
Forbes Middle East launches Building the Future Summit in Abu Dhabi
26 May 2025 18:21
ABU DHABI (WAM)The inaugural Forbes Middle East Building the Future Summit kicked off Monday at Berkeley, Abu Dhabi.The two-day event is being held in strategic partnership with the UAE Ministry of Energy and Infrastructure, represented by the Sheikh Zayed Housing Programme, and Abu Dhabi's Department of Municipalities and Transport, in collaboration with One Development.The summit brings together an exclusive cohort of real estate leaders, investors, innovators, and architects from across the region and around the world, serving as a platform to explore the future of smart cities, promote sustainable urban solutions, and highlight investment and development opportunities in the region's real estate sector.The opening day was attended by Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport; Mohamed Almansoori, Director General of the Sheikh Zayed Housing Programme; Maysarah Mahmoud Eid, Director General of the Abu Dhabi Projects and Infrastructure Centre; Ali Al Gebely, Founder and Chairman of ONE Development.The event also welcomed many prominent industry leaders, including Amira Sajwani, Managing Director of Sales and Development at DAMAC Properties, Founder and CEO of PRYPCO, and Cofounder and COO of Amali Properties; Hassan Allam, CEO of Hassan Allam Holding; and Rizwan Sajan, Founder and Chairman of the Danube Group.The first day's programme featured keynote speeches and interactive panel discussions exploring the future of smart cities and the development of advanced infrastructure, with a focus on seamlessly integrating elements of luxury, hospitality, and entertainment. Topics included interior design, mixed-use developments, and green infrastructure, as well as the fundamentals of smart urban planning, ranging from healthcare infrastructure to sustainable architecture powered by technology and AI.The discussions also emphasised the critical role of effective policies and strategic public-private partnerships in accelerating development through institutional collaboration.In addition, the sessions highlighted the UAE's ongoing efforts to reshape urban living by embracing smart digital infrastructure and data-driven urban planning.Mohamed Almansoori, Director General of the Sheikh Zayed Housing Programme, said in his opening keynote, "It is my honour to welcome you to this distinguished event, which aligns with the declaration of 2025 as the Year of Community in the United Arab Emirates, as part of a national vision based on strengthening social cohesion and placing the family at the heart of stability and growth."He. pointed out that housing is one of the fundamental pillars for building cohesive communities, explaining that the Sheikh Zayed Housing Program provides a supportive residential environment that enhances quality of life and aligns with the aspirations of society.He emphasised that smart and integrated urban planning is a cornerstone in the path toward sustainable development."The UAE continues to play a pioneering global role through distinctive initiatives, including the Urban Development Agenda Platform for Asia and the Pacific, which was launched in partnership with Malaysia and the United Nations Human Settlements Programme (UN-Habitat) to promote the exchange of expertise and knowledge in the field of sustainable urbanisation,' he added.In his opening address, Ali Al Gebely, Founder & Chairman of ONE Development, emphasised that "the future doesn't begin with structures—it begins with the human journey and experience."He described the UAE as one of the most advanced and resilient ecosystems for private sector growth, especially in urban development, "We ask ourselves: What do people truly aspire to? What connects them in a rapidly changing world? What transforms a place to live into a place to belong?"These questions, he said, shape ONE Development's philosophy and design approach.Al Gebely also announced the launch of DO Hotels, an AI-powered hospitality concept developed in partnership with global icon Amr Diab. Set to launch in Dubai on May 28, 2025, Do Hotels blends music, AI, and wellness to deliver a new dimension in hospitality experiences."The integration of AI into urban development is not just strategic—it's essential," Al Gebely added."We are gathered today to address one of the most pressing and impactful issues of our time: how to build cities that are smarter, more efficient, and more sustainable. In a rapidly evolving world, smart cities are no longer a luxury—they are a strategic imperative. The focus is not solely on technology, but on how we harness it to boost efficiency, enhance quality of life, and accelerate development," said Khuloud Al Omian, CEO and Editor-in-Chief of Forbes Middle East, in her welcoming speech."Abu Dhabi is advancing confidently toward a new urban model, one rooted in innovation and driven by data, with sustainability at its core. This summit serves as a vital platform for sharing knowledge and fostering collaboration to build more resilient and inclusive cities. It aligns with the declaration of 2025 as the Year of Community, underscoring the UAE's dedication to placing people at the center of urban progress," she added.The day also featured an award ceremony honoring a group of the region's most influential real estate leaders, including prominent government officials and visionary entrepreneurs and businessmen, who are shaping the future of the Middle East's economy and positioning the real estate sector as a driving force in the global market.
The summit will continue on Tuesday with more interactive sessions, exploring future trends in real estate, urban planning, and investment, with participation from leading industry experts and decision-makers from around the world.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Etihad
12 hours ago
- Al Etihad
Abu Dhabi's data centre industry power investments to exceed Dh37 bn: TAQA CEO
29 May 2025 23:57 ABU DHABI (WAM)Abu Dhabi National Energy Company (TAQA) is poised to significantly bolster Abu Dhabi's burgeoning data and artificial intelligence hub, with its CEO and Managing Director announcing that total investments to support the power needs of the data centre industry in the emirate will exceed Dh37 announcement aligns with TAQA's broader strategy to provide clean, certified, and reliable energy for critical to WAM on the sidelines of the World Utilities Congress 2025, Jasim Husain Thabet, TAQA's Group Chief Executive Officer and Managing Director (GCEO & MD) highlighted the company's robust growth and strategic a market capitalisation estimated at approximately Dh360 billion, TAQA stands among the top five companies in Europe, Africa, and the Middle East for electricity generation, transmission, and water desalination, operating across 25 the past four years, TAQA has impressively doubled its electricity production capacity to 56 gigawatts, surpassing the total electricity consumption of the United Kingdom. Recent strategic moves include the acquisition of an 875-megawatt gas-powered electricity station in Uzbekistan, in partnership with Mubadala, supporting Uzbekistan's energy transition and opening new Central Asian TAQA's acquisition of "Transmission Investment," a leading UK-based energy and utility investment enhancing its clean energy portfolio, TAQA is currently constructing a 1-gigawatt gas turbine power station. In collaboration with Masdar, where TAQA holds a major stake, the company is also developing 5 gigawatts of solar energy backed by 19 gigawatt-hours of battery storage. This integrated solar and battery system, designed to deliver a continuous supply of 1 gigawatt for 24 hours, will be the largest project of its kind aims to invest Dh75 billion by 2030 to triple its electricity generation capacity to 150 gigawatts, he said. As part of this growth strategy, the company also plans to develop water desalination plants with a combined capacity of 1.3 billion gallons per day, with two-thirds utilising highly efficient reverse osmosis technology.


Al Etihad
12 hours ago
- Al Etihad
Ministry of Climate Change & Environment signs strategic MoUs bolstering sustainability of agriculture sector
29 May 2025 23:53 AL AIN (WAM) The Ministry of Climate Change and Environment (MOCCAE) reaffirmed its dedication to sustainable food security, supporting local agriculture, and achieving environmental sustainability by signing several strategic Memoranda of Understanding (MoUs).In attendance of Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, seven agreements were signed during the first two days of the Emirates Agriculture Conference and Exhibition 2025, held from May 28-31 at the ADNEC Centre in Al the first day, MOCCAE and Silal signed an MoU to build a safe, sustainable food system aimed at improving personal, community, and environmental agreement supports the UAE's goal of becoming a global leader in food security. The MoU focuses on creating a data-driven food strategy that combines local, regional, and international data to ensure a sustainable and fair food future based on scientific principles. The agreement was signed by Mohammed Saeed Al Nuaimi, Undersecretary of MOCCAE, and Salmeen Al Ameri, CEO of National Agriculture Centre and Lulu Retail signed an MoU to strengthen local agriculture by providing dedicated retail space for local products and establishing direct purchasing channels. This ensures accredited farmers can reach consumers with high-quality produce. The MoU was signed by Sultan Salem Al Shamsi, Director General of the National Agriculture Centre, and Ashraf Ali M.A., Executive Director of Lulu Group also signed an MoU with Barakat to enhance environmental sustainability through initiatives such as the "100-Mile Initiative," which reduces the farmer-consumer distance, upcycles food waste into animal feed, and utilises highly biodegradable plastic for its bottles. The partnership also includes the "Food Waste Recycling Initiative," aimed at converting food waste into animal MoU was signed by Dr. Mohammed Salman Al Hammadi, Assistant Undersecretary for the Food Diversity Sector at MOCCAE, and Kenneth D'Costa, Managing Director at Barakat Group of second day saw the signing of four further MOUs. The National Agriculture Center and Khalifa University of Science and Technology signed an agreement covering the Access Programme of the Agricultural Innovation Centre. The MoU will empower innovators in the field of food and agriculture by providing them with the necessary resources and supporting them with funding and mentorship, in line with the strategic objectives of the Food Innovation Hub agreement was signed by Sultan Salem Al Shamsi and Professor Ebrahim Al Hajri, President of Khalifa University of Science and and the Mohamed Bin Zayed University of Artificial Intelligence (MBZUAI) signed an MoU to create a laboratory focused on artificial intelligence innovation, research, and analysis. The goal is to boost collaboration in research, advanced technologies, and skill development. This initiative will deliver valuable studies to support shared goals. The MoU was signed by Mohammed Saeed Al Nuaimi and Professor Sami Haddadin, MBZUAI's VP of Research and Professor of Ministry signed an MoU with the University of Sharjah, Khalifa University of Science and Technology, the University of Khorfakkan, and the University of Al Dhaid to collaborate on agricultural research. The agreement focuses on exploring joint projects and activities in food security, research, studies, and capacity aims to strengthen cooperation between the Ministry and universities, leveraging their expertise and research centers. This collaboration will support the development of research projects and capabilities in the field of food security, for all parties involved. The MoU was signed by Mohammed Saeed Al Nuaimi; Professor Dr. Essam Eldin Agami, Director of the University of Sharjah; Professor Ebrahim Al Hajri, President of Khalifa University of Science and Technology; Professor Dr. Ali Hilal Alnaqbi, Chancellor of the University of Khorfakkan; and Professor Dr. Aisha Ahmed Bu Shlaibi, Chancellor of the University of Al and the Islamic Development Bank Group signed an amendment to the agreement between the UAE Government and the Islamic Development Bank Group regarding the International Center for Biosaline Agriculture (ICBA). The amendment was signed by Mohammed Saeed Al Nuaimi, and Eng. Mohammed Jamal Al-Saati, Special Advisor to the President of the Islamic Development Bank, in the presence of Dr. Tarifa Alzaabi, Director General of ICBA. These MoUs show MOCCAE's commitment to working with partners to promote environmental sustainability, improve food security, and boost the national economy by adopting modern technologies and best practices in agriculture and food.


Al Etihad
15 hours ago
- Al Etihad
Gridora signs inaugural MoU with Abu Dhabi Projects and Infrastructure Centre to accelerate delivery of transport infrastructure projects worth AED 35 billion
29 May 2025 19:50 ABU DHABI (ALETIHAD)Gridora, the new infrastructure platform established by ADQ, IHC and Modon Holding, has signed its first Memorandum of Understanding (MoU) with Abu Dhabi Projects and Infrastructure Centre (ADPIC) for the delivery of high-impact transport infrastructure projects. The agreement marks a key milestone in Gridora's mission to champion the delivery of strategic infrastructure this agreement, Gridora and ADPIC will establish a framework for potential collaboration in relation to supporting the development, planning and implementation of strategic infrastructure projects within the Emirate of Abu initial focus of the MoU will be to establish a working committee to explore potential opportunities and identify pilot projects, activities and initiatives Gridora could undertake. These would be considered from several projects ADPIC aims to deliver within the emirate, with the centre having been mandated to implement projects with an estimated value of at least AED 35 Excellency Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Gridora, said: 'Gridora's expertise and resources will deliver world-class infrastructure, empowering the nation's ambitious economic and population growth goals. Our MoU with ADPIC reflects our shared commitment to accelerate the implementation of critical transport infrastructure, combining innovation, scale and vision. The delivery of these high-impact infrastructure projects will be transformative to Abu Dhabi, and we look forward to working closely as a trusted infrastructure partner to ADPIC.'His Excellency Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport, commented: "This strategic partnership between ADPIC and Gridora underscores a shared focus on creating transport infrastructure that enhances Abu Dhabi's continued growth as a global city. By leveraging Gridora's capabilities, this collaboration aims to accelerate project delivery, improve cost efficiency, and deliver long-term value for Abu Dhabi and its communities."His Excellency Eng. Maysarah Mahmoud Eid, Director General of ADPIC, said, 'At ADPIC, we see infrastructure as a powerful enabler of opportunity, economic growth, and long-term sustainability. This MoU with Gridora advances our shared commitment to accelerate the delivery of high-impact projects that enhance connectivity and quality of life across the emirate. By combining our strategic vision with Gridora's delivery capabilities, we are shaping a future-ready emirate that aligns with Abu Dhabi's strategic vision and long-term goals.'Bill O'Regan, Group CEO of Modon Holding, said: 'With this MoU, we can unlock Gridora's capability to deliver critical infrastructure, ensuring the long-term growth of the recently announced infrastructure platform. We look forward to seeing Gridora move forward with purpose, enabling world-class cities with cutting edge infrastructure.'Operating under Modon Holding and established in partnership with ADQ and IHC, Gridora serves as a strategic platform for collaboration with specialist partners and capital providers, enabling the delivery of large-scale, high-impact infrastructure projects. Gridora has adopted a dual-focus business model spanning 'Infrastructure Projects' and 'Infrastructure Investments', enabling it to lead across the full infrastructure lifecycle. This MoU with ADPIC marks the first in a series of planned engagements to advance high-impact public-priority infrastructure, enhance and foster long-term collaboration between the public and private sectors and is a testament to the significant scale of Gridora's business.