Page 204 - MOE ENGLISH PR REPORT - JULY 2024

Rahul Ganapathy, CEO of Atsuya Technologies Pvt Ltd, also commented on the partnership's
significance. He said, "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."

Alia Al Mazrouei highlighted the UAE's strategic vision for becoming a global hub for innovation
by the next decade. She remarked, "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."

She further added that Investopia is committed to supporting these efforts by encouraging
business communities to form valuable partnerships in new economic sectors. The aim is also
to facilitate growth in technology-driven fields such as innovation and Fourth Industrial
Revolution technologies.

Key Areas of Collaboration

The MoU between Ghafa Sustainability & Energy Solutions and Atsuya Technologies will focus
on developing IoT and AI-powered solutions. These solutions aim to improve energy efficiency
by leveraging Atsuya's technological expertise alongside Ghafa's resources and experience in
the energy sector.
Several key areas covered by this MoU include sustainable energy technologies, research and
development, capacity building, knowledge sharing for promoting sustainable practices, and
energy monitoring and regulation.

Strengthening Global Partnerships
The agreement reflects the UAE’s commitment to strengthening collaborations with global
companies in crucial economic sectors. It aims to leverage the country's business ecosystem
enablers for companies worldwide. This initiative empowers entrepreneurs and SMEs to
establish impactful ventures in the UAE.

Al Mazrouei emphasised that this strategic partnership will contribute significantly towards
transitioning to a knowledge-driven economy. She noted that it would foster an ecosystem
conducive to entrepreneurship, innovation, research, and development.

The collaboration between Ghafa Sustainability & Energy Solutions LLC and Atsuya
Technologies Pvt Ltd is set to bolster future prospects for sustainable energy in the UAE. It will
reinforce its leadership in this vital sector at both regional and international levels.

This partnership underscores the UAE's dedication to becoming a prominent global business
hub. It aims at establishing itself as a premier destination for new economy enterprises through
impactful ventures driven by cutting-edge technologies.

The event marked another step towards achieving these goals by bringing together leaders from
various sectors under one roof. The focus remains on fostering innovation through strategic
partnerships that align with national visions like 'We the UAE 2031'.

https://www.onearabia.me/local/alia-al-mazrouei-ghafa-atsuya-mou-signing-011-57051.html