Knowledge Summit 2018: Mohammed bin Rashid Al Maktoum Knowledge Foundation Channels UAE National Agenda for Youth

The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) has unveiled the theme for its upcoming Knowledge Summit 2018, the prominent yearly event uniting choice manufacturers, academics and experts from worldwide to review the production and dissemination of knowledge.

The fifth edition of the yearly Summit is readied to happen on December 5-6, 2018, bearing the theme Youth and the Future of the Knowledge Economy. The occasion is held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, and MBRF's Chairman H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum.

The 2018 Summit remains in line with the objectives of the UAE Vision 2021 to develop a competitive economy that promotes investments in knowledge, sustains creativity and innovation, and embraces advanced innovations to enhance individuals's health and wellbeing and empower a generation of business owners. It likewise lines up with the basic instructions of the UAE and the goals of the UAE National Agenda for Young people, which seeks to sustain young Emiratis and offer them with chances to take advantage of their abilities and channel them towards serving their areas and guaranteeing lasting growth.

His Excellency Jamal bin Huwaireb, CEO of MBRF, said: "The Knowledge Summit embarks its fifth edition with a new message to the world - a message that concentrates on the youth and their crucial duty fit the future of our Arab region and the world. The youth are the engine driving the development of societies and the stimulant guaranteeing their sustainability and future-readiness."

" The Mohammed bin Rashid Al Maktoum Knowledge Foundation is seeking to reaffirm its duty as a leading knowledge establishment, and equip a new generation of future leaders," H.E. bin Huwaireb included. "Throughout the years, the Knowledge Summit has showcased Dubai's duty as a global hub for the knowledge industry, underscoring the emirate's terrific capacity for projecting and preparing for the future."

The Chief Executive Officer went on to explain that the spotlight is being placed on the youth in this year's Summit offered their impact on the rest of culture. Young people make up 65% of the population in the region, he noted, makings it important to transport their power in the direction of triggering a radical, region-wide knowledge transformation.

The Knowledge Summit 2018 will certainly host various discussions covering the knowledge economy rooted in human capital; the digital economy, and the Islamic economic situation and its function within the knowledge economy. Subjects will likewise consist of the youth's function in constructing these knowledge economies, in addition to human resources and its function as a keystone for holistic and lasting growth.

In addition, the Summit will certainly deal with strategies to move from a knowledge-consuming to a knowledge-producing society, in addition to the function of data as a structure for durable knowledge economies and sustainable cities, along with reviewing the room industry and its development leads in the upcoming decades.

The knowledge economy is defined as the economic system that is rooted in knowledge tasks and investments in intellectual capital; it has proven to be of great rate of interest to established nations. According to the Organization for Economic Co-operation and Development (OECD), the knowledge economy is closely linked to sophisticated production, consisting of industries like electronic devices, space expedition and infotech, along with solutions such as health care, education, and details and interaction business services.

The Summit will additionally include the news of the Global Knowledge Index's results. Established in collaboration with the United Nations Development Program (UNDP), the Index reviews knowledge in nations around the globe and the Arab region to help authorities assess performance, established advancement plans, discover ways to spread out knowledge, and determine difficulties and chances in the region, comparing them with the rest of the world.

On an additional note, the Knowledge Summit 2018 will certainly feature the granting ceremony for the fifth version of the Mohammed bin Rashid Al Maktoum Knowledge Award, which honours people and organisations from worldwide who have originated new forms of knowledge dissemination that have the potential to profit humanity.

The Knowledge Summit's fourth version in 2017 birthed the theme Knowledge and the Fourth Industrial Revolution, which discovered the succeeding commercial transformations and their function in transforming people's lives right. The 2017 event consisted of the launch of a number of front runner campaigns such as the Proficiency in the Arab World Challenge, the Knowledge Ambassadors and Knowledge Week.