November 26
While its outcome was either modest or disappointing, depending on who you asked, the 18th Conference of the Parties of the United Nations Framework Convention on Climate Change had a serious effect on the Arabian Gulf region.
That is because, for the first time, the high-profile annual meeting was held in a Arabian Gulf country – Qatar.
From November 26 until December 8, the governments of 194 countries, including the hosts, convened in Doha to discuss ways to reduce greenhouse gas emissions and avoid catastrophic climate change.
While a solution is still years away, the event helped raise awareness on climate issues.
Activists welcomed the debate as a first step towards a more active role for Arab governments in tackling climate change. With initiatives such as creating the clean-energy company, Masdar, the UAE is seen as a pioneer among Arabian Gulf governments on climate issues.
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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
Company%20profile
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Company profile: buybackbazaar.com
Name: buybackbazaar.com
Started: January 2018
Founder(s): Pishu Ganglani and Ricky Husaini
Based: Dubai
Sector: FinTech, micro finance
Initial investment: $1 million
MATCH INFO
World Cup qualifier
Thailand 2 (Dangda 26', Panya 51')
UAE 1 (Mabkhout 45 2')
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Company%20Profile
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The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
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