Page 355 - MOE ENGLISH PR - APRIL 2024

UAE’s commitment to sustainability & innovation in the aviation sector:

Speakers highlighted the importance of continuously developing investment strategies for
the future of the aviation and tourism industry, the transformative potential of electric

helicopters and the reliance on sustainable fuels. The speakers reviewed the UAE’s
pioneering experience in the commitment to sustainability and innovation in the aviation
sector and its role in promoting the growth and sustainability of the UAE economy, as well

as the country’s desire to expand the field of electric take-off and vertical landing aircraft
(eVTOL), thus enhancing its position as a leading global center for the aviation sector.

Prompt Action to Address Climate Change:

Participating experts stressed the need for urgent action on climate change and addressing
environmental challenges in an effective and integrated manner, and for action to provide

catalysts to encourage investment in environmental sustainability. The need to develop new
strategies that are adaptable to geopolitical variables and other factors that pose a

challenge to global economic resilience was also highlighted.

Investing in people and talent:

Investopia sessions drew attention to the importance of increasing investments from

governments and the private sector in the human component and talent as one of the most
important strategic elements in economic and social development. This is necessary to

meet the future needs of societies and enable talents and brilliant minds to innovate and
develop advanced digital applications that contribute to providing solutions to support

economic growth.

Embracing innovation to meet global economic challenges:

Speakers noted that creating an enabling environment to promote innovation and build

entrepreneurial enterprises based on creativity and excellence is critical to meeting global
economic challenges. The government sector’s focus on reducing carbon emissions and

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