President Sheikh Mohamed has praised the contribution of the UAE's younger generation, saying they continue to inspire others with their success.
In a tweet on Friday to mark International Youth Day, Sheikh Mohamed said the UAE would continue to empower and trust them to lead the country into the future.
"The youth of the UAE inspire us more each day through their continued success in all fields," he said.
"On International Youth Day, we reaffirm our commitment to empowering the young women and men of the UAE and place our trust in them to work hard and to lead our country into the future."
The younger generation has been a core part of the UAE's leadership's vision for the future.
Last month, Sheikh Mohamed met Emirati students and doctors in France on the second day of his state visit to the country, describing them as ambassadors of the nation.
He urged them to strive to achieve academic excellence, which he said would enable them to contribute to the UAE's growth.
UAE's biggest success
In a video posted on social media to mark International Youth Day, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, described the UAE's young people as its “hope and treasure” and urged them to take the future into their hands.
In the video, which highlights some of the brightest and best young citizens, Sheikh Mohammed said he too was “young once”.
He said his own dreams were fulfilled and that “after hardships, good days followed”.
“We thank God that we have succeeded in many things,” Sheikh Mohammed said in the recording.
“However the UAE and the union has achieved its biggest success — its youth. They are the future. They are the ones that will take matters into their own hands in the future.
“To the youth who overcome obstacles, to those who are hope and treasure, I was young once like you. And my dreams did come true. After the hardships, good days followed.”
Noura Al Kaabi, Minister of Culture and Youth, said that investing in young people, empowering them, and enabling them to make a meaningful contribution to their country and communities, was the foundation of a nation’s development.
"Youth are the real capital and the main tool in our growth journey to build a sustainable future," she said.
"In order to prepare them for future leadership positions, it is imperative to include them in key decision-making roles today."
Dr Anwar Gargash, diplomatic adviser to the UAE president, said the Emirati youth represent the bright and prosperous future of the UAE.
"The citizen is the basis of development in the UAE and the youth represent the promising hope to continue the journey of building and giving," he said in a tweet accompanied by a picture of Sheikh Mohamed enjoying Eid Al Fitr this year with his family.
"Today, the Emirati young generation possess the will, knowledge, broad culture, and great awareness of the issues of their homeland.
"The journey of goodness is in safe hands and the future is bright and prosperous."
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Director: Jay Roach
Stars: Nicole Kidman, Charlize Theron, Margot Robbie
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Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
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- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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