Davos Agenda 2021: UAE minister says COVID-19 pandemic is accelerating innovation

WAM

Speaking at Davos Agenda 2021, Mohammad bin Abdullah Al Gergawi, UAE Minister of Cabinet Affairs, stated the impact of the COVID-19 pandemic has forced governments to adopt practices for consolidating future approaches and accelerate the implementation of innovative solutions.

The World Economic Forum is holding its first virtual annual meeting, maintaining the title of its traditional winter summit's Swiss location.

During a session called "Strengthening Stakeholder Capitalism Principles and Practices," as part of the pillar, "Leading Responsible Transformation and Industrial Growth," Al Gergawi stressed how governments have experienced new challenges.

He said this will require revisiting concepts and designing different work models to build up readiness for the future.

Al Gergawi noted that the UAE Government, under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, focusses on strengthening global partnerships and supporting the international efforts to find innovative solutions to all challenges facing the process of sustainable development, which will help to shape a better future.

He added that the Davos Agenda 2021 focusses on restoring global trust, underscoring the importance of international action enabling governments to enhance their readiness and capacities to make decisions, and adopting more efficient and sustainable solutions.

In his speech, Al Gergawi also highlighted the government's efforts to address the pandemic on the global scale over the past 11 months, noting that COVID-19 is still threatening the world. 

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