Latest news with #AlHussaini
Qatar Tribune
11 hours ago
- Sport
- Qatar Tribune
QF backs student athletes through academics, sports and careers
Tribune News Network Doha At Qatar Foundation, students are empowered to pursue their sporting passions while receiving the academic support, personal guidance, and life skills they need to thrive. From early years to graduation, QF schools take a holistic approach to education, nurturing well-rounded individuals who succeed both in competitive sports and in life. Jassim Al Hussaini, 18, recently graduated from Qatar Academy Al Khor (QAK), part of Qatar Foundation's (QF) Pre-University Education (PUE). A member of both the Qatar Cycling Federation and the Qatar Triathlon Federation, he has represented his country locally and on the international stage multiple times. 'I realised I wanted to pursue sport seriously around the age of 15,' he explained. 'At that point, I saw the potential to grow, compete, and represent my country. The discipline it required gave me a sense of purpose, and I began structuring my life around both athletic and academic goals – and finding this balance taught me the importance of planning and discipline. 'I trained six days a week, usually early mornings or evenings, which meant I had to stay organised with my schoolwork. I often used breaks during the day to study or complete assignments. I also made sure I got enough rest because recovery is just as important as training.' He added, 'The support from QF teachers was amazing. They understood my athletic goals and were flexible when I had competitions or intensive training. They helped me catch up on missed lessons and were always encouraging. Their understanding allowed me to stay on track academically while also committing to my sport.' According to Al Hussaini, QF played a key role in helping him develop into a well-rounded student – extending beyond academics and sports. During his time at the school, he learned to lead initiatives and collaborate with others, such as organising a charity run earlier this year with QAK and the Seashore Group. These experiences strengthened his leadership, resilience, and teamwork – qualities that supported both his academic success and development as a student-athlete. Looking ahead, Al Hussaini hopes to continue improving his cycling, compete internationally, and inspire the next generation of young athletes. Maryam Hamad Al Qahtani, a Grade 4 student at PUE's Tariq Bin Ziad School, is an aspiring basketball player. She joined the Qatar Basketball Federation (QBF) in October 2024 after her PE teachers recognised her talent and encouraged her to pursue her passion. Al Qahtani trains around eight hours a week with QBF, in addition to taking part in basketball activities at school, so she has to plan her time carefully. 'My teachers always encourage me to do my best. They recognise my achievements and celebrate them in front of my classmates, which really motivates me and fills me with honour.' Al Qahtani said that QF has given her incredible opportunities, and one of her most unforgettable moments was participating in QF's National Sport Day celebrations at Education City, which she described as the true starting point of her basketball dreams. She added that basketball has taught her the meaning of hard work and the importance of perseverance, saying: 'Even if I stumble, I can always get back up and try again. I use this lesson every day – whether in my schoolwork or anything else I do – knowing that with effort and a positive attitude, I can achieve my goals.'
Arabian Post
a day ago
- Business
- Arabian Post
UAE Deepens BRICS Ties at Rio Finance Summit
Arabian Post Staff -Dubai The United Arab Emirates joined the BRICS Finance Ministers and Central Bank Governors Meeting in Rio de Janeiro on 6 July 2025 under Brazil's rotating presidency, with a focus on the global economic outlook and climate finance. Led by H. E. Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, the UAE delegation included key figures from the Ministry of Finance and the Central Bank of the UAE. Al Hussaini opened his remarks by stressing the UAE's commitment to deepening dialogue on the future of the global financial system and strengthening multilateral cooperation frameworks to face development challenges. He asserted that platforms such as BRICS provide 'important opportunity to enhance global economic governance, expand access to innovative financing, and support long‑term financial stability'. ADVERTISEMENT The summit's agenda was structured into three comprehensive sessions: finance ministries, central banks, and a joint forum examining the international economic landscape, climate finance, and policy coordination. Delegates also discussed a proposal by Brazil to pilot a BRICS Multilateral Guarantee fund via the New Development Bank, aiming to mobilise private investment for infrastructure and climate-related initiatives. In a move signalling its growing climate finance role, the UAE, alongside China, expressed intention to invest in Brazil's Tropical Forests Forever Facility — a fund supported by BRICS to safeguard tropical forests. Leaders issued a joint statement underscoring the responsibility of developed nations to contribute to climate mitigation efforts. Further strengthening the bloc's role in global economic governance, BRICS finance ministers advanced a unified proposal for IMF reform. The initiative calls for a restructured quota system that reflects current global economic realities, incorporating output and purchasing power to boost representation for emerging economies. The proposal is slated for presentation at the 2025 IMF Review in December. Discussions included plans for a cross-border payments system to enhance financial integration within BRICS, potentially reducing reliance on Western-controlled mechanisms and promoting monetary coordination among member states. Brazilian President Luiz Inácio Lula da Silva framed BRICS as a beacon of multilateral diplomacy, likening it to the Non‑Aligned Movement, and warned against Western protectionist trends, including carbon border taxes. He emphasised that the bloc represents 40% of global output and over half the world's population, and advocated reform of institutions like the IMF and UN Security Council. The UAE, which joined BRICS in January 2024 and entered the NDB in October 2021, is now actively shaping the bloc's agenda on governance, finance, and sustainability. Its support for key initiatives highlights a strategic effort to elevate its international role in emergent economies and climate action.
Zawya
01-07-2025
- Business
- Zawya
Mohammed Bin Rashid Innovation Fund launches a new chapter to strengthen government innovation
The launch of the new space reflects the UAE's ongoing commitment to advancing innovation Dubai, UAE – The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support the national innovation ecosystem, has officially inaugurated its headquarters in the Dubai World Trade Centre area —marking the beginning of a new phase focused on accelerating government innovation, knowledge-sharing, and collaboration among entrepreneurs, innovators, and strategic partners. Held under the theme 'Innovation for a Better Life', the launch event was attended by His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, alongside senior government officials, members of the Fund's Management Committee, and various partners. Guests experienced live showcases demonstrating the real-world impact of MBRIF's support on its members, and explored future-forward innovation pathways aligned with the UAE's advanced National Innovation Strategy. Achievements Since its inception, the Mohammed Bin Rashid Innovation Fund has received applications from innovators in 89 countries, drawn to the UAE's inspiring and opportunity-rich environment. The Fund has supported over 170 innovative startups, providing access to funding, mentorship, and business development. To date, it has issued government-backed guarantees exceeding AED 43 million to help members scale their ventures. As a result, MBRIF members have secured more than AED 2.8 billion in financing and played a role in the creation of over 800 jobs in the UAE, supporting national development and talent investment. Integrated Platform H.E. Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said: 'The launch of MBRIF's new headquarters is a qualitative leap in strengthening the institutional infrastructure that supports the UAE's innovation ecosystem. It reflects our commitment to translating strategic plans into tangible initiatives that accelerate sustainable economic development. The new space is designed to be an integrated platform that brings together innovators, investors, and experts in an environment conducive to pioneering future-ready solutions.' He added: 'Innovation is no longer an optional development tool—it is a strategic imperative for boosting the competitiveness of our national economy. Through this Fund, we are working to empower entrepreneurs and innovators by equipping them with the tools and resources to transform their ideas into scalable business models, reinforcing the UAE's position as a global innovation hub.' Located at One Central – Dubai World Trade Centre, the new headquarters offers flexible co-working spaces for participants in the Fund's flagship programmes—the Innovation Accelerator and the Guarantee Scheme. The facility fosters direct engagement between innovators, experts, and investors. It also includes event and workshop spaces and is equipped with immersive digital features such as holographic technology and interactive displays, offering visitors a comprehensive experience of the Fund's mission and impact across various economic sectors. Championing Innovation Delivering remarks at the event, H.E. Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, affirmed the UAE's commitment to cementing its role as a global hub for innovation. He stated: 'Our wise leadership has set clear objectives to create an enabling environment for innovation—through the right regulatory frameworks, comprehensive support services, robust infrastructure, and investment access. The Mohammed Bin Rashid Innovation Fund plays a vital role in realising this vision by fostering a strong ecosystem for high-growth startups and contributing to job creation in the UAE. The new headquarters launch marks a fresh step in advancing this mission—offering a dynamic space for innovators to collaborate, learn, and fuel the knowledge economy.' Delivering Impactful Solutions Also speaking at the event, H.E. Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank, said: 'The launch of the new headquarters marks a pivotal milestone for the Fund. Our mission is to empower promising entrepreneurs and provide them with the support and expertise to transform their ideas into real-world solutions. The space has been designed as an interactive platform that brings together entrepreneurs, innovators, and investors—driving impactful partnerships and sustainable economic progress.' As part of the launch celebrations, guests were introduced to a special interactive artwork by renowned Emirati artist Abdulla Lutfi, titled 'Innovation for a Better Life.' The piece, which incorporates augmented reality (AR) technology, is now on permanent display at the MBRIF headquarters. Future-Driven Vision This event marks the beginning of a new chapter that reaffirms innovation as a strategic pillar and a key driver in shaping government policies and services. The new space serves as a comprehensive platform that connects promising talents, bold ideas, and investment opportunities—strengthening the UAE's ability to anticipate the future and build a resilient, knowledge-based, and diversified economy. The launch of the Fund's new headquarters aligns with a broader vision to deepen partnerships with the private sector and expand the scope of innovation across vital industries. It empowers entrepreneurs and startups through an integrated ecosystem that offers smart infrastructure, sustainable financing, and robust institutional networks. About the MBRIF: The Mohammed bin Rashid Innovation Fund (MBRIF) is a federal initiative launched by the Ministry of Finance and is operated by Emirates Development Bank. Since its launch in 2016, the MBRIF has supported innovators through its first program, the Guarantee Scheme, which offers members access to affordable funding through a government-backed guarantee and without taking equity. The MBRIF's second program, the MBRIF Accelerator, was launched in December 2018. Aligned with the UAE National Innovation Strategy, the initiative aims to enhance growth potential of innovative businesses shaping the future of UAE's economy. The MBRIF Accelerator offers world-class services and coaching to member companies to accelerate their business, elevate capabilities, unlock value and achieve scale. Additionally, the MBRIF partners with the public and private sector to help facilitate growth, provide support, create opportunities and pave the way to success for its member companies in the UAE. For more information, please visit:
Mid East Info
21-04-2025
- Business
- Mid East Info
UAE takes part in Spring Meetings of the World Bank Group and International Monetary Fund next week - Middle East Business News and Information
The UAE is participating in the Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) 2025, held in Washington, D.C., from April 21 to 26. The Ministry of Finance and the Central Bank of the UAE (CBUAE) will represent the UAE in the meeting with the delegation being led by H.E. Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs. Joining Al Hussaini are H.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE; H.E. Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; H.E. Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at the Central Bank of the UAE; H.E. Ahmed Saeed Al Qamzi, Assistant Governor for Banking and Insurance Supervision at the CBUAE, and Ali Abdullah Sharafi, Acting Assistant Under-Secretary for International Financial Relations at the Ministry. Several senior financial experts are also accompanying the delegation. The meetings are set to discuss global economic priorities, including future fiscal and monetary policies, ways to bolster financial resilience, and promote effective international cooperation. Additionally, the sessions will explore the importance of international cooperation to foster new growth opportunities and adapt to evolving economic conditions. Development goals: 'This year's IMF/WBG Spring Meetings offer a strategic platform to coordinate international efforts and strengthen cooperation in tackling global economic and financial challenges,' Al Hussaini said. 'Through our participation, we look forward to contributing significantly to fostering a constructive dialogue on sustainable economic policies that encourage inclusive growth and support the development goals of nations around the world.' He added that the UAE is committed to strengthening partnerships with international financial institutions and maintaining its proactive role in supporting comprehensive development initiatives. 'We firmly believe that coordination and collaboration are key to achieving global economic stability and fulfilling our regional and international responsibilities,' Al Hussaini noted. Global platform: The meetings will offer a unique global platform for open dialogue, bringing together a select group of economic leaders and financial policymakers from around the world to share insights on how to strengthen international cooperation amid the rapidly changing global economic landscape. The UAE delegation will be taking part in a series of key events this year, including a ministerial meeting for the Middle East, North Africa, Afghanistan, and Pakistan with the Managing Director of the International Monetary Fund. The delegation will also participate in a closed-door roundtable with MENA Ministers of Finance, the second G20 finance ministers and central bank governors meeting, the International Monetary and Financial Committee plenary session, and the 2nd BRICS Finance and Central Bank Deputies (FCBD) Meeting as well as various discussions covering topics like global economic prospects, development financing, climate action, and digital transformation. In addition, the UAE delegation will host a panel discussion at the UAE Embassy in Washington, bringing together Emirati students studying in the U.S. for a discussion about career opportunities in international financial organisations. This session, titled 'Employment Opportunities in International Financial Organisations', will connect students with potential pathways to exciting careers in global financial institutions.
Sharjah 24
20-04-2025
- Business
- Sharjah 24
UAE to participate in 2025 IMF and World Bank Spring meetings
UAE delegation led by Mohamed Al Hussaini The Ministry of Finance and the Central Bank of the UAE (CBUAE) will represent the UAE in the meeting with the delegation being led by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs. Joining Al Hussaini are Khaled Mohamed Balama, Governor of the Central Bank of the UAE; Younis Haji AlKhoori, Under-Secretary of the Ministry of Finance; Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at the Central Bank of the UAE; Ahmed Saeed Al Qamzi, Assistant Governor for Banking and Insurance Supervision at the CBUAE; and Ali Abdullah Sharafi, Acting Assistant Under-Secretary for International Financial Relations at the Ministry. Several senior financial experts are also accompanying the delegation. Key topics of discussion The meetings are set to discuss global economic priorities, including future fiscal and monetary policies, ways to bolster financial resilience, and promote effective international cooperation. Additionally, the sessions will explore the importance of international cooperation to foster new growth opportunities and adapt to evolving economic conditions. UAE's commitment to international cooperation 'This year's IMF/WBG Spring Meetings offer a strategic platform to coordinate international efforts and strengthen cooperation in tackling global economic and financial challenges,' Al Hussaini said. 'Through our participation, we look forward to contributing significantly to fostering a constructive dialogue on sustainable economic policies that encourage inclusive growth and support the development goals of nations around the world.' He added that the UAE is committed to strengthening partnerships with international financial institutions and maintaining its proactive role in supporting comprehensive development initiatives. 'We firmly believe that coordination and collaboration are key to achieving global economic stability and fulfilling our regional and international responsibilities,' Al Hussaini noted. Global dialogue and engagement opportunities The meetings will offer a unique global platform for open dialogue, bringing together a select group of economic leaders and financial policymakers from around the world to share insights on how to strengthen international cooperation amid the rapidly changing global economic landscape. Key events and panel participation The UAE delegation will be taking part in a series of key events this year, including a ministerial meeting for the Middle East, North Africa, Afghanistan, and Pakistan with the Managing Director of the International Monetary Fund. The delegation will also participate in a closed-door roundtable with MENA Ministers of Finance, the second G20 finance ministers and central bank governors meeting, the International Monetary and Financial Committee plenary session, and the 2nd BRICS Finance and Central Bank Deputies (FCBD) Meeting as well as various discussions covering topics like global economic prospects, development financing, climate action, and digital transformation. UAE Embassy panel for Emirati students In addition, the UAE delegation will host a panel discussion at the UAE Embassy in Washington, bringing together Emirati students studying in the U.S. for a discussion about career opportunities in international financial organisations. This session, titled 'Employment Opportunities in International Financial Organisations', will connect students with potential pathways to exciting careers in global financial institutions.
