Hub71, Abu Dhabi's global technology ecosystem, has appointed Ahmad Alwan as deputy chief executive to help lead its long-term strategy and global ambitions.
Mr Alwan, a founding member of Hub71, will work to raise the organisation's profile in key technology markets around the world, Hub71 said on Wednesday.
“With his strong commitment to founders within our community, we will accelerate the energetic pace we are operating at to progress our strategy of driving growth for tech start-ups globally, from Abu Dhabi,” said Badr Al Olama, acting chief executive of Hub71.
Hub71, which is backed by the Abu Dhabi government and Mubadala Investment Company, has continuously unveiled initiatives to support the development of start-ups.
In July, it set up its annual Outliers programme and, last month, it joined forces with Siemens Energy to support Abu Dhabi start-ups addressing climate change issues.
Before his latest appointment, Mr Alwan held a number of roles at Hub71, including in the strategy, stakeholder management, finance, investor engagement and operations departments.
He also worked for Mubadala’s UAE investments platform, overseeing a portfolio of UAE-based aerospace and technology assets, which include Strata, Sanad, G42 and Hub71.
Mr Alwan was also previously part of Mubadala’s Portfolio Strategy team where he worked on formulating the corporate strategy, overlaying internal and stakeholder objectives, and supporting Mubadala’s leadership with special projects.
“The community of founders and team members that Hub71 has amassed over the past three years is testament to Hub71’s efforts and to our government’s support in building an impactful platform for people and the economy,” Mr Alwan said.
Hub71 is home to more than 170 start-ups that raised $436 million from global investors in the first half of 2022.
Company%20profile
Tomorrow 2021
You might also like
MATCH INFO
Burnley 0
Man City 3
Raheem Sterling 35', 49'
Ferran Torres 65'
Milestones on the road to union
1970
October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar.
December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.
1971
March 1: Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.
July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.
July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.
August 6: The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.
August 15: Bahrain becomes independent.
September 3: Qatar becomes independent.
November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.
November 29: At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.
November 30: Despite a power sharing agreement, Tehran takes full control of Abu Musa.
November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties
December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.
December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.
December 9: UAE joins the United Nations.
On Women's Day
Dr Nawal Al-Hosany: Why more women should be on the frontlines of climate action
Shelina Janmohamed: Why shouldn't a spouse be compensated fairly for housework?
Samar Elmnhrawy: How companies in the Middle East can catch up on gender equality
Justin Thomas: Challenge the notion that 'men are from Mars, women are from Venus'
Explained
COMPANY%20PROFILE
While you're here
The National Editorial: Muslims prepare for Hajj and Eid in the age of Covid-19
Shelina Janmohamed: Minimalist Hajj will be once-in-a-lifetime pilgrimage
James Haines-Young: Everything you need to know Hajj 2020
• Remittance charges will be tackled by blockchain
• UAE's monumental and risky Mars Mission to inspire future generations, says minister
• Could the UAE drive India's economy?
• News has a bright future and the UAE is at the heart of it
• Architecture is over - here's cybertecture
• The National announces Future of News journalism competition
• Round up: Experts share their visions of the world to come
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
Most%20polluted%20cities%20in%20the%20Middle%20East
MOST%20POLLUTED%20COUNTRIES%20IN%20THE%20WORLD
COMPANY PROFILE
Brief scores
Barcelona 2
Pique 36', Alena 87'
Villarreal 0
The specs: 2018 Kia Picanto
Price: From Dh39,500
Engine: 1.2L inline four-cylinder
Transmission: Four-speed auto
Power: 86hp @ 6,000rpm
Torque: 122Nm @ 4,000rpm
Fuel economy, combined: 6.0L / 100km
Sam Smith
Where: du Arena, Abu Dhabi
When: Saturday November 24
Rating: 4/5
On Women's Day
Dr Nawal Al-Hosany: Why more women should be on the frontlines of climate action
Shelina Janmohamed: Why shouldn't a spouse be compensated fairly for housework?
Justin Thomas: Challenge the notion that 'men are from Mars, women are from Venus'
The National Editorial: Is there much to celebrate on International Women's Day 2021?
While you're here
The%20specs%20
While you're here
Hussein Ibish: Could it be game over for Donald Trump?
Joyce Karam: Trump's campaign thrown off balance
Trump tests positive: everything we know so far
The specs
While you're here
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
