Embracing cross-industry collaboration to scale up innovation 

Embracing cross-industry collaboration to scale up innovation 

Embracing cross-industry collaboration to scale up innovation 
Eugene Willemsen is the CEO for Africa, Middle East, South Asia and International Beverages at PepsiCo and Roland Daher is the C
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Large-scale innovation requires a group with diverse perspectives, engaging in multiple discussions, combining various skills, leveraging a mix of resources, uniting ideas, and fostering a shared appetite for progress. 

The Middle East is at a pivotal stage in its innovation journey. On one end of the spectrum, we have future-forward technologies such as artificial intelligence, energy systems and electric vehicles playing an important role in the sustainability drive of this region.

And on the other end, we have the agents of collaborative innovation — startups, corporations, business-expansion platforms and governments — that are driving growth in the sustainability sector. 

It is a great lens through which to view the future role of the Middle East because increasingly this part of the world is generating excitement when it comes to innovation, collaboration, and tangible investment.  

Governments have embraced their role as connectors and investors. Saudi Vision 2030 is guiding the Kingdom’s initiatives to support entrepreneurs and the start-up ecosystem, as a part of its diversification strategy.

Meanwhile, the Dubai Future District Fund has allocated 20 percent of its resources to accelerate sustainable technology start-ups and scale-ups that are tapping into advanced technologies such as AI, blockchain and robotics.

Incentives and initiatives for small and medium sized businesses and venture capitalists making waves in the green economy are a great way to bolster innovation. 

Collaboration and innovation within the sustainability space are taking a lead role in creating impact and driving change. And it is timely too, because many of the most exciting opportunities in the Middle East genuinely depend on the contributions of multiple private-sector partners to drive momentum and progress.  

For example, the Mega Green Accelerator Program saw the collaboration of PepsiCo, SABIC and AstroLabs with other strategic partners to nurture some of the region’s next generation of innovators as they develop solutions to address sustainability challenges.

It offers support and investment for innovation that can bring scalable impact to areas like the circular economy, clean energy transitions, water, and agriculture. 

Cross-sector partnerships are helping drive sustainability and address climate change. In this case, it is also helping bridge gaps that often exist between entrepreneurs and the resources they need. This includes access to networks, raising capital, mentorship on what to do next or where to prioritize.  

With the Middle East becoming a test bed for innovation by attracting an influx of international and regional businesses, creating an environment for these companies to scale into local markets has become essential.

With the Middle East becoming a test bed for innovation by attracting an influx of international and regional businesses, creating an environment for these companies to scale into local markets has become essential.

Eugene Willemsen and Roland Daher

To this end, the collective effort between private and public entities can be looked at as a solution to accelerate development, cater to the needs of these companies, and bridge fundamental gaps.

It is also important to showcase sector challenges and emphasize that sustainability is key to the continued prosperity and success of the region.

The regulatory environment will continue evolving to further support this — balancing risk with reward, incentivizing research and development, and accelerating targeted investment in innovation infrastructure.  

There must also be more knowledge sharing, insight transference and education enhancement, particularly around efforts to be more innovation-focused.

In addition, partnerships with educational institutions, to imbibe an entrepreneurial mindset from a young age, can go a long way.  

Finally, regional platforms and events have a big part to play in providing entrepreneurs with access to global markets, networks, investors, content, connections and other innovators, closing the loop of continuous cross-sector collaborations.

This year’s LEAP was a giant success, with record investments into Saudi Arabia’s tech and start-up landscape.

With more than $14 billion in public and private sector technology sector investments announced at LEAP, the long-lasting impact of such events will significantly boost domestic technology infrastructure.

In addition, it will propel multi-vertical upskilling and talent incubation opportunities for the region’s entrepreneurs.

Similarly, the UAE’s commitment of $30 billion in catalytic capital at COP28, launched a landmark climate-focused investment vehicle. And also catalyzed global sustainability investment by driving efforts to create a fairer climate finance system. 

The foundations for the Middle East to become the test bed for innovation are very strong. The rest is up to us and it is a possible reality if we keep on collaborating in ways that are truly meaningful. 

Eugene Willemsen is the CEO for Africa, Middle East, South Asia and International Beverages at PepsiCo and Roland Daher is the CEO of business expansion platform AstroLabs.
 

Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News' point of view

UN extends peacekeeping mission between Syria, Israeli-occupied Golan Heights

UN extends peacekeeping mission between Syria, Israeli-occupied Golan Heights
Updated 12 min 31 sec ago
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UN extends peacekeeping mission between Syria, Israeli-occupied Golan Heights

UN extends peacekeeping mission between Syria, Israeli-occupied Golan Heights
  • Armed forces from Israel and Syria are not allowed in the demilitarized zone — a 400-square-km (155-square-mile) “Area of Separation” — under the ceasefire arrangement

UNITED NATIONS: The United Nations Security Council on Friday extended a long-running peacekeeping mission between Syria and the Israeli-occupied Golan Heights for six months and expressed concern that military activities in the area could escalate tensions.
Since a lightning rebel offensive ousted Syrian President Bashar Assad earlier this month, Israeli troops have moved into the demilitarised zone — created after the 1973 Arab-Israeli war — that is patrolled by the UN Disengagement Observer Force (UNDOF).
Israeli officials have described the move as a limited and temporary measure to ensure the security of Israel’s borders but have given no indication of when the troops might be withdrawn.
In the resolution adopted on Friday, the Security Council stressed “that both parties must abide by the terms of the 1974 Disengagement of Forces Agreement between Israel and the Syrian Arab Republic and scrupulously observe the ceasefire.”
It expressed concern that “the ongoing military activities conducted by any actor in the area of separation continue to have the potential to escalate tensions between Israel and the Syrian Arab Republic, jeopardize the ceasefire between the two countries, and pose a risk to the local civilian population and United Nations personnel on the ground.”
Armed forces from Israel and Syria are not allowed in the demilitarized zone — a 400-square-km (155-square-mile) “Area of Separation” — under the ceasefire arrangement.
UN Secretary-General Antonio Guterres said on Thursday: “Let me be clear: There should be no military forces in the area of separation other than UN peacekeepers – period.” He also said Israeli airstrikes on Syria were violations of the country’s sovereignty and territorial integrity and “must stop.”

 


Israeli airstrikes kill at least 25 Palestinians in Gaza, medics say

Israeli airstrikes kill at least 25 Palestinians in Gaza, medics say
Updated 21 min 4 sec ago
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Israeli airstrikes kill at least 25 Palestinians in Gaza, medics say

Israeli airstrikes kill at least 25 Palestinians in Gaza, medics say
  • Authorities in Gaza say Israel’s campaign has killed more than 45,000 Palestinians and displaced most of the population of 2.3 million

CAIRO: Israeli airstrikes killed at least 25 Palestinians in the Gaza Strip on Friday, medics said, including at least eight in an apartment in the Nuseirat refugee camp and at least 10, including seven children, in the town of Jabalia.
Mediators have yet to secure a ceasefire between Israel and the Islamist group Hamas after more than a year of conflict.
Sources close to the discussions told Reuters on Thursday that Qatar and Egypt had been able to resolve some differences between the warring parties but sticking points remained.
Israel began its assault on Gaza after Hamas-led fighters attacked Israeli communities on Oct. 7, 2023, killing 1,200 people and taking over 250 hostages, according to Israeli tallies. Israel says about 100 hostages are still being held, but it is unclear how many are alive.
Authorities in Gaza say Israel’s campaign has killed more than 45,000 Palestinians and displaced most of the population of 2.3 million. Much of the coastal enclave is in ruins.

 


US House approves bill to avert midnight shutdown, sends to Senate

US House approves bill to avert midnight shutdown, sends to Senate
Updated 23 min 28 sec ago
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US House approves bill to avert midnight shutdown, sends to Senate

US House approves bill to avert midnight shutdown, sends to Senate
  • House approves government funding bill on bipartisan basis
  • Bill now goes to Democratic-majority Senate
WASHINGTON: The Republican-controlled US House of Representatives passed legislation on Friday that would avert a midnight government shutdown, defying President-elect Donald Trump’s demand to also greenlight trillions of dollars in new debt.
The House voted 366-34 to approve the bill, the day after rejecting Trump’s debt ceiling demand.
The Democratic-controlled Senate will also need to pass the bill to advance it to President Joe Biden, who the White House said would sign it into law to ensure the US government will be funded beyond midnight (0500 GMT Saturday), when current funding expires.
The legislation would extend government funding until March 14, provide $100 billion for disaster-hit states and $10 billion for farmers. However, it would not raise the debt ceiling — a difficult task that Trump has pushed Congress to do before he takes office on Jan. 20.
A government shutdown would disrupt everything from law enforcement to national parks and suspend paychecks for millions of federal workers. A travel industry trade group warned that a shutdown could cost airlines, hotels and other companies $1 billion per week and lead to widespread disruptions during the busy Christmas season. Authorities warned that travelers could face long lines at airports.
The package resembled a bipartisan plan that was abandoned earlier this week after an online fusillade from Trump and his billionaire adviser Elon Musk, who said it contained too many unrelated provisions. Most of those elements were struck from the bill — including a provision limiting investments in China that Democrats said would conflict with Musk’s interests there.
“He clearly does not want to answer questions about how much he plans to expand his businesses in China and how many American technologies he plans to sell,” Democratic Representative Rosa DeLauro said on the House floor.
Musk, the world’s richest person, has been tasked by Trump to head a budget-cutting task force but holds no official position in Washington.
The bill also left out Trump’s demand to the nation’s debt ceiling, which was resoundingly rejected by the House — including 38 Republicans — on Thursday.
The federal government spent roughly $6.2 trillion last year and has more than $36 trillion in debt, and Congress will need to act to authorize further borrowing by the middle of next year.
Representative Steve Scalize, the No. 2 House Republican, said lawmakers had been in touch with Trump but did not say whether he supported the new plan.
Sources said the White House has alerted government agencies to prepare for an imminent shutdown. The federal government last shut down for 35 days during Trump’s first White House term over a dispute about border security.
Previous fights over the debt ceiling have spooked financial markets, as a US government default would send credit shocks around the world. The limit has been suspended under an agreement that technically expires on Jan. 1, though lawmakers likely would not have had to tackle the issue before the spring.

A Russian official says a Ukrainian strike with US-supplied missiles kills 6

A Russian official says a Ukrainian strike with US-supplied missiles kills 6
Updated 25 min 35 sec ago
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A Russian official says a Ukrainian strike with US-supplied missiles kills 6

A Russian official says a Ukrainian strike with US-supplied missiles kills 6
KYIV, Ukraine: A Ukrainian attack Friday on a town in Russia’s Kursk border region using US-supplied missiles killed six people, including a child, a senior local official said. The attack came hours after Ukrainian authorities said a Russian ballistic missile strike on Kyiv killed at least one person and wounded 13.
Moscow claimed the Kyiv strike was in response to a Ukrainian strike on Russian soil using American-made weapons earlier this week.
Ten other people in the Kursk town of Rylsk, including a 13-year-old, were hospitalized after Friday’s strike with HIMARS missiles, Kursk acting Gov. Alexander Khinshtein said. He provided no further details.
Russia is trying to push back a Ukrainian incursion into Kursk that was launched in early August, but Ukraine’s troops are dug in.
The truck-mounted HIMARS launchers fire GPS-guided missiles capable of hitting targets up to 80 kilometers (50 miles) away. The mobile launchers are hard for the enemy to spot and can quickly change position after firing to escape airstrikes.
President Joe Biden last month authorized Ukraine to use US-supplied missiles to strike deeper inside Russia, easing limitations on the longer range weapons. The move was a response to Russia deploying thousands of North Korean troops to reinforce its war effort, officials said.
Shortly before sunrise Friday, at least three loud blasts were heard in Kyiv. Ukraine’s air force said it intercepted five Iskander short-range ballistic missiles fired at the city. The attack knocked out heating to 630 residential buildings, 16 medical facilities and 30 schools and kindergartens, the city administration said. Falling missile debris caused damage and sparked fires in three districts.
“We ask citizens to immediately respond to reports of ballistic attack threats, because there is very little time to find shelter,” the air force said.
During the nearly three years since the war began, Russia has regularly bombarded civilian areas of Ukraine, often in an attempt to cripple the power grid and unnerve Ukrainians. Ukraine, struggling to hold back Russia’s bigger army on the front line, has attempted to strike Russian infrastructure supporting the country’s war effort.
The falling debris in Kyiv caused damage to around two dozen high-rise office buildings in the city center as well as the landmark Catholic Church of St. Nicholas and the Kyiv National Linguistic University.
What may have been the blast wave from an intercepted low-flying missile also blew out windows and caused other damage at six embassies, the Ukrainian Foreign Ministry said.
About five hours later, air raid sirens rang out again. Valeriia Dubova, a 32-year-old photographer, took cover with many others in a crowded subway station.
She said that in the morning attack, she sheltered at home and could feel the walls shaking. Outside, fire engines and ambulances raced down city streets, she said.
“You could see that many buildings, high-rises, were damaged, with glass shards on the ground, far from the explosion epicenter,” she said.
The Russian Defense Ministry said that the strike was in response to a Ukrainian missile attack on Russia’s Rostov border region two days earlier. That attack used six American-made Army Tactical Missile System, known as ATACMS, missiles and four Storm Shadow air-launched missiles provided by the United Kingdom, it said.
That day, Ukraine claimed to have targeted a Rostov oil refinery as part of its campaign to strike Russian infrastructure supporting the country’s war effort.
Ukraine’s use of Western-supplied weapons to strike Russia has angered the Kremlin.
At the United Nations on Friday, Russia’s UN Ambassador Vassily Nebenzia asserted that Ukrainian President Volodymyr Zelensky “is doing everything he can to undermine any peaceful initiatives and to provoke Russia into escalating the conflict.”
Ukraine fired several American-supplied longer-range missiles into Russia for the first time on Nov. 19 after Washington eased restrictions on their use.
That development prompted Russia to use a new hypersonic missile, called Oreshnik, for the first time. Russian President Vladimir Putin suggested that the missile could be used to target government buildings in Kyiv, though there have been no reports of an Oreshnik being used for a second time.
Answering the Ukrainian attack on Rostov on Wednesday, the Russian Defense Ministry said the military carried out a group strike with “high-precision, long-range weapons” on the command center of Ukraine’s military intelligence agency and another location where it said Ukraine’s Neptune missile systems are designed and produced.
The attack also targeted Ukrainian ground-based cruise missile systems and US-made Patriot air defense systems, the Russian Defense Ministry said.
“The objectives of the strike have been achieved. All objects are hit,” the ministry said in a Telegram post.
Its claims could not immediately be verified.
In other Russian attacks on civilian areas of Ukraine, six people, including a 15-year-old girl, were injured by missiles in Kryvyi Rih, regional authorities said. It was the second straight night of attacks in Zelensky’s hometown.
Also, Russian artillery shelled the southern city of Kherson Friday morning, causing widespread damage and leaving around 60,000 people without power, regional Gov. Olesksandr Prokudin said.

US says new Syria rulers helping in hunt for reporter Tice

This 2023 age-progressed photo released by the FBI Washington Field Office, shows what Austin Tice may look like in his 40s. (AP
This 2023 age-progressed photo released by the FBI Washington Field Office, shows what Austin Tice may look like in his 40s. (AP
Updated 30 min 45 sec ago
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US says new Syria rulers helping in hunt for reporter Tice

This 2023 age-progressed photo released by the FBI Washington Field Office, shows what Austin Tice may look like in his 40s. (AP
  • Tice was working for Agence France-Presse, McClatchy News, The Washington Post, CBS and other media outlets when he was detained at a checkpoint in August 2012

WASHINGTON: US officials said Friday that Syria’s new leaders had assisted in the hunt for missing journalist Austin Tice, with searches underway at sites of interest.
US diplomats, paying the first visit to Damascus since Islamist-led rebels toppled strongman Bashar Assad earlier this month, said they told the new Islamist-led authorities of their priority of finding Tice and other missing Americans.
“We feel it’s our duty as the US government to press on until we know with certainty what happened to him, where he is and to bring him home,” said Roger Carstens, the US pointman on hostages.
He said that he worked Friday with the new Syrian leadership to search a location where Tice could have been held.
“There are other locations that need to be searched in the coming days, weeks and months, and we’ll be working with the interim authorities,” Carstens told reporters after the trip.
Tice was working for Agence France-Presse, McClatchy News, The Washington Post, CBS and other media outlets when he was detained at a checkpoint in August 2012.
Carstens said that US teams were not yet authorized to operate in Syria but that he has reached out to non-governmental groups as well as journalists for assistance.
“The bottom line is that over 12 years, we’ve been able to pinpoint about six facilities that we believe have a high possibility of having had Austin Tice at one point or another,” he said.
Carstens said up to three more sites of interests have been added recently and that he hoped for thorough searches of all of them.
Tice’s mother Debra said earlier this month that she had information that her son was alive.
Carstens said that the United States was also seeking information about other Americans including Majd Kamalmaz, a Syrian-American psychotherapist believed to have died after being detained under the Assad government in 2017.