Home >> Entertainment

Khalifa Fund signs strategic agreement to fuel entrepreneurial culture among Emirati talent

Wednesday, March 21, 2018/ Editor -  


Home >> Entertainment

UAE - March 21, 2018: Under the patronage of His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, Honorary Chairman of the University Leadership Consortium and BUNYAN Initiative for the Capacity-Building of the Youth, the Khalifa Fund for Enterprise Development successfully signed a strategic agreement with the University Leadership Consortium (ULC), a capacity-building and entrepreneurship hub, today at the Sheikh Nahyan Bin Mubarak Palace in Abu Dhabi.

The agreement is aimed at reinforcing efforts by both parties in the areas of academic education, capacity development and human resources in the UAE--including the efforts to develop the skills and capabilities of young talent. The alliance looks towards the development of local enterprises by instilling and enriching a culture of entrepreneurship and innovation among young UAE nationals, in line with the strategic vision of promoting and supporting entrepreneurship in the country.

The agreement was signed by H.E Abdullah Saeed Al Darmaki, CEO of Khalifa Fund for Enterprise Development and Dr. Nada Mourtada-Sabbah, Secretary-General of the University Leadership Consortium (ULC), in the presence of several officials from both sides.

The alliance aims to establish joint collaborative efforts in pursuing the UAE’s vision and strategy in the development and support of human resources, promoting the culture of entrepreneurship and driving innovation among future entrepreneurs to optimum levels.

H.E Abdullah Al Darmaki stressed on the progress of the Fund in its journey towards enhancing the spirit of leadership and initiative among Emiratis. He praised the importance of this agreement in strengthening cooperation between educational institutions for the interest of Emirati youth and contributing to enhancing entrepreneurship and SMEs, which leaves a positive impact across all economic, social and cultural levels.

“Our strategic agreement with the University Leadership Consortium is part of our efforts to support human resources and create an appropriate business environment for the development of SMEs, and to encourage entrepreneurship among the youth, including university students, through programs, initiatives and activities under the Joint Convention,” he added.

Dr. Nada Sabbah said, “We are proud to have signed this strategic agreement with the Khalifa Fund, which is the key focus of our efforts to empower young and ambitious people. The partnership signifies the mutual trust between the two parties to provide a platform on which to empower ambitious Emirati youth and transform their theoretical ideas into concrete practical initiatives that effectively contribute to enhancing the strategic vision of the UAE government.”

The two sides underscored the importance of developing and enhancing young talent and preparing them to be successful entrepreneurs and major contributors to the social and economic development of the UAE by exchanging common experiences and creating a culture of entrepreneurship, developing the necessary skills and fostering a spirit of innovation.

Previous in Entertainment

Next in Entertainment

Home >> Entertainment Section

Latest Press Release

DLD Service Centres serve 39,000 investors with a total value of AED 131 billion

Sharjah and Indonesia hold discussions to review ways of boosting economic and t ...

Astrophysicists Measure Precise Rotation Pattern of Sun-like Stars for the First ...

Huawei Deepens Cooperation with Duisburg to Transform Germany's Industrial Hear ...

IYNC and the UAE Discuss the Way Forward for Global Nuclear Energy at IAEA Gener ...

High-octane inaugural Socca Football World Cup kicks off on September 23 in Lisb ...

Eberhard & Co. Scafograf 100 For Elegant Lady

The Mummies of Dubai Give Their Kids a Preppy Style Makeover

75 percent more speed and 58 percent more efficiency in Huawei's upcoming Mate 2 ...

du Wins Smart Cities Award at the Telecoms World Middle East 2018

Turkish Airlines reached the highest monthly Load Factor in August with 85.6% LF ...

O Boticário Opens in Dubai its First Amphora Store outside Brazil Come Join ...

Dubai Parks and Resorts Celebrates Saudi National Day

Gulf Centre for Aviation Studies hosts development course for students

FOREO To Attend TFWA: the World's Largest Travel Retail Show

Etihad Airways Deepens Ties Between Uae and Saudi Arabia to Mark National Day

Ericsson showcased SMME innovation at ITU Telecom World 2018

DigiCert, Gemalto and ISARA Partner to Ensure a Secure Future for the Internet o ...

Ministry of Human Resources and Emiratisation, Huawei and Honor launch ICT Compe ...

School children wish their favourite Unimoni Asia Cup 2018 teams good luck