The Dubai Economic Council (DEC) has signed a Memorandum of Understanding [MOU] with DuPont, one of the leading market-driven science companies. The MOU was signed by H.E Hani Rashid Al Hamli Secretary General of DEC and Amin Khayyal, General Manager, DuPont U.A.E.
The ceremony was attended by both entities executive teams. On this occasion H.E. Hani R. Al Hamli stressed on that the main objectives of this cooperation is to provide a general framework of support for strategic cooperation in different fields and in particular, to encourage the exchange of advice, knowledge, contacts and particulars related to issues of mutual interest in the direction that helps in attainment of both parties’ objectives; in addition to encourage the unification of efforts and resources of both Parties in respect of the specific collaborative projects.
“Our collaborations with the private sector is part of the DEC’s role as a strategic partner to Dubai’s Government in economic decision-making with the intention to encourage participation of private sector in the economic development of the emirate through discussing the policies and economical plans as well as provision of necessary consultation; besides improvement of national economy, development of businesses’ environment, enhancement of long-term local businesses’ environment along with enhancement of the competitive edge of Dubai economy in the international markets” Al Hamli added.
“DuPont is delighted to partner with the DEC. UAE has a promising future with an ambitious goal. We believe that the best solutions come from collaboration. Only by bringing together our collective knowledge to solve problems, will we generate growth and fulfill our vision,” said Amin Khayyal, General Manager, DuPont, United Arab Emirates.
“DuPont science is focused on providing more and better food to a growing population, increasing energy efficiency and protecting people and the environment. These demands – or megatrends – present very real local challenges from an economic and societal point of view. Hence, three-quarters of our annual 2.2 billion dollar Research and Development investment is aligned with these megatrends,” he added. “As UAE looks at World Expo 2020, we believe DuPont’s integrated science can help enable the pursuit of sustainable growth and economic prosperity.”
He added, “Food security represents a growing challenge in our region and with the rising population growth and with the expected growth in hospitality and tourism during Expo 2020, we know we need to quickly address these rising concerns. DuPont and the Economist Intelligence Unit (EIU) recently released the 2014 Global Food Security Index and the United Arab Emirates (UAE) is added to the Index this year. The Index also examines how two new factors, obesity and food loss, which are our key challenges in the UAE can affect access to safe, nutritious and affordable food.”
“Safety and Protection, is another critical piece that will play a major role during Expo 2020 and where DuPont can significantly contribute. Increasing energy efficiency is also a key focus for us at DuPont. UAE is blessed with abundant sunshine and is ideally situated for the development of solar energy to help alleviate local energy challenges. DuPont has been operating in the photovoltaic industry for over 30 years. Today, over 50% of the modules deployed in the field (approximately 400 million) contain DuPont materials. We look forward to expanding our solar application expertise in UAE,” said Mr. Khayyal.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.