SOCIAL DEVELOPMENT - UAE Interact

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244 U N I T E D A R A B E M I R AT E S Y E A R B O O K 2 0 0 8On completion DIAC will be able to accommodate 20 to 30universities and house between 30,000 and 40,000 students andwill be designed to provide a quality of student life and servicesthat is international, culturally diverse and dynamic.The objective of thePetroleum Institute isto provide the UAE andits oil and gas industrywith engineerseducated and trainedto the higheststandards.OTHER INSTITUTIONSIn addition to the higher level institutions outlined above, theUAE also has several vocational and technical educational centresfor those seeking practical career training. These include theEmirates Institute for Banking and Finance, the Dubai School ofGovernment, Etisalat’s colleges and university, Etihad’s trainingcentre, The Emirates Aviation College for Aerospace and AcademicStudies and the Petroleum Institute (PI).The PI, which admitted its first class in 2001, is financed andgoverned by Abu Dhabi National Oil Company (ADNOC) and itsinternational partners. The objective is to provide the UAE andits oil and gas industry with engineers educated and trained tothe highest standards. The first group of female students wasenrolled in 2006. Currently, there are nearly 850 undergraduatestudents (748 men and 96 women) studying at the PI but it willultimately cater to more than 2500 students, of whom some 750will be female.June 2006 was a major milestone with PI’s first 44 graduatesemerging from the engineering programmes and commencingcareers within the ADNOC group of companies. The 2006/07academic year also saw the launch of the first postgraduateprogrammes and the PI plans to offer a complete suite of Masterof Science, Master of Engineering, and Doctor of Philosophy (PhD)degrees in the near future. As indicated above, the Colorado Schoolof Mines is providing academic guidance and support to the PI, andis assisting in the process of achieving international accreditation.EMIRATES FOUNDATIONOfficially launched in 2005, the Emirates Foundation is anindependent corporate body headquartered in Abu Dhabi.Continuing the late Sheikh Zayed’s legacy, the foundation ismandated to foster a philanthropic culture of public-private
S O C I A L D E V E L O P M E N T245partnership by fundraising and managing donations to developand support community activities in the following areas: Education,Arts and Culture, Research and Development, and Social andEnvironmental Development. Corporations such as Mubadala havebeen closely involved in the creation of the foundation, whoseBoard of Directors includes a range of senior leaders from theUAE. A dedicated Endowment Fund will ensure the financialviability of the foundation.In September 2007, the government of Abu Dhabi announcedthat it had earmarked Dh300 million to support the philanthropicactivities of the foundation. The government’s grant is equal tothe total amount received by the foundation from corporatedonors. The government also indicated that it would pay for thefoundation’s expenses to enable it to finance its programmes.KNOWLEDGE FUNDRecognising that education is the key to an Arab renaissance,HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President,Prime Minister and Ruler of Dubai has created the UAE-basedU$10 billion Mohammed Bin Rashid Al Maktoum Foundation tohelp build a knowledge-based society throughout the region.The fund, which will be run as an investment trust, will financeeducational initiatives and support government projects throughscholarships, scientific research, development of teaching staffcapabilities and improvement of educational infrastructure.The foundation's programmes are also aimed at enhancing thestanding of scholars and intellectuals in the Arab world.WOMENThe full participation of women in social and economic life isconsidered to be essential for the future of the country. Asoutlined in the UAE’s address to the fifty-first session of the UNCommission on the Status of Women, great strides have been madein the empowerment of UAE women since the establishment ofthe state. From very rudimentary beginnings, when educationalopportunities were minimal, the percentage of girls enrolled inA student at The EmiratesAviation College forAerospace and AcademicStudies.Initiatives by theKnowledge Fundinclude: the ArabResearch Network, theArab KnowledgeReport, the SchoolTeachers’ network,Online Programme forWomen, Sponsorshipsin Universities, RefugeeLoan Programme andthe Arab DatabaseProgramme.@www.uaeinteract.com/women
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