Abu Dhabi-based global tech ecosystem Hub71 said it has selected 20 start-ups from six countries operating in different strategic sectors of the economy to join its latest cohort.
Following the addition, Hub71 has grown its community to more than 200 start-ups.
It marked its third intake of start-ups this year, which saw a 60 per cent increase in applications from founders worldwide, Hub71 said.
Of the 20 start-ups in the cohort, 11 have relocated to Abu Dhabi and the remaining nine to other parts of the UAE.
“Hub71 has now reached a key milestone of building a community of over 200 tech start-ups in Abu Dhabi. This success is testament that Abu Dhabi is becoming a destination for high quality start-ups that showcase great potential and impact,” Badr Al Olama, acting chief executive of Hub71, said.
“The start-ups in our latest cohort have reinforced themselves with half a billion dirhams of funding and we look forward to their evolution towards global prowess on the world stage,” Mr Al Olama said.
Hub71 has selected companies operating in various sectors including CleanTech, AgriTech and FinTech.
The companies include 44.01, a carbon reduction company eliminating carbon dioxide by transferring it into rock; iFarm, a Finnish company that creates agriculture technologies to facilitate automated vertical farming; and Dutch FinTech start-up Thndr that has already raised more than $22 million.
The start-ups will gain access to Hub71’s community within a vast tech ecosystem of active investors and corporate, government and academia partners that act as key drivers for business growth. They will also benefit from flexible incentives to ease the process and cost of setting up, Hub71 said.
Hub71, which is backed by the Abu Dhabi government and Mubadala Investment Company, has regularly unveiled initiatives to support the development of start-ups.
Hub71 has now reached a key milestone of building a community of over 200 tech start-ups in Abu Dhabi
Badr Al Olama,
acting chief executive of Hub71
Last month, it also set up a platform that aims to help increase capital investment in technology companies, including start-ups from the region’s family offices.
In August, Hub71 welcomed 16 new start-ups, having set up its annual outliers programme in July. It joined forces with Siemens Energy in September to support Abu Dhabi start-ups addressing climate change issues.
Start-ups at Hub71 have raised more than Dh3.2 billion ($871 million) in funding, generated Dh2.5 billion in revenue and created 800 direct jobs since its inception in 2019 through to the third quarter of 2022, according to a report last month.
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
TRAINING FOR TOKYO
A typical week's training for Sebastian, who is competing at the ITU Abu Dhabi World Triathlon on March 8-9:
- Four swim sessions (14km)
- Three bike sessions (200km)
- Four run sessions (45km)
- Two strength and conditioning session (two hours)
- One session therapy session at DISC Dubai
- Two-three hours of stretching and self-maintenance of the body
ITU Abu Dhabi World Triathlon
For more information go to www.abudhabi.triathlon.org.
Ziina users can donate to relief efforts in Beirut
Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”
Tips to avoid getting scammed
1) Beware of cheques presented late on Thursday
2) Visit an RTA centre to change registration only after receiving payment
3) Be aware of people asking to test drive the car alone
4) Try not to close the sale at night
5) Don't be rushed into a sale
6) Call 901 if you see any suspicious behaviour
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
Smart words at Make Smart Cool
Make Smart Cool is not your usual festival. Dubbed “edutainment” by organisers Najahi Events, Make Smart Cool aims to inspire its youthful target audience through a mix of interactive presentation by social media influencers and a concert finale featuring Example with DJ Wire. Here are some of the speakers sharing their inspiration and experiences on the night.
Prince Ea
With his social media videos accumulating more half a billion views, the American motivational speaker is hot on the college circuit in the US, with talks that focus on the many ways to generate passion and motivation when it comes to learning.
Khalid Al Ameri
The Emirati columnist and presenter is much loved by local youth, with writings and presentations about education, entrepreneurship and family balance. His lectures on career and personal development are sought after by the education and business sector.
Ben Ouattara
Born to an Ivorian father and German mother, the Dubai-based fitness instructor and motivational speaker is all about conquering fears and insecurities. His talk focuses on the need to gain emotional and physical fitness when facing life’s challenges. As well managing his film production company, Ouattara is one of the official ambassadors of Dubai Expo2020.
11 cabbie-recommended restaurants and dishes to try in Abu Dhabi
Iqbal Restaurant behind Wendy’s on Hamdan Street for the chicken karahi (Dh14)
Pathemari in Navy Gate for prawn biryani (from Dh12 to Dh35)
Abu Al Nasar near Abu Dhabi Mall, for biryani (from Dh12 to Dh20)
Bonna Annee at Navy Gate for Ethiopian food (the Bonna Annee special costs Dh42 and comes with a mix of six house stews – key wet, minchet abesh, kekel, meser be sega, tibs fir fir and shiro).
Al Habasha in Tanker Mai for Ethiopian food (tibs, a hearty stew with meat, is a popular dish; here it costs Dh36.75 for lamb and beef versions)
Himalayan Restaurant in Mussaffa for Nepalese (the momos and chowmein noodles are best-selling items, and go for between Dh14 and Dh20)
Makalu in Mussaffa for Nepalese (get the chicken curry or chicken fry for Dh11)
Al Shaheen Cafeteria near Guardian Towers for a quick morning bite, especially the egg sandwich in paratha (Dh3.50)
Pinky Food Restaurant in Tanker Mai for tilapia
Tasty Zone for Nepalese-style noodles (Dh15)
Ibrahimi for Pakistani food (a quarter chicken tikka with roti costs Dh16)
New schools in Dubai
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