• Mohammed Bin Rashid Opens The 3rd Annual Global Entrepreneurial Summit

    UAE Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed Bin Rashid Al Maktoum opened on Tuesday the 3rd Annual Global Entrepreneurial Summit (GES) and the Exhibition at the World Trade Centre in Dubai. Sheikh Mohammed also witnessed signing of a number of scientific agreements.

    Sheikh Mohammed addressed an audience consisting of more than 2000 experts and decision-makers in the field of entrepreneurship in addition to small and medium enterprises around the world.

    US President Barack Obama participates in the event through a televised statement on the importance of encouraging initiative and entrepreneurship in the region.

    The inaugural session was attended by Crown Prince of Dubai HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Foreign Minister HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Higher Education and Scientific Research Sheikh Nahyan bin Mubarak Al Nahyan, Deputy Minister of Presidential Affairs Ahmed Juma Al Zaabi and a number of ministers, senior officials and business leaders.

    Sheikh Mohammed welcomed the participants to the summit hosted in the city of Dubai in the UAE, noting that the UAE is one of the pioneering countries in the world in supporting and encouraging young entrepreneurs.

    He also asserted that UAE is a centre for creativity and innovation on the regional and global levels and provides the ideal environment. The Arab youth can benefit from this, develop their talents and exploit their energy and use it to serve the goals and objectives of their respective countries, he added.

    He said that entrepreneurship is not an alien phenomenon for the Arabs.

    "We invented the alphabets and many branches of science such as Algebra and mathematics. We the Arabs founded the first university in history, from where people of learning graduated in medicine, astronomy and mathematics. The Arab Islamic civilization is the first one that excelled in the globalization of culture, science and knowledge", Sheikh Mohammed said.

    He added: "In the United Arab Emirates we overcame poverty and illiteracy because we have confidence in ourselves and in our citizens who have turned the desert into a modern state in the world".

    "We are partners with all countries of the world in order to assume our responsibilities to create an attractive environment for creativity, an environment that will attract the young innovators across the Arab nation and the world at large", Sheikh Mohammed said.

    Shedding light on the gradual development of UAE in the economic and educational fields, Sheikh Mohammed attributed this to the strong resolve adopted by the country’s leadership.

    "If we look at the recent past, it will remind us of the founders of this modern state, the late Sheikh Zayed bin Sultan Al Nahyan and the late Sheikh Rashid Al Maktoum, who built the country on the strong foundations".

    Emirate:  Dubai

    Date: Dec 11, 2012

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