The Mohammed Bin Rashid School of Government (MBRSG) hosted the seminar titled "The Potential of the Fourth Industrial Revolution on the Economic Transformation of GCC Countries," organized by the Economic Research Forum.
Kicking off at the MBRSG headquarters in City Walk, Dubai, the event gathered experts and decision-makers from around the world to discuss the implications of adopting Fourth Industrial Revolution (4IR) concepts in the Gulf Cooperation Council (GCC) region.
Day one commenced with an opening session featuring notable speakers, including Dr. Ibrahim Elbadawi, Managing Director of the Economic Research Forum, and Dr. Ali bin Sebaa Al Marri, Executive President of MBRSG. They emphasized the importance of collaboration and communication among specialized entities to harness the potential of technological advancements for economic growth.
Dr. Elbadawi highlighted the need for constructive dialogue on how 4IR technologies could transform industries and improve quality of life. Al Marri underscored the UAE's commitment to its Fourth Industrial Revolution Strategy, aimed at positioning the nation as a global hub for Industry 4.0 technologies.
The seminar delved into various topics, including the role of Industry 4.0 and artificial intelligence in sectors like energy and tourism. Experts discussed how these technologies can enhance efficiency and visitor experiences. The day also featured discussions on entrepreneurship within the context of 4IR, analyzing how emerging technologies can foster innovation.
The day concluded with a session focused on the development of smart cities in the GCC, exploring their potential to drive economic growth and enhance resident well-being. The seminar continues to provide a platform for thought leaders to exchange ideas and strategies for leveraging technology to shape the future of the region.
News Source: Emirates News Agency
