The student art show, titled "e11even," will run from June 26-June 30 in Atrium Building 5 of the DIFC. The opening of the exhibition will be inaugurated and attended by His Excellency Dr. Omar bin Sulaiman, Governor of the DIFC and Dr. Sulaiman Al Jassim, Vice President of Zayed University and will take place on Monday the 25th of June at 5:30 pm in the Atrium Building 5 of the DIFC. "e11even" is a platform for one of the leading expressions of the artistic talent of the youth of the region this year.
His Excellency Dr. Omar bin Sulaiman, Governor of the DIFC, said: "Just as the DIFC has become a truly international gateway for capital, it is now positioned to become an important global gateway for contemporary art. This mission is not only about facilitating commerce, however; it is also very much about sharing the intangible and lasting value of creativity as expressed through art. The DIFC firmly believes that exhibitions like 'e11even' will make a profound contribution to that ongoing and vital dialogue."
He added: "When the DIFC was set up in 2004, one of its early aims was to establish a significant collection of contemporary art from the region, and create a strategy that would promote Middle Eastern artists internationally. The DIFC supports the development of Dubai as a regional and international centre for the arts, and anticipates the centre becoming the principal centre for art commerce within the Middle East and Asia - and an important global gateway for contemporary art."
As part of its strategy to create a world-class financial centre, the centre is moving forward with the expansion of the DIFC District, which was specifically designed to publicly display works of art. The vast green spaces of the DIFC District will also prominently feature fine art and installations. The DIFC's corporate collection is likewise expanding, and will be publicly displayed in existing and new areas of the DIFC District.
Dr. Sulaiman Al Jassim, Vice President of Zayed University, said: "The University is highly interested in supporting the cultural and academic activities and their participation in such events which are connected to the academic and cultural programs. We encourage students to submit the ideas and innovations by using the advanced academic techniques they gained during their studies and internship".
Dr. Al Jassim mentioned that the participation of students in different local, regional, and international events enhance their skills and capabilities, prepare them to face life, and embody the learning outcomes they have learned in both Arabic and English languages, IT skills, and problem solving. The capstone projects represent the outcome results and accomplishments of our students and their leadership".
"Zayed University supports all artistic initiatives submitted by students, faculty members and staff. These initiatives that have positive impacts on developed thoughts and ideas, spread artistic awareness among students and embody the concepts of academic environment with all its academic and cultural components, that enrich the emotions and thoughts of students who will face practical life and social environment after graduation", he concluded.
Eleven students, who have spent four years at Latifa College, a satellite campus of Zayed University, concentrating within the majors of Visual Art, Graphic and Interior Design, will showcase their Capstone project at the DIFC. The Capstone represents their final work produced at the university, exemplifying their skills and talent as they emerge into the professional world.
The artwork shown ranges from photography, printmaking, furniture design and painting, with many of the pieces emphasising local and regional cultural influences.
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DIFC hosts Latifa College Art Exhibition
- United Arab Emirates: Saturday, June 23 - 2007 at 10:45
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The Dubai International Financial Centre (DIFC) announced that it will host an exhibition of art works by students of Latifa College, which was established in October 2003 under the patronage of Her Highness Sheikha Alia Bint Khalifa Al Maktoum.
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Posted by Lara Lynn Golden, News EditorSaturday, June 23 - 2007 at 10:45 UAE local time (GMT+4)
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Notes and Media Contacts »
Media enquiries:
Amira Abdulla
Dubai International Financial Centre
Tel: +971 4 362 2433
Fax: +971 4 3622236
Shaima Al Zarouni
Dubai International Financial Centre
Tel: +971 4 362 2432
Fax: +971 4 3622236
About the DIFC:
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centers of Hong Kong and London and services a region with the largest untapped emerging market for financial services.
In just under two years, over 400 firms have registered at the DIFC. They operate in an open environment complemented with world-class regulations and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards.
The DIFC is made up of the following core bodies:
1. The DIFC Authority (DIFCA) - Responsible for the Companies and Security Registries and attracting financial as well as non-financial institutions to set up in the DIFC. The DIFC Authority is also responsible for developing the financial services industry. (www.difc.ae)
2. The Dubai Financial Services Authority (DFSA) - An independent, unitary regulatory authority, responsible for the regulation of all DIFC operations. Its principle-based primary legislation is modeled on that used in London and New York and its regulatory regime operates to standards that meet or exceed those in major financial centers. (www.dfsa.ae)
3. The DIFC Courts - An independent court system set up to uphold the provisions of DIFC laws and regulations, the courts provide comprehensive legal redress in civil and commercial matters within the DIFC. The DIFC Courts system is especially designed to deal with all of sophisticated transactions that will be conducted within DIFC. The DIFC Court laws, based on the common law, not only sets out the jurisdiction of the court but also provides for a dispute resolution services, including arbitration and mediation, thus allowing for the independent administration of justice in the DIFC. ( www.difccourts.ae)
DIFC Investments- The creation of DIFC Investments will result in the allocation to it of all non public administration activities previously carried out by DIFC Authority. This will include amongst other things all commercial and other activities such as the operation and management of any current and future subsidiaries, the development of the centre's investment strategy and relevant policies and any other strategic investments or alliances which will further the goals and objectives of the Dubai International Financial Centre and contribute to the fulfillment of the Centre's vision. Some of the companies and organizations that DIFC Investments owns include:
1. The Dubai International Financial Exchange (DIFX) The DIFX is the region's first international financial exchange for equities, bonds, Islamic products, funds, index products and (subject to regulatory approval) derivatives. The target areas of the DIFX for seeking issuers include the Middle East and North Africa, as well as South Africa, Turkey and the Indian sub-continent. The regulator of the DIFX is the Dubai Financial Services Authority. The DIFX is located in the Dubai International Financial Centre (DIFC) and its owner is the DIFC Authority. (www.difx.ae)
2. Hawkamah- the first Institute for Corporate Governance in the region, has been established in partnership with a group of international institutions, including the Dubai International Financial Centre (DIFC), Organisation for Economic Cooperation and Development (OECD), UAE Ministry of Finance and Industry, Centre for International Private Enterprise (CIPE), International Finance Corporation (IFC), the Union of Arab Banks (UAB), Dubai School of Government (DSG), Young Arab Leaders (YAL), and the Institute of Management Development (IMD). (www.hawkamah.org).
Amira Abdulla
Dubai International Financial Centre
Tel: +971 4 362 2433
Fax: +971 4 3622236
Shaima Al Zarouni
Dubai International Financial Centre
Tel: +971 4 362 2432
Fax: +971 4 3622236
About the DIFC:
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centers of Hong Kong and London and services a region with the largest untapped emerging market for financial services.
In just under two years, over 400 firms have registered at the DIFC. They operate in an open environment complemented with world-class regulations and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards.
The DIFC is made up of the following core bodies:
1. The DIFC Authority (DIFCA) - Responsible for the Companies and Security Registries and attracting financial as well as non-financial institutions to set up in the DIFC. The DIFC Authority is also responsible for developing the financial services industry. (www.difc.ae)
2. The Dubai Financial Services Authority (DFSA) - An independent, unitary regulatory authority, responsible for the regulation of all DIFC operations. Its principle-based primary legislation is modeled on that used in London and New York and its regulatory regime operates to standards that meet or exceed those in major financial centers. (www.dfsa.ae)
3. The DIFC Courts - An independent court system set up to uphold the provisions of DIFC laws and regulations, the courts provide comprehensive legal redress in civil and commercial matters within the DIFC. The DIFC Courts system is especially designed to deal with all of sophisticated transactions that will be conducted within DIFC. The DIFC Court laws, based on the common law, not only sets out the jurisdiction of the court but also provides for a dispute resolution services, including arbitration and mediation, thus allowing for the independent administration of justice in the DIFC. ( www.difccourts.ae)
DIFC Investments- The creation of DIFC Investments will result in the allocation to it of all non public administration activities previously carried out by DIFC Authority. This will include amongst other things all commercial and other activities such as the operation and management of any current and future subsidiaries, the development of the centre's investment strategy and relevant policies and any other strategic investments or alliances which will further the goals and objectives of the Dubai International Financial Centre and contribute to the fulfillment of the Centre's vision. Some of the companies and organizations that DIFC Investments owns include:
1. The Dubai International Financial Exchange (DIFX) The DIFX is the region's first international financial exchange for equities, bonds, Islamic products, funds, index products and (subject to regulatory approval) derivatives. The target areas of the DIFX for seeking issuers include the Middle East and North Africa, as well as South Africa, Turkey and the Indian sub-continent. The regulator of the DIFX is the Dubai Financial Services Authority. The DIFX is located in the Dubai International Financial Centre (DIFC) and its owner is the DIFC Authority. (www.difx.ae)
2. Hawkamah- the first Institute for Corporate Governance in the region, has been established in partnership with a group of international institutions, including the Dubai International Financial Centre (DIFC), Organisation for Economic Cooperation and Development (OECD), UAE Ministry of Finance and Industry, Centre for International Private Enterprise (CIPE), International Finance Corporation (IFC), the Union of Arab Banks (UAB), Dubai School of Government (DSG), Young Arab Leaders (YAL), and the Institute of Management Development (IMD). (www.hawkamah.org).
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