Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, on Wednesday attended his daughter's graduation ceremony from the Armed Forces volunteer summer session.
Organised by the National and Reserve Service Authority of the Armed Forces General Command, the ceremony celebrated the graduates’ participation in academic, cultural and military activities which aim to improve the abilities of male and female school students and to strengthen their love of knowledge, science, national values and high morals, reported state news agency Wam.
Sheikha Fatima bint Abdullah bin Zayed, who took part in the two sessions, described the session as "an instant success, with more trainees enrolling." She said her father, Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, was fully supportive of her decision to enroll.
"He told me it is the duty of every citizen to love their nation and their wise leadership," she said.
Sheikha Hassa bint Mohammed bin Zayed, who attended the session for the second time, said she the experience helped her to learn several skills.
"I urge all girls of the UAE not to miss the opportunity of attending these sessions which teach the values of patriotism, dedication and loyalty," she said.
In pictures: Sheikh Mohammed bin Zayed's daughter graduates from military school
Sheikha Hassa's brother, 12, attended the session and said he was not expecting the course to help him develop that many skills, reported Wam.
The ceremony was attended by Sheikh Dhiyab bin Zayed; Pilot Staff-Brigadier Sheikh Ahmed bin Tahnoun, Chairman of the National and Reserve Service Authority; Rear Admiral Pilot Sheikh Saeed bin Hamdan, Deputy Commander of the Naval Forces; Sheikh Hazza bin Tahnoun, Under-Secretary of the Diwan of the Ruler's Representative in the Al Ain Region, and several Sheikhs and senior officers of the Armed Forces, as well as a crowd of invited parents and relatives of the graduates.
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Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
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Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
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What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
