The World Games ended last Thursday night. Earlier that day, bocce medalists Kerry (one silver, one bronze) and Neil (two silver) visited the elementary students at the Canadian International School in Abu Dhabi to talk about their experience and show them their medals! Everyone wanted to try them on and all were in awe of these champions.
Later on that day, the athletes participated to the Closing Ceremony and everyone was on the dance floor! SO Team Canada left the UAE on Saturday morning and the athletes are currently arriving back to their hometown.
To call the Games a success for SO Team Canada would be an understatement. Our athletes won a total of 90 gold, 37 silver and 28 bronze medals, which is the highest number of gold medals of any of the nations participating in the Games! This shows that we had a well-rounded team of motivated athletes. The medal tally doesn’t take into account all of the personal bests beaten, the friendships made and the once-in-lifetime experience of being an Olympian.
I would like to take this time to thank you all for your support for our athletes and for this initiative. You truly are all #unifiedchampions!
Special Olympics Coordination Officer – Coordonatrice pour les Olympiques spéciaux
The Emirates ranked highly in the Positivity Index of Nations because of its focus on future generations.
The UAE has ranked 8th on an index that measures countries' positive effect on the world and their ability to prepare its young people for future challenges.
The Positivity Index of Nations is an annual global report published by the Positive Economy Institute since 2013.
This year, the UAE was included as a non-OECD country for the first time and outperformed 27 of the 34 OECD member countries listed, including the UK, US, France and Australia. Iceland came out on top with other Scandinavian countries also making the top 10. The UK just missed out, ranking 11th and no other Arab countries were listed among the 30 nations listed.
The index assesses countries on their positive effect regionally and globally and their efforts to anticipate future opportunities and challenges in vital sectors.
The UAE appears to have ranked highly because of its focus on empowering young people, building their capabilities and preparing them for the future.
The index tests countries through three main dimensions that are measured using 30 indicators.
The first dimension, "Educate and Finance Future Generations" tests positive finance, positive education and positive solidarity. The second dimension, "Preparing Adequate Infrastructure for Future Generations" tests positive resources and positive connections. While the third dimension "Building a Consensus for Future Generations" covers indicators of positive governance, positive dynamics, positive inclusion and positive participation.
Headed by French economist Jacques Attali, the Positive Economy Institute was established in 1998 with the aim of building a better world for future generations by encouraging international commitment to developing a sustainable economy.
Source: The National
RAS AL KHAIMAH, 22nd February, 2019 (WAM) -- H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras al-Khaimah, attended the Terry Fox Run on Friday, a charity race to support cancer research centres.
Some 4,500 people took part in the Run, which has become one of the most popular events nationwide, amid enormous participation its the sponsors.
Held for the 10th year in a row, the Run also aims to boost solidarity between institutions and the community to encourage the raising of funds for cancer research.
Among others present were Sheikh Omer bin Saqr Al Qasimi; Marcy Grossman, Consul-General of Canada in Dubai; Dr. Akima Umezawa, Consul-General of Japan in Dubai and a number of Sheikhs, heads of departments, and fans.
Terrance Stanley "Terry" Fox (28th July, 1958 - 28th June, 1981), after whom the race has been named, was a Canadian athlete, humanitarian and cancer research activist. In 1980, with one leg having been amputated, he embarked on a cross-Canada run to raise money and awareness for cancer research. Although the spread of his cancer eventually forced Fox to end his quest after 143 days and 5,373 km (3,339 miles), and ultimately cost him his life, his efforts resulted in a lasting, worldwide legacy.
The Dubai Chamber of Commerce received a trade mission from Canada led by the Consul General of Canada in Dubai, Marcy Grossman that was attended by leading F&B importers from Dubai and Canada. Over 130 meetings were held between them as a result.
In the runup to @gulfood, we recently received a trade mission from Canada led by the Consul General of Canada in Dubai, HE @MarcyGrossman that was attended by leading F&B importers from Dubai and Canada. Over 130 meetings were held between them as a result. pic.twitter.com/ud624DMviG— Dubai Chamber (@dubaichamber) February 19, 2019
In the runup to @gulfood, we recently received a trade mission from Canada led by the Consul General of Canada in Dubai, HE @MarcyGrossman that was attended by leading F&B importers from Dubai and Canada. Over 130 meetings were held between them as a result. pic.twitter.com/ud624DMviG
Canada has formally announced its participation at Expo 2020 Dubai. The Request for Information (RFI) for the design, build, construct and dismantle of the Canada Pavilion, including the exhibition component, has been published in Public Works and Government Services Canada website. Please click here. This will be followed by a full request for proposal (RFP) expected to be posted by March 31, 2019.
All major contracts for the supply and service of Canada’s presence at EXPO 2020 will be tendered and contracted through the Government of Canada’s regular procurement process; guided by an open, transparent, and merit-based process. This may include, inter alia, communications, hosting, gift shop and other products and services necessary to operate the pavilion. These opportunities will be posted publicly in the coming months.
Expo 2020 continues to grow bigger as Canada has confirmed its participation in the upcoming mega event set to be held in Dubai next year.
The G7 nation's participation was sealed during two separate high-level meetings between Jim Carr, Canada's Minister of International Trade Diversification, Mohammad Al Gergawi, UAE Minister of Cabinet Affairs and the Future, and Mohammed Al Shaibani, director-general of the Ruler's Court, Government of Dubai, held on the sidelines of the World Economic Forum in Davos, Switzerland.
"The UAE is a hub for important global events like the Expo that will help contribute to a brighter global future. We are working hard to ensure greater international cooperation to enhance the future of humanity, founded on the strong relationships that we enjoy with countries around the world, including Canada," said Al Gergawi.
"It is welcome news that Canada is rejoining the Expo movement to participate at Expo 2020 Dubai. We are looking forward to leveraging the Expo platform to continue to build on investment ties with Canada, Canadian companies and the Canadian community here who call the UAE their home," said Al Shaibani.
Expo 2020 Dubai will mark Canada's first participation in a World Expo since Expo 2010 Shanghai China, and will see the country showcase its economic, social and cultural contributions to a global audience of millions.
Carr said with the eyes of the world on Dubai, Canada's presence at Expo 2020 affirms the vitality of Canada-UAE relations, while showcasing the best Canada has to offer. "We only need to look at the lasting effects that hosting two world fairs has had on the fabric of our own nation to understand the potential this represents for Canada and for Canadians."
A total of 190 countries have already confirmed their participation for Expo 2020. Among the countries that have confirmed their pavilion plans include Austria, Brazil, Czech Republic, Finland, Germany, Luxembourg, New Zealand, Oman, Poland, Switzerland, the UK and the UAE.
During the six-month long exhibition, Canada will also be able to further promote its trade diversification strategy through the next World Expo. Canada has a long history of participating in World Expos and has hosted two previous editions: Expo 67 in Montreal and Expo 86 in Vancouver.
Canada and the UAE already enjoy strong bilateral relations and Expo 2020 Dubai will offer a unique opportunity to boost them further. The UAE is Canada's largest export market in the Middle East and North Africa region, with merchandise exports valued at $1.6 billion in 2017.
Abu Dhabi, United Arab Emirates, 9 January 2019 — Canada has today officially become a member of the International Renewable Energy Agency (IRENA). Canada becomes the Agency’s 160th member to join the global intergovernmental organisation dedicated to the widespread adoption of renewable energy.
Canada’s membership comes on the eve of IRENA’s ninth and largest Assembly. More than 120 ministers are expected to join 1,200 delegates from 150 countries in Abu Dhabi, to accelerate the deployment of sustainable sources of energy.
“The growing green economy is among the greatest economic opportunities for Canada in a generation,” said Amarjeet Sohi, Canada’s Minister of Natural Resources. “Becoming an IRENA member will accelerate Canada’s efforts to build a clean energy future which will bring new economic growth and thousands of new, well-paying jobs.”
“We are delighted to welcome Canada as a new member of the IRENA family,” said IRENA Director-General, Adnan Z. Amin. “Canada has vast renewable energy resource potential and long-standing experience in low-carbon development that it can share through international cooperation.
“We look forward to working with the Canadian government as well as the private sector and research institutions to advance energy transformation,” continued Mr. Amin. “Canada’s membership firmly underscores the leadership it can demonstrate in renewable energy technology, sustainable development and global energy decarbonisation.”
Renewable energy accounts for two-thirds of Canada’s power generation and just under 20 per cent of its total final energy supply thanks largely to significant hydropower resources, which make it the second largest producer of hydropower in the world. Renewable power generation in Canada increased from 78 gigawatts (GW) in 2009 to 99 GW in 2017. In addition to plentiful hydro resources, Canada also has significant wind, biomass, solar, marine and geothermal energy potential. For example, today, wind accounts for 5 per cent of electricity generation in Canada.
An employee inspects machines for the production of bitcoins at a mining centre in Kirishi, Russia. AFP
With rules for initial coin offerings to be finalised by mid-2019, the UAE is all set to join the ranks of top global financial markets regulating crypto-assets and will be among the leading regional destinations for blockchain related businesses and investments, say experts.
This initiative will add the UAE, the second-biggest Arab economy, to the expanding list of global regulators that have decided to standardise ICOs. Japan’s Financial Services Agency is screening cryptocurrency exchanges before registration, while New York State Department of Financial Services is issuing BitLicence to companies who want to operate in virtual currencies.
“The UAE is perfectly positioned to be a global leader in the ICO space,” said Hans Fraikin, chief executive of Libra Project in Abu Dhabi, which is issuing equity tokens in green utility infrastructure. (Mr Fraikin is also a board member on the Canadian Business Council (CBC) Abu Dhabi).
For Tokenised start-ups using encrypted blockchain technology, the UAE is the most progressive and promising jurisdiction in the world to be based out of right now, Mr Fraikin said.
Abu Dhabi Global Market, one of the fastest growing financial hub in the region, and Dubai International Financial Centre are both keen to implement crypto-exchange legislation in 2019.
"If they succeed as planned, they will be at the forefront of this new burgeoning global securities sector,” Mr Fraikin added.
Except for a couple of smaller jurisdictions such as Malta and Gibraltar, other national regulators and larger jurisdictions are still trying to figure out how to regulate the new crypto-asset industry.
The UAE’s Securities and Commodities Authority (SCA), which supervises and monitors the markets, has approved ICOs as securities and will work with the Abu Dhabi Securities Exchange and Dubai Financial Market to develop trading platforms for ICOs next year.
“Being one of the first jurisdictions looking to regulate ICOs… the UAE is at the forefront of the industry,” said Andrea Bonaceto, chief executive of Eterna Capital – a fund management firm in London.
“Owing to the government’s efforts to keep actively modernising its financial infrastructure, the UAE will become a competitive location to attract ICOs and blockchain related investments in 2019.”
However, industry experts said it is very important for the UAE to focus on developing its own community of developers and users to ensure a sustainable future of the sector in the country. Off late, there have been some efforts on that front with development of programmes such as the ConsenSys Academy, whose first class of blockchain developers graduated in Dubai in October last year.
Recent bad run of ICOs is also a reason to worry for the crypto industry.
Significant number of ICOs launched in 2017 and early 2018 are going through a difficult time, said Mr Bonaceto. “While this could be explained by a dramatic downward price correction experienced in 2018, in most circumstances it could have been prevented [to some extent] with a better treasury management.”
ICOs offer a way of crowdfunding to smaller enterprises, other than internet-based platforms. They raised $3.3 billion (Dh12bn) through 412 projects in the first quarter of 2018, according to ICO Rating, a global ratings agency for the cryptocurrency market.
ICOs are an opportunity to finance the small- and medium-sized enterprises and a novel way of crowdfunding that is away from traditional tools, Obaid Al Zaabi, the chief executive of Emirates Securities and Commodities told The National last week.
“ICOs are a global phenomenon… while looking at rapid developments in other domains like artificial intelligence, robotics and transportation - many global players will prefer UAE if there are clear regulations governing ICOs,” said Raghu Yadav, vice president of cryptocurrency start-up MetaBit in Beijing.
Besides fuelling global industry, having more players in this domain will also add value to Abu Dhabi's own blockchain ambitions, Mr Yadav said.
UAE unveiled the Emirates Blockchain Strategy 2021 in April this year, which aims to switch almost 50 per cent of government transactions to blockchain platforms in three years. Dubai Government has its own strategy that aims to help the emirate become the first city in the world to be fully powered by blockchain by 2020.
TORONTO, 20th December, 2018 (WAM) -- Fahad Saeed Mohammed Al Raqbani, UAE Ambassador to Canada, underlined the advanced technological readiness boasted by the UAE and its ability to attract and host international companies from key sectors.
Al Raqbani made the statements during a session organised by the UAE Embassy and Consulate in Canada, to promote the activities of the UAE-Canada Business Council, on the first day of the Toronto Global Forum, which is part of the International Economic Forum of the Americas, IEFA.
Al Raqbani noted that the trade exchange between the UAE and Canada exceeded US$1.6 billion in 2017, and shed light on the business opportunities provided by the UAE to Canadian companies.
He highlighted the country’s investment-conducive environment and underlined the UAE’s ability to keep pace with global developments.
During the forum, a short CNN documentary was shown on the world-class initiatives and strategies adopted by various Emirati institutions to facilitate business activities and create a sustainable economic future.
On the sidelines of the forum, Al Raqbani met with Navdeep Bains, Canadian Minister of Innovation, Science and Economic Development, to discuss ways of accelerating bilateral relations, across various domains, primarily innovation and space, in line with the Memorandum of Understanding recently signed by the two sides, with the Canadian minister commending the UAE’s overall development drive.
The event was attended by Sultan Ali Al Harbi, UAE Consul-General in Toronto, and several senior officials, businessmen and representatives of business councils.
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