The Global Manufacturing and Industrialisation Summit (GMIS), a platform that brings together stakeholders from across the world to discuss and shape the future of the industrial sector, announced the organising committee for its 2021 summit in Dubai.
The committee will strengthen the summit’s multi-stakeholder approach, provide strategic guidance on different themes and steer its agenda, the GMIS said in a statement on Wednesday.
The organising committee will include officials from the UAE Ministry of Industry and Advanced Technology, Ministry of Foreign Affairs and International Co-operation, Dubai Economy, Dubai Chamber, Jafza, Tecom, and the UAE Centre for the Fourth Industrial Revolution.
The GMIS will be held from November 22 to November 27 at the site of Expo 2020 Dubai. This year's theme is "Rewiring societies: repurposing digitisation for prosperity", with the conference providing a platform for global leaders from the industrial and technology sectors to discuss how to best prepare for a post-pandemic world.
“Despite the challenges faced over the last year, many opportunities have also surfaced and the only way to ensure that these opportunities lead to transformational outcomes is to get stakeholders from governments, businesses, academia and civil society to come together to shape the future of industrial growth and find solutions for a more inclusive and sustainable industrial sector,” Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and co-chair of GMIS, said during the first meeting of the organising committee, which was held online.
The UAE is aiming to a be manufacturing hub and has laid out a strategy to increase manufacturing’s contribution to the country's economic output to Dh300 billion ($81.6bn) over the next decade by encouraging local production.
The GMIS event “offers the opportunity to bring together diverse and experienced voices from across the world to create a shared vision for industry, society and the environment”, Dr Al Jaber said. The committee will play “an important role in ensuring the success of the summit in Dubai as the global manufacturing community looks to scale up business activity”, he added.
The summit is co-chaired by the UAE Ministry of Industry and Advanced Technology and the UN Industrial Development Organisation, or Unido. It is expected to lead to discussions about the latest developments in the industrial sector and will explore opportunities for co-operation and support its global progress.
The first two summits were held in Abu Dhabi in March 2017 and in the Russian city of Yekaterinburg in July 2019, with more than 3,000 delegates from 40 countries attending both the conferences.
The third event was initially scheduled for April 2020, alongside the Hannover Messe 2020 trade fair, but was postponed due to the pandemic and later held online.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Global state-owned investor ranking by size
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Japan
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Norway
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Canada
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Credit Score explained
What is a credit score?
In the UAE your credit score is a number generated by the Al Etihad Credit Bureau (AECB), which represents your credit worthiness – in other words, your risk of defaulting on any debt repayments. In this country, the number is between 300 and 900. A low score indicates a higher risk of default, while a high score indicates you are a lower risk.
Why is it important?
Financial institutions will use it to decide whether or not you are a credit risk. Those with better scores may also receive preferential interest rates or terms on products such as loans, credit cards and mortgages.
How is it calculated?
The AECB collects information on your payment behaviour from banks as well as utilitiy and telecoms providers.
How can I improve my score?
By paying your bills on time and not missing any repayments, particularly your loan, credit card and mortgage payments. It is also wise to limit the number of credit card and loan applications you make and to reduce your outstanding balances.
How do I know if my score is low or high?
By checking it. Visit one of AECB’s Customer Happiness Centres with an original and valid Emirates ID, passport copy and valid email address. Liv. customers can also access the score directly from the banking app.
How much does it cost?
A credit report costs Dh100 while a report with the score included costs Dh150. Those only wanting the credit score pay Dh60. VAT is payable on top.
ESSENTIALS
The flights
Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.
The hotels
Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.
The tours
A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages.
Sukuk
An Islamic bond structured in a way to generate returns without violating Sharia strictures on prohibition of interest.
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The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
Gothia Cup 2025
4,872 matches
1,942 teams
116 pitches
76 nations
26 UAE teams
15 Lebanese teams
2 Kuwaiti teams
Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.
- It’s So Easy
- Mr Brownstone
- Chinese Democracy
- Welcome to the Jungle
- Double Talkin’ Jive
- Better
- Estranged
- Live and Let Die (Wings cover)
- Slither (Velvet Revolver cover)
- Rocket Queen
- You Could Be Mine
- Shadow of Your Love
- Attitude (Misfits cover)
- Civil War
- Coma
- Love Theme from The Godfather (movie cover)
- Sweet Child O’ Mine
- Wichita Lineman (Jimmy Webb cover)
- Wish You Were Here (instrumental Pink Floyd cover)
- November Rain
- Black Hole Sun (Soundgarden cover)
- Knockin’ on Heaven’s Door (Bob Dylan cover)
- Nightrain
Encore:
- Patience
- Don’t Cry
- The Seeker (The Who cover)
- Paradise City
UAE currency: the story behind the money in your pockets
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
Motori Profile
Date started: March 2020
Co-founder/CEO: Ahmed Eissa
Based: UAE, Abu Dhabi
Sector: Insurance Sector
Size: 50 full-time employees (Inside and Outside UAE)
Stage: Seed stage and seeking Series A round of financing
Investors: Safe City Group
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Best Academy: Ajax and Benfica
Best Agent: Jorge Mendes
Best Club : Liverpool
Best Coach: Jurgen Klopp (Liverpool)
Best Goalkeeper: Alisson Becker
Best Men’s Player: Cristiano Ronaldo
Best Partnership of the Year Award by SportBusiness: Manchester City and SAP
Best Referee: Stephanie Frappart
Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)
Best Sporting Director: Andrea Berta (Atletico Madrid)
Best Women's Player: Lucy Bronze
Best Young Arab Player: Achraf Hakimi
Kooora – Best Arab Club: Al Hilal (Saudi Arabia)
Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)
Player Career Award: Miralem Pjanic and Ryan Giggs
