Davos, Switzerland – During the second day of the World Economic Forum annual meeting in Davos, the UAE Government signed a number of partnerships and agreements with the World Economic Forum, aiming to enhance the framework of cooperation and joint efforts in strategic sectors and areas of global interest.
The agreements were unveiled during a high-level meeting between Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, and Prof. Klaus Schwab, WEF Founder and President, on the sidelines of the annual meeting.
Trade-tech Initiative
The Ministry of Economy of the UAE and The Department of Economic Development of Abu Dhabi signed a grant agreement with the World Economic Forum, regarding the organisation of an annual forum for TradeTech Global: Catalyzing trade technology deployment). The collaboration will include Research and Dialogue, Policy Incubation and Reform and Implementation.
Global Future Councils
The UAE signed a framework agreement with WEF about the Global Future Councils, to be organised in the UAE, Dubai in October 2023.
Second day’s sessions
During the second day’s activities, Huda Al Hashmi, Deputy Minister of Cabinet Affairs for Strategic Affairs participated in the meeting of the Metaverse Governance Steering Committee. The meeting discussed milestones around the Defining and Building the Metaverse Initiative and the Global Collaboration Village, where members have provided an overview of the Global Collaboration Village, and discussed key past and future GCV milestones.
Klaus also announced WEF’s collaboration with the Government of the United Arab Emirates to organize the Annual Meeting of the Global Future Councils 2023 (AMGFC23), to be held in Dubai, from October 16 to 17.