Page 218 - MBRF ENGLISH PR REPORT - November 2024

11/20/24, 9:15 AM Latifa bint Mohammed inaugurates 9th Knowledge Summit
globe. The Summit drives the exchange of ideas and perspectives, underscoring the importance of
knowledge in shaping the future and addressing humanity's most pressing challenges. It also
enhances Dubai's position as a global centre for innovation and intellectual progress, she said.

"The Summit plays a crucial role in fostering knowledge-based societies, emphasising the need for
enhanced international collaboration to drive global progress, prosperity, and sustainable

development. By embracing creativity, we can advance individuals, communities, and nations, as
exemplified by building economies rooted in knowledge and innovation. This vision prioritises
cultivating future generations of skilled talent, harnessing the transformative potential of artificial
intelligence (AI), and investing in its capabilities to achieve a comprehensive development

renaissance. By merging human ingenuity with technological power, AI emerges as a key driver of
progress and new opportunities," she said.In his speech at the Summit, Jamal bin Huwaireb, CEO of
the MBRF, underscored the Knowledge Summit's emergence as a cornerstone among leading global
events focused on knowledge and innovation. He highlighted its role as a unifying platform for

shared visions and collective goals, positioning knowledge as a critical pillar for creating a
sustainable and prosperous future for the region and new generations.

He stated: "This year's theme, 'Future Skills and AI Economy,' aligns with the nation's commitment
to cultivating a knowledge-based economy and leveraging the transformative power of AI across
various sectors. It also underscores Dubai's leadership in the knowledge sector and its commitment

to driving innovation as a key enabler of growth.""The event reflects the joint efforts of MBRF and
UNDP to advance the knowledge economy and empower individuals and institutions to utilise
knowledge as a transformative tool. The Summit aims to improve community well-being and
achieve comprehensive economic and intellectual development, further cementing the UAE's
position as a global hub for progress and innovation."On the first day of the Summit, the 2024

Global Knowledge Index (GKI) results were announced, with Sweden claiming the top spot,
followed by Finland and Switzerland in second and third place. The United Arab Emirates also
achieved the highest ranking among Arab countries. Over the years, the GKI has earned its

reputation as a comprehensive measure of a nation's knowledge capacity, incorporating benchmarks
across education, scientific research, innovation, and information technology (IT). The Index also
introduced insights into upcoming developments, including the integration of new variables and
components designed to align with the rapidly evolving global landscape and trends.

Abdallah Al Dardari, UN Assistant Secretary-General and UNDP Assistant Administrator and
Director of the UNDP Regional Bureau for the Arab States, said: "The pursuit of knowledge

production, dissemination, and utilisation is not merely a choice but a critical necessity for
advancing sustainable development. This is why the Knowledge Project, emerging from the Arab
region to the global stage, introduces an innovative framework for assessing knowledge levels

across all nations."He added: "The Global Knowledge Index (GKI) does more than evaluate
knowledge; it also gauges our capacity to navigate the rapid transformations of the Fifth Industrial
Revolution. This era is defined by swift advancements in cutting-edge technologies and integrated

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