates 2025' H.E. Khalid Al Bustani: 'The Hackathon is an inspiring platform that offers participants a unique opportunity to contribute to shaping the future of digital taxation.' Abu Dhabi,March 2025: As part of the UAE Innovation Month (UAE Innovates 2025) and the Year of Community, the Federal Tax Authority has announced the organisation of the InnoTAX 2025 AI Hackathon. Held over two days, on 26 and 27 February 2025, at Al Shindagha Museum in Dubai, the hackathon aimed to develop innovative technological solutions to address challenges in the tax sector while fostering collaboration and innovation between the public and private sectors. During the event, the Authority highlighted the participating projects and innovative technological solutions aimed at leveraging advanced technologies such as artificial intelligence, big data, and cloud computing to enhance tax services. Since announcing the Hackathon, the Authority has received a range of projects focused on enhancing the taxpayer experience through artificial intelligence, promoting tax awareness, and applying AI to tax compliance. The Hackathon targeted a diverse group of participants, including developers, AI specialists, designers, and data scientists, as well as university students, researchers, faculty members, entrepreneurs, tax experts, and fintech innovators. On this occasion, H.E. Khalid Ali Al Bustani, Director General of the Federal Tax Authority, stated: 'The Authority is committed to actively participating in UAE Innovation Month and the Year of Community, driven by our firm belief that innovation is a fundamental pillar for developing and enhancing the efficiency of the tax sector. This Hackathon reflects our dedication to fostering innovation in taxation by leveraging the latest artificial intelligence technologies and developing innovative technological solutions to address challenges in the sector.' He added: 'The Hackathon serves as an inspiring platform that provides participants with a unique opportunity to contribute to shaping the future of digital taxation. Through the innovative ideas and projects presented, we aim to support the advancement of the UAE's tax system.' On the final day of the Hackathon, the Authority received many project submissions. A panel consisting of experts and representatives from the Authority evaluated the proposed projects and solutions, recognising the top three innovative solutions. The evaluation process followed strict criteria, including creativity and innovation, the quality and usability of the solution, and the extent to which the technology utilised artificial intelligence, blockchain, or automation. Additionally, the assessment considered the impact and benefits of the solution, its feasibility and applicability, as well as the clarity, strength, and persuasiveness of the presentation.
Zawya
04-03-2025
- Business
- Zawya
FTA organises "Tax Hackathon" to foster innovation in the tax sector through AI technologies
H.E. Khalid Al Bustani: "The Hackathon is an inspiring platform that offers participants a unique opportunity to contribute to shaping the future of digital taxation." Abu Dhabi: As part of the UAE Innovation Month (UAE Innovates 2025) and the Year of Community, the Federal Tax Authority has announced the organisation of the InnoTAX 2025 AI Hackathon. Held over two days, on 26 and 27 February 2025, at Al Shindagha Museum in Dubai, the hackathon aimed to develop innovative technological solutions to address challenges in the tax sector while fostering collaboration and innovation between the public and private sectors. During the event, the Authority highlighted the participating projects and innovative technological solutions aimed at leveraging advanced technologies such as artificial intelligence, big data, and cloud computing to enhance tax services. Since announcing the Hackathon, the Authority has received a range of projects focused on enhancing the taxpayer experience through artificial intelligence, promoting tax awareness, and applying AI to tax compliance. The Hackathon targeted a diverse group of participants, including developers, AI specialists, designers, and data scientists, as well as university students, researchers, faculty members, entrepreneurs, tax experts, and fintech innovators. On this occasion, H.E. Khalid Ali Al Bustani, Director General of the Federal Tax Authority, stated: "The Authority is committed to actively participating in UAE Innovation Month and the Year of Community, driven by our firm belief that innovation is a fundamental pillar for developing and enhancing the efficiency of the tax sector. This Hackathon reflects our dedication to fostering innovation in taxation by leveraging the latest artificial intelligence technologies and developing innovative technological solutions to address challenges in the sector." He added: "The Hackathon serves as an inspiring platform that provides participants with a unique opportunity to contribute to shaping the future of digital taxation. Through the innovative ideas and projects presented, we aim to support the advancement of the UAE's tax system." On the final day of the Hackathon, the Authority received many project submissions. A panel consisting of experts and representatives from the Authority evaluated the proposed projects and solutions, recognising the top three innovative solutions. The evaluation process followed strict criteria, including creativity and innovation, the quality and usability of the solution, and the extent to which the technology utilised artificial intelligence, blockchain, or automation. Additionally, the assessment considered the impact and benefits of the solution, its feasibility and applicability, as well as the clarity, strength, and persuasiveness of the presentation. About FTA The Federal Tax Authority was established by Federal Decree-Law No. (13) of 2016 to help diversify the national economy and increase non-oil revenues in the UAE through the management and collection of federal taxes based on international best practices and standards, as well as to provide all means of support to enable taxpayers to comply with the tax laws and procedures. Since its inception in 2017, the FTA has been committed to cooperate with the competent authorities to establish a comprehensive and balanced system to make the UAE one of the first countries in the world to implement a fully electronic tax system that encourages voluntary compliance, with simple procedures based on the highest standards of transparency and accuracy – beginning from registration, to the submission of tax returns, to the payment of due taxes through the Authority's website:
Zawya
28-02-2025
- Business
- Zawya
MoF celebrates UAE Innovation Month with Special Event focusing on promoting innovation
Interactive format includes five dynamic stations, guiding participants from ideation to execution Younis Haji AlKhoori: "'Finance Innovates' is a platform that sparks ideas and unlocks new possibilities for innovative solutions' Dubai, The Ministry of Finance (MoF) organised a special event focusing on innovation in Dubai to drive creativity and accelerate digital transformation as part of the UAE Innovation Month 2025. Designed to cultivate an interactive and forward-thinking environment, the "Ministry of Finance Innovates—Innovation Journey" event aimed to encourage creative problem-solving and knowledge exchange, fostering collaboration that leads to innovative financial solutions. It also sought to accelerate digital transformation, with discussions centred on utilising technology to drive efficiency across financial sectors and contribute to long-term sustainability. Attended by H.E. Younis Haji AlKhoori, Undersecretary of the Ministry, alongside assistant undersecretaries, department directors, employees, and strategic partners, the event was held as part of the ministry's commitment to enhancing innovation in the financial sector and fuels its journey towards global leadership in public finance and sustainable development. Interactive Platform His Excellency Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, said, 'The UAE Innovation Month embodies the spirit of creativity and progress that defines the UAE. We at the Ministry of Finance are committed to fostering a culture of innovation across all sectors. Innovation is not just a tool but a necessity for achieving leadership and sustainability.' 'As we come together today, we have to reaffirm the importance of harnessing creativity and fresh ideas to develop the financial sector, accelerate digital transformation, and build a future-ready work environment.' He emphasised that the event was designed as an interactive platform to inspire and challenge conventional thinking. 'Through the innovation experience journey, we have created a comprehensive experience that takes participants from exploration to implementation, opening new horizons for innovative solutions, he said. 'We are confident that this event will generate pioneering ideas that strengthen the Ministry of Finance's future readiness, contribute to sustainable development goals, and reinforce the UAE's position as a global innovation hub.' Established Culture Fatima Yousif Al Naqbi, Acting Assistant Undersecretary for the Support Services Sector at the Ministry of Finance, emphasised that innovation is more than just an initiative—it's a mindset, a continuous process, and a driving force behind progress. 'At the Ministry of Finance, we see innovation as deeply rooted in our culture. It's not a one-time effort but an ongoing journey that pushes us toward our goal of global leadership in the financial sector. The "Ministry of Finance Innovates—Innovation Journey" event provided a strategic platform to unlock creativity, expand perspectives, and challenge minds to explore new solutions in an ever-evolving world. It was an opportunity for all of us—employees and partners alike—to share insights, exchange ideas, and collaborate on shaping the future,' Al Naqbi said. Experience that Stimulates Innovation As part of the event, the Ministry of Finance launched the "Innovation Experience Journey," an interactive and engaging initiative designed to bring creativity to life through hands-on activities and gamified challenges. The journey takes participants through five key stages, each designed to expand their thinking, encourage collaboration, and turn ideas into action. It starts at The Future Centre, where participants explore upcoming trends and envision possibilities. Then, at The Empathy Centre, they step into the users' shoes, gaining a new perspective on problem-solving. At The Idea Generation Centre, they brainstorm fresh solutions before moving on to The Prototyping Centre, where concepts are developed into workable models. The experience culminates at The Final Pitch Centre (Shark Tank), where participants present their ideas to a panel of experts. More than just an exercise in innovation, this journey aims to immerse employees and strategic partners in a real-world entrepreneurial experience. It creates a space where ideas don't just stay ideas—they evolve, take shape, and become solutions that contribute to the ministry's vision for the future. Impact and Outcomes Beyond just fostering creativity, the event aimed to strengthen the ministry's leadership in institutional innovation, helping generate forward-thinking solutions that drive sustainable excellence. It also enhances the skills and capabilities of national talent, supports the development of smarter services, and reinforces collaboration with strategic partners, ensuring that innovation remains at the heart of the ministry's progress.
