The UAE needs specialised companies, Osama Ghanim, the chief executive of Innovabia, told the innovation forum in Abu Dhabi earlier this week.
The UAE needs specialised companies, Osama Ghanim, the chief executive of Innovabia, told the innovation forum in Abu Dhabi earlier this week.

Search for nation's top entrepreneurs postponed



Carol Huang

Dubai // A contest to identify the UAE's fastest-rising entrepreneurs has been postponed so that organisers can run a training programme to raise the level of competition.

Winners of the "UAE 25" were supposed to be announced in early January by AllWorld Network, a US-based group that looks for top entrepreneurs worldwide, and Potential, a business-development firm in Dubai that helped to publicise the competition in the UAE.

Instead, in February they will launch a four-month programme of online seminars and live workshops on business principles and practices. The training aims to attract more competitors and strengthen their applications.

"We wanted to make sure we had strong UAE penetration," said AllWorld Network's co-founder Deirdre Coyle junior "There's an incredible opportunity here."

About 100 UAE companies have entered the competition, which will feed into the "Arabia Fast-Growth 500", one of several AllWorld contests in Asia, Latin America and Europe.

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The specs

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Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
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A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed
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
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Griselda
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