VP receives WEF, WB presidents

08/02/2016 07:18 AST

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received on Sunday Professor Klaus Schwab, Founder and President of the World Economic Forum (WEF), who is in Dubai to participate in the fourth edition of the World Government Summit, under the title, ‘Shaping Future Governments’.

The international gathering of heads of states, United Nations, World Bank, representatives of 125 world governments and eminent international organisations, is set to run from February 8th to 10th, 2016, under the patronage of His Highness Sheikh Mohammed Bin Rashid at the Madinat Jumeirah.

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, and Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, attended the meeting.

Sheikh Mohammed and Professor Schwab reviewed the latest economic and information technology advancements at regional and international levels, as well as the Fourth Industrial Revolution which focuses on the positive impact of modern technology on progress of science, innovation, human and economic development.

Meanwhile, Sheikh Mohammed also welcomed Jim Yong Kim, President of the World Bank Group, to discuss with him his participation in the World Government Summit and a host of topics including economy, governance and UAE’s experiments in this respect. The World Bank President praised the UAE’s successful experiment in this field.

Sheikha Lubna Bint Khalid Al Qasimi, Minister of International Cooperation and Development, MICAD, Mohammed Bin Abdullah Al Gargawi, Minister for Cabinet Affairs, Sultan Bin Saeed Al Mansouri, Minister of Economy, Saqr Bin Ghobash Saeed Ghobash, Minister of Labour, Dr. Rashid Ahmed bin Fahad, Minister of Environment and Water, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, Obaid Bin Humaid Al Tayer, Minister of State for Financial Affairs, Dr. Sultan Bin Ahmed Sultan Al Jaber, Minister of State, and a number of senior officials, attended the two meetings.

Earlier, Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, received Jim Yong Kim, President of World Bank Group, and his accompanying delegation.

Kim is in Dubai to participate in the World Government Summit, under the title, ‘Shaping Future Governments’ which starts on Monday.

The Gulf Today