Lightvert Ltd hopes to revolutionise advertising across the globe. Courtesy Lightvert Ltd
Lightvert Ltd hopes to revolutionise advertising across the globe. Courtesy Lightvert Ltd
Lightvert Ltd hopes to revolutionise advertising across the globe. Courtesy Lightvert Ltd
Lightvert Ltd hopes to revolutionise advertising across the globe. Courtesy Lightvert Ltd

Dubai could be set for a new, revolutionary feature added to its skyline


Nick Webster
  • English
  • Arabic

DUBAI // Images of an ice-cold Coca-Cola suspended in the sky on a hot summer’s day or the latest Mercedes-Benz projecting from one of Dubai’s iconic buildings could be the next level of advertising targeting UAE consumers.

A United Kingdom start-up has patented a new display medium that could revolutionise the advertising world and the way we make consumer choices.

Lightvert Ltd, a tech company run by American entrepreneur Daniel Siden, has developed the Echo system, a persistence of vision display technology that temporarily prints an image directly on to the viewer’s retina.

Images are generated using a single vertical line of light, so do not exist in reality. Adverts up to 200 metres tall could appear, but only in the viewer’s eye.

Project designer Mr Siden, from San Francisco, hopes to bring the technology to the Middle East this year and said Dubai’s skyline was the perfect place to display what he hopes will be the future of advertising.

“The UAE is an important market for us, because the world looks to it for innovation, particularly on an architectural scale,” he said.

“What we have is a display technology that is unbelievably innovative and relies quite heavily on the property market, like most outdoor media.

“Outdoor advertising is traditionally at street level on a human scale – we are looking to change all that by opening up new amounts of high-value advertising real estate, and that is tall buildings.”

The concept may be hard to grasp but developers insist the display is safe and will not cause a distraction to drivers or pilots.

LED advertising, used since 2005, is limited to the amount of available real estate in prime urban locations. With the Echo system, a narrow strip of reflective material is fixed to a building with a high-speed light scanner projecting light off the reflector towards the viewer.

This creates large-scale images that are “captured” for a brief moment in the viewer’s eye. The images are fleeting but striking, prompting viewers to engage and share the experience.

Like any display, extreme weather affects the quality of the experience but it is cheaper and kinder to the environment than other forms of media and advertising.

“This is about human behaviour,” Mr Siden said. “We’ve all grown up around two-dimensional media and become very good at ignoring it because the experience is everywhere. [This] places the brand’s message in the context of the city skyline, so it stands alone in a prominent position.”

Mr Siden has opened seed-funding applications to make the Dh3.05 million project a reality within six months, and sourced a supply chain with Kinetic Worldwide, a global leader in “out of home” advertising with more than 800 brand clients.

In 2015, according to the Abu Dhabi communication ana-lysts Locus, the UAE spent US$407 million (Dh1.5 billion) on outdoor advertising, $666m on newspaper advertising, $229m in magazines and a combined $373m on television, radio and cinema.

The idea of in-the-sky advertising has been well received in the Dubai industry.

“The fact it’s new and innovative is a key plus point,” said Vishal Anand, chief executive at Blue Apple, an advertising and brand communications agency in Dubai.

“It will help in breaking out from the clutter and stand out from other formats.”

“As long as it isn’t causing any structural issue or any regular maintenance issues, this concept would appeal to most iconic buildings.”

Simon Dicketts, executive creative director of M&C Saatchi, said it was an exciting development. “A technology that frees up the mind to new, creative possibilities has to be a good thing,” he said.

nwebster@thenational.ae

What is graphene?

Graphene is a single layer of carbon atoms arranged like honeycomb.

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were "playing about" with sticky tape and graphite - the material used as "lead" in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But as they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment had led to graphene being isolated for the very first time.

At the time, many believed it was impossible for such thin crystalline materials to be stable. But examined under a microscope, the material remained stable, and when tested was found to have incredible properties.

It is many times times stronger than steel, yet incredibly lightweight and flexible. It is electrically and thermally conductive but also transparent. The world's first 2D material, it is one million times thinner than the diameter of a single human hair.

But the 'sticky tape' method would not work on an industrial scale. Since then, scientists have been working on manufacturing graphene, to make use of its incredible properties.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. Their discovery meant physicists could study a new class of two-dimensional materials with unique properties. 

 

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GROUPS

Group Gustavo Kuerten
Novak Djokovic (x1)
Alexander Zverev (x3)
Marin Cilic (x5)
John Isner (x8)

Group Lleyton Hewitt
Roger Federer (x2)
Kevin Anderson (x4)
Dominic Thiem (x6)
Kei Nishikori (x7)

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Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

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The specs

Engine: 6.2-litre V8

Transmission: seven-speed auto

Power: 420 bhp

Torque: 624Nm

Price: from Dh293,200

On sale: now

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Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

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RESULTS

6.30pm: Handicap (rated 95-108) US$125,000 2000m (Dirt).
Winner: Don’t Give Up, Gerald Mosse (jockey), Saeed bin Suroor (trainer).

7.05pm: Handicap (95 ) $160,000 2810m (Turf).
Winner: Los Barbados, Adrie de Vries, Fawzi Nass.

7.40pm: Handicap (80-89) $60,000 1600m (D).
Winner: Claim The Roses, Mickael Barzalona, Salem bin Ghadayer.

8.15pm: UAE 2000 Guineas Trial (Div-1) Conditions $100,000 1,400m (D)
Winner: Gold Town, William Buick, Charlie Appleby.

8.50pm: Cape Verdi Group 2 $200,000 1600m (T).
Winner: Promising Run, Patrick Cosgrave, Saeed bin Suroor.

9.25pm: UAE 2000 Guineas Conditions $100,000 1,400m (D).
Winner: El Chapo, Luke Morris, Fawzi Nass.

UAE v Ireland

1st ODI, UAE win by 6 wickets

2nd ODI, January 12

3rd ODI, January 14

4th ODI, January 16

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE