UAE to establish Fourth Industrial Revolution hub

UAE to establish Fourth Industrial Revolution hub
Photo used for representative purpose only

dubai - The centre supports the government's efforts to empower a generation of experts in cutting-edge technologies

Published: Wed 24 Jan 2018, 5:35 PM

Last updated: Wed 24 Jan 2018, 7:41 PM

Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, vice-chairman of the board of trustees and managing director of the Dubai Future Foundation, and Professor Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), signed a memorandum of understanding to establish a Fourth Industrial Revolution Centre in the UAE.

Al Gergawi and Schwab also signed a second agreement to develop the Fourth Industrial Revolution Data Protocol, with the UAE government to synchronise efforts in the sector. The agreement sets regulatory frameworks to ensure a smooth rollout of the 4IR Protocol and its components.

Al Gergawi said the establishment of the centre bolsters the UAE's leading position and its role in foreseeing the future and developing advanced instruments and solutions to address its challenges. The centre supports the government's efforts to empower a generation of experts in 4IR technologies and to promote these cutting-edge innovations.

He added that the Fourth Industrial Revolution Protocol is a global roadmap that seeks to ensure the well-being of the community. Developed by the UAE government, the protocol seeks to establish an integrated and secure data ecosystem to expedite the implementation of 4IR technologies as solutions specifically engineered to address the challenges brought about by the rapid technological advancements.

The Fourth Industrial Revolution is one of the most significant technological upheavals the world has ever seen, with wide-reaching effects that far exceed the impact of previous industrial revolutions. The 4IR blends physical, digital and bio-technologies to produce unprecedented services that transform aspects of people's everyday life - especially employment, science, energy, society, politics and economics. - Wam

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