The two parties discussed prospects for cooperation in ways to enhance the field of entrepreneurship and the promotion of innovation in the Chechen Republic…reports Asian Lite News
Mohammed Ali Al Shorafa Al Hammadi, Chairman of the Abu Dhabi Department of Economic Development and Khalifa Fund, KF, has hosted a delegation led by Khasan Khakimov, Vice Prime Minister of the Chechen Republic and Chairman of Zayed Fund for Innovation and Entrepreneurship.
The two parties discussed prospects for cooperation in ways to enhance the field of entrepreneurship and the promotion of innovation in the Chechen Republic. Moreover, the 2021 Strategic Plan for the Zayed Fund was discussed and approved.
Zayed Fund was established and set up by Khalifa Fund in 2017 in Grozny, the Chechen capital, with a capital of $50 million under the directives of President Sheikh Khalifa bin Zayed Al Nahyan, and Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to support the empowerment of women and youth by developing their entrepreneurial skillset, as well as to contribute to the growth of the local economy.
Also read:Israeli airline to commence direct flights to Bahrain