Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Sunday received Professor Klaus Schwab, Founder and President of the World Economic Forum, who is in Dubai to participate in the fourth World Government Summit, under the title, “Shaping Future Governments”.

The international gathering of heads of states, United Nations, World Bank, representatives of 125 world governments and eminent international organisations, is set to run from February 8 to 10, under the patronage of Shaikh Mohammad at the Madinat Jumeirah.

Shaikh Mohammad also received Jim Yong Kim, President of the World Bank Group, to discuss with him his participation in the World Government Summit and a host of topics including economy, governance and UAE’s experiments in this respect. The World Bank President praised the UAE’s successful experiment in this field.

Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai, other Shaikhs and senior officials were present.

Shaikh Mohammad and Professor Schwab reviewed the latest economic and information technology advancements at regional and international levels, as well as the Fourth Industrial Revolution which focuses on the positive impact of modern technology on progress of science, innovation, human and economic development.