Noura Al Kaabi, the UAE's Minister of Culture and Youth. Courtesy UAE Ministry of Culture & Knowledge Development
Noura Al Kaabi, the UAE's Minister of Culture and Youth. Courtesy UAE Ministry of Culture & Knowledge Development
Noura Al Kaabi, the UAE's Minister of Culture and Youth. Courtesy UAE Ministry of Culture & Knowledge Development
Noura Al Kaabi, the UAE's Minister of Culture and Youth. Courtesy UAE Ministry of Culture & Knowledge Development

The World Conference on Creative Economy is coming to Dubai Expo


Saeed Saeed
  • English
  • Arabic

Dubai Expo will host the World Conference on Creative Economy (WCCE) in December, announced the UAE's Minister of Culture and Youth, Noura Al Kaabi, at the Culture Summit Abu Dhabi.

Held online until Wednesday, and organised by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), Culture Summit Abu Dhabi brings together global experts in the fields of design, heritage, media, public policy, technology and business for a series of speeches, panel discussions, case studies, artist talks and performances.

Al Kaabi said the WCCE is a result of a partnership with Indonesia, which hosted the inaugural event in Bali in 2018.

“The core objective behind all the measures is to set up the foundations to aggregate, measure and nurture the sector in the UAE, and to ensure the provision of a required framework and policies for a thriving cultural sector,” she said.

Al Kaabi also revealed the UAE government was in the final stages of unveiling a 10-year strategy to enhance the economic contributions made by the country's creative and cultural industries (CCI).

“The strategy, which prizes eight objectives, and almost 40 initiatives will be launched later this year,” she said.

“It will set the national economy policy for CCI. It would become our reference roadmap to make the creative sector among the top economic sectors in the region.”

What is the World Conference on Creative Economy?

The event gathers government and private sectors, think tanks and thought leaders for discussions and networking sessions on developing and addressing challenges to global creative and cultural industries.

Taking part in the event in 2018 was Indonesian President Joko Widodo, Emmy Award-winning US filmmaker Lisa Russell, Danish designer Troels Seidenfaden and representatives from the China Film Group Corporation.

Discussion over three days included keynote addresses on creating a more inclusive sector and the future of online gaming, as well as panel sessions on media diversity and the future of creative education.

Culture Summit Abu Dhabi concludes on Wednesday, with panel sessions on musical minds and innovation as well as separate concerts by Moroccan singer Oum and Tunisia’s Ghalia Benali.

Culture Summit Abu Dhabi runs until Wednesday. Attendance is free and open to the public. Registration is live on the website.

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Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Results

6.30pm: Mazrat Al Ruwayah – Group 2 (PA) $36,000 (Dirt) 1,600m, Winner: RB Money To Burn, Tadhg O’Shea (jockey), Eric Lemartinel (trainer)

7.05pm: Handicap (TB) $68,000 (Turf) 2,410m, Winner: Star Safari, William Buick, Charlie Appleby

7.40pm: Meydan Trophy – Conditions (TB) $50,000 (T) 1,900m, Winner: Secret Protector, William Buick, Charlie Appleby

8.15pm: Al Maktoum Challenge Round 2 - Group 2 (TB) $293,000 (D) 1,900m, Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass

8.50pm: Al Rashidiya – Group 2 (TB) $163,000 (T) 1,800m, Winner: Zakouski, William Buick, Charlie Appleby

9.25pm: Handicap (TB) $65,000 (T) 1,000m, Winner: Motafaawit, Sam Hitchcock, Doug Watson

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Investors: Core42
Current number of staff: 47
 
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  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
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How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

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How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
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*Annual tuition fees covering the 2024/2025 academic year

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While you're here
Pharaoh's curse

British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.

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LA LIGA FIXTURES

Saturday  (UAE kick-off times)

Leganes v Getafe (12am)​​​​​​​​​​​​​​

Levante v Alaves (4pm)

Real Madrid v Sevilla (7pm)

Osasuna v Valladolid (9.30pm)

Sunday

Eibar v Atletico Madrid (12am)

Mallorca v Valencia (3pm)

Real Betis v Real Sociedad (5pm)

Villarreal v Espanyol (7pm)

Athletic Bilbao v Celta Vigo (9.30pm)

Monday

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Sole survivors
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  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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