Investing

Africa is the Place to Invest, Visiting US Congressional Delegation Acknowledges to African Development Bank Chief

Investing

United States Congressman Gregory Meeks has warned that the United States will only be part of the future if it invests in Africa now.

The congressman from New York and Chairman of the US House Foreign Affairs Committee was speaking during a visit to the African Development Bank Group on Saturday, as he and a team of congressional colleagues concluded a tour of four African countries. African Development Bank Group President Dr. Akinwumi A. Adesina and several senior Bank officials welcomed the group to the Bank’s headquarters in Abidjan.

“If the United States is not investing in Africa today – especially when we look at the size of Africa’s youth population, which is larger than America’s entire population– then we are not going to be a part of the future,” Meeks said. He added: “My singular focus had been to make sure Africa moves “from the back to the front. There’s a lot of work to do. Governments can’t do it alone. The African Development Bank will play a big role. When Prosper Africa needs guidance, I will point them to the African Development Bank.” 

Meeks was accompanied by Congressman Ami Bera of California, Congresswoman Ilhan Omar of Minnesota, Congresswoman Joyce Beatty of Ohio, Congressman G.K. Butterfield of North Carolina, Congresswoman Brenda Lawrence of Michigan, and Congressman Troy Carter of Louisiana.

The group had visited Sierra Leone, Liberia and Tanzania before their arrival in Côte d’Ivoire. Members said they were inspired by the immense opportunities the African continent offers American investors.

Adesina thanked the United States for its continued support, including support for the Bank’s general capital increase in 2019, which saw its capital base rise from $93 billion to $208 billion. Adesina said the United States, the second-largest shareholder of the Bank, was “working with the right institution.” “We are African, we understand the needs of Africa, and we are driving change in Africa,” he said.

Adesina and the visiting members of Congress agreed on the need for closer cooperation between the African Development Bank and US investors. Adesina said the Bank would open an office in Washington, D.C., once Board approval was secured. He explained that the office would provide guidance about how to structure substantive US private sector investment in Africa. “We’d like to see a lot more US direct investment in infrastructure,” Adesina said. “We look forward to working with the United States Trade and Development Agency and others on this.”

Adesina said African economies were rebounding, but the continent faced mounting commercial debt, the adverse impacts of climate change, lack of opportunities for youth, and poor access to Covid-19 vaccines.

The African Development Bank is leading calls for the reallocation of $100 billion in International Monetary Fund special drawing rights (SDRs) to African countries. It is advocating that these funds be channeled through the Bank as a prescribed holder of SDRs, and as an institution which has a AAA credit rating. “SDRs offer African countries a tremendous opportunity to deal with debt,” the Bank chief said.  

Adesina asked for the United States’ support in tackling climate change. He explained that the Bank was investing heavily in climate adaptation and was working closely with US Special Presidential Envoy for Climate John Kerry and US Treasury Secretary Janet Yellen on climate finance.

In April 2021, the African Development Bank, together with the Global Center on Adaptation, launched the Africa Adaptation Acceleration Program to mobilize $25 billion to support climate adaptation on the African continent. 

Africa’s youth featured prominently in the discussion. The visiting delegation learned that the African Development Bank is supporting entrepreneurship and skills development, especially digital skills, and has been working to develop youth entrepreneurship investment banks, which will support the businesses of young people.     

On health, an equally important subject given the realities of the last two years especially, the Bank president explained that as part of its plans for quality health care infrastructure, the institution would invest $3 billion in building Africa’s pharmaceutical industries and vaccine manufacturing capacities.

Adesina also looked ahead to the 16th replenishment of the African Development Fund, the African Development Bank Group’s concessional lending arm. He is promoting reform of the Fund to enable it to leverage its equity and tap into capital markets in support of Africa’s low-income countries.

The  US Congressional members and the Bank’s senior leadership  shared consensus on the transformative roles of women.  According to Adesina, the Bank, through its Affirmative Finance Action for Women initiative, would disburse $500 million to women businesses across the continent.  

Delegation members expressed strong support for the African Development Bank’s priorities and  appreciation of its development impact.

According to Congressman Butterfield, a constant refrain during the Africa visit was: “Congressman, we appreciate your aid but what we really want is trade and investment.”

Congresswoman Omar underscored the need for partnerships. She said: “We know Africa is resource-rich. Resources can only be well utilized if they are developed. Africa needs partners to prosper.” 

Congressman Bera stressed the need to address Africa’s governance issues and the importance of keeping revenue from its resources within African countries.

Discussions also covered the role of the African diaspora and the need to stem the brain drain of African professionals from the continent.    

Accompanying the African Development Bank president at the meeting were several senior officials of the institution, notably Senior Vice President Swazi Bajabulile Tshabalala, Vice President for Power, Energy, Climate Change and Green Growth Kevin Kariuki, Vice President for Agriculture, Human and Social Development Beth Dunford, Acting Chief Economist and Vice President for Economic Governance and Knowledge Management Kevin Urama. Others were Acting Vice President for Regional Development, Integration and Business Delivery Yacine Fal, Acting Vice President for Finance and Chief Financial Officer Hassatou N’Sele, and Acting Director-General, Office of the Bank President Alex Mubiru.

Joining virtually were the Bank’s Vice President for Private Sector, Infrastructure, and Industrialization Solomon Quaynor, and Senior Director of the Africa Investment Forum, Chinelo Anohu. The Africa Investment Forum, Africa’s premier investment platform, has played a key role recently in driving closer ties between the Bank and the US investment community as well as with certain business-related arms of the US government like the United States Trade and Development Agency. 

In late 2021, the Africa Investment Forum signed a memorandum of understanding with the US Trade and Development Agency to support high-quality infrastructure solutions for Sub-Saharan Africa.

Car Rental

Speeding Up the Car Rental Industry With a Customer-centric Marketplace: OneClickDrive

Car Rental

OneClickDrive is the UAE’s biggest car rental marketplace with more than 1300 verified listings. You can find every type or brand of car for hire in Dubai through the OneClickDrive website and mobile apps. We caught up with one of the founders – Vinay Pagarani – to know more about their exciting journey and impressive growth rate.

OneClickDrive is a platform that connects users directly to the listed car rental companies for the booking process. While other websites and apps allow online bookings and may charge additional fees (upfront or hidden), OneClickDrive is completely free of charge for its users. They don’t pay any commission, booking, or admin fees.

Customers can compare offers for every type of car and book one directly with the service provider. There are cars to suit all styles and budgets, from a convertible Ferrari and an exotic Rolls Royce to an economy Nissan Sunny and even a Toyota Land Cruiser SUV. Vinay Pagarani, Founder and Growth Manager, tells us more about the innovative firm.

“Build, collect feedback, and improve is our philosophy,” he begins. “We take user feedback and complaints very seriously. We have resolved 99% of issues. With our ever-growing experience of working with the local car rental market, we make sure to list only reputed car rental companies. In fact, we have delisted untoward partners in the past.”

It was in 2015 that OneClickDrive came into existence and this was at a time when the car rental industry was predominantly offline in Dubai. Most car sales relied on walk-in customers and outbound telesales marketing and Vinay tells us it was an arduous task to get people online and to adopt inbound marketing strategies. Yet the companies that initially partnered with OneClickDrive are still with the firm several years later.

Cut to the pandemic when walk-in customers completely vanished from the industry and OneClickDrive really came into its own. “We saw it as an opportunity in disguise and scaled up our digital marketing activities,” says Vinay. “Users found our partners’ fleet on OneClickDrive and booked with them instantaneously. A lot more companies came onboard soon after.”

“Among other things, User Experience is a prime factor we take into account,” elaborates Vinay. “Our website and app are constantly overhauled to deliver a better experience to our users. Feedback is collected on a regular basis and worked upon.”

Staff strive to stay constantly ahead of the game when it comes to the latest digital trends and are always exploring new avenues that can give OneClickDrive an edge over its competitors. In fact, OneClickDrive was the first to begin training its clients and their staff on not just using the platform but also about customer service and, to date, the firm regularly delivers inbound sales and communication training to ensure complete customer satisfaction each and every time.

The team at OneClickDrive is entirely capable, focused, and diverse. The culture is progressive yet flexible. “Together with an open plan office layout, we follow a flat hierarchy. Projects are assigned across teams so each one is up-to-date on developments and offers their two cents along the way,” Vinay shares.

Due to its hard work, diligence and devotion to customer care OneClickDrive was recently recognised in the MEA business Awards 2021 and named Best Car Rental Application Platform – Dubai, and Vinay has big plans for the future.

“We are working on a CRM SAAS for the car rental industry,” he enthuses. “One that’s closely aligned with the local UAE market and moving forward, as per international markets. This will catapult OneClickDrive to new heights in the region. Our main objective is to standardize the industry, streamline their operations and improve customer service.” “OneClickDrive is poised to expand globally. We hope to enter the European market as the Covid regulations are put at ease. While we already work with a number of companies online, local presence would speed things up.” The future looks promising for OneClickDrive, Vinay, and his team.

Download the OneClickDrive Car Rental Marketplace on your mobile phone: iOS App | Android App

For further information, please contact Vinay Pagarani or visit www.oneclickdrive.com

Arcade Centre

African Amusement Industry Operators Must Visit DEAL 2022 for Latest Concepts In Entertainment

Arcade Centre

African family entertainment centers, theme parks, and waterparks operators will stand to gain from the upcoming DEAL 2022 as it will showcase some of the most innovative and creative entertainment concepts. The 28th edition of the show is scheduled to take place at the prestigious Dubai World Trade Centre, during March 28th-30th. For more information on DEAL please log on to www.DEALmiddleeastshow.com.

“Africa as a continent is evolving and so are the economies within it. The millennials are looking for the latest entertainment concepts and they want to have the best entertainment destinations within their countries.  Their tastes and preferences are changing each day and they want to be at the forefront of the latest immersive entertainment concepts. With this change in behaviour they also need engaging and immersive experiences to support their entertainment appetite.  This has given rise to new gaming concepts such as VR and now they are further engaged by robots who can serve them food and beverages. DEAL 2022 is one such trade show that will help the African operators to meet with this burgeoning demand,” stated Sharif Rahman, CEO of International Expo Consults (IEC).

With 300 plus exhibitors from across 45 plus countries, DEAL 2022 is all set to bring the industry leaders and showcase concepts that are developed with the current requirements of the fast-paced generation.

“Africa’s population is set to grow to 2.3 billion by 2050. In contrast to the rest of the world, however, its booming population is getting younger. Experts believe that the next big thing for the entertainment and leisure industry especially in the African region would be driven by virtual reality technology.  Several DEAL 2022 exhibitors from across the globe would be showcasing a plethora of concepts that the African FECs and Amusement operators to choose from. Soon theme park enthusiasts strapped with VR paraphernalia, will enter worlds that were literally impossible to recreate,” added Mr.Rahman.

IEC CEO further stated that, “This is a great business opportunity for mall owners, real estate developers and other stakeholders in Africa, planning to launch or grow their unique projects embedded with a gaming / entertainment zone.  DEAL 2022 will provide the right platform to create a win-win-win situation for the exhibitors, visitors and the end consumers who will experience these amazing concepts.”

On the growth of the virtual reality concepts, Mr. Rahman, stated that,“ Today, the entertainment aspect is an integral part of any retail megamall. The key reason is to increase the footfall of people and eventually increase sales. The African stakeholders who visit DEAL can also visit the VR Parks in UAE to know the potential and also to know how they are growing their revenues. The facility can remain the same, however, the software and the games need to be upgraded and changed which is not as expensive as changing the whole interiors of the facility. In Dubai, there are many options for VR based rides in Virtual Worlds, Magic Planet among others, an exclusive VR Park in Dubai Mall has changed the face of entertainment in the city”.

DEAL 2022 will take place within the mega World EXPO 2020 Dubai calendar months which is scheduled between 1st of October 2021 and 31st March 2022. The DEAL show organisers urge the participating exhibitors to plan their trip in advance to also witness this multi-billion-dollar event.

Food for Future

UAE to Fortify World’s Food Security and Climate Change Drive with the Opening of Food for Future Summit and Global Agtech Expo

Food for Future
  • Ministers from Africa, the Middle East, the Caribbean, and Europe to feature in the speaker line-up
  • Event propels UAE into global challenge leadership role

Dubai will be front and centre of the global food security and climate change drive when the first-of-its kind Food for Future Summit and Global Agtech Expo open at Dubai Exhibition Centre (DEC) at Expo 2020 Dubai on Wednesday 23 February.

Hosted by the UAE Ministry of Climate Change and Environment, with the United Nations Food and Agriculture Organization (FAO) as strategic partner, the inaugural summit and expo have attracted scores of world leaders and food and agriculture innovators for a timely and vital gathering designed to facilitate action for tackling food security and its climate impact.

The summit comes as governments and the global food ecosystem look to address an impending agricultural shortfall in feeding a growing global population, anticipated to cross 10 billion by 2050.

With over 100 global leaders, policymakers, 50 start-up innovators and over 140 exhibitors from more than 60 countries, to share trends and solutions, the ‘Food for Future’ Global Leadership Symposium, featuring a keynote address by H.E. Mariam Al Mheiri, UAE Minister of Climate Change and Environment, will strongly reinforce the country’s status as an industry enabler.

The partnership with FAO – the first time in the MENA region a government ministry has come together with the UN organisation in an issues-focused think tank – underlines the UAE’s leadership in addressing global food security and the climate change agenda by bringing local and international ministerial delegations and leading NGO executives under one roof.

The powerful speaker line-up includes Ban Ki-moon, 8th UN Secretary-General and Co-chair of the Ban Ki-moon Centre, Qu Dongyu, Director-General of the Food and Agriculture Organization of the United Nations and the City of Milan, who will address the gathering virtually. On stage, ministers and ministerial representatives from Nigeria, Ghana, Lebanon, Spain, the Bahamas, the United Kingdom and Ukraine, amongst others, will be joined by leading officials from the UN, FAO, the World Bank, World Food Programme, AGRA, CGIAR, Irish Food Board, the Bill & Melinda Gates Foundation and the Singapore Food Agency, as well as C-suite from multi-national food producers.

With over 130 hours of empowering content featuring more than 200 speakers and 14 ministers, the summit will include FAO MENA Agrifood Innovation Days to foster public-private sector engagement in transforming the region’s agrifood systems. The FAO will hold two high-level sessions on Committee on World Food Security Voluntary Guidelines on Food Systems and Nutrition, and Trade, Innovation and Technology as Enablers for Food Security.

FAO Assistant Director-General and Regional Representative for the Near East, and North Africa, Abdulhakim Elwaer, said the Innovation Days will bring cities and municipalities, academia, and civil society together in a common goal. He said: ‘Innovation is a key driver — it helps in transforming our agrifood systems to be more efficient, inclusive, resilient and sustainable for better production, better nutrition, a better environment, and a better life for all.’

The Ban Ki-moon Centre for Global Citizens based in Vienna will also be at the Summit to, in the words of its CEO Monika Froehler, represent a ‘wide environmental portfolio.’

‘Climate change affects agriculture, food and the stability of food systems leading to hunger and poverty. Not all communities have the same capacity to adapt to climate change, and those in fragile areas and living in poverty are most vulnerable. As we work together to strengthen global food security and increase agricultural development aid, we must champion climate-resilient agriculture and smallholder farmers,’ said Ms. Froehler.

The summit will also host ‘Making It Happen’ sessions, bringing industry leaders together to focus on regional innovation and technology-enhanced agriculture and supply chain to make farming more efficient and sustainable. The sessions will explore end-to-end IoT solutions to drone and satellite monitoring, robotics, AI and supply chain with Distributed Ledger Technology (DLT) to optimise food production along the value chain and reduce waste.

 

Empowering Community Change

The summit’s Generation Food stage will host workshops spanning topics related to food for the future global population. The interactive sessions will highlight expert views on how food can be more sustainably and healthily produced, improved, and consumed. The stage will also be home to the ‘Thought for Food MENA Challenge’ start-up showcasing ambitious entrepreneurs will vie for a cash award to progress their innovations.

The ’Food for Future’ and ‘Global Agritech’ shows will see exhibitors display the technology and methodology for future food production and waste reduction, opening rich business opportunities. They will also feature the region’s first FoodWise Challenge for schools and universities and see 170 young food system transformers from 11 countries pitch their solutions in the TFF 2022 MENA Agri-Food-Tech Challenge pitch their innovations for funding support.

‘Food for Future Summit and Global Agtech Expo will be a watershed moment in the evolution of public-private sector commitment to change,’ said Trixie LohMirmand, Executive Vice President, Events Management, Dubai World Trade Centre (DWTC), the event organisers. ‘It will be an empowering event inspiring a radical food security rethink by uniting the industry, governments and NGOs to ensure a food secure world.’

Growth Strategy

Businesses Must Rethink Growth Strategies As People Examine Relationships With Work, Technology, Brands and the Planet

Growth Strategy

Finds Accenture’s Annual Fjord Trends Report 2022, which investigates human behaviors that will affect culture, society and business in the coming year

Nearly two years of disruption to the fabric of society has resulted in a collective shift in people’s relationships with work, consumerism, technology and the planet, pushing companies to design new ways of doing business, according to the annual Fjord Trends report from Accenture.

In its 15th year, Accenture Interactive’s latest Fjord Trends report provides practical guidance as companies look to deliver value and relevance to their customers, employees and society.

According to the report, newly identified behaviors will challenge businesses to rethink their approach to design, innovation and growth as a result of the shifts in employee expectations and mindset, scarcity caused by disrupted supply chains, and new virtual environments such as the metaverse.

“Don’t underestimate the degree of relationship change we are seeing — or the role of business in responding to it,” said Mark Curtis, head of global innovation and thought leadership at Accenture Interactive. “The choices that businesses make next might affect our world and its structure in more ways than we can imagine, and it all points to shifts in people’s relationships — with colleagues, brands, society, places and with those they care about. There are challenging times ahead, but also great opportunities for businesses to stitch together positive relationships to create a fabric of life that is good for people, society and the planet.”

Fjord Trends 2022 investigates human behaviors that will affect culture, society and business in the coming year 

Fjord Trends 2022 dives into five human behaviors and trends bound to affect society, culture and business: 

  • Come as you are: The growing sense of agency that people have over their lives two years into the pandemic is affecting the way they work, relate and consume. People are questioning who they are and what matters to them. The rising individualism underlined by a “me over we” mentality has profound implications for organizations in how they lead their employees, how they shape a new employee value proposition, and how they nurture company-customer relationships.
  • The end of abundance thinking?: Over the past year, many have experienced empty shelves, rising energy bills, and shortages in everyday services. While supply chain shortages might be a temporary challenge, the impact will persist and lead to a shift in ‘abundance thinking’ – built on availability, convenience and speed – to greater consciousness about the environment. Businesses must address the availability anxiety experienced by many around the world.
  • The next frontier: A cultural explosion waiting to happen, the metaverse will be a new frontier of the internet, combining all the existing layers of information, interfaces and spaces with which people interact. It offers a new place to make money, is creating new job types, and offers infinite brand possibilities that people will expect businesses to help build and navigate. And it won’t just exist through screens and headsets — it will also be about real-world experiences and places that interact with the digital world.
  • This much is true: People now expect to ask and have questions answered at the touch of a button or through a brief exchange with a voice assistant. The fact that it’s so easy and immediate means people are asking more questions. For brands, the range of customer questions and the number of channels for asking them is growing constantly. How to answer them is a major design challenge, a critical driver for trust, and a future source of competitive advantage.
  • Handle with care: Care became more prominent this past year in all its forms: self-care, care for others, the service of care, and the channels to deliver care, both digital and physical. This is creating opportunities and challenges for employers and brands, regardless of their health or medical credentials. The responsibilities around caring for ourselves and others will continue to be prioritized in our lives. Designers and businesses alike need to make space for being able to practice care.  

“As consumers overhaul all of their relationships, brands will be faced with two big responsibilities: taking care of the world today while also building its future in a way that’s good for the planet, for business and for society,” said David Droga, CEO and creative chairman of Accenture Interactive. “The key lies within deeply understanding the impacts of those relationships and aspirations and converting them into potent business strategies that drive relevance and growth.”

Each year, Accenture publishes a trilogy of trend reports, offering a comprehensive view into the future of people, technology, and business. Fjord Trends, which is focused on customer behavior and its resulting impact on society, culture and business for the coming year, is crowdsourced from across Accenture Interactive’s global network of 2,000+ designers and innovators in more than 40 locations.

Sustainable Disposal

Best Eco-Friendly Waste Food Disposal Solution 2021 LFC® Biodigester – Power Knot

Sustainable Disposal

Recognized as the Best Eco- Friendly Waste Food Disposal Solution, Power Knot’s LFC Biodigester is renowned for disposing of food matter waste within 24 hours. The company, alongside Power Knot Middle East, has recently collaborated with Microsoft Dubai to create the first solar-powered biodigester in the world.

Power Knot is the market leader for onsite organic waste management solutions and provides economically sound solutions solutions to commercial, industrial, and military companies implementing environmentally conscious changes within their businesses by reducing carbon footprints and greenhouse gas (GHG) emissions.Power Knot manufactures the internationally recognized, fully enclosed automatic waste digester called the LFC biodigester. By offering its LFC biodigester, Power Knot is introducing ways to achieve corporate sustainability goals while optimizing operations – this also saves a huge amount of money for each customer.

Manufactured in the USA, the LFC biodigester is a machine that digests food waste in an environmentally friendly way. Usually installed in a commercial kitchen, the machine reduces expenses, inconvenience, mess, and carbon footprint by disposing of waste food that would otherwise end up in landfill. Power Knot offers ten different sizes that digest from 9kg (20lb) per day to 3,000kg (6,600lb) per day of food waste. With many hundreds of installations globally, the LFC biodigester has proven to be reliable, safe, and cost-effective.

The LFC biodigester plays a significant role in the reduction of landfill waste, while also enabling companies to comply with new environmental laws, achieve corporate sustainability, reduce greenhouse gasses, and optimize operations. The food waste digester machine uses a series of processes that include microorganisms to break down food and transform it into liquid. By using the LFC biodigester, companies can save the space and energy that would normally be used to remove the unwanted food scraps from their facility, with there being no need to collect, transport, or pile it up in a landfill. For its innovation and technology, MEA Market has awarded the LFC biodigester the Best Eco-Friendly Waste Food Disposal Solution 2021 Award.

Most recently, Microsoft Dubai joins Dubai Municipality, Beeah, RAK Waste Management Authority Headquarters, DULSCO and Accor group, Hilton, Marriott, Rotana, and Mandarin Hotel Group in utilizing an LFC biodigester as their food waste solution. The Dubai office has implemented an exciting initiative: a solar-powered LFC biodigester for their restaurant. Microsoft purchased the LFC biodigester to help it achieve its goals of becoming carbon-negative, water-positive, and zero-waste by 2030. The digestate that the machine outputs is then used as a plant-organic fertilizer to create an even better working environment.

James Spearman, the UAE Sustainability lead at Microsoft commented, “By implementing the biodigester system here in our Dubai office, we’re able to process our food waste locally, directly contributing to those three goals and making our office and, ultimately, the planet, a more sustainable place to work.”

For further information about Power Knot, please visit powerknot.com

 

Sustainable Food Systems

New Zealand’s Leadership in Sustainable Food System Shines During Food, Agriculture and Livelihoods Week at Expo 2020 Dubai

Sustainable Food Systems
  • New Zealand policy makers, experts and innovators will lead the global call for collaboration to solve the challenge of sustainably feeding future generations.
  • Attended by Hon. Damien O’Conner, Minister of Agriculture and Minister for Trade and Export Growth – New Zealand Government (virtually), Hon. Dr Ayesha Verrall, Minister for Food Safety, New Zealand Government (virtually), Dr. Suzie Newman, Head – International Development & Aid, Plant and Food Research (New Zealand), Sharl Liebergreen, Consultant, AbacusBio (New Zealand), Sue Bidrose, CEO, AgResearch (virtually), Volker Kuntzsch, CEO, Cawthron (virtually)

New Zealand has partnered with Dubai Chamber of Commerce and Industry to deliver Expo 2020 Dubai’s Thematic Business Forum on 21 February during Food, Agriculture and Livelihoods Week. New Zealand G2G, a joint venture between New Zealand Ministry of Foreign Affairs and Trade (MFAT) and New Zealand Trade and Enterprise (NZTE), has led the engagement for New Zealand.

The Food, Agriculture and Livelihoods Business Forum will convene leaders across governments, businesses and the science community to discuss how to sustainably grow food to meet future demand. They aim to address the urgent need to transform the world’s food and agricultural systems to feed 10 billion people by 2050, within environmental limits.

H.E. Mariam Almheiri, UAE Minister of Climate Change and Environment, will give a keynote address on advancing the global transition to sustainable food systems as well as provide insight into the climate priorities identified by the newly formed Agriculture Innovation Mission for Climate (AIM for Climate).

H.E. Dr. Shaikha Al Dhaheri, Secretary General, Environment Agency – Abu Dhabi (EAD) and Essa Abdul Rahman Al Hashemi, Head of the UAE Food and Water Security Office (UAE), will share progress updates on the UAE’s National Food Security Strategy, and give insight into how the UAE and New Zealand are collaborating to identify more sustainable uses of water resources for local crops.

Other topics being covered during the forum include the importance of public-private collaborations in the global agricultural ecosystem, effective use of resources for farmers, modern food safety systems, livestock productivity, and the role of technology in solving challenges to global food systems.

New Zealand was selected by Expo 2020 Dubai and Dubai Chamber to co-curate the business forum because of its leadership in sustainable food systems, smart applied science and proven track record of producing high value products. New Zealand is recognised globally as one of the most progressive agricultural and aqua cultural nations – its food sector feeds around 40 million global consumers each year, eight times its population.

A delegation of some of New Zealand’s top experts in sustainable food systems will lead discussions during the forum and showcase examples of joint research initiatives that are supporting a more reliable supply of nutritious food to the global population. Among them are:

  • Damien O’Conner, Minister of Agriculture and Minister for Trade and Export Growth – New Zealand Government (available virtually). He will discuss the transition to positive food systems and how natural resources can be utilised sustainably.
  • Dr Ayesha Verrall, Minister for Food Safety, New Zealand Government (available virtually). She can provide an overview of the importance of a robust and international standards-based food safety system – from policy, to regulation and operational systems designed to reduce risk and waste, and enhance export capabilities.
  • Suzie Newman, Head – International Development & Aid, Plant and Food Research (New Zealand), takes a closer look at how small-hold farmers can use resources more effectively to enhance yields and economic returns. She will be joined by project leads from current field work cases in India and Vietnam.
  • Sharl Liebergreen, Consultant at world-leading agribusiness consulting firm AbacusBio (New Zealand), will be joined by Dr. Mamdouh Alsharari, Deputy Director General – Animal Production General Department, at the Saudi Ministry of Environment, Water and Agriculture. Their discussion will focus on sharing best practice to solve challenges around improving long-term productivity of local livestock in KSA.
  • Joining the Business Forum virtually, will be Sue Bidrose, CEO of AgResearch – a leading New Zealand Crown Research Institute, as well as Volker Kuntzsch, CEO, of Cawthron – New Zealand’s largest independent science organisation. Bidrose will join the discussion on modern food safety systems while Kuntzsch will discuss the role of technology, governments and businesses in reshaping the future of food and agriculture. 
  • Several other New Zealand Agritech companies will also present during the Business Forum and attend the Future Food Summit taking place from 23 to 24 February at Expo’s Dubai Exhibition Centre. Among them are Gallagher, a global leader in the innovation, manufacture and marketing of animal management, security, fuel systems and contract manufacturing solutions, who will speak about their virtual fencing solution eShepherdTM; and LIC, a herd improvement and agri-technology co-operative that empowers farmers through the delivery of superior genetics and technology- including using satellites for pasture evaluation.  For more details about full New Zealand delegation attending Expo’s Food, Agriculture and Livelihoods Week, visit New Zealand Agritech in the UAE | NZTE.

When: 21 February 2021
Where: Dubai Exhibition Centre (DEC) Hall 1 North, Expo 2020 Dubai 

 

Other New Zealand activities during Food, Agriculture and Livelihoods Week:

New Zealand’s leadership in sustainable food systems and agritech innovations will be shared throughout the thematic week at Expo 2020 Dubai with a number of the country’s foremost scientific experts presenting at World Majlis events.

 

New Zealand Experts at World Majlis Events
Food Agriculture and Livelihoods Week, Expo 2020 Dubai

Kelvin Wickham
CEO AMENA Fonterra


Farms of the Future: Feeding the Planet with Technology
Australia Pavilion
17 February, 4-6pm

By 2050 we will need to feed two billion more people. How can the world ensure the availability of food while simultaneously cutting down on the environmental harm caused by agriculture? What future innovations will help farms be more productive, while reducing their environmental impact?

Associate Professor Miranda Mirosa, Department of Food Science, University of Otago New Zealand …together with Louise Nash, Founder and CEO of Circularity.

 

The Value of Food: Rethinking the Cycle of Food Waste(co-curated by New Zealand and Expo 2020 Dubai) 
Terra Pavilion

20 February, 4-6pm.

Approximately one third of the food we produce each year is lost or goes to waste. This creates massive inequalities within populations, causing problems of obesity in some places while, elsewhere, others starve. Moreover, there is an environmental impact. How can we innovate and invest to make supply chains more efficient and reduce waste? How can we make the most of the food that is produced before it is gone

Dr. Suzie Newman
Head – International Development & Aid at New Zealand Crown Research Institute Plant and Food Research

 

Women’s World Majlis: From Farmer to Boss Lady:Developing a Gender-equitable Agricultural Sector
Women’s Pavilion

21 February, 3-4.30pm.

Women produce more than 50% worldwide, and up to 80% of national output in some countries, yet women are barely represented in the rest of the global food value chain. This session will explore gender equitable employment and decision-making in the food and agriculture sector, and the impact that gender-inclusive agriculture has on ending hunger and poverty and promoting sustainable development.

Dr Brent Clothier Principal Scientist with Plant & Food Research and President of Royal Society Te Apārangi

 

Food for Thought: How We Will Eat in the Future
Italy Pavilion

22 February, 4-6:00pm

Food is living knowledge and tradition, passed down through generations. As we tackle the challenge of exploring new food to feed a growing global population within the limits of our planet, the question of what are we going to eat in the future is also a matter of balancing culture and innovation.

New Zealand Crown Research Institute, Plant and Food Research, will also exhibit its “From This Land” photo-story exhibition at the New Zealand Pavilion from 17-19 February. Showcasing its partnerships in Vietnam and Cambodia, the exhibition comprises 18 portraits, other photos, text, video and a podcast series, from four agricultural development projects to give Expo visitors insight into the experiences and dreams of farmers, agronomists, business-owners, scientists and others as they work together to create more sustainable food systems.

All New Zealand entities will have representatives available for media interviews or comment during Food, Agriculture and Livelihoods Week.

Skills

New Digital Skills Index from Salesforce Reveals 76% of Global Workers Say They are Unequipped for the Future of Work

Skills
  • There is a major gap emerging between everyday digital skills and those needed for work, especially among younger workers
  • Using collaboration technologies is viewed as the most important digital workplace skill for workers over the next five years

Salesforce, the global leader in CRM, today published its new Global Digital Skills Index, revealing a growing global digital skills crisis and an urgent need for action. The Salesforce Index is based on more than 23,000 workers in 19 countries reporting their readiness to acquire key digital skills.

Nearly three-quarters of respondents (73%) don’t feel equipped to learn the digital skills needed by businesses now and even more (76%) don’t feel equipped for the future. Despite 82% of survey respondents planning to learn new skills in the next five years, only 28% are actively involved in digital skills learning and training programs now.  

 

The global digital skills gap

This gap is a concern – but it also presents an opportunity. With companies around the world rapidly transitioning to digital-first models, the demand for employees with digital skills has soared. 

The Salesforce Index’s overall global score for digital readiness, assessed in terms of preparedness, skill level, access, and active participation in digital upskilling, is currently only 33 out of 100. The countries represented in the survey ranged from scores of 63 to 15, highlighting that while certain countries feel more digitally ready than others, there is an urgent need for global investment to close the digital skills gap and build a more inclusive workforce. 

 

Everyday digital skills don’t translate to the workplace

Everyday skills such as social media and web navigation don’t necessarily translate to the core workplace digital skills needed by business to drive recovery, resilience, and growth.

More than two thirds of all Gen Z respondents (64%) say they have advanced social media skills — supporting the stereotype of digital mastery among the younger generation — but less than a third (31%) believe they have the advanced digital workplace skills needed by businesses now. 

 

Generational skills gap

However, the Salesforce Index also reveals that younger respondents have the greatest confidence and ambition to learn new skills — over one-third of Gen Z is actively learning and training for skills needed over the next five years compared to 12% of Baby Boomers.  

 

The most important digital skills needed by businesses today

According to the Salesforce Index, skills in collaboration technology are viewed as the most important digital workplace skill for workers today and over the next five years. But despite respondents’ prowess with everyday collaboration technology like social media, only 25% rate themselves advanced in those collaboration technology skills needed specifically for the workplace. 

 

Salesforce Global Digital Skills Index: In-Depth Insights from 23,000 Workers

Learn more about the findings from the Global Digital Skills Index in our in-depth article.

 

Business has a critical role to play

Now more than ever, businesses have a responsibility to act to address the growing global skills gap. Salesforce is committed to investing in the future workforce through its diverse set of workforce development programs, including:

  • Trailblazer Community, a global network of 15 million people across the Salesforce ecosystem who help each other learn new skills and succeed with Salesforce. 
  • Trailhead, Salesforce’s free online learning platform which has helped more than 3.9 million people skill up for the future of work.
  • Pathfinder Training Program, a workforce development program that prepares individuals with the technical, business, and soft skills needed to pursue a career in the Salesforce ecosystem.
  • Salesforce Military, which offers free online training classes and certification exams at no cost for active-duty military, veterans, and military spouses. Salesforce also connects participants with potential employers.
  • Salesforce Talent Alliance, an initiative that connects Salesforce partner companies to job candidates trained on Salesforce through Trailhead and brings new talent into the fast-growing ecosystem.
  • Trailblazer Connect, which helps people connect to mentorship and career opportunities through events and online resources.
DubaI

RICS UAE Commercial Property Monitor – Q4 2021

DubaI

80% of survey participants report seeing re-purposing of office space, but over half still view the office as essential for a company to operate successfully

Despite, COVID developments there is a recovery in tenant demand across the office sector during Q4

 

Property experts have seen positive movements in investment trends across commercial property in the UAE during Q4, while owners continue to diversify the way we use office space. This according to the latest RICS Global Commercial Property Monitor.

Across all sectors, investment enquiries rose for the first time since the start of 2015, leading to capital value expectations rising for the year ahead. The strength of the industrial sector continues to edge ahead, with a net balance of +37% of respondents expecting prime industrial values to increase over the next twelve months. The outlook is also positive for prime office values, as a net balance of +30% of respondents foresee an increase during 2022 (the third successive report of growth).

Looking at the alternative sectors, respondents project an uplift in capital value expectations for data centres, multifamily residential, hotels and student housing. However capital values for aged care facilities are likely to rise at a slower rate than in Q3.  

As over half of respondents (+51%) believe the market to be in the early phase of an upturn, despite some impact from the latest COVID wave, respondents are more optimistic about the future of the UAE commercial property, with owners in the office sector looking at how to attract employees and occupiers back. 

As countries learn to live with COVID, 55% of respondents in the UAE still believe an office is essential for a company to successfully operate. However, 78% of contributors report that they are seeing an increase in demand for more flexible and local workspaces and over half (54%) have reported an increase in space allocation per desk following the pandemic; all highlighting how occupiers are making the office place safe and attractive for employees once more.

But traditional set ups are changing as 80% of respondents are seeing a re-purposing of office space.

Interestingly as UAE office space looks to be repurposed, investment enquiries from the UAE and overseas increased this quarter.

 

Industrials

Growth across the industrial sector continues to intensify with availability of units failing to keep up with demand. This quarter, 33% of respondents saw an increase in the number of enquiries for industrial units whilst only +8% reported an increase in availability.  This imbalance means that over two-fifths of respondents anticipate industrial rents rising in the coming three months. Industrials are also slightly ahead of other sectors for rental and capital value growth over the coming 12months too.

 

Retail

The retail sector saw its first increase in occupier demand since Q3 2015 this quarter.  Investment enquiries also rose this quarter with +18% of respondents reporting a rise in domestic enquiries and +26% reporting a rise in foreign investment enquiries.  32% of respondents report that capital value expectations for the year ahead also improved and it is the third consecutive report where respondents have pointed to further growth in the retail sector.   

Tarrant Parsons, RICS Economist, commented: “At the aggregate level, MEA saw arguably the strongest improvement in sentiment compared to all world regions during Q4. Driving this, investment enquiries are now reportedly rising across all market sectors, with Saudi Arabia seeing a strong trend in investor appetite emerging. The turnaround evident within the UAE is also noteworthy, with investor demand now appearing to have more momentum than at any other point since 2014 as the market finally seems to be on a recovery path following a challenging few years. That said, conditions remain difficult across some parts of the region, and the pandemic still of course has the potential to knock confidence going forward if developments were to take a turn for the worse.”

Ransomware

Financial Services Companies Could Face Ransomware Vulnerabilities for Another Two Years

Ransomware

Organisations in the sector need an additional $2.61m and 29 new IT staff each to tackle the ‘vulnerability lag’ caused by COVID-led digital transformation, finds research from Veritas

The financial services sector is falling behind other industries when it comes to bridging the gap between the new technologies they have rapidly introduced to deal with COVID-19 pandemic, and the security measures required to protect them, according to research from Veritas Technologies, the global leader in enterprise data protection.

The Veritas Vulnerability Lag Report, surveyed 2,050 IT executives from the UAE and 18 other countries, including 245 respondents from the financial services sector. It discovered that companies in the financial services space were more likely to be struggling to keep pace with their security than those from most other sectors, with nearly half (48%) stating that their data security was lagging behind their digital transformation deployments. The average across all industries was 39%.

 

As a result, financial services companies are leaving themselves exposed to an increased risk of ransomware and other data loss incidents. The heightened threat to the sector is set to continue for another two years as organisations struggle to close the gap.

Johnny Karam, Managing Director & Vice President of International Emerging Region at Veritas Technologies, said: “In line with the UAE government’s ambitions to establish a strong digital economy, the UAE financial services sector has made significant strides in introducing new technologies and services to cater to evolving customer needs. However, the COVID-19 pandemic threw a curveball that no one could have seen coming, forcing organisations around the world to make transitions more rapidly than they anticipated. This has meant that the pace of security rollouts to protect this innovation has lagged behind, leaving them badly exposed to digital risk.

“In the UAE, we’re seeing businesses across all industries make strong progress with their data protection efforts. Unfortunately, the global financial services industry still has a long way to go. The good news is companies in this sector are beginning to redress the balance: 16% are confident that they will be able to close the gap this year.”

Financial services organisations that want to eliminate their vulnerability lag within 12 months would need to spend, on average, an additional $2.61m and hire 29 new members of IT staff. $2.61m is 5% more than the average required across all sectors, which may be disappointing news for IT leaders in the sector, given that they already typically spent 19% more than their peers on IT initiatives last year.

Financial services companies were also less likely to have the funds required to take action everywhere that their security was lagging. 43% of respondents in the financial sector said that they lacked the funds to close all of their gaps, compared to 28% of energy companies and just 25% in the public sector.

 

Expansion of cloud increases the risk of ransomware

Cloud environments are most at risk while this vulnerability lag persists: 82% of financial services respondents have implemented new cloud capabilities or expanded elements of their cloud infrastructure beyond their original plans because of the pandemic. With organisations having introduced an average of six new cloud services in the last twelve months alone, 54% of respondents said that they had gaps in their cloud protection strategy – more than any other area.

Responding to the global survey, three in five IT leaders at financial services organisations said that security risks have risen due to COVID-led digital transformation initiatives, with 44% specifying that the risk of ransomware attacks in particular, had increased.

Business operations have already suffered due to the vulnerability. 89% of financial services stated that their organisation had experienced downtime in the last 12 months, not least because, on average, financial services were the victims of 3.22 ransomware attacks which caused disruption and downtime to their businesses – this is nearly a third (32%) higher than the average across all sectors.

Karam said: “While the pressures that COVID-led digital transformation put on IT departments weren’t unique to the financial services sector, its position as a highly-attractive target to hackers may have meant that the industry has felt them more acutely. With hackers beating at the door, and limited resources to push them back, it can feel like the IT team is between a rock and a hard place. However, astute IT leaders are finding a third way: partnering with data protection providers that can minimise the admin burden of data protection through simplified tools leveraging AI and machine learning. Taking this approach can help financial organisations to accelerate their security rollouts and stop their protection infrastructure lagging behind their digital transformation.”

Digital Hub

The Launch of MoroccoTech Seeks to Establish Morocco As One of the Best Digital Hubs in Africa

Digital Hub

The launch event for MoroccoTech Brand is expected to be a mega-show with the presence of Government representatives and renowned names from the private sector, with the event is already generating a lot of buzz in the media and in the industry circles

MoroccoTech is officially scheduled to be launched on 14th January 2022. it will be launched by the Minister for Digital Transition and Reform of the administration, Dr. Ghita MEZZOUR (Digital Expert and PhD from the School of Computer Science at Carnegie Mellon University in Pittsburgh, PA). This is expected to be a significant event that will propel Morocco as a digital hub destination for companies across the globe. The event will be broadcast worldwide by several media organizations, reaching millions of viewers, leading to substantial exposure for the brands and business sponsors.

Emphasizing the objective behind the launch of the MoroccoTech, Dr. Ghita MEZZOUR remarked, “MoroccoTech is a movement, a brand, and a commitment to strengthen Morocco’s position as a regional digital hub”. The theme of the event is aptly summarized by its slogan, “Be Bold, Be Digital”.

This prominent launch event will feature top dignitaries, prominent industry leaders and influencers from various sectors. Government representatives expected to participate in the event include Dr. Ghita Mezzour (Minister Delegate in charge of Digital Transition and Reform of The Administration), Mr. Mohcine Jazouli (Minister Delegate in charge of Investment, Convergence and Evaluation of Public Policies), and Mr. Younes Sekkouri (Minister of Economic Inclusion, Small Business, Employment and Skills).

Representatives from private sector who will grace the event include Mr. Chakib Alj CEO of CGEM (General Confederation of Moroccan Companies), Mr. Amine Zarouk President of APEBI (Moroccan Federation of Information Technologies, Telecommunications and Offshoring), Mr. Mehdi Alaoui (Vice- President of APEBI Federation) and Mr. Mohamed Saad President of AUSIM (Association Of Users Of Information Systems In Morocco).

“This is going to be a major show for us.” says a spokesperson from the organizing team. “We are committed to promoting Morocco as the best digital destination in Africa that offers favorable ecosystem supporting innovative, sustainable and responsible work ethics. This is going to be the gold standard as we move towards an economy that will power the next wave of global innovations”.

The event will also have a galaxy of influential speakers sharing their experience and thoughts with the audience. The panel discussions have been organized around relevant key issues to uncover challenges and solutions. These discussions are expected to throw insights on several parameters that are going to drive the success of MoroccoTech movement.

The event will shine a spotlight on sustainable products and technologies by innovative companies in sectors such as FinTech, AgriTech, HealthTech, and GovTech. And these will gain further traction when they are streamed across the various networks & channels.

Digital and tech innovation is at the heart of Morocco’s economic transformation through innovation- led growth, as the country seeks to become an international digital hub and the best techshoring destination in Africa. Sector-specific developments are setting a precedent for the wider economic growth, as both the private and public sectors consider adoption of new technologies as a way to increase efficiency.

Over the last few years, Morocco has been able to capitalize on its the quality of its young talents, its proximity to European markets, as well as its regionally competitive telecommunication infrastructure and multilingual workforce, to achieve reasonable success in building up a digital hub model. The country has now embarked on a mission to develop MoroccoTech Ecosystem, as it realizes the enormous contribution it can make to the economic growth. digital is a promising sector and great opportunity for the national economy because of its potential to create jobs for youth and its contribution to the country’s balance of trade.

Cleantech

World Future Energy Summit 2022 Speaker Programme to Spotlight Five Critical Industries Driving Sustainability and Cleantech Globally

Cleantech

275 leading global experts and CEOs to address forums on Solar & Clean Energy, EcoWASTE, Water, Smart Cities and Climate & Environment

The World Future Energy Summit 2022, hosted by Masdar, Abu Dhabi Future Energy Company, held in partnership with the Abu Dhabi Department of Energy and NEOM as part of Abu Dhabi Sustainability Week, will put the spotlight on five critical industries that are shaping sustainability and driving investments globally.

The Solar & Clean Energy, EcoWASTE, Water, Smart Cities, and Climate & Environment forums which will take place from 17 – 19 January at the World Future Energy Summit, will feature more than 275 industry leaders, who will share their insights with the Middle East’s most powerful investors, policy makers, business leaders, project owners, entrepreneurs, and technology pioneers.

These five industry forums at the world’s leading business event for clean energy and sustainability, provide valuable, free-to-attend platforms to access great industry content, participate in debates and panel discussions, along with exploring the latest case studies and trends from the industry.

Grant Tuchten, Group Event Director at World Future Energy Summit, said: “These five forum programmes at the World Future Energy Summit 2022 bring together leaders and stakeholders driving the sustainability agenda, though leadership and global investment strategy. Attendees can network, do business and share knowledge about issues critical to sustainable development.”

The forums provide the perfect platforms for global stakeholders to network and do business, and in turn drive clean energy and sustainable development in the MENA region. Frost & Sullivan estimates that additional investment in solar in MENA could reach US$182.3 billion by 2025. At the same time, Dubai’s Clean Energy Strategy 2050 epitomises public-private partnerships widely viewed in the industry as the most efficient way to move forward.

The Solar & Clean Energy Forum will discuss energy transition, hydrogen (including the UAE national strategy for hydrogen) net zero energy, sustainable finance, and energy storage. Key speakers include Hind Almutawa, Director of Electricity and Energy Trade, Ministry of Energy & Infrastructure, UAE; AbdulAziz Al Obaidli, Director of UAE Assets, Generation, Taqa; Bruce Stedall, Asset Management Director, Transco; Ahmed AlMazrouei, Director, Electricity & Energy Trading Department, Ministry of Energy & Infrastructure, UAE; Lukas Sokol, Head, City Design, Sustainable Planning & Approvals, Masdar; Carmen Vidal, Chief Procurement Officer, Engie; and Mothana Bahjeat Qteisha, Senior Managing Director, MEA & APAC, Jinko Power.

Waste management targets set by the UAE include treating 75 percent of municipal solid waste by 2025 and 85 percent by 2035, as well as reducing municipal solid waste generation to 1.4kg per person per day by the year 2025. The EcoWASTE Forum will examine new attitudes to waste management, the benefits of reducing, reusing, and recycling, and evolving approaches to waste. The forum will explore other key trends including the circular economy, connected equipment and automation, waste to Hydrogen, landfill reduction strategies, and approaches to dealing with major waste sources.

Confirmed speakers for the EcoWASTE Forum include Daker El Rabaya, Managing Director of Waste Processing, Treatment and Disposal, Bee’ah; Pablo Arribere Jimenez, Senior Director – Operational Excellence & Innovation, Bee’ah; Ali Moidu, CEO, Dubai Technologies; Naseebah AlMarzooqi, Director of Studies, Research and Development, Ministry of Energy & Industry, UAE; and Franco Lusuriello, CEO, BTS Biogas.

Arab countries are home to six per cent of the world’s population but have less than two percent of renewable water supply, according to the World Bank. To ensure its own water security, the UAE has announced three additional seawater desalination plants to be completed by 2023, with a combined capacity of 420 million imperial gallons per day.

The Water Forum will explore these developments and will feature world class speakers including Dr Corrado Sommariva, CEO & Founder, SWPC; Fatima Al Shaygi, Vice President of Thermal & Water, Taqa; Rami Ghandour, Managing Director, Metito Utilities; Dr Shehab Al Ameri, Water Asset Division Manager, Transco; and Dr Mohamed Abdel Hamyd Dawoud, Advisor – Water Resources, Environment Quality, Environment Agency, Abu Dhabi. It will update attendees on decarbonising desalination, water efficiency strategies, water re-use priorities, food security – water nexus, and digitalisation and innovation highways.

Rami Ghandour, Managing Director at Metito, said: “Integrating advanced water management strategies enables more sustainable communities.

“The Water Forum this January will aim to tackle challenges related to the implementation of such strategies and the importance of public-private partnerships in developing more capital-intensive water projects. The Forum will also discuss the latest eco-friendly technologies that can be applied in the Middle East for greener operations.” Ghandour added.

The Smart Cities Forum will help drive the next generation of urban development and feature industry veterans including HE Eng. Yousef Al Ali, Assistant Undersecretary for the Electricity, Water & Future Energy Sector, UAE Ministry of Energy & Infrastructure; Khalid Mohamed Al Qubaisi, CEO, Abu Dhabi Energy Services Company; Greg Fewer, Group Chief Financial & Sustainability Office, Aldar; Stephan Gobart, Head of Strategy, Innovation & Customer Experience, Engie; Chris Wan, Head, Design Management, Masdar; and Karim El-Jisr, Chief Sustainability Officer, Diamond Developers. Topics that will be covered during the three-day Smart Cities Forum include master planning for sustainable cities, future transportation requirements, cybersecurity in smart cities, meeting net-zero carbon targets in cities, and digitalisation and efficiency in buildings.

The Climate and Environment Forum will highlight the latest advances in climate resilience and environmental protection with well-known industry figures such as Dr Christian Tock, Deputy Director General, Industry, New Technologies and Research, Ministry of Economy, Luxemburg; Capucine Jeunet, Sustainability Business Division Director, Schneider Electric; Dr Majid Sultan Al Qassimi, Partner, Soma Mater; Bruce Smith, Director of Forecasting and Planning, Emirates Water and Electricity Company; and Mohamed Al Hosani, CEO – Consultancy, Research and Innovation, Bee’ah. The forum will explore the commitments to carbon reductions targets, climate-linked finance, carbon capture and storage, decarbonising major industries and food security in desert environments.

The World Future Energy Summit 2022, organised by RX Global, will be held at the Abu Dhabi National Exhibition Centre (ADNEC), from 17 – 19 January 2022. Hosted by Masdar as part of Abu Dhabi Sustainability Week, it comprises a series of high-profile events addressing current global challenges and the means with which the world can cooperate to build a sustainable future for everyone.