The UAE will deepen ties with China and further collaborate in knowledge-based sectors that offer potential opportunities in renewable energy, life sciences and agricultural technology under its new strategy to expand industrial output.
The two countries’ model of cross-border collaborative innovation through advanced technology has “set the standard” that is vital for tackling future challenges, said Dr Sultan Al Jaber, the UAE’s Minister of Industry and Advanced Technology.
“Together we are proving that when countries collaborate to innovate, costs come down, economic opportunities go up and society benefits,” he said in an online keynote speech at the 2021 Pujiang Innovation Forum held under the theme of “Innovation for a better life for mankind”.
The two countries have had close collaboration to address global challenges such as the Covid-19 pandemic, with vaccines developed in China in record time distributed widely across the UAE, leading to one of the world’s fastest inoculation campaigns.
They have also joined forces on renewable energy projects such as Noor Abu Dhabi, the world’s largest single-site solar photovoltaic plant that produces 1.2 gigawatts of clean power from 3.2 million solar panels installed over an area of 8 square kilometres.
“Our two countries will soon set a new benchmark in the renewable energy space with the Al Dhafra Solar PV project, which will be almost twice the size of Noor and which has set a record low tariff of 1.35 cents per kilowatt,” said Dr Al Jaber during the forum.
The UAE and China have numerous opportunities to use their partnership to drive traditional and emerging industry innovation in creative and commercially viable ways, he said.
Dr Al Jaber called on the two countries to explore the potential of zero-carbon hydrogen and develop sustainable farming methods using advanced technology to feed a growing world population while reducing their carbon footprint.
He also highlighted the potential for collaboration in the field of life sciences to create new medicines, cutting-edge treatment and valuable biotech businesses.
The UAE is refocusing its industrial strategy “around leveraging the power of breakthrough [technology], to build resilience into our core industries,” he said.
It has set a 10-year national strategy to expand the industrial sector and increase its economic contribution from Dh133 billion to Dh300 billion by 2031.
Dr Al Jaber urged innovators and entrepreneurs to take advantage of the attractive business environment in the UAE and add value in the industrial sector through innovation.
“To create a culture of innovation [means] going beyond business as usual,” he said.
The UAE is redesigning its R&D and commercialisation strategy to ensure that the most promising industries are incentivised first.
“We are establishing a more efficient ecosystem to turn groundbreaking ideas into marketable products as we extend an open invitation to the world to join us on this journey of value creation and innovation,” he said.
The UAE, which relied on the pearl industry from the late 19th century to the second decade of the past century, has evolved into a global air transport and logistics centre, in addition to turning its hydrogen economy into a centre for renewable energy and setting bold ambitions for space exploration after it sent the Arab world’s first probe to Mars.
“Building an ecosystem that stimulates innovation is no longer optional. It is essential for countries to compete, succeed and fulfil their economic potential,” said Dr Al Jaber.
“It is why we encourage co-operation beyond our borders – because together we are smarter, more agile and more resilient.”
The UAE was the "country of honour" for the first time since the forum's inception in 2014. More than 1,500 delegates attended the forum, most of them remotely as it pivoted to an online conference.
The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
How Islam's view of posthumous transplant surgery changed
Transplants from the deceased have been carried out in hospitals across the globe for decades, but in some countries in the Middle East, including the UAE, the practise was banned until relatively recently.
Opinion has been divided as to whether organ donations from a deceased person is permissible in Islam.
The body is viewed as sacred, during and after death, thus prohibiting cremation and tattoos.
One school of thought viewed the removal of organs after death as equally impermissible.
That view has largely changed, and among scholars and indeed many in society, to be seen as permissible to save another life.
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UAE currency: the story behind the money in your pockets
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
LIVING IN...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
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
How to come clean about financial infidelity
- Be honest and transparent: It is always better to own up than be found out. Tell your partner everything they want to know. Show remorse. Inform them of the extent of the situation so they know what they are dealing with.
- Work on yourself: Be honest with yourself and your partner and figure out why you did it. Don’t be ashamed to ask for professional help.
- Give it time: Like any breach of trust, it requires time to rebuild. So be consistent, communicate often and be patient with your partner and yourself.
- Discuss your financial situation regularly: Ensure your spouse is involved in financial matters and decisions. Your ability to consistently follow through with what you say you are going to do when it comes to money can make all the difference in your partner’s willingness to trust you again.
- Work on a plan to resolve the problem together: If there is a lot of debt, for example, create a budget and financial plan together and ensure your partner is fully informed, involved and supported.
Carol Glynn, founder of Conscious Finance Coaching
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Ibrahim's play list
Completed an electrical diploma at the Adnoc Technical Institute
Works as a public relations officer with Adnoc
Apart from the piano, he plays the accordion, oud and guitar
His favourite composer is Johann Sebastian Bach
Also enjoys listening to Mozart
Likes all genres of music including Arabic music and jazz
Enjoys rock groups Scorpions and Metallica
Other musicians he likes are Syrian-American pianist Malek Jandali and Lebanese oud player Rabih Abou Khalil
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
