Assistant Undersecretary of the Kuwaiti Ministry of Information for Media Services and New Media Sector Saad Al-Azmi stressed Monday the need of economic diversity through varied programs like artificial intelligence (AI) and innovation as well as others.
Delivering a speech on behalf of Minister of Information and Culture Abdulrahman Al-Mutairi during the fifth virtual Gulf conference on backing innovation and AI, Al-Azmi said it is imperative to enhance innovation for economic growth through establishing a complete system by providing smart funding, building capabilities and encouraging partnerships.
Al-Azmi said that it is also necessary to share knowledge among entrepreneurs and small and medium-sized companies to achieve the goals of the 2021-2026 Ministry’s strategy in this regard.
He also called for encouraging direct investment in research and development, and supporting outcomes of innovation like inventions and registering patents.
Meanwhile, Dr. Hanadi Al-Mubaraki, head of the conference, said
Kuwait, in light of its 2035 vision, has become an international capital of thought leadership and a pivotal destination for innovation and entrepreneurship as well as sustainable development.
The three-day conference is featuring 150 regional, Arab and Gulf experts who discuss innovation system and AI.
Source: Kuwait News Agency