10th Mar, 2019

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that the Government of Dubai is taking the necessary steps to implement the 50-Year Charter to ensure a sustained development march that will turn Dubai into the best city in the world.

Sheikh Hamdan's comments came as he approved a new strategy to create economic and creative free zones in universities that will allow students to carry out business and creative activities as an integrated part of their higher education. The aim is to support students with education and research, and funding and pave way for the universities to graduate not students, but successful entrepreneurial employers.

It said:

'Article 6: Free Economic and Creative Zones in Universities

Dubai's foundation is rooted in trade.

We will announce our public and private universities as free zones that allow students to carry out business and creative activities, make these activities part of the education and graduation system, and shape integrated economic and creative zones around the universities.

These zones will support students with education, research and funding during the launch of their projects.

We want our universities to not only graduate students but also create companies and employers.'

In this context, Sheikh Hamdan said, "We draw inspiration from the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and the targeted future development areas that he outlined in the 50-Year Charter."

"As we approve the strategy to create economic and creative free zones in universities, we set in motion a revolutionary plan that will assist students to realise their dreams in becoming the young successful business leaders of the future," Sheikh Hamdan added.

Furthermore,Sheikh Hamdan highlighted the importance of supporting graduates in their quest to create progress and how that supports Dubai's approach to become a leading global hub for entrepreneurship and investment in knowledge.

The new strategy was prepared by the Dubai Future Foundation in collaboration with other government entities that will play an integral role in assuring a successful implementation of this ambitious plan. The strategy prioritises collaboration with top international research institutions and universities to achieve its goals.