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Department of Economic Development signs an agreement with New York University, Abu Dhabi

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Department of Economic Development signs an agreement with New York University, Abu Dhabi

Monday, March 22, 2010
Abu Dhabi's Department of Economic Development (DED) signed a Memorandum of Understanding on behalf of ADERA (Abu Dhabi Economics Research Agency), with New York University Abu Dhabi (NYUAD). The agreement establishes NYUAD as one of the first of ADERA’s Research Affiliates. The agreement will allow researchers from both the New York and Abu Dhabi campuses of New York University to apply for research funding from ADERA.H.E. Mohammed Omar Abdullah, Undersecretary of the DED and Dr Mariët Westermann, Provost of NYUAD signed the MOU, in a ceremony which took place at the university campus in Abu Dhabi and was attended by high officials from DED and NYUAD, as well as distinguished economists from around the world.H.E. Mohammed Omar Abdullah said at the signing ceremony “this agreement is an essential step towards knowledge sharing, and I am confident that the university’s contribution will enrich the quality of the research studies funded by ADERA”.Mariët Westermann said: “Ensuring that NYU Abu Dhabi contributes to Abu Dhabi’s intellectual life, particularly in the creation of research that is highly relevant to the city, the UAE, and the greater Middle East region, is a serious commitment for the university, and we are pleased to partner with ADERA in this effort.ADERA was officially launched by the DED in December 2009 and aims to significantly enhance the global economics research base relevant to the GCC, and Abu Dhabi in particular, through a system of research grant funding to its Research Affiliate institutions throughout the world. ADERA research grants will be allocated on a competitive basis through international peer review. NYUAD is a highly selective liberal arts and sciences college and a world center for advanced research and scholarship, integrated and connected through technology to NYU New York. It will welcome its first class of students this fall.
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