Latest news with #Inovartic
Zawya
3 days ago
- Business
- Zawya
Khalifa Fund for Enterprise Development signs agreement with Inovartic Investment to support startups in UAE gaming sector
Abu Dhabi - Khalifa Fund for Enterprise Development (KFED) has entered into a strategic agreement with the Inovartic Investment to enhance bilateral cooperation and support startups in the gaming sector in the UAE. At the centre of this agreement is a comprehensive framework designed to support early-stage gaming enterprises by offering incubation services, specialised training programs, and financial support. These initiatives will help developers design, build, and successfully bring to market original gaming content. Additionally, the agreement will deliver capacity-building programs to enhance expertise in areas such as game design and storytelling, in line with international best practices. A significant emphasis will also be placed on developing culturally inspired intellectual property that highlights Emirati heritage through authentic narratives, further supplementing the gaming sector with local content. To further accelerate innovation, the collaboration will focus on streamlining the commercialisation of gaming prototypes, enhancing investor pitch strategies, and improving pathways for successful launch of products in the market. Additionally, the agreement will pave the way for joint events and exhibitions that will showcase local talent and groundbreaking projects, increasing their visibility and impact on a larger scale. Mouza Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development, said: 'This partnership represents a significant milestone in our commitment to supporting and empowering Emirati entrepreneurs within the gaming industry. By cultivating an environment that advocates creativity and innovation, we seek to unlock the capabilities of local talent in this dynamic field. Our collaboration with Inovartic Investment reflects our steadfast dedication to strengthening the knowledge economy and promoting sustainable development across diverse sectors, in alignment with the UAE's long-term national vision.' Saif Al Darmaki, Chairman and Co-Founder of Inovartic Investment, stated: "This agreement marks a transformative chapter in shaping the UAE's future creative economy. By uniting strategic incubators with the rich legacy of Emirati storytelling, we are empowering a new generation of game developers to craft globally resonant intellectual properties — rooted in Abu Dhabi's vision. Our collaboration with Khalifa Fund underscores a shared ambition: to drive innovation, celebrate local heritage, and position Abu Dhabi as the region's premier hub for gaming industry." Anwar Hussain, Managing Partner and Co-Founder of Inovartic Investment, said: "We are honoured to partner with Khalifa Fund in driving transformative growth within the gaming industry. This collaboration goes beyond nurturing startups — it is about building a dynamic ecosystem where creative talent, cultural heritage, and global vision converge. Together, we are empowering Emirati innovators to redefine the gaming landscape, ensuring their influence extends from the UAE to the world stage." This partnership underscores the shared dedication of both organisations toward nurturing a vibrant entrepreneurial ecosystem in the gaming sector. It marks a strategic move toward driving innovation and sustainable growth in the sector, while cementing the UAE's role as a centre for digital creativity. By providing financial support, skill development, and startup acceleration, Khalifa Fund and Inovartic Investment jointly aim to build an integrated ecosystem that supports the UAE's broader economic aspirations. Together, they strive to elevate Abu Dhabi's position as a leading regional hub for gaming, aligned with global standards, offering transformative opportunities and innovative solutions to entrepreneurs and creatives alike. About Khalifa Fund for Enterprise Development: The Khalifa Fund is an independent, non-profit organisation affiliated with Abu Dhabi Government. Its mission is to nurture the culture of entrepreneurship, promote innovation, and offer support for small and medium-sized enterprises (SMEs) within the UAE through a balanced ecosystem. Founded in 2007 in accordance with Law No. 14 of 2005 and its amendments, the Fund was established to align with the vision of the late Sheikh Khalifa Bin Zayed Al Nahyan, former President of the United Arab Emirates.
Zawya
3 days ago
- Business
- Zawya
Khalifa Fund for Enterprise Development signs agreement with Inovartic Investment
Abu Dhabi - Khalifa Fund for Enterprise Development (KFED) has entered into a strategic agreement with the Inovartic Investment to enhance bilateral cooperation and support startups in the gaming sector in the UAE. At the centre of this agreement is a comprehensive framework designed to support early-stage gaming enterprises by offering incubation services, specialised training programs, and financial support. These initiatives will help developers design, build, and successfully bring to market original gaming content. Additionally, the agreement will deliver capacity-building programs to enhance expertise in areas such as game design and storytelling, in line with international best practices. A significant emphasis will also be placed on developing culturally inspired intellectual property that highlights Emirati heritage through authentic narratives, further supplementing the gaming sector with local content. To further accelerate innovation, the collaboration will focus on streamlining the commercialisation of gaming prototypes, enhancing investor pitch strategies, and improving pathways for successful launch of products in the market. Additionally, the agreement will pave the way for joint events and exhibitions that will showcase local talent and groundbreaking projects, increasing their visibility and impact on a larger scale. Mouza Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development, said: 'This partnership represents a significant milestone in our commitment to supporting and empowering Emirati entrepreneurs within the gaming industry. By cultivating an environment that advocates creativity and innovation, we seek to unlock the capabilities of local talent in this dynamic field. Our collaboration with Inovartic Investment reflects our steadfast dedication to strengthening the knowledge economy and promoting sustainable development across diverse sectors, in alignment with the UAE's long-term national vision.' Saif Al Darmaki, Chairman and Co-Founder of Inovartic Investment, stated: "This agreement marks a transformative chapter in shaping the UAE's future creative economy. By uniting strategic incubators with the rich legacy of Emirati storytelling, we are empowering a new generation of game developers to craft globally resonant intellectual properties — rooted in Abu Dhabi's vision. Our collaboration with Khalifa Fund underscores a shared ambition: to drive innovation, celebrate local heritage, and position Abu Dhabi as the region's premier hub for gaming industry." Anwar Hussain, Managing Partner and Co-Founder of Inovartic Investment, said: "We are honoured to partner with Khalifa Fund in driving transformative growth within the gaming industry. This collaboration goes beyond nurturing startups — it is about building a dynamic ecosystem where creative talent, cultural heritage, and global vision converge. Together, we are empowering Emirati innovators to redefine the gaming landscape, ensuring their influence extends from the UAE to the world stage." This partnership underscores the shared dedication of both organisations toward nurturing a vibrant entrepreneurial ecosystem in the gaming sector. It marks a strategic move toward driving innovation and sustainable growth in the sector, while cementing the UAE's role as a centre for digital creativity. By providing financial support, skill development, and startup acceleration, Khalifa Fund and Inovartic Investment jointly aim to build an integrated ecosystem that supports the UAE's broader economic aspirations. Together, they strive to elevate Abu Dhabi's position as a leading regional hub for gaming, aligned with global standards, offering transformative opportunities and innovative solutions to entrepreneurs and creatives alike. About Khalifa Fund for Enterprise Development: The Khalifa Fund is an independent, non-profit organisation affiliated with Abu Dhabi Government. Its mission is to nurture the culture of entrepreneurship, promote innovation, and offer support for small and medium-sized enterprises (SMEs) within the UAE through a balanced ecosystem. Founded in 2007 in accordance with Law No. 14 of 2005 and its amendments, the Fund was established to align with the vision of the late Sheikh Khalifa Bin Zayed Al Nahyan, former President of the United Arab Emirates. To learn more about the Khalifa Fund for Enterprise Development, please visit: For further information, please contact: Orient Planet Group (OPG) Email: media@ Website:
Zawya
22-05-2025
- Business
- Zawya
Inovartic Investment and Al Masaood Energy showcase breakthrough expanded Graphite Oil Spill Technology at 'Make it in the Emirates 2025'
Abu Dhabi, UAE – Inovartic Investment, in strategic collaboration with Al Masaood Energy, proudly showcased its pioneering Expanded Graphite Oil Spill Management Technology at the 2025 edition of 'Make it in the Emirates', hosted at the ADNEC Center, Abu Dhabi, under the patronage of the UAE Ministry of Industry and Advanced Technology, celebrates industrial innovation aligned with the country's sustainable growth ambitions and Net Zero 2050 strategy. The showcased solution is a next-generation oil sorbent made from high-purity expanded graphite a lightweight, reusable material capable of absorbing up to 80 times its own weight in hydrocarbons. It marks a transformative shift in oil spill response capabilities, combining speed, sustainability, and scalability. Mr. Saif Al Darmaki, Chairman of Inovartic Investment, commented: 'This project exemplifies our mission at Inovartic to invest in solutions that deliver tangible environmental and economic impact. Through our partnership with Al Masaood Energy, we are not only accelerating the UAE's cleantech capabilities but also creating a scalable industrial platform aligned with the "Make it in the Emirates" vision and the broader Net Zero 2050 strategy. We are proud to be at the forefront of transitioning breakthrough materials into national resilience assets.' Mr. Anwar Hussein, Managing Partner and Co-founder of Inovartic Investment, added: 'This initiative reflects our unwavering belief that advanced materials and deep tech must play a central role in solving the region's most pressing environmental challenges. Expanded graphite is not just a breakthrough in oil spill response. It's a cornerstone of a new industrial era where sustainability, resilience, and localization converge. Through this partnership and our platform under ADGM, we are positioning Abu Dhabi at the forefront of global cleantech manufacturing and circular economy innovation.' Dr Ahmad El Tannir, General Manager Al Masaood Energy, stated: 'This collaboration reflects Al Masaood Energy's commitment to advancing responsible innovation in the energy sector. Environmental resilience is now a core pillar of industrial competitiveness, and we are proud to support the localization and deployment of breakthrough solutions such as expanded graphite sorbents. We believe this technology will be a vital asset to the UAE's offshore infrastructure and maritime ecosystem.' Professor Montasir Qasymeh, Associate Provost for Research, Innovation and Academic Developmentat, Abu Dhabi University, noted: 'The collaboration between Inovartic and Al Masaood Energy demonstrates how academia and industry can co-create high-impact solutions that address environmental threats through innovation. At Abu Dhabi University, we are proud to support the testing and validation of advanced materials such as expanded graphite. This project is a model for how scientific research can translate into industrial value and national sustainability.' Technology Impact and UAE Alignment Demonstrated live to stakeholders including ADNOC entities, port authorities, regulators, and institutional investors, the solution supports the UAE's strategic goals in environmental protection, advanced manufacturing, and In-Country Value (ICV) development. Key Features of the Technology: Absorbs up to 80x its weight in oil and hydrocarbons Reusable, non-toxic, and compliant with circular economy principles Suitable for rapid deployment across marine, port, and inland spill scenarios Scalable for industrial production under a 'Made in the UAE' model The collaboration is currently in advanced discussions for pilot deployments in strategic UAE maritime zones, with plans to scale manufacturing through localized industrial facilities serving both regional and export markets. About Inovartic Investment Inovartic Investment is an Abu Dhabi-based investment and innovation platform focused on sustainability-led, scalable technologies across clean energy, advanced materials, digital infrastructure, and impact-driven ventures. About Al Masaood Energy Founded in 1971, Al Masaood Energy is one of the first established oil and gas suppliers and contractors in the UAE. With 50 years of expertise in upstream and downstream operations and a workforce of over 2000 headcounts, Al Masaood Energy provides advanced energy services throughout the UAE, the Middle East, North Africa, the Eastern Mediterranean and South Asia. Headquartered in Abu Dhabi, the company has subsidiaries in Saudi Arabia, Oman, Algeria, Cyprus and Pakistan, in addition to a sales network in Egypt, Greece and Montenegro, through its foreign affiliate ventures. Besides its core line of petroleum services, Al Masaood Energy is commonly known as one of the key local sponsors, agents and strategic partners of multinational contractors and manufacturers operating within the energy industry in the UAE. About Abu Dhabi University Graphene & Advanced Materials Research Centre The Graphene & Advanced Materials Research Centre at Abu Dhabi University is a leading research hub focused on the development and application of nanomaterials, particularly graphene and expanded graphite. The Centre collaborates with academic, governmental, and industry partners to address regional and global challenges in sustainability, energy, and environmental protection. With cutting-edge facilities and interdisciplinary expertise, the Centre plays a key role in advancing UAE's knowledge economy and material innovation landscape.
