On March 02, 2021, Etihad announced that it signed a Memorandum of Understanding (MOU) with Hub71- a flagship initiative of Ghadan 21. The collaboration will make Etihad an official airline partner of Hub71. Both the companies have aimed to provide aid to more than 100 startups in the tech to uplift them. Along with that, those companies associated with the booming Hub71 will have access to Eithad’s award-winning products and services with exclusive discounts.
In the press release, the Chief Operating Officer of Etihad Aviation Group- Mohammad Al Bulooki said, “Etihad is looking forward to collaborating with Hub71, a flagship initiative of Ghadan 21, Abu Dhabi’s accelerator programme.”
He further added that together, both entities will play a vital role in supporting the Emirate’s development by investing in business, innovation and people. Also, the MOU will support the government’s efforts in diversifying the economy by rewarding businesses who choose to develop innovative technologies in Abu Dhabi.
Also, the tech- startups in Abu Dhabi associated with Hub71 will get different opportunities and mentorship programs to launch innovation-driven activities. Once the airline will step into the ecosystem of Hub71 through the partnership it will engage with its startup founders, a fast-growing community and a global network of partners.
Mohammad Al Bulooki also added that Etihad was looking forward to working with Hub71’s global pool of innovators to actively source support and enable the rapid trail and production of permission solutions for the aviation industry.
Meanwhile, the Chief Executive Officer of Hub71- Hanan Al Yafei said that as the world is opening up and getting connected, the relation with Etihad will be vital for their growing community of startup founders. In this way, they will be in a position to export their innovative products and services in the global markets.
He further clarifies that their strategic partnership with Etihad Airways will help to reflect the value they put in unlocking global opportunities from Abu Dhabi. Also, they will focus on the aviation industry and bring bold new ideas and innovations through technology-driven businesses.
We can expect new innovation growth in Abu Dhabi both in technology and aviation from this new partnership.