Though we don't have an established street food culture, the increasing number of food trucks has helped to create an urban buzz, at least during winter. Dubai is becoming a culinary hotspot with steps up such as Last Exit off Sheikh Zayed Road and features 10 food trucks from some of the emirate's most popular outlets. And, as The National reported yesterday, Abu Dhabi's already-licensed restaurants will also have the opportunity to set up their own food trucks and apply for a licence from the Department of Economic Development.
While this is good news, it only benefits those restaurateurs who are already in business. We hope these licences will soon be available to entrepreneurs who can’t afford permanent premises. A great variety of cuisines should be available in different price brackets to cater for all segments of society. As long as there is available space and hygiene and other standards are maintained, we should encourage start-ups to join the food revolution.
THREE
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
COMPANY%20PROFILE
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners