Page 199 - 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 Innovatio…
economy.

H.E. Alia bint Abdulla Al Mazrouei, the Minister of State for Entrepreneurship, witnessed the
signing of a memorandum of understanding (MoU) between Ghafa Sustainability

and energy Solutions LLC and Atsuya Technologies Pvt Ltd, an Indian sustainability solutions
company. The partnership will help foster innovation and cooperation in the areas of energy
optimization and water consumption, as well as enhancing energy efficiency.

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

https://menafn.com/1108495541/HE-Alia-Al-Mazrouei-Witnesses-Mou-Signing-Between-Ghafa-Sustainability-Atsuya-Technologies-Aimed-At-Promotin… 2/3