Davos 2024: CEOs OPINION THAT MATTERS
Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah
Mohammad Almutawa Group CEO of Ducab
The World Economic Forum serves as a platform for political and economic leaders, executive heads, and businessmen to discuss economic challenges and global economic issues. The forum sheds light on technology trends and plays a critical role in improving economic stability and advancing development by guiding policies, setting economic priorities, and stimulating innovation.
The World Economic Forum annual meeting offers a prominent platform for exchanging insight with influential decision makers and leaders from around the world. The forum this year explores advanced technologies of the Fourth Industrial Revolution and the economic opportunities they bring to the fore; and ‘Blade’ our factory of the future project is in line with this. Ducab Group has long been a pioneer in embracing advanced technologies and incorporating them into its operations and processes, in line with the UAE’s strategic directives. The group sheds light on Blade, its game-changing ‘Factory of the Future Project’, which leverages Fourth Industrial Revolution technologies to expedite operations and better answer consumer and market needs. With Industry 4.0 breakthroughs including the Internet of Things (IoT), cloud computing, big data analytics, artificial intelligence (AI), and machine learning, Blade is set to increase output volumes by 20% in two years, boosting customer service level to 99%, and driving up overall equipment efficiency by 20% within one year.
Dr Lal Bhatia, Chairman, Hilshaw Group
It is imperative that the forum and its influential attendees focus on the regularisation of carbon offset futures alongside developing comprehensive frameworks for public-private partnerships within climate-impacting industries. Such initiatives are critical for guiding economies of various sizes towards adaptation. It is of utmost importance that we recognise the immediacy of this endeavour to secure a sustainable future.
Haleema Humaid Al Owais, Board Member InvestBank, and CEO, Sultan Bin Ali Al Owais Real Estate Following the UAE and the region’s diversification into a very comprehensive non-oil economy and hosting the world at landmark events like Expo 2020, COP28, the FIFA World Cup and now again at the Expo2030 in KSA, it is no surprise that countries within the GCC have projected an annual growth of over 3.5% vs the global average of sub 2% in the coming years. I expect world leaders and influencers to recognise the importance of UAE and the region’s potential and commitment towards growth and sustainability. Simultaneously, the forum offers businesses from all sectors an opportunity to align with our public and private entities to further their ambition in line with ours.
Shabab Attazadeh, CEO, AEOLUS Aviation
The World Economic Forum is a vital platform where influential leaders convene to tackle pressing economic challenges. Its impact on business and the economy is profound, as it fosters collaboration, drives innovation, and tackles critical issues like climate change, inequality, and technological advancements, ultimately shaping the trajectory of global markets and industries. We expect this year to usher in a more sustainable and inclusive economy and the forum to orchestrate the cooperation needed to deliver.
42 Federation of GCC Chambers
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