Day: September 27, 2021

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Dubai blockchain leader launches secure digital asset trading platforms

DUBAI, ZENIQ Technologies Ltd, the Dubai-based provider of blockchain-based decentralised applications, has launched a tokenisation project to revolutionise the trading of digital assets.

The project will establish non-fungible token (NFT) trading platforms for real estate, gold and precious metals, gemstones and digital art.

The launch took place at ‘The Future of Digital Assets’ conference in the Armani Hotel at the Burj Khalifa, Dubai. The new platforms are designed to offer unique, secure and trustworthy access to digital assets in the financial markets.

“Dubai’s Creative Economy Strategy centres on fast-growing cultural and creative industries that have the potential to generate significant revenues and create many new jobs,” said Sheikh Saeed bin Hasher Al Maktoum, Chairman of ZENIQ Technologies. “World-leading technology, coupled with decentralised financial applications, will support new and positive business models, such as ZENIQ’s tokenisation project. Companies such as ZENIQ are fulfilling Dubai’s vision for the future.”

Erwin Dokter, Founder and CEO of ZENIQ Technologies, said the goal was to break down barriers in the digital financial world and to make investing in digital assets as easy as booking a hotel. “This project will create highly secure trading platforms for real estate, gold and precious metals, gemstones and digital art,” he said.

“We are convinced that the ZENIQ Art NFT, used in conjunction with our secure blockchain platform, will stimulate uptake from artists, buyers and dealers alike and grow the market for digital artworks both in Dubai and internationally,” Dokter added. “We are perfectly positioned to give all players in the digital art world a safe, easy-to-use channel for selling and securing artwork.”

Solaiman Al Rifai, Co-founder and Managing Director of ZENIQ Technologies, said “Today, leading UAE organisations are incorporating blockchain technology into their processes, bringing greater levels of transparency and security to digital assets and transactions.”

Other speakers at the conference included Paco Bree, co-founder of Paradima and Professor of Innovation at Deusto Business School, who spoke on The Enlightenment of the new Era of Art; Oderli Feriani, a global expert on asset tokenisation, who spoke on the Tokenisation of Real Estate; and Gernot Winter, the co-Founder and CFO of AVINOC Ltd, who addressed the topic of embedding the private jet industry into the blockchain.

ZENIQ Technologies was conceived in AREA 2071 of the Dubai Future Foundation. AREA 2071 is a physical manifestation of the drive to make Dubai the world’s leading city in terms of innovation, and ideas with positive global impact.

Source: Emirates News Agency

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Arab-Brazilian Chamber of Commerce to host ‘Brazil – UAE: Economic Sustainability Forum in the Amazon Region’ in October

DUBAI, The Arab-Brazilian Chamber of Commerce (ABCC) has announced the first-of-its-kind “Brazil – UAE: Economic Sustainability Forum in the Amazon Region” on 3rd October, 2021, in Dubai.

The ABCC will host the forum in cooperation with the UAE’s Ministry of Economy and the Federation of the UAE Chambers of Commerce and Industry.

Top government and private sector figures and high-ranking key speakers will be joined by important decision-makers, entrepreneurs, investors, traders, and representatives from the UAE and Brazilian business communities.

The discussions will be divided into three sessions with key themes. The first session will explore the “Partnership in Innovation and Digital Technologies for Sustainable Development”. The second and third sessions will focus on the “Cooperation between the UAE and Brazil in Food Security and Environmental Sustainability” and “Economic and Business Sustainability – leading experiences from the UAE and Brazil”, respectively.

Osmar Chohfi, President of the ABCC, said, “The upcoming sustainability forum is a venue where stakeholders could explore untapped current and future opportunities and new paradigms that have emerged amid myriad environmental and social challenges. It comes at a time when the sustainability movement has accelerated, especially during this pandemic. Sustainability, being an important pillar of the economic diversification policies of some of the Arab nations, is offering Brazil and the Arab region another area to expand their ties. The event will serve as an ideal place to examine how their alliance can benefit from this important concept and tackle the most innovative solutions to a wide range of environmental issues.”

“During the forum, we will provide information, analysis and discussions on sustainability standards and more at the intergovernmental level. The attendees will emphasise why we need to change our mindset and approach in light of the latest global developments. They will dive deep into how companies can capture multibillion-dollar opportunities arising from the mounting sustainability calls. Within this context, the forum will contribute to the global community’s efforts to build a resilient economy that acknowledges the limits of our natural resources and mitigates the impact of human activities on the environment,” Chohfi added.

The forum will take place amid the UAE’s increased environmental sustainability initiatives in line with its Vision 2021 and National Agenda. The Emirates targets the generation of 27 percent of its energy requirements from renewable sources, bringing down its per capita greenhouse gas emissions and deploying agricultural technology to achieve a 30 per cent productivity improvement within the sector. Furthermore, it has allocated US$544 million to build a sustainable city in the country, while raising $1.63 billion in investments to make Dubai a “Green Paradise” by 2025.

On the other hand, Brazil, considered a global leader in the renewable energy transition, is well-positioned to share its experiences on striking a balance between economic growth and the environment. More than 46 per cent of the country’s energy grid is powered by renewable energy sources today. Worldwide, Brazil has the third-largest renewable electricity generation capacity.

Source: Emirates News Agency

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Dubai Health Authority completes medical preparations for Expo 2020

Dubai, The Dubai Health Authority (DHA) has completed its preparations for Expo 2020 to ensure the provision of state-of-the-art medical care, including emergency care, on-site medical centres and the provision of laboratory screening for COVID-19.

Awadh Al Ketbi, Director General of DHA, highlighted that the UAE has set an example for the world in managing all aspects of the global COVID-19 pandemic including prevention, patient care and accelerated recovery. This success highlights the UAE’s capabilities in overcoming challenges, the robust capacity of its advanced healthcare sector, and efficiency in tackling emergency situations and evolving developments.

The Authority has mobilised its human capital, harnessed its capabilities, equipment and technology to provide a highly advanced care system, high quality services and a safe environment for all Expo participants and visitors, he said.

The medical care network provided by the Dubai Health Authority for Expo 2020 is not only limited to the venue of the event but also extends to a large group of hospitals and specialised medical centres, both government and private.

Al Ketbi said DHA’s preparations aim to provide Expo 2020 Dubai participants and visitors access to medical care across specialisations throughout the duration of the exhibition.

He also pointed out that the Authority has forged strong strategic relationships and partnerships with various key stakeholders especially the Dubai Corporation for Ambulance Services, which provides one of the fastest ambulance response times in the world. The Dubai Corporation for Ambulance Services is equipped with state-of-the-art technologies and equipment, and has highly skilled paramedical professionals who have extensive experience in covering such global events.

The Director General of DHA also referred to the Authority’s partnership with the private health sector, which it considers as its main partner to achieve health and wellbeing in Dubai.

Al Ketbi said Expo 2020 Dubai represents an important opportunity for the Authority to advance its path towards health sustainability in line with the goals of Expo, which aims to create a new starting point for the world’s transformation towards a sustainable society.

Expo 2020 will have a network of on-site medical service stations providing round-the-clock emergency care and an on-site COVID-19 screening centre that will provide PCR testing facilities including the option for rapid PCR testing.

He further noted that Dubai Health Authority has been a part of the Expo journey from the beginning. It established a medical clinic and provided round-the-clock medical services for all workers of the Expo during its construction phase.

Source: Emirates News Agency