Sheikh Nahyan bin Mubarak Al Nahyan, Cabinet Member and Minister of Culture & Knowledge Development, UAE said this yesterday while speaking at the first annual conference of All India Management Association here (AIMA).
"We know that in both India and the UAE we must develop our human capital if we are to have knowledge economies that compete successfully on a global scale," he said.
The objective of the conference was to promote collaboration in business and academics between the two countries.
The key theme of the conference was 'Building Human Capital for the Knowledge Economy'.
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It also involved dialogue on some key areas of common interest for India and the UAE, including creating excellence in education and training and developing talent for the global market, creating global healthcare centres using local talent and cost advantages and building smart and scalable infrastructure to drive long-term growth.
India's Ambassador in the UAE, TP Seetharam, and Anurag Bhushan, Consul General of India in Dubai also addressed the conference and brought attention on the potential for mutual cooperation at economic and cultural levels.