President Sheikh Mohamed meets Akinwumi Adesina, President of the African Development Bank Group, in Abu Dhabi. Photo: UAE Presidential Court
President Sheikh Mohamed meets Akinwumi Adesina, President of the African Development Bank Group, in Abu Dhabi. Photo: UAE Presidential Court

President Sheikh Mohamed meets head of African Development Bank Group



President Sheikh Mohamed held talks on Tuesday with Akinwumi Adesina, president of the African Development Bank Group (ADBG).

The two men reviewed efforts to bolster co-operation between the Emirates and the financial organisation during the meeting at Qasr Al Bahr in Abu Dhabi.

Sheikh Mohamed emphasised the UAE's commitment to deepening its economic and investment ties with Africa, with the aim of boosting mutual growth and prosperity, state news agency Wam reported.

Mr Adesina expressed his appreciation to Sheikh Mohamed for the UAE's continued work to advance development across Africa. He also highlighted the partnerships between the ADBG and UAE institutions.

The meeting was attended by several ministers and senior Emirati officials, including Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, Sheikh Saif bin Zayed, Deputy Prime Minister and Minister of the Interior, and Sheikh Nahyan bin Mubarak, Minister of Tolerance and Co-Existence.

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THREE
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The%20Specs
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Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
Company%20Profile
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The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

COMPANY%20PROFILE
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The specs: 2018 Peugeot 5008

Price, base / as tested: Dh99,900 / Dh134,900

Engine: 1.6-litre turbocharged four-cylinder

Transmission: Six-speed automatic

Power: 165hp @ 6,000rpm

Torque: 240Nm @ 1,400rpm

Fuel economy, combined: 5.8L / 100km

Updated: September 04, 2024, 5:17 AM