July 12, 2024
2 mins read

Aerospace Summit set to fast-track greater investments

Since its first edition in 2012, the Global Aerospace Summit has solidified the UAE’s position as a leading hub for aerospace…reports Asian Lite News

Representing the aerospace, aviation, space, and defence sectors, the premier thought leadership forum will aim to accelerate investments to drive greater sustainability, youth engagement and innovation for the industry.

The Summit is a CEO-led, critical meeting of the world’s aerospace supply chain that brings together sector and government leaders at the highest level for strategy development and partnerships. The two-day event will take place on 25-26 September at the St. Regis, Saadiyat Island Resort in the UAE capital – Abu Dhabi.

Since its first edition in 2012, the Global Aerospace Summit has solidified the UAE’s position as a leading hub for aerospace, with the aviation industry becoming a major driver for economic growth.

The 2024 edition will centre on several objectives designed to drive the industry forward and address global aerospace concerns, exploring new ways to enhance technological and strategic capabilities, attract investment, strengthen domestic SMEs in the aerospace supply chain and emphasise environmental responsibility.

Panel sessions will focus on developing the country’s defence industry system, investing in the region’s thriving aviation sector, embracing environmental responsibility for a greener future and optimising airport infrastructure for future growth.

High-level speakers include Dr. Mohamed Al Kuwaiti, Head of Cyber Security at the UAE Government, Mohammed Al-Qahtani, Chief Information Security Officer of Riyadh Airports, and Laila Odina, CEO of Riga International Airport.

With Abu Dhabi a hub for economic development, the summit will explore ways to build aerospace clusters and ecosystems, foster international partnerships, and invest in research and development to drive innovation and value across the UAE.

Other key themes include global business aviation trends, such as supersonic travel and sustainability initiatives, as well as critical issues in liquidity, mergers and acquisitions (M&A), and supply chain resilience for original equipment manufacturers (OEMs). Alongside this, it will delve into advancements in space exploration and military space investments, the connectivity opportunity presented by satellite broadband, and emerging technologies such as artificial intelligence, electric propulsion, hydrogen-powered aircraft, and more.

Inspiring and nurturing the next generation of aerospace leaders will be a primary focus for the event. The NextGen Leaders initiative will form a key part of the event, a programme that supports the UAE’s Emiratisation objectives. NextGen fosters talent development and magnifies the potential of the region’s brightest minds. Through this platform, the Summit will close the gap between young talent and industry leaders, ensuring the right level of skills, knowledge and capabilities are transferred to the next generation of aerospace specialists.

ALSO READ: UAE’s first living donor paediatric liver transplant at Burjeel Medical City

Previous Story

Mohammed hails private sector ties in meeting with investors

Next Story

UAE, UN discuss SDG cooperation at top political forum

Latest from -Top News

Shehbaz govt Opens the Floodgates

The move comes at a time when Pakistan’s economy is crippled by unending political chaos and huge unrest in the provinces of Balochistan…reports Asian Lite News The government led by Pakistan Prime

India opens world’s highest rail bridge

Prime Minister Narendra Modi inaugurated the world’s highest railway bridge over the Chenab River in Jammu and Kashmir and flagged off the much-awaited Vande Bharat Express to Srinagar, marking a historic moment

Sisi, MBZ cement ties

UAE and Egypt bolster ties through high-level talks in Abu Dhabi and a landmark cardiac care initiative delivering lifesaving treatment to rural communities The United Arab Emirates and Egypt reaffirmed their strong

‘UAE leads global fight against plastic waste’

UAE accelerates its fight against plastic pollution with a bold single-use plastic ban and expanded environmental policies to safeguard natural ecosystems for future generations The United Arab Emirates continues to lead the
Go toTop

Don't Miss

FedEx unveils new paperless mobile shipping solution

FSML is a web-based mobile shipping solution providing shippers, even

UAE economy on track towards recovery in 2021

The economic performance for 2020 revealed that the country’s macroeconomic