Dubai Cares is a philanthropic organization, launched in September 2007 by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and expresses the UAE's commitment to guarantee universal primary education and to promote gender equality, respectively.
Mr. Tariq Al Gurg, CEO of Dubai Cares, looks back at the successes and explains to CEO Clubs TV the aims and objectives for the future.
The President, Finance Minister and senior officials of The Republic of Cyprus have been in Dubai for the UAE – Cyprus Business forum hosted by the Dubai Chamber of Commerce – in association with Cyprus Trade and Stanton Chase International.
Following the Global economic downturn, and the subsequent Banking Crisis in Cyprus, the country is struggling to regain it’s reputation as an investment destination – and it’s not out of the woods yet.
The new Finance Minister, His Excellency, Mr. Harris Georgiades recognises the effects of how his country dealt with the banking crisis, as investors‘ confidence hit rock bottom during and towards the end of the Global economic downturn. Mr Georgiades is, however, bullish about the economic future, despite the sullied reputation of the Cyprus banking sector in recent years…
As a Businessman in Nigeria, Dr. Olukayode Akinbola sees the growth of the UAE as a great opportunity for FDI activity. He sights a number of Nigerian companies with a vested interest in the growing UAE economy leading to Expo 2020.
Emerging markets are, by definition, marked by economic and social upheaval. This means that the risks of buying equities are great, and so are the rewards. Headlines are always a factor, via government nationalizations of certain industries, coups d’état, electric power outages, and so on. But it is also not uncommon to see some of the fastest economies growing at high mid-single digit rates, which means that business is growing in tandem, and that in turn usually means profits for investors.
Dr. Akinbola believes the rapid changes in Africa are creating a much more attractive and secure destination for FDI than ever before especially with the current raft of legislative changes both protecting the local workforce from exploitation, and security improvements demanded by inward investors. Dr. Akinbola has a growing property company which will only prosper under the right conditions, which he says sees a daily improvement. He maintains that Nigeria is now a serious player for businesses in the non-oil sector to develop and thrive.