His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, opened on Tuesday the 3rd Annual Global Entrepreneurial Summit (GES) and the Exhibition at the World Trade Centre in Dubai. Sheikh Mohammed also witnessed signing of a number of scientific agreements. Sheikh Mohammed addressed an audience consisting of more than 2000 experts and decision-makers in the field of entrepreneurship in addition to small and medium enterprises around the world. Sheikh Mohammed welcomed the participants to the summit hosted in the city of Dubai in the UAE, noting that the UAE is one of the pioneering countries in the world in supporting and encouraging young entrepreneurs. He also asserted that the UAE is a centre for creativity and innovation on the regional and global levels and provides the ideal environment. The Arab youth can benefit from this, develop their talents and exploit their energy and use it to serve the goals and objectives of their respective countries, he added. He said that entrepreneurship is not an alien phenomenon for the Arabs. “We invented the alphabets and many branches of science such as Algebra and mathematics. We the Arabs founded the first university in history, from where people of learning graduated in medicine, astronomy and mathematics. The Arab Islamic civilisation is the first one that excelled in the globalisation of culture, science and knowledge”, Sheikh Mohammed said.