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Emirates

Theyab bin Mohamed bin Zayed visits IDEX

ABU DHABI, 22nd February, 2023 (WAM) – H.H. Sheikh Theyab bin Mohamed bin Zayed, Member of the Abu Dhabi Executive Council, has visited the 16thInternational Defence Exhibition (IDEX), which is being held in Abu Dhabi from 20th to 24th February.

H.H. reviewed advances and innovations in defence and security technologies during the showcase event at ADNEC.

The five-day IDEX 2023 has assembled industry experts from around the world to explore opportunities for collaboration and strategic partnerships.

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Emirates

Dubai Future Foundation Issues Special ‘Global 50’ Report on Youth Ahead of UN Summit

The Dubai Future Foundation (DFF) hasvlaunched a special edition of its ‘Global 50’ report, exploring innovative solutions that empower youth and future generations.
Released ahead of the 2024 United Nations’ Summit’ of the Future’ the ‘Global 50: Future
Opportunities’ report complements the forthcoming UN ‘Pact for the Future’ ‘Declaration on
Future Generations’ and ‘Global Digital Compact’, which focus on addressing challenges and
opportunities of today and for years to come.
This edition features insights from both international and UAE experts, spotlighting
opportunities that drive innovation, address global challenges, and support sustainability. The
strategies outlined aim to enhance public health, advance technology, stimulate economic
growth, and promote environmental sustainability. By capitalizing on these opportunities,
societies can adapt to evolving circumstances, strengthen resilience, and ensure a thriving future
for upcoming generations.
The ‘Global 50’ report, published annually by DFF, highlights 50 opportunities for growth and
well-being across diverse sectors. This special edition focuses on areas relevant to the summit’s
theme of empowering future generations.
Contributors to this edition include Dr. Ameena Al-Sumaiti, Associate Professor at Khalifa
University, who explores how AI-powered smart homes could revolutionize urban living by
adapting to human needs. In addition, Lambert Hogenhout, Chief Data and AI Officer at the
United Nations Secretariat, reflects on the concept of ‘Public AI’, posing the question, “What if
part of AI was a public good?”

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Emirates

Abaya Rally Celebrates Emirati Women’s Day and Women’s Empowerment in Partnership with AWR ZEEKR

The fourth edition of the Abaya Rally lit up the Dubai Autodrome on August 24, 2024, as over 200 women came together to celebrate Emirati Women’s Day with a powerful display of unity and empowerment. Organized by Orbit Events, this all-women drive showcased the strength and resilience of
women from various nationalities, all proudly driving in their Abayas. This year’s rally stood out for its sense of community and collective strength. The Club Circuit buzzed with the energy of determined women, each making their mark on the track. Adding to the thrill was a newly introduced drift passenger experience, providing an adrenaline-filled adventure that perfectly complemented the rally’s empowering atmosphere. The rally, which highlighted the participants’ commitment to progress and a sustainable future, featured an impressive range of vehicles, from sleek supercars and sports cars to 4x4s
and superbikes. The event was more than just a drive; it was a powerful statement of empowerment, as women proudly displayed their skills and commitment to shattering barriers. ZEEKR X, the premium electric compact SUV, took the spotlight as the flagship vehicle of the Abaya Rally, dedicated to celebrating and empowering women. As the official EV automotive brand of the event, ZEEKR—a global leader in premium electric vehicles, distributed by AW Rostamani Group (AWR)—epitomizes the spirit of innovation and advancement. The all-women drive was flagged off with ZEEKR X and ZEEKR 001,
pushing forward the brand’s commitment to style and sophistication, and showcasing its position as a leader in the EV segment. Roberto Colucci, Director of ZEEKR at AW Rostamani Group, commented: “We were thrilled to be a part of the Abaya Rally, which served as a testament to and celebration of the
diverse talent, creativity, and aspirations of Emirati women. From fashion to exploration and
innovation, the event showcased their boundless potential, aligning perfectly with ZEEKR
and AWR’s mission to drive progress and inclusivity. We were particularly proud to see
Eman Al Bastaki recognized for her exceptional leadership in Emiratization and her
dedication to empowering Emirati women in the automotive industry. By continuing to
support initiatives like these, we are building a future where local talent plays a pivotal role in
shaping the nation’s progress.”
Cannon Wang, Managing Director of ZEEKR MENA Region, remarked: "Being part of the
Abaya Rally was an honor for us as this event beautifully mirrored our values at ZEEKR —
innovation, empowerment, and a forward-thinking approach. This rally was not just a
celebration of motoring but a powerful statement of the strength, creativity, and
determination of women in the UAE. At ZEEKR, we are committed to driving progress and
providing platforms that empower individuals to showcase their unique identities. The Abaya
Rally was a perfect embodiment of this commitment, and we were pleased to be part of an
initiative that is paving the way for a more inclusive and sustainable future.”

The event celebrated Emirati Women’s Day, honoring Sheikha Fatima bint Mubarak’s vision.
It featured an elite panel of accomplished Emirati women: Maitha Alblooshi, Founder of Be
You and Agile Coach; Abeer Matrooshi, Professional Coach and Radio Presenter; Alanoud
Alhashmi, Emirati Businesswoman and Consultant; and Eman Ahmed Al Bastaki, HRBP and
Group Head of Emiratisation at AWRostamani Group. The event also recognized Emirati
Women of Achievement: Ayatelrahman Al Sharawy, Narcotics Expert with Dubai Women’s
Police, and Safa Almahri, the first Emirati woman with licenses in all seven driving
categories.
“It’s an incredible privilege to celebrate and honor the achievements of Emirati women at the
Abaya Rally and Emirati Women’s Day. This event is more than just a drive; it’s a testament
to our collective strength and a beacon for future generations. Let’s continue to break barriers
and inspire each other to reach new heights.”
—Panelist, Abeer Al Matrooshi, Professional Coach and Radio Presenter
“Empowering women is about creating opportunities and leading with courage. Together,
we’re shaping a future where every woman can achieve her dreams and make a lasting
impact.” — Panelist, Alanoud Alhashmi, Emirati Businesswoman, Futurist and Consultant
The event spotlighted a distinguished panel of automotive trailblazers, including Eman Thani,
a renowned professional biker; Nahla Al Rostamani, the pioneering Emirati woman to hold a
racing license; Nora Al Jassasi, an Emirati female rally driver; and Syeda Aisha Atif, a
mechanical engineer. Honorees included Fouzia Zahoor, the youngest woman to earn a heavy
vehicle license in the UAE and a celebrated truck driver, and Rana Hayek, an accomplished
engineer, mechanic, and influencer.
The rally also showcased a modest fashion segment, highlighting the Abaya's identity as a
symbol of strength and modern elegance. This segment beautifully blended traditional
craftsmanship with contemporary designs, celebrating cultural identity with a touch of luxury
and sophistication.
The event was in Partnership with ZEEKR and AW Rostamani Group and powered by
Castrol Edge, featuring Gold sponsors Al Ain Farms, Al Haramain Perfumes, Amaron,
Awrostamani Trading, and Silver sponsor Travel Wings. Support partners included
Champion Digital, Florist Partner FNP.ae, Hydration Partner Jeema, SoCL, Royal Sea Ent. ,
Girls Mechanic Team
The Abaya Rally concluded with a powerful celebration of the strength and achievements of
women in the UAE, uniting participants from all walks of life and showcasing their capacity
to drive change. The event highlighted the vital role women play in society, marking a
historic moment of empowerment and unity.

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Emirates

Awqaf Abu Dhabi adopts strategic mechanisms to develop endowment management and enhance community participation.

 Awqaf Abu Dhabi to launch a digital platform for the management of endowments and
provision of services, as well as focus on training programs for youth to encourage their
participation
 Awqaf Abu Dhabi is led by the vision to be the leading organization in the management
and development of endowments and minors’ funds, ensuring sustainable development
and socio-economic prosperity
 Setting a model in endowment management, Awqaf Abu Dhabi operates through the
circular economy model to grow endowments from ‘sustainable’ to ‘super-efficient’

Established under the leadership and guidance of His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, and operating under the Executive Council of the Emirate of Abu Dhabi, Awqaf Abu Dhabi is mandated with regulating, preserving and developing endowed assets, ensuring the distribution of profits, and creating sustainable value. Among the key initiatives by Awqaf Abu Dhabi is the upcoming launch of a comprehensive digital platform for the management of endowments and provision of services, as well as focusing on training programs for youth to encourage their participation in endowment management. The entity is also strengthening partnerships with universities and research
centers to support innovation in endowment management. To mobilise community participation and strengthen awareness and engagement, Awqaf Abu Dhabi has launched its new social media channels. The public can stay updated with the latest initiatives, announcements and other activities related to the organisation via Instagram (@adawqaf), Facebook (@adawqaf) and X (@adawqaf).
Setting a new model in endowment management, Awqaf Abu Dhabi operates through the
circular economy model with consistent returns on investment to ensure continued influx of
finances enabling it to operate in a sustainable manner and taking the concept of circular
economy to new heights. Each endowment covers its operational costs and generates revenue
to invest in other opportunities and have a positive impact on the society.
With the circular economy principle, Awqaf Abu Dhabi ensures that all endowments contribute
beyond the standard format. The adoption of this unique process allows the entity to grow the
endowments from sustainable to “super-efficient” investments that deliver perpetual returns
which in turn are used as per the Awqaf Abu Dhabi mandates. Other initiatives include
digitization of endowment records to facilitate data management and improve work efficiency,
launching endowment initiatives to maximize returns and diversify sources of income
These approaches reflect the global trends where there is an increased focus by investors with
a global study reporting that 65 percent of investors are diversifying away from traditional asset
classes over the next three years, with a focus on socially responsible investments. According
to the International Journal of Islamic Studies, waqf investment funds play a significant role in the
development of societies by catalyzing economic empowerment programs and project financing,
and highlights the perpetuation of endowment benefits, due to their permanence in supporting
and developing society.

HE Fahad Abdul Qader Al Qassim, Director General of Awqaf Abu Dhabi, said: “Since our
inception under the new identity of Awqaf Abu Dhabi, we have been focused on strengthening
the participation of the wider community in endowments and inspiring the community to partner
in a noble cause that has long-term benefits for all sections of the society. The spirit of waqf is
deeply ingrained in our culture and we are committed to maximising Waqf investments and
returns for the collective welfare of society.”
He also added: “We are transforming our services to be aligned with the aspirations of the
community, and to be in tune with the fast-changing trends. Accordingly, we are strengthening
our technological infrastructure to enhance operational efficiency and strengthening cooperation
with the private sector to develop innovative endowment projects. We believe it is part of the
social commitment and moral responsibility of all community members to be actively engaged in
endowment projects for the long-term prosperity and progress of all sections of the society.”
Offering expert advice on setting up new Waqf endowments, including legal and financial
structuring in compliance with local and international legislation, Awqaf Abu Dhabi also
oversees the assets included in Waqf. Committed to contributing positively to the well-being of
the society, the strategies and operations of Awqaf Abu Dhabi are aligned with the vision of the
nation and its leadership.
Awqaf Abu Dhabi also aims to strengthen cooperation agreements with governmental, private,
and civil community organizations, and to establish advisory councils with representatives from
different entities to support decision-making.
With an extensive portfolio of assets under management, including a robust portfolio of income
generating assets, Awqaf Abu Dhabi follow the highest standards in wealth management
practices and also develop programmes aimed at empowering the beneficiaries of the Waqf
through educational scholarships, healthcare services, and social welfare initiatives, among
others. Community members can contact Awqaf Abu Dhabi for more details on endowment
projects and investment opportunities.
Among notable recent partnerships, Awqaf Abu Dhabi and the Department of Health – Abu
Dhabi (DoH) launched a Dh1 billion healthcare endowment fund over five years to further
advance endowment work towards specialised healthcare needs of the community. The aim of
the endowment is to meet specialised healthcare needs in Abu Dhabi, and to provide
sustainable financing to create a positive social impact in the field of healthcare.

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