Experts Discuss ‘The Cultural Economy and the Economy of Culture’ at Abu Dhabi Summit

Experts Discuss ‘The Cultural Economy and the Economy of Culture’ at Abu Dhabi Summit

Culture Summit Abu Dhabi is bringing global experts in the fields of design, heritage, media, public policy, technology and business for a series of speeches, panel discussions, case studies, artist talks and performances.

The summit, organized by the Department of Culture and Tourism - Abu Dhabi, has returned to the UAE capital for the fourth year in an online format, exploring the theme of 'The Cultural Economy and the Economy of Culture."

Addressing the summit, Chairman of DCT - Abu Dhabi Mohamed Khalifa Al Mubarak said culture is a mainstay for prosperity for any community, and therefore should remain at the heart of issues prioritized by decision makers.

"Culture is a lifeboat for humanity at large under the exceptional circumstances the world is reeling under due to the overwhelmingly negative impact the COVID-19 pandemic has on mental health; and as the fallout of this pandemic is projected to persist, culture becomes our ideal refuge," he added.

Delivering her opening address, UNESCO Director General Audrey Azoulay said that cultural recovery is an anthropological necessity, and an economic necessity, "for the creative economy generates trillions of dollars every year, and its impact and influence is often underestimated. It is also a necessity for peace, because culture