Page 193 - MOE ENGLISH PR REPORT - JULY 2024

7/31/24, 10:47 AM H.E. Alia Al Mazrouei witnesses MoU signing between Ghafa Sustainability & Atsuya Technologies aimed at promoting innovation …
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.

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

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