Abu Dhabi’s Masdar City will host 20 international start-ups and small and medium enterprises to showcase innovative technologies on sustainability in an exhibition during the Abu Dhabi Sustainability Week.
The exhibition will be held from January 17 to 19 as part of Masdar City’s Innovate initiative that was launched last year to support start-ups, Masdar City said in a statement on Thursday.
“At Masdar City, we have created a highly unique ecosystem of education, research and development, technology and innovation, which is designed to bring companies together in a unique environment where they can build their networks, explore multiple investment opportunities and test new technologies,” Abdulla Balalaa, executive director of Masdar City, said.
Through Innovate platform, start-ups and SMEs can showcase their work at Masdar City, which pays a key role in providing solutions to advance the global green transition, he added.
The companies will also have the opportunity to expand or move their operations to Masdar City Free Zone in the UAE capital as part of the Innovate initiative, according to the statement.
Exhibiting companies during the event represent different sectors including artificial intelligence, clean energy, agriculture technology and urban sustainability. These include Aerodyne, FortyGuard, Tenderd and the Mohamed bin Zayed University of Artificial Intelligence under the category of artificial intelligence; and Exelx, Hydro Water Energy, SmartHelio, Sunbox and Volts under the category of clean energy.
The Futurist Company, Manhat, QS Monitor, Wayout International, Proteinea, Desert Control, Circa Biotech from AgTech and food security as well as Graphene Engineering Innovation Centre, Blueflite and Kasi Technologies focused on urban sustainability will also be present.
Masdar City is home to the headquarters of the International Renewable Energy Agency, as well as several Fortune 500 companies, a graduate-level research institute and a number of other businesses. Tabreed as well as HealthTech Company G42 Healthcare are also based in Masdar City.
Last year, Masdar City introduced new business packages with licence fees ranging between Dh1,000 ($272.29) and Dh12,000 to attract more companies to set up operations in its free zone and support existing businesses.
Abu Dhabi is investing in start-ups to expand the innovation ecosystem in the capital as part of a broader economic diversification strategy. It set up Hub71, an international ecosystem to support start-ups in 2019. The emirate also launched other programmes to support start-ups including a Dh535 million Ventures Fund in 2019.
The three-day event will have a series of six online panels featuring industry experts and innovators discuss topics including, ‘The future of innovation in clean energy’, ‘Reaching Net Zero using artificial intelligence’, ‘The future of urban sustainability’, ‘The future of water security’, and ‘The future of AgTech and food security'.
Sustainable Cooling inside buildings - in pictures
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
Tips for used car buyers
- Choose cars with GCC specifications
- Get a service history for cars less than five years old
- Don’t go cheap on the inspection
- Check for oil leaks
- Do a Google search on the standard problems for your car model
- Do your due diligence. Get a transfer of ownership done at an official RTA centre
- Check the vehicle’s condition. You don’t want to buy a car that’s a good deal but ends up costing you Dh10,000 in repairs every month
- Validate warranty and service contracts with the relevant agency and and make sure they are valid when ownership is transferred
- If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell
Tarek Kabrit, chief executive of Seez, and Imad Hammad, chief executive and co-founder of CarSwitch.com
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EEducatly%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2020%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EMohmmed%20El%20Sonbaty%2C%20Joan%20Manuel%20and%20Abdelrahman%20Ayman%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3EEducation%20technology%3Cbr%3E%3Cstrong%3EFunding%20size%3A%20%3C%2Fstrong%3E%242%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EEnterprise%20Ireland%2C%20Egypt%20venture%2C%20Plus%20VC%2C%20HBAN%2C%20Falak%20Startups%3C%2Fp%3E%0A
Race%20card
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It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
Dengue%20fever%20symptoms
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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.
THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
Brief scoreline:
Burnley 3
Barnes 63', 70', Berg Gudmundsson 75'
Southampton 3
Man of the match
Ashley Barnes (Burnley)
Mohammed bin Zayed Majlis
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
UAE currency: the story behind the money in your pockets
JAPAN SQUAD
Goalkeepers: Masaaki Higashiguchi, Shuichi Gonda, Daniel Schmidt
Defenders: Yuto Nagatomo, Tomoaki Makino, Maya Yoshida, Sho Sasaki, Hiroki Sakai, Sei Muroya, Genta Miura, Takehiro Tomiyasu
Midfielders: Toshihiro Aoyama, Genki Haraguchi, Gaku Shibasaki, Wataru Endo, Junya Ito, Shoya Nakajima, Takumi Minamino, Hidemasa Morita, Ritsu Doan
Forwards: Yuya Osako, Takuma Asano, Koya Kitagawa
The%20specs
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The%20specs
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A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
Available at Magrudy’s , Dh104
