Luxembourg and Dubai seal an alliance to connect their innovation ecosystems and facilitate the expansion of technology companies

INNOVATION AND INTERNATIONAL EXPANSION

Luxinnovation, Luxembourg's national innovation agency, and the Dubai Internet City technology hub have formalized a strategic alliance. The agreement aims to boost cross-border collaboration and facilitate the expansion of technology companies between the European and Middle Eastern markets.


An innovation corridor between Europe and the Middle East

The national innovation agency of Luxemburgo, Luxinnovationand the prominent technology hub Dubai Internet City They have forged a strategic alliance to boost innovation, foster cross-border collaboration, and facilitate access to new markets for technology-based companies. This agreement establishes a direct business bridge between two of the most dynamic ecosystems in their respective regions.

The main objective of this collaboration is to create opportunities for the startups, scaleups and technology companies of Dubái interested in exploring the European market. Through this agreement, they will be able to use Luxemburgo as a base of operations, leveraging its innovation ecosystem, international connectivity, and strategic position within the Unión Europea. Luxinnovation and its partners will offer personalized support to analyze the feasibility and facilitate the implementation of these companies.

Reciprocally, Dubai Internet City, which is part of the ten sectoral business districts of TECOM Group PJSC, will provide support and guidance to innovative companies in Luxemburgo that seek to establish themselves in its ecosystem. The goal is to guarantee an agile and efficient process for starting operations in Dubái, positioning itself in the market of Oriente Medio.

Voices of the protagonists

Ammar Al MalikExecutive Vice President of Sales at TECOM Group and General Director of Dubai Internet CityHe emphasized the strategic importance of the agreement.Dubai Internet City "It serves as a gateway for technology companies seeking to access new markets, opportunities, and partnerships," he said. "Our partnership with Luxinnovation This reflects a shared commitment to supporting collaboration and knowledge sharing. By strengthening ties between organizations in both markets, we are creating new opportunities for businesses to connect and grow, in line with the objectives of the Dubai Economic Agenda D33».

For its part, David FoyDirector of International Business Relations – Digital Economy at LuxinnovationHe emphasized the value of collaboration. “By connecting the innovation ecosystems of Luxemburgo y Dubái, this collaboration with Dubai Internet City "It will create opportunities for knowledge sharing, business connections, and collaborative innovation initiatives that can benefit organizations in both markets," he explained.

Key Details of the Strategic Alliance
Entity Role in the agreement Main goal
Luxinnovation National Innovation Agency of Luxemburgo To facilitate companies in Dubái access to the European market.
Dubai Internet City Technology hub of TECOM Group en Dubái Offering companies Luxemburgo an entry platform in Oriente Medio.

This initiative seeks to combine the position of Luxemburgo as a gateway to Europa with the role of Dubai Internet City as a leading technology center in Oriente Mediothus creating new avenues for innovation and international collaboration in the technology sector.

Coexia®

AI in the foreign trade

Hi! I'm Coexia. How can I help you today with your internationalization strategy?
Coexia AI of foreign trade