Government of Dubai Media Office – In his capacity as Ruler of Dubai, Vice President and Prime Minster of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued Law No. (2) on the Mohammed Bin Rashid Al Maktoum Knowledge Foundation and Law No. (1) appointing His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum as Chairman of the Foundation.
The provisions of the new law shall be attached to the ‘Mohammed Bin Rashid Al Maktoum Global Initiatives’ established under Law No. (33) of 2015.
Pursuant to the new law, the name ‘Mohammed Bin Rashid Al Maktoum Knowledge Foundation’ will replace ‘Mohammed Bin Rashid Al Maktoum Foundation’ as the official name of the organisation, wherever it appears in any applicable legislation in the Emirate of Dubai.
Meanwhile, Dubai Crown Prince and Chairman of Dubai Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum issued Executive Resolution No. (11) of 2017 appointing Jamal bin Huwaireb as the Managing Director of the ‘Mohammed Bin Rashid Al Maktoum Knowledge Foundation’.
The new law facilitates the organisation’s aim to improve scientific research and provide a strong impetus for writing, publishing and translation, in addition to encouraging Arab and Islamic intellectual endeavours.
The new law outlines the functions and powers of the Mohammed Bin Rashid Al Maktoum Knowledge Foundation, which include: designing, managing, building and maintaining a high-quality knowledge base, providing scholarships and human development programmes, developing the skills of future leaders, as well as launching specialised programmes and providing funding for these activities.
The Foundation will be tasked with supporting public policies, scientific research and specialised reports; establishing companies, institutions and foundations whose work is related to the Foundation’s field of work; sponsoring local and international awards in the field of literature and science; organising or participating in exhibitions, conferences, symposiums and workshops in this regard; publishing periodicals related to the work of the Foundation as well as supporting writings, publications and translations and promoting a culture of reading.
The new law outlines the organisational structure of the Foundation and also appoints its consultative council members.
Law No. (2) of 2017 will replace Law No. (5) of 2008 pertaining to the establishment of Mohammed Bin Rashid Al Maktoum Foundation. The new Law annuls any other legislation that challenges or contradicts its provisions. The new law will be effective from the date of its issuance and will be published in the Official Gazette.
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© Press Release 2017
