Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) signed an agreement with the World Economic Forum to create a global platform for Food Innovation Hubs on the sidelines of the annual WEF summit in Davos.
The new platform will "contribute to focusing and accelerating the scope of innovation to improve food production mechanisms around the world", the UAE Government Media Office said in a statement on Monday.
It will enhance joint international scientific and research co-operation on food through an exchange of knowledge, experience and data to develop local food production systems and support national and global food security strategies.
WEF established the Food Innovation Hubs initiative with public, private and civil society partners to transform the way food is produced and consumed.
The agreement confirms Dubai as the international headquarters for the hubs’ annual meeting.
MBRGI will also join the Food Innovation Hubs steering committee and the supervisory board of WEF's Food Systems Initiative.
“MBRGI is one of the largest institutions, regionally and globally, to battle hunger and malnutrition, and provide less fortunate communities with food support,” Mohammad Al Gergawi, Minister of Cabinet Affairs and secretary general of MBRGI, said.
Addressing global food challenges requires international innovation accelerators which can develop modern solutions, he said.
A UAE delegation of government ministers and leaders in the public and private sectors is presenting the country’s vision at the annual WEF meeting in Davos, Switzerland.
The UAE aims to promote global co-operation and participate in designing new work models to improve societies, officials said.
It is working on the National Food Security Strategy 2051, devised to support the use of smart technology in sustainable food production at every stage of the supply chain.
The three-year co-operation agreement signed between MBRGI and WEF will support the UN’s 2030 sustainable development goals, especially the second goal of ending hunger, the statement said.
“Approximately 800 million people across the globe suffer from hunger or malnutrition,” said Saeed Al Eter, assistant secretary general of MBRGI.
“The crises that the world has witnessed during the past few years have directly affected supply chains, especially in the food sector, which underlines the urgent need to develop systems, options and alternatives to enhance food production at national levels, and provide interconnected and effective food safety nets locally and globally.
“The world’s population is expected to reach 9.7 billion people by 2050. In this context, Mohammed bin Rashid Al Maktoum Global Initiatives’ support for the establishment of the Global Platform for Food Innovation Hubs, which will be present in 17 global cities on five continents by 2030, is designed to achieve a sustainable future for food production, contribute to meeting the demand in present and future.”
The new platform is intended to accelerate solutions to food system challenges, support their development, improvement and transformation, enable learning, knowledge transfer and strengthen partnership to support innovation in food systems.
The platform also supports increasing investments and promoting financing mechanisms to enhance flexibility in food systems locally and globally.
It will identify the main initiatives available and expand their scope in countries that focus on developing innovation ecosystems to build healthy food systems that are more comprehensive, efficient and sustainable.
The platform also seeks to boost entrepreneurship that supports the goals of the Food Innovation Hubs, the statement said.
BULKWHIZ PROFILE
Date started: February 2017
Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)
Based: Dubai, UAE
Sector: E-commerce
Size: 50 employees
Funding: approximately $6m
Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait
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Kanye%20West
%3Cp%3EYe%20%E2%80%94%20the%20rapper%20formerly%20known%20as%20Kanye%20West%20%E2%80%94%20has%20seen%20his%20net%20worth%20fall%20to%20%24400%20million%20in%20recent%20weeks.%20That%E2%80%99s%20a%20precipitous%20drop%20from%20Bloomberg%E2%80%99s%20estimates%20of%20%246.8%20billion%20at%20the%20end%20of%202021.%3Cbr%3EYe%E2%80%99s%20wealth%20plunged%20after%20business%20partners%2C%20including%20Adidas%2C%20severed%20ties%20with%20him%20on%20the%20back%20of%20anti-Semitic%20remarks%20earlier%20this%20year.%3Cbr%3EWest%E2%80%99s%20present%20net%20worth%20derives%20from%20cash%2C%20his%20music%2C%20real%20estate%20and%20a%20stake%20in%20former%20wife%20Kim%20Kardashian%E2%80%99s%20shapewear%20firm%2C%20Skims.%3C%2Fp%3E%0A
NATIONAL%20SELECTIONS
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Company profile
Name: Oulo.com
Founder: Kamal Nazha
Based: Dubai
Founded: 2020
Number of employees: 5
Sector: Technology
Funding: $450,000
Stage 3 results
1 Adam Yates (GBR) Mitchelton-Scott 4:42:33
2 Tadej Pocagar (SLO) UAE Team Emirates 0:01:03
3 Alexey Lutsenko (KAZ) Astana 0:01:30
4 David Gaudu (FRA) Groupama-FDJ
5 Rafal Majka (POL) Bora-Hansgrohe
6 Diego Ulissi (ITA) UAE Team Emirates 0:01:56
General Classification after Stage 3:
1 Adam Yates (GBR) Mitchelton-Scott 12:30:02
2 Tadej Pocagar (SLO) UAE Team Emirates 0:01:07
3 Alexey Lutsenko (KAZ) Astana 0:01:35
4 David Gaudu (FRA) Groupama-FDJ 0:01:40
5 Rafal Majka (POL) Bora-Hansgrohe
6 Wilco Kelderman (NED) Team Sunweb) 0:02:06
About Krews
Founder: Ahmed Al Qubaisi
Based: Abu Dhabi
Founded: January 2019
Number of employees: 10
Sector: Technology/Social media
Funding to date: Estimated $300,000 from Hub71 in-kind support
The design
The protective shell is covered in solar panels to make use of light and produce energy. This will drastically reduce energy loss.
More than 80 per cent of the energy consumed by the French pavilion will be produced by the sun.
The architecture will control light sources to provide a highly insulated and airtight building.
The forecourt is protected from the sun and the plants will refresh the inner spaces.
A micro water treatment plant will recycle used water to supply the irrigation for the plants and to flush the toilets. This will reduce the pavilion’s need for fresh water by 30 per cent.
Energy-saving equipment will be used for all lighting and projections.
Beyond its use for the expo, the pavilion will be easy to dismantle and reuse the material.
Some elements of the metal frame can be prefabricated in a factory.
From architects to sound technicians and construction companies, a group of experts from 10 companies have created the pavilion.
Work will begin in May; the first stone will be laid in Dubai in the second quarter of 2019.
Construction of the pavilion will take 17 months from May 2019 to September 2020.
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Retail gloom
Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.
It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.
The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.