Page 188 - MOE ENGLISH PR REPORT - JULY 2024

7/31/24, 10:46 AM H.E. Alia Al Mazrouei witnesses MoU signing between Ghafa Sustainability & Atsuya Technologies

The signing took place on the sidelines of the Investopia Global talks held in Chennai, Tamil Nadu, India
recently, in collaboration with the Government of Tamil Nadu and the Confederation of Indian Industry

(CII). The event was attended by more than 300 participants, including leaders, investors,
entrepreneurs, economic experts, and representatives of prominent UAE and Indian private sector
companies.

H.E. 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,” H.E. Alia 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.”

"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,” said Rahul Ganapathy, CEO
of Atsuya Technologies Pvt Ltd.

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