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Apr 2024
34m 20s

Global Challenges, Local Solutions: Enab...

Step
About this episode

The thriving landscape of entrepreneurship within the UAE, particularly Abu Dhabi, highlights significant advancements in climate technology, AI, and Web3. Muhammad Lila, Conor Gilmore, Onur Elgun, and Alexander Epure explore the regulatory challenges and investment opportunities in these sectors, providing strategies for compliance and attracting investments to fuel sector expansion.

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HIGHLIGHTS

(0:00) UAE startup experiences: AI, web3, and climate tech.

(4:33) Tech regulations and partnerships in the UAE.

(9:33) AI, digital assets, and innovation in Abu Dhabi.

(14:07) Abu Dhabi's tech growth and climate change solutions.

(22:01) Accelerating startups in Abu Dhabi: UX, infrastructure, fundraising.

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QUOTES

"For us, it was very clearly the right region for us to build that up."

"The regulatory environment here compared to Europe or North America? Look, they all have different pros and cons."

"There's certainly been a massive acceleration, especially in the last three, four years in terms of focus on tech."

"We need regulation that is both sensible and protects participants but also allows for innovation."

"Climate change is a global problem, but we are a big believer of local solutions."

"The government has set its strategy and priority in terms of sectors, focusing on healthcare, logistics, transportation, and cybersecurity."

"More people will get involved in web three, and talent from traditional finance will migrate to crypto."

"Building a startup is the loneliest thing in the world. You're doing something that 99% of other people don't have the courage to do."

"So the next step that businesses need to really do is to adopt AI."

"The most overlooked aspect... is the community aspect."

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