Elite universities are primed to develop future business leaders in a major partnership with the Dubai government inspired by the city's rise to become an international powerhouse.
Renowned institutes in Europe, the US and the region on Wednesday set out plans to launch research and studies to learn lessons from the “Dubai success story” under the guidance of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
An agreement was signed between the Mohammed bin Rashid Centre for Leadership Development and Georgetown University in the US, HEC Paris, IMD Business School in Lausanne, Switzerland, IESE Business School in Barcelona, Spain, and Abu Dhabi's own Insead Business School.
The higher education collaboration aims to produce a comprehensive study for future tailored Master of Business Administration (MBA) and executive education programmes at home and abroad.
The project was unveiled at the Mohammed bin Rashid Leadership Forum, held at Dubai World Trade Centre.
Pablo Martin de Holan, dean of the HEC Paris campus in Qatar, believes Dubai's rapid growth can serve as an example for future generations.
“Dubai is one of the success stories for the 20th and the 21st centuries. It is a combination of the vision of the Dubai Ruler and the exceptional execution of projects on the ground,” Dr De Holan said.
“We like to learn more about the Dubai success story as we believe this city is different from the rest of the world. Other cities can learn many lessons from what Dubai has done.
“The vision without execution can’t go far but in Dubai they combine both. There is an exceptional person who was able to see and design the future and execute it.
“Dubai reacted quickly and was able to produce the results we can see today.”
Peter Zemsky, professor of strategy and innovation at Insead, spoke of the importance of examining the emirate's achievements.
“We can learn from great leaders like Sheikh Mohammed. There are amazing things happening in Dubai like the strength of public and private partnerships,” Mr Zemsky said.
“Dubai is great example of how to get forward with ability to innovate every year.” He said the business school found “the way the Dubai Ruler developed his people and leaders” impressive.
He said Insead had already conducted an assessment of Dubai's resilience and swift recovery from the Covid-19 pandemic.
“We talked to the frontline leaders about how they dealt with the pandemic, which allowed Dubai to be one of the most successful cities in the world for Covid-19.”
Vision for the future
The Mohammed bin Rashid Leadership Forum has welcomed about 1,000 prominent government and private sector decision-makers.
The high-profile gathering has focused on how strong leadership and management are at the heart of driving progress in all sections of society.
Sheikh Mohammed outlined his ambition to make Dubai the “best city in the world” in a message on X after attending the event.
He stressed the need to ensure that all government policies and strategies have the goal of improving people's lives.
Mohammed Al Gergawi, Minister of Cabinet Affairs, chairman of the executive office of Sheikh Mohammed bin Rashid and chairman of MBRCLD, said the forum provides a valuable opportunity to exchange ideas and best practices.
“We gathered to learn, think, dream and design the best city in the world based on Sheikh Mohammed bin Rashid’s philosophy in leadership,” said Mr Al Gergawi.
“His vision, based on an accelerator government, creative private sector and supportive community, participate to make Dubai the best city in the world.
“The forum is a powerful tool for Dubai’s next chapter of transformation, empowering new leaders to drive this change.”
Mohammed bin Rashid Leadership Forum - in pictures
UAE currency: the story behind the money in your pockets
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
If you go
The flights
Etihad (etihad.com) flies from Abu Dhabi to Luang Prabang via Bangkok, with a return flight from Chiang Rai via Bangkok for about Dh3,000, including taxes. Emirates and Thai Airways cover the same route, also via Bangkok in both directions, from about Dh2,700.
The cruise
The Gypsy by Mekong Kingdoms has two cruising options: a three-night, four-day trip upstream cruise or a two-night, three-day downstream journey, from US$5,940 (Dh21,814), including meals, selected drinks, excursions and transfers.
The hotels
Accommodation is available in Luang Prabang at the Avani, from $290 (Dh1,065) per night, and at Anantara Golden Triangle Elephant Camp and Resort from $1,080 (Dh3,967) per night, including meals, an activity and transfers.
Cherry
Directed by: Joe and Anthony Russo
Starring: Tom Holland, Ciara Bravo
1/5
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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