Abu Dhabi Hub71 signs memorandum of understanding with MTR Lab

AASTOCKS
2025.09.19 07:19

Abu Dhabi's global technology ecosystem Hub71 announced at the Investopia Hong Kong Forum the launch of the "Hub71 Startup Experience Program," aimed at assisting late-stage Hong Kong startups in entering Abu Dhabi's technology ecosystem, using Abu Dhabi as a base to expand regional business and enter global markets.

Hub71 signed three memoranda of understanding with Hong Kong Cyberport, MTR Lab under MTR Corporation, and the Hong Kong-Shenzhen Innovation and Technology Park. These agreements will facilitate startups from the UAE and Hong Kong to establish operations in each other's jurisdictions and quickly obtain funding. The three memoranda of understanding will help incubate the most dynamic young enterprises, thereby enhancing the vitality and competitiveness of the business ecosystems in both the UAE and Hong Kong