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تقرير

His Highness Sheikh Mohammed bin

Rashid Al Maktoum, UAE Vice –President

and Prime Minister and Ruler of Dubai, is-

sued law no. 19 of 2015, officially setting

up Museum of the Future. Law Number 19

of 2015 aims to boost the state’s innovation

environment to keep pace with the require-

ments of the new generation to build smart

cities.

Sheikh Mohammed also issued decree no.

27, appointing Sheikh Hamdan bin Mo-

hammed bin Rashid Al Maktoum, Crown

Prince of Dubai and Chairman of Dubai

Executive Council, as Chairman of the

Board of Trustees of the museum.

His Highness further issued law no. 20 of

2015 on levying fee of 10 Dirhams, called

the “Innovation Dirham” fee in addition to

the “Knowledge Dirham” for transaction

carried at any public department. The “In-

novation Dirham” fee collected shall be al-

located to support the Museum of the Fu-

ture and its projects as per a decision from

the Chairman of the Board of Trustees of

the museum of future.

The Law of the Museum of the Future also

establishes a research endowment named

‘Dubai Foundation for the Museum of Fu-

ture’, dedicated to overseeing the museum.

It enjoys corporate body status, financial

and administrative autonomy and neces-

sary legal capacity to carry out its duties.

The objectives of the establishment in ac-

cordance with the law include enhancing

the country’s status to adopt ideas, initia-

tives, and innovative inventions, contribute

to building a knowledge-based economy,

forward thinking and creating a platform

that resembles an incubator for ideas and

innovation that supports the development

of a stimulating environment for innova-

tion and constitutes a source of inspiration

for innovators and inventors and pioneers

from around the world.

In addition, the objectives also include

long-term development solutions for the

challenges facing future cities and promot-

ing community awareness of the impor-

tance of innovation to stimulate inventions

and innovations at local, regional and inter-

national levels.

The establishment will also be responsible

for the construction and oper-

ation of the museum building and associat-

ed facilities, and promote it locally, region-

ally and internationally and the creation of

research centers focused on sciences and

sectors of the future, and attract research-

ers, inventors, research centers, leading

scientific institutions and major companies

in the world. The museum aims to be the

world’s best innovation hub and the larg-

est platform to develop technological solu-

tions to challenges in the education, health,

smart cities, transport and energy fields.

The establishment also manages the de-

sign and presentation of inventions and

designs, unique and innovative exhibitions,

conferences, training courses and work-

shops, counselling, encouragement and

issuing research, studies and publications

and specialized periodicals and invests in

future inventions for goods and services

and promotes them.

The functions of the Dubai Foundation for

the Museum of Future will include the es-

tablishment of research centers to explore

the next generation of science and technol-

ogy and building the capacity of research-

ers and innovators from around the world

in cooperation with the best educational in-

stitutions and specialized research centers

in the world and also the launch of awards

and incentive programmes for future inven-

tions and innovations. It will contribute in

the creation of institutions and companies,

as well as companies and projects related

to the objectives of the museums and con-

cluding relevant partnerships, agreements

and MoUs.

The Foundation comprises two organiza-

tional levels: the Board of Trustees and Ex-

ecutive Apparatus. The Board of Trustees

comprises the Chairman, Deputy Chair-

man and a number of competent and ex-

perienced members, who are appointed on

a three-year basis that can be extended.

The Board of Trustees is responsible for

overseeing the Foundation and ensur-

ing it carries out its duties stipulated by the

law. Duties include approval of the general

policy, and strategic and operational plans,

monitoring their implementation, approv-

ing annual budget and closing accounts, as

well as projects, programmes and initiatives.

Other duties include proposing regulations,

approving partnership projects, forming

committees and permanent and temporary

action groups, and approving the annual re-

port and forwarding it to the Ruler.

Sheikh Mohammed also issued a decree

appointing the Board of Trustees to be

chaired by Dubai Crown Prince and Chair-

man of Dubai Executive Council His High-

ness Sheikh Hamdan bin Mohammed

bin Rashid Al Maktoum. The decree also

namedMohammedAbdullahAl Gargawi as

Deputy Chairman. Members of the Board

of Trustees are MohammedAbdul Rahman

Al Owais, Hussain Ibrahim Al Hammadi,

Uhood Khalfan Al Roumi, Ahmed Abdullah

bin Bayat, Hussain Nasser Lootah, Major

General Khamis Matar bin Mazina, Matar

Mohammed Al Tayer, Saeed Mohammed

Al Tayer, Abdullah Ahmed Al Habbai, Adel

Ahmed Jawad Al Reda and Mona Faisal Al

Gurg.

7

August

2015