Dubai: The fourth industrial revolution will take centre stage at a two-day conference starting on Tuesday at the Sharjah FDI Forum.

The forum will lead topics such as the fourth industrial revolution, its impacts, challenges, and opportunities; the entrepreneurship and start-up ecosystem in Sharjah and the UAE; the policies and strategies that drive investments and competitiveness across the world.

“It is anticipated that the fourth industrial revolution will change the way we live forever, looking at its increasing influence in every aspect of our lives. However far-reaching its impacts may already be, the concept is fairly new with global economies trying to get to grips with it,” Marwan Bin Jasem Al Sarkal, the chief executive officer of Shurooq, told Gulf News by email.

“The Sharjah FDI Forum this year will function as a one-stop-shop for answering your questions and for gaining expert insights into what the future of the world seeing unprecedented proliferation rapidly advanced technologies like AI [Artificial Intelligence], robotics, IoT [Internet of Things] and more may be. The two-day forum is set to help investors identify and capitalise on an array of prospects and markets from Sharjah and the UAE to the rest of the Mena [Middle East and North Africa] region,” he said.

More than 30 senior economists from the public and private sectors will participate in the event, and that speakers will also include senior officials from the UAE government and quasi-government bodies. Speakers will include Dr. Khalid Omar Al Midfa from Sharjah Media City, Abdul Aziz Saeed Al Muhairi from Sharjah Health Authority, Abdullah Bin Ahmad Al Saleh, Undersecretary of Foreign Trade and Industry at the UAE Ministry of Economy, and Sultan Abdullah Bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department.

“The forum is a brilliant opportunity to truly understand the future of business and investment in Sharjah, the UAE and beyond; and listen to a host of senior economists, chairpersons and CEOs from international bodies that have a considerable impact on local, regional and global economies,” said Mohammad Juma Al Musharrakh, Director of Invest in Sharjah.

The forum will also discuss innovation in governments and its objectives, besides giving live examples on Sharjah Government Networking, and also spell out what were the lessons learned from overseas.

The experts will also discuss the new trend in technology, which is blockchain. They will talk about the importance of blockchain for digital economy, the role blockchain play in protecting and developing smart cities, along with the role of blockchain in data encryption for e-governments, besides touching on possible sectors that can benefit from blockchain like health and financial sector.