He stressed that the aviation sector continues to play an essential role in the global economy
Al Bawardi: The UAE is the capital of artificial intelligence for the next decade
During the World Aviation Industry Summit 2020 that was organized remotely.
From the source
Mohammed Al Bowardi: "The UAE has decided to invest in the fields of scientific research, to develop future technology."
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The Minister of State for Defense Affairs, Mohammed bin Ahmed Al Bawardi, said that in light of the fourth industrial revolution and the era of digital technology, the UAE has been keen on keeping pace with scientific progress and development in all fields and sectors, and is determined to be the capital of artificial intelligence during the next decade, and to achieve unprecedented scientific breakthroughs. In the foreseeable future, in cooperation with friendly countries and international partners, indicating that for this reason the UAE decided to invest in scientific research to develop future technology, as it devoted all its resources and energy for this.
In his speech at the opening of the fifth session of the Global Aviation Industry Summit 2020, which was organized remotely and will last for two days, Al Bawardi added, with the participation of sector leaders from around the world, that the summit is an ideal platform to discuss ways and means to develop cooperation in the aviation industry, and to discuss difficulties and challenges. Especially in crisis conditions.
He pointed out that the summit comes after a delay of several months, given the exceptional circumstances the world is going through as a result of the Corona pandemic, which has caused a global crisis and has profoundly affected all areas of life, including the aviation industry, pointing out that the UAE has presented a unique model in It manages the crisis well, to ensure business continuity and the continuation of the wheel of life.
Al Bawardi explained that the aviation sector continues to play a major role in the global economy, as industrial investments in the field of aviation represent the largest part of the investments of the major industrial countries.
He continued, "In short, the countries that seek to develop the aviation industry have decided to become advanced industrial countries."
Al Bawardi affirmed that the UAE has paid special attention to establishing a sustainable and diversified economic base, on modern scientific foundations, by developing its national industries and production capabilities in various fields, based on knowledge bases, pointing out that it sought to develop creative and innovative Emirati minds, as the defense industries and industry Civil and military aviation, along with the aerospace industries, share a large share of this interest.
For his part, the CEO of the aviation industry, clean energy and information technology at Mubadala Investment Company, Khaled Abdullah Al Qubaisi, said that the aviation industry in the world is facing an unprecedented difficult situation, which needs new decisions to be able to survive, which requires the development of a more flexible, sustainable and capable model.
Al Qubaisi added that flexibility and establishing partnerships are what the aviation industry needs at the present time, noting that Mubadala Investment Company supports the UAE and the international community through its multiple partnerships.
In turn, Chief Executive Officer of Etihad Aviation Group, Tony Douglas, said, "The aviation sector will return to growth again, but we are still not sure when this will be with the reopening of markets," adding: "The ability to adapt will be essential, and (Etihad Airways) will be. ) In full preparations for this stage.
Challenges and opportunities
The Global Aviation Industry Summit 2020 will discuss, over two days, the biggest challenges and opportunities in the fields of aviation, space and defense.
The summit, which is hosted by Mubadala Investment Company and Edge, focuses on several axes, most notably the analyzes and data that explain how the aviation industry is recovering, and ways to quickly return to the recovery, as well as highlighting the efforts that must be taken to support the renewal process in these two The two sectors, in addition to learning about the new fields imposed by the current reality in which the world lives.
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