Latest news with #theUAE
Al Etihad
7 days ago
- Sport
- Al Etihad
Ministry of Sports announces formation of Youth Council
13 Aug 2025 00:36 ABU DHABI (ALETIHAD)The UAE Ministry of Sports has launched the Youth Council – a premier platform designed to increase the involvement of young talent in driving progress within the national sports announcement of the council's formation coincided with International Youth Day on Tuesday, affirming its commitment to the directives of the wise leadership and in line with its forward-looking vision to empower Emirati youth and support them to become future leaders in various Ahmad Belhoul Al Falasi, Minister of Sports, announced that the establishment of the Youth Council represents a strategic step towards strengthening youth participation in shaping the future of national sports, reflecting the Ministry's confidence in the vital roles that young people play in achieving excellence and sustainability in this sector.'Its formation reflects our commitment,' said Al Falasi, 'to invest in the energy and creativity of young Emirati men and women, and to provide institutional platforms that enable them to take part in decision-making and contribute actively to the development of our sports ecosystem, in alignment with the objectives of the National Sports Strategy 2031 and the 'We the UAE 2031' vision.'In addition, the Council supports the Ministry's mission to achieve institutional excellence in line with the Sheikh Khalifa Government Excellence Programme (SKGEP), promoting collaboration across government entities to advance national initiative is part of the broader Youth Councils programme managed by the Federal Youth Youth Council aims to empower youth within national sports institutions and promote innovation by supporting new ideas and initiatives that drive progress in the sector, in line with the country's ambitious sports Council also plays a key role in enhancing internal engagement by establishing effective communication channels between young employees and senior leadership, helping to build a work environment that is collaborative and supports open Council is composed of a select group of distinguished young professionals from the Ministry, chaired by Hamad Al Jarwan, with Dr. Mansoor Al Shezawi serving as the Vice Chair. Its members include Abdulrahman Al Mansoori, Hamad Al Jasmi, Fatima Al Suwaidi, Mohammed Khalifa Al Qamzi, and Duaij Al appointed chairman Al Jarwan said the formation is 'a strategic move towards empowering young talent and ensuring that their voices are heard by decision-makers at the Ministry of Sports.'It demonstrates the strong commitment to a participatory approach and to engaging directly with youth, who are central to shaping the future of sports in the UAE. 'We remain dedicated to playing an active role in the development of the sports sector through innovative proposals, strengthening collaboration across all divisions of the Ministry, and conveying the aspirations of young athletes to the leadership,' he stated. Source: Aletihad - Abu Dhabi
Daily Tribune
03-07-2025
- Business
- Daily Tribune
Global Prize Targets Energy Wellbeing Crisis
TDT | Manama As mental and physical strain quietly wear down the global energy workforce, a new initiative backed by UAE-based healthcare giants is aiming to shift the spotlight. The $1 million Human Energy Award, jointly launched by Response Plus Holding and Burjeel Holdings, is the first of its kind to reward organisations tackling the growing crisis of employee wellbeing in high-stress energy environments. The inaugural winner will be named at ADIPEC 2025. Positioned as a global benchmark in workforce wellbeing, the award will go to an organisation that can demonstrate the most innovative, impactful and measurable solution to improve health outcomes for energy workers. It is open to companies of all sizes, with a strong emphasis on supporting small and medium-sized enterprises across the global energy supply chain. Focus on prevention The organisers say the award reflects a broader shift in industry thinking, where resilience, mental health and preventive care are now seen as central to operational performance. The initiative is not only about care but about culture, rewarding those who build systems that protect and uplift the people powering the world's energy. Dr Richard Heron, former Vice President of Health and Chief Medical Officer at BP, will chair the independent international jury. He will be joined by renowned wellness coach Vinay Menon and global energy analyst John Defterios, creating a panel that brings together expertise in occupational medicine, elite athletic wellness and macroeconomic insight. Industry leaders speak out Dr Rohil Raghavan, CEO of Response Plus Holding, said the award reflects RPM's commitment to placing people at the centre of progress and aims to set a new benchmark for valuing the workforce. Steven Wines, CEO of Prometheus Medical International and head of the steering committee, said the goal is to encourage innovative solutions that make a tangible difference to people across the energy value chain. Burjeel Holdings CEO John Sunil echoed the sentiment, noting the award underlines the vital role of preventive care and well-being in sustaining a resilient workforce. Aligned with UAE vision Launched in line with the 'We the UAE 2031' agenda and the UAE National Wellbeing Strategy, the award reflects the country's ambition to lead on global standards in health, innovation and human capital development. The Human Energy Award sends a clear message. Wellbeing is no longer a side issue in the energy sector. It is the new frontier of innovation.
Mid East Info
15-06-2025
- Business
- Mid East Info
UAE's GDP reach AED 1,776 billion in 2024 with four per cent growth - Middle East Business News and Information
Non-oil sectors now account for 75,5 per cent of the national economy The UAE's real gross domestic product (GDP) reached AED 1,776 billion in 2024, marking a 4 per cent increase compared to that of 2023. Non-oil GDP grew by 5 per cent, totaling AED 1,342 billion, while oil-related activities contributed AED 434 billion to the overall economy. H.E. Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the latest GDP figures released by the Federal Competitiveness and Statistics Centre (FCSC) reflect a renewed and positive momentum in the national economy. They further underscore the new milestones achieved by the UAE in economic diversification and competitiveness, guided by the vision and directives of its wise leadership. With non-oil sectors accounting for 75,5 per cent of the UAE's GDP by the end of last year, H.E. emphasized that these indicators reflect the sustained success of the nation's economic strategies, which are driving the transition toward an innovative, knowledge-based, and sustainable economic model aligned with global trends and emerging technologies. H.E. said: 'Under the leadership of H.H. Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and guidance from H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice‑President, Prime Minister of the UAE, and Ruler of Dubai, we continue to strengthen our national efforts to achieve the objectives of 'We the UAE 2031' vision. With each milestone, we are moving closer to achieving the UAE's target of raising GDP to AED 3 trillion by the next decade, while reinforcing its position as a global hub for the new economy, driven by sustainable development, international competitiveness, and forward-looking leadership.' Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre highlighted that the 4 per cent GDP growth in 2024 reflects the UAE's exceptional economic performance, supported by a forward‑looking vision focused on sustainable, non‑oil‑driven growth. Hanan Ahli further stated that the guidance and forward-looking vision of the UAE's wise leadership are focused on building an advanced and globally competitive economic model. Economic diversification is adopted not only as a strategic objective but also as a core operational approach, driving sustainable development and enhancing societal well-being. This model serves as a powerful catalyst for continued progress, ensuring sustained GDP growth and positive performance across a wide range of economic and development indicators. Top performing economic sectors: The transport and storage sector emerged as the fastest-growing contributor to GDP in 2024, recording a 9,6 per cent year-over-year growth. This growth was primarily driven by the exceptional performance of UAE airports, which handled 147,8 million passengers—an increase of approximately 10 per cent. The building and construction sector followed with an 8,4 per cent growth rate, supported by substantial investments in urban infrastructure. Financial and insurance activities expanded by 7 per cent, while the hospitality sector, encompassing hotels and restaurants, rose by 5,7 per cent. Meanwhile, the real estate sector recorded a 4,8 per cent growth. With regard to non-oil economic activities that contributed most to the GDP, the trade sector contributed 16,8 per cent, the manufacturing sector accounted for 13,5 per cent, and financial and insurance activities contributed 13,2 per cent. Construction and building contributed 11,7 per cent, while real estate activities accounted for 7,8 per cent of the non-oil GDP.
Hi Dubai
29-05-2025
- Business
- Hi Dubai
UAE Launches Future 50 Initiative to Boost Innovation and Economic Growth
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has launched the 'UAE Future 50' initiative, spotlighting 50 cutting-edge Emirati startups driving the country's innovation and economic diversification efforts. The initiative, developed by the Government Development and the Future Office in collaboration with the Ministry of Economy, is part of the broader Riyada entrepreneurship ecosystem. It highlights ventures across 15 strategic sectors including fintech, healthtech, edtech, space, sustainability, smart mobility, and the creative industries. Sheikh Hamdan reaffirmed the UAE leadership's commitment to supporting national entrepreneurs and fostering a startup-friendly environment. He emphasized the role of Emirati innovators in shaping future industries and enhancing the UAE's global competitiveness, aligning with the long-term 'We the UAE 2031' vision. The launch event gathered government officials, business leaders, investors, and entrepreneurs, showcasing the selected startups and their contributions to the future economy. Emirati entrepreneur Faisal Belhoul delivered a keynote speech, underlining the importance of ambition, resilience, and innovation in entrepreneurship. Minister of State for Government Development and the Future Ohood bint Khalfan Al Roumi called the initiative a testament to the UAE's global leadership in future readiness. She highlighted its role in positioning national talent at the forefront of transformative sectors. Undersecretary of the Ministry of Economy Abdullah Al Saleh added that the initiative will accelerate sustainable economic growth by empowering local talent and supporting ventures with high potential. Building on the success of the Future 100 programme, UAE Future 50 aims to nurture a thriving innovation ecosystem and inspire a new generation of entrepreneurs, reinforcing the nation's vision for a diversified and future-ready economy. News Source: Emirates News Agency
Web Release
21-05-2025
- Business
- Web Release
UAE highlights innovative use of technology in intellectual property protection at the International Trademark Association meeting
The UAE participated in the General Assembly meeting of the International Trademark Association (INTA), held in San Diego, USA. The discussions centered on the future of intellectual property (IP) amid rapid technological progress, particularly the role of modern innovations in reshaping IP rights protection. Key topics included the need to advance legal and regulatory frameworks to keep pace with ongoing developments in innovation and creativity landscapes. H.E. Abdelrahman Almuaini, Assistant Undersecretary for the Intellectual Property Rights Sector at the UAE Ministry of Economy, reaffirmed the UAE's strategic and proactive approach to enhancing IP protection systems through the adoption of latest technology. These efforts are in line with the nation's digital transformation vision and its ambition to become a global hub for innovation and talent. Dr. Al Muaini highlighted the UAE Strategy for Artificial Intelligence 2031 as a milestone in the country's journey to leadership in AI field, boosting efficiency, performance, and sustainability in alignment with the 'We the UAE 2031' vision. He highlighted the Ministry of Economy's success in streamlining trademark and patent examination processes, accelerating procedures, and improving decision-making. Additionally, the UAE has developed a comprehensive system to strengthen IP rights protection, reduce violations, resolve disputes, and enhance services for trademark registration – supporting businesses in boosting their competitiveness locally, regionally, and globally. Dr. Al Muaini pointed out that 33,852 national and international trademark applications were filed in the UAE in 2024, marking a seven per cent increase compared to that of 2023. From 2020 to 2024, the total number of applications reached 135,932, demonstrating growing demand for IP protection in the country. The UAE has fostered strong partnerships with the World Intellectual Property Organization (WIPO) and its regional offices, in addition to being a signatory to multiple international IP treaties. The Assistant Undersecretary emphasized the Ministry of Economy's continued collaboration with local, regional, and international entities to integrate AI technologies in managing patents, trademarks, industrial designs, and copyrights. Specialized training programs are also being conducted to equip professionals with AI-driven IP management tools. In his closing remarks, Dr. Al Muaini stressed the importance of advancing legal and ethical frameworks to match AI's rapid evolution, with a focus on transparency and data privacy. This ensures fairness and inclusivity in the global IP protection system. The International Trademark Association meeting serves as a vital forum for constructive dialogue among policymakers, legal experts, and industry leaders, aiming to build an equitable global system that fosters innovation while safeguarding creators' rights. Notably, the UAE will host the INTA General Assembly in 2029, becoming the first Middle Eastern country to do so. Additionally, the first INTA regional office will open in the UAE, underscoring the nation's leading role in shaping the future of IP globally.
