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Hub71’s Startup Ecosystem Now Boasts Over 200 Members
Companies from 6 individual countries have been welcomed by the Abu Dhabi-based tech ecosystem in the latest round of admissions.
Hub71, Abu Dhabi’s global tech ecosystem that assists creators in tech businesses, has grown its ranks to over 200 members. After a 60% increase in applications, an additional 20 firms were chosen to join the community, helping more startups than ever to maximize opportunities for funding and other business development in the UAE’s capital.
Entrepreneurs joining Hub71 gain access to huge networking potential within the ecosystem, which has now grown into a sizable community of tech entrepreneurs and attracted the attention of leading investors, as well as corporate, governmental, and academic partners.
Startups from six different nations have been welcomed to Hub71 in this latest round of admissions, and another 11 companies have relocated to Abu Dhabi after joining the growing community. The UAE is enjoying something of a tech renaissance of late, as it draws more and more top-flight companies from around the globe.
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“This success is a testament that Abu Dhabi is becoming a destination for high-quality startups that showcase great potential and impact,” says Badr Al-Olama, acting CEO of Hub71.
Among the companies chosen to join Hub71 is 44.01, an unusually-named business that aims to reduce carbon emissions by converting CO2 into rock. Adding to the community’s green credentials is Finland’s iFarm, which develops agricultural tech solutions to support automated vertical farming, highlighting the importance of cleantech and agribusiness development in the Hub71 portfolio.
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1,000 Drones Light The Dubai Sky For AC Milan Celebration
Cyberdrone’s groundbreaking display marked 125 years of AC Milan football club and the 1st-year anniversary of Casa Milan Dubai.
Cyberdrone, a leading UAV display company based in Dubai, put on a breathtaking drone light show on Monday to honor two significant football milestones: AC Milan’s 125th anniversary and the one-year anniversary of Casa Milan Dubai.
The spectacle involved 1,000 drones working in perfect harmony to project AC Milan’s iconic imagery against the city’s night sky. Highlights included the UAVs synchronizing to form the club’s iconic crest, the signature red and black jersey, and a special emblem marking its 125th year. The intricate performance demanded meticulous planning, not just in terms of choreography, but also in dealing with the necessary permits and logistics.
“Our goal was to spotlight AC Milan’s legacy through a stunning visual narrative,” explained Mohamed Munjed Abdulla, Director of Sales at Cyberdrone. “We celebrated the club’s history, its Dubai milestone, and the universal love for football. The show also enhanced AC Milan’s regional presence, growing its fanbase through a cutting-edge, memorable experience. Drone shows are unparalleled in leaving lasting impressions, making them perfect for driving partnerships and growth”.
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Greta Nardeschi, AC Milan’s Regional Director for MENA, echoed the sentiment, adding: “Collaborating with Cyberdrone for this 1,000-drone performance allowed us to connect with our fans in innovative ways. It gave us a unique opportunity to surprise and inspire audiences while elevating our Club’s visibility and that of our partners. Cyberdrone truly helped us take AC Milan to new heights”.
This groundbreaking drone display sets a new benchmark for the Middle East’s sports sector, which already contributes around $2.4 billion annually to Dubai’s GDP alone. Sporting events also generate $1.76 billion in revenues across the region, while the MENA’s entertainment sector, valued at $41.13 billion, is growing at 9.41% annually, driven by rapid technological advancements.
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