SPARK boosts links with Russian business community, signs MoU

The Sharjah Research, Technology and Innovation Park (SPARK) and the Russia-UAE Business Council (RBC) have firmed up a partnership that lays the foundation for enhanced research and innovation collaboration between SPARK and leading Russian companies.

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A Memorandum of Understanding was signed between the two sides during the Russia-UAE Business Forum in Dubai, in the presence of Abdullah Bin Touq Al Marri, UAE Minister of Economy and Tourism, and Anton Alikhanov, Minister of Industry and Trade of the Russian Federation, underscoring the strategic importance of this partnership in strengthening bilateral economic and innovation-driven cooperation.

The agreement was signed by Hussain Al Mahmoudi, CEO of SPARK, together with senior representatives from the Russia-UAE Business Council. Both sides emphasized the shared commitment to expanding scientific, technological, and research partnerships across key sectors of mutual interest.

The MoU sets the foundation for enhanced research and innovation collaboration between SPARK and leading Russian entities. It focuses on four strategic innovation pillars that strengthen the technological competitiveness of both countries: advanced technologies and artificial intelligence, smart mobility and transport, advanced manufacturing and technology localization, and smart city and digital infrastructure solutions. The agreement paves the way for joint research projects, knowledge exchange programs, and the entry of Russian technology companies into SPARK's innovation ecosystem through supportive frameworks and investment facilitation.