Latest news with #WorldGovernmentSummit
Yemen Online
2 days ago
- Business
- Yemen Online
UAE reaffirms commitment to promoting GCC Economic Integration at 123rd Ministerial Meeting in Kuwait
The UAE has taken part in the 123rd Ministerial Meeting of the Gulf Cooperation Council (GCC) Financial and Economic Cooperation Committee, held today in Kuwait, bringing together Their Excellencies, the Ministers of Finance of the GCC member states. Led by H.E. Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, the UAE delegation featured H.E. Khalid Ali Al Bustani, Director-General of the Federal Tax Authority (FTA); and Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations. A number of specialists from the Ministry of Finance, the Federal Tax Authority, the Federal Authority for Identity and Nationality, Customs and Port Security also accompanied the delegation. Advancing Regional Economic Integration The meeting discussed priority issues to strengthen financial and economic cooperation across the GCC, where appropriate decisions were taken accordingly. Topics addressed include the outcomes of the 84th Meeting of the Committee of the Governors of the Central Banks in the GCC Countries, recent sessions of the GCC Customs Union Authority, and the 14th meeting of the Committee of Heads and Directors of Tax Departments in the GCC Countries. Ministers also reviewed the latest developments related to the Gulf Common Market, along with recommendations stemming from a joint event hosted by the UAE Ministry of Finance and the GCC General Secretariat on the sidelines of the World Government Summit in February 2025. Progress on the GCC's economic unity agenda by 2025 was also reviewed, with discussions focusing on ongoing efforts to enhance Gulf coordination in global economic forums. The session also featured a briefing by the GCC Statistical Centre on current data from the Gulf Common Market. Accelerating the pace of integration H.E. Mohamed bin Hadi Al Hussaini said that strengthening joint GCC action in the financial and economic sectors will continue to be a strategic priority for the UAE, particularly in light of the accelerating challenges facing the global economy. He stressed the importance of completing the requirements of the GCC Common Market and Customs Union as essential steps toward enhancing economic efficiency and boosting the global and regional competitiveness of GCC countries. His Excellency added that the next phase calls for expediting institutional integration and aligning financial, tax, and customs policies to foster greater harmony and coherence among GCC economies. He reaffirmed the UAE's support for all efforts and initiatives aimed at establishing a unified Gulf economy and creating an attractive, dynamic environment for investment and trade. He concluded by highlighting the need to intensify technical cooperation and exchange expertise among member states, as well as making the most of the opportunities presented by joint Gulf projects. These efforts, he noted, are vital to achieving sustainable growth, ensuring long-term prosperity for GCC citizens, and strengthening the region's position as an influential economic bloc on the global stage. Exchanging views During the meeting, the meeting ministers exchanged views on financial and economic priorities for the next phase and explored how to enhance the GCC countries' readiness to address regional and global developments, as well as how to support executive plans for economic integration and strengthen the GCC's position on the global stage.
Al Etihad
19-06-2025
- Business
- Al Etihad
UAE chairs Global Energy Efficiency Alliance
19 June 2025 15:25 DUBAI (WAM)The UAE, represented by the Ministry of Energy and Infrastructure (MoEI), announced that it is chairing the Global Energy Efficiency Alliance (GEEA) for the coming years, following the formation of GEEA's General UAE announced its intention to establish GEEA during the 29th UN Climate Change Conference (COP29) in Baku, in support of the UAE Consensus and the global goal of doubling the energy efficiency improvement rate, from the historical average of two percent to over four percent annually by reaffirms the UAE's commitment to placing energy efficiency at the forefront of the international energy and climate effort comes at a critical moment, as the world is currently off track, the global energy efficiency improvement rate remains below 1.5 percent annually, and at this pace, the world will fall short of achieving its decarbonisation and net-zero complements other high-level initiatives such as the Mission Efficiency partnership, the G20 Energy Transitions Working Group, and regional clean energy platforms. Together, these combined efforts must be mutually reinforcing, not fragmented—ensuring that knowledge, finance, and best practices flow across borders and chairing this ambitious alliance, the UAE underscores its commitment to spearheading international efforts to enhance energy efficiency across various UAE aims to strengthen collaboration among governments, the private sector, financial institutions, and research and innovation centers, thereby accelerating the transition toward more efficient and sustainable energy this context, Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs at MoEI, emphasised that the UAE's chairing of GEEA reflects the international community's confidence in the country's ability to lead and coordinate noted that GEEA will play a pivotal role in policy development, knowledge, and expertise exchange, enhancing access to finance and innovation, and enabling member states to achieve their national and international energy efficiency Olama said, 'This alliance serves as a practical and inclusive platform to accelerate the achievement of the global target to double the rate of energy efficiency by 2030, in line with the historic UAE Consensus. We welcome all partners from around the world to join and collaborate for a more efficient and sustainable future. GEEA aims to drive transformative improvements in energy consumption efficiency across key sectors, including buildings, transportation, and industry.' Last February, the UAE hosted a high-level roundtable during the World Government Summit in Dubai, where the general framework of the alliance was discussed with several countries, international organisations, private sector entities, and financial institutions.
Al Etihad
17-06-2025
- Politics
- Al Etihad
TRENDS participates in Raisina Mediterranean Dialogue in France, holds high-level meetings
17 June 2025 13:01 ABU DHABI (ALETIHAD)A TRENDS Research & Advisory delegation participated, as part of the World Government Summit Community's official delegation, in the Raisina Mediterranean Dialogue, which was held in the French city of Marseille. A distinguished group of senior decision-makers and experts from various countries participated in this round of dialogue, which constitutes a continuation of the Raisina Dialogue held in India. The TRENDS delegation included Mr. Mohammed Al-Dhahouri, Director of the Advanced Political Studies Department at TRENDS, and Mr. Rashid Al-Hosani, a Research Assistant at the centre. The delegation's participation featured a series of fruitful meetings and substantive discussions that addressed prominent contemporary geopolitical issues and explored opportunities to enhance international cooperation in addressing global the framework of TRENDS' participation in one of the main sessions, Professor Mohamed Al-Dhuhoori, Director of TRENDS Research and Advisory, addressed a direct question to His Excellency Dr. Subrahmanyam Jaishankar, the Indian Minister of External Affairs, regarding India's vision for the role of international multilateralism amid the dynamic transformations occurring on the global stage. The question generated significant engagement from the audience and underscored the importance of research on international TRENDS delegation held a series of high-level meetings with several distinguished individuals: Mehdi Jomaa, former Prime Minister of Tunisia; Mohamed Nasheed, former President of the Maldives; Suleiman bin Mohammed Al-Anbar, Minister Resident at the Ministry of Foreign Affairs (MoFA) of Saudi Arabia; Dr. Nicholas J. A. Bouchaud, global policy expert and Senior Fellow at the Institute of International Studies, New Delhi; Priyanka Chaturvedi, Member of the Indian Parliament; and Arvind Gupta, President and Co-Founder of the Digital India the event, TRENDS delegates met Reem Baggash, Deputy Managing Director of the World Government Summit Organisation, and the accompanying delegation to strengthen cooperation between TRENDS and the World Government Summit Mohammed Al-Dhahouri emphasised that participation in major international events aligns with TRENDS' commitment to maintaining an active presence on global dialogue platforms, keeping pace with developments in the international landscape, and fostering knowledge partnerships with various research institutions and think tanks worldwide. This reinforces the UAE's role in promoting mutual understanding and international cooperation. Raisina Mediterranean Dialogue is an annual multilateral platform that brings together industry leaders and experts from various continents to address shared challenges and formulate strategies contributing toward global security, stability, and sustainable development.
Business Insider
09-06-2025
- Business Insider
Nvidia CEO Jensen Huang says programming AI is similar to how you 'program a person'
Nvidia CEO Jensen Huang has said that programming AI is similar to "the way you program a person" — and that "human" is the new coders' language. "The thing that's really, really quite amazing is the way you program an AI is like the way you program a person," Huang told London Tech Week on Monday. Huang shared an example, saying, "You say, 'You are an incredible poet. You are deeply steeped in Shakespeare, and I would like you to write a poem to describe today's keynote.' Without very much effort, this AI would help you generate such a wonderful poem. "And when it answers, you could say, 'I feel like you could do even better.' And it will go off and think about it and it will come back and say, 'In fact, I can do better.' And it does do a better job." Huang said that in the past, "technology was hard to use" and that to access computer science, "we had to learn programming languages, architect systems, and design very complicated computers. "But now, all of a sudden, there's a new programming language. This new programming language is called human." "Most people don't know C++, very few people know Python, and everybody, as you know, knows human." Huang called AI "the great equalizer" for making technology accessible to everyone and called the shift "transformative. "This way of interacting with computers, I think, is something that almost anybody can do," he said. "The way you program a computer today is to ask the computer to do something for you, even write a program, generate images, write a poem — just ask it nicely," Huang added. At the World Government Summit in Dubai last year, Huang suggested the tech sector should focus less on coding and more on using AI as a tool across fields like farming, biology, and education. "It is our job to create computing technology such that nobody has to program. And that the programming language is human, everybody in the world is now a programmer. This is the miracle of artificial intelligence," Huang said at the time.
Gulf Today
01-06-2025
- Business
- Gulf Today
UAE fully backs efforts to boost GCC economic integration plan
The UAE has taken part in the 123rd Ministerial Meeting of the Gulf Cooperation Council (GCC) Financial and Economic Cooperation Committee, held on Sunday in Kuwait, bringing together Their Excellencies, the Ministers of Finance of the GCC member states. Led by Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, the UAE delegation featured Khalid Ali Al Bustani, Director-General of the Federal Tax Authority (FTA); and Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations. A number of specialists from the Ministry of Finance, the Federal Tax Authority, the Federal Authority for Identity and Nationality, Customs and Port Security also accompanied the delegation. Advancing Economic Integration: The meeting discussed priority issues to strengthen financial and economic cooperation across the GCC, where appropriate decisions were taken accordingly. Topics addressed include the outcomes of the 84th Meeting of the Committee of the Governors of the Central Banks in the GCC Countries, recent sessions of the GCC Customs Union Authority, and the 14th meeting of the Committee of Heads and Directors of Tax Departments in the GCC Countries. Ministers also reviewed the latest developments related to the Gulf Common Market, along with recommendations stemming from a joint event hosted by the UAE Ministry of Finance and the GCC General Secretariat on the sidelines of the World Government Summit in February 2025. Progress on the GCC's economic unity agenda by 2025 was also reviewed, with discussions focusing on ongoing efforts to enhance Gulf coordination in global economic forums. The session also featured a briefing by the GCC Statistical Centre on current data from the Gulf Common Market. Mohamed Bin Hadi Al Hussaini said that strengthening joint GCC action in the financial and economic sectors will continue to be a strategic priority for the UAE, particularly in light of the accelerating challenges facing the global economy. He stressed the importance of completing the requirements of the GCC Common Market and Customs Union as essential steps toward enhancing economic efficiency and boosting the global and regional competitiveness of GCC countries. His Excellency added that the next phase calls for expediting institutional integration and aligning financial, tax, and customs policies to foster greater harmony and coherence among GCC economies. He reaffirmed the UAE's support for all efforts and initiatives aimed at establishing a unified Gulf economy and creating an attractive, dynamic environment for investment and trade. He concluded by highlighting the need to intensify technical cooperation and exchange expertise among member states, as well as making the most of the opportunities presented by joint Gulf projects. These efforts, he noted, are vital to achieving sustainable growth, ensuring long-term prosperity for GCC citizens, and strengthening the region's position as an influential economic bloc on the global stage. Exchanging views: During the meeting, the meeting ministers exchanged views on financial and economic priorities for the next phase and explored how to enhance the GCC countries' readiness to address regional and global developments, as well as how to support executive plans for economic integration and strengthen the GCC's position on the global stage. Two days earlier, The Ministry of Finance held a workshop on crisis management and forecasting, bringing together senior government officials and experts to explore best practices in emergency preparedness and strategic planning. The event, held in Dubai, was attended by Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; assistant undersecretaries; department directors; and representatives from the American University of Sharjah. In addition to highlighting the latest international practices in crisis management and forecasting, the workshop aimed to enhance the capabilities of national teams to respond effectively and plan proactively for future challenges. This aligns with the country's efforts to build a flexible government capable of adapting to evolving circumstances. Younis Haji AlKhoori emphasised that the workshop is part of the Ministry's commitment to strengthening institutional readiness. He highlighted that investing in capacity building for crisis management and forecasting is key to ensuring business continuity and improving government performance amid regional and global challenges. 'We are moving forward with our efforts to instill a culture of readiness within the organisational work environment, empowering our staff to make swift, well-thought-out decisions during crises and ensuring sustainable service delivery,' said AlKhoori.
