Sheikh Mohammed bin Rashid inspects Mina Al Hamriya Port
During the tour, the Dubai Ruler was briefed on the port's strategic role in supporting the UAE's food security and enabling trade across the Arabian Gulf, particularly in perishables and livestock, state news agency Wam reported.
'We're transforming our ports into dynamic gateways that not only connect the world and accelerate the flow of goods but also drive innovation and opportunity,' said Sheikh Mohammed.
'Our goal isn't just to compete, but to lead global trade with a transformative vision and new standards. We want Dubai to be the first choice for traders, the trusted route for commerce, and the most dynamic hub in the world's supply chains.'
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The National
25 minutes ago
- The National
How to enrol your child at school in the UAE
The UAE is home to some of the best private school brands in the world. That will soon include two campuses of the UK's renowned Harrow School. But as the UAE experiences an influx of residents, particularly in Dubai and Abu Dhabi, securing places for children at the best schools has become competitive. Whether you're new to the Emirates' education system and don't know where to start, or looking to switch your child's school, here's everything you need to know about getting a place. How has demand changed over the past year? There has been a significant increase in enrolments, driven by the high number of families moving to the UAE, notably from the UK, said Victoria Lumby, senior vice president of growth at Gems Education. 'Year on year, our total enrolments have risen by approximately 5 per cent.' To meet this rising demand, Gems Education has expanded capacity at some of its schools across Dubai and Abu Dhabi. It also opened Gems Education Founders School – Masdar City and Gems Education Founders School – Dubai South last year, with Gems Education School of Research and Innovation to follow next month. Nikki Holman, head of admissions of UK curriculum schools at Taaleem, reported a similar increase. 'Over the past year, we have experienced accelerating demand across our school portfolio,' she said. 'New campuses such as Dubai British School Jumeira have reached high utilisation within their first year, and DBS Mira, set to open in August 2025, is already enrolling over 700 students, a record for a premium school in Dubai.' How do I know if a school is good? In Dubai, the Knowledge and Human Development Authority (KHDA) rates schools regularly with six rankings, from 'very weak' to 'outstanding'. The rankings are available to the public in the Education Directory on its website. The Abu Dhabi Department of Education and Knowledge (Adek) does the same, and these ratings are also available on its website. Inspection criteria include students' achievement and progress, teaching and learning quality, curriculum and resources, leadership, management, environment, and safety. The KHDA also measures well-being and inclusion. 'We advise families to visit schools, speak with leadership teams, try to meet parents already at the school and review KHDA or Adek inspection reports to understand the unique strengths of each school,' said Ms Holman. How do I choose the right curriculum? It's important to consider your children's learning needs, said Ms Holman. 'For families who may return to their home country, choosing a familiar curriculum often supports continuity. Although the British curriculum is by far the most popular among families, the International Baccalaureate is widely recognised as a highly transportable curriculum for globally mobile families,' she added. There are several curriculum frameworks to choose from in the UAE. Taaleem schools also offer American and French curriculums, while Gems Education also offers an Indian curriculum. How much are fees? Education institutions in Dubai and Abu Dhabi can vary widely when it comes to fees. In May, the KHDA announced that private schools in Dubai will be allowed to increase tuition fees by up to 2.35 per cent in the 2025-2026 academic year. The fees can be found on each school's website. For example, following the price rise, at Kings' School Al Barsha in Dubai, Foundation Stage 1 costs Dh57,999, while Year 13 is Dh105,873. Brighton College Abu Dhabi charges Dh50,830 for nursery and Dh80,780 for Year 13. When should parents start the admissions process? The earlier the better. 'Choosing the right school for your child is a significant decision and one that should be made with careful consideration and time to explore all aspects of the school,' said Luke Steward, director of admissions and marketing at Swiss International Scientific School Dubai. 'Our admissions for the 2026/27 academic year will open once the current school year is under way, while we continue to accept applications for the current year where space is available.' Most schools open admissions in January for the academic year beginning the following September, said Ms Holman. At Gems Education, schools accept applications a full year in advance and they are open during the summer for tours and support with applications, added Ms Lumby. What is the admissions process? The process is similar across schools. It often includes an online application form, an application fee and the submission of documents, such as passport copies, visa pages, Emirates ID and school reports, depending on the year group you're applying for. An assessment appointment will follow and, if successful, an offer letter will be issued. The place will be reserved with a signed offer and deposit. What should my child expect from the admissions test? Tests depend on the grade and curriculum. They typically cover key subjects such as science, maths and English. In Abu Dhabi, children are accepted on a first-come, first-served basis and the tests are used to help determine their grade level. In Dubai, assessments are often prerequisites for elite schools and some carry a non-refundable fee of up to Dh1,000 What happens if we are put on the waiting list? For many schools, being placed on a waiting list is common because year groups fill up fast, particularly in transitional years such as Foundation Stage or Year 1. For example, Gems Education schools such as Jumeirah Primary School, Jumeirah College and Gems Education Wellington International School have waiting lists across all year groups. Others, such as Gems Education International School, only have them in some year groups. Finding yourself on the waiting list can be unsettling for families, said Mr Steward of Swiss International Scientific School Dubai. 'While there is often movement as family plans shift, we can never guarantee when a place will become available,' he added. 'We always recommend that families check in with our admissions office as early as possible to understand current availability. Staying in regular contact ensures you're well positioned if a space becomes available.' At Gems Education, application fees need to be paid and assessments completed even if you're on the waiting list. 'Wait-listed families are then updated on a termly basis, but will need to reapply if they've been on the wait-list for over two years,' said Ms Lumby. 'When a seat becomes available, students with siblings already attending the school are given priority; otherwise, it's first come, first served.' What are common documentation issues? One of the most important documents is a transfer certificate from your child's current school. 'Depending on your country of origin, this may need to be attested,' said Mr Steward. 'If this step is missed or not completed properly, it can cause delays in final enrolment.' Beyond this, teacher recommendations are often required, which can be difficult to obtain during summer holidays. 'School reports are occasionally submitted in informal formats which can lead to delays,' added Mr Steward. 'Wherever possible, we kindly ask families to provide official, signed and dated academic records.' Remote assessments may also be required if the student cannot attend in person. 'These require appropriate invigilation to be considered valid, which can be a challenge if your current school is closed or teachers are unavailable during holidays,' said Mr Steward. Ms Holman also advised families to bring original birth certificates, immunisation records and previous school reports for the last two academic years. What support do schools offer families who are new to the UAE? Everything from personalised school tours to transition support, admissions consultations and a step-by-step onboarding process are offered, said Ms Holman. 'Our community-focused schools provide induction programmes for both students and parents, including orientation events, communication guidance and resources about life in the UAE.' What should I do if my child has additional needs? While inclusion services for children with physical or intellectual disabilities are mandatory as per the KHDA and Adek, provision widely varies, so parents should carry out detailed research to find the right fit, said Victoria McKeown, a neurodiversity specialist known as The Diverse Mind Coach. 'Try to get the school to offer a trial session. Very often, when they see what the child's needs are, they realise they can accommodate them because their needs aren't significant enough to need a huge amount of support,' she said. If a school is insisting on a learning support assistant (LSA), which comes at an extra cost, parents need to advocate for themselves, Ms McKeown added. 'Ask: what would the LSA be used for? How do you know my child will need this LSA, and also what would a phasing-out plan look like? How will we know when we don't need an LSA any more?' Above all, it's important to decide whether the school will be able to meet your children's needs, said Ms McKeown.
The National
an hour ago
- The National
Federal Reserve meeting: If not now, then when?
The Federal Reserve enters this week facing relentless pressure from the White House, mixed economic data and continued uncertainty. Yet, in the face of it all, the US central bank is expected to hold rates steady once more. The meeting comes less than a week after President Donald Trump's tour of the Fed headquarters, where he and Federal Reserve Chair Jerome Powell publicly bickered over the renovation project's costs. But with Mr Trump on holiday in Scotland, focus now shifts towards the Fed's interest rates. Mr Powell had acknowledged the bank would have cut rates by now were it not for Mr Trump's tariffs, which have put the global economy on edge since his announcement on April 2. The President's harsher 'reciprocal tariffs' are due to take effect on Friday. Meanwhile, recent data shows that other charges are beginning to be passed on to consumers. The Labour Department's Consumer Price Index (CPI) report showed that inflation rose to 2.7 per cent annually in June. Everyday goods such as toys, household appliances and clothing also saw price increases. Citing uncertainty surrounding tariffs and the current inflation level above its 2 per cent target, most Fed officials are signalling they will keep their target range level for a fifth consecutive meeting at 4.25 to 4.50 per cent. The UAE Central Bank, which mirrors Fed decisions due to the dollar peg, would also be expected to hold rates at 4.4 per cent following the US central bank's announcement. Path forward According to the Fed's projections from June, it still expects to cut rates twice this year to bring its target level to around 3.9 per cent. But with the central bank likely to hold interest rates at this meeting and only three left on the calendar this year, the window to cut is closing. 'We're simply taking some time,' Mr Powell said during a panel discussion in Portugal at the start of July. Mr Powell has practised extreme caution towards cutting rates this year, afraid that moving too soon or too quickly could lead to a renewed spike in prices not long after the most recent inflationary surge, with CPI inflation peaking at 9.1 per cent in 2022. 'When you get through an inflation episode like that, by the skin of their teeth, they're going to be really careful about anything that looks inflationary from now on,' said Derek Tang, an economist at LHMeyer/Monetary Policy Analytics in Washington. Traders anticipate the Fed will resume cutting rates in September, before reductions in October and December, according to CME Group data. A deluge of economic data this week should also give Fed officials greater clarity on the direction of the economy. When you get through an inflation episode like that, by the skin of their teeth, they're going to be really careful about anything that looks inflationary from now on Derek Tang, economist at LHMeyer / Monetary Policy Analytics The Labour Department will provide fresh insight into the health of the labour market with the Job Openings and Labour Turnover Survey on Tuesday and the June unemployment report on Friday. The government will also report on second-quarter GDP hours before the Fed rate announcement. US economic activity contracted by 0.5 per cent in the first quarter, but economists note that was due to a surge of imports as business rushed to get ahead of tariffs. The Fed's preferred inflation metric – Personal Consumption Expenditures Price Index – for June is also due to be released on Thursday. Fed divisions Not everyone might be on board with the committee's decision this time. Public remarks indicate a growing division inside the rate-setting Federal Open Market Committee. Fed Governor Christopher Waller, who holds a permanent vote on the rate-setting committee, laid out his case for a quarter-point cut earlier this month. Speaking in New York, he said the Fed should not wait for further weakening in the labour market to act. 'With inflation near target and the upside risks to inflation limited, we should not wait until the labour market deteriorates before we cut the policy rate,' he said. US job growth was more solid than expected in June, although most of those gains occurred in the government sector. At the same time, the unemployment rate has remained steady around 4.1 per cent. Dissents among FOMC members are rare. Under Mr Powell's stewardship, only 3 per cent of dissents have come from a Fed governor. 'I'm sure it'll get a lot of attention,' said David Wilcox, senior fellow at the Peterson Institute for International Economics and director of US economic research at Bloomberg Economics. However, he argued such disagreements could guard against groupthink. Fed Vice Chair for Supervision Michelle Bowman could join Mr Waller's dissent after she voiced her own support for a rate cut this month. It would be the first time two Fed governors dissented on a rate move since 2002, when Alan Greenspan was in charge of the central bank. Mr Wilcox, a former staff member of the Federal Reserve Board, expects Mr Powell to acknowledge there could be a case to cut rates this week but that a majority of officials favour holding them steady. 'And he'll lay out the rationale for why that is,' he said. What will Trump say? Looming against this backdrop is Mr Trump, who softened his stance on Mr Powell last week after touring the Fed's headquarters. Those attacks have ranged from calling the Fed Chair a 'numbskull' to at times publicly considering whether he should fire him. But last week's tour offered some relief for Mr Powell after Mr Trump said he did not think the unprecedented move is necessary. 'I think we had a very good meeting on interest rates. And [Mr Powell] said to me … very strongly, the country is doing well,' Mr Trump told reporters after touring the Fed. 'I got that to mean that I think he's going to start recommending lower rates.' Mr Powell has sometimes cited the economy's strength as a reason not to move on rates. The President's holiday in Scotland could give the Federal Reserve some breathing room for now, although Mr Trump has proven he can dictate the news cycle and gyrate financial markets with a push of a button.
Zawya
8 hours ago
- Zawya
HKSTP Takes Nine Game-Changing AI Tech Ventures to WAIC 2025 to Advance China's AI Plus Vision in Transforming Business and Industry
HONG KONG SAR / SHANGHAI, CHINA - Media OutReach Newswire - 27 July 2025 - Hong Kong Science and Technology Parks Corporation (HKSTP) is embarking on a mission to advance China's AI Plus vision with nine Hong Kong AI park companies at the World AI Conference & High-Level Meeting on Global AI Governance (WAIC) 2025, taking place from July 26-29 in Shanghai, China. In collaboration with the Hong Kong Trade Development Council and Cyberport, HKSTP is leveraging Hong Kong's growing global AI innovation hub status to advance the China's strategic AI initiative and applying AI and big data to transform old and new industry sectors to boost a new era of growth. Mr. Eric Or, Acting Chief Corporate Development Officer, HKSTP, said: "Hong Kong is a crucible for world-class AI innovation and our unique HKSTP ecosystem provides an ideal platform to empower AI tech firms with global fluency and pave the way for global expansion. By taking local tech companies on a global growth journey and attracting more international startups to land Hong Kong and integrating into the Mainland China or even the Asia markets means a growing critical mass of world-class AI innovators is created. This influx of global talent and technology will accelerate the country's high-tech industry and economic development, further fueling the national drive for new quality productive forces." The nine park enterprises participating in the Hong Kong Pavilion cover technologies in life and health tech, fintech, entertainment, aerospace tech, digital education and more, highlights included: Hong Kong Space Robotics and Energy Centre Limited (HKSRE) is an InnoHK R&D centre focuses on aerospace technology R&D to foster international collaboration for the Chang'e-8 mission. It brings together institutions from local and overseas to jointly develop the mission's Hong Kong-operated robot—a multifunctional lunar surface operations and mobile charging system. Centre for Artificial Intelligence and Robotics (CAIR) Hong Kong Institute of Science & Innovation Chinese Academy of Sciences is another InnoHK R&D centre, showcases MicroNeuro, the world's first flexible robotic system for minimally invasive neurosurgery to address challenges of fragile brain tissue and confined spaces, surpassing human surgical limits. Digital Domain, a global leader in Hollywood visual effects and AI virtual human technologies, showcases the AI-powered video creation solution "HANBAO" and "AI DOMAIN", an all-in-one content creation platform, empowering creators to tailor high-quality short videos for online platforms. Digital Domain has set up its state-of-the-art R&D centre in Hong Kong, driving the innovative development among entertainment and cross-industry. In addition to the showcase of tech firms, HKSTP also hosted a provoking panel discussion at WAIC 2025, exploring the theme of: "From Hong Kong to global impact: Shaping the future with AI and New Quality Productive Forces for Cross-industry Growth", moderated by Ms Pheona Kan, Director of Business Development at HKSTP with the fellow scientists and experts from the field. The discussion highlighted how Hong Kong has a unique role in global AI development by uniting international talent and technology behind the city's AI vision which also aligns with China's vision to transform industry through quality productive forces. As the largest I&T ecosystem in Hong Kong, HKSTP is home to over 500 AI startups, including home-grown unicorns that are shaping the future of artificial intelligence. In alignment with Hong Kong's bold vision for technological leadership, the HKSTP San Tin Technopole Campus—a 20-hectare site within the soon-to-be-built San Tin Technopole—will serve as a critical catalyst for the city's next wave of innovation. Strategically located in the heart of the Northern Metropolis, the Campus is poised to become a flagship landmark for AI+ and beyond, aiming to promote its widespread development and application across sectors. This year, WAIC 2025, themed "Global Solidarity in the AI Era," will bring together top scientists, global leaders, entrepreneurs, policymakers, and innovators in the AI ecosystem. KSTP's participation at WAIC 2025 is a testament to Hong Kong's role as a bridge between Chinese and global innovators, fostering collaboration and exchange of ideas, technologies, and governance philosophies. Appendix 1: List of park companies at Hong Kong Tech Pavilion Centre for Artificial Intelligence and Robotics, Hong Kong Institute of Science & Innovation, Chinese Academy of Sciences (CAIR) ClusterTech Limited Digital Domain Hong Kong Centre for Cerebro-cardiovascular Health Engineering (COCHE) HK INBOT TECHNOLOGY LIMITED Hong Kong Space Robotics and Energy Centre Limited MattVerse Limited Metapool Technology Limited Ultipa Hong Kong Limited Hashtag: #HKSTP The issuer is solely responsible for the content of this announcement. About Hong Kong Science and Technology Parks Corporation Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 15,000 research professionals and over 2,300 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc. Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined. Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more. Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong. More information about HKSTP is available at Hong Kong Science and Technology Parks Corporation
