Latest news with #LatifabintMohammedbinRashidAlMaktoum
Mid East Info
12-05-2025
- Business
- Mid East Info
Talent Atelier Programme, a Unique Platform to Foster Dialogues Between Creative Arts Disciplines and the Art of Jewellery
Dubai Culture and L'ÉCOLE Middle East announce the open call for the second edition Dubai Culture and Arts Authority (Dubai Culture) has announced the open call for the second edition of 'Talent Atelier,' organised in partnership with L'ÉCOLE Middle East, School of Jewelry Arts, supported by Van Cleef & Arpels. The initiative offers participants an opportunity to expand their understanding of jewellery arts through in-class learning, hands-on practice and mentorship with industry experts. It aligns with Dubai Culture's mission to support the cultural and creative industries and strengthen Dubai's position as a global centre for culture, an incubator for creativity, and a thriving hub for talent. Emirati and UAE-based practitioners across multiple arts disciplines, such as visual arts, graphic and interior design, architecture and jewellery arts are invited to apply for the programme, which falls under the umbrella of the Dubai Cultural Grant, an initiative under the Dubai Quality of Life Strategy. Six selected designers will be chosen to attend a series of trainings and workshops in three phases: Phase 1: Dubai – from 30 June to 11 July 2025 at L'ÉCOLE Middle East's campus in Dubai Design District (d3). The sessions will explore the history and cultural evolution of jewellery, provide insights into gemstones and their properties, and introduce key methods used in fine craftsmanship. Participants will also develop their concepts into detailed sketches and initial proposals. Phase 2: Paris –from 1 to 7 September 2025 at L'ÉCOLE's France & Europe campus, located at the Hôtel de Mercy-Argenteau on the Grands Boulevards, to deepen their understanding of jewellery arts through courses and immersive experiences. Phase 3: Showcase of conceptualised projects in Dubai displaying proposed adaptations expressing knowledge and know-how. Applications are open until 1 st of June 2025. Submissions will be reviewed by a jury of industry professionals, who will assess each applicant's background, artistic approach, engagement with different media, and commitment to completing all stages of the initiative. Evaluation will be based on criteria, including material use, artistry, and the ability to produce original and distinctive work. The Talent Atelier programme aims to broaden the horizons of the UAE's creative talents and to enrich their knowledge of the forms of jewellery arts. The programme symbolises the strength of Dubai Culture and L'ÉCOLE Middle East's ongoing partnership, reflecting their shared goal of cultivating a vibrant cultural and creative ecosystem within the UAE and internationally, fostering a cross-cultural collaboration, elevating the UAE's talents and skills on the global artistic stage. About Dubai Culture & Arts Authority: Dubai Culture and Arts Authority (Dubai Culture), under the leadership of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, is committed to enriching Dubai's cultural scene based on the UAE's heritage, and is building bridges of constructive dialogue between various cultures to enhance Dubai's position as a global centre for culture, an incubator for creativity, and a thriving hub for talent. Dubai Culture is keen on reviving and preserving the emirate's historical heritage and developing the regulatory frameworks for the cultural and creative sector in line with its strategic roadmap 2020 – 2025. The Authority also seeks to empower the enablers that support talent and stimulate active public participation by investing in the various assets under its remit, including the management of five heritage sites, five museums, Al Jalila Cultural Centre for Children, 17 archaeological sites and nine Dubai Public Library branches, all of which help contribute to creating an economic system that invigorates the cultural and creative industries. The Authority also offers 8 services and 26 sub-services. About L'ÉCOLE, School of Jewelry Arts: Established in 2012 with the support of Van Cleef & Arpels, L'ÉCOLE, School of Jewelry Arts aims to introduce the public to all aspects of jewelry culture through various activities: courses, workshops, conversations, exhibitions, research, books and podcast. Activities at L'ÉCOLE cover three main areas: the history of jewelry, the world of gemstones and the savoir-faire of jewelry-making techniques. The courses are open to everyone, with no prerequisites: complete beginners as well as enlightened amateurs, collectors and those with a curiosity for the world of jewelry. Students experiment with gestures, skills and tools, guided by their lecturers – art historians, gemologists and craftsmen. L'ÉCOLE now has four permanent addresses: in Paris, Hong Kong, Shanghai and Dubai. The Middle Eastern campus was established in Dubai at d3 in April 2024. All proceeds from L'ÉCOLE Middle East's public courses and talks are donated to Dubai Cares to support youth education programs, underscoring the school's commitment to social responsibility and youth empowerment. Moreover, since its inception, L'ÉCOLE regularly travels abroad, in Europe, America, Asia and the Middle East, for talks, exhibitions or travelling course programs that can last one to three weeks. L'ÉCOLE, School of Jewelry Arts therefore contributes to the promotion and visibility of jewelry culture on an international scale.
Gulf Insider
06-05-2025
- Business
- Gulf Insider
Dubai Ranked World's Top Destination for Foreign Direct Investments
Dubai has been ranked the best city in the world for foreign direct investment (FDI) projects in the cultural and creative industries for the third consecutive year. In 2024, Dubai attracted 971 projects in the sector, with total FDI capital inflows reaching AED18.86bn ($5.1bn), resulting in the creation of 23,517 new jobs. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority (Dubai Culture), affirmed that Dubai's continued rise as a leading global hub for the creative economy reflects the far-reaching vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. She noted that Dubai's top global ranking for the number of foreign direct investment projects in the cultural and creative industries (CCI) in 2024, as reported by the Financial Times' 'fDi Markets' and its 'Creative Industries Cluster' classification, reaffirms the emirate's pioneering role in shaping a sustainable, innovation-driven creative economy. Dubai retained its position as the top global destination for attracting Greenfield FDI projects in cultural and creative industries among 233 cities in the report for the third year in a row, surpassing major cities such as London and Singapore. This achievement was driven by the emirate's strong performance across sub-sectors within the broader cultural and creative industries ecosystem. Flexible government policies contributed to boosting FDI flows into the cultural and creative industries and strengthening Dubai's position as an attractive destination for investors, entrepreneurs, and owners of innovative initiatives and projects. These include Executive Council Resolution No. (11) of 2025 issued by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, regulating the operation of free zone establishments within Dubai. The resolution allows them to expand their business outside the free zone, provided they obtain the necessary permits from the Dubai Department of Economy and Tourism (DET). The resolution aligns with the ambitious goals of the Dubai Economic Agenda D33, which focuses on building a dynamic business ecosystem in line with the leadership's vision to enhance competitive advantages and further improve the efficiency of local and international companies in the city. Another example is the Zero Government Bureaucracy (ZGB) programme, which aims to simplify and reduce government procedures, eliminate unnecessary requirements, and enhance efficiency, quality, and flexibility in government performance across the UAE, positioning it as an attractive destination for investors, entrepreneurs, and innovators. In addition, the recent introduction of the International Art Fairs Grant by the Dubai Culture and Arts Authority (Dubai Culture) offered financial support to Dubai-based galleries participating in art fairs abroad. Sheikha Latifa affirmed that Dubai's forward-looking strategies and progressive policies have been instrumental in deepening its cultural and economic diversity, transforming it into a global hub for business, creativity, and innovation and one of the world's most desirable cities to visit, live, and work in. She said: 'Guided by the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai has succeeded in building a dynamic cultural ecosystem; one that inspires creativity, welcomes talent from across the world, and fuels innovation at every level. 'Through strategic planning and pioneering initiatives, Dubai has cultivated an environment that empowers creatives, investors, and entrepreneurs to realise their ideas and turn them into impactful, sustainable projects that enrich the emirate's cultural fabric.' She said Dubai's ability to maintain its top ranking in attracting FDI in the cultural and creative industries signals investor confidence in the city's long-term vision. Sheikha Latifa said: 'FDI is not only a catalyst for economic growth but also a gateway to inclusive, long-term development. Dubai's success reflects its stature on the global cultural map and its reputation as a destination where ambition meets opportunity. 'Supported by world-class infrastructure, strategic positioning, and strong economic fundamentals, Dubai continues to be one of the fastest-growing cities for investment and talent'. She further noted that Dubai's performance across key areas of importance to the investor, including technological and innovation capabilities, efficient regulatory frameworks, financial mobility, government transparency, and investor protection, has reinforced its position as a global leader in trade, tourism, and investment, with the cultural and creative industries forming a core pillar of this continued success. According to data from the Dubai FDI Monitor, released by the Dubai Department of Economy and Tourism (DET), and based on the Dubai Framework for Cultural Statistics, the emirate attracted 971 projects in the cultural and creative industries sector in 2024. This represents an 8 per cent increase from the previous year's 898 projects. These projects generated a capital inflow of AED18.86b ($5.1bn), a nearly 60 per cent rise, and created 23,517 new jobs in 2024, a 9 per cent increase from 2023. This growth was driven by expansion in sub-sectors including: Advertising and PR Custom computer programming services Education and institutions in CCI domains CCI business services Filmmaking, media and gaming Software design specialising in advanced technologies AI Machine learning Digital engineering Cloud solutions Paint, coating and adhesive manufacturing The United States topped the list of countries for FDI capital inflows into Dubai's cultural and creative industries in 2024 with 23.2 per cent, according to the Dubai FDI Monitor and the Dubai Framework for Cultural Statistics, followed by India (13.4 per cent), the United Kingdom (9.4 per cent), Switzerland (7.6 per cent), and Saudi Arabia (4.8 per cent). India topped the list in terms of the number of FDI projects in the cultural and creative industries in 2024 with 18.8 per cent, followed by the United Kingdom (16.3 per cent), the United States (14.2 per cent), Germany (4.2 per cent), and Italy (3.7 per cent). These results reflect Dubai's targeted strategies and focus on these markets as key partners. India also led in job creation through FDI in CCI projects with 18.5 per cent, followed by the United States (14.6 per cent), the United Kingdom (13.6 per cent), Germany (4.3 per cent), and France (4 per cent). Data from the Dubai FDI Monitor, according to the Dubai Framework for Cultural Statistics, showed that greenfield wholly-owned FDI projects accounted for 76.5 per cent of the total FDI projects in the registered sectors in 2024, while new forms of investment made up 15.4 per cent, reinvestment projects 5.6 per cent, and merger and acquisition projects 2.4 per cent. Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism (DET), said: 'Dubai's global leadership in attracting greenfield FDI — including in the cultural and creative industries — is a direct outcome of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, and the disciplined execution of the Dubai Economic Agenda D33. 'As we advance toward our goal of solidifying Dubai's position among the world's top three urban economies, the creative economy has emerged as a strategic growth enabler, enhancing competitiveness, stimulating innovation, and reinforcing Dubai's role as a magnet for top-tier talent and international investment. 'Our regulatory clarity, robust IP protection, and adoption of frontier technologies such as AI are enabling this sector to integrate with high-impact industries including media, advanced manufacturing, and tourism, creating economic value at scale.' Hala Badri, Director-General of Dubai Culture, emphasised that Dubai's top ranking in the number of FDI projects reflects its flexibility and promising investment environment that encourages creativity, as well as the strength of its legal framework that has enabled the establishment of a progressive cultural ecosystem capable of attracting entrepreneurs and creatives worldwide. She said: 'Dubai continues to cement its leadership as one of the most prominent global hubs for FDI in CCI, thanks to its future-forward vision and ability to diversify its economy. 'Its innovative strategies like the Dubai Economic Agenda D33, which aims to position the emirate among the world's top three urban economies, and the Dubai Creative Economy Strategy, which seeks to increase the contribution of the creative sector to Dubai's GDP to 5 per cent by 2026, are helping expand opportunities for investors, entrepreneurs, and creatives in the cultural and creative industries. 'This is reflected in the findings of the 'Creative Dubai: Navigating Tomorrow's Creative Landscape' report launched by Dubai Culture in December 2024 to provide a data-driven analysis of the performance of the creative economy in Dubai and its diverse investment opportunities.' Dubai's success in attracting global creative investments underscores the significance of its investment ecosystem, the evolution of its regulatory frameworks, and its dedication to fostering innovation. As the sector continues to grow rapidly, the emirate remains a magnet for global capital and a vibrant cultural scene, reinforcing its position as a global hub for the creative economy. Also read: Dubai Metro Station Renamed
Dubai Eye
05-05-2025
- Business
- Dubai Eye
Dubai retains top global spot for FDI in creative industries
For the third year in a row, Dubai has been ranked as the top global destination for attracting Greenfield FDI projects in cultural and creative industries, as per the Financial Times' 'fDi Markets' report, covering 233 cities. In 2024, Dubai attracted 971 projects in the sector, with total foreign direct investment (FDI) capital inflows reaching AED 18.86 billion, resulting in the creation of 23,517 new jobs. Dubai's achievement surpasses major cities such as London and Singapore. Flexible government policies contributed to boosting FDI flows into the cultural and creative industries (CCI) and strengthening Dubai's position as an attractive destination for investors, entrepreneurs and owners of innovative initiatives and projects. "Through strategic planning and pioneering initiatives, Dubai has cultivated an environment that empowers creatives, investors and entrepreneurs to realise their ideas and turn them into impactful, sustainable projects that enrich the emirate's cultural fabric," said Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority (Dubai Culture). Dubai has ranked as the top city worldwide in the number of foreign direct investment (FDI) projects in the cultural and creative industries for 2024, maintaining its lead for the third consecutive year. Out of 233 cities ranked in the report, Dubai outperformed major global… — Latifa MR Al Maktoum (@hhshklatifa) May 5, 2025 According to data from the Dubai FDI Monitor, released by the Dubai Department of Economy and Tourism (DET), and based on the Dubai Framework for Cultural Statistics, the emirate attracted 971 projects in the CCI sector in 2024, an 8 per cent increase from the previous year's 898 projects. This growth was driven by expansion in sub-sectors including advertising and PR; custom computer programming services; education and institutions in CCI domains; CCI business services; filmmaking, media and gaming; software design specialising in advanced technologies, including AI, machine learning, digital engineering and cloud solutions; and paint, coating and adhesive manufacturing. The United States topped the list of countries for FDI capital inflows into Dubai's cultural and creative industries in 2024 with 23.2 per cent, followed by India (13.4%), the United Kingdom (9.4%), Switzerland (7.6%), and Saudi Arabia (4.8%). India topped the list in terms of the number of FDI projects in the sector with 18.8 per cent, followed by the United Kingdom (16.3%), the United States (14.2%), Germany (4.2%), and Italy (3.7%). India also led in job creation through FDI in CCI projects with 18.5 per cent, followed by the United States (14.6%), the United Kingdom (13.6%), Germany (4.3%) and France (4%). Greenfield wholly-owned FDI projects accounted for 76.5 per cent of the total FDI projects in the registered sectors in 2024, while new forms of investment made up 15.4 per cent, reinvestment projects 5.6 per cent, and merger & acquisition projects 2.4 per cent.
Arabian Business
05-05-2025
- Business
- Arabian Business
Dubai ranked world's top destination for foreign direct investments in creative and cultural industries with $5.1bn inflow and 23,500 new jobs
Dubai has been ranked the best city in the world for foreign direct investment (FDI) projects in the cultural and creative industries for the third consecutive year. In 2024, Dubai attracted 971 projects in the sector, with total FDI capital inflows reaching AED18.86bn ($5.1bn), resulting in the creation of 23,517 new jobs. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority (Dubai Culture), affirmed that Dubai's continued rise as a leading global hub for the creative economy reflects the far-reaching vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. Dubai creative and culture investments She noted that Dubai's top global ranking for the number of foreign direct investment projects in the cultural and creative industries (CCI) in 2024, as reported by the Financial Times' 'fDi Markets' and its 'Creative Industries Cluster' classification, reaffirms the emirate's pioneering role in shaping a sustainable, innovation-driven creative economy. Dubai retained its position as the top global destination for attracting Greenfield FDI projects in cultural and creative industries among 233 cities in the report for the third year in a row, surpassing major cities such as London and Singapore. This achievement was driven by the emirate's strong performance across sub-sectors within the broader cultural and creative industries ecosystem. Flexible government policies contributed to boosting FDI flows into the cultural and creative industries and strengthening Dubai's position as an attractive destination for investors, entrepreneurs, and owners of innovative initiatives and projects. These include Executive Council Resolution No. (11) of 2025 issued by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, regulating the operation of free zone establishments within Dubai. The resolution allows them to expand their business outside the free zone, provided they obtain the necessary permits from the Dubai Department of Economy and Tourism (DET). The resolution aligns with the ambitious goals of the Dubai Economic Agenda D33, which focuses on building a dynamic business ecosystem in line with the leadership's vision to enhance competitive advantages and further improve the efficiency of local and international companies in the city. Another example is the Zero Government Bureaucracy (ZGB) programme, which aims to simplify and reduce government procedures, eliminate unnecessary requirements, and enhance efficiency, quality, and flexibility in government performance across the UAE, positioning it as an attractive destination for investors, entrepreneurs, and innovators. In addition, the recent introduction of the International Art Fairs Grant by the Dubai Culture and Arts Authority (Dubai Culture) offered financial support to Dubai-based galleries participating in art fairs abroad. Sheikha Latifa affirmed that Dubai's forward-looking strategies and progressive policies have been instrumental in deepening its cultural and economic diversity, transforming it into a global hub for business, creativity, and innovation and one of the world's most desirable cities to visit, live, and work in. She said: 'Guided by the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai has succeeded in building a dynamic cultural ecosystem; one that inspires creativity, welcomes talent from across the world, and fuels innovation at every level. 'Through strategic planning and pioneering initiatives, Dubai has cultivated an environment that empowers creatives, investors, and entrepreneurs to realise their ideas and turn them into impactful, sustainable projects that enrich the emirate's cultural fabric.' She said Dubai's ability to maintain its top ranking in attracting FDI in the cultural and creative industries signals investor confidence in the city's long-term vision. Sheikha Latifa said: 'FDI is not only a catalyst for economic growth but also a gateway to inclusive, long-term development. Dubai's success reflects its stature on the global cultural map and its reputation as a destination where ambition meets opportunity. 'Supported by world-class infrastructure, strategic positioning, and strong economic fundamentals, Dubai continues to be one of the fastest-growing cities for investment and talent'. She further noted that Dubai's performance across key areas of importance to the investor, including technological and innovation capabilities, efficient regulatory frameworks, financial mobility, government transparency, and investor protection, has reinforced its position as a global leader in trade, tourism, and investment, with the cultural and creative industries forming a core pillar of this continued success. According to data from the Dubai FDI Monitor, released by the Dubai Department of Economy and Tourism (DET), and based on the Dubai Framework for Cultural Statistics, the emirate attracted 971 projects in the cultural and creative industries sector in 2024. This represents an 8 per cent increase from the previous year's 898 projects. These projects generated a capital inflow of AED18.86b ($5.1bn), a nearly 60 per cent rise, and created 23,517 new jobs in 2024, a 9 per cent increase from 2023. This growth was driven by expansion in sub-sectors including: Advertising and PR Custom computer programming services Education and institutions in CCI domains CCI business services Filmmaking, media and gaming Software design specialising in advanced technologies AI Machine learning Digital engineering Cloud solutions Paint, coating and adhesive manufacturing The United States topped the list of countries for FDI capital inflows into Dubai's cultural and creative industries in 2024 with 23.2 per cent, according to the Dubai FDI Monitor and the Dubai Framework for Cultural Statistics, followed by India (13.4 per cent), the United Kingdom (9.4 per cent), Switzerland (7.6 per cent), and Saudi Arabia (4.8 per cent). India topped the list in terms of the number of FDI projects in the cultural and creative industries in 2024 with 18.8 per cent, followed by the United Kingdom (16.3 per cent), the United States (14.2 per cent), Germany (4.2 per cent), and Italy (3.7 per cent). These results reflect Dubai's targeted strategies and focus on these markets as key partners. India also led in job creation through FDI in CCI projects with 18.5 per cent, followed by the United States (14.6 per cent), the United Kingdom (13.6 per cent), Germany (4.3 per cent), and France (4 per cent). Data from the Dubai FDI Monitor, according to the Dubai Framework for Cultural Statistics, showed that greenfield wholly-owned FDI projects accounted for 76.5 per cent of the total FDI projects in the registered sectors in 2024, while new forms of investment made up 15.4 per cent, reinvestment projects 5.6 per cent, and merger and acquisition projects 2.4 per cent. Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism (DET), said: 'Dubai's global leadership in attracting greenfield FDI — including in the cultural and creative industries — is a direct outcome of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, and the disciplined execution of the Dubai Economic Agenda D33. 'As we advance toward our goal of solidifying Dubai's position among the world's top three urban economies, the creative economy has emerged as a strategic growth enabler, enhancing competitiveness, stimulating innovation, and reinforcing Dubai's role as a magnet for top-tier talent and international investment. 'Our regulatory clarity, robust IP protection, and adoption of frontier technologies such as AI are enabling this sector to integrate with high-impact industries including media, advanced manufacturing, and tourism, creating economic value at scale.' Hala Badri, Director-General of Dubai Culture, emphasised that Dubai's top ranking in the number of FDI projects reflects its flexibility and promising investment environment that encourages creativity, as well as the strength of its legal framework that has enabled the establishment of a progressive cultural ecosystem capable of attracting entrepreneurs and creatives worldwide. She said: 'Dubai continues to cement its leadership as one of the most prominent global hubs for FDI in CCI, thanks to its future-forward vision and ability to diversify its economy. 'Its innovative strategies like the Dubai Economic Agenda D33, which aims to position the emirate among the world's top three urban economies, and the Dubai Creative Economy Strategy, which seeks to increase the contribution of the creative sector to Dubai's GDP to 5 per cent by 2026, are helping expand opportunities for investors, entrepreneurs, and creatives in the cultural and creative industries. 'This is reflected in the findings of the 'Creative Dubai: Navigating Tomorrow's Creative Landscape' report launched by Dubai Culture in December 2024 to provide a data-driven analysis of the performance of the creative economy in Dubai and its diverse investment opportunities.' Dubai's success in attracting global creative investments underscores the significance of its investment ecosystem, the evolution of its regulatory frameworks, and its dedication to fostering innovation. As the sector continues to grow rapidly, the emirate remains a magnet for global capital and a vibrant cultural scene, reinforcing its position as a global hub for the creative economy.
