DUBAI, UAE, November 24, 2023 /24-7PressRelease/ — The Knowledge Summit’s 8th edition organised by the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) in collaboration with the United Nations Development Programme (UNDP) kicked off at the Dubai World Trade, under the theme ‘Knowledge Cities and the Fifth Industrial Revolution’. Experts, thought leaders, policymakers, researchers, academics, and entrepreneurs from across the globe have converged in Dubai for the event. The summit highlights Dubai’s eminence as a global catalyst for futuristic development concepts, adoption of new technologies and sustainable growth models.
The summit will highlight the significant role played by the Fifth Industrial Revolution in the development of knowledge cities alongside the fifth-generation technologies that have overhauled conventional business models. Given the indispensable nature of these technologies in shaping the future economic landscape, the event serves as the pioneering global platform for deliberating the implications of the Fifth Industrial Revolution, facilitating the exchange of ideas and knowledge and fostering collaborative efforts to devise innovative solutions that will pave the way for a more empowering and inclusive future for people all over the world.
Jamal bin Huwaireb, CEO of the MBRF, said: “At the MBRF, we persist in our endeavours to bolster global intellectual engagement by hosting the eighth edition of the Knowledge Summit, through which we aim to develop the means for the production and dissemination of knowledge. This reflects our ongoing commitment to enhancing intellectual value and innovation in our society, with Dubai being a distinctive prototype for an intelligent, sustainable, and contented city committed to achieving sustainable development.”
With volatility and uncertainty overshadowing the global economic landscape, the Global Knowledge Index (GKI), in its 2023 edition, offers an integrated analysis of knowledge development, trends, and obstacles facing it. The GKI provides a comprehensive analysis of 133 countries’ performance, focusing on countries that lead in embracing the knowledge-based economy model, demonstrating their resilience, and highlighting weaknesses as well as areas and prospects for improvement for the poorest economies. The GKI’s findings and data predict a rise in the global average, indicating an acceleration of recovery from the COVID-19 pandemic and its long-term consequences. The UAE continued to top the ranking among Arab countries. Switzerland ranked first overall in the GKI 2023, outperforming Finland, Sweden, and the Netherlands, while the United States of America fell to fifth place, having reached the top in 2022. Austria, Denmark, Luxembourg, Norway, and the United Kingdom ranked sixth, seventh, eighth, ninth, and tenth, respectively.
The Knowledge Summit has contributed to advancing the global knowledge movement and bringing together thought leaders and decision-makers from diverse countries and cultures to anticipate new horizons of knowledge over the years. It has also galvanised Dubai’s efforts to strengthen the capabilities of countries to foster knowledge societies and increase awareness among governments aspiring to achieve progress and high levels of development and well-being for their citizens.
The summit dedicates a significant amount of its time to explore methods for harnessing cutting-edge technologies to accomplish sustainable development objectives and address global challenges. It also aims to stimulate creativity and innovation while promoting rapid and convenient access to Artificial Intelligence technology and its practical applications. The event will also explore significant trends influencing the creation of future sustainable cities, underscoring the pivotal role of knowledge workers in building futuristic economies.
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