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UAE global hub for future industry: VP
November 11, 2017
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DUBAI: The UAE Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, has asserted that the United Arab Emirates has become a global hub for the future industry and an established platform to forecast upcoming challenges in a world where the Fourth Industrial Revolution technologies are opening new horizons.

Remarks by His Highness Sheikh Mohammed Bin Rashid came on the eve of the second Annual Meetings of the Global Future Councils (AMGFC), which will kick off today in Dubai in partnership between the UAE Government and the World Economic Forum, WEF - Davos.

The two-day event will see the participation of over 700 scholars and future experts from 75 countries. Attendees will convene in 35 councils, each of which will address key issues in a strategic sector, and work to propose practical solutions for the challenges that are likely to arise.

His Highness Sheikh Mohammed said that forecasting the future has proved pivotal for successful government work and for empowering citizens, and it is no longer just study material in research centres and academic institutions.

The second edition of the Future Councils gathers a high-profile group of researchers and experts in future-centric sciences to look into the future of 35 strategic sectors. These include the Fourth Industrial Revolution, artificial intelligence, robotics, biotechnology, energy, water, technology, transport, space travel, health, and high-tech education, among others.

Building on the UAE’s status as a global hub for the future industry, the event provides a platform for attendees to exchange knowledge, expertise, best practices and success stories in order to develop proactive solutions to the challenges in the near, medium and long-term.

The Councils’ outcomes are the valuable raw material that governments around the region and the world can use in developing their strategies and programmes for the future.

Seven hundred leading experts from around the world will participate in the second Annual Meeting of the Global Future Councils on 11-12 November in Dubai.

The meeting, one of four annual meetings held by the World Economic Forum throughout the year, convenes experts and stakeholders from diverse disciplines to develop strategies to help the world prepare for a future defined by rapid technological change.

In addition to developing a vision for a sustainable and human-centred world, members of the 35 Global Future Councils will interact and collaborate with leaders from the United Arab Emirates.

Building on an announcement at the Annual Meeting of the Global Future Councils 2016 that the United Arab Emirates aims to become a leading nation in the Fourth Industrial Revolution, the country launched a national strategy in September and will seek to build on this process during this year’s meeting.

Convening under the theme, The Globalization of Knowledge in a Fractured World, council members will seek solutions and develop ideas to foster international cooperation and shared responses to global challenges.

To this end, the Forum will make available to the public for the first time its Transformation Maps, a proprietary digital knowledge tool that has been developed to further understanding of more than 100 global issues, countries and industries and their interconnections.

“The Fourth Industrial Revolution will have a disruptive impact on business models, the economy, society and each individual. To shape a positive outcome of this revolution, the World Economic Forum has created the Annual Meeting of the Global Future Councils to convene the foremost global thinkers to accelerate the positive impact of this revolution,” said Klaus Schwab, Founder and Executive Chairman, World Economic Forum.

“The Fourth Industrial Revolution is already having a profound effect on societies and economies: as we look to build a future for our country and for the world, it is essential that we embrace these forces of transformation and use them in ways that help us emerge stronger and better adept at advancing the interests and well-being of our people. By harnessing relevant forces of change and focusing on the active roles of citizens and younger generation aspirations exciting outcomes of the 4th Industrial Revolution will be realized. The Annual Meeting of the Global Future Councils is about drawing on world-class knowledge and applying it in ways that help us meet these goals,” said Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future of the United Arab Emirates.

WAM

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