Maktoum Bin Mohammed Engages With Eaton President Paolo Ruiz On Smart Energy Management And Sustainability
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, recently met with Paolo Ruiz, President and Chief Operating Officer of Eaton. Eaton is a global leader in smart power management technologies. The meeting aimed to strengthen cooperation between the UAE and leading global firms to promote innovation, sustainability, and technological transformation.
The discussions focused on investment opportunities in smart energy management and potential partnerships for developing innovative solutions. These efforts support energy efficiency and accelerate the transition to sustainable energy. This aligns with the UAE's vision of achieving carbon neutrality and enhancing its competitiveness as a global hub for green technology investments.
H.H. Sheikh Maktoum stressed the UAE's commitment to strengthening partnerships with major global companies across strategic sectors, particularly smart energy management and sustainability. Under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE aims to enhance these collaborations.
He highlighted the importance of building lasting relationships with companies that have proven their ability to be influential in various sectors worldwide. "We believe that exploring synergies with leading global companies such as Eaton is a crucial aspect in fulfilling our goal of transitioning to a sustainable economy based on knowledge and innovation," he stated.
Paolo Ruiz expressed admiration for Dubai's ambitious approach towards innovation while maintaining a flexible business environment. He affirmed Eaton's commitment to expanding operations in the region and supporting the UAE's sustainability goals, digital transformation, and smart energy initiatives.
Eaton is renowned for its expertise in energy management, offering integrated smart solutions that enhance industrial operations' efficiency, smart infrastructure, and renewable energy applications. The company operates in over 175 countries globally.
Strategic Partnerships
The meeting also underscored Dubai’s focus on investing in resilient infrastructure and creating a stimulating business environment that aligns with global changes. This approach aims to attract entrepreneurs and advanced technologies, aligning with the objectives of the Dubai Economic Agenda D33.
The meeting was attended by key figures including Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA); Hadi Badri, CEO of the Dubai Economic Development Corporation; and Abdulla bin Damithan, Managing Director and CEO of DP World UAE and Jafza.
With inputs from WAM
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