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Gulf Press > Business > UAE: Global Aerospace Summit to Accelerate Increased Investments in Aviation
Business

UAE: Global Aerospace Summit to Accelerate Increased Investments in Aviation

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Last updated: 2024/07/12 at 4:47 AM
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The Global Aerospace Summit in Abu Dhabi is set to be a premier thought leadership forum representing the aerospace, aviation, space, and defence sectors. The event aims to accelerate investments to drive greater sustainability, youth engagement, and innovation for the industry. As a CEO-led meeting of the world’s aerospace supply chain, the Summit brings together sector and government leaders at the highest level for strategy development and partnerships. This two-day event will take place on 25-26 September at the St. Regis, Saadiyat Island Resort in Abu Dhabi, solidifying the UAE’s position as a leading hub for aerospace.

Since its inception in 2012, the Global Aerospace Summit has been instrumental in establishing the UAE as an aerospace hub, with the aviation industry becoming a major driver for economic growth. The 2024 edition will focus on objectives designed to drive the industry forward and address global concerns, exploring new ways to enhance technological and strategic capabilities, attract investment, strengthen domestic SMEs in the aerospace supply chain, and emphasize environmental responsibility. Panel sessions will delve into developing the country’s defence industry system, investing in the thriving aviation sector, embracing environmental responsibility for a greener future, and optimizing airport infrastructure for future growth.

High-level speakers at the event include Dr. Mohamed Al Kuwaiti, Mohammed Al-Qahtani, and Laila Odina, who will share their insights on cybersecurity, information security, and airport management. With Abu Dhabi at the forefront of 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. Key themes at the Summit will include global business aviation trends, liquidity issues, mergers and acquisitions, and supply chain resilience for OEMs.

The event will also focus on advancements in space exploration and military space investments, satellite broadband connectivity opportunities, and emerging technologies such as artificial intelligence, electric propulsion, and hydrogen-powered aircraft. Inspiring and nurturing the next generation of aerospace leaders will be a primary focus, with the NextGen Leaders initiative supporting the UAE’s Emiratisation objectives. This program aims to foster talent development and transfer knowledge and capabilities to the next generation of aerospace specialists, bridging the gap between young talent and industry leaders.

Overall, the Global Aerospace Summit in Abu Dhabi is set to be a groundbreaking event that will drive investments, innovation, and sustainability in the aerospace industry. With high-level speakers, panel sessions, and discussions on key industry topics, the Summit will provide valuable insights and opportunities for sector and government leaders to collaborate and propel the aerospace sector forward. By focusing on building aerospace clusters, fostering partnerships, and investing in research and development, the event will drive transformation and growth in the UAE’s aerospace industry.

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News Room July 12, 2024
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