Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, has emphasised that innovation has become a well-established and effective institutional work culture in the Emirate of Dubai and the UAE.

He said this was the result of an integrated system that aims to provide an appropriate work environment to encourage creative and innovators in various fields, thus contributing to improving innovation levels to new heights.

This came when Sheikh Hamdan opened the Thomson Reuters Innovation Laboratory, which represents a new step in the framework of supporting the Dubai partners' initiative for innovation.

The initiative is aimed at strengthening closer cooperation with pioneering international innovation companies to launch and develop innovative ideas and solutions in line with the vision of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to make Dubai the most innovative city in the world.

Sheikh Hamdan added, "We are keen to establish partnerships with the leading local and international companies and institutions to take advantage of the best experiences and practices in the field of innovation."

Accompanied by Mohammed Abdullah Al Gergawi, Chairman of the Executive Office of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai toured Thomson Reuters' facilities where they were briefed on its various departments and divisions. He expressed his admiration at the professional services provided by Thomson Reuters as well as the role it is playing to support business sector across the world.

Nadim Najjar, Managing Director of Thomson Reuters Middle East and North Africa, said, "We look forward to working closely with the Emirate of Dubai and its key institutions and competent departments to support this strategic partnership."