Page 1

Page 2

Page 3

Page 4

Page 5

Page 6

Page 7

Page 8

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 8 | “In the heart of innovation and resilience, the Future 100 initiative signals a transformative shift toward a new economy. Commending the pioneers- the SMEs- and the collaborative spirit shaping our economic journey” H.E. ABDULLA BIN TOUQ AL MARRI UAE MINISTER OF ECONOMY workforce. These statistics underscore the undeniable significance of SMEs in achieving our economic goals, and driv- ing the ambitious objectives outlined in the UAE Centennial Plan. The Future 100 initiative is a strategic step towards realizing our vision for a new economy, one that embraces emerging sectors such as space, renew- able energy, fintech, and artificial intel- ligence (AI). By supporting enterprises that align with these new economy goals, our aim is to double the GDP, and create an environment conducive to sustainable growth. The initiative, therefore, serves as a catalyst for the transformation of our economic land- scape, propelling us towards becoming the best and most dynamic economy in the world. Sincere commendations are extended to the founders and teams of the 100 companies featured in this report for their outstanding contributions. These enterprises are not merely economic contributors; they are pioneers, shaping a future defined by ingenuity and adapt- ability. In the spirit of collaboration, my profound appreciation goes to our val- ued partners and the entire ecosystem whose unwavering belief in the vision and collaborative efforts have played an instrumental role in bringing the Future 100 initiative to fruition. May this Future 100 report stand as a testament to the strength of our economic ecosystem, and inspire future generations to contribute to the ever- evolving narrative of the UAE’s eco- nomic success. I am delighted to introduce the inaugural Future 100 list, a pio- neering initiative by the Ministry of Economy and the Government Development and the Future Office of the United Arab Emirates. As the Minister of Economy, I take pride in presenting a snapshot of our nation’s vibrant economic landscape, marked by innovation, resilience, and a steadfast commitment to sustainable growth. In the UAE, small and medium-sized enterprises (SMEs) play a pivotal role, constituting an astounding 94% of companies, contributing 63% to the non- oil gross domestic product (GDP), and employing 86% of the private sector 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY

Page 9

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY T he Future 100 initiative, envi- sioned as a cornerstone of the UAE’s commitment to nurturing a future-ready ecosystem of entrepre- neurship, stands as a testament to our nation’s resolve to not only participate in the future, but to actively shape it. It emerges as a key contributor to the “We the UAE” vision for the next decade. This initiative is more than a program; it’s a bridge connecting the visionary legacy of our founding fathers with the ambitions of our leadership, and H.E. OHOOD AL ROUMI UAE MINISTER OF STATE FOR GOVERNMENT DEVELOPMENT AND THE FUTURE | “The Future 100 initiative serves as an inspiration for what can be achieved when vision, talent, and determination converge, laying the groundwork for a future that reflects the ingenuity the UAE is known for.” 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY F U T U R E 1 0 0 . A E | P 9 THE FUTURE 100 the aspirations of a new generation of entrepreneurs. It embodies our belief in the power of collaboration- between government, industry, and the bright minds that fuel our nation’s progress. As we recount the journey and achievements of the Future 100 com- panies, we are not just reading about companies and their founders; we are delving into a narrative of ambition, in- novation, and foresight that is unique to the UAE. Each profile, each story within these pages, reflects the ingenuity, resilience, and visionary thinking that the UAE embodies. We sought companies that are driving economic growth while championing values central to our vision– future readiness, sustainability, innovation, and a commitment to the betterment of society. From tech startups revolution- izing how we interact with the world, to sustainable ventures reshaping our environmental future, each company has been selected for its potential to con- tribute to the future economic and social fabric of our nation and beyond. I extend my heartfelt gratitude to everyone who has played a part in bring- ing the Future 100 initiative to frui- tion– from the Ministry of Economy and its dedicated team who co-orchestrated the program, to all our partners who believed in its vision, and most impor- tantly, to the founders and teams of the 100 companies who are the heroes of this story. As we celebrate these companies, we celebrate the entrepreneurial spirit that is driving the UAE towards a future where possibilities are boundless, and ambitions know no limits. The Future 100 initiative serves as an inspiration for what can be achieved when vision, talent, and determination converge, laying the groundwork for a future that reflects the ingenuity the UAE is known for.

Page 10

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 10 A s the world is embracing the accelerating pace of change, the UAE confi- dently strides towards the future under the visionary leadership of H.H. Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, and the esteemed mem- bers of the Federal Supreme Council. Forged through the UAE’s Centennial Plan, the ongoing journey of development and growth, initiated by the founding fathers, persists with the aim of propelling the UAE to become the world’s premier nation within the next 50 years. The “We the UAE 2031” stands as a testa- ment to the visionary foresight of the UAE government, forwarding the nation towards a new society, economy, diplomacy, and ecosystem. The Forward Economy pillar serves as a dynamic force, propelling transformative change to shape the UAE’s economic land- scape. It is where the UAE aspires to forge an economy that is not only competitive but TOWARDS NEW PEAKS also experiences exceptional growth rates, characterized by diversification and high value in emerging strategic growth areas. The vision seeks excellence in promising future sectors, solidifying the UAE’s posi- tion as a preeminent economic power. It aims to unleash Emirati human potential, welcome diverse perspectives, and attract global talent. Creating an environment that fosters innovation, aligns with international standards, and supports pioneering re- search and development is pivotal. Such an environment is essential for entrepreneurs, enabling the private sector to play a pivotal role in shaping the economy of the future. Forward Economy Pillars 1. Cultivating the most dynamic and competitive economy. 2. Nurturing a competitive, flexible, and highly productive human capital. 3. Establishing an advanced, creative environment that pioneers the future. The Future 100 initiative was strategically conceived as one of the instruments to construct an advanced and creative envi- ronment for the future. The identification, recognition, and acceleration of the best companies in the UAE that advance future economic sectors, create a conducive space for the progression and the cultivation of exceptional talent. It serves as a platform where companies gain strategic visibility and access to further growth through the attraction of funding, business opportuni- ties, and valuable partnerships.

Page 11

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 11 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY E ntrepreneurs serve as the catalysts, creators, and drivers of the new future, steering innovation and economic transformation. The Future 100 initiative, championed by the UAE Ministry of Economy and the Government Development and the Future Office, casts a spotlight on the human talent developing solutions propelling the UAE towards the most dynamic and competitive economy. Aligned with the Forward Economy pillar of the “We the UAE 2031” vision, this national initiative is crafted to identify, rec- ognize, and accelerate the most exemplary companies in the UAE’s future economic sectors. BUILDING THE UAE’S FUTURE ECONOMIC SECTORS Embracing future sectors and technolo- gies is paramount not only to position nations at the forefront of global com- petitiveness, but also to ensure resilience in an ever-evolving economic landscape, reinforcing the foundation for future prosperity. Leading entrepreneurship ecosystem stakeholders in the UAE have collectively joined efforts to support the identifica- tion of the most potential candidates. The initiative focuses on startups and scaleups with significant operations in the UAE and not exceeding 250 full-time employees. We are proud to publish the first list of leading enterprises in the UAE making promising contributions to the country’s future economic sectors. We are thrilled at reaching this milestone; putting some of the best future companies in the spotlight will lead not only to their growth, but also to the advancement of the entire entrepreneurship ecosystem and the UAE economy as a whole. Future 100 companies will receive access to acceleration benefits provided by esteemed acceleration partners, including access to funding, discounted financing and banking services, entre- preneurship acceleration programs, and business contracts. | FUTURE TECHNOLOGIES | | FUTURE INDUSTRIES | ADVANCED MANUFACTURING 3D PRINTING CREATIVE INDUSTRIES INTERNET OF THINGS FINTECH SHARING ECONOMY RENEWABLE ENERGY AGRITECH AI-BASED SERVICE OPTIMIZATION CYBERSECURITY ON-DEMAND ECONOMY HEALTH TECH SPACE BIOTECHNOLOGY BLOCKCHAIN EDUTECH ROBOTICS INTELLIGENT MOBILITY SUSTAINABILITY & ENVIRONMENT WEB3

Page 12

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY F U T U R E 1 0 0 . A E | P 12 THE FUTURE 100 Strategic Acceleration Community FUTURE 100 PARTNERS

Page 13

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 13 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY F uture 100 companies were selected through direct applications and nominations made by leading UAE entrepreneurship ecosystem stakeholders. After receiving 1000+ direct applications and nominations, shortlisted applicants engaged in 200+ online interviews with 45 subject matter experts. The criteria based on which the applicants were assessed included innovativeness, business model viability, market potential, and environment, sustainability, and governance (ESG). The companies are listed in alphabetical order, and the list is applicable to the year 2023. FUTURE 100 COMPANIES OVERVIEW Sector Maturity Gender Founder Nationality The Future 100 companies comprise 26 nationalities. Startups Avg. number of full time employees Scaleups Avg. number of full time employees Avg. revenue in past 12 months Avg. revenue in past 12 months AED 1.200.000 AED 10.000.000 18% 82% FEMALE MALE SCALEUPS 39% STARTUPS 61% 12 37

Page 14

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 14 FUTURE 100 LIST - 2023 2021 2019 2013 2016 2022 2019 2017 2020 2018 2022 2016 2021 2023 2021 2021 2022 2023 2020 2017 2015 2018 2019 2013 2022 2016 FINTECH FINTECH AGRITECH EDUTECH FINTECH EDUTECH EDUTECH SUSTAINABILITY & ENVIRONMENT OTHER / TECHNOLOGY FINTECH HEALTHTECH FINTECH SUSTAINABILITY & ENVIRONMENT FINTECH FINTECH CREATIVE INDUSTRIES SUSTAINABILITY & ENVIRONMENT BIOTECHNOLOGY SUSTAINABILITY & ENVIRONMENT FINTECH AGRITECH CREATIVE INDUSTRIES RENEWABLE ENERGY HEALTHTECH SUSTAINABILITY & ENVIRONMENT ABHI ACX ALESCA TECHNOLOGIES ALMENTOR APPRO AR ENGINEERING ARABEE ARCHIREEF ARROW LABS ASTRA TECH AUMET AURA AYA BARAKA BAYTUKUM CAMB.AI CARBONSIFR CIRCA BIOTECH DEMOCRANCE DESERT CONTROL DESIGNHUBZ DESOLENATOR DIAGNIO DIGITAL ENERGY Financial benefit and wellness solution offered to employees, providing them with early access to their earned wages. A proprietary exchange platform built for the streamlined transaction of environmental assets. AI-enabled turnkey vertical farms and precision agriculture solutions. Pioneering video learning in MENA through the largest library of video-based online learning, across a wide range of subject areas. Banking onboarding platform facilitating instant processing and approvals. Revolutionary Arabic language learning: interactive, engaging, offline, and online tools catering to diverse learning styles. Nature-based biomimicry solution to aid the restoration of degraded coral reefs. Data-driven service delivery management software for critical industries and utilities. AI-driven healthcare data analytics. AI-driven pharmacy procurement automation. Helping businesses sell contextually relevant insurance at checkout. Bringing together the best of Web3 and crowdfunding to bridge climate finance. Upcycling food waste into sustainable aviation fuel using industrial insect farming. Enterprise B2B Software-as-a-Service for insurance in emerging markets. Nanotech solutions transforming sand into soil in 7 hours. Community recycling made easy and rewarding by leveraging AI technology to achieve source sorting. Empowering industries with innovative AI solutions for sustainable and efficient environmental stewardship. SaaS platform empowering eCommerce shopping with 3D & Virtual Try-On AR technologies. First express diagnostics for hormonal health and fertility. The world’s first circular solar desalination system - tapping into abundant sea and sun to produce clean water from complex sources. Regulated crowdfunding platform for real estate investments that enables everyday individuals to co-own properties with as little as AED 5,000. Revolutionary AI-driven platform for ultra-realistic localization and dubbing in over 120 languages. AI-enabled climate-tech platform enabling businesses to easily measure, reduce, and remove their carbon footprint. Revolutionizing investing by making trust, education, and product innovation the corner- stone of every individual’s financial journey. MENA region’s leading consumer technology holding group, creating the world’s first inclusive ultra app with over 150 million users. Immersive technology platform for learning and training, designed to bridge knowledge and skills gaps for both academia and enterprises. CYCLED TECHNOLOGIES MIDDLE EAST

Page 15

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 15 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY 2019 2021 2017 2022 2020 2012 2021 2016 2015 2018 2021 2021 2019 2020 2022 2016 2020 2020 2023 2017 2021 2022 2019 2021 2019 DISTICHAIN DOCTOORI CONNECT DRIVU DUVERSE EFUNDER.AI ENERWHERE ESAAL SOLUTION EUREKA.AI EXSURGO FALCON ROBOTICS FARMIN FINFIX FOLOOSI FORTYGUARD FUZE GRACIA GROUP HEROGO HYDRO WIND ENERGY HYVEGEO IFARM JALEBI.IO KEYPER KLAIM KYMA LETSWORK OTHER / TECHNOLOGY HEALTHTECH OTHER / TECHNOLOGY EDUTECH FINTECH RENEWABLE ENERGY FINTECH FINTECH HEALTHTECH SPACE SPACE FINTECH FINTECH SUSTAINABILITY & ENVIRONMENT FINTECH AGRITECH SUSTAINABILITY & ENVIRONMENT RENEWABLE ENERGY SUSTAINABILITY & ENVIRONMENT AGRITECH SUSTAINABILITY & ENVIRONMENT FINTECH FINTECH OTHER / REAL ESTATE SaaS B2B platform automating global trade through an ecosystem of services. Personalizing health journeys through specialized diagnostics and expert coaching. Enabling drive-thru economy for all. A Dubai-born and based company offering turnkey Metaverse & Artificial Intelligence solu- tions to enhance the performance of various sectors. AI-driven digital financing platform for SMEs. Enabling digital transformation using transactional data. AI-as-a-service platform for telecom operators. Chronic pain management evolved through leveraging neuroplasticity. Near-real-time critical insights from space. Flexible workplace savings for SMEs in the MENA region. Urban temperature data solutions, using AI-powered software, offered to B2B markets to enable cooling down cities. Software and APIs to accept payments and manage transactions. Capturing CO2 and greening the desert using micro-algae. AI-enabled SaaS for millions of restaurants, saving billions in unoptimized inventory costs. Rent facilitation platform for Dubai tenants to pay monthly and landlords to get paid upfront. Economically efficient and data-driven indoor farms. Insurance claims payment acceleration solution. An innovative model of future farming, a platform to combine all key players in the sectors of agriculture and sustainability. MENA’s pioneer grocery subscription service reducing food costs by fighting food loss and waste. Harnessing offshore wind in deep waters for power generation with built-in energy storage. Digital asset infrastructure platform, enabling financial institutions to embed digital asset products natively into their apps. AI models for autonomous navigation, data analysis, space missions, and an AI-powered platform that connects any software and/or databases and robotics. Data-driven solar utility company providing clean, reliable energy with modular solar-hybrid mini-grids. SUSTAINABILITY & ENVIRONMENT Cleaning chemicals using chemical and technological innovations to make our products more eco-friendly. MENA’s first offices, meeting room, and workspace membership platform.

Page 16

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 16 2020 2020 2016 2018 2023 2019 2021 2022 2014 2017 2021 2011 2023 2023 2020 2020 2019 2017 2019 2017 2021 2020 2022 2022 2023 AI-driven transaction enrichment and analytics platform for financial institutions. FINTECH OTHER / LOGISTICS OTHER / TECHNOLOGY RENEWABLE ENERGY SPACE SUSTAINABILITY & ENVIRONMENT ADVANCED MANUFACTURING OTHER / TECHNOLOGY INTELLIGENT MOBILITY HEALTHTECH HEALTHTECH HEALTHTECH HEALTHTECH HEALTHTECH AGRITECH AGRITECH INTELLIGENT MOBILITY SUSTAINABILITY & ENVIRONMENT FINTECH OTHER / E-COMMERCE SUSTAINABILITY & ENVIRONMENT SPACE OTHER / WEB 3.0 SUSTAINABILITY & ENVIRONMENT SUSTAINABILITY & ENVIRONMENT Empowering businesses to digitize their customers’ journey from order to pay- ment to delivery. First automated solar panel factory. Sustainable data storage solutions in space, ensuring efficient and eco-conscious management of information beyond Earth. Sustainable water production inspired by nature. AI-driven B2B one-stop smart office application and legal application. Automating and augmenting large operations through robotics and AI. Combining the best of digital and traditional care along clinical pathways to acceler- ate the diagnosis and treatment of chronic diseases in women. Locally produced ultra-low carbon biofuel made from local waste, immediately reduc- ing the carbon footprint by up to 86% without any engine modifications. A nutraceutical certification institute to certify and claim and rate claims on the content and quality of nutraceutical products. World-class proprietary analytical capabilities will change the way care is delivered to patients with the rarest of diseases. Highly scalable, open-source, decentralized, and secure blockchain-based communication infrastructure. AI-driven personalized human digital twins for predictive and preventive healthcare. Cancer diagnostics and treatment through the power of Artificial Intelligence and machine learning, improving clinical outcomes and reducing costs. A mission-driven, technology-enabled agribusiness focused on year-round, sustainable production of premium-quality fresh fruits and vegetables. Smart food safety and traceability solution. IoT platform connecting the physical world into the digital realm. A global quality-assured trading platform that enables buyers and sellers to efficiently trade recycled plastic. Fully scalable integrated low-code anti-money laundering tool with AI prowess. AI-powered social media commerce platform, enabling retailers and home-based businesses to sell directly on all social media. Tech-enabled trust in pre-owned electronic devices. Innovative Satellite Solutions: Compact, powerful, reliable, enabling groundbreaking space missions with cutting-edge technology. Instilling circular economy practices through technology-enabled interventions. Manufacturing and providing AI-robotic solutions for the retail, hospitality, educa- tion, and health sectors with a new business model. Revolutionary platform creating smart solutions for logistic and storage requirements between businesses and consumers. LOGISTI LUNE TECHNOLOGIES LYVE GLOBAL MAANA ELECTRIC MADARI SPACE LIMITED MANHAT MARSES ROBOTICS MEERANA TECHNOLOGIES MICROPOLIS DIGITAL DEVELOPMENT NABTA HEALTH NADEERA TECHNOLOGIES NEUTRAL FUELS NUTRALIS P4ML PRAVICA PREDICTIV CARE PROGNICA LABS PURE HARVEST QS MONITOR RAZRLAB REBOUND REMITEX REST HERO REVENT SADEEM SPACE

Page 17

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 17 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY 2019 2017 2018 2022 2018 2017 2019 2019 2020 2021 2016 2016 2023 2021 2021 2018 2017 2021 2020 2021 2022 2021 2021 2011 2021 Near-real-time EO data and analytics independent of weather conditions. A one-stop-shop financial technology platform for investing and money management. A digital platform for global seafood supply chains, providing efficiency, transparency, and traceability. Impact-driven, data-focused, and tech-enabled company that is diverting food waste from landfills through nature-based repurposing solutions. Global trade compliance management solution, powered by digital commodity passports for automated verification. The leading immersive social video platform. Prevention-focused digital health insurance platform. Leveraging cutting-edge tech and AI, creating revolutionary accessibility tools for society, driven by lived experiences. World’s first credit/debit card sharing platform. The first financial education platform in the UAE. A modern app for families that simplifies discovery and payments for tuition and education-related services. Leading cloud-based telephony system in the Middle East. Digital infrastructure to power private market transactions. First gamified community-based payments app and Mastercard prepaid card exclusively tailored for Gen Z in the Middle East. The first AI-powered platform for dental diagnostics and practice management, offering Dental-as-a-Service. User-centric healthcare journeys for control and empowerment. Family money management and financial literacy app, paired with a prepaid debit card for youth. Delivering on-demand mobility through its digital ecosystem, Udrive is the largest car-sharing platform in the region. Generative AI Platform and AI agents for MENA. Revolutionizing the Metaverse with AI-driven workforce, shaping tomorrow’s digital realms today. Revolutionizing Arabic language analysis with AI-powered sentiment and dialect understanding for unparalleled market insights. Last-mile manufacturing enabling companies to make mission-critical parts where and when they are required. AI-powered external exposure management platform for complete visibility into cyber threats. Advanced electric motorbike with an intelligent rider assist system. AI-powered platform offering retailers same-day shipping through a courier network. SPACE FINTECH SUSTAINABILITY & ENVIRONMENT SUSTAINABILITY & ENVIRONMENT SUSTAINABILITY & ENVIRONMENT CREATIVE INDUSTRIES FINTECH INTELLIGENT MOBILITY FINTECH EDUTECH OTHER / TECHNOLOGY OTHER / TECHNOLOGY FINTECH FINTECH HEALTHTECH HEALTHTECH FINTECH INTELLIGENT MOBILITY OTHER / AI OTHER / AI OTHER / AI ADVANCED MANUFACTURING CYBERSECURITY INTELLIGENT MOBILITY INTELLIGENT MOBILITY SARSATX SARWA SEAFOOD SOUQ SHAFFRA SILA SINTEREX SPIDERSILK SULMI SWFTBOX THE WASTE LAB UDENZ UDRIVE UKTOB.AI VALEO HEALTH VERITY VEROFAX VUZ WELLX WEWALK XARE YABI BY SOUQALMAL ZENDA ZEST EQUITY ZIWO ZYWA

Page 18

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 18 Abhi “ I N A W O R L D W H E R E W E C A N I N S T A N T L Y A C C E S S G R O C E R I E S , S E R V I C E S , L U X U R I E S A N D M O R E W I T H A S I M P L E C L I C K , W H Y S H O U L D W E H A V E T O W A I T U N T I L T H E E N D O F T H E M O N T H T O A C C E S S O U R S A L A R I E S ? W E A T A B H I B E L I E V E T H A T T H E T I M E T O P R O - V I D E E M P L O Y E E S W I T H I N S T A N T A C C E S S T O T H E I R E A R N E D W A G E S I S N O W ! ” www.abhi.ae A FINANCIAL BENEFIT AND WELL- NESS SOLUTION OFFERED TO A BUSINESS’ EMPLOYEES, PROVID- ING THEM WITH EARLY ACCESS TO THEIR EARNED WAGES. Abhi aims to be the first company in the UAE to offer earned wage access and invoice factoring solutions to corporates and their employees, across the region. Abhi’s embedded finance platform provides instant credit access, aiding businesses, employees, and vendors to bridge pay- ment gaps. Having partnered with 450+ companies, Abhi, which is licensed by both Abu Dhabi General Market and Dubai Inter- national Financial Centre, thus aims to drive economic growth. In 2023, it became the first fintech enterprise in the MENAP region to be recognized as a Technology Pioneer by the World Economic Forum. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION ABU DHABI | OMAIR ANSARI, CO-FOUNDER AND CEO, ABHI |

Page 19

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 19 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY ACX “Once ACX’s clearing house is operational, it will provide companies across the world access finance by using their carbon holdings as collateral. If global ambitions for climate are to be met, carbon credits will have to become a larger asset class than oil! And if the UAE continues to work with ACX to build the wider carbon ecosystem, then it will become one of, if not the, major trading centers of the world for carbon credits.” www.acx.net A PROPRIETARY EXCHANGE PLATFORM BUILT FOR THE STREAMLINED TRANSAC- TION OF ENVIRONMENTAL ASSETS. ACX operates the world’s first rec- ognized investment exchange for environmental instruments in Abu Dhabi. It caters to corporates, financial traders, carbon project developers, and other industry stakeholders. ACX provides participants with an efficient and transparent trading platform that is user-friendly, seamless and offers the lowest transaction fees in the market. Leveraging distributed ledger technology, ACX facilitates and scales growth of the environmental product markets to align with global ambitions of achieving net zero. | FOUNDED IN 2019 | SECTOR FINTECH | LOCATION ABU DUBAI | THOMAS MCMAHON AND WILLIAM PAZOS, CO-FOUNDERS AND CO-CEOS, ACX |

Page 20

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 20 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Alesca Technologies “Alesca has localized key agri- tech research and development and manufacturing capabilities in the UAE. For Aramco’s flag- ship vertical farming project in Dammam, Alesca manufactured the modular structures in Ajman, assembled the indoor growing systems in Dubai, and completed the installation and commission- ing in Saudi Arabia. Alesca is also partnering with major real estate developers (Emaar, Aldar, Sus- tainable City, Masdar City, Expo City) in the UAE to grow fresh produce directly in residential communities and commercial properties to significantly reduce logistical miles, food waste, and resource use.” www.alescalife.com AN ENTERPRISE OFFERING ARTIFICIAL INTELLIGENCE- ENABLED TURNKEY VERTICAL FARMS AND PRECISION AGRI- CULTURE SOLUTIONS. Alesca’s vision is to democratize access to fresh and nutritious food by democratiz- ing the means and knowledge of produc- tion. Its mission is to develop a hardware, software, and data ecosystem to enable anyone anywhere to grow safe, nutritious, fresh produce in their own communities. In order to accomplish this, the company has developed patented turnkey vertical farms, operational management software, artificial intelligence (AI)-enabled internet of things (IoT) devices, multi-spectral cameras, and computer vision platforms to grow over 100 varieties of fresh produce, flowers, and fruit saplings using 90-99% less water, fertilizer, and land compared to traditional farms, with no need for chemical pesticides or genetically modified organisms (GMOs). Alesca is a true system innovator that has developed all core technology in-house, and it has built one of the most robust hard- ware and electronic supply chains in the global agritech sector. | FOUNDED IN 2013 | SECTOR AGRITECH | LOCATION DUBAI | STUART ODA, FOUNDER AND CEO, ALESCS TECHNOLOGIES |

Page 21

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 21 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Almentor “LEARNING IS A LIFELONG JOURNEY, AND ALMENTOR IS THE ENDURING PARTNER IN THIS QUEST FOR INDIVIDUALS, GOVERNMENTS, AND THE PRIVATE SECTOR. OUR COM- MITMENT EXTENDS ACROSS THE UAE AND MENA REGION, FOSTER- ING HOPE AND NURTURING TALENT. ECONOMICALLY, ALMENTOR IS NOT JUST A SUCCESSFUL AND SUSTAIN- ABLE ENTITY IN THE REGIONAL ENTREPRENEURSHIP LANDSCAPE, BUT A CORNERSTONE FOR COMMU- NITY GROWTH AND EXCELLENCE.” www.almentor.net THIS ENTERPRISE IS PIO- NEERING VIDEO LEARNING IN THE MENA THROUGH THE LARGEST LIBRARY OF VIDEO-BASED ONLINE LEARNING ACROSS MANY SUBJECT AREAS. Almentor has a robust base of over two million registered learners, strategi- cally aiming to engage and sustain ten million recurrent self-learners from the Arab region. It provides diverse solutions encompassing B2C and B2B subscriptions, as well as bespoke B2G project initiatives. Initially conceived as a regional leader in video-based learning, Almentor is pioneering a distinctive edutainment sector through its innovative movie-based learning experiences. Almentor extends beyond the confines of a traditional edtech company, emerging as a potent “soft power” media entity that promotes both individual and professional ad- vancement. 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY | FOUNDED IN 2016 | SECTOR EDUTECH | LOCATION DUBAI | IHAB FIKRY, CO-FOUNDER AND CEO, AND IBRAHIM KAMEL, CO-FOUNDER AND COO, ALMENTOR |

Page 22

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 22 Appro www.appro.ae APPRO IS A BANKING ONBOARDING PLATFORM FACILITATING INSTANT PROCESSING AND AP- PROVALS. Appro is a banking onboarding platform enabling its partner banks to offer instant banking facility approval with zero manual data entry or back-end op- erational efforts, while complying with all regulatory and risk requirements. | FOUNDED IN 2022 | SECTOR FINTECH | LOCATION DUBAI | TAREK OSMAN, CO-FOUNDER AND CCO, IFTEKHAR SALIM, CO-FOUNDER AND CEO, ANTO FELIX, CTO, APPRO | “ S I M P L I F Y I N G B A N K I N G O N B O A R D I N G E N H A N C E S E F F I C I E N C Y A N D C O N V E - N I E N C E , F O S T E R I N G A M O R E C O M P E T I T I V E A N D D Y N A M I C F I N A N C I A L S E C - T O R . I T E N A B L E S R A P I D A C C E S S T O B A N K I N G S E R V I C E S , P R O M O T E S D I G I T A L T R A N S A C T I O N S , A C C E L E R A T E S E C O N O M I C A C T I V I T I E S , A N D E N C O U R A G E S F I N A N C I A L I N N O V A T I O N . ”

Page 23

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 23 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY AR Engineering “AR Engineering’s ground- breaking technology is pivotal in addressing the intricate demands of crucial engineer- ing sectors, such as aerospace and manufacturing. In these fields, which are vital for the economic growth of the UAE, our immersive AR solutions are instrumental in training the next generation of Emirati tal- ent. By offering advanced train- ing experiences, we empower young individuals with the skills to compete globally. AR Engineering actively positions the UAE as a competitive force among leading nations, foster- ing innovation and sustainabil- ity in key sectors.” www.arengineering.tech AR ENGINEERING OFFERS AN IMMERSIVE TECHNOLOGY PLATFORM FOR LEARNING AND TRAINING DESIGNED TO BRIDGE KNOWLEDGE AND SKILLS GAPS FOR ACADEMIA AND ENTERPRISES. AR Engineering, an Emirati company founded in 2019, is a leading player in augmented reality (AR) software technology. In 2023, AR Engineering received backing from the Tawazun Council and Boeing Aerospace Xeler- ated program. With a significant influ- ence on major organizations in various sectors like aerospace, defense, oil and gas, medical, and academia, AR Engineering is pioneering learning and professional development transforma- tion through immersive AR solutions. | FOUNDED IN 2019 | SECTOR EDUTECH | LOCATION SHARJAH | AKRAM AMIR, FOUNDER AND CEO, MOHAMMAD AL HILALI, CO-FOUNDER AND CHIEF ENGINEER, YASIR AL HILALI, CO-FOUNDER, AR ENGINEERING |

Page 24

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 24 Arabee “ O U R C O M P A N Y P L A Y S A P I V O T A L R O L E I N S H A P I N G T H E U A E ’ S F U T U R E B Y C H A M P I O N I N G A R A B I C L A N G U A G E E D U C A T I O N . W E A R E D E D I C A T E D T O E M P O W E R I N G T H E N A T I O N ’ S Y O U T H W I T H C O M P R E H E N S I V E , I N N O V A T I V E T O O L S T H A T F A C I L I T A T E F L U E N C Y I N A R A B I C . B Y P R O M O T I N G L I N G U I S T I C P R O F I C I E N C Y , C U L T U R A L U N D E R S T A N D I N G , A N D A C A D E M I C E X C E L - L E N C E , W E C O N T R I B U T E T O N U R T U R I N G A S K I L L E D W O R K F O R C E A D E P T I N C O M M U N I C A - T I O N , F O S T E R I N G N A T I O N A L U N I T Y , A N D P R E S E R V I N G C U L T U R A L H E R I T A G E . ” www.arabeelearning.com ARABEE OFFERS REVOLU- TIONARY ARABIC LANGUAGE LEARNING: INTERACTIVE, ENGAGING, OFFLINE AND ONLINE TOOLS CATERING TO DIVERSE LEARNING STYLES. Arabee is a pioneering educational platform specializing in Arabic language learning. Its core purpose revolves around making Arabic educa- tion engaging and accessible for learners of all ages. It offers a diverse suite of interactive tools as well as a comprehensive curriculum that covers reading, writing, speaking, and listening skills. What sets Arabee apart is its commitment to catering to various learning styles -audio, kinaesthetic, reading, and writing- through both online and offline tools. It also supports teachers and students with teacher resources, content, and an app to ensure maxi- mum retention. Its unique value proposition is providing a seamless, internationally accredited curriculum designed to foster a deeper under- standing and proficiency in Arabic. Arabee thus aims to revolutionize language learning by com- bining innovation, interactivity, and inclusivity, empowering learners worldwide to master Arabic effectively, and with enthusiasm. | FOUNDED IN 2017 | SECTOR EDUTECH | LOCATION DUBAI | HALA AL ALI, CO-FOUNDER, LENKA BASWEIDAN, FOUNDER, SAEED BASWEIDAN, FOUNDER AND CHAIRMAN, FERAKH LAKHANY, CO-FOUNDER, ARABEE |

Page 25

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 25 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Archireef “We’ve partnered with the Environment Agency - Abu Dhabi to help restore coral reefs across the Arabian Gulf. With this, we contribute to a healthier ecosystem critical to the world’s food supplies, coastal protection, and tourism. In addition, we are improving our understanding of the potential for super cor- als, something the UAE could be at the forefront of.” www.archireef.co ARCHIREEF OFFERS A NATURE-BASED BIOMIMIC- RY SOLUTION DEDICATED TO THE RESTORATION OF DEGRADED CORAL REEFS. Archireef believes that active res- toration and nature-positivity are critical components for the future of the world’s marine ecosystems, from shorelines to coral reefs. As a nature tech company, Archireef focuses on restoring coral reefs, with its reef tiles serving as a substrate for corals, ac- celerating their recovery in particularly challenged geographies. Armed with the purpose to restore degraded ma- rine ecosystems through a science-led approach, the company’s ultimate mis- sion is to create coral highways, and build a global network of substrates to help save and recover coral reefs around the world. | FOUNDED IN 2020 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION ABU DUBAI | VRIKO YU, CO-FOUNDERS AND CEO, DENIZ TEKEREK, CO-FOUNDER AND CCO, ARCHIREEF |

Page 26

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 26 Arrow Labs “Arrow Labs has been in- strumental in facilitating the digital transformation of prominent companies within the UAE’s critical industries sector and public service organizations. Through utilizing the Arrow Labs MIMS platform and its cutting- edge capabilities, clients witnessed a significant enhancement in efficiency, cost-effectiveness, and envi- ronmental sustainability. This transformation has reduced fuel consumption, decreased paper waste, and heightened safety for both service pro- viders and recipients. Arrow Labs is committed to playing a pivotal role in the UAE’s ongoing digital transforma- tion journey.” www.arrowsecure.com ARROW LABS OFFERS DATA-DRIVEN SERVICE DELIVERY MANAGEMENT SOFTWARE FOR CRITICAL INDUSTRIES AND UTILITIES. Arrow Labs is dedicated to streamlining and enhancing service operations for vital industries and utilities. Its core objective is to optimize processes, generate cost savings, and provide substantial value to its clients and the broader economy. In pursuit of this mission, it allocates resources to advance cutting-edge artificial intel- ligence technology, which enables it to create software solutions that foster seamless collaboration among service teams, the machinery they employ, and the facilities they maintain, thereby uniting the entire organization. | FOUNDED IN 2018 | SECTOR OTHER/ TECHNOLOGY | LOCATION DUBAI | RAMI DARWISH, FOUNDER AND CEO, ARROW LABS |

Page 27

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 27 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Astra Tech “ A T T H E H E A R T O F A S T R A T E C H ’ S M I S S I O N I S L A U N C H I N G S O L U T I O N S T O S I M P L I F Y E V E R Y - O N E ’ S L I F E , A N D M A K I N G A D V A N C E D T E C H N O L O G Y A N D A R T I F I C I A L I N T E L L I G E N C E A C C E S - S I B L E T O A L L . W I T H O V E R 1 5 0 M I L L I O N U S E R S I N O V E R 1 5 5 C O U N T R I E S , O U R U S E R B A S E I S V A S T , A N D O U R O P P O R T U N I T I E S L I M I T L E S S . I N T H E U A E A L O N E , O U R P E N E T R A T I O N R A T E I S A L M O S T 8 0 % . A N D B E Y O N D T H E U L T R A A P P L I E S A S T R A T E C H ’ S C O M M I T M E N T T O P R O V I D I N G F I N A N C I A L S E R V I C E S T O P E O P L E , R E G A R D L E S S O F T H E I R C I R C U M S T A N C E S . ” www.astratech.ae ASTRA TECH IS THE MENA REGION’S LEADING CON- SUMER TECHNOLOGY HOLDING GROUP, CREAT- ING THE WORLD’S FIRST INCLUSIVE ULTRA APP WITH OVER 150 MILLION USERS. Astra Tech’s purpose is to simplify every- one’s life, and offer an inclusive solution that combats app fatigue, and the need to download multiple apps, while also enabling everyone to access free calls as well as a full range of fintech solutions, thereby financially empowering individuals from all walks of life. The company thus aims to cre- ate impact through accessible and inclusive communications and fintech solutions, and ultimately empower communities through technology. | FOUNDED IN 2022 | SECTOR FINTECH | LOCATION DUBAI | ABDALLAH ABU-SHEIKH, FOUNDER AND CEO, ASTRA TECH |

Page 28

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 28 Aumet www.aumet.com AUMET PROVIDES HEALTH- CARE DATA ANALYTICS DRIVEN BY ARTIFICIAL INTELLIGENCE. Aumet automates the pharmaceuti- cal procurement supply chain by providing enterprise resource plan- ning services that provide real-time artificial intelligence-driven health- care data to government entities and pharmaceutical manufacturers to monitor the demand and supply of medicine nationwide. | FOUNDED IN 2016 | SECTOR HEALTHTECH | LOCATION ABU DUBAI | (STANDING) AHMAD SMADI, VICE PRESIDENT OF ENGINEERING, ADEL HADDAD, VICE PRESIDENT OF FINANCE, MOHAMMAD SHAMASNEH, HEAD OF ACCOUNTING AND FINANCE, YAHYA NAJJAR, VICE PRESIDENT OF OPERATIONS (SITTING) YAHYA AQEL, CO-FOUNDER AND CEO, MOHAMAD BATTERJEE, CO-FOUNDER AND CCO, AUMET | “ W E W I L L P R O V I D E A N A R T I F I C I A L I N T E L L I G E N C E - D R I V E N F O R E C A S T F O R M E D I C I N E S H O R T A G E S A C R O S S T H E U A E , W H E R E B Y N O P A T I E N T W I L L E V E R F A C E A M E D I C I N E S H O R T A G E I N T H E C O U N T R Y . ”

Page 29

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 29 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Aura “WE ARE ALIGNED WITH THE UAE CENTRAL BANK’S EFFORTS TO DE- VELOP THE COUNTRY’S INSURANCE INDUSTRY, WHICH CONTRIBUTES TO ECONOMIC GROWTH BY PRO- MOTING STABILITY, ENCOURAGING INVESTMENT AND ENTREPRENEUR- SHIP, AND PROVIDING A FINANCIAL SAFETY NET FOR INDIVIDUALS AND BUSINESSES. WE ENDEAVOR TO CLOSE THE PROTECTION GAP FOR THE PEOPLE OF THE UAE, SO THAT THEY CAN LEAD HAPPIER LIVES, AND HAVE PEACE OF MIND.” www.aurainsure.tech AURA HELPS BUSINESSES SELL CONTEXTUALLY RELEVANT INSURANCE AT CHECKOUT. Aura is a proudly homegrown insurtech company in the UAE built with the sole intention to democratize insurance in the MENA region, and make insurance more accessible and affordable. The company wants to assist people in buy- ing insurance within their eight-second online attention span by integrating insurance into their routine transac- tions, and it does this by partnering with their preferred service providers or merchants such as e-commerce companies, ride-hailing apps, telcos, banks, exchange houses, payment wallets, etc. Aura’s value proposition for customers is access to affordable insurance products with a single click at checkout. Merchants that partner with Aura benefit from additional revenue, the value they can provide to their customers, and a strong sense of affinity they can create with them, while insurers get access to new busi- ness segments and have improved market penetration. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION DUBAI | ARVIND VENKAT,FOUNDER, AURA |

Page 30

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 30 Aya “ A T A Y A , W E A R E B U I L D I N G T H E F I R S T F U L L Y R E G U L A T E D W E B 3 P L A T F O R M F O R C L I M A T E F I N A N C E . A Y A W I L L W O R K W I T H F O U N D E R S A N D P R O J E C T S F R O M T H E U A E , A N D H E L P T H E M R A I S E C A P I T A L F R O M O U R C O M M U N I T Y O F A C C R E D I T E D I N V E S T O R S , U N D E R S T A N D T H E C A R B O N S E Q U E S T R A T I O N F R O M T H E I R P R O J E C T S , A N D I S S U E A S S E T - B A C K E D T O K E N S O R B O N D S T O R A I S E C A P I T A L . ” www.aya.foundation AYA IS BRINGING TOGETHER THE BEST OF WEB3 AND CROWD- FUNDING TO BRIDGE CLIMATE FINANCE. Aya is a climatetech launchpad and advisory platform unwaveringly dedi- cated to harnessing the full potential of technology to drive transformative climate solutions. As trailblazers in Web3, it embraces the power of de- centralized networks and blockchain, thereby elevating its approach, and amplifying the impact of its initiatives. The company’s fully regulated platform stands to empower impact-driven visionaries to flourish and collabora- tively craft sustainable projects that transcend limitations, leaving a legacy for generations to come. | FOUNDED IN 2023 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | PRAKASH SOMOSUNDARAM, CO-FOUNDER AND CEO, AYA |

Page 31

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 31 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Baraka “By collaborating with local entities, we at Baraka ensure compliance and market rel- evance, while actively promot- ing financial literacy. Our efforts empower UAE residents to make informed financial deci- sions, ultimately contributing to the nation’s economic growth. As financial literacy grows, individuals become more adept at managing their finances, leading to higher savings rates, increased investments, and improved economic efficiency. Baraka’s presence also gener- ates employment opportuni- ties, further enhancing the UAE’s economic landscape.” www.getbaraka.com BARAKA IS REVOLUTIONIZ- ING INVESTING BY MAKING TRUST, EDUCATION AND PRODUCT INNOVATION THE CORNERSTONE OF EVERY INDIVIDUAL’S FINANCIAL JOURNEY. Baraka aims to foster financial em- powerment with trust and integrity. By providing global market accessibil- ity, curated financial education, and a passion for localized product innova- tion, the company is committed to empowering individuals in the region to own their financial future, and make informed investment decisions. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION DUBAI | FERAS JALBOUT, FOUNDER AND CEO, BARAKA |

Page 32

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 32 Baytukum “At Baytukum, our vision- ary regulated crowdfund- ing platform for real estate investments catalyzes a transformational shift in our nation’s trajectory. Empowering individuals to co-own proper- ties, we fuel early entry into real estate, fostering financial independence, and igniting the journey toward generational prosperity. Our platform culti- vates a distinguished commu- nity of residents, elevating their economic contributions, and propelling our nation towards a promising future.” www.baytukum.ae BAYTUKUM IS A REGULATED CROWDFUNDING PLATFORM FOR REAL ESTATE INVESTMENTS THAT ENABLES EVERYDAY INDIVIDUALS TO CO-OWN PROPERTIES FROM AS LITTLE AS AED5,000. Baytukum is a crowdfunding platform regu- lated by the Dubai Financial Services Au- thority that enables individuals of all ages and income brackets to achieve financial prosperity by making micro-investments in real estate. The platform empowers indi- viduals to make informed investment deci- sions leading to economic prosperity, and supports them on their journey towards financial independence. While Baytukum manages the investment operations from A to Z, the clients can sit back and earn a passive income from their investments, and benefit from the capital gains at the time of sale. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION DUBAI | LATIFA BIN HAIDER, FOUNDER AND MANAGING PARTNER, BAYTUKUM |

Page 33

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 33 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Camb.ai “FOUNDED IN THE UAE, CAMB.AI IS REVOLUTIONIZING THE AI DUBBING INDUSTRY, AIMING TO MAKE DUBAI THE GLOBAL AI DUBBING CAPITAL, AND ADDRESS A US$300 BILLION CONTENT GAP. CAMB.AI’S CUTTING- EDGE TECHNOLOGY MEETS THE REGION’S DEMAND FOR DIVERSE GLOBAL CONTENT, POSITIONING THE UAE AS A MAJOR EXPORTER OF LOCALIZED ARABIC CONTENT.” www.camb.ai CAMB.AI OFFERS A REVOLU- TIONARY ARTIFICIAL INTEL- LIGENCE-DRIVEN PLATFORM FOR ULTRA-REALISTIC LO- CALIZATION AND DUBBING IN OVER 120 LANGUAGES. Camb.ai’s artificial intelligence (AI)- powered dubbing platform revolu- tionizes content creation for both individuals and enterprises. Leveraging cutting-edge AI, it provides contextual translation and content conversion across languages. Its key innovation is zero-shot cross-lingual voice cloning, which can replicate voices in over 120 languages from a short sample, retain- ing the original’s emotional nuances. The platform offers precise lip-syncing, and preserves background scores for a natural viewing experience. A unique feature is its cross-lingual time sync, ensuring perfect audio-visual align- ment despite language changes. Camb. ai’s technology has garnered over 250 million views globally, redefining the content landscape by making diverse, multilingual stories accessible and engaging. | FOUNDED IN 2022 | SECTOR CREATIVE INDUSTRIES | LOCATION DUBAI | AVNEESH PRAKASH, CHIEF EXECUTIVE OFFICER, AKSHAT PRAKASH, CHIEF TECHNOLOGY OFFICER, CAMB.AI |

Page 34

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 34 CarbonSifr “ B Y B O O S T I N G A W A R E N E S S O F C L I M A T E A C T I O N , W E A R E M A K I N G C L I M A T E A C T I O N A D A Y - T O - D A Y P R A C T I C E F O R B U S I N E S S E S A N D R E S I D E N T S I N T H E U A E . B Y A C C E L E R A T I N G T H E U A E ’ S D E C A R B O N I Z A T I O N E F F O R T S A T S C A L E , W E E N G A G E W I T H T H O U S A N D S O F S M E S A N D T H E I R C U S T O M E R S I N T H E U A E , A N D H E L P T H E M G E T S O L I D R E T U R N O N I N V E S T M E N T O N T H E I R S U S T A I N A B I L I T Y E F F O R T S . ” www.carbonsifr.com CARBONSIFR IS AN ARTIFICIAL INTELLIGENCE-ENABLED CLIMATE-TECH PLATFORM ENABLING BUSINESSES TO MEASURE, REDUCE, AND REMOVE THEIR CARBON FOOTPRINTS EASILY. CarbonSifr is a climate-tech company founded in the UAE. Dedicated to inte- grating climate action into everyday life, it provides artificial intelligence-enabled technology solutions to measure, reduce, and remove businesses’ carbon footprint. Recognized for its efforts, CarbonSifr is pivotal in promoting climate awareness, and accelerating climate action in the Middle East. CarbonSifr, the preferred climatetech partner of Emirates Nature- WWF, is also a member of the UAE Carbon Alliance, and a proud member of Hub71, backed by Mubadala. | FOUNDED IN 2023 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION ABU DHABI | MUSTAFA BOSCA, CO-FOUNDER AND CHIEF DECARBONIZATION OFFICER, ONUR ELGUN CO-FOUNDER AND CEO, MUHAMMED YILDIRIM, CO-FOUNDER AND COO, CARBONSIFR |

Page 35

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 35 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Circa Biotech “Circa Biotech’s efforts in developing alternatives to petroleum-based products, like sustainable aviation fuel, support the nation’s econom- ic diversification and green energy goals. Collaborations with significant industry players bolster the UAE’s standing in global markets, and Circa Biotech’s initiatives are pivotal in driving tech- nological advancement job creation, and positioning the UAE as a leader in sustain- ability and clean energy.” www.circabio.tech CIRCA BIOTECH UPCYCLES FOOD WASTE INTO SUSTAINABLE AVIATION FUEL USING INDUSTRIAL INSECT FARMING. Circa Biotech has developed a highly sustainable process and a commer- cially viable solution to locally produce a highly nutritious animal feed and sustainable aviation fuel using benefi- cial insects reared on food waste. From the current 15 tons per day processing capacity, it is planning to scale up to process 200 tons of food waste daily in three years. That, in turn, will allow the company to produce 22,000 tons of animal feed annually, 12,100 tons of sustainable aviation fuel, and reduce 3,500 tons of methane emissions. | FOUNDED IN 2020 | SECTOR BIOTECHNOLOGY | LOCATION ABU DHABI | DR. HAYTHEM RIAHI, CO-FOUNDER AND CEO, DR. LIUDMILA PROZOROVA, CO-FOUNDER AND COO, CIRCA BIOTECH |

Page 36

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 36 Cycled Technologies “ W E H A V E D E V E L - O P E D A P L A T F O R M T H A T W I L L E N A B L E T H E U A E T O M E E T I T S 7 0 % R E C Y C L I N G R A T E T A R G E T B Y 2 0 3 0 . W I T H T E C H - N O L O G Y D E S I G N E D A N D B U I L T L O C A L - L Y , T H E C O M P A N Y I S P A V I N G T H E W A Y F O R H O M E G R O W N D E E P T E C H I N T H E R E G I O N . ” www.cycled.no CYCLED TECHNOLOGIES MAKES COMMUNITY RECYCLING EASY AND RE- WARDING BY LEVERAGING ARTIFICIAL INTELLIGENCE TECHNOLOGY TO ACHIEVE SOURCE SORTING. Cycled Technologies exists to uncover the hidden treasure in “waste.” Its ap- proach to accomplishing this involves synergizing the capabilities of both humans and machines in executing front-end sorting, specifically by inte- grating social interactions (incentives) and rigorous logic (sorting). | FOUNDED IN 2017 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | AYOOLA BRIMMO, CO-FOUNDER AND COO, CYCLED TECHNOLOGIES |

Page 37

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 37 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Democrance “ I N S U R T E C H I S R E S H A P I N G T H E U A E ’ S E C O N O M Y B Y B O O S T I N G E F F I C I E N C Y A N D C U S T O M E R S A T I S F A C T I O N T H R O U G H S T R E A M L I N E D P R O C E S S E S A N D U S E R - F R I E N D L Y P L A T F O R M S . I T F O S T E R S I N N O V A T I O N , C R E A T I N G T A I L O R E D I N S U R A N C E P R O D U C T S , E N H A N C I N G R I S K A S - S E S S M E N T , A N D D E T E C T I N G F R A U D U S I N G A R T I F I C I A L I N T E L L I G E N C E A N D A N A L Y T I C S . I N S U R T E C H A L S O P R O M O T E S F I N A N C I A L I N C L U S I O N B Y M A K I N G I N S U R A N C E M O R E A C C E S - S I B L E . T H I S S E C T O R ’ S G R O W T H E N C O U R A G E S E N T R E P R E N E U R I A L C O L L A B O R A T I O N B E T W E E N I N S U R E R S A N D T E C H F I R M S , A N D A L I G N S W I T H S U P P O R T I V E G O V E R N M E N T R E G U L A T I O N S . O V E R A L L , I T A C C E L E R A T E S D I G I T A L T R A N S F O R M A T I O N , D I V E R S I F I E S T H E E C O N O M Y , A N D S T R E N G T H E N S T H E F I N A N C I A L S E R V I C E S S E C T O R I N T H E U A E . ” www.democrance.com DEMOCRANCE PROVIDES ENTERPRISE B2B SOFT- WARE-AS-A-SERVICE FOR INSURANCE IN EMERGING MARKETS. Democrance is a B2B insurtech software-as-a-service platform that lowers the cost of selling and servic- ing insurance, so that insurers can sell profitably to lower-income segments and digital natives. From our home in Dubai, UAE, we are present in 16 markets across the MEA, South East Asia, and Latin America, helping insur- ers increase their digital sales, and access new, underserved customer segments. Thanks to Democrance, more than a million customers can buy and use insurance, most of them for the first time. | FOUNDED IN 2015 | SECTOR FINTECH | LOCATION DUBAI | ALBERTO PEREZ, CO-FOUNDER AND COO, MICHELE GROSSO, CO-FOUNDER AND CEO, DAMIAN DIMMICH, CTO, DEMOCRANCE |

Page 38

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 38 Desert Control “Desert Control’s liquid natural clay is revolution- izing the UAE’s agricultural and ecological landscapes. Converting sandy soils into fertile land boosts agricul- tural potential, supporting the UAE’s vision for sustain- able ecosystems and food security. This innovative approach significantly cuts water usage in the UAE’s arid climate, aligning with national goals to combat desertifica- tion and climate change. Desert Control is thus helping position the UAE as a global leader in sustainable prac- tices and environmental stewardship, thereby shaping the country’s future.” www.desertcontrol.com FROM SAND TO SOIL IN SEVEN HOURS: DESERT CON- TROL IS A COMPANY SPE- CIALIZED IN CLIMATE-SMART AGRITECH SOLUTIONS TO COMBAT DESERTIFICATION, SOIL DEGRADATION, AND WATER SCARCITY. Desert Control’s patented liquid natural clay (LNC) restores and enhances soil ecosystems to reduce water usage, while also improving the efficiency of fertilizers and natural resources for agriculture, forests, and green land- scapes. LNC enables sandy and arid soil to retain water and nutrients, thus increasing crop yields, plant health, and ecosystem resilience, while also preserving water and natural resources by up to 50%. | FOUNDED IN 2018 | SECTOR AGRITECH | LOCATION ABU DHABI | OLE KRISTIAN SIVERTSEN, PRESIDENT AND GROUP CEO, DESERT CONTROL |

Page 39

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 39 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Designhubz “ T H R O U G H C R E A T I N G I N N O V A T I O N F R O M T H E U A E , A N D S C A L I N G I T T O G L O B A L M A R K E T S , D E S I G N H U B Z I S C O N T R I B U T I N G T O S H A P I N G T H E F U T U R E O F T H E C O U N T R Y . ” www.designhubz.com DESIGNHUBZ IS A SOFTWARE- AS-A-SERVICE PLATFORM THAT EMPOWERS E-COMMERCE SHOPPING WITH 3D AND VIRTUAL TRY-ON AUGMENTED REALITY TECHNOLOGIES Designhubz is a 3D digital asset management platform, and a content creation powerhouse, streamlining all 3D activities, and enhancing collabora- tion across design, production, and marketing teams. By integrating with its augmented reality and virtual try-on publishing tools, the platform enables high quality 3D content creation at scale, and consolidate all 3D activities in a single hub. | FOUNDED IN 2019 | SECTOR CREATIVE INDUSTRIES | LOCATION ABU DHABI | NADIM HABR, CEO, DESIGNHUBZ |

Page 40

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 40 Desolenator “Desolenator is a step-change to traditional desalination which is unsustainable. Contrary to reverse osmosis, our patented process uses zero harmful chemicals, zero membranes, and zero energy intermittency, operating 24/7 off-grid!” www.desolenator.com DESOLENATOR IS THE WORLD’S FIRST CIRCULAR SOLAR DE- SALINATION SYSTEM WHICH TAPS INTO ABUNDANT SEA AND SUN TO PRODUCE CLEAN WATER FROM COMPLEX SOURCES. Desolenator is a transformative approach to water provisioning: its world-first solar thermal desalination solution harnesses the photons of the sun to turn seawater or brackish water into high quality, pure water with zero harm to the planet. Desolenator’s climate technology secures critical assets and value chains for businesses exposed to the water crisis. It also produces ultra- pure water necessary for the production of green hydrogen. Desolenator is thus actively shaping the future of the UAE by pioneering sustainable desalination solu- tions. Its circular solar thermal desalination system aligns seamlessly with the UAE’s vision for clean energy and water security. | FOUNDED IN 2013 | SECTOR RENEWABLE ENERGY | LOCATION DUBAI | ALEXEI LEVENE, CHIEF COMMERCIAL OFFICER, WILLIAM JANSSEN, CEO, DESOLENATOR |

Page 41

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 41 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Diagnio “WE ARE AT THE FOREFRONT OF DIVERSIFYING THE UAE ECONOMY INTO A MORE SUSTAINABLE AND SOCIALLY IMPORTANT FUTURE BY WORKING TOWARDS INNOVATIONS IN TWO INDUSTRIES AT LEAST - HEALTHCARE AND MANUFAC- TURING. THE POTENTIAL OF OUR SOLUTION IS TO BE ON A CRITICAL IMPACT PATH LOCALLY, BUT ALSO EXPORTED GLOBALLY. WOMEN’S HEALTH IS THE KEY TO SURVIVAL OF OUR PLANET, SO THE IMPORTANCE OF THAT CAN’T BE STRESSED MORE.” www.diagnio.com DIAGNIO WAS BORN OUT OF A SIMPLE VISION: TO EM- POWER WOMEN ON THEIR JOURNEY TO MOTHERHOOD. Diagnio provides express diagnostics solutions for women’s hormonal health and fertility to be used at home or at clinic premises. The three key pillars of its offering include objective data from biosensors, algorithms for personalized analytics, and actionable advice from online consultations with specialists. Disrupting traditional lab business, the company has global ambitions, but focuses on the Gulf market, which is facing record high 40% infertility rates. | FOUNDED IN 2022 | SECTOR HEALTHTECH | LOCATION DUBAI | MARINA SOL, FOUNDER AND CEO, DIAGNIO |

Page 42

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 42 “ D I G I T A L E N E R G Y I S A C T I V E L Y S H A P I N G T H E U A E ’ S F U T U R E B Y A L I G N I N G O U R I N N O - V A T I V E A I - D R I V E N S O L U T I O N S W I T H T H E N A T I O N ’ S A M B I T I O U S S U S T A I N A B I L I T Y A N D D I G I T A L T R A N S F O R M A T I O N G O A L S . O U R F O C U S O N O P T I M I Z I N G E N E R G Y E F F I C I E N C Y A N D P R O M O T I N G E N V I R O N M E N T A L S T E W A R D S H I P D I R E C T L Y S U P P O R T S T H E U A E ’ S V I - S I O N F O R A S U S T A I N A B L E F U T U R E . B Y H A R N E S S I N G T H E P O W E R O F A I T O E N H A N C E E S G I N I T I A T I V E S , W E ’ R E C O N T R I B U T I N G T O T H E U A E ’ S E M E R G E N C E A S A G L O B A L L E A D - E R I N S U S T A I N A B L E E N E R G Y M A N A G E M E N T . A D D I T I O N A L L Y , O U R P A R T N E R S H I P S W I T H L O C A L U N I V E R S I T I E S F O R E N V I R O N M E N T A L R E S E A R C H A N D T R A I N I N G P R O G R A M S I N A I A N D S U S T A I N A B I L I T Y U N D E R S C O R E O U R C O M M I T M E N T T O N U R T U R I N G T H E L O C A L B U S I N E S S A N D S C I E N T I F I C L A N D S C A P E , F O S T E R I N G A N E W G E N E R A T I O N O F U A E T A L E N T I N T H E S E C R I T I C A L F I E L D S . ” | DR. MORGAN ELDRED, FOUNDER, DIGITAL ENERGY | Digital Energy www.digitalenergy.ai DIGITAL ENERGY EMPOW- ERS INDUSTRIES WITH INNOVATIVE ARTIFICIAL INTELLIGENCE SOLUTIONS FOR SUSTAINABLE AND EF- FICIENT ENVIRONMENTAL STEWARDSHIP Being at the forefront of technological innovation, Digital Energy is dedicated to transforming industries through ad- vanced artificial intelligence (AI)-driven solutions. Its purpose is to bridge the gap between digital technology and energy management, focusing on sustainability, efficiency, and compli- ance. With an acute understanding of the industry’s unique challenges, it provides solutions that optimize opera- tions, reduce carbon footprints, and enhance decision-making processes. Its unique value proposition lies in its specialized approach to integrating AI with environmental, social, and gover- nance (ESG) goals. As such, it develops cutting-edge AI to offer unparalleled insights into emissions tracking and management. Digital Energy’s solu- tions, designed for adaptability and scalability, empower businesses to navigate the evolving energy land- scape proactively. Digital Energy stands out by not just offering tools for today’s challenges, but by being a partner in shaping a more sustainable, efficient, and compliant energy future. | FOUNDED IN 2016 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI

Page 43

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 43 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Distichain www.distichain.com DISTICHAIN IS A SOFT- WARE-AS-A-SERVICE B2B PLATFORM AUTOMATING GLOBAL TRADE, THROUGH AN ECOSYSTEM OF SERVIC- ES IN VERIFICATION, FIN- TECH, AND SUPPLY CHAIN. Distichain is an international trade-as-a- service platform enabling instant integra- tion with verification, fintech, regulation, documentation, and supply chain. As a software-as-a-service B2B marketplace solution, Distichain serves as a B2B trade infrastructure platform that is blockchain- enabled, with application program inter- faces offering flexible functionalities and an ecosystem of service providers to deliver seamless trade to companies, trade authorities, and B2B marketplaces. With all the functionalities Distichain offers, marketplace operators can streamline B2B workflows, and allow seamless import and export activities on one single interface, thereby connecting all parts of the trade, along with all participants. | FOUNDED IN 2019 | SECTOR OTHER/ TECHNOLOGY | LOCATION ABU DHABI | HAISAM JAMAL, CEO, DISTICHAIN | “Distichain has been recognized by the Arab Federation for Digital Economy as the core enabler for its vision towards digital trans- formation within the region and facilitation in intra-trade ac- tivities. A partnership has been signed, with the first project being announced with Lieuten- ant General H.H. Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Inte- rior of the UAE. This will change the B2B landscape in the region, drive faster digital transforma- tion, and empower SMEs through efficiency and visibility. As trade players gain efficiency with Dis- tichain, they become catalysts for job creation, as well as the growth of local industries.”

Page 44

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 44 Doctoori Connect “Doctoori Connect is set to significantly impact the UAE’s future economy by revolutionizing healthcare. With a focus on proactive health management through digital integration and personalized care, the platform reduces strain on traditional healthcare systems, fostering a healthier population. By promoting longevity practices, personalized nutrition, and holistic wellness, it enhances productivi- ty, while positioning the UAE at the forefront of digital healthcare innovation. This not only attracts investments, but also stimulates job creation in the burgeoning healthtech sector. Doctoori Connect aligns with the UAE’s vision for a knowledge-based economy, making substantial contributions to economic growth through innovation and well-being.” www.doctooriconnect.com DOCTOORI CONNECT IS A HEALTHCARE PLATFORM THAT PUTS YOU BACK IN CONTROL OF YOUR HEALTH. Doctoori Connect stands as a pioneering force in the evolution of healthcare, orchestrating a transformative synergy between its advanced digital platform and cutting-edge longevity and preventative medicine clinics. Its revolu- tionary model unites a diverse spectrum of healthcare professionals, featuring longevity- focused physicians adept at proactive health management, nutritionists specializing in tailoring dietary strategies to individual needs, health coaches providing unwaver- ing guidance and support, and orthopaedics addressing musculoskeletal well-being. This cohesive, multidisciplinary approach empow- ers individuals to seize control of their health journey, emphasizing preventative measures for a longer, healthier life. Doctoori Connect is thus unwaveringly committed to redefining the healthcare landscape, seamlessly blending digital accessibility with personalized, holistic care to usher in a new era of disease preven- tion and overall wellness, where individuals are not merely patients, but active partici- pants in their lifelong well-being. | FOUNDED IN 2021 | SECTOR HEALTHTECH | LOCATION ABU DHABI | ZAHEER NASSER, CO-FOUNDER AND CEO, DR. ZAIN SIKAFI, CO-FOUNDER AND CHIEF MEDICAL OFFICER, MOHAMED NASSER, CO-FOUNDER AND CHIEF FINANCIAL OFFICER, DOCTOORI CONNECT |

Page 45

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 45 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Drivu www.drivu.co WITH THE AIM TO ENABLE A DRIVE-THRU ECONOMY FOR ALL, DRIVU IS A BUSINESS WHERE THE FOOD IS PREPARED BY INDEPENDENT RES- TAURANTS OR COFFEE SHOPS, AND PICKED UP BY YOU AS A CUSTOMER. Drivu enables businesses to have an instant drive-thru solu- tion without any change in their infrastructure or operations. This allows them to open and scale their drive-thru revenue stream, and be constantly connected to customers. | FOUNDED IN 2017 | SECTOR OTHER/ TECHNOLOGY | LOCATION DUBAI | MURSHED MOHAMED AHMED, CO-FOUNDER, DRIVU | “By enabling drive-thru instantly for businesses, thereby scaling their drive- thru revenue stream, this will, at a macro level, streamline the drive-thru economy in the UAE, and lead to exponential growth with more businesses onboard. In-car experience is an untapped market with huge future potential- after all, car manufacturers have started to focus on the in-car experience through car play, and providing consumers with more apps/solutions in the car. We’ve also recently launched the payment of public parking, which is faster and more convenient than what’s currently available in the market. As such, we will be providing customers with more solutions to enhance their in-car experience.”

Page 46

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 46 Duverse “ B Y E X P O R T I N G I N - N O V A T I O N , E N A B L I N G A F F O R D A B L E A N D I N T E R A C T I V E T R A N S - F E R O F K N O W L E D G E A R O U N D T H E W O R L D , A N D E M P O W E R I N G F U T U R E E C O N O M I E S T H R O U G H E D U C A T I O N , D U V E R S E I S P L A Y I N G A N A C T I V E R O L E I N S H A P I N G T H E F U T U R E O F T H E U A E . ” www.duverse.ae DUVERSE IS A COMPANY BORN AND BASED IN DUBAI THAT OFFERS TURNKEY METAVERSE AND ARTIFICIAL INTELLIGENCE SOLUTIONS TO ENHANCE THE PERFORMANCE OF VARIOUS SECTORS. Duverse revolutionizes education and busi- ness by seamlessly transferring knowledge worldwide through the metaverse and artificial intelligence. Its subscription-based educational solutions are not only afford- able, but also transcend traditional bound- aries, offering sustainable, bricks-and- mortar-less education. Users can immerse themselves in interactive learning experi- ences, powered by artificial intelligence that tailors content to individual capabili- ties. Moreover, a business can be launched on the metaverse in less that 14 days with Duverse’s turn-key solutions. The company thus specializes in designing professional, realistic metaverse experiences suitable for diverse businesses, and with regional and global partnerships, and representatives in over 10 countries, Duverse ensures a global reach. | FOUNDED IN 2022 | SECTOR EDUTECH | LOCATION DUBAI | HASAN ALGARHY, FOUNDER AND CEO, DUVERSE |

Page 47

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 47 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY eFunder.ai www.efunder.ai EFUNDER.AI OFFERS AN AR- TIFICIAL INTELLIGENCE (AI)- DRIVEN DIGITAL FINANCING PLATFORM FOR SMES. eFunder.ai is an AI-driven digital pri- vate financing platform that offers revenue backed financing solutions to small and medium businesses, thereby enabling them to accelerate their business growth by leveraging current and future receivables. eFunder.ai is focused on enabling the most conve- nient hassle-free access to financing for small and medium businesses by enabling them to leverage on their cur- rent and future revenues/receivables to raise funds and accelerate their growth. With its unique verticalized and machine learning driven approach to credit underwriting combined with automated digital integrations, eFunder.ai has built robust scalable solutions to solve the financing needs of small and medium businesses in a hassle-free manner, which allows them to focus on business performance. This alleviates significant financial stress for SMEs, and acts as a key line of financing for their business growth, while allowing them to retain owner- ship control of their business. “Instant cash consistent cash flows” is the com- pany’s motto towards which eFunder. ai is building new age solutions with an aim to be the leading digital financing solution for SMEs in the MENA region and beyond. | FOUNDED IN 2020 | SECTOR FINTECH | LOCATION ABU DHABI | SIDDHARTHA AGARWAL, CO-FOUNDER AND HEAD OF PRODUCT, DEEPAK MANICKAM SEKAR, CO-FOUNDER AND CEO, DHANUSH ARJUN, CO-FOUNDER AND EXECUTIVE DIRECTOR, EFUNDER.AI |

Page 48

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 48 Enerwhere “Temporary and off-grid power, running largely on expensive and polluting diesel generators, is responsible for 1.5-2.0 million tons of carbon dioxide per year, or 1% of the UAE’s total annual greenhouse gas emissions. These emissions are highly concentrated in some of the UAE’s key growth industries, including the construction, mining, and oil and gas sec- tors. Enerwhere is leading the decarbonization of these markets with its combination of data analytics and mobile solar-hybrid systems, which are available on fully-financed, short-term contracts. Scal- ing up Enerwhere’s proven solar-hybrid systems has the potential to reduce these emis- sions by 30-50% by 2025, and 80-100% by 2030.” www.enerwhere.com ENERWHERE IS THE FIRST AND LEADING DISTRIBUTED SOLAR UTILITY IN THE MIDDLE EAST AND AFRICA. Enerwhere uses data analytics, solar, and storage to bring clean power to commercial and industrial customers and decarbonize the temporary power market. Its modular solar-hybrid microgrids save 30-50% of diesel consumption and carbon emissions, compared to conventional diesel genera- tors. Its offering is available as a service within 2-3 weeks from contract signature, on short-term contracts (starting from 6 months), while alternative solutions take much longer to implement (months or years), and require clients to make much longer-term commitments (typically at least 10 years). | FOUNDED IN 2012 | SECTOR RENEWABLE ENERGY | LOCATION DUBAI | DANIEL ZYWIETZ, FOUNDER AND CHAIRMAN, ENERWHERE |

Page 49

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 49 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Esaal “WE ARE DRIVING TECHNOLOGICAL ADVANCEMENTSIN THE REGION BY INTRODUCING INNOVATIVE SOLUTIONS LIKE DIGITAL RECEIPTS. OUR COMMITMENT TO TECH INNOVATION ALIGNS WITH THE UAE’S VISION OF BECOMING A GLOBAL TECHNOLOGY HUB. ESAAL IS ALSO A LEADER IN SUSTAINABILITY INITIATIVES. BY REDUCING PAPER CONSUMPTION THROUGH OUR DIGITAL RECEIPT PLAT- FORM, WE ARE SUPPORTING THE UAE’S EFFORTS TO CREATE A SUSTAINABLE AND ENVIRONMENTALLY RESPONSIBLE SOCI- ETY. ESAAL’S PLATFORM ALSO FACILITATES THE DIGITAL TRANSFORMATION OF BUSI- NESSES ACROSS VARIOUS SECTORS IN THE UAE. WE HELP COMPANIES EMBRACE DIGITAL PROCESSES, IMPROVING THEIR EFFICIENCY AND COMPETITIVENESS. THROUGH OUR FOCUS ON SUSTAINABILITY, DIGITALIZATION, AND INNOVATION, ESAAL CONTRIBUTES TO ECONOMIC GROWTH AND DIVERSIFICATION IN THE UAE. WE SUPPORT THE GOVERNMENT’S GOALS OF BUILDING A KNOWLEDGE-BASED ECONOMY.” www.esaal.co ESAAL SOLUTIONS IS ALL ABOUT ENABLING DIGITAL TRANSFORMATION USING TRANSACTIONAL DATA. Esaal is software-as-a-service solution powered by artificial intelligence in transforming paper receipts to smart ones, and thereby promoting digital transformation. It thus helps retail- ers and government to use item-level receipt data to make shopping experi- ences in retail more enjoyable and valuable through smart e-receipts. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION ABU DHABI | ANAS ALI, COO AND CIO, AND REEM MUSABBAH, CEO, ESAAL |

Page 50

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 50 Eureka “ B Y I N C R E A S I N G A C C E S S T O F I N A N C E , A N D B Y E S T A B L I S H I N G O U R G L O B A L A I T E C H N O L O G Y H E A D Q U A R T E R S I N A B U D H A B I , W E A T E U R E K A B E L I E V E T H A T W E ’ L L B E P L A Y I N G A M A J O R R O L E I N T H E F U T U R E O F T H E U A E . ” www.eureka.ai EUREKA IS AN ARTIFICIAL IN- TELLIGENCE (AI)-AS-A-SERVICE PLATFORM FOR TELECOM OPERA- TORS. Eureka applies artificial intelligence to telecom data to increase access to finance and provide market intelligence for enterprises. Its enterprise software provides intelligence on smartphone usage, allowing enterprises to provide better service to their existing custom- ers, and gain many more at the same time. Its global team of data scientists, engineers, and product managers are dedicated to unlocking this depository of human activity, because better un- derstanding leads to better decisions, and better outcomes for all. | FOUNDED IN 2016 | SECTOR FINTECH | LOCATION ABU DHABI | BENJAMIN SOEMARTOPO, CEO, EUREKA AI |

Page 51

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 51 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Exsurgo “Exsurgo is committed to changing the way patients treat their chronic pain in UAE. Axon is as effective as pharmaceuticals, but without health condition side-effects. The presence of Axon in the UAE healthcare space thus reduces strain on the health- care industry by reducing clinic visits, and reducing the population’s usage of phar- maceuticals.” www.exsurgo.com EXSURGO COMBINES NEUROSCIENCE, ENGI- NEERING, AND DATA ANALYSIS TO HELP TREAT A RANGE OF NEU- ROLOGICAL CONDITIONS WITHOUT THE USE OF PHARMACEUTICALS. Exsurgo has created the future of chronic pain management, Axon. Boasting safe, efficacious, and drug-free treatment, Axon offers self-treatment in the home with the remote supervision of a clini- cian. With successful clinical trials in the United Kingdom and New Zealand proving the clinical efficacy of chronic pain treatment with elec- troencephalogram neurofeedback, Axon is registered with the United States Food and Drug Administra- tion as a chronic pain treatment, and it has also obtained a CE mark in the European Union. | FOUNDED IN 2015 | SECTOR HEALTHTECH | LOCATION ABU DHABI | RICHARD LITTLE, CEO, EXSURGO |

Page 52

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 52 Falcon Robotics “As a company, we have joined the Mohammed Bin Rashid Space Center’s Space Ventures initiative, and we will be working with them on projects like the Lunar Rover. We are also now part of the Space Economic zones under the UAE Space Agency, where we will use our AI ex- pertise for future space mis- sions. Falcon Robotics also has many other innovative solutions, as well as some patent-pending inventions that have been filed interna- tionally. Those solutions will have a great impact in the aerospace industry.” www.falconrobotics.ae FALCON ROBOTICS OFFERS ARTIFICIAL INTELLIGENCE (AI) MODELS FOR AUTONO- MOUS NAVIGATION, DATA ANALYSIS, AND SPACE MIS- SIONS, AS WELL AS AN AI- POWERED PLATFORM THAT CONNECTS ANY SOFTWARE AND/OR DATABASES AND ROBOTICS. Falcon Robotics is an AI and data-cen- tric company that provides intelligent solutions for businesses with a focus on the aerospace industry. It uses AI, robotics, and data-analytics to upscale organizations, upskill the workforce, and optimize data-integration. It thus provides decision makers with peace of mind, and helps them make real-time rapid decisions. | FOUNDED IN 2018 | SECTOR SPACE | LOCATION DUBAI | AHMAD FAREED ALDARWISH, FOUNDER AND CEO, FALCON ROBOTICS |

Page 53

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 53 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Farmin www.farmin.ai FARMIN IS A UAE-BASED TECH COMPANY THAT UTI- LIZES THE POWER OF AR- TIFICIAL INTELLIGENCE (AI) AND SATELLITE IMAGERY TO DELIVER REAL-TIME ACTION- ABLE INSIGHTS FOR SMART CITIES AND ENVIRONMENTAL STEWARDSHIP Farmin is an Emirati space AI startup that is harnessing the power of generative AI and satellite imagery to deliver real-time actionable insights for smart cities and environmental stewardship. Its commit- ment extends to advancing AI-driven remote sensing technology, nurturing local talents, and contributing to the innova- tion landscape in the UAE. Farmin’s unique value proposition lies in leveraging AI and advanced satellite imagery to provide cost- effective insights for industries such as urban planning, maritime and intelligence. Through data fusion and in-house devel- oped technology, the company provides a holistic understanding of target areas, capturing finer details crucial for decision- makers. Its in-house AI analytics platform goes beyond data access, extracting ac- tionable insights, while super-resolution algorithms enhance image quality, setting it apart in the remote sensing industry. Farmin’s AI-driven solutions make it an in- dispensable partner for accurate, efficient, and data-driven decision-making in areas such as building violations, port efficiency, and ship tracking. | FOUNDED IN 2021 | SECTOR SPACE | LOCATION ABU DHABI | ALI ALHAMMADI, CO-FOUNDER AND CEO, FARMIN | “Farmin is actively shaping the UAE’s future by revolutionizing urban planning, infrastructure development, and security monitoring through our innovative use of satellite imagery and AI. By providing data-driven insights, we empower decision-makers to allocate resources efficiently, enhance infrastructure, and build resilient smart cities while enhancing national security. These innovations solidify the UAE’s global leadership in AI-driven earth observation, driving eco- nomic growth. As we expand regionally and build a specialized local talent pool, our endeavors not only benefit our business, but they also bolster the economic resilience and security of the UAE’s future sectors, underscoring our dedication to the nation’s sustainable development.”

Page 54

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 54 FinFlx “ I N L I N E W I T H T H E U A E ’ S V I S I O N , F I N F L X H E L P S L O C A L S M E S I N A T T R A C T I N G A N D R E T A I N I N G T A L E N T B Y P R O V I D I N G W O R L D - C L A S S E M P L O Y E E F I N A N C I A L B E N E F I T S . F I N F L X A L S O A L I G N S W I T H T H E U A E ’ S V I S I O N O F R E T E N T I O N O F E X - P A T S B Y P R O V I D I N G L O N G - T E R M F I N A N C I A L P L A N N I N G T O O L S T O T H E M I D D L E C L A S S T O E N A B L E F I N A N C I A L S T A B I L I T Y , A N D I N C R E A S E S A V I N G S R A T I O . ” www.finflx.com FINFLX IS AN ENTERPRISE THAT DELIVERS FLEXIBLE WORKPLACE SAVINGS FOR SMES IN THE MENA REGION. FinFlx delivers flexible, transparent and affordable workplace savings (gratuity) plans for SMEs. FinFlx also extends its financial wellbeing program to employees including financial literacy, savings, and retirement planning, as well as employee financial support benefits. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION ABU DHABI | AMR YOUSEF, CO-FOUNDER AND CEO, AHMED SHOKR, CO-FOUNDER AND CTO, FINFLX |

Page 55

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 55 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Foloosi “ F O L O O S I I S A N E N A B L E R F O R B U S I N E S S E S I N T H E U A E W I T H E A S Y - T O - U S E O P T I O N S T H A T A R E D E S I G N E D T O B E A C C E S S I B L E , C O N V E N I E N T , A N D S I M P L E , B A C K E D B Y R E P U T E D P A R T N E R S T O P R O V I D E S E C U R I T Y , A N D A C R E D I B L E A N D R E L I A B L E C U S T O M E R E X P E R I E N C E . ” www.foloosi.com FOLOOSI’S SOFTWARE AND APPLICATION PRO- GRAMMING INTERFACES (APIS) CAN BE USED BY BUSINESSES OF ALL SIZES TO ACCEPT PAY- MENTS AND MANAGE TRANSACTIONS. Foloosi offers a complete end-to- end mobile payment enabler that is supported by seamless integrations, and backed by a powerful customer relations management (CRM) system to provide an actionable flow of events, and thereby resulting in a fast, modern, and secure way of mak- ing technology work at its advanced best. At the same time, the Foloosi online marketplace provides a con- venient way for a customer to make payments for products and services purchased from businesses listed in the Foloosi online portal. | FOUNDED IN 2019 | SECTOR FINTECH | LOCATION DUBAI | OMAR BIN BREK, FOUNDER, FOLOOSI |

Page 56

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 56 FortyGuard “By securing a prestigious position in Techstars Miami with JP Morgan LP, Forty- Guard underscores the UAE’s global entrepreneurial prow- ess. Through partnerships with local partners like Mas- dar City, Aldar, UAE Ministry of Energy and Infrastructure, and accelerators like those run by Hub71, Mohammed Bin Rashid Innovation Fund, and Sharjah Entrepreneur- ship Center (Sheraa), as well as international tech giants like NVIDIA and Google Cloud, FortyGuard is fostering inno- vation in the region. The com- pany’s strategic alliances with Honeywell and G42-In- jazat promise to revolutionize sectors from energy to real estate. All of this ensures that FortyGuard’s contributions align with the UAE’s vision for a sustainable, tech-driven future, and global expansions of innovation.” ” www.fortyguard.com FORTYGUARD IS AN ENTER- PRISE THAT OFFERS UR- BAN TEMPERATURE DATA SOLUTIONS THROUGH THE USE OF ARTIFICIAL INTEL- LIGENCE (AI)-POWERED SOFTWARE, WHICH IS OF- FERED TO B2B MARKETS TO ENABLE THE COOLING DOWN OF CITIES AROUND THE WORLD. FortyGuard’s software is designed to address the critical gap in granular out- door temperature data. By integrating sophisticated data processing tech- niques, computer vision, and a robust multimodality approach, the com- pany provides comprehensive, precise analyses of external environments and microclimates. It is temperature-specif- ic insights for any global location. Our unique value proposition is found in our strong data infrastructure, ground experience in the market, and the abil- ity to generate high-resolution AI- and machine learning-driven classification maps, transforming passive data sets into actionable insights for industries and governments. | FOUNDED IN 2020 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION ABU DHABI | JAY SADIQ, FOUNDER AND CEO, FORTYGUARD |

Page 57

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 57 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Fuze “ F U Z E I S B U I L D I N G B L O C K C H A I N I N F R A S T R U C T U R E F O R T R A D I T I O N A L F I N A N C I A L S E R V I C E S . I N T H E N E X T F E W Y E A R S , M I L L I O N S O F U S E R S I N A N D F R O M T H E U A E W I L L B E A B L E T O U S E D I G I T A L A S S E T S S E R V I C E S F R O M T H E I R T R U S T E D R E G U L A T E D F I N A N C I A L I N S T I T U T I O N S S U C H A S B A N K S . T H I S W I L L M A K E T H E E X I S T I N G F I N A N C I A L S E R V I C E S E F F I C I E N T , S E C U R E , A N D S C A L A B L E . W E B E L I E V E T H I S W I L L E X T E N S I V E L Y S U P P O R T U A E ’ S V I S I O N O F E S T A B - L I S H I N G I T S E L F A S A P I O N E E R I N T H E B L O C K C H A I N S E C T O R . ” www.fuze.finance FUZE IS A DIGITAL AS- SETS INFRASTRUCTURE PLATFORM THAT ENABLES FINANCIAL INSTITUTIONS TO EMBED DIGITAL ASSETS PRODUCTS NATIVELY INTO THEIR APPS. Fuze, a first-of-its-kind platform, enables banks, fintechs, and enterprises to embed regulated digital assets infrastructure, and rapidly launch products from their native apps. This technology-first regulated infrastructure supports cryptocurrencies, central bank digital currencies, and tokenized assets. This enables banks and financial institutions to launch regulated and secure digital assets solutions in a B2B2C fashion, thereby allowing retail customers to participate in the virtual assets economy in a secure manner. Fuze is regulated by the Virtual Assets Regulatory Author- ity (VARA), the entity that is responsible for regulating and overseeing the provision, use, and exchange of virtual assets in and from the emirate of Dubai, and it has also raised US$14 million in seed funding from Further Ventures, backed by Abu Dhabi-based ADQ. | FOUNDED IN 2022 | SECTOR FINTECH | LOCATION ABU DHABI | SRIJAN R. SHETTY, CTO, MOHAMMED ALI YUSUF, CEO, ARPIT MEHTA, COO AND CPO, FUZE |

Page 58

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 58 Gracia Group www.graciagroup.ae GRACIA GROUP OFFERS AN IN- NOVATIVE MODEL OF FUTURE FARMING WITH A PLATFORM TO COMBINE ALL KEY PLAYERS IN THE SECTOR OF AGRICULTURE AND SUSTAINABILITY. Gracia Group has developed an innovative 360-degree model that aims to solve all of the challenges of agriculture, while also creating a circular economy model, and ad- dressing the UAE’s long-term sustainability and prosperity. | FOUNDED IN 2016 | SECTOR AGRITECH | LOCATION ABU DHABI | H.E. HAMED ALHAMED, FOUNDER AND CEO, GRACIA GROUP | “ G R A C I A G R O U P ’ S M O D E L E M B R A C E S T H E V I S I O N O F T H E U A E ’ S F O U N D I N G F A T H E R , H . H . S H E I K H Z A Y E D A L N A H Y A N , G O D B L E S S H I S S O U L , I N M A K I N G U A E A G R E E N L A N D , E N A B L I N G Y O U T H I N E N T R E P R E N E U R S H I P A N D S P E C I A L L Y A G R I - E N T R E P R E - N E U R S H I P , E N A B L I N G S C H O O L S A N D U N I V E R S I T I E S I N T H E A G R I C U L T U R A L S E C T O R , A N D C R E A T I N G A N A G R I C U L T U R A L A C A D E M Y I N P A R T N E R S H I P W I T H C I T I Z E N S C H O O L A N D A B U D H A B I U N I V E R S I T Y . ”

Page 59

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 59 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY HeroGo “BY TACKLING THE PRESSING ISSUE OF FOOD LOSS AND WASTE, HEROGO ALIGNS WITH THE UAE’S GOAL TO CUT THIS WASTE BY HALF BY 2030, THEREBY RETAINING OVER AED6 BILLION OF ECONOMIC VALUE. OUR STRATEGY EMPHASIZES RESCUING AND REPURPOSING FOOD, WHICH WOULD OTHERWISE CONTRIBUTE TO WASTE. UTILIZING OUR INNOVATIVE TECHNOLOGY PLATFORM, WE FORGE VITAL CONNECTIONS BETWEEN FARM- ERS, IMPORTERS, AND CONSUM- ERS, EFFECTIVELY REDUCING WASTE, AND ENHANCING FOOD SECURITY IN A REGION DEPENDENT ON IMPORTED FOOD. THIS PROCESS ALSO AIDS IN CAPTURING CARBON AND CONSERVING WATER RE- SOURCES. PLUS, OUR EFFORTS EXTEND BEYOND ENVIRONMENTAL SUSTAINABILITY; THEY ALSO STRENGTHEN NATIONAL FOOD SECURITY AND RESILIENCE, SETTING A FOUNDATION FOR A MORE SUSTAINABLE AND PROS- PEROUS FUTURE IN THE UAE.” www.herogo.ae HEROGO IS THE MENA’S PIONEER GROCERY SUB- SCRIPTION SERVICE THAT REDUCES FOOD COSTS BY FIGHTING FOOD LOSS AND WASTE. HeroGo employs a subscription-based technology that bridges the gap be- tween farmers, importers, and con- sumers, targeting food on the brink of waste. By using the HeroGo platform, farmers and importers can recoup value, enhancing their return on invest- ment. Simultaneously, consumers and businesses benefit from savings of up to 30% on grocery expenses. More than just financial gains, HeroGo’s technology also emphasizes transpar- ency and environmental stewardship. Users receive access to a dashboard, allowing them to directly visualize their positive contributions by tracking the total carbon dioxide and water saved, underscoring the tangible impact of their decisions. | FOUNDED IN 2020 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | DANIEL F. SOLOMON, CO-FOUNDER, HEROGO |

Page 60

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 60 Hydro Wind Energy www.hw.energy HYDRO WIND ENERGY HAR- NESSES OFFSHORE WIND IN DEEP WATERS FOR POWER GENERATION WITH INBUILT ENERGY STORAGE. Hydro Wind Energy is a tech startup focused on developing a disruptive technology to address three major chal- lenges of the 21st century: low-cost clean electricity, grid-scale energy storage, and seawater desalination. The company’s ap- proach involves harnessing wind offshore through vertical axis wind rotors, and utilizing mechanical-based energy storage systems. The same systems are designed for large-scale seawater desalination, aiming to contribute to solving the global water crisis. Additionally, the company has successfully developed and com- mercialized QuenchSea, the world’s only low-cost handheld seawater desalination device, serving humanitarian purposes as well as the offshore marine sector. | FOUNDED IN 2020 | SECTOR RENEWABLE ENERGY | LOCATION DUBAI | MARYAM HASSANI AND HAYK VASILYAN, CO-FOUNDERS, HYDRO WIND ENERGY | “Hydro Wind Energy’s tech- nology is aligned with the UAE government’s policies on lowering the cost of energy, reducing carbon emissions, and increasing security of supply. Our aim is to reduce carbon emissions by one bil- lion tons of carbon dioxide by 2030. This amounts to over 2% of total carbon emis- sions globally, or five times what the UAE emits per year, turning the country into a world leader and net reducer of carbon emissions. This technology will thus help cre- ate a vibrant and competitive wind energy sector in the UAE, stimulating national job creation, eliminating carbon emissions, improving air qual- ity, and providing an environ- mentally friendly and easily assimilated grid-connected technology for meeting load growth as well as legislated renewable obligations.”

Page 61

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 61 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY HyveGeo “We are directly tackling three strategic priorities for the UAE: climate change through our carbon seques- tration, food security through our soil regeneration, and advanced technology and industry through our cutting- edge research that has been developed in leading institu- tions such as Cambridge and Exeter. Combined, we deliver a brighter future for future generations by cleaning the air, providing jobs, and reduc- ing our dependence on food imports.” www.hyvegeo.com HYVEGEO HARNESSES MICROALGAE TO TURN WASTED RESOURCES INTO SCALABLE SOLU- TIONS FOR CARBON REMOVAL AND SUSTAIN- ABLE AGRICULTURE. HyveGeo is on a mission to remove one gigaton of carbon dioxide from the world by 2050. It is aiming to do so by making use of use microalgae to work with nature, capture carbon dioxide, and then convert the algae to bio prod- ucts that are used to remediate arid land into arable soil for food security. | FOUNDED IN 2023 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | ABDULAZIZ BIN REDHA, FOUNDER AND CEO, HYVEGEO |

Page 62

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 62 iFarm www.ifarm.fi IFARM IS A TECHNOLOGY COMPANY ENABLING INFOR- MATION TECHNOLOGY (IT)- DRIVEN FARMING IN CON- TROLLED ENVIRONMENTS. iFarm works with indoor farm proj- ects ranging in size from 500 sq.m. to 50,000 sq. m., providing turnkey solutions to grow leafy greens, strawberries, and vegetables using farm management software. Besides its capital expense-light vertical farming solutions, iFarm is currently the only market offering that en- ables customers to grow strawber- ries commercially, with more crops being under development. | FOUNDED IN 2017 | SECTOR AGRITECH | LOCATION ABU DHABI | MAX CHIZHOV, CHIEF BUSINESS DEVELOPMENT OFFICER, IFARM | “ B E S I D E S E N S U R I N G F O O D S E C U R I T Y , I F A R M A L S O E N A B L E S E N T R E - P R E N E U R S W I T H O U T E X P E R I E N C E O R K N O W L E D G E I N A G R O N O M Y T O L A U N C H F O O D P R O D U C T I O N W I T H F U L L A U T O M A T I O N O F P R O C E S S E S . ”

Page 63

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 63 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY “As a UAE-based company, we are well placed to improve food costs and food-waste reduction for the 25,000 food businesses and have received many accolades for our achievements. From recognition by Entrepreneur Middle East magazine to institutional backing from Sheraa (Sharjah), in5 (Dubai), and soon another significant ecosystem in Abu Dhabi (final stages), we are recognized as a critical technol- ogy operator across major Emirates and the GCC as Made in UAE.” Jalebi www.jalebi.io AI-ENABLED SAAS FOR MIL- LIONS OF RESTAURANTS, SAVING BILLIONS IN UNOPTI- MIZED INVENTORY COSTS. Jalebi is a Techstars-backed venture headquartered in the UAE, building world- class technology to unlock efficiency and working capital for SME/SMB restau- rants through automation software and powerful integrations and partnerships. It is an award-winning SaaS restaurant tech platform that accurately automates and optimizes restaurant inventory and supply management, preventing financial and material loss, waste, and theft while boosting margins by +20%. | FOUNDED IN 2021 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | ZOHARE HAIDER, CO-FOUNDER AND CEO, RIZWAN AHMED KHAN, CO-FOUNDER AND CPO, MUBASHAR EHSAN, CO-FOUNDER AND CTO, JALEBI |

Page 64

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 64 Keyper “ W E A R E E N A B L I N G T E N A N T S T O B E T T E R M A N A G E T H E I R C A S H F L O W S B Y P A Y I N G I N 1 2 P A Y M E N T S W I T H A C R E D I T / D E B I T C A R D , W H I L E E N S U R I N G T H A T L A N D L O R D S R E C E I V E T H E P A Y M E N T T E R M S T H A T T H E Y A R E U S E D T O ( I . E . O N E T O S I X P A Y M E N T S ) , A N D T H A T W E E N A B L E T H E M T O R E - I N V E S T I N T H E U A E R E A L E S T A T E E C O S Y S T E M . M E A N W H I L E , O U R R E N T - N O W - P A Y - L A T E R P R O D U C T R E D U C E S T H E U P F R O N T B U R D E N O F R E N T P A Y - M E N T S F O R T E N A N T S , A L L O W I N G T H E M N O T T O E M P T Y T H E I R S A V I N G S , A N D A L I G N I N G T H E I R R E N T D U E S T O T H E I R I N C O M E S A S W E L L . ” www.realkeyper.com KEYPER IS A PLATFORM THAT FACILITATES MONTHLY RENT PAYMENTS FOR TENANTS IN DUBAI AS WELL AS UPFRONT PAYMENTS TO LANDLORDS. Keyper is a Dubai-based startup at the intersection of proptech and fintech through its digital real estate invest- ment management platform and rent facilitation services. It offers landlords property management and transac- tional services, enabled by data-driven insights through its freemium mobile app. In parallel, Keyper offers rent fa- cilitation services that allow landlords to get their annual rent upfront, while enabling tenants to pay their rent in monthly instalments through their credit cards. Keyper thus aims to finan- cialize the world’s largest asset class, real estate, enabling all stakeholders, from landlords to tenants, to access better financial offerings, driven by a focus on data-driven transparency. | FOUNDED IN 2022 | SECTOR FINTECH | LOCATION DUBAI | OMAR ABU INNAB, CO-FOUNDER AND CEO, KEYPER |

Page 65

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 65 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY klaim “Klaim is contributing to shaping the future of the UAE through strategic investments that bolster the local economy, and demon- strate a deep commitment to the nation’s develop- ment and well-being. These investments are particularly impactful in the healthcare sector, where Klaim plays a crucial role in enhancing the quality of healthcare services. This comprehensive approach raises the standard of healthcare in the UAE, and positions the nation at the forefront of medical excel- lence and innovation, bene- fiting its citizens, and drawing international recognition.” www.klaim.ai SINCE 2019, KLAIM HAS BEEN REVOLUTIONIZING THE HEALTHCARE INDUS- TRY BY GIVING PROVIDERS ACCESS TO THE WORKING CAPITAL THEY NEED TO GROW FASTER AND SERVE PATIENTS BETTER. By regulation, accepted claims should be paid within 45 days after submis- sion. However, according to Klaim’s database, a typical cycle from submis- sion preparation to claim payment takes 60 to 90 days, heavily impacting healthcare facilities’ cash flow. On average, insurers take 120 days to pay 90% of submitted claims. Correspond- ingly, Klaim works to restore a balance of power between providers and insur- ance companies by converting pending claims into operating capital within 24 hours of submission. This liber- ates providers to get back to what’s important– caring for patients. The company accomplishes this by using an innovative combination of claim pur- chasing, user-friendly software tools, and expert done-for-you services. Its simple yet sophisticated software tools also embrace the latest artificial intel- ligence and smart automation. | FOUNDED IN 2019 | SECTOR FINTECH | LOCATION ABU DHABI | KARIM DAKKI, CO-FOUNDER AND CEO, GHAFOOR AHMAD, CO-FOUNDER AND CRO, KLAIM |

Page 66

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 66 Kyma “Kyma is committed to being a trailblazer as a disruptive FMCG manufac- turer and lifestyle brand, aiming to become a re- gional brand, proudly born in the UAE. We remain confident that the growth of young, locally manufac- tured brands like ours will significantly contribute to the country’s economic progress and future.” www.mykyma.com KYMA IS A UAE-BASED STARTUP THAT USES SUSTAINABILITY PRINCIPLES TO REIMAGINE, RE- ENGINEER, AND REVOLUTIONIZE HOME CLEANING. Kyma, a Sharjah-based manufacturing startup, has pioneered effective, non- toxic surface care products in tablet form. Plus, its innovative methods guarantee customers access to highly efficient, non-toxic products that combat the use of single-use plastic. Kyma thus aims to contribute to the global movement that is disrupting the fast-moving consumer goods (FMCG) industry by making sustain- ability and non-toxic living accessible to everyone. The company’s objective is clear: to eradicate single-use plastics and toxicity from households, and thereby establish itself as one of the most impact- ful sustainable companies in the region. | FOUNDED IN 2021 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION SHARJAH | DIMA SAMAAN, FARIDA EL AGAMY, SAMAR SAYEGH, CO-FOUNDERS, KYMA |

Page 67

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 67 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Letswork “LETSWORK WAS THE FIRST EMIRATI-FOUNDED STARTUP IN WHICH SILICON-VALLEY BASED VENTURE CAPITAL FUND, 500 GLOBAL, INVESTED. IT WAS ALSO THE FIRST EMIRATI STARTUP TO EXPAND INTO PORTUGAL AND SPAIN, TAKING ‘MADE IN THE UAE’ TO THE WORLD. IT HAS ALSO HELPED THE UAE ESTABLISH ITSELF AS A GLOBAL CENTRE FOR REMOTE WORKING.” www.Letswork.io LETSWORK IS THE MENA’S FIRST MEMBERSHIP PLATFORM FOR OFFICES, WORKSPACES, AND MEET- ING ROOMS. Letswork is a platform to find offices, meeting rooms, and coworking spaces around the world. With over 50,000 members and more than 400 busi- ness centers, hotels, and cafes on the platform, Letswork simplifies finding a workplace. The company’s first claim to fame was its award-winning Letswork Pass, which gives access to hundreds of workspaces with a single monthly subscription. It has now expanded to short and long-term office rental, meet- ing room bookings and more. | FOUNDED IN 2019 | SECTOR OTHER/ REAL ESTATE | LOCATION DUBAI | OMAR ALMHEIRI AND HAMZA KHAN, CO-FOUNDERS, LETSWORK |

Page 68

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 68 Logisti www.logisti.ae LOGISTI IS A REVOLUTIONARY PLATFORM THAT CREATES SMART SOLUTIONS FOR LOGIS- TIC AND STORAGE REQUIRE- MENTS BETWEEN BUSINESSES AND CONSUMERS. Logisti’s goal is to reduce unused warehouses and spaces, and to create better utilization of these areas. Logisti anticipates the needs of its clients, and it also ensures they are compliant and up to date with industry regulations. Logisti delivers value to assure consistently high return to its clients. At the same time, Logisti also provides bespoke solutions to clients, adhering to their indi- vidual needs, thereby ensuring customer satisfaction and loyalty. | FOUNDED IN 2020 | SECTOR OTHER/ LOGISTICS | LOCATION DUBAI | DALAL BUTI SAEED ALMUHAIRI, MANAGING DIRECTOR, LOGISTI | “In economics, estimating the demand for storage capacity takes time. Companies may find it more difficult to meet unforeseen demands and store inventory. Additionally, businesses experiencing rapid growth may find it difficult to find enough space for newly required inventory. With our on-demand ware- housing, you can create a fresh balance, and keep expanding your company.”

Page 69

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 69 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Lune Technologies www.lunedata.io LUNE TECHNOLOGIES IS AN ARTIFICIAL INTEL- LIGENCE (AI)-DRIVEN TRANSACTION ENRICH- MENT AND ANALYTICS PLATFORM FOR FINAN- CIAL INSTITUTIONS. Lune Technologies is a UAE–born B2B platform that works with banks, fintech, and card issuers to enrich and analyze transaction and income data. Lune Technologies’ solutions provides holistic benefits to consumers by empowering them to have a clear and cleanse view of their spending data, as well as to financial institutions that are given clear insights into their custom- ers’ spending and income patterns, enabling them to offer hyper-personal- ized products and recommendations. | FOUNDED IN 2020 | SECTOR FINTECH | LOCATION DUBAI | ALEXANDRE SOUED AND HELAL TARIQ LOOTAH, CO-FOUNDERS AND CO-CEOS, LUNE TECHNOLOGIES | “ O U R V I S I O N A T L U N E T E C H N O L O G I E S I S T O P O S I T I O N T H E U A E A S T H E G L O B A L B E N C H - M A R K I N D A T A - D R I V E N F I N A N C I A L S E R V I C E S , I N C R E A S I N G F I N A N C I A L W E L L N E S S A M O N G S T C O N S U M E R S , A N D E N A B L I N G F I N A N C I A L I N S T I T U T I O N S T O D E S I G N A N D O F F E R H Y P E R - P E R S O N A L I Z E D P R O D U C T S . ”

Page 70

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 70 Lyve Global “ O U R I N N O V A T I V E T E C H N O L O G Y S O L U T I O N S C A N A C C E L E R A T E T H E D E V E L O P M E N T O F T H E U A E ’ S T E C H N O L O G Y S E C T O R . W E E N A B L E L O C A L B U S I N E S S E S T O T H R I V E I N E - C O M M E R C E B Y P R O V I D I N G C U T T I N G - E D G E S O L U T I O N S F O R O N L I N E S A L E S A N D C U S T O M E R E X P E R I E N C E E N H A N C E M E N T . T H I S S U P P O R T S T H E G R O W T H O F T H E U A E ’ S D I G I T A L E C O N - O M Y . A D D I T I O N A L L Y , O U R F O C U S O N S U S T A I N A B L E P R A C T I C E S A N D G R E E N L O G I S T I C S S O L U T I O N S A L I G N S W I T H T H E U A E ’ S S U S T A I N A B I L I T Y G O A L S , A N D W E A L S O A C T I V E L Y C O L L A B O R A T E W I T H L O C A L U N I V E R S I T I E S A N D R E S E A R C H I N S T I T U T I O N S . ” www.lyveglobal.com LYVE GLOBAL EMPOWERS BUSINESSES TO DIGITIZE THEIR CUSTOMERS’ JOUR- NEY FROM ORDER TO PAY- MENT TO DELIVERY. Lyve’s primary purpose is to empower seamless e-commerce and efficient logistics. The company’s vision is thus to revolutionize the world of e-com- merce and logistics through innovative technology solutions that enhance the customer experience, streamline op- erations, and drive sustainable growth for businesses of all sizes. | FOUNDED IN 2016 | SECTOR OTHER/ TECHNOLOGY | LOCATION ABU DHABI | WALID MONEIMNE, CO-FOUNDER AND EXECUTIVE CHAIRMAN,, HASSAN HALLAS, CO-FOUNDER AND CEO, LYVE GLOBAL |

Page 71

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 71 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Maana Electric “ B Y O N S H O R I N G T H E P R O D U C T I O N O F S O L A R P A N E L S , G R E E N C E L L S , A N D G R E E N S I L I C O N F R O M R A W D E S E R T S A N D , O U R O F F E R I N G S E N F O R C E T H E U A E ’ S A B I L I T Y T O B E C O M E A C H A M P I O N I N G R E E N E N E R G Y , P A R T I C U L A R L Y P H O T O V O L T A I C S . ” www.maanaelectric.com MAANA ELECTRIC AIMS TO PROVIDE THE CLEAN POWER INFRA- STRUCTURE THAT HU- MANITY NEEDS, WHER- EVER WE MAY GO. Maana Electric provides local, solar panel production (onshoring) that is sustainable and compliant with envi- ronmental, social, and governance (ESG) principles. The company leads the way in green manufacturing processes for silicon production, solar panel manufacturing, and cell manufacturing. | FOUNDED IN 2018 | SECTOR RENEWABLE ENERGY | LOCATION DUBAI | FABRICE TESTA, CO-FOUNDER, MAANA ELECTRIC |

Page 72

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 72 Madari Space Limited “ M A D A R I S P A C E A S P I R E S T O P L A Y A P I V O T A L R O L E I N T H E S U S T A I N A B L E D E V E L O P M E N T A N D A D V A N C E M E N T O F S P A C E T E C H N O L O G I E S . O U R M I S S I O N I S T O A D D R E S S T H E U N P R E C E D E N T E D S U R G E I N D A T A G E N E R A T E D O N E A R T H , W H I L E A C K N O W L E D G I N G T H E E N V I R O N M E N T A L C O N - C E R N S A S S O C I A T E D W I T H T E R R E S T R I A L D A T A C E N T E R S . ” www.madari.ae MADARI SPACE LIMITED OFFERS SUSTAINABLE DATA STORAGE SOLUTIONS IN SPACE, ENSURING EFFICIENT AND ECO-CONSCIOUS MAN- AGEMENT OF INFORMATION BEYOND THE EARTH. Madari Space Limited aligns seamlessly with the sustainable initiatives of the UAE, epitomizing a commitment to en- vironmental responsibility and techno- logical innovation. The company’s focus on providing sustainable data storage solutions in space resonates with the UAE’s vision for a greener and more sustainable future. By addressing the surge in data through eco-conscious practices, Madari Space Limited con- tributes to the UAE’s broader efforts to integrate sustainability into every aspect of technological advancement. This alignment positions the company as a key player in supporting the UAE’s progressive and forward-thinking initia- tives toward a more sustainable and technologically advanced future. | FOUNDED IN 2023 | SECTOR SPACE | LOCATION ABU DHABI | SHAREEF AL ROMAITHI, FOUNDER, MADARI SPACE LIMITED |

Page 73

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 73 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Manhat “Manhat will play a key role in providing sustainable water for safeguarding our future in terms of water and food security. When adopted at a large scale, Manhat’s technology can also lower carbon dioxide emissions, and provide climate-positive crops.” www.manhatuae.com MANHAT IS A UAE- BASED ENTERPRISE THAT PROVIDES SUSTAINABLE WATER PRODUCTION INSPIRED BY NATURE. Based in the United Arab Emirates, Manhat is a deep technology startup that specializes in patented natural water distillation technology for sustainable water and floating farm solutions. | FOUNDED IN 2019 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION ABU DUBAI | SAEED ALHASSAN ALKHAZRAJI, FOUNDER AND CTO, MANHAT |

Page 74

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 74 Marses Robotics “We aim to contribute to the UAE’s gross domestic product with knowledge economy growth as we develop solutions from our innovation hub in the UAE to the region. We are in our second phase of expansion to establish production facilities in the UAE to export to the GCC based on cur- rent demand, market direction, forecasting and share. We also contribute to capacity building through our existing cooperation and partnership initiatives with universities and government institutions that support talent development, and thereby build the skills required for technology markets.” www.marses-robotics.com MARSES ROBOTICS MANUFACTURES AND PROVIDES ARTIFICIAL INTELLIGENCE (AI)-ROBOTIC SOLUTIONS FOR THE RETAIL, HOSPITALITY, EDUCATION, AND HEALTH SECTORS. MARSES Robotics is a robotics AI-based solutions manufacturer in the MENA region, bringing new concepts to robotics solutions to be hired based on subscription (RSAAS), not direct sales. This unique business model allows a company or entity to benefit from robotic solutions by employing the robotic devices with an application they are looking for, and then accessing a cloud-based subscription service. This way, customers do not have to purchase the equipment outright, avoiding the downsides of ownership, while helping them maintain their bottom line, and getting the system updates. Everything MARSES Robotics does is shaped by the culture in the region, and as such, the entire development stack is designed to be modular and entirely independent to support them for maximum customization and cost minimization. | FOUNDED IN 2021 | SECTOR ADVANCED MANUFACTURING | LOCATION SHARJAH | ADEL HARVEY ELABD SAID, FOUNDER, MARSES ROBOTICS |

Page 75

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 75 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Meerana “MEERANA ISN’T JUST A COMPANY; IT’S A THRIVING COMMUNITY. WE BELIEVE IN THE POWER OF COLLABORATION, WHICH IS WHY WE ARE PROUD TO WORK HAND-IN-HAND WITH OUR ESTEEMED PARTNERS. TOGETHER, WE OFFER A COMPREHENSIVE SUITE OF SERVICES THAT REDEFINE THE FUTURE. OUR COLLABORATIVE APPROACH ENSURES THAT OUR CLIENTS BENEFIT FROM DIVERSE SPECIALIZED SERVICES TAILORED TO THEIR UNIQUE NEEDS. THIS SPIRIT OF UNITY SETS MEERANA APART- A DYNAMIC, EVER-EVOLVING FORCE IN THE FUTURE WORLD OF TECHNOLOGY AND INNOVATION.” www.meerana.ae MEERANA OFFERS AN ARTIFICIAL INTELLIGENCE (AI)-DRIVEN B2B ONE-STOP SMART OFFICE APPLICATION CALLED MANDOOBI, AS WELL AS AN AI-DRIVEN LEGAL APPLICATION CALLED HI LEGAL. Meerana is your digital transformation partner. The company aims to build the most trusted community to deliver high- quality products and services. It believes in connecting the world through smart technologies, and as such, it is proud to partner with various organizations on emerging technologies. Meerana is thus as an innovation technology company focused on leading-edge smart solutions, with its key pillars being consultation, bespoke products, unique products, and managed services. Additionally, the com- pany offers solutions in the realms of in- formation technology, internet of things, cybersecurity, marketing, software development, electric vehicle charging, cloud, and data services, thereby serv- ing the technology landscape across the enterprise and startup ecosystem. | FOUNDED IN 2022 | SECTOR OTHER/ TECHNOLOGY | LOCATION DUBAI | MATAR ALMEHAIRI, FOUNDER AND CEO, MEERANA |

Page 76

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 76 Micropolis Robotics www.micropolis.ae MICROPOLIS ROBOTICS IS AN ENTERPRISE THAT IS KNOWN FOR AUTOMATING AND AUGMENTING LARGE OPERATIONS THROUGH ROBOTICS AND ARTIFICIAL INTELLIGENCE (AI). Micropolis Robotics is known to revolutionize large-scale operations across various industries through cutting-edge home-grown tech- nologies and innovation. Its product portfolio encompasses two core components: mobility platforms and application-specific pods, including intuitive operating software and advanced electronic control units, as well as power storage solutions. The company is dedicated to innova- tion and quality, and by focusing on continuous improvement and customer-centric design, it ensures that its products meet and exceed the evolving demands of the modern industry. The company’s unique value proposition lies in its commitment to creating autonomous solutions that not only automate tasks, but significantly augment the efficiency and effectiveness of large operations. The robots are therefore designed to seamlessly integrate into existing systems, providing a smart, scalable, and sustainable solution for complex challenges in automation. | FOUNDED IN 2014 | SECTOR INTELLIGENT MOBILITY | LOCATION DUBAI | FAREED ALJAWHARI, CEO, MICROPOLIS ROBOTICS | “We are at the forefront of UAE’s digital transformation, aligning with the nation’s vision and objectives. Our in-house developed autono- mous mobile robots are redefining sectors like logistics and public service by driving operational efficiency and scalability. Tailored solu- tions cater to diverse industry needs, spurring sector-specific growth, and targeting large markets worldwide. Collaborative research and development projects also promote knowledge transfer and skill development, cementing the UAE’s innovation and tech leader position. In essence, Micropolis isn’t just a tech enterprise, it’s a catalyst for the UAE’s sustainable economic evolution.”

Page 77

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 77 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Nabta Health “WE BELIEVE THAT THE UAE HAS THE POTENTIAL TO BECOME THE GLOBAL HUB FOR INNOVATION IN WOMEN’S HEALTH. AS THE FIRST WOMEN’S HEALTH TECHNOLOGY COMPANY IN THE MIDDLE EAST, PROUDLY HEADQUARTERED IN THE UAE FROM DAY ONE, AND BACKED BY NOTABLE EMIRATI WOMEN, IN- CLUDING SHEIKHA SHAMSAH BINT HASHER BIN AHMED AL MAKTOUM AND MUBARAKA IBRAHIM, WE ARE WORKING TO REALIZE THIS POTENTIAL WITH THE LEADING HEALTHCARE PROVIDERS IN THE UAE, AND TO BUILD AN ECOSYSTEM OF DISCOVERY AND EXCELLENCE IN WOMEN’S HEALTH THAT IS THE ENVY OF THE WORLD.” www.business.nabtahealth.com NABTA HEALTH COMBINES THE BEST OF DIGITAL AND TRADITIONAL CARE ALONG CLINICAL PATHWAYS TO ACCELERATE THE DIAGNOSIS AND TREATMENT OF CHRONIC DISEASES IN WOMEN. Nabta Health was founded to empower women in the Middle East and Africa to manage their health effectively. Today, the company operates a hybrid, subscription-based healthcare model for women in the UAE, focusing on chronic and complex disease management. Its vision, post an initial public offering, is to use what the company has built to address some of the systemic gender and racial biases in healthcare. | FOUNDED IN 2017 | SECTOR HEALTHTECH | LOCATION DUBAI | SOPHIE SMITH, FOUNDER AND CEO, NABTA HEALTH |

Page 78

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 78 Nadeera www.nadeera.org NADEERA IS AN ENTERPRISE THAT IS INSTILLING CIRCULAR ECONOMY PRACTICES IN OUR SOCIETIES THROUGH TECHNOLOGY-ENABLED INTERVENTIONS. Nadeera is a social enterprise that helps instill circular economy practices through technology-enabled interventions. The three pain points its product, Yalla Return, is trying to address in the waste management value chain are lack of source segregation, high waste transportation costs, and lack of qual- ity assurance and verification for recovered recyclables. The aim is thus to to maximize the value and recoverability of disposed items, and decouple economic growth from continuous resource extraction. Through Nadeera’s technology suite, which includes mobile applications, a proprietary internet of things system for tracking, an artificial intel- ligence powered waste recognition software for waste inspection, smart bins, and reverse vending machines, the company has digitized and personalized the waste recovery scheme, and allowed for the end-to-end traceability of recyclables, from the point of their generation, to the point they are recirculated back into the economy, thereby giving positive impact creators ownership of their contributions. | FOUNDED IN 2021 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION ABU DHABI | RABIH EL CHAAR, CO-FOUNDER AND CEO, NADEERA TECHNOLOGIES LTD | “Through Yalla Return, more than 500 tons of recyclables have been recovered, which has helped conserve over 12,215 cubic meters of landfill space, 1,753 tons of carbon dioxide, and 4,430 kilowatt hours of energy. Additionally, through Yalla Return, over 15,000 households have been empowered to recycle their waste, decreasing the need to import and extract raw materials, and generating job opportunities.”

Page 79

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 79 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Neutral Fuels “ N E U T R A L F U E L S T A K E S L O C A L W A S T E P R O D U C T S , A N D C O N V E R T S T H E M I N O U R L O C A L R E F I N E R I E S I N T O A D R O P - I N R E P L A C E M E N T B I O - F U E L T H A T I S U S E D T O D A Y I N M O R E T H A N 5 0 0 L O C A L S C H O O L B U S E S , H U N D R E D S O F T R U C K S , A N D A L M O S T 5 0 S H I P S . T H I S R E D U C E S T H E U A E ’ S L O C A L A I R P O L L U T I O N , A N D I T A L S O D E C R E A S E S I T S N A T I O N A L C A R B O N F O O T P R I N T I N L I N E W I T H I T S N A T I O N A L S T R A T E G I E S . ” www.neutralfuels.com NEUTRAL FUELS SPECIALIZES IN LOCALLY PRODUCED ULTRA-LOW CARBON BIOFUEL MADE FROM LOCAL WASTE. Neutral Fuels has pioneered the com- mercial adoption of biofuels in the Middle East and Africa region. Neutral Fuels takes waste cooking oil and fats, and converts them into stan- dards-compliant biofuel to run fleets of ships, trucks, and school buses. This has been achieved through its state-of-the-art waste-to-energy processing technology, innovative internet of things (IoT) software and handheld apps, and cutting-edge advances in chemical engineering. | FOUNDED IN 2011 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | KARL W. FEILDER, CO-FOUNDER AND CEO, NEUTRAL FUELS |

Page 80

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 80 Nutralis “We are helping the UAE’s population make better choices regard- ing the intake of nutra- ceutical products such as vitamins and supple- ments. This will result in a healthy population, leading them to live longer and healthier lives. We will also reduce healthcare costs by making better nutra- ceutical consumption choices, and taking the right products that have been tested for qual- ity and label/content match.” www.nutralis.ae NUTRALIS IS A NUTRACEUTICAL CERTIFICATION INSTITUTE TO CERTIFY AND CLAIM AND RATE CLAIMS ON CONTENT AND QUALITY OF NUTRACEUTICAL PRODUCTS. Nutralis has two principal offerings, one of which is a product scanner, an online platform that allows users to scan barcodes and/or product labels of vitamins and supplements, providing them with a detailed comparison and in-depth analysis of the product to choose the most suitable one. The product’s USP is that it is a one-stop shop, and it is the first-of-its-kind label scanner that does not only give one an insight into nutraceuticals, but also helps them make the right choices. The second of its offerings is a nutraceutical certification that certifies and rates the claims on the content and quality of nutraceutical products. It is a high quality and convenient solution for quality assurance and product differentiation against competitors. | FOUNDED IN 2023 | SECTOR HEALTHTECH | LOCATION DUBAI | YOUSUF AL YOUSUF, CO-FOUNDER, NUTRALIS |

Page 81

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 81 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY P4ML www.p4ml.com P4ML IS A HEALTHTECH COMPANY WHOSE WORLD- CLASS PROPRIETARY ANALYTICAL CAPABILITIES ARE SET TO CHANGE THE WAY CARE IS DELIVERED TO PATIENTS WITH THE RAREST OF DISEASES. P4ML is the first multiomics solution provider, which utilizes deep learning to identify rare diseases in a day. Its mission is also to accelerate orphan drug development during newborn screening, as well as inborn errors of metabolism screening. P4ML’s Data Driven Health Intelligence platform further aggregates data from multiple omics sources, and uses advanced machine learning algorithms to inform diagnosis, prognosis, therapy selection, and drug development. Comprehensive and integrated diagnostics are set to play an increasingly important role in ensuring patients receive the right treatment at the right time, and so, distinctive analytical capabilities to integrate and interpret disparate datasets, which encompasses P4ML’s offering, will thus become a competitive advantage. | FOUNDED IN 2023 | SECTOR HEALTHTECH | LOCATION ABU DHABI | PATRICK J. MOLONEY, FOUNDER AND CEO, P4ML | “ P 4 M L H A S A M A N T R A O F E M P L O Y I N G S T R O N G P H D G R A D U A T E S T O O U R E N T I T Y . A K E Y F O C U S E D P R O G R A M F R O M P 4 M L W I L L B E T O E N - G A G E I R E L A N D A N D T H E U N I T E D A R A B E M I R A T E S O N A K N O W L E D G E E C O N O M Y , A N D F O S T E R L O C A L E M I R A T I G R A D U A T E S . ”

Page 82

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 82 Pravica “PRAVICA’S SOLUTION, WHICH OFFERS SECURE, END-TO-END ENCRYPTED MESSAGING FOR DECENTRALIZED APPLICA- TIONS, COULD BE PARTICULARLY RELEVANT FOR ORGANIZATIONS AND INDIVIDUALS IN THE MENA REGION, WHO ARE LOOKING FOR WAYS TO COMMUNICATE SECURELY AND PRIVATELY.” www.pravica.io THE WORLD’S MOST SCALABLE AND OPEN- SOURCE MESSAGING INFRASTRUCTURE, PRAVICA IS BUILT ON THE FOUNDATIONAL PRINCIPLES OF WEB3, PUTTING DATA OWNERSHIP BACK IN THE HANDS OF USERS. Pravica’s mission is to empower individuals and organizations with secure and private communication tools for the decentralized web. The blockchain-powered platform’s vision is to therefore create a world where privacy is the default. Pravica envisions a decentralized web where individuals have control over their data, and where organizations can collaborate freely without compromising privacy. The MENA region, including the UAE, is a rapidly growing market for blockchain and decentralized technologies, and there’s a growing demand for secure communication solutions that can protect sensitive information and ensure privacy in digital communications. To effectively enter and serve the MENA market, Pravica aims to conduct market research to understand the specific needs and challenges of the region, including any regulatory requirements or cultural considerations. | FOUNDED IN 2020 | SECTOR OTHER/WEB 3.0 | LOCATION DUBAI | MOHAMED ABDOU, FOUNDER AND CEO, PRAVICA |

Page 83

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 83 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Predictiv “ A T P R E D I C T I V , W E C A N P R E V E N T S E R I O U S D I S E A S E S I N P E O P L E W I T H T H E U S E O F D I G I - T A L T W I N S , A N D T H A T C A N M A K E T H E U A E B E C O M E T H E B E S T C O U N T R Y I N T H E W O R L D T O P R O V I D E P R E V E N T I V E H E A L T H C A R E . ” www.predictivcare.com PREDICTIV HAS DEVELOPED A PLATFORM THAT OFFERS ARTIFICIAL INTELLIGENCE- DRIVEN PERSONALIZED HUMAN DIGITAL TWINS FOR PREDICTIVE AND PREVENTIVE HEALTHCARE. Predictiv is building personalized digital twins to predict and prevent diseases and adverse drug reactions by analyzing 20,000 genes for 22,000 diseases and 750 drug reactions. The platform has the ability to screen 5,000 rare diseases for the children of the UAE, which will make the nation the first country in the world where all the children receive the appropriate child healthcare as soon as they are born. Predictiv also provides pharmacogenomics screening for the citizens of the UAE, and it is thus working towards ensuring that the UAE becomes the first country in the world where people suffer the least from the side effects of the medications they are taking. | FOUNDED IN 2020 | SECTOR HEALTHTECH | LOCATION ABU DHABI | SAJUNG YUN, CEO, AND SIJUNG YUN, PRESIDENT, PREDICTIV CARE |

Page 84

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 84 Prognica Labs www.prognica.com PROGNICA LABS HAS DEVELOPED A CANCER DIAGNOSTICS AND TREATMENT PLATFORM THAT LEVERAGES THE POWER OF ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING TO IMPROVE CLINICAL OUTCOMES AS WELL AS TO REDUCE COSTS. Prognica Labs is a healthtech company that aims to streamline clinical encounters and optimize outcomes through predictive analyt- ics to improve clinical outcomes, and thereby accelerate the discovery of breakthrough advancements in the fight against cancer. Prognica utilizes evidence-based algorithms, machine learning, and computer vision to generate real-time clinical insights at all points of care through early detection and intervention. The enterprise is also constantly working towards bringing top global talent to UAE from renowned educational institutions such as Harvard, Yale, Massachusetts Institute of Technol- ogy, Brown University, and others, to participate as its advisors in life sciences and public health. | FOUNDED IN 2019 | SECTOR HEALTHTECH | LOCATION DUBAI | KHALID SHAIKH, FOUNDER AND CEO, PROGNICA LABS | “ W E H A V E A S T R O N G M I S S I O N A T P R O G N I C A L A B S : T O D E M O C R A T I Z E T H E E A R L Y D E T E C T I O N A N D D I A G N O S I S O F B R E A S T C A N C E R B Y M A K I N G T H E E N T I R E P R O C E S S M O R E A C C U R A T E , A C C E S S I B L E A N D A F F O R D A B L E . ”

Page 85

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 85 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Pure Harvest “Our mission at Pure Harvest closely aligns and supports the UAE’s National Food Security Strategy 2051, which aims to make the UAE the world’s best in the Global Food Secu- rity Index by 2051, to develop a comprehensive national system based on enabling sustainable food production through the use of modern technologies, and to enhance local production.” www.pureharvestfarms.com PURE HARVEST IS A MISSION-DRIVEN, TECHNOLOGY-ENABLED AGRIBUSINESS FOCUSED ON YEAR-ROUND, SUSTAINABLE PRODUCTION OF PREMIUM- QUALITY FRESH FRUITS AND VEGETABLES. Pure Harvest is a technology- enabled agribusiness, harnessing the wonders of science, the power of nature, and the passions of our people to provide the tastiest, most affordable, nutritious, and most sustainable fresh produce possible anytime anywhere. Its vision is to create a more sustainable future by reimagining farming, and changing how and where humanity produces its food. Pure Harvest delivers over 15 million kilograms of produce per year- with a fraction of the water footprint of traditional farming. It has decoupled the relationship of food production from its dependence on climate, and instead married it to energy and capital sources, making possible sustainable and economic fresh produce production anywhere. | FOUNDED IN 2017 | SECTOR AGRITECH | LOCATION ABU DHABI | SKY KURTZ, CO-FOUNDER AND CEO, PURE HARVEST |

Page 86

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 86 QS Monitor www.qsmonitor.com QS MONITOR IS A SMART FOOD SAFETY AND TRACEABILITY SOLUTION THAT ELIMINATES INEFFICIENT MANUAL PROCESSES, ERRORS DUE TO LACK OF COMMUNICATION, AND OUTDATED INFORMATION. QS Monitor ensures food industry stakeholders that safe food is traded across the supply chain, and it also minimizes food loss due to bad agriculture and manufacturing processes for all types of foodstuff. Food safety regulations are complex and changing continuously, which creates a costly, lengthy, and ambiguous process for food traders. QS Monitor’s objective therefore is to make food safety requirements easier and more accessible for all sorts of food traders. For this purpose, it has created a network of laboratories, inspection, and certification companies in more than 80 countries, with a total of 580 service providers spread across the world. In addition, the cost of safety services is reduced by more than 60%, and turnaround time by more than 70% compared to the existing manual processes. | FOUNDED IN 2019 | SECTOR AGRITECH | LOCATION ABU DHABI | HUSEYIN BURAK KARAPINAR, CEO, QS MONITOR | “QS Monitor digitizes and streamlines food safety requirements, documentation, and procedures for food industry stakeholders, thereby helping the UAE’s objectives to achieve food security, and become a reliable partner for food trade. We provide easy ac- cess for food exporters to the UAE market hence creating easier, faster, and cheaper ac- cess, both for suppliers and consumers.”

Page 87

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 87 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Razrlab www.razrlab.com RAZRLAB IS A PROUD UAE-BASED SOFTWARE DEVELOPMENT AND SOLUTIONS PROVIDER LED BY A TEAM WITH A COMBINED EXPERIENCE OF OVER 35 YEARS IN FIELDS RELATING TO THE INTERNET OF THINGS (IOT) LIKE SOFTWARE, COMMUNICATIONS, LOGISTICS, DISTRIBUTION, FACILITIES MANAGEMENT, FINANCIAL SERVICES, AND SECURITY. RAZRLAB is a company driven by passion to solve problems. Its primary goal is to build IoT solutions for day- to-day real-life use. It thus provides sustainable and efficiency-optimizing IoT solutions for the UAE’s tech eco- system. Renewable energy, industrial IoT, agriculture IoT, etc. are some of the verticals RAZRLAB is investing in at present. | FOUNDED IN 2017 | SECTOR INTELLIGENT MOBILITY | LOCATION DUBAI | RAMI AMIN, CPO, ZUBAIR AHMED, CTO, JASON GASPER, CEO, RAZRLAB | “ W E W I L L C O N T I N U E T O B U I L D N E W I O T S O L U T I O N S T H A T A R E I N L I N E W I T H T H E N E E D S O F T H E U A E ’ S F A S T A D A P T I N G C O M P A N I E S . I N D O I N G S O , I T M A K E S T H E S E C O M P A N I E S M O R E E F F I C I E N T , A N D T H U S M O R E C O M P E T I T I V E I N T H E I R O W N B U S I N E S S E S , A N D T H E R E B Y I N C R E A S I N G T H E O V E R A L L P R O D U C T I V I T Y O F T H E E C O N O M Y . ”

Page 88

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 88 Rebound “ R E B O U N D I S D I G I T A L I Z I N G T H E F L O W O F M A T E R I A L I N T H E R E C Y C L I N G I N D U S T R Y , A L L O W I N G T H E U A E T O B E A T T H E F O R E F R O N T O F T H E C I R C U L A R E C O N O M Y . ” www.reboundplasticexchange.com REBOUND IS A GLOBAL, QUALITY ASSURED TRADING PLATFORM THAT ENABLES BUYERS AND SELLERS TO EFFICIENTLY TRADE RECYCLED PLAS- TIC WITH CONFIDENCE. Rebound’s global mission is to keep plastics in the economy and out of the environment, and thereby being part of the solution to reduc- ing plastic pollution in the world at large. | FOUNDED IN 2023 | SECTOR SUSTAINABILTY & ENVIRONMENT | LOCATION ABU DHABI | MARYAM AL MANSOORI, GENERAL MANAGER, REBOUND |

Page 89

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 89 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Remitex “Our unique value point is that we are the only integrated prod- uct that is connected locally to the digital channels for identifi- cation checks, and internation- ally as well with all major data providers, and thereby providing a single sign-on for all modules viz a viz e-know-your-customer, sanction screening, risk as- sessment, fraud risk, transac- tion screening/monitoring, and regulatory reporting.” www.kycdigi.com REMITEX HAS BUILT A FULLY SCALABLE INTEGRATED LOW-CODE ANTI MONEY LAUNDERING TOOL THAT IS EQUIPPED WITH ARTIFICIAL INTELLIGENCE PROWESS. Remitex a regulatory tech company registered in Dubai, with a presence in six other countries. Since its inception in 2020, Remitex has focused on leveraging technology to meet the compliance needs in the financial industry. Besides solutions on payments and cards, its Digi Comply product is capable of mitigating all the risks financial institutions face in onboarding, transactions, ongoing monitoring, or regulatory reporting. Its low code deployment ensures that it integrates seamlessly with any core application. The company believes in a digital future, and it is fully committed to UAE’s National Digital Government Strategy 2025, as well as Dubai’s Digital Strategy, which has a vision to digitize all aspects of life, and establish a reliable, robust digital system that enhances the digital economy, and empowers a digitally driven society. | FOUNDED IN 2020 | SECTOR FINTECH | LOCATION DUBAI | DR. ABHISHEK JAJOO, FOUNDER AND GROUP CEO, REMITEX |

Page 90

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 90 RestHero www.resthero.io RESTHERO IS A SOCIAL MEDIA COMMERCE PLATFORM THAT IS POWERED BY ARTIFICIAL INTELLIGENCE, WHICH ENABLES RETAILERS AND HOME-BASED BUSINESSES TO SELL DIRECTLY ON ALL SOCIAL MEDIA. RestHero’s integrated platform pro- vides a robust array of features, which includes a social media e-store (social commerce), direct payment gateways, seamless delivery integrations, in-depth client performance data analysis, and powerful marketing tools. With RestHe- ro, one can fully tap into the potential of social media giants like Meta (Facebook, Instagram, and WhatsApp), and make use of its strategic partnership with Tik- Tok. Such collaborative efforts are thus dedicated to equipping business owners with the tools they need to thrive in the ever-evolving landscape of e-commerce and social commerce. | FOUNDED IN 2022 | SECTOR OTHER/ E-COMMERCE | LOCATION DUBAI | DR. ABDULLA MOHAMMED ALSHIMMARI, CEO, RESTHERO | “ R E S T H E R O I S A C T I V E L Y C O N T R I B U T I N G T O S H A P I N G T H E F U T U R E O F T H E U A E B Y R E V O L U T I O N I Z I N G E - C O M M E R C E A N D S O C I A L C O M M E R C E L A N D S C A P E S . O U R I N T E - G R A T E D P L A T F O R M E M P O W E R S B U S I N E S S E S W I T H C U T T I N G - E D G E T O O L S , I N C L U D - I N G A S O C I A L M E D I A E - S T O R E , S E A M L E S S D E L I V E R Y I N T E G R A T I O N S , A N D P O W E R - F U L M A R K E T I N G S O L U T I O N S . ”

Page 91

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 91 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Revent www.revent.store REVENT IS A TECHNOLOGY- DRIVEN COMPANY WITH A MISSION TO REVOLUTIONIZE THE PRE-OWNED ELECTRONICS MARKET IN THE MENA REGION. Revent’s purpose is to address the critical issue of trust in the second- hand electronics sector by offering a comprehensive solution through its proprietary technology, True- check. Truecheck is a cloud-based, quality-assessment tool that en- sures consistent and reliable evalu- ations of used electronic devices, empowering consumers to make informed purchasing decisions. Revent’s unique value proposition thus lies in its ability to deliver trusted, high-quality pre-owned electronics, providing customers with cost-effective options while reducing e-waste. | FOUNDED IN 2022 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | DHANANJAY CHOUBEY, CO-FOUNDER AND COO, BALDEEP SINGH, FOUNDER AND CEO, REVENT | “WHAT SETS REVENT APART IS ITS COMMITMENT TO SUSTAINABILITY, HAVING SAVED OVER 600 METRIC TONS OF CARBON DIOXIDE EMIS- SIONS. WE BELIEVE OUR FOCUS ON CUSTOMER SATISFACTION AND ENVIRONMENTAL RESPONSIBILITY POSITIONS US AS A LEADER IN THE UAE’S TECHNOLOGY AND SUSTAIN- ABILITY SECTORS.”

Page 92

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 92 Sadeem Space www.sadeemspace.ae SADEEM SPACE IS AN INNOVATIVE SATELLITE SOLUTIONS PLATFORM THAT AIMS TO OFFER COMPACT, POWERFUL, RELIABLE, ENABLING GROUNDBREAKING SPACE MISSIONS WITH CUTTING-EDGE TECHNOLOGY. Sadeem Space is a company specialized in the development of satellite subsystems that is dedicated to innovation and engineering excellence in the space industry. It envisions aspiring the next generation of space-explor- ers and enabling them to realize that space is a source of boundless opportunities. The company’s mission is to harness its technical expertise in space technology to drive inno- vation, create sustainable solutions, and em- power the UAE. Its spacecraft services start from initial design to tailored circuitry and testing, ensuring the reliability and robust- ness of its space systems. In a realm where precision and innovation meet, Sadeem Space emerges as a key partner, contributing to the UAE’s stellar space ambitions, one mission at a time. The growth of the company and similar space startups therefore stimulates the development of the UAE’s space ecosys- tem, thereby growing related industries, like manufacturing, robotics, and telecommunica- tions, creating job opportunities, and contrib- uting to economic diversification. | FOUNDED IN 2023 | SECTOR SPACE | LOCATION DUBAI | MARYAM ALNABOODA, FOUNDER, SADEEM SPACE | “ W H A T T R U L Y S E T S S A D E E M S P A C E A P A R T A R E I T S I N V E N - T I V E S O L U T I O N S , D R I V E N B Y R E L E N T L E S S R E S E A R C H A N D D E V E L O P M E N T , C O N T R I B U T - I N G T O T H E G R O U N D B R E A K I N G A C H I E V E M E N T S O F I T S P A R T - N E R S . S A D E E M S P A C E O F F E R S C U S T O M I Z A B L E , P R E - B U I L T S A T E L L I T E S O L U T I O N S , A L - L O W I N G C L I E N T S T O P R I O R I - T I Z E P A Y L O A D D E V E L O P M E N T , T H E R E B Y D R I V I N G A D V A N C E - M E N T S . ”

Page 93

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 93 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY SARsatX www.sarsatarabia.com SARSATX IS A SPACE STARTUP THAT DELIVERS NEAR-REAL-TIME EARTH OBSERVATION DATA AND ANALYTICS INDEPENDENT OF WEATHER CONDITIONS, DAY OR NIGHT, WHICH ASSISTS DECISION MAKING. By utilizing earth observation, SARsatX can be proactive and help its clients to make better deci- sions in many applications such as deforestation, border security, disasters, search and rescue, oil leakage, and urban development. SARsatX is also able to guarantee reliable and recent data within four hours form the moment you give the company a call. | FOUNDED IN 2019 | SECTOR SPACE | LOCATION ABU DHABI AHMED ALZUBAIRI, CEO, AMRU ALAMOUDI, COO, MUHANNAD ALMUTAIRI, CBO, MICHAEL INGGS, CTO, MATTHEW MCCABE, CSO, SARSATX | “ S A R S A T X A I M S T O B E T H E L E A D I N G A N D M O S T I N N O V A T I V E A R A B C O M P A N Y I N S P A C E I N D U S T R I E S A N D S E R V I C E S ! ”

Page 94

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 94 Sarwa “ O U R P U R P O S E I S T O H E L P E V E R Y O N E C R E A T E W E A L T H B Y M A K I N G T H E I R M O N E Y W O R K , S M A R T L Y . W E S T A N D B Y T H E P R I N C I P L E S O F B E I N G S I M P L E , A C C E S S I B L E , I N N O V A T I V E , A N D T R A N S P A R E N T . ” www.sarwa.co SARWA IS A ONE-STOP SHOP FINANCIAL TECHNOLOGY PLATFORM FOR INVESTING AND MONEY MANAGEMENT. Sarwa is on a mission to help everyone put their money to work. The one-stop app offers hands-off auto-investing with Sarwa Invest, do-it-yourself trading of stocks and exchange traded funds with Sarwa Trade, as well as a high-yield cash account with Sarwa Save. Sarwa makes investing easy and affordable by using technology to drive down costs. With a large product offering, clients can choose how they want to invest based on their goals and values. Sarwa also looks after retail investors in the UAE by helping them invest and save. The UAE’s fi- nancial institutions tend to focus on the top 1%, and so, Sarwa ensures the others get proper advice and products to help them achieve financial independence. | FOUNDED IN 2017 | SECTOR FINTECH | LOCATION ABU DHABI | JAD SAYEGH, CTO, NADINE MEZHER, CMO, MARK CHAHWAN, CEO, SARWA |

Page 95

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 95 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Seafood Souq www.seafoodsouq.com SEAFOOD SOUQ HAS BUILT A DIGITAL PLATFORM FOR GLOBAL SEAFOOD SUPPLY CHAINS, PROVIDING EFFICIENCY, TRANSPARENCY, AND TRACEABILITY. Seafood Souq is an impact- focused digital ecosystem catering to the global seafood market, providing digital products tailored to actors in the seafood supply chain. The company has established itself as a network orchestrator, focusing its activities around trade operations and tracing the entire journey of fish, from ocean to plate. Through digitization, Seafood Souq aims to foster a transparent supply chain, bolstering food security, eradicating fraudulent practices, promoting responsible choices, and contributing to a sustainable future. | FOUNDED IN 2018 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | SEAN DENNIS, FOUNDER AND CEO, FAHIM AL QASIMI, FOUNDER AND CIO, SEAFOOD SOUQ | “WE ARE DEDICATED TOWARDS FOOD SECURITY, DIGITIZATION OF GLOBAL SUPPLY CHAINS, AND EXPORTING TECHNOLOGY FROM THE REGION TO THE WORLD.”

Page 96

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 96 Shaffra “ S H A F F R A I S A C T I V E L Y C O N T R I B U T I N G T O T H E U A E ’ S F U T U R E B Y A L I G N I N G W I T H I T S D I G I - T A L T R A N S F O R M A T I O N G O A L S . A S A P I O N E E R I N G G C C - B A S E D M E T A V E R S E - A S - A - S E R V I C E P R O V I D E R , W E A R E A T T H E V A N G U A R D O F I N T E G R A T I N G A I A N D M E T A V E R S E T E C H N O L O - G I E S I N T O T H E R E G I O N ’ S D I G I T A L E C O S Y S T E M . ” www.shaffra.com SHAFFRA IS A PLATFORM THAT IS REVOLUTIONIZING THE METAVERSE WITH AN ARTIFICIAL INTELLIGENCE (AI)- DRIVEN WORKFORCE, SHAPING TOMORROW’S DIGITAL REALMS TODAY. Shaffra stands at the forefront of metaverse innovation, offering an unparalleled metaverse-as-a-service platform. As a deep tech company, it empowers businesses and governments to build their own customized digital universes. Its unique value lies in its proprietary metaverse engine that facilitates seamless, device-agnostic experiences, integrating robust data analytics and AI-enhanced interactivity. This AI-driven workforce not only elevates user experiences, but also ensures efficient, intelligent operations within these virtual realms. By offering a subscription-based model, Shaffra makes metaverse creation accessible and cost- effective. Its vision is to democratize the metaverse, making it an open world ecosystem where SMEs can thrive. | FOUNDED IN 2022 | SECTOR OTHER/AI | LOCATION DUBAI | MARC WEHBI, CO-FOUNDER AND CTO, ALHARITH ALATAWI, CO-FOUNDER AND CEO, ALFRED MANASSEH, CO-FOUNDER AND CHIEF METAVERSE OFFICER, SHAFFRA |

Page 97

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 97 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Sila Insights “AT SILA, WE BELIEVE IN THE POWER OF CONNECTION. OUR TECHNOLOGY NOT ONLY DECIPHERS LANGUAGE, BUT ALSO BUILDS BRIDGES, FOSTERING BETTER UNDERSTANDING AND COMMUNICATION BETWEEN BUSINESSES AND ARABIC- SPEAKING COMMUNITIES WORLDWIDE.” www.silainsights.com SILA INSIGHTS HAS BUILT A TECH PLATFORM THAT IS REVOLUTIONIZING ARABIC LANGUAGE ANALYSIS WITH ARTIFICIAL INTELLIGENCE (AI)-POWERED SENTIMENT AND DIALECT UNDERSTANDING FOR UNPARALLELED MARKET INSIGHTS. Sila is a pioneer in AI-driven natural language processing that specializes in Arabic dialects and sentiment analy- sis. Its core mission is to bridge the gap in understanding Arabic-speaking consumers by leveraging cutting-edge AI technology. This focus allows it to offer unprecedented insights into a diverse and complex market that is often underserved and misunderstood. Sila’s unique value proposition lies in its ability to analyze a vast array of data sources in Arabic, offering native-level comprehension and sentiment analysis. By doing so, it enables businesses to make more informed decisions, tailor their strategies more effectively, and connect with their Arabic-speaking audience on a deeper level. | FOUNDED IN 2018 | SECTOR OTHER/AI | LOCATION DUBAI | PAUL KELLY, CO-FOUNDER AND CEO, SILA INSIGHTS |

Page 98

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 98 Sinterex www.sinterex.com SINTEREX IS A LAST MILE MANUFACTURER THAT ENABLES COMPANIES TO MAKE MISSION CRITICAL PARTS WHERE AND WHEN THEY ARE REQUIRED. Sinterex’s mission is to fundamen- tally change where things are made. Today, 72% of global manufacturing capacity is centralized in just 10 countries. Sinterex’s purpose is to decentralize where things are made by localizing the production process, and creating a greener, more effi- cient, more agile, more cost-effective on-demand economy. It does this through its digital technology order- ing platform, the use of advanced manufacturing tech such as 3D printing, and a global network of micro-factories. Sinterex is therefore a part of the UAE’s move towards developing a local advanced manu- facturing economy that will support the domestic economy, but also export internationally. | FOUNDED IN 2017 | SECTOR ADVANCED MANUFACTURING | LOCATION DUBAI | JULIAN CALLANAN, CEO, SINTEREX | “ S I N T E R E X I S E N A B L I N G C O M P A N I E S T O ‘ M A K E I N T H E E M I R A T E S . ’ T H R O U G H L O C A L I Z A T I O N O F P R O D U C T I O N C A P A B I L I T I E S , W E A R E G I V I N G U A E - B A S E D C O M P A N I E S A S T R A T E G I C A D V A N T A G E O V E R I N T E R N A T I O N A L C O M P E T I T O R S , E N A B L I N G T H E M T O G E T T O M A R K E T F A S T E R , A C H I E V E L O W E R C O S T S P E R U N I T , A N D D E C R E A S E T H E I R E N V I R O N M E N T A L F O O T P R I N T . ”

Page 99

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 99 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY SpiderSilk www.spidersilk.com SPIDERSILK HAS BUILT AN ARTIFICIAL INTELLIGENCE (AI)-POWERED EXTERNAL EXPOSURE MANAGEMENT PLATFORM FOR COMPLETE VISIBILITY INTO CYBER THREATS. Backed by Global Ventures, STV, and Aramco, SpiderSilk is the first AI cybersecurity product company to come out of the Middle East and go international. It specializes in external exposure management and attack surface defense, and its proprietary technology is now protecting global organizations like Unisys and Hitachi, and regional ones like STC Solutions, ADNOC, and more. Meanwhile, its national cyber defense platform is shielding government agencies in the KSA, UAE, and Jordan from global threats posed by cybercrime syndicates and nation state actors. In fact, that platform is currently overseeing over 7,000 assets across 60 federal agencies in the UAE on behalf of the Telecommunications and Digital Regulatory Authority. | FOUNDED IN 2019 | SECTOR CYBERSECURITY | LOCATION DUBAI | MOSSAB HUSSEIN, CSO, RAMI EL MALAK, CEO, SPIDERSILK | “We are net importers of cybertech in our region, and that is an issue from a national cyber defense perspective. Our proprietary tech is from the UAE, for the UAE, and beyond.”

Page 100

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 100 Sulmi www.sulmi.ai SULMI IS A UAE-BASED COMPANY THAT HAS DEVELOPED AN ADVANCED ELECTRIC MOTORBIKE WITH AN INTELLIGENT RIDER ASSIST SYSTEM. Sulmi has built the first all-electric motorbike in the UAE and the region, with a technology built by Emiratis and Arabs. With the delivery sector being one of the biggest in the re- gion, Sulmi is solving transportation challenges related to it, and its Rider Assist system aims to save lives by enhancing the driving behavior from riders and drivers in the next five to seven years. | FOUNDED IN 2019 | SECTOR INTELLIGENT MOBILITY | LOCATION SHARJAH | RASHID AL SALMI, FOUNDER AND CEO, SULMI | “ W E A I M T O R E M O V E M O R E T H A N 8 , 0 0 0 T O N S O F C A R B O N D I O X I D E F R O M T H E A T M O S P H E R E I N T H E N E X T F I V E Y E A R S B Y R E P L A C I N G T H E I N T E R N A L C O M B U S T I O N E N G I N E - B A S E D M O T O R B I K E S , A N D W E A L S O L O O K F O R W A R D T O C R E A T I N G M O R E J O B S F O R E M I R A T I A N D L O C A L C A D R E S ! ”

Page 101

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 101 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Swftbox www.swftbox.com SWFTBOX IS AN ARTIFICIAL INTELLIGENCE (AI)-POWERED PLATFORM THAT OFFERS RETAILERS THE CHANCE TO MAKE USE OF SAME-DAY SHIPPING THROUGH ITS COURIER NETWORK. The Swftbox platform aggre- gates retailer shipments, batches them into dense delivery routes, and assigns them to its courier network. This therefore gives retailers faster delivery speeds and better rates, while couriers achieve better returns on their fleet with simpler operations and lower cost to onboard new retailers. | FOUNDED IN 2020 | SECTOR INTELLIGENT MOBILITY | LOCATION DUBAI | MOHAMAD ABSI HALABI, CEO, AHMAD ABSI, HEAD OF PRODUCT, OMAR ABSI, HEAD OF GROWTH, SWFTBOX | “ W E A R E R E S H A P I N G L O G I S T I C S B Y L E V E R A G I N G T H E S H A R I N G E C O N O M Y , A N D C O N N E C T I N G D E M A N D W I T H S U P P L Y T H R O U G H O U R A I , T O O P T I M I Z E A S S E T U T I L I Z A T I O N , E N H A N C E S E R V I C E L E V E L S , A N D R E D U C E T H E N U M B E R O F V E H I C L E S O N T H E R O A D , T O R E D U C E C O N G E S T I O N , A N D M I N I M I Z E E N V I R O N M E N T A L I M P A C T . ”

Page 102

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 102 The Waste Lab “ T H E W A S T E L A B I S B U I L D I N G A C O M M U N I T Y O F I N D I V I D U A L S A N D B U S I N E S S E S T H A T P R A C T I C E P R O P E R F O O D W A S T E S E G R E G A T I O N A T S O U R C E , W H I C H , I N T U R N , I S D I V E R T E D F R O M L A N D F I L L S , A N D C O N T R I B U T E S T O T H E N E ’ M A P L E D G E , A C O L L A B O R A T I O N B E T W E E N T H E U A E M I N I S T R Y O F C L I M A T E C H A N G E A N D E N V I R O N M E N T A N D T H E A B U D H A B I C R O W N P R I N C E ’ S C O U R T T O R E D U C E F O O D L O S S A N D W A S T E , E N C O U R A G E S O C I A L R E S P O N S I B I L I T Y , A N D P R O M O T E T H E P R I N C I P L E S O F S U S T A I N A B I L I T Y , I N L I N E W I T H U A E ’ S G O A L T O H A L F F O O D W A S T E B Y 2 0 3 0 . ” www.thewastelab.com THE WASTE LAB IS AN IMPACT- DRIVEN, DATA-FOCUSED, AND TECH-ENABLED COMPANY THAT IS DIVERTING FOOD WASTE FROM LANDFILLS THROUGH NATURE-BASED REPURPOSING SOLUTIONS. The Waste Lab specializes in nature-based composting of food scraps and leftovers, customizing its services to meet the unique needs of various establishments, including cloud kitchens, hotels, restaurants, households, canteens, schools, and universities. Its mission is to turn every food scrap into an opportunity that benefits local soil, farms, food production, and job creation. The Waste Lab also hosts various workshops and activities to build a community that practices appropriate organic waste sorting at source, disposal, and repurposing. | FOUNDED IN 2021 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION DUBAI | CEYLAN UREN, CO-FOUNDER AND CEO, LARA HUSSEIN, CO-FOUNDER AND CEO, THE WASTE LAB |

Page 103

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 103 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Udenz “ A S A N A I - P O W E R E D D E N T A L P L A T F O R M , W E A R E T R A N S F O R M I N G D E N T A L C A R E A C C E S S I B I L I T Y A N D E F F I C I E N C Y I N T H E M E N A R E G I O N . ” www.udenz.io UDENZ IS THE FIRST ARTIFICIAL INTELLIGENCE (AI)-POWERED PLATFORM FOR DENTAL DIAGNOSTICS AND PRACTICE MANAGEMENT. Udenz is catalyzing a futuristic shift in the UAE’s healthcare landscape by integrating artificial intelligence in dental care. This platform epitomizes the UAE’s vision of embracing cutting-edge technology to advance health services. By facilitating seamless access to dental care and enhancing practice manage- ment, Udenz is not just improving cur- rent healthcare standards, but it is also setting the stage for a future where AI-driven solutions become the norm in medical practice. Its impact extends beyond immediate healthcare improve- ments, positioning the UAE as a pioneer in healthtech innovation, and paving the way for similar advancements across various medical fields. Udenz’s contribu- tion is therefore a vital step towards re- alizing a more technologically advanced, health-centric future in the UAE. | FOUNDED IN 2016 | SECTOR HEALTHTECH | LOCATION UMM AL QUWAIN | DR. HISHAM SAFADI, CO-FOUNDER AND CEO, UDENZ |

Page 104

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 104 Udrive “ T H R O U G H A N E N T I R E L Y D I G I T A L P R O C E S S , U D R I V E I S A B L E T O C O N N E C T P E O P L E W I T H A C C E S S T O V E H I C L E S A N Y W H E R E , E V E R Y W H E R E . T H E A D O P T I O N O F T E C H - B A S E D E F F I C I E N T M O B I L I T Y A L L O W S F O R A S E A M L E S S E X P E R I E N C E T O B E C O M E A V A I L A B L E T O T H E M A S S M A R K E T , W H I L E R E D U C I N G T H E N U M B E R O F P A S S E N G E R V E H I C L E S O N T H E R O A D . B O T H R E S I D E N T S A N D T O U R I S T S A L I K E A R E A B L E T O A C C E S S A W I D E R A N G E O F V E H I C L E T Y P E S F O R E V E R Y N E E D , A L L W I T H Z E R O D E P O S I T , A N D F U E L I N C L U D E D , I N O N E T R A N S P A R E N T A F F O R D A B L E C O S T . ” www.udrive.ae DELIVERING ON-DEMAND MOBILITY THROUGH ITS DIGITAL ECOSYSTEM, UDRIVE IS THE LARGEST CAR SHARING PLATFORM IN THE REGION. Founded in 2016 by Nicholas Watson and Hasib Khan, Udrive offers on- demand car rental services through a mobile application. By operating a growing fleet of over 1,000 vehicles in the UAE, it is optimizing the way people move around the UAE. The platform is known for its innovative approach to mobility through its free float approach, which gives access to its fleet and vehicle rental services on per-minute and per-day rental models. Udrive has thus been successful in establishing a loyal customer base, notably in resident expats based in the UAE. | FOUNDED IN 2016 | SECTOR INTELLIGENT MOBILITY | LOCATION DUBAI | HASIB KHAN, CO-FOUNDER AND CHAIRMAN, NIC WATSON, CO-FOUNDER AND CEO, UDRIVE |

Page 105

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 105 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Uktob “UKTOB IS ACTIVELY CON- TRIBUTING TO THE UAE’S FUTURE WITH ITS AI AGENTS TECHNOLOGY. WE’RE RUNNING PILOTS WITH DUBAI AIR- PORTS, DUBAI COURTS, DUBAI SPORTS COUNCIL, MOHAM- MAD BIN RASHID LIBRARY, AND PUBLIC PROSECUTION, DEMONSTRATING OUR TECH’S TRANSFORMATIVE IMPACT ON THE ECONOMY BY BOOSTING REVENUES, CUTTING COSTS, AND ENHANCING PRODUC- TIVITY.” www.uktob.ai UKTOB HAS BUILT A GENERATIVE ARTIFICIAL INTELLIGENCE (AI) PLATFORM AND AI AGENTS FOR THE MENA REGION. Uktob has built a potential of cutting- edge autonomous AI agents that is transformative for enterprise custom- ers by giving them the ability to create and deploy AI agents that replace hu- man employees in under five minutes. This technology dramatically trans- forms efficiency in sales, marketing, customer experience, and operations. The impact is substantial, offering remarkable productivity and efficiency gains. For instance, Uktob’s AI agents boast a median response time of just one minute, significantly outperforming the human median of 45 minutes. This not only saves time but also drastically cuts costs, with AI interactions costing US$0.13 compared to $2.58 for human interactions. | FOUNDED IN 2023 | SECTOR OTHER/AI | LOCATION DUBAI | KAREEM AYYAD, FOUNDER AND CEO, EMAD AYYAD, CO-FOUNDER AND CTO, UKTOB.AI |

Page 106

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 106 Valeo Health www.feelvaleo.com VALEO MAKES TAKING CARE OF YOUR HEALTH EASY AND CONVENIENT. Valeo Health is at the forefront of shaping the future of the UAE’s healthcare landscape, significantly impacting the well-being of its population. With a commitment to providing top-notch healthcare services, Valeo Health is addressing the pressing health concerns of the nation, notably the high prevalence of diabetes. By implementing innova- tive and comprehensive healthcare solutions, Valeo Health is not only treating, but also preventing and managing diabetes effectively. This proactive approach is instrumental in making the people of the UAE healthier, and fostering a culture of wellness. Valeo Health’s dedication to improving healthcare outcomes is a pivotal force in positively shaping the nation’s future health trajectory. | FOUNDED IN 2021 | SECTOR HEALTHTECH | LOCATION DUBAI | SUNDEEP SAHNI, CO-FOUNDER AND CEO, NADIN KARADAG, CO-FOUNDER AND COO, VALEO HEALTH | “ V A L E O H E A L T H I S Y O U R T R U S T E D H E A L T H P A R T N E R , H E L P I N G Y O U L E A R N H O W T O T A K E C A R E O F Y O U R H E A L T H . V A L E O H E A L T H O F F E R S C O N V E N I E N T A T - H O M E B L O O D T E S T S E R V I C E S , E X P E R T C O N S U L T A T I O N S , P E R S O N A L I Z E D T R E A T M E N T P L A N S , A N D T O P - Q U A L I T Y S U P P L E M E N T S , A L L A C C E S S I B L E T H R O U G H A U S E R - F R I E N D L Y A P P A N D W E B S I T E . W I T H V A L E O H E A L T H , Y O U C A N E F F O R T L E S S L Y M A N A G E Y O U R H E A L T H . T H A N K S T O O U R I N N O V A T I V E T E C H N O L O G Y , Y O U H A V E E A S Y A C C E S S T O T E S T I N G , M O N I T O R I N G , A N D T R A C K I N G Y O U R H E A L T H . ”

Page 107

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 107 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Verity “VERITY IS COMMITTED TO EMPOWERING THE UAE’S YOUTH WITH FIRST- HAND EXPERIENCE IN ESSENTIAL FINANCIAL LIFE SKILLS, PREPARING THEM FOR A SIGNIFICANT ROLE IN THE DIGITAL ECONOMY.” www.veritytheapp.com VERITY IS A FAMILY MONEY MANAGEMENT AND FINANCIAL LITERACY APP, PAIRED WITH A PREPAID DEBIT CARD FOR YOUTH. Verity strives to boost financial literacy among the UAE’s youth through a comprehensive money management app and prepaid debit card. The app digitizes allowances, encourages paid chores, and facilitates instant money transfers. It serves as a platform for children to learn budgeting under parental guidance, allowing them to set saving and giving goals, and get personalized insights into their financial habits. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION DUBAI | KAMAL AL-SAMARRAI, DINA SHOMAN, AND OMAR AL-SHARIF, CO-FOUNDERS, VERITY |

Page 108

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 108 Verofax “VEROFAX IS A UAE-BASED AND AWARD-WINNING TECH COMPANY THAT HELPS BRANDS ACCELERATE TOWARDS NET ZERO BY ENABLING PRODUCT SUSTAINABILITY CRE- DENTIALS VALIDATION, AND DIRECT CONSUMER ENGAGEMENT IN RESPONSIBLE LIFESTYLES AND VOLUNTARY CARBON OFFSETS.” www.verofax.com VEROFAX IS A GLOBAL TRADE COMPLIANCE MANAGEMENT SOLUTION, POWERED BY DIGITAL COMMODITY PASSPORTS FOR AUTOMATED VERIFICATION. Headquartered at Abu Dhabi Global Mar- ket (ADGM), Verofax holds the in-country value (ICV) certification, a program initiated by the Abu Dhabi National Oil Company to encourage and incentivize local companies to participate in the oil and gas industry by boosting their contributions to the UAE’s economy. It also received a Hub71 subsidy award and is the winner of the EGA Ram-up Awards, C3 Social Impact Accelerator Challenge 2021, and LEAP AI Challenge Award. Verofax has also been supported by lead- ing UAE accelerator programs, such as Mohammed Bin Rashid Innovation Fund, Dubai Multi Commodities Centre, EGA, Beeah Sustainable Challenges, Bedayat SEE Institute, Ma’an Social Incubator, and UAE Carbon Alliance. | FOUNDED IN 2018 | SECTOR SUSTAINABILITY & ENVIRONMENT | LOCATION ABU DHABI | WASSIM MERHEBY, CO-FOUNDER AND CEO, JAMIL ZABLAH, CO-FOUNDER AND COO, VEROFAX |

Page 109

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 109 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Vuz “We are building the next media unicorn from the UAE to the world by building a global success story and a media platform that builds on authen- ticity, and connects millions of people globally together.” www.vuz.com VUZ IS THE FIRST IMMERSIVE SOCIAL VIDEO PLATFORM THAT IS BACKED BY TOP-TIER VENTURE CAPITAL FUNDS FROM AROUND THE WORLD. As an enterprise, VUZ’s vision is to help millions of people teleport in time to top experiences around the world by giving them the power to choose what they want to see, how to see it, and when to see it, there- fore removing constraints of travel, time and access. | FOUNDED IN 2017 | SECTOR CREATIVE INDUSTRIES | LOCATION DUBAI | KHALED ZAATARAH, FOUNDER AND CEO, VUZ |

Page 110

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 110 Wellx “ W E L L X I S R E V O L U T I O N I Z I N G H E A L T H I N S U R A N C E I N T H E M E N A R E G I O N B Y I N F U S I N G F U N A N D G A M I F I C A T I O N I N T O T H E E X P E R I E N C E . T H I S I N N O V A T I V E A P P R O A C H P R O M O T E S P R E V E N T I V E H E A L T H C A R E , R E D U C I N G S I C K N E S S A N D H E A L T H C A R E C O S T S . W E L L X E N G A G E S C U S T O M E R S D A I L Y , N O T J U S T I N C R I S I S , T R A N S F O R M I N G T H E T R A D I T I O N A L I N S U R A N C E M O D E L . B Y M A K I N G I N S U R A N C E E X C I T I N G A N D P R O A C T I V E I N M A N A G I N G W E L L B E I N G A N D R I S K S , W E L L X I S C H A N G I N G H O W U S E R S E X P E R I E N C E I N S U R A N C E , E M P H A S I Z I N G C O N T I N U O U S E N G A G E M E N T A N D A H E A L T H I E R F U T U R E . ” www.wellxai.com WELLX IS A PREVENTION- FOCUSED DIGITAL HEALTH INSURANCE PLATFORM. Wellx is revolutionizing UAE’s health landscape by aligning with the national strategy for wellbeing and longevity. In a country with universal health insur- ance and a high prevalence of lifestyle diseases, Wellx’s proactive, gamified approach to health insurance is critical. By engaging users daily in preventive healthcare, Wellx tackles diseases like diabetes and cardiovascular issues, which affect over 60% of the popula- tion. This shift from reactive to proac- tive health management enhances the overall wellbeing and longevity of UAE residents, making a significant impact on the nation’s health future. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION DUBAI | VAIBHAV KASHYAP, CO-FOUNDER AND CEO, ANUSHKA PATCHAVA, CO-FOUNDER AND CPO, JAVED AKBERALI, CO-FOUNDER AND MANAGING DIRECTOR, WELLX |

Page 111

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 111 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY WeWALK www.wewalk.io BY LEVERAGING CUTTING-EDGE TECH AND ARTIFICIAL INTELLIGENCE, WEWALK CREATES REVOLUTIONARY ACCESSIBILITY TOOLS FOR SOCIETY, DRIVEN BY LIVED EXPERIENCES. WeWALK’s goal is to make mobility truly inclusive, giving its own visually impaired team members, and society as a whole, equal participation in everyday life. Its features have been meticulously built based on learnings from user requirements testing and alternative products within the market. WeWALK is the first smart cane to feature obstacle detection and a truly comprehensive smartphone application that can be used even without the smart cane connected. WeWALK is also the first solution to provide multimodal navigation where a visually impaired user can navigate through walking and public transit routes in one seamless journey, with WeWALK notifying the user of when to board and alight transit vehicles, including buses and trains. WeWALK is also the first to combine this custom-built navigation experience with autonomous exploration options and a hardware cane-based device with voice feedback. WeWALK is thus one of the most accessible navigation solutions available, validated through awards including a TIME Best Invention, Edison Gold Award, and Amazon Startup of the Year. | FOUNDED IN 2020 | SECTOR INTELLIGENT MOBILITY | LOCATION ABU DHABI | GOKHAN MERICLILER AND KURSAT CEYLAN, CO-FOUNDERS, WEWALK | “WITH AN OFFICE SET UP AT HUB71 IN ABU DHABI, WEWALK BELIEVES IN ITS POTEN- TIAL TO GROW AND DEVELOP IN THE MENA REGION. THERE’S A MASSIVE PUSH TO ACKNOWLEDGE PEOPLE OF DETERMINA- TION’S RIGHTS IN EDUCATION AND EMPLOY- MENT, AND WEWALK WANTS TO FOLLOW THE FAST-PACED DEVELOPMENT OF TECHNOLOGY IN THE UAE. WEWALK HAS SEVERAL ANGEL INVESTORS IN ABU DHABI AND DUBAI AND IS CONSIDERING LAUNCHING PILOT PROJECTS, POTENTIALLY WITH E& AND MICROSOFT, IN THE NEAR FUTURE.”

Page 112

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 112 Xare “ W E A T X A R E D R I V E T H E U A E ’ S F I N A N C I A L I N N O V A T I O N A G E N D A I N F O U R K E Y W A Y S . A S A U A E - B O R N F I N T E C H , W E ’ R E S C A L I N G A N O V E L T E C H S T A C K G L O B A L L Y , S H O W C A S I N G O U R N A T I O N ’ S L E A D E R S H I P I N F I N A N C I A L T E C H N O L O G Y . W E E N H A N C E T H E U A E ’ S F I N A N C I A L R O B U S T N E S S B Y R E T A I N I N G F U N D S W I T H I N L O C A L B A N K S W H I L E E N A B L I N G G L O B A L T R A N S A C T I O N S . O U R P L A T F O R M A L I G N S W I T H T H E U A E ’ S V I S I O N F O R A D E C E N T R A L I Z E D , E Q U I T A B L E F I N A N C I A L S Y S T E M , C E M E N T I N G I T S S T A T U S A S A F I N A N C I A L I N N O V A T O R . X A R E A L S O F U R T H E R S T H E U A E ’ S H U M A N I T A R I A N G O A L S B Y I M P R O V I N G T H E L I V E S O F M A R G I N A L I Z E D G R O U P S W O R L D W I D E , A N D E M B O D Y I N G T H E N A T I O N ’ S C O M M I T M E N T T O G L O B A L S O C I A L I M P A C T . ” www.xare.co XARE IS THE WORLD’S FIRST CREDIT AND DEBIT CARD SHARING PLATFORM. Xare pioneers shared financial ser- vices globally, catering to a funda- mental but often overlooked reality: while financial products are tradition- ally designed for income earners, two-thirds of the world’s population does not work. These dependents, who collectively spend nearly US$25 trillion annually, have to turn to income earners to gain financial access. By enabling income earners to share their financial access such as credit/debit cards, Xare empowers income earners to become effective financial providers for their depen- dents. Sharers can set specific limits and controls on where the money is spent, ensuring better financial management. While originally designed to disrupt remittances, Xare now caters to three million users across 175+ countries, making it one of the most global fintech companies in the world. By turning income earners into personal banks for their dependents, Xare is effectively building a global network of a billion banks, redefining financial sharing for the masses, and making money social. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION DUBAI | PADMINI GUPTA, CO-FOUNDER AND CEO, XARE |

Page 113

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 113 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Yabi by Souqalmal “The financial literacy rate in the UAE is around 30%, and it is below global average. Yabi is here to solve this. Bringing online classes by the UAE experts, such as the CEO of Al Etihad Credit Bureau, CFO of du, CIO of EmiratesNBD, brings credibility to our program. Increasing financial literacy is directly correlated with gross domestic product growth, as residents understand how to use credit, and start investing their money back into the market, creating a multiplier effect.” www.yabimoney.com YABI BY SOUQALMAL IS THE FIRST FINANCIAL EDUCATION PLATFORM IN THE UAE. Yabi by Souqalmal’s mission is to educate two million adults by 2025 about how to manage their money. Yabi is the first financial education platform in the UAE with online classes about personal finance, which ranges from budgeting, to how to allocate their assets. The company teaches UAE residents how to budget, how to invest, how to get credit- all of this to bring them to financial independence. | FOUNDED IN 2022 | SECTOR EDUTECH | LOCATION DUBAI | AMBAREEN MUSA, FOUNDER AND CHIEF EXECUTIVE OFFICER, YABI BY SOUQALMAL |

Page 114

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 114 Zenda “Unlike other sectors like food ordering or e-com- merce, last-mile customer experience for a parent and an institution still carries a lot of friction. Old approach- es continue. Our aspiration is to redesign financial services, contextualized for solving specific use cases of schools/institutions and parents, in a manner not done so far.” www.zenda.com ZENDA IS A MODERN APP FOR FAMILIES THAT SIMPLIFIES DISCOVERY AND PAYMENTS FOR TUITION AND EDUCATION- RELATED SERVICES. Zenda is a modern technology-led service focused on and purpose-built for the education sector. On one side is a friendly app for families that simplifies discovery and payments, for tuition- and education-related services. On the other side, Zenda’s innovative technology stack integrates deeply with the plat- forms used in the educational sector, thereby enabling end-to-end digitiza- tion, improving controls and cash-flow predictability, and eliminating manual efforts/reconciliations. Today, Zenda serves 23% of the K-12 market in the UAE. Additionally, it is already present in 300+ schools across India and Qatar, with pilot schools going live in KSA and Bahrain in December as well. As a company, its mission is simply to help families thrive. | FOUNDED IN 2021 | SECTOR OTHER/ TECHNOLOGY | LOCATION DUBAI | RAMAN THIAGARAJAN AND HASEEB AHMED, CO-FOUNDERS, ZENDA |

Page 115

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 115 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY Zest Equity www.zestequity.com ZEST EQUITY HAS BUILT DIGITAL INFRASTRUCTURE TO POWER YOUR PRIVATE MARKET TRANSACTIONS. Zest Equity is digitizing private market transactions, building tools to streamline how entrepreneurs, funds, and investors transact. The company’s platform is designed to save you time and reduce adminis- trative costs, simplifying the end- to-end transaction process, whilst ensuring best-practice methodolo- gies and governance are employed. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION ABU DHABI | ZUHAIR SHAMMA AND RAWAN BADDOUR, CO-FOUNDERS, ZEST EQUITY | “ P R I V A T E M A R K E T S T H A T A R E E F F I C I E N T , T R A N S P A R E N T , A N D L I Q U I D A R E A C O R N E R S T O N E F O R T H E A D V A N C E M E N T O F A N Y F I N A N C I A L M A R K E T . W I T H A N E S T I M A T E D T O T A L A D D R E S S A B L E M A R K E T O F U S $ 9 2 0 B I L L I O N A C R O S S E M E R G I N G M A R K E T S , W E A R E B U I L D I N G A P L A T F O R M W I T H A N A I M T O R E E N F O R C E T H E U A E ’ S C R E D I B I L I T Y A N D D O M I N A N C E A S A B E S T - P R A C T I C E J U R I S D I C T I O N T O T R A N S A C T I N , B O T H T O D A Y A N D I N T H E F U T U R E . ”

Page 116

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY F U T U R E 1 0 0 . A E | P 116 THE FUTURE 100 Ziwo www.ziwo.io ZIWO IS A LEADING CLOUD- BASED TELEPHONY SYSTEM IN THE MIDDLE EAST (CCAAS) Ziwo provides businesses with access to an industry-leading cloud contact center solution. The software includes advanced features such as call tracking, virtual phone numbers in 150+ countries, call masking, end call survey, real-time report- ing, and more. Plus, with a subscription, businesses will always have access to the latest updates and new features as they’re released. Ziwo business model is a software-as-a-service model with a monthly subscription starting at US$109 per user. It is present in all the GCC with its own virtual points-of-presence and local cloud hosting services, connecting more than 150 countries. The solution is ISO 27001 certified, and it was ranked 11th on the Deloitte Fast 50 list, a pro- gram that recognizes fast growing tech- nology companies in the Middle East and Cyprus, in 2023. | FOUNDED IN 2011 | SECTOR OTHER/ TECHNOLOGY | LOCATION DUBAI | ERIC OUISSE, CO-FOUNDER AND CTO, RENAUD DE GONFREVILLE, CO-FOUNDER AND CEO, ZIWO | “ W E H A V E D E M O N S T R A T E D A V E R Y S T R O N G C O M M I T M E N T T O T H E U A E W I T H T H E H E A D Q U A R T E R S I N D U B A I , A N D O U T O F 7 5 E M P L O Y E E S G L O B A L L Y , 6 5 A R E B A S E D I N D U B A I I N T E R N E T C I T Y . O U R B U S I N E S S I S B A C K E D B Y S T R O N G I N V E S T O R S , I N C L U D I N G D U B A I T E C H N O L O G Y E N T R E P R E N E U R C A M P U S , W A M D A C A P I T A L , A N D T E M A R I S , W H I L E W E C O U N T T H E L I K E S O F W I O , D A M A C , A L T A Y E R , M U S E U M O F T H E F U T U R E , A J M A N P O L I C E , T A B B Y , A N D C A F U A M O N G O U R C U S T O M E R S . W E W A N T T O B E T H E N E X T U A E U N I C O R N ! ”

Page 117

F U T U R E 1 0 0 . A E | P 117 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 Zywa “ZYWA IS HYPER FOCUSED ON SIGNIFICANTLY IMPROVING THE QUALITY OF LIFE OF THE UAE’S YOUTH BY INSTILLING FINAN- CIAL LITERACY FROM A YOUNG AGE, IMPROVING THEIR ABILITY TO MANAGE THEIR OWN MONEY AND FAMILIARIZING THEM WITH MONEY-RELATED CONCEPTS. THIS WILL HELP THEM AVOID UNNECESSARY DEBT, LOANS, AND OTHER FACILITIES, WHICH MAY CAUSE FINANCIAL BUR- DEN ON THE UAE’S ECONOMIC SYSTEM, AND THE SOCIETY AS A WHOLE.” www.zywa.co ZYWA IS THE FIRST GAMIFIED COMMUNITY- BASED PAYMENTS APP AND MASTERCARD PREPAID CARD EXCLUSIVELY TAILORED FOR GEN Z AGED BETWEEN 10 AND 25 YEARS OLD IN THE MIDDLE EAST. Zywa is a first-of-its-kind gamified community-based app and Mas- terCard card, specifically designed for Gen Z. Through this platform, teenagers and young adults (10- 25 years old) can easily manage their finances, receive, and spend money without the need for cash, save money towards their goals, and earn rewards while interacting with their friends. The app helps the youth improve their financial literacy in a gamified and fun way, and it also gives them tailored financial tips on how to budget their money, and save for their fu- ture. Zywa is also aligned with the objectives of We the UAE 2031, a comprehensive national strategy that aspires to build a diversified, knowledge-based economy, as well as a vibrant, tolerant society. | FOUNDED IN 2021 | SECTOR FINTECH | LOCATION ABU DHABI | ALOK KUMAR, CO-FOUNDER AND CEO, NUHA HASHEM, CO-FOUNDER AND CTO, ZYWA |

Page 118

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY F U T U R E 1 0 0 . A E | P 118 THE FUTURE 100

Page 119

F U T U R E 1 0 0 . A E | P 119 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100

Page 120

100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY THE FUTURE 100 F U T U R E 1 0 0 . A E | P 120

Page 121

THE FUTURE 100 F U T U R E 1 0 0 . A E | P 121 100 COMPANIES WITH THE POTENTIAL TO SHAPE THE UAE’S FUTURE ECONOMY

Page 122

Page 123

Page 124

future100.ae