Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, said on Saturday the emirate will double its efforts to make Expo 2020 Dubai a success.
He said he was confident in the preparations for the world fair, at a meeting with officials of the Supreme Committee for Crisis and Disaster Management.
“We expect the work teams to double their efforts to raise our readiness to host a distinguished Expo 2020 Dubai,” Sheikh Hamdan said.
“I am confident that everyone will be able to carry out this task to the fullest extent. We have the means, knowledge and highly qualified crews necessary to achieve the goal.”
Sheikh Hamdan was briefed on the efforts being made at local and federal levels to ensure the health and safety of Expo 2020 Dubai staff and visitors ahead of the event.
He was also updated on the vaccination campaign launched by the Dubai Health Authority.
The emirate announced free vaccinations for all Expo participants and their staff in April.
While vaccination will be mandatory for the Expo workforce, it is being encouraged, but not enforced, for visitors and tourists.
Expo 2020 Dubai is set to run from October 1 until March 31, 2022.
Muslim Council of Elders condemns terrorism on religious sites
The Muslim Council of Elders has strongly condemned the criminal attacks on religious sites in Britain.
It firmly rejected “acts of terrorism, which constitute a flagrant violation of the sanctity of houses of worship”.
“Attacking places of worship is a form of terrorism and extremism that threatens peace and stability within societies,” it said.
The council also warned against the rise of hate speech, racism, extremism and Islamophobia. It urged the international community to join efforts to promote tolerance and peaceful coexistence.
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
