The UAE's first ever project that recycles food waste and turns it into animal feed, organic fertiliser and oil was inaugurated by a top official on Friday.
Mariam Al Mheiri, Minister of Climate Change and Environment, signed an agreement to support the pioneering project by Circa Biotech, a company that farms black soldier fly larvae by feeding them leftover food waste.
The larvae consume the waste and grow before being turned into high-protein feed for livestock, among other things.
The world is witnessing a rise in capital funding for insect-farming companies
Mariam Al Mheiri,
Minister of Climate Change and Environment
“This agreement is part of the UAE’s ongoing drive to enhance food security and sustainability based on innovation, green development and climate change mitigation,” said Ms Al Mheiri after a tour of the company’s headquarters in Masdar City in Abu Dhabi.
“The project leverages nature-based solutions to address challenges resulting from the accumulation of organic waste.
“This way, it creates sustainable economic opportunities that strengthen the resilience of our food supply chain while transforming waste from an environmental burden into an economic resource.”
Circa Biotech’s project will initially produce 1.5 tonnes of organic fertiliser per month — with the goal of handling 200 tonnes of food waste per day.
The company aims to decrease dependence on more expensive fishmeal for livestock feed.
“The world is witnessing a rise in capital funding for insect farming companies,” Ms Al Mheiri said.
“Circa Biotech’s project follows the principles of circular economy by using organic waste and the nutrients it contains as inputs into the feed production process, thus enhancing food security.”
The animal feed is rich in proteins, fats, minerals and vitamins. The larvae can be harvested every 14 days, due to the short 45-day life cycle and high fertility of the black soldier fly.
In addition, this insect does not transmit diseases, nor cause damage or infestations, and is a non-invasive species.
The larvae are reared in an environment with sensors that record real-time temperature, humidity and carbon dioxide levels under special lighting.
All of this together ensures efficient water consumption and has a limited effect on the environment.
“At Circa Biotech, we developed an innovative process to upcycle food waste into protein-rich animal feed using industrial insect farming,” said Haythem Riahi, co-founder and chief executive of Circa Biotech.
“It’s a commercially viable solution to locally produce animal feed with a highly sustainable process. At a full industrial scale, we plan to produce 22,000 tonnes of animal feed per year.”
Circa Biotech has participated in several entrepreneurship competitions across the UAE and its primary goal is improving the management of organic waste in megacities with a focus on saving it from the landfill.
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It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
Tips on buying property during a pandemic
Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.
While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.
While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar.
Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.
Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.
Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities.
Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong.
Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.
Paris Can Wait
Dir: Eleanor Coppola
Starring: Alec Baldwin, Diane Lane, Arnaud Viard
Two stars
Gothia Cup 2025
4,872 matches
1,942 teams
116 pitches
76 nations
26 UAE teams
15 Lebanese teams
2 Kuwaiti teams
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Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics
Wayne Rooney's career
Everton (2002-2004)
- Appearances: 48
- Goals: 17
Manchester United (2004-2017)
- Appearances: 496
- Goals: 253
England (2003-)
- Appearances: 119
- Goals: 53
Types of policy
Term life insurance: this is the cheapest and most-popular form of life cover. You pay a regular monthly premium for a pre-agreed period, typically anything between five and 25 years, or possibly longer. If you die within that time, the policy will pay a cash lump sum, which is typically tax-free even outside the UAE. If you die after the policy ends, you do not get anything in return. There is no cash-in value at any time. Once you stop paying premiums, cover stops.
Whole-of-life insurance: as its name suggests, this type of life cover is designed to run for the rest of your life. You pay regular monthly premiums and in return, get a guaranteed cash lump sum whenever you die. As a result, premiums are typically much higher than one term life insurance, although they do not usually increase with age. In some cases, you have to keep up premiums for as long as you live, although there may be a cut-off period, say, at age 80 but it can go as high as 95. There are penalties if you don’t last the course and you may get a lot less than you paid in.
Critical illness cover: this pays a cash lump sum if you suffer from a serious illness such as cancer, heart disease or stroke. Some policies cover as many as 50 different illnesses, although cancer triggers by far the most claims. The payout is designed to cover major financial responsibilities such as a mortgage or children’s education fees if you fall ill and are unable to work. It is cost effective to combine it with life insurance, with the policy paying out once if you either die or suffer a serious illness.
Income protection: this pays a replacement income if you fall ill and are unable to continue working. On the best policies, this will continue either until you recover, or reach retirement age. Unlike critical illness cover, policies will typically pay out for stress and musculoskeletal problems such as back trouble.
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FA CUP FINAL
Manchester City 6
(D Silva 26', Sterling 38', 81', 87', De Bruyne 61', Jesus 68')
Watford 0
Man of the match: Bernardo Silva (Manchester City)
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
The specs
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Specs
Engine: 51.5kW electric motor
Range: 400km
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Torque: 175Nm
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The biog
From: Upper Egypt
Age: 78
Family: a daughter in Egypt; a son in Dubai and his wife, Nabila
Favourite Abu Dhabi activity: walking near to Emirates Palace
Favourite building in Abu Dhabi: Emirates Palace
EXPATS
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More from Rashmee Roshan Lall
ETFs explained
Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.
ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.
There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
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