The impact of the coronavirus (COVID-19) pandemic has forced governments to adopt practices for consolidating future approaches and accelerating the implementation of innovative solutions.

Statement during a session, entitled, "Strengthening Stakeholder Capitalism Principles and Practices," as part of the pillar, "Leading Responsible Transformation and Industrial Growth," under the framework of the UAE’s participation in the "Davos Agenda 2021," organised by the World Economic Forum as quoted in Governments have experienced new challenges that require revisiting concepts: Mohammad Al Gergawi in Wam (27 January 2021).