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Hatta Committee launches 14 investment opportunities for citizens at the Sustainable Waterfalls
Hatta Committee launches 14 investment opportunities for citizens at the Sustainable Waterfalls

Emirates 24/7

timea day ago

  • Business
  • Emirates 24/7

Hatta Committee launches 14 investment opportunities for citizens at the Sustainable Waterfalls

Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, the Supreme Committee for the Development of Hatta has launched 14 new investment and commercial opportunities at the Hatta Sustainable Waterfalls project. These opportunities, offered through Dubai Municipality, aim to empower local citizens, creating job opportunities, and supporting sustainable economic and social development in the region. All retail spaces at the Hatta Sustainable Waterfalls will be allocated to Emiratis residing in Hatta, free of charge, for a one-year period — providing a springboard for small businesses and productive families to grow within one of the UAE's most scenic and culturally rich destinations. The initiative supports the Dubai 2040 Urban Master Plan, the Hatta Development Master Plan, and the objectives of the Supreme Committee for the Development of Hatta by creating investment opportunities for citizens. It also supports both the Dubai Social Agenda 33 and the Dubai Economic Agenda D33, which aim to position Dubai among the world's top three cities for tourism, while fostering inclusive economic development and environmental sustainability. Supporting local entrepreneurs Spanning a total area of 750 square metres, the new investment opportunities include: four restaurants, four retail stores and six food and beverage kiosks. The spaces will offer a variety of experiences including Emirati, Arabic, Western, and traditional cuisine, as well as local cafes, equipment rentals, and souvenir and gift shops. These projects aim to stimulate tourism, support local culture, and promote economic self-sufficiency for Hatta residents. Bader Anwahi, CEO of the Public Facilities Agency at Dubai Municipality, said: 'For the first time, investment and commercial opportunities are being introduced in the Hatta Dam area, specifically at the Sustainable Waterfalls. This marks a significant step in strengthening the local economy and empowering Emirati entrepreneurs. The initiative creates a supportive business environment that generates unique job opportunities for citizens, fosters new projects, and enables productive families and residents to expand their small businesses. These opportunities will drive Hatta's economic development and open the door for a new generation of entrepreneurs to grow their ventures.' Dubai Municipality invites all citizens residing in Hatta to submit applications at Selection will be based on clear eligibility criteria set by the evaluation committee. The Hatta Sustainable Waterfalls is a major tourist attraction within the Hatta Dam area. It features cascading water from the upper dam of the Hatta Hydroelectric Plant flowing over a mosaic mural — the largest of its kind in the world — depicting the late Sheikh Zayed bin Sultan Al Nahyan and the late Sheikh Rashid bin Saeed Al Maktoum. The mural spans 2,199 square metres and comprises over 1.2 million pieces of natural marble.

UAE jobs: 14 retail spaces to open at Hatta Waterfalls with new stores, F&B outlets
UAE jobs: 14 retail spaces to open at Hatta Waterfalls with new stores, F&B outlets

Khaleej Times

time2 days ago

  • Business
  • Khaleej Times

UAE jobs: 14 retail spaces to open at Hatta Waterfalls with new stores, F&B outlets

An exciting slate of investment and commercial opportunities have been announced at the Hatta Sustainable Waterfalls project, bringing with them job opportunities and sustainable economic and social development. This has been done under the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. It was announced that all retail spaces at the Hatta Sustainable Waterfalls will be allocated to Emiratis residing in Hatta, free of charge, for a one-year period. This is in order to boost small businesses in their infancy and support families in the region. The initiative supports the Dubai 2040 Urban Master Plan, the Hatta Development Master Plan, and the objectives of the Supreme Committee for the Development of Hatta by creating investment opportunities for citizens. It also supports both the Dubai Social Agenda 33 and the Dubai Economic Agenda D33, which aim to position Dubai among the world's top three cities for tourism, while fostering inclusive economic development and environmental sustainability. Supporting local entrepreneurs Spanning a total area of 750 sqm, the new investment opportunities include: four restaurants, four retail stores and six food and beverage kiosks. The spaces will offer a variety of experiences including Emirati, Arabic, Western, and traditional cuisine, as well as local cafes, equipment rentals, and souvenir and gift shops. These projects aim to stimulate tourism, support local culture, and promote economic self-sufficiency for Hatta residents. Bader Anwahi, CEO of the Public Facilities Agency at Dubai Municipality, said, 'For the first time, investment and commercial opportunities are being introduced in the Hatta Dam area, specifically at the Sustainable Waterfalls. This marks a significant step in strengthening the local economy and empowering Emirati entrepreneurs.' Dubai Municipality invites all citizens residing in Hatta to submit applications at Selection will be based on clear eligibility criteria set by the evaluation committee. The Hatta Sustainable Waterfalls is a major tourist attraction within the Hatta Dam area. It features cascading water from the upper dam of the Hatta Hydroelectric Plant flowing over a mosaic mural — the largest of its kind in the world — depicting the late Sheikh Zayed bin Sultan Al Nahyan and the late Sheikh Rashid bin Saeed Al Maktoum. The mural spans 2,199 sqm and comprises over 1.2 million pieces of natural marble.

RGTI: Rigetti Shares Jump after Needham hikes target on U.S. quantum momentum
RGTI: Rigetti Shares Jump after Needham hikes target on U.S. quantum momentum

Yahoo

time04-08-2025

  • Business
  • Yahoo

RGTI: Rigetti Shares Jump after Needham hikes target on U.S. quantum momentum

Aug 4 - Rigetti Computing (NASDAQ:RGTI) jumped more than 5% on Monday shortly after Needham raised its price target by $3, signaling fresh momentum in quantum computing. Warning! GuruFocus has detected 3 Warning Signs with RGTI. Analyst Quinn Bolton sees growing buzz around federal programs like DARPA's Quantum Benchmark Initiative (QBI) and the proposed Department of Energy Quantum Leadership Act. He believes those efforts could unlock new research funding and commercial opportunities. Rigetti leads a pack of startups racing to prove quantum machines can outperform classical systems. QBI aims to assess whether quantum devices deliver more value than their cost by 2033. Meanwhile, the DOE bill would allocate $2.5 billion over five years to boost quantum research. Investors weigh the promise of those programs against current realities: most quantum firms still run R&D losses and generate modest revenue. Bolton urges a cautious stance, recommending smaller, speculative positions. Yet his buy rating on Rigetti reflects confidence that government backing could pave the way for breakthroughs and higher stock gains. With Washington pulling out all the stops to keep the U.S. on the leading edge of high-tech, Rigetti advocacy demonstrates the crossroad of policy and private money. This is the place to keep an eye on future legislative actions and DARPA milestones to get new startup catalysts. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump dey host five African leaders - which kontris dey di list
Trump dey host five African leaders - which kontris dey di list

BBC News

time03-07-2025

  • Politics
  • BBC News

Trump dey host five African leaders - which kontris dey di list

President of di United States Donald Trump go host five leaders from African nations for Washington next week. According to White House official wey tok on Wednesday, e say di discussion wit Trump na to tok 'commercial opportunities'. Dis dey come afta Trump bin don sama different African kontris wit tariffs. Some of di African kontris wey Trump sama wit tariffs early dis year also dey among dose wey e go host next week 9 July, 2025. According to Reuters, Trump go host di five kontris for a summit from 9 - 11 July and dia focus go be on commercial benefits. Di White House official tok say di reason why Trump dey host di African leaders na for opportunities wey go benefit America and oda African partners. Also aleast 25 African kontris dey face partial and total US travel bans inside one new anti-immigration measure by US President Trump administration. According to one internal State Department memo wey Reuters see, America goment dey extend dia travel restrictions on 36 more kontris, wey go potentially ban citizens of these kontris entry into di US. Some of di African nations wey e invite come di US dey among dose wey dey face di travel ban. "President Trump believe say African kontris dey offer ogbonge commercial opportunities wey dey benefit both di American pipo and our African partners," di official tok. Meanwhile, Trump administration don cut several foreign aids to Africa including di USAID. Di US president say di spending cut na wetin e consider as wasteful and e no align wit im policy. Di five kontris wey Trump go host Di five kontris wey Trump go host for America na: Gabon, dey on di west coast of Africa and don get few leaders since dia independence from France for 1960, wit Omar Bongo ruling as president for more dan four decades until e die for 2009. Gabon na major oil producer but a third of dia population dey live for poverty, according to di World Bank. Dia population na around 2.3 million. Dem comot Ali Bongo for a coup for August 2023. Gabon military leader Gen Brice Oligui Nguema wey bin lead di 2023 coup wey end almost 60 years dynasty bin win di April presidential election wit more dan 90% of di votes, provisional results show. Liberia na Africa oldest republic, but dem sabi am for 1990s during di long-running, civil wars and dia role for a fight for neighbouring kontri Sierra Leone. Although e dey founded by freed American and Caribbean slaves, Liberia dey mostly inhabited by indigenous Africans, wit di slaves' descendants comprising 5% of di population. Life expectancy for Liberia na 59 years for men and 62 years for women. Dem get population of about 5.3 million. Di opposition leader Joseph Boakai bin defeat di incumbent George Weah for di November 2023 presidential election run-off—to become di incumbent leader.

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