(MENAFN- Khaleej Times) The World Economic Forum's Summit on the Global Agenda, starting today, aims at shaping the transformation of the world and will discuss the most pressing and critical global challenges including economic, political, social and climate change.
This year's summit marks the fifth time that it will have been held in Dubai, and the seventh successive year it will have been hosted in the UAE. It also comes at a critical juncture in global, regional and industry agendas, as instability and disruption continue to pose unprecedented challenges to world leaders.
Held in partnership with the Government of the UAE, the co-chairs of the summit are UAE Minister of Economy Sultan bin Saeed Al Mansouri and Department of Economic Development Director-General Sami Al Qamzi.
"The summit" has now become the definitive brainstorming event in the world that brings together some of the brightest minds who work towards addressing the global challenges we face today," Al Mansouri told reporters during a news conference on Saturday in Dubai.
"The world faces new challenges today in the form of renewed political volatility, new forms of extremism and refugee crisis as well as health concerns. There are yet other persisting challenges such as unemployment and food security as well as concerns about climate change and its impact. While some of these may seem to be issues of concern confined to certain regions and countries, the fact is that in an interconnected world we are all affected by them in some way or the other," the minister explained.
The summit convening more than 1,000 globally recognised experts from academia, government, business, civil society and the media under the theme: 'Shaping the Transformations of the World'.
"In today's world we cannot function in isolation, which is why the Summit on Global Agenda has assumed such relevance. By hosting the summit, the UAE is presenting to the world our own initiatives and strategic approaches in sustaining our growth momentum. As the UAE brainstorms for a better world, sharing the success of the UAE in creating a growth environment will be invaluable in finding effective solutions to crisis situations and redefining the world's development agenda," Mansouri explained to media.
Al Qamzi added: "We see the summit" as an endorsement of Dubai's role in generating transformational ideas that will shape a brighter and more inclusive tomorrow. As we host this summit in Dubai once again, we see this as an opportunity to showcase our growth model before the world. We feel this is the perfect platform to inspire other emerging economies to make sincere efforts towards generating prosperity and happiness in their societies."
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