Mohamed bin Zayed attends lecture on “Riding the Productivity Waves to Growth”

WAM ABU DHABI, 26th September, 2013 (WAM) — His Highness General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended on Wednesday, at his Majlis in Al Bateen, a lecture titled: “Riding the Productivity Waves to Growth” presented by Jeffrey R. Immelt, GE’s Chairman and CEO.

H. H. Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development, Sheikh Sultan bin Tahnoun Al Nahyan, Chairman of Abu Dhabi Tourism and Culture Authority, a number of Sheikhs, officials and specialists attended the lecture.

In his presentation, Immelt underscored the importance of education, training, research and development of industries, small and medium-sized entrepreneurships, in addition to the information technology in the management of economy and development.

The lecturer also stressed the importance of innovation and creativity as an integral part of the success of corporate and major industrial foundations.

He also talked about factors of productivity, which help countries and companies to succeed in the international environment, referring to Shale Gas, the revolution in the energy, development of manufacturing and industrial internet fields.

GE’s Chairman and CEO drew attention to the importance of Emiratisation “Tawteen” and preparing qualified professional staff and spread of simplification culture among the institutions in order to move quickly to meet challenges and achieve success.

He pointed out that the industries were and still the main engine for the economy, as they create jobs, citing the great industrial development in South Korea, which focussed on various industrial fields.

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