UAE joins hands with WEF to push industrial revolution

The United Arab Emirates (UAE) announced Monday to cooperate with the World Economic Forum (WEF) on common research and consultancy on the "fourth industrial revolution."

Briefing the media on the first Annual Meeting of WEF Global Future Council (GFC), Mohammed Abdullah Al-Gergawi said the future cooperation between the UAE government and the WEF GFC will develop a global governance framework to establish legislation for the 4th industrial revolution.

According to WEF founder Klaus Schwab, the fourth industrial revolution based on the internet. He said drones, self-driving cars and artificial intelligence will transform societies and the working world in an unprecedented speed and in relation to impact.

"The objective of this new cooperation which will be based on five pillars is to make the fourth industrial revolution a global movement," said the minister.

Al-Gergawi pledged that the government of the UAE, a major oil supplier and the most diversified Gulf Arab economy, the first government worldwide "that designs and adopt a framework for future governments' readiness."

W. Lee Howell, the head of global programming at WEF welcomed the UAE's move. The partnership will lead to systematic research in the fields of future technologies and underlines the WEF's Leitmotif which is "committed to improving the state of the world." Endit