As Cop27 in Sharm El Sheikh draws to a close on Friday, the Green Zone has been particularly quiet in recent days.
Exhibitors say the Egyptian government-managed space — which was open to the registered public and dedicated to start-ups, companies, academia, government ministries and civil society — was a great way to showcase innovations and network.
But it was also both figuratively and literally away from the action at the UN-managed Blue Zone, which requires accreditation and is where the actual climate negotiations take place.
Rather than them being directly adjacent to one another, a five-minute drive separates the two zones.
The 12,000-square-metre Green Zone features five halls accommodating dozens of booths and two meeting rooms with panels throughout the day. However, it pales in comparison to the bustling Blue Zone.
“The Green Zone is amazing, but it really, really needed some strong panels like those in the Blue Zone. This is what we missed,” Manal Saleh, chief executive of the Egyptian Clothing Bank, told The National.
On the positive side, “there is a lot of energy here, which is actually representing the work on the ground”, Ms Saleh said. “So the Blue Zone was all the ideas, the strategies, the policies, but the Green Zone is what people are actually doing on the ground, which is fascinating.”
Her stall in the “Future Generations and Innovation Hub” features her non-profit charity Egyptian Clothing Bank, alongside for-profit start-up Up-Fuse.
The Egyptian Clothing Bank salvages pieces of clothing and fabric waste from landfill, manufacturing facilities, retailers and individuals and repurposes them.
If they are in good shape, they can be fixed up and donated to underprivileged university students. Damaged clothes and shoes can either be turned into blankets or children’s toys. Special vintage fabrics are used for a fashion line.
Up-Fuse, founded by Yara Yassin and Lama El Khawanky, transforms plastic waste and tires into fashionable handbags, clothes and shoes.
A few booths away is Shift EV, an electric mobility start-up that converts conventional vehicles into electric vehicles at about 20 to 40 per cent of the cost of a new one in just a few hours.
The company started as the first facility in the Middle East and North Africa to design and manufacture lithium ion battery packs. Its factory now converts fleets of two-wheelers, three-wheelers and minivans for businesses through a subscription-based model.
“Everything that’s related to internal combustion — the engine, the fuel tank, the tail pipes — anything that results in emissions basically, we take it out and we put our own batteries and our own connectivity,” Shift EV’s chief technology officer and co-founder Amr Helmy told The National.
There are 12 entities that are customers in some respect, including German logistics company DB Schenker. By switching to electric, they save 80 per cent of the vehicles’ operational costs.
Shift EV has raised $9 million from investors since it was founded in March 2019 and has a pipeline of 1,000 cars per year.
Mr Helmy said despite the slow pace of the green zone, it was beneficial for networking with other start-ups, innovators and investors.
“You’re meeting a lot of like-minded people who are doing things differently,” he said. “All of these people would never have been in the same place in Cairo.”
Tagaddod, a start-up that collects used cooking oil from Egyptian households to convert it into biofuel, was also in the same hub.
Chief operating officer and co-founder Mariam Afifi said it brought 24 of its 250 employees to participate in the booth.
“It’s very rare that these types of events happen in Egypt and we wanted to expose the employees…to the talks, to other companies within this space — to understand that they’re part of a bigger picture,” she told The National.
Tagaddod collects 1,500 tonnes of used cooking oil per month from around 20,000 households and 3,000 restaurants and businesses. The company wants to increase that number to 60,000 in 2023.
Because there is no market in Egypt for biofuel, Tagaddod exports the used cooking oil to HVO (hydrogenated vegetable oil) producers around the world. HVO has been approved for use as a sustainable aviation fuel.
Ms Afifi said she found the Green Zone useful in building partnerships, especially with Egyptian women’s organisations that can expand the start-up's reach.
“It’s great that they have actually given this space to SMEs (small and medium enterprises) and organisations to be here,” she said.
However, Ms Afifi said there should have been more efforts to make the Green Zone more attractive to visitors and include some of the important talks there. Even a live-streamed screen in the middle of the zone would help “to feel more involved”.
“It would have been very, very eye-opening if we had the opportunity to visit the Blue Zone and know what’s happening there,” she said.
“There have been a lot of interesting things that we’ve attended. But I still would have liked to see where the real action is.”
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
WORLD'S%2010%20HIGHEST%20MOUNTAINS
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The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 258hp from 5,000-6,500rpm
Torque: 400Nm from 1,550-4,000rpm
Transmission: Eight-speed auto
Fuel consumption: 6.1L/100km
Price: from Dh362,500
On sale: now
Company%20profile
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The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Haemoglobin disorders explained
Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.
Haemoglobin is a substance in the red blood cells that carries oxygen and a lack of it triggers anemia, leaving patients very weak, short of breath and pale.
The most severe type of the condition is typically inherited when both parents are carriers. Those patients often require regular blood transfusions - about 450 of the UAE's 2,000 thalassaemia patients - though frequent transfusions can lead to too much iron in the body and heart and liver problems.
The condition mainly affects people of Mediterranean, South Asian, South-East Asian and Middle Eastern origin. Saudi Arabia recorded 45,892 cases of carriers between 2004 and 2014.
A World Health Organisation study estimated that globally there are at least 950,000 'new carrier couples' every year and annually there are 1.33 million at-risk pregnancies.
Bugatti Chiron Super Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,600hp
Torque: 1,600Nm
0-100kph in 2.4seconds
0-200kph in 5.8 seconds
0-300kph in 12.1 seconds
Top speed: 440kph
Price: Dh13,200,000
Bugatti Chiron Pur Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,500hp
Torque: 1,600Nm
0-100kph in 2.3 seconds
0-200kph in 5.5 seconds
0-300kph in 11.8 seconds
Top speed: 350kph
Price: Dh13,600,000
Company%20Profile
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Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
Diriyah%20project%20at%20a%20glance
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SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20electric%20motors%20with%20102kW%20battery%20pack%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E570hp%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20890Nm%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERange%3A%3C%2Fstrong%3E%20Up%20to%20428km%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh1%2C700%2C000%3C%2Fp%3E%0A
Company name: Farmin
Date started: March 2019
Founder: Dr Ali Al Hammadi
Based: Abu Dhabi
Sector: AgriTech
Initial investment: None to date
Partners/Incubators: UAE Space Agency/Krypto Labs
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
Four-day collections of TOH
Day Indian Rs (Dh)
Thursday 500.75 million (25.23m)
Friday 280.25m (14.12m)
Saturday 220.75m (11.21m)
Sunday 170.25m (8.58m)
Total 1.19bn (59.15m)
(Figures in millions, approximate)
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills