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A new initiative, spearheaded by the Advanced Technology Research Council (ATRC), underscores Abu Dhabi and the wider UAE's commitment to nurturing inclusive growth and global prosperity through advanced research and development (R&D).

In an age of rapid technological evolution, the 'ATRC Global Tech R&D Platform,’ aims to bridge the technology gap experienced by nations worldwide by offering customized solutions to their urgent needs.

Also Read: UAE Ranks Highest in Arab Region in UN's Frontier Technologies Readiness Index

The USD 200 million fund, allocated by ATRC, aims to expedite innovation, particularly in emerging and developing economies, by covering resource and research expenses. This financial support facilitates the creation of advanced technology solutions, enabling these nations to keep abreast of the latest developments.

The ATRC Global Tech R&D Platform is open to applications from governments, organizations, and eligible stakeholders globally, emphasizing collaboration and inclusivity. Projects aligned with the platform's objectives in six key sectors— aerospace and space; food and agriculture; healthcare; safety and security; sustainability, environment, and energy; and transport—will undergo a thorough evaluation process to receive support.

H.E. Faisal Al Bannai, Secretary General of ATRC, underscored the profound global impact of the initiative, stating: "Our commitment is to empower every nation with the means to thrive in this technology-driven world. ATRC stands ready to partner with countries worldwide, leveraging our expertise in technology to address their challenges and drive collective progress in the AI-driven era."

Also Read: UAE Appoints New Council for Artificial Intelligence Advancement

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