Dubai Electricity and Water Authority (DEWA) has joined the Center for the Fourth Industrial Revolution of the World Economic Forum (WEF) as a partner. DEWA is the first government utility to join the San Francisco-based center, which includes international organizations such as Microsoft, SAP, and ABB. This is part of DEWA’s efforts to keep pace with the Fourth Industrial Revolution and develop disruptive technologies in power and water.
Finance and Policy ME
Political leaders and dignitaries from all across the globe have gathered in Dubai for the sixth annual edition of the World Government Summit. The three-day event aims to examine and explore how digitalization of traditional industries will transform and completely revolutionize societies as we know them.
At one of the opening sessions of the second day of World Government Summit 2018 (WGS 2018), experts outlined how technology in the digital era can enhance quality of life, if effectively managed.
The Telecommunications Regulatory Authority (TRA), represented by ICT Fund, the TRA's funding arm, signed a cooperation agreement today with Mohammed Bin Rashid Space Centre (MBRSC). Under this agreement, the TRA will fund the Emirates Mars Mission 2117 launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Ruler of Dubai.
PwC Middle East reports that Artificial Intelligence (AI) will contribute US$320 billion to the Middle East economy by 2030 - the equivalent to 11% of GDP.
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