DED honours 9 DERA winners
Nine winners of the Dubai Economic Research Award (DERA) were honoured yesterday for their excellent research works on new development strategies that will further spur economic growth in Dubai, said the Department of Economic Development (DED), which created the award.
"The path-breaking efforts of the DERA winners in compiling useful researches will further support the economic development of Dubai and the UAE," said Khalid Al Kassim, deputy-director for planning and development, DED, in a Press statement.
UAE Minister of Economy Saeed Al Mansouri presented the awards under the patronage of Shaikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance.
Al Kassim stressed that some of these researches will be relevant while the others would be used as "theoretical backdrops for identifying and strengthening new development initiatives."
Abdulaziz Istaitieh, of the Executive Council, was awarded the top prize of Dh100,000 in the Professionals category for his research entitled "What would FTA [Free Trade Agreement] with Japan bring to the UAE?"
Yahya Ahmed Al Sharji, from the Ruler's Court, Dubai, won the second prize of Dh80,000 for his paper, "The role of small- and medium-sized enterprise owner/manager in adopting information and communication technology in the UAE."
The third prize went to Irfan Al Hassani, of Dubai Economic Council, for his paper entitled "Public-private partnership policies and their applicability to Dubai." Al Hassani won Dh60,000.
In the Faculty Members category, Dr Dwayne A Banks, from the American University of Dubai won first prize for his research, "Enterprise zones, government subsidies and hospital entry: The case of the Dubai Healthcare City."
Dr Masood Abdulla Badri, from the UAE University, won the second prize for his paper, "Developing and testing the UAE model of community support for tourism" while Dr Nico Vellinga, from Zayed University, won third prize for research work entitled "Free trade and taxation: A multi-sector dynamic CGE model for the United Arab Emirates."
The three winners were also given Dh100,000, Dh80,000 and Dh60,000 in prize money, respectively.
Winners in the Students category were awarded Dh30,000 (first prize), Dh20,000 (second prize) and Dh15,000 (third prize). All winners are students of Zayed University.
The top prize went to Fatima Ahmed and Balqees Ahmed for their paper, "To peg or not to peg: Should the UAE dirham be fixed to the US dollar or not?" while Asma Yousuf, Eman Walid and Hanan Mansoor won the second prize for their research work entitled "The reporting of financial data in the United Arab Emirates."
The third prize went to Hessa Hassan, Huda Al Saadi and Maryam Al Falasi, whose research work is entitled "An assessment of herd behaviour in the UAE equity markets."
Established in December 2004, DERA is tasked to promote scientific research within the UAE by recognising original research related to the country's economic development. All UAE-resident researchers and students, including nationals and expatriates, are eligible for the award. "We express our gratitude to all the participants whose works have added value to applied economic research," Al Kassim said. "We believe that the award will enrich both the public and private sectors, and provide recommendations that further support the ambitious strategic plan unveiled by our visionary rulers."
"The path-breaking efforts of the DERA winners in compiling useful researches will further support the economic development of Dubai and the UAE," said Khalid Al Kassim, deputy-director for planning and development, DED, in a Press statement.
UAE Minister of Economy Saeed Al Mansouri presented the awards under the patronage of Shaikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance.
Al Kassim stressed that some of these researches will be relevant while the others would be used as "theoretical backdrops for identifying and strengthening new development initiatives."
Abdulaziz Istaitieh, of the Executive Council, was awarded the top prize of Dh100,000 in the Professionals category for his research entitled "What would FTA [Free Trade Agreement] with Japan bring to the UAE?"
Yahya Ahmed Al Sharji, from the Ruler's Court, Dubai, won the second prize of Dh80,000 for his paper, "The role of small- and medium-sized enterprise owner/manager in adopting information and communication technology in the UAE."
The third prize went to Irfan Al Hassani, of Dubai Economic Council, for his paper entitled "Public-private partnership policies and their applicability to Dubai." Al Hassani won Dh60,000.
In the Faculty Members category, Dr Dwayne A Banks, from the American University of Dubai won first prize for his research, "Enterprise zones, government subsidies and hospital entry: The case of the Dubai Healthcare City."
Dr Masood Abdulla Badri, from the UAE University, won the second prize for his paper, "Developing and testing the UAE model of community support for tourism" while Dr Nico Vellinga, from Zayed University, won third prize for research work entitled "Free trade and taxation: A multi-sector dynamic CGE model for the United Arab Emirates."
The three winners were also given Dh100,000, Dh80,000 and Dh60,000 in prize money, respectively.
Winners in the Students category were awarded Dh30,000 (first prize), Dh20,000 (second prize) and Dh15,000 (third prize). All winners are students of Zayed University.
The top prize went to Fatima Ahmed and Balqees Ahmed for their paper, "To peg or not to peg: Should the UAE dirham be fixed to the US dollar or not?" while Asma Yousuf, Eman Walid and Hanan Mansoor won the second prize for their research work entitled "The reporting of financial data in the United Arab Emirates."
The third prize went to Hessa Hassan, Huda Al Saadi and Maryam Al Falasi, whose research work is entitled "An assessment of herd behaviour in the UAE equity markets."
Established in December 2004, DERA is tasked to promote scientific research within the UAE by recognising original research related to the country's economic development. All UAE-resident researchers and students, including nationals and expatriates, are eligible for the award. "We express our gratitude to all the participants whose works have added value to applied economic research," Al Kassim said. "We believe that the award will enrich both the public and private sectors, and provide recommendations that further support the ambitious strategic plan unveiled by our visionary rulers."
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