Prognica Labs partners with Ajman University to boost Higher Education in the UAE

Prognica Labs, an AI-powered healthtech company, has announced a collaborative research and education agreement with Ajman University (AU), an internationally recognized institution of higher education and research in UAE, to advance research and innovation in medical and technology.

In today’s economic environment, a collaboration between universities and industry is increasingly perceived as a vehicle to enhance innovation through knowledge exchange, according to Dr. Kamran Arshad, Dean of Graduate Studies and Research, AU. This Industry-University collaboration provides the perfect foundation for innovation.”

"University-Industry partnerships are becoming increasingly important to help students gain the leadership and entrepreneurial skills needed to create innovation and generate solutions to emerging social challenges of the 21st century", he added.

"This collaboration is meant to give a boost to knowledge exchange and transfer in the area of engineering, medical science, technology innovation, and entrepreneurship. It is also intended to mentor students and faculty, empower and implement their ideas." – Dr. Arshad stated.

Writing research papers and/or research-based books that can be published in various journals, conducting seminars, cohorts, idea competitions for students and faculty, are further realms of this partnership, he elaborated. “Young researchers will be receiving assistance in identifying the characteristics of the economic environment under this agreement.”

Dr. Arshad said factors, such as competition amongst emerging economies, and increasingly complex technological developments make the landscape simply too volatile.“The university world can see the benefits of looking beyond the theoretical and taking an active role in overseeing the transfer of new knowledge into practical applications.”

Our education system is responsible for preparing young people to build successful lives. They should be ready for the wide range of possibilities ahead of them, including working for others, starting their own ventures, and contributing to their communities. All of these options require a depth of knowledge in their chosen discipline, as well as creative problem-solving skills, leadership abilities, experience working on effective teams, and adaptability in an ever-changing environment.

Despite the current crisis, H1 2020 has seen $659M invested in MENA-based startups, which is already 95% of total funding full-year 2019. Discover more data, including country and industry trends by purchasing our H1 2020 MENA Venture Investment Report