Hundreds of global participants head for Global Futures Council in Dubai



Some 700 global thought leaders in business, government and academia are converging on Dubai for the inaugural meeting of the Global Futures Council, the new forward-looking think tank by the World Economic Forum (WEF) in the Middle East.

The purpose of the event is to “develop ideas and strategies to prepare the world for the Fourth Industrial Revolution, with topics including smart cities, rob­otics and the future of mobility,” the WEF said in a statement.

Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, said: “Planning for the future is a responsibility shared by governments, private-sector institutions, and international organisations.

“Exploring the future and planning for it is a fundamental element of achieving prosperity and progress for societies. It is the only way to accurately draw scenarios and prepare for the challenges that the world is expected to face in multiple fields and sectors, and, more importantly, to convert them into opportunities that we can capitalise on to improve the quality of human life,” he added.

The event, under the co-chairmanship of Mohammed Al Gergawi, Minister of Cabinet Affairs and The Future of the UAE, will address a wide range of topics, from game-changing emerging technologies such as Blockchain, artificial intelligence and autonomous vehicles, to “systemic” challenges such as the future of the environment, economic growth and cities.

Mr Al Gergawi said: “Our region has played a major role in shaping the future of the world for centuries. Today, the forward thinking and vision of our leadership have succeeded in positioning the UAE as a hotbed for innovation, where planning for the future is at the very core of government. This makes the UAE the ideal destination to host the inaugural global future councils, which strive to find and implement real solutions for the challenges of the future, and flag future opportunities that we can all benefit from.”

Klaus Schwab, WEF founder and executive chairman, said: “As the Fourth Industrial Revolution picks up speed, we must develop new and creative ways of driving economic growth, bringing our communities together and fostering cooperation to tackle the challenges we face head on as a shared hum­anity.”

Participants at the forum include Gordon Brown, former UK prime minister and now UN special envoy for global education, and Mahmoud Mohieldin, head of the World Bank’s 2030 development agenda.

The councils will also help to prepare the agenda for the WEF’s flagship event in Davos in January.

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UK's plans to cut net migration

Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.

Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.

But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.

Language requirements will be increased for all immigration routes to ensure a higher level of English.

Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.

The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
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  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
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How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

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House-hunting

Top 10 locations for inquiries from US house hunters, according to Rightmove

  1. Edinburgh, Scotland 
  2. Westminster, London 
  3. Camden, London 
  4. Glasgow, Scotland 
  5. Islington, London 
  6. Kensington and Chelsea, London 
  7. Highlands, Scotland 
  8. Argyll and Bute, Scotland 
  9. Fife, Scotland 
  10. Tower Hamlets, London 

 

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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