Economy Politics Local 2026-04-02T13:29:21+00:00

Mohammed bin Rashid Fund Launches Innovation Initiative

The UAE's Ministry of Finance, via the Mohammed bin Rashid Fund, has unveiled a new program to support startups and researchers, aimed at fostering innovation and diversifying the nation's economy.


Mohammed bin Rashid Fund Launches Innovation Initiative

The Mohammed bin Rashid Innovation Fund has announced the launch of an initiative introduced by the Ministry of Finance to support the innovation and entrepreneurship ecosystem. This measure aims to stimulate the development of new ideas and technologies in the country. The initiative's goal is to create a favorable environment for startups and researchers. The fund will provide financial and expert support to innovative projects. This is a significant step towards diversifying the economy and enhancing its global competitiveness. Program participants will gain access to cutting-edge knowledge and international partners. It is expected that this will lead to the creation of new jobs and attract investment.