With initiatives such as creating the clean energy company, Masdar, the UAE is seen as a pioneer among Gulf governments on climate issues. Ravindranath K / The National
With initiatives such as creating the clean energy company, Masdar, the UAE is seen as a pioneer among Gulf governments on climate issues. Ravindranath K / The National

Climate change in focus at Doha conference



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
 
 
 
 
 
 
 
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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
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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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