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Emirates

Abu Dhabi launches ‘Hub71+ Digital Assets’ to accelerate growth of Web3 startups

ABU DHABI, 15th February, 2023 (WAM) – Hub71, Abu Dhabi's tech ecosystem, has launched a new initiative called Hub71+ Digital Assets. This ecosystem is dedicated to advancing Web3, a decentralised online space built on innovations like blockchain technology and metaverse applications. The ecosystem has over US$2 billion of capital committed to fund Web3 startups and blockchain technologies in Abu Dhabi. Hub71+ Digital Assets will offer Web3 startups access to an extensive range of programmes, initiatives, and corporate, government, and investment partners in the UAE and global markets.

The initiative will be based at Hub71 in Abu Dhabi Global Market (ADGM), providing Web3 startups with a progressive regulatory environment and world-class blockchain and virtual asset infrastructure. FABRIC, the research and innovation centre of First Abu Dhabi Bank (FAB), is the anchor partner of Hub71+ Digital Assets, while digital asset exchanges and service providers are part of the initiative to facilitate the discovery, trading and custody of digital assets.

Ahmad Ali Alwan, Deputy Chief Executive Officer of Hub71, stated that the launch of Hub71+ Digital Assets represents Abu Dhabi's openness to disruptive businesses that drive change and transformation on a global scale. He added that decentralisation is the future of the blockchain-based internet, and Web3 startups will play a significant role in accelerating this transition. Alwan highlighted that by collaborating with ADGM, FAB, and FABRIC, in addition to leading Web3 companies and enablers, startups will have the opportunity to fundraise, develop, and commercialize innovations safely while operating within the largest regulated jurisdiction of virtual assets in the MENA region.

According to Dhaher bin Dhaher Al Mheiri, CEO of ADGM, the launch of Hub71+ Digital Assets will strengthen the association between ADGM and Hub71. He stated that in the rapidly evolving digital landscape, the rise of new technologies and ecosystems such as Web3 has the potential to transform the world, and ADGM is committed to providing a holistic environment that facilitates the seamless and secure adoption of digital assets. Al Mheiri added that this alliance will help startups and digital assets to benefit from ADGM's diverse ecosystem and progressive regulatory environment by accessing world-class and innovative infrastructure.

Suhail Bin Tarraf, Group Chief Operating Officer at FAB, emphasised that the bank is trusted as a financial partner to its customers in the real world and increasingly in the Web3 space. Tarraf added that the partnership will allow FAB to stay ahead of the curve when it comes to innovations such as blockchain, NFTs, and the metaverse, and fulfill their Customer First promise by leveraging new opportunities at the intersection of digital identity, ownership, and value.

Moreover, Hub71's value creation programme will support business relocation to Abu Dhabi and growth in the Middle East and global markets, including Web3 startups at the 'unicorn' stage, which are companies valued at more than $1 billion.

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Emirates

“Matwa’a Al-Freij” is a new community initiative from IACAD

The Islamic Affairs and Charitable Activities Department in Dubai has
announced the launch of its new community initiative, “Matwa’a Al-Freij”
aimed at meeting the needs of new generations by providing Quran
memorization and knowledge sessions tailored to various age groups. This
initiative seeks to enhance values of knowledge and Islamic education
through a unified digital platform, set to launch in October 2024 and run until
June 15, 2025.

Commenting on the initiative, His Excellency Ahmed Darwish Al-Muhairi,
Director General of the department, stated that ” Matwa’a Al-Freij”
designed specifically for females, is part of a series of community initiatives
undertaken by Dubai Islamic Affairs to achieve the goals of Dubai’s Social
Agenda 33, particularly those related to building a happier, more connected,
tolerant family while holding onto national values and identity.

He added that the department aims to provide advanced educational
opportunities that align with community needs and contribute to establishing a
strong foundation of Islamic values and principles, preparing a generation of
girls linked to the Book of Allah and His Sunnah. This initiative will also help
discover and nurture local talents by utilizing qualified retired Emirati women
with backgrounds in Islamic studies or Quran certification, emphasizing that ”
Matwa’a Al-Freij” will be the most accessible and recognized platform
within the community.

” Matwa’a Al-Freij” is an educational Quranic platform that enables
participants to learn and memorize the Quran remotely, employing modern
and innovative learning methods. It targets females aged 16 and above and
welcomes participants from people of determination and seniors, striving to
cultivate a conscious generation that positively impacts the community
through specialized lessons in the Quran, worship jurisprudence, and Islamic

values via interactive sessions on a digital platform. The initiative boasts
flexible lesson timings to cater to the needs of its target demographic.

Dr. Abdullah Ibrahim Abduljabbar, Acting Director of the Maktoum Centers for
Quran and Islamic Sciences, noted that the ” Matwa’a Al-Freij” initiative
was created to address the educational needs of females by offering diverse
lessons suitable for various age groups through a unified digital platform. He
affirmed the department’s commitment to providing an official platform for
knowledge exchange and enhancing Islamic values.

Dr. Abduljabbar added, “We encourage all interested women to register and
participate in this initiative, as it is an opportunity for development and active
engagement. We look forward to welcoming participants and supporting all
those wishing to join.”

It is worth mentioning that registration for the initiative will open during the first
week of October 2024, featuring sessions for Quran memorization and Islamic
sciences, scheduled throughout the week according to age groups.
Applications to become a “Matwa’a Al-Freij ” teacher can be submitted
through the Dubai Jobs app, adhering to the criteria set by the department.

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Emirates

Dubai Customs Triumphs Globally with Five-Star Excellence Award for Government Communication

through its Corporate Communication Department, has won the prestigious International Best Practice Competition (IBPC) award, earning the “Excellence Level – Five Stars” in Government Communication. This recognition highlights the department’s achievements, initiatives, innovations, and future vision. It also aligns with Dubai’s government efforts to create an innovation-driven environment, nurture talent, and institutionalize creativity. The award strengthens Dubai’s global standing, as the IBPC is a
renowned international competition, where organizations from around the world showcase their
best practices based on a framework of excellence and leadership. The winners are announced
during a special ceremony hosted by the Centre for Organizational Excellence Research (COER) in
New Zealand. This year, 72 organizations from 10 countries participated in the competition.
H.E. Dr. Abdulla Mohammed Busenad, Director General of Dubai Customs, expressed his pride in
receiving this esteemed award, noting that it reflects Dubai Customs & strategic focus on fostering
a culture of creativity and innovation. He emphasized the importance of enhancing Dubai’s
global reputation through such awards, which highlight improvements in the customs
experience, service development, and effective communication with local and international
stakeholders. He added that Dubai’s forward-looking vision aligns with the leadership’s goals of
achieving excellence in applying international standards in digital content and integrated
institutional work.
Khalil Saqer bin Gharib, Director of the Corporate Communication Department, noted that Dubai
Customs surpassed many global organizations in the 10th edition of the competition,
establishing its government communication as a global model of innovative practices. He also
highlighted that these international awards contribute to the department’s continuous success
and its strong presence in the Dubai Government Excellence Program. The Corporate
Communication Department has won numerous global and local awards, including the
International Brilliance Award for Best Marketing and PR Team at the BOC Brilliance Awards in
London, the Bronze Award for Environmental Excellence at the 14th Annual World Summit for
Corporate Social Responsibility, the Global Sustainability Peacock Award from the Institute of Directors in London, and the Best Government Communication Team Award at both local and Arab levels from the Sharjah Government Communication Awards.

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Emirates

Dubai Future Foundation Issues Special ‘Global 50’ Report on Youth Ahead of UN Summit

The Dubai Future Foundation (DFF) hasvlaunched a special edition of its ‘Global 50’ report, exploring innovative solutions that empower youth and future generations.
Released ahead of the 2024 United Nations’ Summit’ of the Future’ the ‘Global 50: Future
Opportunities’ report complements the forthcoming UN ‘Pact for the Future’ ‘Declaration on
Future Generations’ and ‘Global Digital Compact’, which focus on addressing challenges and
opportunities of today and for years to come.
This edition features insights from both international and UAE experts, spotlighting
opportunities that drive innovation, address global challenges, and support sustainability. The
strategies outlined aim to enhance public health, advance technology, stimulate economic
growth, and promote environmental sustainability. By capitalizing on these opportunities,
societies can adapt to evolving circumstances, strengthen resilience, and ensure a thriving future
for upcoming generations.
The ‘Global 50’ report, published annually by DFF, highlights 50 opportunities for growth and
well-being across diverse sectors. This special edition focuses on areas relevant to the summit’s
theme of empowering future generations.
Contributors to this edition include Dr. Ameena Al-Sumaiti, Associate Professor at Khalifa
University, who explores how AI-powered smart homes could revolutionize urban living by
adapting to human needs. In addition, Lambert Hogenhout, Chief Data and AI Officer at the
United Nations Secretariat, reflects on the concept of ‘Public AI’, posing the question, “What if
part of AI was a public good?”

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