Latest news with #WGS)2025
Emirates 24/7
13-02-2025
- Business
- Emirates 24/7
Hamdan bin Mohammed meets with Chairman of Alibaba Group
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, today met with Joseph C. Tsai, Co-founder and Chairman of Alibaba Group, a leading multinational conglomerate specialising in e-commerce, retail, Internet, and technology. During the meeting, held on the sidelines of the World Governments Summit 2025, HH Sheikh Hamdan highlighted Dubai's strategic focus on fostering collaboration with leading global technology-driven enterprises that are shaping the future of digital economic ecosystems. His Highness noted that Dubai's advanced digital infrastructure, progressive policies, and growing status as a global trade and innovation hub make it an ideal destination for international technology and e-commerce firms looking to expand their business and international reach. Strengthening partnerships with leading global players like Alibaba is vital to Dubai's vision of becoming a a global leader in the digital economy and achieving the Dubai Economic Agenda D33's goal of generating AED100 billion annually from digital transformation projects, he added. The discussion explored the evolving landscape of digital commerce, AI-driven advances in the retail industry, and new financial technologies, as well as the role of smart logistics in accelerating business growth. Both sides shared insights on how advanced technologies can enhance trade and economic resilience, and contribute to sustainable growth. The meeting was attended by His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; and His Excellency Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA). The Co-founder and Chairman of Alibaba Group took part in a fireside chat on the future of artificial intelligence and its evolving role in driving economic growth held today at the World Governments Summit (WGS) 2025. Follow Emirates 24|7 on Google News.
Hi Dubai
13-02-2025
- Politics
- Hi Dubai
Future of Education Forum at WGS 2025 Explores Transformative Learning Models
Dubai hosted the Future of Education Forum as part of the World Government Summit (WGS) 2025, held from 11–13 February under the theme 'Shaping Future Governments.' The forum brought together education ministers, global policymakers, and experts to discuss transformative education models in the digital age. The event served as a global platform for knowledge exchange, focusing on expanding education access, fostering international collaboration, and leveraging AI-driven digital solutions to enhance learning experiences. Discussions revolved around equipping future generations with the skills needed for a rapidly evolving world and addressing workforce transformations through innovative education strategies. Dr. David Sengeh, Prime Minister of Sierra Leone, opened the forum, emphasizing the vital role of education in national development. He stated, 'Education must stand at the top of all as our greatest priority. It is not just a policy choice—it is the foundation of progress, stability, and opportunity.' He highlighted the need for radical inclusion, ensuring quality education for all despite challenges. The forum featured five key sessions and two ministerial roundtables, with participation from 50 distinguished speakers, including 20 education ministers and over 300 attendees. Key discussions included aligning education with future workforce demands, the role of AI in learning models, and improving access to education in underserved communities. Alternative education pathways and digital credentials were also explored as tools for lifelong learning and skills development. A session on 'Redefining the Role of the Teacher' examined the evolving responsibilities of educators in the digital age, emphasizing their contributions to economic growth and national productivity. Experts debated integrating digital expertise into formal education frameworks to complement traditional teaching methods. Two ministerial roundtables complemented the discussions. 'The Future of Education' gathered over 50 global leaders to explore education as a strategic investment, while 'Accelerating Access to Education and Skills in Africa' focused on expanding educational reach through digital learning and partnerships. WGS 2025 continues to serve as a global hub for leaders and experts, fostering collaboration and policy co-creation to ensure a sustainable and inclusive future for education worldwide. News Source: Emirates News Agency
Hi Dubai
12-02-2025
- Business
- Hi Dubai
UAE Ministry of Finance Hosts High-Level Discussions at WGS 2025
The UAE Ministry of Finance (MoF) inaugurated the World Government Summit (WGS) 2025 with two high-profile panel discussions focused on multilateral cooperation and economic resilience. Held from February 11 to 13 in Dubai, the summit convened global policymakers, financial experts, and senior officials to explore strategies for fostering economic stability and growth. Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, emphasized the UAE's commitment to strengthening international financial collaboration. 'With the growing global economic challenges, there is a need to reshape multilateral cooperation mechanisms and boost coordination between financial institutions and governments,' he stated. He highlighted the role of fiscal policies, sustainable investments, and financial technologies in ensuring economic resilience. In collaboration with the International Monetary Fund (IMF), the MoF hosted a session titled 'Reimagining the Future of Multilateral Cooperation and the Fund for the Future.' The discussion, featuring Al Hussaini, IMF Managing Director Kristalina Georgieva, and key finance ministers, addressed economic inequality, climate change, and geopolitical challenges. Participants underscored the necessity of innovative financing mechanisms and an expanded global financial safety net to support developing economies. Another session, 'Enhancing Resilience: Shaping the Future of the GCC Economy Amid Regional and Global Challenges,' was co-hosted with the GCC General Secretariat. UAE Minister of Economy Abdullah bin Touq Al Marri, Bahrain's Minister of Finance Sheikh Salman bin Khalifa Al Khalifa, and other key figures examined economic diversification, sustainable trade policies, and public-private partnerships as drivers of regional stability. On February 12, the MoF, in partnership with the Arab Monetary Fund, will lead a discussion on ' The Role of PPPs in Driving Innovation in Social Infrastructure.' Featuring industry leaders, the session will explore how public-private partnerships can enhance critical sectors like healthcare and education, promoting sustainable development and economic innovation. News Source: Emirates News Agency
Emirates 24/7
11-02-2025
- Business
- Emirates 24/7
Mohammed bin Rashid meets with President of Colombia at World Governments Summit 2025
His Highness Sheikh Mohammed bin Rashid Al Maktoum,Vice President and Prime Minister of the UAE and Ruler of Dubai, today met with Gustavo Petro Urrego, President of Colombia, at the World Governments Summit (WGS) 2025. The Summit, which began in Dubai on Tuesday, runs until 13 February under the theme 'Shaping Future Governments'. His Highness welcomed President Urrego's participation in WGS 2025, where he is set to deliver a keynote address on the second day of the Summit. The meeting was attended by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE; H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of Dubai Media Council; H.H. Sheikh Mohammed bin Rashid bin Mohammed bin Rashid Al Maktoum; Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and Chairman of the World Governments Summit Organisation; and Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation. The meeting discussed ways to enhance bilateral relations between the UAE and Colombia and explored opportunities to broaden cooperation across various sectors. H.H. Sheikh Mohammed reaffirmed the UAE's commitment to strengthening global cooperation and enhancing government efficiency and innovation. He highlighted that strong collaboration among nations enables government leaders to develop effective strategies to navigate global changes, ensuring sustainable development and prosperity for future generations. H.H. also highlighted that the World Governments Summit plays a vital role in facilitating global dialogue and the exchange of ideas and perspectives, paving the way for new opportunities for governments worldwide and contributing to the advancement and wellbeing of societies. President Urrego praised the strong ties between the UAE and Colombia and their shared commitment to advancing international cooperation and strengthening governance frameworks to address developmental priorities and economic challenges. He also commended the Summit's influential role in shaping the future of governance and its contribution to addressing critical global issues. WGS 2025 brings together over 30 heads of state and government, more than 80 international and regional organisations, and 140 government delegations. The Summit's agenda includes 21 global forums addressing key future trends and transformations, over 200 interactive sessions featuring more than 300 prominent speakers—including presidents, ministers, experts, and decision-makers—and over 30 ministerial meetings and roundtables attended by more than 400 ministers. The Summit will also release 30 strategic reports in collaboration with leading international knowledge partners. Follow Emirates 24|7 on Google News.
Emirates 24/7
11-02-2025
- Business
- Emirates 24/7
MoF organises 3 panel discussions at WGS 2025
The Ministry of Finance (MoF) organised two high-level panel discussions on the opening day of the World Government Summit (WGS) 2025, taking place from 11th to 13th February in Dubai. The sessions brought together global policymakers, financial experts, and senior officials to explore strategies for strengthening multilateral cooperation and enhancing the resilience of Gulf economies. The two sessions discussed ways to promote international financial collaboration, address the evolving economic landscape, and identify innovative solutions to global challenges. Participants talked about strategies to develop sustainable financial policies that enhance stability, growth, and economic resilience in an era of rising global uncertainty. Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, emphasised that the UAE is committed to strengthening international cooperation and building a more resilient financial system. 'With the growing global economic challenges, there is a need to reshape multilateral cooperation mechanisms and boost coordination between financial institutions and governments,' he said. 'This summit provides a platform to innovate solutions that support economic stability and inclusive growth.' He added that in light of current geopolitical and economic changes, a comprehensive approach is very much needed to enhance economic resilience, combining effective fiscal policies, sustainable investments, and innovative financial technologies. 'With its ambitious economic strategy, the UAE will continue to play a pivotal role in supporting global efforts, while also enhancing financial governance, providing an attractive investment environment, and utilising modern technology to develop more efficient financial systems,' he said. 'Through this summit, we look forward to exchanging experiences and strengthening cooperation with our global partners. This will further solidify the UAE's position as a leading global hub for financial and economic dialogue.' In collaboration with the International Monetary Fund (IMF), the Ministry of Finance hosted a session titled 'Reimagining the Future of Multilateral Cooperation and the Fund for the Future.' The session featured Mohamed bin Hadi Al Hussaini and Kristalina Georgieva, Managing Director of the IMF, alongside finance ministers, international officials, and economic experts. The session explored the challenges facing the multilateral cooperation system, including rising nationalist and geopolitical trends, climate change, and economic inequality. Participants highlighted the need for innovative financing mechanisms and an expanded global financial safety net to address economic crises and support developing countries. Moderated by Dr. Jihad Azour, Director, Middle East and Central Asia Department, IMF, the session explored topics such as the role of technology in strengthening financial systems, aligning global networks to protect against economic crises, and building sustainable frameworks for debt management in countries with vulnerable economies. The session concluded with recommendations to enhance international cooperation, restructure financial systems for inclusivity, and support developing economies in facing global challenges. Additionally, the Ministry of Finance, in partnership with the GCC General Secretariat, hosted another session titled 'Enhancing Resilience: Shaping the Future of the GCC Economy Amid Regional and Global Challenges.' The session brought together key decision-makers and economic experts to discuss the most pressing economic challenges facing the GCC and explore opportunities for economic resilience and long-term sustainable development. Speakers included Abdullah bin Touq Al Marri, UAE Minister of Economy; Sheikh Salman bin Khalifa Al Khalifa, Bahrain's Minister of Finance and National Economy; Jasem Mohamed Al Budaiwi, Secretary-General of the GCC; and Kristalina Georgieva. During the session, Al Marri outlined the evolving global economic landscape, emphasising the need to adapt to a multipolar economic order. He shed light on the future of trade and supply chains, stressing the importance of building resilient and sustainable systems. Al Marri also provided an overview of 'We the UAE Vision 2031,' which aims to drive economic diversification and innovation, reinforcing the country's status as a global hub for trade and investment. He called for deeper cooperation and integration among GCC countries to unlock shared growth opportunities and advance sustainable economic development across the region. Meanwhile, Sheikh Salman bin Khalifa Al Khalifa emphasised the importance of adopting flexible financial policies to address global disruptions. He outlined lessons learned from managing debt and public spending during times of crisis and economic shocks, highlighting the key role of public-private partnerships in accelerating growth and economic diversification. For his part, Jasem Al Budaiwi discussed opportunities for regional integration as a key driver for enhancing the competitiveness of GCC member states. He emphasised the importance of cooperation in trade policies and infrastructure development to strengthen economic ties across the region. Moreover, Kristalina Georgieva provided a comprehensive analysis of global economic transformations. She discussed how macroeconomic trends including inflation, interest rate dynamics, trade disruptions, and geopolitical tensions are impacting the economies of GCC countries. On the second day of the summit, the Ministry of Finance, in partnership with the Arab Monetary Fund, will host a session titled " The Role of PPPs in Driving Innovation in Social Infrastructure." The discussion will feature a distinguished lineup of speakers, including Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; Sharif Salim Al-Olama is the Undersecretary for Energy and Petroleum Affairs in the Ministry of Energy and Infrastructure, Fahad M. Alturki, Director General Chairman of the Board, Arab Monetary Fund, Imad Fakhoury, Global Director for Infrastructure Finance and PPP of World Bank Group and Abdulfattah Sharaf, Chairman of the Board of HSBC Bank Middle East Limited (HBME). The session will explore how public-private partnerships (PPPs) can accelerate the implementation of development strategies in social infrastructure, with a particular focus on key sectors such as healthcare and education. It will highlight how innovation from the private sector can be harnessed to improve the quality of essential services, directly enhancing community well-being. Additionally, the gathering will discuss ways to integrate global best practices, develop successful partnership frameworks, and promote innovation in critical sectors to ensure sustainable development and maximise the impact of collaboration between the public and private sectors. Follow Emirates 24|7 on Google News.
