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Fri 8 Jul 2016 10:01 AM

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Dubai picked to host global 'Shaping the Future' talks

World Economic Forum and the Government of the UAE agree deal for key meeting in November

Dubai picked to host global 'Shaping the Future' talks
WEF founder and Executive Chairman Klaus Schwab.

The World Economic Forum and the Government of the UAE have agreed to renew their collaboration by convening the annual meeting for Shaping the Future on November 13-14 in Dubai.

The agreement will also include the Dubai Future Foundation, a new Dubai-based entity dedicated to science and the future of innovation and exploring the next generation of technology.

The meeting will build on the work of the World Economic Forum’s Global Agenda Councils, which were established in 2008 in cooperation with the UAE.

These councils will be recomposed as Global Future Councils with a mandate to address systemic change in key areas such as energy, mobility, infrastructure, as well as technological breakthroughs in artificial intelligence, biotechnology and other disciplines related to the Fourth Industrial Revolution.

Klaus Schwab, founder and executive chairman of the World Economic Forum, said: “The Fourth Industrial Revolution integrates an array of technologies from the biological to the digital that will affect the future of political, economic and social systems.

"This revolution will change everything, and we have to be prepared for this rapid change. Governments need to be ready to keep pace by adopting the necessary innovations to prepare their citizens and provide them the best services.

"In this regard, the UAE has the long-term vision and the ability to shape the future. It has what it takes to lead an innovative laboratory that shapes future systems on behalf of the world.”

The outcomes of the Annual Meeting for Shaping the Future will inform the World Economic Forum Annual Meeting in Davos-Klosters, Switzerland.