Page 186 - MOE ENGLISH PR REPORT - JULY 2024

Alia Al Mazrouei said, “The UAE's strategic vision to establish itself as a global hub for the new
economy by the next decade hinges on the localization of innovation, entrepreneurship, and
technology across various sectors and activities, in line with the objectives of ‘We the UAE 2031’
vision. Through Investopia, we are committed to supporting these efforts by encouraging business
communities to form valuable partnerships in new and sustainable economic sectors. Additionally,
our aim is to facilitate the growth of businesses in technology-driven fields, innovation,
entrepreneurship, and Fourth Industrial Revolution technologies.”

“The new partnership between Ghafa Sustainability and Atsuya aims to contribute to the UAE's
vision of transitioning to a knowledge-driven economy and fostering an ecosystem conducive to
entrepreneurship, innovation, research, and development. This strategic partnership centers on the
creation of innovative businesses and new solutions that harness cutting-edge technologies, thus
solidifying the UAE's status as a global hub for entrepreneurship, innovative businesses and
startups. Moreover, this agreement will bolster the future prospects for the sustainable energy field
in the country and reinforce its leadership in this vital sector at both regional and international
levels,” Al Mazrouei added.

Rashed Aldhaheri, CEO of Ghafa Sustainability & Energy Solutions LLC, said, “We are excited to
partner with Atsuya Technologies to bring advanced IoT and AI-powered sustainability solutions to
the UAE. This collaboration aligns with our commitment to drive sustainable development and
energy efficiency across the region.”
Rahul Ganapathy, CEO of Atsuya Technologies Pvt Ltd, commented, “Our partnership with Ghafa
Sustainability & Energy Solutions represents a significant step forward in our mission to provide
innovative sustainability solutions. We look forward to working together to create impactful projects
that contribute to a greener and more sustainable future.”

The MoU signed between Ghafa Sustainability & Energy Solutions and Atsuya Technologies will
facilitate the development of IoT and AI-powered solutions. The primary objective is to improve
energy efficiency and promote sustainability by leveraging Atsuya's technological proficiency and
Ghafa's wealth of resources and energy field experience.

The MoU reflects the UAE’s keenness to strengthen collaboration and forge partnerships with global
companies in crucial economic sectors and domains. Its objective is to leverage the enablers
offered by the country's business ecosystem to companies, entrepreneurs, and SMEs from across
the globe, empowering them to establish impactful ventures. This reinforces the UAE's standing as
a prominent global business hub and a premier destination for new economy enterprises.

Several key areas covered by the MoU include sustainable energy technologies, research and
development, energy efficiency, capacity building and knowledge sharing to promote sustainable
best practices, and energy monitoring and regulation.

https://wam.ae/en/article/b4em83a-alia-mazrouei-witnesses-mou-signing-between-ghafa