Dubai’s government innovation body has teamed up with a US software company to tap a US$100 million fund aimed at start-ups in the 3D printing sector.
US company Autodesk is partnering with Dubai Future Foundation (DFF) to help provide financing for entrepreneurs across the region.
The two organisations announced yesterday that the DFF is to identify businesses to receive cash from Autodesk’s $100m Spark investment fund.
The investments will benefit organisations that currently use 3D printing. The agreement also allows entrepreneurs and businesses access to Spark’s marketing and software development capabilities.
The move is part of the UAE’s plans, announced in April this year, to become a world hub for 3D technology – a process that the consultants McKinsey estimate will have a $550 billion impact on the global economy in the next 10 years.
The new technology enables companies to synthesise almost any three-dimensional object by building it up through successive layers from a computer code.
“3D printing technology will revolutionise the economic sectors that most affect people’s lives,” said Mohammed Al Gergawi, the vice chairman and managing director of DFF. “This includes construction, medical equipment and supplies, and even consumer products. 3D printing technology has taken centre stage in the global market, drawing attention from all major tech companies and R&D centres around the world as they work to accelerate its introduction into traditional markets, in addition to establishing exciting new markets,” he said.
lbarnard@thenational.ae
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'THE WORST THING YOU CAN EAT'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
BUNDESLIGA FIXTURES
Friday (all kick-offs UAE time)
Hertha Berlin v Union Berlin (10.30pm)
Saturday
Freiburg v Werder Bremen (5.30pm)
Paderborn v Hoffenheim (5.30pm)
Wolfsburg v Borussia Dortmund (5.30pm)
Borussia Monchengladbach v Bayer Leverkusen (5.30pm)
Bayern Munich v Eintracht Frankfurt (5.30pm)
Sunday
Schalke v Augsburg (3.30pm)
Mainz v RB Leipzig (5.30pm)
Cologne v Fortuna Dusseldorf (8pm)
The%20Sandman
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
