Wednesday , 13 December 2017
Breaking News

UAE ready to become world’s future capital: Sheikh Mohammed

The future is easy to forecast when countries embrace data and technological advances and use them for development, Sheikh Mohammed said

The UAE has what it takes to become the world’s future capital, said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. “It has kept pace with technology and made life easier for people as the world enters its next phase of growth, the Fourth Industrial Revolution,” he said.

The future is easy to forecast when countries embrace data and technological advances and use them for development, Sheikh Mohammed said on the eve of the second annual meeting of the Global Future Councils of the World Economic Forum, (WEF) which begins in Dubai today.

“This data helps in empowering citizens and is no longer just study material in research centres and academic institutions,” he said.

Earlier, speaking to Khaleej Times, Klaus Schwab, Founder and Executive Chairman, World Economic Forum (WEF), hailed the UAE for its innovative ideas and said the country’s visionary leadership has a clear vision for the future.

For over 10 years, he said the UAE has been a hub for WEF’s annual meetings. “Today, here in Dubai, I am proud that our collaboration is entering its most exciting phase yet, and look forward to working with the country and its leaders as they look to build a peaceful, prosperous and sustainable future in the Fourth Industrial Revolution,” Schwab said.

“I am already very satisfied with the contribution they are making to the work of the Forum. In addition to their role as advisory bodies for the Forum’s initiatives, the Councils are increasingly finding ways of collaborating with our new centre for the Fourth Industrial Revolution in San Francisco.”

About Marc Mcilhone

Marc Mcilhone is ArabBrains’ Editor – sourcing news and features content and overseeing the work of the site’s contributors. Marc’s work is informed by his technical background in architecture having worked for some of the UK’s leading practices on projects within the education, healthcare and housing sectors. Marc has a particular interest in how innovators are creating sustainable solutions that have a positive impact on people’s everyday lives.
Please email press releases and news to: editor@arabbrains.com

Check Also

The Big 5: Robots, 3D printing aren’t feasible yet due to cheap labour costs – construction experts

Traditional forms of construction are still the norm in the Middle East as the low …