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ADFD participates as strategic partner at WGS

by Madaline Dunn
written by Madaline Dunn

This week, Abu Dhabi Fund for Development (ADFD) participated in the World Governments Summit (WGS) in Dubai as a strategic partner, it shared.

Speaking about the ADFD’s role as a strategic partner, His Excellency Mohamed Saif Al Suwaidi, Director General of ADFD, highlighted the event’s role in providing a global platform for forging partnerships with international institutions and developing proactive plans to enhance governments’ readiness for rapid global advancements and economic changes.

“We will continue our efforts and cooperation with our local and international partners adopting innovative solutions, promoting sustainability principles, and developing vital sectors to address development challenges and stimulate the economy of developing countries,” H. E. Al Suwaidi said.

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Innovation & EducationIntelligenceSpecial Reports

Deloitte presents two reports at WGS

by Madaline Dunn
written by Madaline Dunn

Global professional services firm Deloitte presented two reports at this year’s WGS on the topics of government transformation and cybersecurity in cloud computing.

The first report titled “Government acceleration and transformation,” explores governmental evolution, with a spotlight on regional governments including the UAE, Qatar, and Saudi Arabia and their steps taken in this field on a global level, including the adoption of smart government solutions.

The second report titled “Cloud Cybersecurity: A Keystone for Inclusive Economic Growth in the Digital Era,” focuses on the critical nexus between digital services and economic advancement.

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Latest NewsPolitics

Qatar, Türkiye, and India announced as guests of honour at World Government Summit (WGS) 2024

by Madaline Dunn
written by Madaline Dunn

It has been announced that Türkiye, India and Qatar are to be guests of honour at the 2024 World Government Summit.

Set to take place in Dubai from February 12-14, this year, the event is held under the theme of “Shaping Future Governments.”

The high-level delegations of the three guest countries will be headed by the President of Türkiye, Recep Tayyip Erdogan, India’s Prime Minister Narendra Modi, and Qatar’s Prime Minister and Foreign Minister, His Highness Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani.

The summit will bring together thought leaders, experts, and representatives of over 85 international and regional organisations, with 120 governmental delegations and 4,000 attendees.

This year’s WGS focuses on six themes and hosts 15 global forums that will explore future strategies and major transformations in key sectors across 110 interactive dialogues.

Further, over 200 speakers, including presidents, ministers, and visionaries, will share their insights alongside 23 ministerial meetings and executive sessions with over 300 ministers.

Mohammad Al Gergawi, Minister of Cabinet Affairs and Chairman of WGS Organization, said that hosting the three countries as this year’s guests of honour reflects their “deep-rooted ties and strategic partnership with the UAE.”

Al Gergawi also noted that the participation of 25 state heads reaffirms the summit’s role as a platform for international cooperation and experience exchange to accelerate the progress of societies.

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IntelligenceSpecial Reports

WEF & McKinsey: The Global Cooperation Barometer

by Madaline Dunn
written by Madaline Dunn

The Global Cooperation Barometer, a collaboration between WEF and McKinsey & Company, looks back at the last 11 years, from 2012 through 2022, to establish a trend line of global cooperation. 

The report, the WEF notes, is intended to serve as a tool for leaders to better understand the contours of cooperation broadly, with the barometer structured along five dimensions of global connection: trade and capital, innovation and technology, climate and natural capital, health and wellness, and peace and security. 

The barometer indicates that after trending positively for much of the past decade, global cooperation has been mildly reversing since 2020, down 2 per cent. 

The report also sets out a series of recommendations for business and government leaders. This includes identifying avenues toward advancing shared interest that can exist despite competition, otherwise known as “coopetition.”

Further, it recommends using instances of cooperation to advance interests in those areas, while also using them to explore other potential areas of alignment and deepen trust with counterparts.

Other recommendations include fostering greater diversification.

“Greater diversification not only strengthens resilience; it could also promote a more inclusive trading system and economy. The connection between trade and wealth creation is strong: diversification could enable more countries to participate more fully,” the report notes. 

Read the full report here. 

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