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DUBAI, 11th May, 2023 (WAM) — The UAE Ministry of Education is working with the World Economic Forum to expand the region’s ‘Closing the Skills Gap for the Future’ initiative. The goal is to empower 1 billion people by 2030 through improved education and economic opportunity.
The UAE delegation made the announcement on the sidelines of the Growth Summit 2023, held at the World Economic Forum headquarters in Geneva on May 2-3, under the theme “Jobs and Opportunities for All”.
Dr Ahmad Belhoul Al Falasi, Minister of Education, reiterated the Ministry’s commitment to working with partners, especially the World Economic Forum on matters related to scientific research and development. It is also committed to exchanging knowledge and contributing to social development in various fields such as humanitarian, social, cultural and sports. It also aims to promote employment, encourage creativity and innovation, and foster community innovation.
He said: “Our Ministry of Education’s focus is on developing the education system and its outputs to upskill and prepare for leadership roles. Our aim is to keep pace with the changing global economy and business sector while contributing to development The importance of national economies. The ‘Closing the Skills Gap of Tomorrow’ initiative is important in aligning human skills with future needs and supporting a more just and inclusive world for future generations.”
Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, said: “We are facing a pivotal moment for the global economy as the past year has accelerated the pace of rising inequality, increased polarization, and new patterns of global trade and supply chains. trends, and threats and opportunities from technology to jobs. Launched in 2020, Retraining Revolution has reached 350 million people through the initiatives of its partners and members to provide better education and retraining opportunities. In the new With the support of the partnership and the Ministry of Education in the UAE, Retraining Revolution will scale up its next phase of work globally between 2023 and 2025 to reach 600 million people.”
As part of the initiative’s collaboration, the UAE will help support the three tracks of the initiative, in line with the country’s efforts to build and reskill globally, while emphasizing and coordinating the developments achieved between the UAE and the and the rest of the world during 2024. Progress updates are planned to be reviewed at the World Economic Forum Annual Meetings in 2024 and 2025, at which time a framework will also be created to measure the direct and indirect impact of related initiatives.
The Bridging the Future Skills Gap initiative is three-pronged; the first is to accelerate building, reshaping and upskilling while introducing innovative educational Skills Accelerator to train and develop capabilities, in addition to launching a specially designed Skills Accelerator for the UAE.
The second job is to prepare and manage the transformation of the education system to meet the new needs of the future economy, society and labor market through the Education 4.0 work stream related to the fourth industrial cycle, as the UAE is keen to ensure the education of employers and innovators representation, and research to establish an Education 4.0 accelerator that aligns with national strategic priorities.
The third track focuses on improving foresight of education and skills needs. This involves analyzing trends in the business sector in the UAE and the rest of the world based on artificial intelligence, exploring the future of skills and work, and working with entrepreneurs to manage transformational change.
The Ministry of Education will work with the World Economic Forum to design the next phase of the ‘Closing the Future Skills Gap’ initiative, which will include the participation of the business sector and UAE companies. Interested parties are scheduled to meet in October on the sidelines of the Global Future Council’s annual meeting to discuss the most noteworthy developments.
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