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Saturday, November 28 - 2009

DED selects 15-member team of assessors to evaluate DERA submissions

  • United Arab Emirates: Sunday, December 30 - 2007 at 12:33
  • PRESS RELEASE

The Department of Economic Development (DED) has selected a team of 15 assessors to evaluate the submissions received for the Dubai Economic Research Award (DERA).

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The team comprises renowned professionals representing the academic, public and private sectors.

The panel will announce the results of the evaluation and the winners in the three categories of DERA - Professional Category, Faculty members Category and Students Category - early next year.

Dr. Eesa Bastaki, Award Counsellor and Director of Education and Technology at Dubai Silicon Oasis, said:

"We were keen in our selection of the team of assessors to include experts from the academic, public and private sectors to ensure that all stakeholders of the UAE economy are adequately represented. This was important to ensure professional evaluation of the submitted research reports."


The submissions, to be judged on the basis of strict criteria, must have the potential to create a significant economic impact in the UAE in one or more areas. Submissions will be judged on their creativity and innovation, and to the extent to which they address the issues in the fields of economic and business development in the UAE.

Appropriate research design and methodology, valuable and relevant policy advice to government and well-developed methods for evaluating the impact on the U.A.E economy will also be taken into consideration while assessing the submission.

Dr. Magd El-Din Mohamed, Economic Development Advisor at the DED and member of DERA team, said: "DED regards DERA as a key tool that evaluates the economy of the emirate through recommendations, suggestions and in-depth study of promising sectors in the UAE economy. We believe that the Award would enrich both public and private sectors and provide recommendations that further support the Dubai Strategic Plan".

The award covers 10 economic sectors: tourism, oil & gas, health, education, communications & IT, finance & banking, industry, trade, real estate & construction, and transport & storage. The DERA competition is open to UAE nationals and other researchers residing in the UAE at the time of submission.

DED has joined hands with several leading companies and institutions to streamline the award process. The partners of the second cycle include Zayed University, which has been associated with DERA since the first cycle, Jebel Ali Free Zone Authority, Dubai Investments Company, Dubai Financial Market, Dubai World Trade Centre and Dubai Cable Company (DUCAB).
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Log in to request more information from Dubai DED

Notes and media contacts

About Department of Economic Development (DED):

The Department of Economic Development (DED) was established in March 1992, with the objective to organise, regulate and boost trade and industry within the Emirate of Dubai. The DED has moulded its mission of building a futuristic establishment, in accordance with the vision of the Government of Dubai and in the light of globalisation and the requirements of a digital economy. One of its key functions is to encourage local and foreign investments in commercial and industrial projects, and create the appropriate environment for investors.

The DED's other functions comprise a wide range of regulatory activities including the preparation and maintenance of a commercial register and the supervision of all organisations. The DED is responsible for regulating the affairs of commercial agents and brokers and commercial advertising offices, in addition to overseeing and controlling the insurance industry in the Emirate. Examining the participation of the government in the private sector and representing the government in companies where it has a stake, also comes under the purview of the DED.

For further information, please contact:

Nedal Alasaad/Nafisa Marzouki
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
P O Box 28063, Dubai, UAE
Tel: (971 4) 3344550

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