DUBAI: The World Economic Forum (WEF) wound up its two-day brainstorming session on future policy with commitments to new initiatives in technology, robotics and artificial intelligence (AI) by the government of the UAE.
The annual meeting of 700 thought-leaders from the WEF’s global future councils was formally closed by Mohammed Al-Gergawi, UAE minister for Cabinet affairs and the future, who announced a plan to develop a center for future readiness, and a global framework to assess progress toward it.
He also unveiled plans to create new positions as “future ambassadors” for the UAE, and to work towards global protocols for artificial intelligence and the “Fourth Industrial Revolution” — the WEF’s term for the rapid technological transformation of society and economies.
“This meeting is a key performance indicator for governments in the world. The commitment to the future continues to grow in momentum. A human-centric strategy, ministerial council and governance framework are now in place,” Al-Gergawi said.
He added that the Global Futures Councils would meet again to assess progress and decide on other initiatives next November. The WEF council on AI and robotics agreed to act as an adviser to the UAE’s new ministry for artificial intelligence.
The meeting also heard that young people in the Middle East expect a “massive disruption” to their lives and work patterns from changes in technology, but that many feel comfortable with living and working in an environment where robots exist alongside humans, according to a WEF survey.
The WEF polled 1,600 people between the ages of 18 and 35 in the summer, and found that 58 percent of them in the Middle East and North Africa expect to experience significant changes to their jobs and careers as a result of technological change, while 52 percent believe that studying and learning will be similarly affected. But 23 percent said they would trust a decision made by a robot on their behalf.
In the same survey, 24 percent of respondents said that they had shared a news article on the Internet or social media that they later learned was fake, with a further 17 percent admitting that they probably had done so without realizing it.
The gathering was told that the world’s cities have to become more active in influencing climate change policy, because they are responsible for 75 percent of global carbon emissions.
“Shanghai, Dhaka, Karachi, Hong Kong and Miami are literally going under water,” said Robert Muggah, research director of the Igarapé Institute, Brazil.
By 2050, 70 percent of the world’s population will be urbanized. Tokyo’s GDP is already greater than that of Russia, South Korea or Canada.
“If we get our cities right, we just might achieve the 2030 sustainable development goals and we may limp through the 21st century, but if we get our cities wrong — we’re doomed,” he added.
“Global decision-making remains dominated by nation states. It’s time to offer the cities a place at the negotiating table. Cities also need greater freedom to solve their own problems by focusing on becoming greener and smarter,” said Muggah.
Jean Marie Guehenno, chief executive of Brussels-based International Crisis Group, said that cities are becoming more fragile, and urban violence is on the rise in many parts of the world.
Regional rivalries in the Middle East and Asia have become more pressing. “A function of the retreat of the US is that all countries feel more on their own,” he added, warning that this rising violence, along with unprecedented levels of forced migration, were posing major risks to developing countries.
WEF futures gathering closes with new initiatives from UAE government
WEF futures gathering closes with new initiatives from UAE government
Saudi Arabia opens 3rd round of Exploration Empowerment Program
RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources, in collaboration with the Ministry of Investment, has opened applications for the third round of the Exploration Empowerment Program, part of ongoing efforts to accelerate mineral exploration in the Kingdom, reduce early-stage investment risks, and attract high-quality investment from local and international mining companies.
The third round of the Exploration Empowerment Program offers a comprehensive support package targeting exploration companies and mineral prospecting license holders.
The initiative aims to lower investment risks for projects and support a faster transition from prospecting to development.
"The program provides coverage of up to 70 percent of the total salaries of Saudi technical staff, such as geologists, during the first two years, increasing to 100 percent thereafter, in line with program requirements.
This support aims to develop talent, build national capabilities in mineral exploration, promote job localization, and facilitate the transfer of geological knowledge.
The application for the third round opened on Jan. 14, allowing participants to benefit from the Kingdom’s attractive investment environment, its stable legal framework, and streamlined regulatory structures, as well as integrated infrastructure that supports the transition from mineral resources to operational mines.
The ministry has set the timeline for the third round, with the application period running from Jan. 14 to March 31.
This will be followed by the evaluation, approval, and signing of agreements from April 1 to May 31, with the eligible projects set to be announced between June 1 and July 31 of the same year.
The program stages include submitting exploration data during the reimbursement and payment phase from Sept. 1 to Nov. 30, followed by technical and financial verification of work programs and approval of the disbursement of support funds in January 2027.
The exploration data will then be published on the National Geological Database in April 2027.
The ministry emphasized that the EEP focuses on supporting the exploration of strategically important minerals with national priority. It also contributes to enhancing geological knowledge by providing up-to-date data that meets international standards, helping investors make informed decisions and supporting the growth of national companies and local supply chains.
The ministry urged companies to apply early to benefit from the program’s third round, which coincided with the fifth edition of the International Mining Conference, which was held from Jan. 13 to 15.









