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Elon Musk is an innovator and entrepreneur whose focus is the development of cutting edge technology and particularly Application Intelligence (AI). Today's discussion revolved around understanding the dynamics of change in artificial intelligence with ways of improving teamwork in that field. Musk is also known for coming up with some mega ideas and even more mega strategies so it was not surprising that the call for global cooperation in use of AI was made to avoid disorganized competition of nations and industries that would ultimately waste a lot of resources and fail to solve the key issues of the 21st century. That vision which is his echoes with the increasing understanding that in order to tap the capabilities of AI, proactive implementation of these capabilities is of collective, rather than individual, nature. A focal point of the discussion was the ethics of AI and its development. As Musk pointed out, AI is more than a device, it is a way of thinking that will change bu

The UAE and Morocco review strengthening economic cooperation

 

UAE

The United Arab Emirates (UAE) and Morocco have reviewed their bilateral relations to strengthen areas of financial and economic cooperation between the two countries.

His Excellency Mohamed Bin Hadi Al Hussaini, the UAE’s Minister of State for Financial Affairs and Nadia Fettah Alaoui, the Minister of Economy and Finance of Morocco, met on the sidelines of the “Joint Annual Meeting of Arab Financial Institutions” on Saturday in Rabat, the capital of Morocco.

During the meeting, the two leaders discussed ways to boost economic cooperation between the UAE and Morocco. Khaled Mohammed Balama, the Governor of the Central Bank of the UAE and Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), UAE, also attended the meeting. Senior officials from the UAE and Morocco also participated in the meeting.

The Minister of Economy and Finance of Morocco expressed hope to further strengthen bilateral relations between the UAE and Morocco. The UAE minister expressed keenness to boost cooperation with the Kingdom of Morocco in various sectors.

Nadia Fettah Alaoui said, “This meeting is a continuation of both parties’ efforts to improve cooperation and partnership in various sectors of common interest and support sustainable economic growth, in order to serve the future aspirations of the two countries.”

Mohamed Bin Hadi Al Hussaini led the UAE delegation at the Joint Annual Meeting of Arab Financial Institutions. The UAE delegation consisted of Khaled Mohammed Balama, Younis Haji Al Khoori, Undersecretary of the Ministry of Finance of the UAE, and Ibrahim Obaid Al Zaabi, Central Bank of UAE's Assistant Governor of the Monetary Policy and Stability Department.

During the meeting, Mohamed Bin Hadi Al Hussaini thanked His Majesty King Mohammed VI Ibn Al Hassan, the King of Morocco, for hosting the “Joint Annual Meeting of Arab Financial Institutions” in Rabat.

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