UAE, WEF to boost future cooperation

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The UAE government and the World Economic Forum (WEF) have teamed up to explore future opportunities and mobilise partnerships to address global challenges.

A sustainable strategic partnership agreement has been signed on the sidelines of the WEF Annual Meeting in Davos.

The UAE-WEF Sustainable Global Strategic Partnership was unveiled during a high-level meeting between Mohammad bin Abdullah Al Gergawi, UAE Minister of Cabinet Affairs, and Prof. Klaus Schwab, WEF Founder and President.

The pact aims to strengthen the UAE’s national strategies and achieve its future visions across different fields.

It also supports WEF’s objectives by leveraging innovation, technology, artificial intelligence (AI), and Fourth Industrial Revolution solutions and tools across vital sectors.

“The UAE government is committed to designing new work models, which support futureproofing governments and improve societies’ lives as a whole. This can be attained through focus on the foundations of proactive strategic thinking, comprehensive plans and renewable systems to design and advance future policies in line with the global developments,” said Mohammad Al Gergawi.

Prof. Klaus Schwab praised the joint efforts of the UAE and the forum, which contribute to strengthening the global capability to deal with challenges at various levels by utilising technology and innovation.

“The United Arab Emirates shares a remarkable vision of innovation for the global common good. The World Economic Forum is proud of our many partnerships together which aim to mobilise public and private sector action to address global food security, climate resiliency, trade innovation and responsible technology innovations as some of the world’s most challenging issues,” said Schwab.

The UAE-WEF strategic sustainable global partnership agreement strives to support and boost cooperation and integration through four main pillars: the Centre For The Fourth Industrial Revolution UAE; reinforcing public-private sectors partnerships; supporting the participation of UAE ministers and government officials in meetings, conferences and events organised by WEF regionally and globally; and launching a special summit that focuses on future opportunities and defining challenges for which the world must prepare.

The UAE government also signed a strategic partnership agreement that focuses on organising the annual meetings of the Global Future Councils, in partnership with the World Economic Forum, in the next two years.

These meetings will host more than 300 government officials, experts and specialists to discuss new trends and future changes in 20 major councils.

The UAE is participating in the World Economic Forum with a high-level delegation, which includes a number of ministers and officials in the federal government, and senior officials in the government of Abu Dhabi and the government of Dubai.