The UAE and World Economic Forum officials sign deal in Davos. WAM
Sheikh Khalid Bin Mohamed Bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office; Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman and Chief Executive of Emirates Airline and Group; Mohammad Bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, and several officials from the UAE delegation participating in the event attended the signing of a cooperation agreement between the UAE and WEF as part of the WEF's agenda.
The UAE is one of the first countries to support the declared strategic goal, along with several other countries such as the United States, Denmark, and numerous major companies and international organisations.
Dr Ahmad Bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills signed the agreement under which the UAE becomes an active member of the programme, which will extend for the next ten years, and aims to provide better skills and education for a billion people around the world and enhance the quality of life for generations to come, which is in line with the slogan of the current World Economic Forum, Davos 2020 "Stakeholders for a Cohesive and Sustainable World."
Dr Al Falasi said, "It is a pleasure to announce the support of international efforts to provide and spread education, skills and appropriate environment for them and through the agreement, we seek to find appropriate solutions and invest in human capital, which is a major national priority for us in the UAE."
WEF Founder and Executive Chairman, Professor Klaus Schwab said, "The best way to create a more cohesive and more inclusive society is to provide job opportunities for all, and we here in Davos are working with our partners to create a global platform that will provide a billion people with the skills they need in the era of the Fourth Industrial Revolution, and as this is an important and pressing transformation, the least we have to do is move faster to renew and develop skills."
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Sheikh Mohammed said, "We want to achieve a qualitative leap in infrastructure, energy and transport fields as part of a vision that combines inclusiveness and integration and takes into account balance and sustainability and enhances our competitiveness regionally and globally."
Market benchmarks in Tokyo, Shanghai and Hong Kong declined. Seoul and Sydney advanced.
Brent crude dropped 70 cents, or 1.1%, to $62.99 a barrel by 04:57 GMT while US West Texas Intermediate (WTI) crude fell 71 cents, or 1.2%, to $59.93 a barrel.
Spot gold eased 0.3 % to $1,717.99 per ounce by 06:33 GMT while US gold futures slipped 0.4% to $1,716.10.