Sheikh Mohammed bin Rashid attends the launch of Innovation Festival. Courtesy Ministry of Finance
Sheikh Mohammed bin Rashid attends the launch of Innovation Festival. Courtesy Ministry of Finance

Investment urged to keep innovators on track



DUBAI // Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Monday emphasised that investments must be made to support innovators’ ideas to allow them to become a reality.

“Supporting UAE innovators is a key pillar of the future work and efforts of the Government to embed the concept of innovation into corporate cultures and society,” he said, reported state news agency Wam.

Sheikh Mohammed was speaking at the Innovation Festival, held by the Ministry of Finance during UAE Innovation Week.

During the event, he announced the Sheikh Mohammed bin Rashid Al Maktoum Fund to Finance Innovations, which is now open for funding requests from applicants.

He said the Government would work to create an idea for innovation incubation through financial and moral support.

Sheikh Mohammed also attended a young innovators workshop for children between the ages of 8 and 12, at which they learnt about robots.

He was accompanied by Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, Sheikh Ahmed bin Mohammed, Chairman of the Mohammed bin Rashid Al Maktoum Foundation, Mohammad Al Gergawi, Minister of Cabinet Affairs and The Future, Younis Haji Al Khouri, undersecretary at the Ministry of Finance, and other officials.

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Company%20Profile
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In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5


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