Future Accelerators: 19 projects worth Dh120m signed

Shaikh Mohammad has instructed government agencies to participate in the Dubai Future Accelerators programme.Dubai: A total of 19 pilot projects worth Dh120m were signed at the end of the first session of Dubai’s Future Accelerators Programme (DFA), the government said on Sunday.These projects will be carried out under the supervision of seven government entities within seven different strategic sectors.Fourteen of the international companies taking part in the programme have decided to relocate their headquarters to Dubai — most notably, Hyperloop One, which shows the UAE’s newfound attractiveness among blue chip companies. Until recently blue chips opted to set up shop in established innovative environments such as Silicon Valley in the US.The pilot projects are expected to create 135 job opportunities in Dubai over the next three months, which is projected…

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