Tag: Dubai Records

ALGERIA / EGYPT / LEBANON / MOROCCO / PALESTINE / SYRIA / DUBAI, U.A.E : Mohammed bin Rashid honours winners of 2025 edition of Great Arab Minds initiative

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, honoured the six winners of the Great Arab Minds 2025 edition at the Museum of the Future in Dubai.

Great Arab Minds is the largest Arab initiative dedicated to celebrating outstanding Arab achievement, highlighting contributions to advance human civilisation, support the expansion of scientific and knowledge-based endeavours, and showcasing the creative impact of Arab talent across the region and globally.

His Highness affirmed that the Great Arab Minds initiative was designed to expand the horizons for established and emerging Arab talent, nurturing and investing in their potential; recognise Arab achievement across research, development, innovation, technology, culture, and architecture; and to reinforce a culture of pride and sustained support for Arab individuals who have inspired significant progress in key fields.

His Highness Sheikh Mohammed said, “Today, we honour Great Arab Minds in recognition of achievements that advance civilisation and build societies. From the Museum of the Future in Dubai, we reaffirm our support for Arab talent committed to innovation, creativity, and excellence.”

His Highness further said, “We congratulate the winners of the Great Arab Minds 2025: Professor Abbas El Gamal in the Engineering and Technology category, Dr. Nabil Seidah in the Medicine category, Professor Badi Hani in the Economics category, Professor Majed Chergui in the Natural Sciences category, Dr. Suad Amiry in the Architecture and Design category, and Professor Charbel Dagher in the Literature and Arts category. We encourage them to continue their journey of achievement and contribution, serving as true role models for younger generations in our region and around the world, inspiring them to shape a better future through science and knowledge.”

His Highness expressed his confidence in the ability of Arab talent to drive progress in scientific research, knowledge creation, and the cultural sector, supported by expertise, institutional support, and the ambition of young people across the region.

Focused on a better future

Sheikh Mohammed noted that the Great Arab Minds initiative will continue to highlight the achievements of Arab individuals who look to the future with optimism and pursue ambitions that recognise no limits.

The awards ceremony was attended by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE; H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council; H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group; His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, President of the UAE National Olympic Committee; H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority (Dubai Culture); and H.H. Sheikh Mohammed bin Rashid bin Mohammed bin Rashid.

Mohammed bin Abdullah Al Gergawi, Minister of Cabinet Affairs and Chair of the Higher Committee for the Great Arab Minds initiative, was among numerous ministers and senior officials in attendance along with scientists, academics and diplomats.

His Excellency Al Gergawi stated that the Great Arab Minds initiative launched by His Highness Sheikh Mohammed represents a profound recognition of Arab achievement across disciplines, and a significant strategic investment in empowering talent and encouraging renewed contributions to Arab intellectual and scientific progress.

He added that the Great Arab Minds initiative embodies Sheikh Mohammed’s vision to inspire confidence in Arab capabilities and motivate individuals to take an active role in shaping their societies and the future of a region that has long contributed to human civilisation through science, literature, thought, and architecture.

‘Powerful message’

He praised the achievements of the Great Arab Minds awardees across medicine, engineering, technology, sciences, architecture, arts, and literature, saying, “Your presence today on the Great Arab Minds 2025 platform at the Museum of the Future sends a powerful message to hundreds of millions of young people to pursue excellence, achievement, and leadership in research, innovation, creativity, and knowledge, and to help shape a brighter future for Arab and human civilisation.”

The award recognised one winner in each of its six categories: Medicine, Economics, Engineering and Technology, Natural Sciences, Architecture and Design, and Literature and Arts.

In Medicine, Dr. Nabil Seidah was honoured for his medical and research achievements in cardiovascular health and cholesterol regulation.

In Economics, Professor Badi Hani was awarded for his pioneering contributions to econometrics and the development of economic analysis tools, particularly in panel data analysis. His work enabled more accurate and in-depth analysis by combining data across multiple time periods and sources.

In Engineering and Technology, Professor Abbas El Gamal was awarded for his pioneering contributions to network information theory.

In Natural Sciences, Professor Majed Chergui was honoured for his contributions to understanding light-matter interactions, developing techniques and applications that enable the study of ultrafast molecular and material dynamics at the atomic level.

In Architecture and Design, Dr. Suad Amiry was honoured for her contributions to preserving Palestinian architectural heritage through documentation, restoration, and adaptive reuse of historical buildings.

In Literature and Arts, Professor Charbel Dagher was honoured for a body of work that constitutes a key reference in the study of Arab and Islamic arts, Arabic calligraphy, and modern visual arts.

Professor Abbas El Gamal said, “I extend my sincere gratitude to His Highness Sheikh Mohammed bin Rashid Al Maktoum for his vision in launching Great Arab Minds. Being honoured in this way is deeply meaningful to me.”

Professor Majed Chergui said, “I am Algerian of Syrian origin, born in Morocco and raised in Algeria and Lebanon. In this way, the Arab world comes together in who I am. For me personally, this award is not only the highest recognition of my achievements; it touches me deeply because it comes from an Arab country.”

Dr. Suad Amiry said, “In 1981, when I decided to live in the city of Ramallah, my aim was to study traditional architecture in rural Palestine. Ten years later, I founded the Riwaq Centre, which since then has been dedicated to documenting, restoring, and rehabilitating architectural heritage in Palestine. Winning this award is a great honour for me and for the Riwaq Centre.”

Professor Badi Hani said: “This award recognises not only my work, but also the people and places that shaped me, my family, my mentors, my city, and the Arab world that nurtured my earliest aspirations.”

Dr. Nabil Seidah said, “My father’s adage, that knowledge is something no one can ever take away from you, has been the principle that guided me throughout my journey. Your trust represents a powerful motivation for Arab scientists to serve as role models for future generations, and I pledge to continue serving science with the same passion that has always driven me.”

Professor Charbel Dagher said: “Commitment to the Arabic language has remained a defining hallmark of everything I have done: teaching, writing, and research, to the point that I live within Arabic itself. We cannot exist outside our language or our culture. Allow me to share this award with those who supported me, and my gratitude extends to everyone who has worked and continues to work to ensure that Arabic remains a living language of science, knowledge, and culture.”

The awardees were chosen by six high-level specialised committees, one for each category. Abdulla bin Touq Al Marri, Minister of Economy and Tourism, chaired the Economics Committee; Sarah Al Amiri, Minister of Education, chaired the Engineering and Technology Committee; Mohammed Ahmed Al Murr, Chairman of the Board of Directors of the Mohammed bin Rashid Al Maktoum Library Foundation, chaired the Literature and Arts Committee; Dr. Amer Sharif, Chief Executive Officer of Dubai Health and President of the Mohammed Bin Rashid University of Medicine and Health Sciences headed the Medicine Committee; Professor Sehamuddin Galadari, Senior Vice Provost-Research and Managing Director of the Research Institute at New York University Abu Dhabi chaired the Natural Sciences Committee; Professor Hashim Sarkis, Dean of the School of Architecture and Planning at the Massachusetts Institute of Technology chaired the Architecture and Design Committee.

In addition to the committee chairs, the specialised committees also included Essa Kazim, Governor of the Dubai International Financial Center; Dr Mohammed Madhi, Dean of the College of Business and Economics at UAE University; Dr Rabah Arezki, Chief Economist for the Middle East and North Africa (MENA) region at the World Bank and Senior Fellow at Harvard University’s John F. Kennedy School of Government; Ferid Belhaj, Fellow at the Policy Center for the New South; and Dr Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund.

The committees also included Professor Ismael Al Hinti, President of Al Hussein Technical University; Adel Darwish, Regional Director of the International Telecommunication Union; Dr Ahmed Zayed, Director of the Bibliotheca Alexandria; His Excellency Dr. Alawi Alsheikh-Ali, Director General of Dubai Health Authority; Professor Elias Zerhouni, Professor Emeritus at Johns Hopkins University; Dr Noureddine Melikechi Dean of the Kennedy College of Sciences and Professor of Physics at the University of Massachusetts Lowell; Professor Nader Masmoudi, Professor at the Courant Institute of Mathematical Sciences at New York University Abu Dhabi; Dr Latifa Elouadrhiri Laboratory Directed Research Staff Scientist at the Thomas Jefferson National Accelerator Facility; and Professor Dr Jehane Ragai, Emeritus Professor of Chemistry at The American University in Cairo.

The specialised committees also included Dr Adrian Lahoud, Dean of the School of Architecture at the Royal College of Art; and Professor Ali Malkawi, Professor of Architectural Technology, Director of the Doctor of Design Studies Program, and Founding Director of the Harvard Center for Green Buildings and Cities.

The Nominations Committee included Huda Al Hashimi, Deputy Minister of Cabinet Affairs for Strategic Affairs; Chucrallah Haddad, Partner and Head of Advisory at KPMG Lower Gulf; Abdulsalam Haykal, President and Founder of Majarra Company; Ali Matar, Head of LinkedIn Middle East and North Africa and Emerging Markets in Africa and Europe; and Saeed Al Nazari, Secretary-General of the Great Arab Minds Initiative.

Widely known as the ‘Arab Nobel,’ the Great Arab Minds initiative recognises distinguished Arab achievement and highlights extraordinary contributions that reflect the region’s historic role in advancing knowledge and human progress globally. For a third consecutive edition, the initiative continues to strengthen its position as a platform for celebrating Arab creators and as a point of reference for promising Arab talent, by highlighting achievements that inspire young people and contribute to expanding Arab participation in global knowledge and civilisational advancement.

source/content: wam.ae (headline edited)

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ALGERIA / DUBAI, U.A.E / EGYPT / FRANCE/ LEBANON / MOROCCO / PALESTINE / SWITZERLAND / SYRIA / U.S.A

DUBAI – U.A.E : Dubai ranks among world’s top five, leads Arab World in Shipping Centre Development Index 2025

Dubai has reinforced its status as a leading global maritime hub, earning the title of “the crown jewel of the Middle East’s maritime sector,” according to the 2025 International Shipping Centre Development Index report, issued by Xinhua News Agency in collaboration with the Baltic Exchange. The report ranks Dubai among the top five global shipping centres and first in the Arab region.

Sheikh Dr. Saeed bin Ahmed bin Khalifa Al Maktoum, CEO of the Dubai Maritime Authority, part of the Ports, Customs, and Free Zone Corporation, hailed the achievement stating: “Dubai’s ranking as fifth globally and first in the Arab world in the 2025 International Shipping Centre Development Index reflects the vision of our leadership, as well as the effective coordination between strategic partners and maritime sector companies in the emirate.

We remain committed to continuous development, delivering world-class services, adopting global maritime best practices, implementing innovative solutions, updating regulations, and fostering a thriving maritime business environment to position Dubai as an innovative and sustainable global centre for shipping and logistics.”

The report highlights Dubai’s comprehensive maritime ecosystem, offering navigation services, shipbuilding and repair, and capacity to handle the increasing number of vessels. It also emphasised the Dubai Maritime Transport Plan 2030, aligned with the Dubai Economic Agenda D33, which aims to expand maritime transport usage, enhance the network of marine transportation, and develop Dubai Maritime City.

The report specifically praised Jebel Ali Port for its strategic role as a regional shipping hub, underpinned by continuous investment in infrastructure and services. In 2024, the port handled 15.5 million twenty-foot equivalent units (TEUs), the highest since 2015, accounting for 18% of the total 88.3 million TEUs managed by DP World, the port operator.

On sustainability, the report highlighted Jebel Ali Port’s initiatives to reduce emissions, including the provision of biofuel for ships, installation of 50,000 m² of solar panels for renewable energy, and the use of electric vehicles for container handling—contributing to an annual reduction of 2,000 tons of CO₂ emissions.

Captain Ibrahim Al Blooshi, Executive Director of Dubai Ports Authority, commented: “We take pride in this achievement, which underscores Dubai’s strong position as a global maritime hub. Jebel Ali Port, operated by DP World under the Ports, Customs, and Free Zone Corporation, continues to excel at both regional and international levels.

Dubai Ports Authority is committed to proactive measures to enhance the maritime sector’s contribution to the strategic objectives of the Dubai Economic Agenda D33, through its three ports—Jebel Ali, Port Rashid, and Hamriyah—despite global economic challenges and market fluctuations. We are dedicated to preserving the emirate’s marine environment and ensuring the highest operational safety standards in the maritime sector.”

source/content: wam.ae (headline edited)

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DUBAI, U.A.E.

DUBAI, U.A.E. / SAUDI ARABIA : DEWA and ACWA Power sign landmark agreement for world’s largest solar-powered desalination plant

Dubai Electricity and Water Authority (DEWA), signed a 30-year water purchaser agreement with Saudi Arabia’s ACWA Power for phase 1 of the Hassyan sea water desalination project using solar power. The project is part of DEWA’s efforts to increase its water desalination capacity to 730 MIGD by 2030, from 490 MIGD at present.  The project aligns with Dubai’s unparalleled economic growth and the Emirate’s thriving construction sector. This complements the Dubai 2040 Urban Master Plan, addresses the substantial population growth, and meets the steadily increasing demand for water in domestic, commercial, and other consumer sectors.

The agreement was signed by HE Saeed Mohammed Al Tayer, MD & CEO of DEWA; and Mr. Mohammad Abunayyan, Chairman and Founder of ACWA Power. Officials from both entities were present.

Last August, DEWA announced ACWA Power as the ‘Preferred Bidder’ for the construction and operation of the 180 Million Imperial Gallon per Day (MIGD) Sea Water Reverse Osmosis Hassyan Phase 1 Independent Water Producer (IWP) project, with an investment of AED 3.357 billion (USD 914 million). The allocated land area for the project is 252,300 square metres. DEWA achieved a world record by receiving the lowest bid of 0.36536 USD/m³ of desalinated water. This project is the largest of its kind in the world for water production based on Sea Water Reverse Osmosis (SWRO) technology using solar energy. It is DEWA’s first Independent Water Producer (IWP) model project. The water desalination capacity in Dubai is currently 490 MIGD. This capacity will increase to 670 MIGD in 2026 with the completion of this project.

Dubai Electricity and Water Authority (DEWA) signed a 30-year water purchaser agreement with Saudi Arabia’s ACWA Power for phase 1 of the Hassyan sea water desalination project using solar power

“We are pleased to sign the agreement with ACWA Power. This project supports the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enhance water supplies in Dubai from sustainable sources and achieve the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power capacity from clean energy sources by 2050. We are building water production plants based on Sea Water Reverse Osmosis (SWRO) technology which require less energy than Multi-Stage Flash distillation (MSF) plants, making it a more sustainable choice for water desalination. By 2030, DEWA aims to produce 100% of desalinated water by a mix of clean energy and waste heat,” said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA.

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, said: “We ensure the continuation of the 100% availability of DEWA’s services according to the world’s highest levels of availability, reliability, and efficiency thanks to our state-of-the-art infrastructure and advanced technologies. This is based on innovation and sound scientific planning so that we contribute to making the UAE the world’s leading nation by its centennial in 2071.”

Mohammad A. Abunayyan, Chairman of the Board of Directors, ACWA Power, said: “This agreement between ACWA Power and DEWA is another example of the strong collaboration between ourselves and our valued partners in the United Arab Emirates. The Hassyan IWP will be the largest plant of its kind in the world, and we have set a new record for the lowest levelised water tariff. The plant will be highly efficient, desalinating water through reverse osmosis powered by solar energy. With our years of experience in the industry, ACWA Power has ambitious aims and we are proud of continually breaking records through innovation and using new technologies to enhance water security. With this project, we are reaffirming our commitment with our partners towards achieving the Dubai Clean Energy Strategy 2050.”

source/content: smartwatermagazine.com (headline edited)

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The Hassyan IWP in Dubai will have a production capacity of 180 million gallons per day of desalinated wate

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DUBAI, UNITED ARAB EMIRATES / SAUDI ARABIA

DUBAI, U.A.E: DP World completes a $400 million expansion of the Port of Callao, Peru

DP World announced today the completion of a $400 million expansion project at the Port of Callao in the Republic of Peru, to enhance the container handling capacity of the port’s southern terminal by 80%.

The Bicentennial Pier expansion project focused on increasing the length of the berth from 650 meters to 1,050 metres, making Callao one of the few ports in South America capable of accommodating three ships, or two mega ships, at the same time.

On the other hand, the project increased the handling capacity from 1.5 million TEUs (twenty-foot containers) to 2.7 million TEUs annually, and the container yard was also expanded to reach a total area of ​​40 hectares.

According to DP World, the Callao Port expansion project comes within the framework of ambitions to expand in Latin America, which were announced last month.

His Excellency Sultan Ahmed bin Sulayem, Chairman and CEO of DP World Group, said: “We are proud to contribute to a more sustainable future for Peru and for global trade.”

He added: “This investment confirms our firm commitment to supporting economic growth in the region and strengthening Callao’s leading logistics position, as a commercial center that sets new standards for sustainable port operations in South America.”

For his part, Carlos Merino, CEO of DP World in Peru and Ecuador, said that the completion of the Bicentennial Pier expansion project represents a turning point for the economy in Peru, which considers the port of Callao its economic center, through which more than 90 passengers are handled. % of the goods transported by containers in the country, and 60% of those goods are transported through the southern terminal.

In addition to expanding the quay and container handling capabilities, the project also adds state-of-the-art electrical powered equipment to the southern terminal at Callao Port. Including 15 cranes and 20 internal transport vehicles, making it the first port terminal in the world to have an equipment fleet of this size.

Merino added: “With the introduction of the latest electrically powered equipment and the application of sustainable practices, we are paving the way for a more efficient and sustainable future of global trade.”

To promote the transition towards sustainable energy in Peru, the southern terminal in the port of Callao now has the first electric vehicle charging station in Latin America with a capacity of 2 megawatts, to support DP World’s fleet of electric internal transportation vehicles, and contribute to reducing more than 2,000 tons of emissions. carbon dioxide annually.

source/content: wam.ae (headline edited)

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DUBAI, UNITED ARAB EMIRATES (U.A.E)

Dubai, U.A.E : Dubai’s Wasl sets new Guinness World Records™ title for ‘Highest Running Track on a Building’

Wasl, one of the largest real estate development and management companies in the region, has set a new Guinness World Records™ title for the ‘Highest Running Track on a Building’. Wasl’s Sky Track, located on the 43rd floor of 1 Residences, the luxury residential tower within the Wasl1 master development, exemplifies Dubai’s commitment to promoting fitness and healthy living and encouraging residents to pursue an active lifestyle.

Situated 157m above the ground, Sky Track is a 335m rooftop track where fitness enthusiasts can enjoy a unique experience surpassing a traditional gym workout. Walkers and runners alike are able to enjoy unrivalled views of Dubai that include Burj Khalifa, Zabeel Park, The Dubai Frame, Sheikh Zayed Road, old Dubai, and the Arabian Gulf.

The global fitness industry has seen significant growth in recent years aligned with increased awareness of the importance of physical activity. Community events organised in Dubai such as the 30-day Dubai Fitness Challenge have succeeded in inspiring residents to adopt a healthy lifestyle. Responding to this societal shift, Wasl prioritised health and well-being in its innovative development process by building the most iconic running track in the world. 

His Excellency Hesham Al Qassim, CEO of Wasl, said: “We are delighted to achieve another Guinness World Records title for Dubai. We are humbled that Sky Track has achieved a world record, and happy that it will enhance residents’ daily lives. 1 Residences is a unique development that reflects the vision of our wise leadership in striving for excellence in all spheres. We remain steadfast in our commitment to creating projects that inspire and improve the well-being of residents and communities.” 

Talal Omar, VP – MENA & Türkiye, Guinness World Records™ said: “We are consistently delighted by the ingenuity and ambition of record holders around the world. The achievement of constructing the highest running track on a building is not just a testament to architectural prowess but also to human aspiration. It’s remarkable how boundaries are continually pushed to redefine what’s possible.

This track isn’t just a feat of engineering, but a symbol of Dubai’s commitment reaching for the skies—both literally and metaphorically. We congratulate everyone involved in this monumental accomplishment.”

This is the second time that Wasl has been recognised by Guinness World Records following its ‘Largest Aerial Projection Screen’ record, which took to the skies in celebration of ‘Year of Zayed’ in 2018 to commemorate the late Sheikh Zayed bin Sultan Al Nahyan, the Founding Father of the UAE.

1 Residences is a mixed-use development comprising 753 ready-to-move-in units. Residents can enjoy an array of exceptional dining, leisure, and entertainment facilities within the project, which also features two swimming pools, two state-of-the-art gymnasiums, a podium courtyard, children’s play areas, and BBQ pits, among many others. 

source/content: mediaoffice.ae (headline edited)

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DUBAI, UNITED ARAB EMIRATES (U.A.E)

DUBAI, U.A.E: Dubai becomes First City in Middle East to rank among top 10 in Global Power City Index 2023

Dubai has been ranked among the top 10 cities in the Global Power City Index (GPCI) 2023, a prestigious and internationally recognised league table issued by the Mori Memorial Foundation’s Institute for Urban Strategies in Japan. The new ranking makes Dubai the first city in the Middle East to attain this prestigious global recognition.

In the 2023 index, which ranks major cities on to their ‘magnetism’ – or power to attract people, capital and enterprises – Dubai climbed three places to eighth overall. The achievement cements Dubai’s position as a leading global city, driven by the vision of its leadership and the collective determination of its citizens and residents.

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that Dubai’s progress in the Global Power City Index 2023 reflects the dedicated efforts to realise the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to attain top global positions across various vital sectors and establish Dubai as the world’s best city to work and live in.

Congratulating Sheikh Mohammed bin Rashid on the emirate’s achievement as the first city in the Middle East to make it into the prestigious list, Sheikh Hamdan said, “There is no limit to our ambitions, and with the unwavering dedication of our nation’s people, we will continue to strengthen Dubai’s position as a model for the cities of the future, achieving milestones that set the global standard. Dubai’s excellence and accomplishments stem from the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, propelling the city at an accelerated pace towards the pinnacle of leadership and excellence.”

Sheikh Hamdan bin Mohammed urged both the private and public sectors in Dubai to persist in their efforts to establish Dubai as a sustainable development model that places the development of people’s capabilities and enhances their quality of life at the forefront of its priorities. He underscored the government’s ongoing commitment to achieving further milestones in various global competitiveness indicators and consolidating a knowledge and creative economy through the adoption and implementation of modern legislative frameworks and regulatory rules, carefully crafted to address global changes. These efforts affirm Dubai’s capability to efficiently keep pace with the evolving landscape, he said.

“To cement Dubai’s position as a global economic powerhouse and its role as a catalyst for growth, we must cultivate world-class working environments that empower our national talent and attract the brightest minds from across the globe. This commitment to excellence will propel comprehensive development, establishing Dubai as a global benchmark for sustainable economic prosperity and resilience,” His Highness added.

In the 2023 index, Dubai retained its fourth position for the second consecutive year within the Cultural Interaction parameter, surpassing Tokyo, Istanbul, Madrid, Moscow, and Singapore. Meanwhile, London, New York, and Paris maintained the top three spots. The ranking is an outcome of Dubai’s commitment to enhancing its status as a cultural destination, a major hub for creativity, and one of the best cities in which to live and work. This effort aligns with Dubai’s cultural vision that aims to cement the emirate’s position as a global centre for culture, an incubator for creativity, and a thriving hub for talent. Dubai has also maintained its top regional ranking in Cultural Interaction.

The Global Power City Index (GPCI), which has been published annually since 2008, is a global benchmark for measuring the performance and competitiveness of global cities. It is used by governments, businesses, and individuals to make decisions related to investment, immigration, and travel. The index reflects the dynamic nature of cities and their ability to adapt and thrive in the face of global challenges. It provides a comprehensive overview of cities’ standing and impact on the global stage. The index comprises six parameters, including Economy, Research and Development, Cultural Interaction, Liveability, Environment, and Accessibility.

Dubai progressed in several sub-parameters within Cultural Interaction, ranking first globally in the Number of Foreign Residents and second in the Number of Luxury Hotel Rooms, reinforcing the emirate’s cultural offering, creative environment, and diverse tourist attractions.

The index further revealed Dubai’s excellence and leadership across various sub-indicators, encompassing work flexibility, low unemployment rate, and city cleanliness. It also highlighted Dubai’s success in hosting global exhibitions and events, attracting visitors and tourists, and increasing the influx of travellers through its airports.

Today, Dubai stands as one of the world’s most renowned cities in terms of economies, finance, business, tourism and travel. It is also one of the most successful cities in attracting talent, with more than 200 nationalities from various backgrounds living together in a tolerant and welcoming society. Dubai is also one of the most popular tourist destinations in the world.

source/content: wam.ae (headline edited)

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DUBAI, UNITED ARAB EMIRATES (U.A.E)

U.A.E: EMIRATI Philanthropist Sheikh Ahmed Bin Faisal Al Qassimi and Ahmed Al Falasi gets Mother Teresa International Award 2023 forCulture Category and Social work

Two more UAE residents, Emirati Sheikh Ahmed Bin Faisal Al Qassimi and British painter Sacha Jafri, receive awards in the culture category.

The Mother Teresa International Awards 2023 celebrated the accomplishments of 18 outstanding individuals, with Emirati philanthropist Ahmed Al Falasi at the forefront for his contributions to social work. Al Falasi, recognised as the Arab Hope Maker in 2020, garnered this honour for his humanitarian efforts in establishing advanced kidney dialysis centres and incubators in Kenya’s Mombasa.

Joining the ranks of awardees were two esteemed UAE residents, Emirati Sheikh Ahmed Bin Faisal Al Qassimi and British painter Sacha Jafri. Both were lauded in the culture category. The accolades were presented during a ceremony held at Dubai’s Conrad Hotel on August 26, which was the 113th birth anniversary of Mother Teresa, a global icon known for her selfless devotion.

These awards were organised by the All-India Minority and Weaker Sections Council, a non-political organisation founded by Late Prafulla Chandra Sen, a former chief minister of West Bengal, and Mr. Anthony Arun Biswas, alongside other dignitaries.

Mother Teresa, beatified by Pope John Paul II as Saint Teresa, was born on August 26, 1910. She founded the Missionaries of Charity, a humanitarian organisation that grew to include over 4,500 nuns serving in 133 countries. Her life’s work revolved around assisting the most impoverished individuals, receiving honours such as the Ramon Magsaysay Peace Prize and the Nobel Peace Prize.

Notably, this marked the first instance of the award ceremony being hosted outside of India. After Saint Teresa’s passing in 1997, the council established the Mother Teresa International and Millennium Award Committee. This committee was entrusted with the task of annually recognising exceptional individuals who have excelled in the fields of education, science, culture, sports, social work, medicine, industry, and politics in India.

Prior to this event, the Harmony Organisation, which also presents awards in Mother Teresa’s name, expressed concerns regarding the August 26 event in Dubai. They asserted that it lacked the endorsement or recognition of the Missionaries of Charity, the Catholic religious institute established by Mother Teresa herself in 1950. This institute, now under the Catholic Church’s recognition as Saint Teresa of Calcutta, exclusively supports Harmony Organisation’s awards, they said, emphasising that any other award ceremony could tarnish the legacy of the revered Saint.

However, the organisers of the Mother Teresa International Awards unequivocally refuted these claims. Dr. T.H. Ireland, Principal of St. James’ School in Kolkata and chairman of the awards committee told Khaleej Times: “Nobody can lay sole claim to Mother Teresa. She was a universal icon. Our award ceremony has a 22-year history of recognising luminaries such as Dr Manmohan Singh, the former Prime Minister of India, and Ms. Sheikh Hasina, the Prime Minister of Bangladesh.”

During a press conference earlier, Indian playback singer Usha Uthup shared her profound connection with Mother Teresa, spanning four decades. She recalled visiting Mother Teresa at the Missionaries of Charity in Kolkata during both her trying and triumphant times. Usha Uthup said she had the privilege of being present during her passing and her canonisation.

Dubai businessman and cricket enthusiast Shyam Bhatia fondly remembered his visits to Mother Teresa and her simple yet powerful message: “We don’t want your money; we want your time.”

Sacha Jafri, the Dubai-based world-renowned artist, who intends to place the first official artwork on the moon, expressed his delight at receiving this prestigious award.

The ceremony’s highlights included dance performances by the mother-daughter actor-artiste duo Indrani Dutta and Rajnandini Paul, as well as Bollywood actor Kalpana Iyer and Usha Uthup, creating a memorable blend of song and dance.

source/content: khaleejtimes.com (headline edited)

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UNITED ARAB EMIRATES (U.A.E)

DUBAI, U.A.E: DEWA’s R&D Centre Files New Patent for Innovative Method to Improve Battery Performance

Dubai Electricity and Water Authority (DEWA)’s Research and Development (R&D) Centre has filed a new patent for an innovative method for improving the performance of electrodes in lithium-ion (Li-ion) batteries, sodium–sulfur batteries, and electrolyte distribution batteries.

This is achieved by treating the electrodes chemically using a polymer to increase the number of active groups on the surface of the electrodes, which leads to improving their performance. The low-cost, environmentally friendly method requires low temperatures and ensures stable battery performance. This is part of the centre’s efforts to promote the technologies of energy production and storage.

The patent supports the pilot project for energy storage that DEWA has inaugurated at the Mohammed bin Rashid Al Maktoum Solar Park using Tesla’s lithium-ion battery solution. The project has a power capacity of 1.21 MW and an energy capacity of 8.61 MWh with a life span of up to 10 years. This pilot project is the second battery energy storage pilot project by DEWA at the solar park. The first project was implemented in collaboration with AMPLEX–NGK to install and test a sodium sulphur (NaS) energy solution with a power capacity of 1.2 MW and an energy capacity of 7.5 MWh. This was the first utility-scale energy storage pilot project in the region.

Saeed Mohammed Al Tayer, MD & CEO of DEWA, said, “Our strategies and plans are inspired by the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to ensure energy security and sustainability, as well as improve energy efficiency. DEWA relies on research and innovation to support the development of energy storage technologies and increase the share of clean and renewable energy. This supports the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100 percent of Dubai’s total power production capacity from clean energy sources by 2050. DEWA is working on other energy storage projects, including using Concentrated Solar Power (CSP) at the 4th phase of the Mohammed bin Rashid Al Maktoum Solar Park, the 250MW hydroelectric power plant in Hatta with a storage capacity of 1,500 megawatt-hours, and the Green Hydrogen project to produce and store hydrogen using solar power.”

“DEWA’s R&D Centre is a global platform that provides innovative solutions and technologies for the operations and services of the utility sector worldwide. This maintains DEWA’s worldwide leadership and enhances Dubai’s position as a global hub for research and development in solar power, smart grids, water, energy efficiency, and capacity building in these sectors. The R&D Centre improves the services provided by DEWA to customers by developing the latest technologies and sustainable solutions for energy and water and conducting applied research,” Al Tayer continued.

“The R&D Centre at the Mohammed bin Rashid Al Maktoum Solar Park enriches the scientific community in the UAE and the world. This is through disseminating knowledge and nurturing the talent of Emirati researchers,” Waleed bin Salman, Executive Vice President of Business Development and Excellence at DEWA, added.

source/content: wam.ae (headline edited)

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Saeed Mohammed Al Tayer, MD & CEO of DEWA

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DUBAI, UNITED ARAB EMIRATES (U.A.E)

DUBAI, U.A.E: Mohamed Al Hussaini Rings Market-Opening Bell to Celebrate Listing ‘Islamic Treasury Sukuk’ on Nasdaq Dubai

Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell to celebrate and mark listing the domestic Dirhams Islamic Treasury Sukuk (T-Sukuk) on Nasdaq Dubai.

The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced launching dirham-denominated Islamic Treasury Sukuk (T-Sukuk), with a benchmark auction size of AED1.1 billion.

The launching of Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) includes a series of issuances, in order to attract a new category of investors and support the sustainability of economic growth.

Total issuance of AED1.1 billion

The issuance of T-Sukuk is aimed at enhancing the UAE’s economic competitiveness by providing high-quality Islamic assets at competitive prices. This will support the Central Bank of the UAE in managing liquidity within the banking sector and boosts the size of financial investments, which will reflect positively on the country’s economy, investment environment, per capita income, and gross national income.

The bell-ringing ceremony was attended by a number of senior officials from the Ministry of Finance, Central Bank of the UAE, Nasdaq Dubai, and the CEOs of the eight banks that were onboarded as primary dealers, in addition to other senior officials from various relevant authorities.

The inaugural issuance of the Dirham-denominated Islamic Treasury Sukuk programme witnessed a strong demand through the eight primary bank dealers, with bids received worth AED8.3 billion, and an oversubscription by 7.6 times.

The strong demand was across both tranches, with a final allocation of AED550 million for the two-year tranche, and AED550 million for the three-year tranche, with a total issuance of AED1.1 billion. Other tranches of Islamic Treasury Sukuk will be issued with various tenures of up to five years initially, followed by a 10-year sukuk at a later date.

Reaffirming UAE’s position in Islamic economy

Al Hussaini noted that issuing the T-Sukuk contributes to expanding the scope of Islamic banking and is one of the most important tools for managing monetary policy and liquidity to finance development programmes and projects.

The T-Sukuks are Sharia-compliant financial certificates for trading in the secondary market along with the main distributors, reflecting the current return on investment. These sukuk will also contribute to stimulating the securities market and strengthening the base of Islamic securities, providing safe and rewarding investment alternatives, and attracting new segments of local and international investors.

He emphasised that the success of the first auction is another testament to the UAE’s creditworthiness as one of the most advanced and competitive economies in the world, reaffirming its position as a leading investment hub in the field of the Islamic economy.

Al Hussaini said, “The issuance of Islamic Treasury Sukuk is a new step towards achieving the comprehensive and sustainable economic and social development objectives of the UAE. It contributes to the development of the financial market and the investment environment in the country by attracting financial investments and rejuvenating the local financial and banking sector to diversify funding sources, which cements the UAE’s position as a global hub for the Islamic economy.”

Efficiency of UAE’s financial sector

Khaled Mohamed Balama, Governor of the Central Bank of the UAE, said, “The T-Sukuk programme’s first issuance, denominated in UAE Dirhams, reinforces the UAE’s competitive position as a developed global financial centre.

The programme has succeeded in diversifying financial markets activities, enhancing infrastructure to support Sharia-compliant investment options and alternatives, and strengthening the resilience and stability of the financial system. This milestone will also support in bolstering financial investments and promoting greater confidence among local and international investors in the UAE’s financial system, leading to further strategic growth across the sector and fortifying the UAE’s role in the global Islamic economy.”

He added, “The remarkable success of the first auction for the issuance of T-Sukuk denominated in UAE Dirhams is a testament to the soundness of the financial and economic policies, the robust creditworthiness, and the efficiency of the UAE’s financial sector. It also supports the UAE’s stimulating investment environment globally to diversify investment and financial alternatives and continue sustainable growth underpinned by future visions and plans. We are pleased to have partnered with the Ministry of Finance in enhancing the UAE’s financial markets and improving the investment environment in the country.”

Dubai as global centre for Sukuk listings

Hamed Ali, CEO of Dubai Financial Market and Nasdaq Dubai, said, “The issuance of the T-Sukuk is an important development for the UAE capital markets attracting diversified investment categories to the country and providing an important investment tool for Islamic banking. The listing today further strengthens Dubai’s position as one of the largest centres for Sukuk listings globally with US$77.67 billion total value of Sukuk listed in Dubai.

This opens the path for regional and international investors to strengthen their links with the UAE government as well as to expand their investment options in the UAE. At Nasdaq Dubai, our mission supports the UAE Central Bank’s ambitious strategy to develop a strong fixed-income market in the UAE by providing investors with investment opportunities in sovereign issuances and a more effective yield curve gauge in debt instruments.”

The Ministry of Finance onboarded eight banks, namely Abu Dhabi Islamic Bank (ADIB), Dubai Islamic Bank (DIB), Abu Dhabi Commercial Bank PJSC (ADCB), Emirates NBD, First Abu Dhabi Bank (FAB), HSBC, Mashreq, and Standard Chartered as Primary Dealers to participate in the T-Sukuk primary market auction and to actively develop the secondary market.

source/content: wam.ae (headline edited)

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DUBAI, UNITED ARAB EMIRATES (U.A.E)

DUBAI, U.A.E: DEWA’s 02nd NanoSatellite Launched on SpaceX rocket in California. Created history by making DEWA the First Utility Company in the Region to launch Nanosatellites to improve its performance.

Dewa Sat-2 will help further improve Dubai’s utility network.

Dewa’s second nanosatellite was launched on Saturday morning on a SpaceX rocket from Vandenberg Air Force Base in California.

After several postponements due to bad weather, Falcon 9’s launch of the Transporter-7 mission took place shortly before 11am UAE time.

The launch is the seventh dedicated smallsat rideshare mission for SpaceX with 51 payloads on the flight, including CubeSats, MicroSats, hosted payloads, and orbital transfer vehicles carrying spacecraft to be deployed at a later time.

Dewa’s 6U nanosatellite — Dewa Sat-2 — comes a year after it launched its first satellite and will help further improve Dubai’s utility network.

The nanosatellite (or cubesat) features a high-resolution camera (4.7 metres) that will be used for Earth observation missions.

It was designed and developed at Dewa’s R&D centre, in co-operation with NanoAvionics in Lithuania, and is part of Dewa’s Space-D programme that it announced in 2021.

The programme aims to improve operations, maintenance and the planning of its networks by using nanosatellite technology, the Internet of Things and remote sensing technologies.

This involves launching a nanosat constellation that will support Dewa’s primary satellite.

Utility companies like Dewa can use satellite technology to monitor and map their infrastructure as well as track the environmental impact their operations have. The data can also help these companies improve their services.

Dewa is the first utility in the world to launch nanosatellites to improve its operations.

The high-resolution camera on Dewa Sat-2 will provide continuous line-scan imaging in seven spectral bands from approximately 500km orbit.

The satellite is also equipped with infrared equipment to measure greenhouse gases.

source/content: thenationalnews.com (headline edited)

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Dewa’s second nanosatellite was launched on a SpaceX rocket from California. Screengrab/SpaceX

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DUBAI, UNITED ARAB EMIRATES (U.A.E)