Hamdan bin Mohammed attends signing of an agreement to establish the Centre for the Fourth Industrial Revolution in the UAE

January 23, 2019  

Tuesday, January 22, 2019

Crown Prince of Dubai and Chairman of Dubai Executive Council His Highness Sheikh Hamdan bin Mohammed attended the signing of an agreement to establish the Centre for the Fourth Industrial Revolution in the UAE. His Highness Sheikh Hamdan is leading UAE delegation to World Economic Forum.

UAE Minister of Cabinet Affairs and the Future and Vice Chairman of the Board of Trustees and Managing Director of Dubai Future Foundation HE Mohammed Abdullah Al Gergawi and Founder and Executive Chairman of the World Economic Forum Professor Klaus Schwab signed the agreement.

The Centre will develop mechanisms, plans and applications for the Fourth Industrial Revolution in the UAE. The Centre will also contribute in adopting latest technologies and best practices to boost UAE’s efforts to become a global model in confronting future challenges the utilizing the Fourth Industrial Revolution’s tools to enhance quality of life and serve the community.

The 4th Industrial Revolution Centre will be established at Area 2071 at Emirates Towers, Dubai. The Centre is the first of its kind in the region and will join an affiliation of other centres in the USA, Japan, India and China.

HE Mohammed Al Gergawi said: “Selection of the country to host the 4IR Centre goes in harmony with the UAE Strategy for the Fourth Industrial Revolution, which is aimed at establishing a competitive innovation and knowledge - based economy in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to utilise new technologies and the tools of the 4IR to develop efficient solutions to the significant challenges besetting key sectors like education, health, food security and renewable energy.”

The World Economic Forum (WEF) is a global platform for leaders of countries and heads of government. This year, more than 3,000 participants from around the world represent business leaders, entrepreneurs, economists and financial experts, government and private sector representatives and universities. The forum addresses the challenges of the fourth industrial revolution era in terms of advanced technology, such as artificial intelligence, robotics, fine medicine, self-driving vehicles, internet things and others, and reviews the frameworks of understanding the transformational power of the Fourth Industrial Revolution.


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