Culture Summit Abu Dhabi to return in October


Saeed Saeed
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The Culture Summit Abu Dhabi, an annual event bringing together leaders from the fields of art, heritage, museums, media and technology, will now take place from October 23 to 25.

The news comes after the annual gathering was postponed following the death of Sheikh Khalifa, the UAE’s second president, who died on May 13.

The new dates for the event were announced by the Department of Culture and Tourism — Abu Dhabi during Monday's launch of a joint study with Unesco, about Covid-19's impact on the global cultural sector.

Details of the venue and the line-up of speakers will be announced soon.

Organised by DCT Abu Dhabi, the fifth Culture Summit Abu Dhabi was set to run under the theme A Living Culture, with keynote speeches and panel discussions examining culture's role in a post-Covid-19 world.

Comedian and The Daily Show host Trevor Noah was one of the guest speakers scheduled for the programme.

Other guests who were scheduled to appear included Malawi's first female president Joyce Banda; renowned architect Frank Gehry; Noura Al Kaabi, the UAE's Minister of Culture and Youth; and DCT Abu Dhabi chairman Mohamed Khalifa Al Mubarak.

Unesco assistant director general for culture Ernesto Ottone, left, and DCT Abu Dhabi chairman Mohamed Khalifa Al Mubarak at the launch of the 'Culture in Times of Covid 19: Resilience, Recovery and Revival' report in Abu Dhabi. Chris Whiteoak / The National
Unesco assistant director general for culture Ernesto Ottone, left, and DCT Abu Dhabi chairman Mohamed Khalifa Al Mubarak at the launch of the 'Culture in Times of Covid 19: Resilience, Recovery and Revival' report in Abu Dhabi. Chris Whiteoak / The National

While the new programme will be revealed soon, Mubarak confirmed the aforementioned report, titled Culture in Times of Covid-19: Resilience, Recovery and Revival, will feature at the summit.

The extensive study highlighted how the pandemic cost the global creative economy up to 40 per cent in lost revenue and more than 10 million jobs in 2020 alone.

The report calls for a holistic approach when it comes to cultural policy-making in the wake of the pandemic and as a safeguard against future challenges.

"It is almost like our blueprint to make sure that whatever comes our way in the future, whether economic crises, recessions and pandemics, we are ready for them," Mubarak said.

"We want to make sure we have all the policies and tools to basically deter any difficulties we would face together.”

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Sharad Nair recommends three investment apps for UAE residents:

  • For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

NBA Finals results

Game 1: Warriors 124, Cavaliers 114
Game 2: Warriors 122, Cavaliers 103
Game 3: Cavaliers 102, Warriors 110
Game 4: In Cleveland, Sunday (Monday morning UAE)

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Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

Updated: October 17, 2022, 5:09 AM