US students at Dubai Chamber to learn about the Changing Role of the UAE in Globalisation

Published February 24th, 2008 - 01:29 GMT

HH Sheikh Nahayan bin Mubarak Al Nahayan, UAE Minister for Higher Education and Scientific Research, delivered the keynote address at the opening of a week-long programme entitled “The Changing Role of the UAE in Globalization,” organised by Dubai Chamber of Commerce & Industry in cooperation with Georgetown University Washington DC yesterday (Sunday) at the Chamber premises.

Besides HE Eng Hamad Buamim, Director General of Dubai Chamber, the event was attended by representatives from several foreign business councils, Dubai Chamber members, Georgetown students and alumni, and project leaders from the client companies for the consulting projects.

Held under the patronage of HH Sheikh Nahayan for the second year running, the programme is part of the Dubai Residency course operated by Georgetown University for 55 of its MBA students and comes under the business school’s core curriculum that consists of a taught module on campus in Washington DC, Shanghai and Johannesburg followed by the week-long programme in Dubai.

Said HH Sheikh Nahayan, “It’s only appropriate that Georgetown University has chosen UAE as the host country for their study abroad as the growing role of our country in global business demonstrates the ability of outstanding and enlightened leadership that places a very high priority on developing leadership qualities in all our citizens.”

Added HH Sheikh Nahayan, “As students of business you will find many aspects of the UAE and its economic progress interesting as the country has



made better use of its vast resource wealth in serving the interests of its citizens. We have fostered an open economy, emphasizing transparency, innovation and entrepreneurship as we are committed to participation in global progress and have close trade and economic relationships with all countries of the world.”

HH Sheikh Nahayan emphasized on the importance of the country’s educational system that focuses on values as he said, “It’s essential that our students understand their place in the world and the culture and religion that form the basis of their identity. What makes all this relevant to your visit is that good graduate education is dedicated to the importance of leadership as you know that true leaders are predominantly change makers. They recognise and seek opportunities to initiate change and are able to mobilise resources to bring about change. The need of the hour is to develop the skills needed to break through barriers and build relationships across borders,” he said.

The centerpiece of the course is the consulting projects that 5-person teams of the MBA students conduct with companies operating in the UAE.  This year the collaborating companies included local enterprises such as Arabtec, Emirates-NBD Bank, Nakheel, and RAK Ceramics, and foreign multinationals such as 3M, EFG-Hermes, FedEx, General Electric, and Nissan.

The purpose of the course is to educate MBA students in international business practices and improve their understanding of different cultures and economic systems. The Dubai location was selected because of the high degree of interest shown in the region by graduate business students and because of the need to understand the remarkable pace and pattern of economic growth that is occurring in the UAE and the Gulf Region.



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