September 21, 2024

Mohammed bin Rashid launches Dubai National University with AED4.5 billion investment


DUBAI: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today announced the establishment of Dubai National University, with an investment of AED4.5 billion. A key component of the strategic projects developed under the framework of the Dubai Social Agenda 33, the university aims to further enhance Dubai’s position as a global hub for higher education and scientific research, while preparing a new generation of highly-skilled Emirati leaders and professionals. Dubai National University will offer specialised programmes and has set itself a target of ranking among the top 200 global universities within the next 20 years.

Announcing the new university on his official account on X, His Highness Sheikh Mohammed said, “Brothers and sisters, today we are launching a new project, Dubai National University, with an initial investment of AED4.5 billion. Within the next decade, we aspire for Dubai National University to rank among the top 50 young universities, off
ering specialised and future-oriented academic programmes, and become a leading institution in research contributions. The university’s identity will be Emirati, its programmes global, and its outcomes will serve our development journey. The world is changing rapidly, and the real challenge is creating generations capable of understanding these changes and using them to build a better future for us and our country.’

His Highness further said, ‘Within the next 20 years, we want it to rank within the top 200 universities worldwide. Locally, the university aims to become one of the top three for contributions in research within the next ten years.’

‘Dubai National University will provide high-quality programmes that enhance Dubai’s educational ecosystem and support the emirate’s ambitions, cementing Dubai’s position among the top ten cities worldwide in quality of education over the next decade.

‘The world is changing rapidly,’ His Highness added, ‘and our real challenge is creating a generation that excels a
cademically and keeps pace with Dubai and the UAE’s future aspirations.’

He further noted, ‘We are not just building a university; we are building a future that transcends borders. Our goal is to establish a knowledge centre that will be a beacon for science, a hub for youth, and a resource for the future. Hamdan bin Mohammed has been appointed as the University’s President, Maktoum bin Mohammed as Vice President, and Ahmed bin Saeed as Chairman of the Board of Trustees. The institution will also be guided by a global advisory council with experts from various disciplines. Dubai National University will be a powerful contributor to Dubai’s academic standing, ensuring it remains a leader in scientific endeavours that benefit humanity.’

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, Chairman of Dubai Executive Council, and President of Dubai National University, said, ‘Dubai continues, under the vision of His Highness Sheikh Mohammed b
in Rashid Al Maktoum, to proactively drive human development and enhance its world-class infrastructure for higher education and scientific research. Empowering academic talent is essential for cultivating highly competent leaders who can pioneer future sectors, lead innovation, steer RandD, accelerate economic and social development, and ultimately continue to drive Dubai’s transformation.’

He added, ‘Dubai National University will develop local talent, attract global expertise, and foster academic collaboration with institutions, research centres, and experts worldwide, embodying Dubai’s dynamic innovation ecosystem. It will support our knowledge community, contribute to shaping our future, and advance Dubai’s goal to become one of the world’s top 10 cities for education over the next decade.’

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Vice President of Dubai National University, said, ‘Universities, as research cent
res, play a fundamental role in economic development. They help to enhance competitiveness, support growth, create new paths for diversification, expand the horizons of knowledge-based economies and uncover new opportunities.’

He added, ‘Under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, universities in Dubai have evolved into hubs of economic development and incubators for innovation. Dubai National University contributes to the Dubai Economic Agenda 33, aiming to position the emirate as a global leader in higher education. It will nurture local and global talents, empowering young generations with entrepreneurial skills to create global impact.’

H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Deputy Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai National University, said, ‘Dubai continues to strengthen its position as a beacon of knowledge and a destination for researchers, innovators, and those committe
d to academic and intellectual pursuits that benefit humanity. Establishing a comprehensive knowledge-based economy has always been a top priority for His Highness Sheikh Mohammed bin Rashid Al Maktoum. Today, we announce the founding of Dubai National University, a significant addition to our global contribution to academic knowledge and scientific research.’

He added, ‘Human development has always characterised Dubai’s success story. Institutions like Dubai National University nurture minds, build capacities, refine skills, empower talents, stimulate innovations, and prepare future leaders who are capable of creating opportunities, anticipating change, and shaping future sectors. We look forward to the university playing a central role in preparing a highly capable generation, attracting exceptional minds and outstanding students from the UAE and around the world.’

His Highness Sheikh Mohammed bin Rashid Al Maktoum announced the formation of the Board of Trustees for Dubai National University, chaired by
H.H. Sheikh Ahmed bin Saeed Al Maktoum. The Board includes Omar Sultan Al Olama, Helal Saeed Al Marri, Aisha Abdulla Miran, Ahmed bin Byat, and Professor Alawi Al Sheikh Ali.

The university will also have a Global Advisory Board comprising international experts in various fields, including Dr. Mohamed El-Erian, a renowned global economist, Saeb Eigner, Professor Fadel Adib and Fadi Ghandour. The board’s role is to foster collaboration with the global academic and scientific community, anticipate new trends and developments and propose new university programmes and research areas that align with students’ ambitions and Dubai’s aspirations.

Dubai National University will attract outstanding students from both the UAE and around the world through very competitive admission criteria based on the highest global standards. It will focus on creating partnerships with the community, government and businesses, ensuring students have access to top research laboratories and internships in industry and government. It w
ill also offer students scholarship opportunities, an outstanding university experience and a range of other benefits.

Supporting the goals of the Dubai Social Agenda 33 by enhancing human capital and enriching national values among youth, the university will also elevate Dubai’s status as a leading destination for youth empowerment, especially in terms of accessing employment opportunities in the private sector.

Advisory Council Members

Dr. Mohamed El-Erian is an internationally celebrated economist who received the Arab Excellence Award in the field of economics. He is the President of Queens’ College at the University of Cambridge and an advisor to the National Bureau of Economic Research. He served as Chairman of the Global Development Council for five years and was selected by the Foreign Policy Index as one of the top 100 global thinkers for four consecutive years. He has published numerous works and writes for major global economic and financial journals. He has made significant contributions to glo
bal economic development and developed effective economic theories to enhance the resilience of both developing and advanced economies.

Saeb Eigner has been a board member of the Dubai International Financial Centre since 2004. He also served as Chairman of the Dubai Financial Services Authority for 10 years, from 2011 to 2021. He is the founder of Lone World and the founding Chairman of the Regional Advisory Board of London Business School, as well as the President of the Alumni Association. He is a former member of the World Economic Forum’s Agenda Council in Davos. His interests also include the education and arts sectors. He is a senior advisor to the British Museum and has authored numerous books and publications.

Professor Fadel Adib is a recipient of the Arab Excellence Award in the category of technology and engineering, recognised for his leadership in wireless technology and its applications. He was selected as a Young Global Leader by the World Economic Forum. He is an Associate Professor at the
Massachusetts Institute of Technology (MIT) and was listed by MIT Technology Review among the top 35 innovators under the age of 35, and by Forbes among the top 30 innovators under 30 in technology. His innovations are widely used in advanced applications such as robotic perception for search and tracking, and remote monitoring of patients, especially those with Alzheimer’s and COVID-19.

Fadi Ghandour is a board member of the Dubai Chamber of Digital Economy and the Executive Chairman of the Wamda platform, through which he works to enhance the inclusive environment that supports the culture of entrepreneurship, growth, and investment in the Middle East. He is the co-founder of Aramex, where he served as CEO for 30 years. He is also the founder of the Ruwwad for Development initiative for startups, which strengthens the role of the private sector in empowering youth in the Arab world and opens opportunities for financing their entrepreneurial projects and creative ideas.

Source: Emirates News Agency