Abu dhabi: Abu Dhabi Investment Office (ADIO) and Bayer have signed a strategic Memorandum of Understanding (MoU) during the state visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to Germany. The agreement aims to explore collaboration in health, life sciences, food security, and innovation ecosystems.
According to Emirates News Agency, the MoU was signed by Mohammad Ali Al Kamali, Chief Trade and Industry Officer for ADIO, and Matthias Berninger, Executive Vice President, Head of Public Affairs, Sustainability and Safety for Bayer. The signing was witnessed by Mohammad Abdulrahman Alhawi, Undersecretary of the UAE Ministry of Investment, and Hamad Sayah Al Mazrouei, Undersecretary of Abu Dhabi Department of Economic Development.
The agreement outlines a framework for identifying opportunities that leverage Bayer's scientific capabilities and Abu Dhabi's innovation ecosystem. Key areas of collaboration include agriculture and food security, healthcare innovation, health and food security philanthropy, and engagement with Abu Dhabi's research institutions and technology programmes.
The partnership supports the development of ADIO's Health, Endurance, Longevity and Medicine (HELM) and AgriFood Growth and Water Abundance (AGWA) clusters. This initiative is set to bolster Abu Dhabi's role as a global hub for healthcare innovation and advanced life sciences, while also advancing the UAE's food security goals.
Through this strategic alliance, ADIO and Bayer aim to enhance knowledge exchange and build connections across stakeholders to develop future initiatives that contribute to resilient and sustainable health and food systems.