Abu Dhabi's Hub71 and Siemens Energy have joined forces to support the emirate's tech start-ups that are addressing climate change issues, as the UAE works to achieve its goals of net-zero emissions by 2050.
The two entities will help Abu Dhabi's CleanTech and ClimateTech start-ups to develop innovative technologies that address climate change challenges, Hub71 said on Monday.
Hub71 and Siemens Energy will also identify prominent CleanTech and ClimateTech start-ups to explore investment opportunities that have the potential to accelerate the clean energy transition.
The partnership reinforces the importance of energy transition as the world pivots towards more sustainable and renewable energy sources, Badr Al-Olama, acting chief executive of Hub71, said.
"The powerful combination of technology and entrepreneurship raises our ability to address global challenges," Mr Al-Olama said.
"By capitalising on the expertise of Siemens Energy, we will focus our efforts to attract leading CleanTech and ClimateTech start-ups to establish a presence in Hub71 so that we can pool our combined efforts towards reducing emissions and promoting a low carbon economy."
The agreement comes at a time when the UAE is set to host Cop28 in 2023 and is working towards its commitment to achieve net-zero emissions by 2050.
The partnership supports the country's ability to drive investments in green infrastructure and clean energy projects, both locally and globally.
Abu Dhabi continues to enhance its start-up environment, harnessing advanced technology to drive economic growth and inclusion across all sectors.
Hub71, which was set up in 2019, is backed by the government of Abu Dhabi and Mubadala Investment Company, the emirate's sovereign wealth fund. It is also supported by Adio and the Abu Dhabi Global Market, the capital's financial free zone.
As part of its agreement with Hub71, Siemens Energy will also provide select start-ups with mentorship by participating in knowledge-sharing platforms, building from its expertise in developing sustainable, reliable, and affordable clean energy technologies.
“Accelerating the energy transition requires investment, innovation, and partnership. It is through collaboration with sustainability-focused and forward-looking organisations like Hub71 that we will transition faster," Kendra Rauschenberger, General Partner at Siemens Energy Ventures, said.
"We are excited to work with Hub71 to identify and support start-ups, and to leverage our extensive resources in the fields of innovation, finance, and strategic development, to accelerate and the development of tomorrow’s technologies, today.”
Siemens Energy will explore opportunities to participate in Hub71’s value-driven programmes focused on increasing market access and the potential for fund-raising. These programmes include Ventures Lab, a venture-builder by Hub71 and Modus Capital, which helps exceptional entrepreneurs to build ideas into market-leading businesses.
Furthermore, Siemens Energy will explore participating in Hub71’s The Outliers programme, designed for tech start-ups worldwide to solve real industry challenges of corporate and government bodies.
In pursuit of increasing the number of clean and renewable energy start-ups, Hub71 will fast-track companies referred by Siemens Energy to its incentive programme. This provides founders with up to Dh500,000 ($136,147) worth of incentives and benefits, including set-up and operational support.
Hub71 has $500 million in available capital and offers incentives such as free housing, office space and health insurance.
It is now home to more than 170 start-ups, and those in the pre-seed, seed and series A stages have collectively raised more than $67m.
Start-ups in the technology community have generated about $700m in revenue and created about 1,000 jobs since it was set up.
In the first half of 2022, the start-ups raised $436m from global investors.
Three-day coronation
Royal purification
The entire coronation ceremony extends over three days from May 4-6, but Saturday is the one to watch. At the time of 10:09am the royal purification ceremony begins. Wearing a white robe, the king will enter a pavilion at the Grand Palace, where he will be doused in sacred water from five rivers and four ponds in Thailand. In the distant past water was collected from specific rivers in India, reflecting the influential blend of Hindu and Buddhist cosmology on the coronation. Hindu Brahmins and the country's most senior Buddhist monks will be present. Coronation practices can be traced back thousands of years to ancient India.
The crown
Not long after royal purification rites, the king proceeds to the Baisal Daksin Throne Hall where he receives sacred water from eight directions. Symbolically that means he has received legitimacy from all directions of the kingdom. He ascends the Bhadrapitha Throne, where in regal robes he sits under a Nine-Tiered Umbrella of State. Brahmins will hand the monarch the royal regalia, including a wooden sceptre inlaid with gold, a precious stone-encrusted sword believed to have been found in a lake in northern Cambodia, slippers, and a whisk made from yak's hair.
The Great Crown of Victory is the centrepiece. Tiered, gold and weighing 7.3 kilograms, it has a diamond from India at the top. Vajiralongkorn will personally place the crown on his own head and then issues his first royal command.
The audience
On Saturday afternoon, the newly-crowned king is set to grant a "grand audience" to members of the royal family, the privy council, the cabinet and senior officials. Two hours later the king will visit the Temple of the Emerald Buddha, the most sacred space in Thailand, which on normal days is thronged with tourists. He then symbolically moves into the Royal Residence.
The procession
The main element of Sunday's ceremonies, streets across Bangkok's historic heart have been blocked off in preparation for this moment. The king will sit on a royal palanquin carried by soldiers dressed in colourful traditional garb. A 21-gun salute will start the procession. Some 200,000 people are expected to line the seven-kilometre route around the city.
Meet the people
On the last day of the ceremony Rama X will appear on the balcony of Suddhaisavarya Prasad Hall in the Grand Palace at 4:30pm "to receive the good wishes of the people". An hour later, diplomats will be given an audience at the Grand Palace. This is the only time during the ceremony that representatives of foreign governments will greet the king.
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
England squads for Test and T20 series against New Zealand
Test squad: Joe Root (capt), Jofra Archer, Stuart Broad, Rory Burns, Jos Buttler, Zak Crawley, Sam Curran, Joe Denly, Jack Leach, Saqib Mahmood, Matthew Parkinson, Ollie Pope, Dominic Sibley, Ben Stokes, Chris Woakes
T20 squad: Eoin Morgan (capt), Jonny Bairstow, Tom Banton, Sam Billings, Pat Brown, Sam Curran, Tom Curran, Joe Denly, Lewis Gregory, Chris Jordan, Saqib Mahmood, Dawid Malan, Matt Parkinson, Adil Rashid, James Vince
360Vuz PROFILE
Date started: January 2017
Founder: Khaled Zaatarah
Based: Dubai and Los Angeles
Sector: Technology
Size: 21 employees
Funding: $7 million
Investors: Shorooq Partners, KBW Ventures, Vision Ventures, Hala Ventures, 500Startups, Plug and Play, Magnus Olsson, Samih Toukan, Jonathan Labin
Indoor cricket in a nutshell
Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
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Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin
Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
