European companies showcase innovative solutions at GITEX

emirates7 - Nassima Ferahtia, Senior Project Adviser at the European Innovation Council (EIC), highlighted that the council's presence at GITEX Global 2024 in Dubai reflects its dedication to advancing research in emerging technologies and encouraging the exchange of innovative solutions.

Speaking at GITEX, Ferahtia mentioned that 15 European companies are showcasing their cutting-edge technologies, seeking opportunities to collaborate with Emirati and international firms. She also noted that these companies are set to debut at GITEX Africa and GITEX Europe in 2025, expressing pride in representing Europe’s largest deep-tech investor.

Ferahtia emphasized the EIC's critical role in supporting pioneering projects, particularly startups and spin-offs, helping them to develop and scale transformative innovations. She stated that the council's €10.1 billion budget is dedicated to innovation support, technology transfer, and the growth of startups and SMEs.