DUBAI // Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has met the governor-general of Australia at Zabeel Palace.
Sir Peter Cosgrove, who is visiting the UAE as part of a regional tour, spoke warmly of the relations between the two countries in the past 20 years.
About 25,000 Australians live and work in the UAE and more than 700 Emiratis study at Australian universities, Mr Cosgrove said. There are also 144 direct flights per week between the UAE and Australia.
Sheikh Mohammed and Mr Cosgrove discussed ways to improve cooperation in tourism, education, trade and air transport.
Sheikh Ahmed bin Saeed, chairman of the Dubai Civil Aviation Authority and chief executive of Emirates Group, Mohammed Al Gergawi, Minister of Cabinet Affairs, and Reem Al Hashemy, Minister of State, attended the meeting.
Also present were Dr Obaid Al Ketbi, UAE Ambassador to Australia, Khalifa Sulaiman, director general of the Dubai Protocol and Hospitality Department, and Australian ambassador Pablo King.
newsdesk@thenational.ae
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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:
- Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate.
- 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.
- 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.
- 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.
- 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.
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Health Valley
Founded in 2002 and set up as a foundation in 2006, Health Valley has been an innovation in healthcare for more than 10 years in Nijmegen, the Netherlands.
It serves as a place where companies, businesses, universities, healthcare providers and government agencies can collaborate, offering a platform where they can connect and work together on healthcare innovation.
Its partners work on technological innovation, new forms of diagnostics and other methods to make a difference in healthcare.
Its agency consists of eight people, four innovation managers and office managers, two communication advisers and one director. It gives innovation support to businesses and other parties in its network like a broker, connecting people with the right organisation to help them further
