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LOCAL STAR consumption and mitigate climate change. We use an innovative paid-from-savings business model with no capital cost for customers. It's paid from the savings generated from the project, creating perfect alignment with customers, ourselves and the planet. If we don’t save, we don’t get paid. The investment is made on behalf of the customer, so their budget constraints are no longer a roadblock to save and do well. In today’s world, using energy correctly is an economic and social global priority. Energy efficiency is the most important fuel of the future and buildings around the world, and especially in the UAE, need to be energy efficient. What are your long-term goals? Our mission is to help reduce the world’s energy and carbon by 20 per cent. This can be achieved by reducing the consumption of the world’s existing building stock by 50 per cent, which is possible with today’s technology. Over this period, renewable energy will begin to replace conventional power generation technology, providing all the new energy required to power the world, creating a complete cycle of renewable energy powering highly efficient, technologically advanced buildings that feed into larger smart cities. As the cost of technologies drops, and savings increase from this technology, buildings and homes will near net zero energy consumption. What have been your major challenges? The challenges of starting a company in the UAE are huge. Launching a non-app based company, and a traditional, capital intensive company instead, makes it even harder. One of our largest hurdles though is educating and teaching customers about energy and efficiency, and how we offer a paid-from-savings model. Have you secured funding or gearing up for the first round? During the seed stage of funding, we worked very hard, were smart about spending and able to become profitable through our services and projects. This gave us time to find the right investor in 2016 when we finalised our partnership with Corys Environmental, part of the GreenCoast Enterprises family. They not only saw the value and quality of us as a company but truly understood our business of retrofitting buildings and offering financed solutions. Together with Corys, we offer 100 per cent financed projects for any budget in record time. We can approve financing for a project within two weeks, as this allows us to invest and save faster, as we can never get back lost savings. For instance, a building that can save Dhs5,000,000 per year loses over Dhs13,000 per day in waiting. Any interesting launches rolling out this year? One of the biggest and most exciting things in the next few months is our Taka AI cloud-based artificial intelligence. We are using the latest technology to analyse in real-time building performance and learn how to optimise to save, and make the building more comfortable and longer lasting using AI. 34 EQUITY
ody & soul Crystal clear water, city life and adventuorous trails awaits readers at Seychelles - turn over for inspiration. Also, prep for next season or a big trip, with a visit to the stores for the latest in gadgets and accessories 35 EQUITY
Page 1 and 2: SEPTEMBER 2017 | ISSUE 04 NICOLE KI
Page 3 and 4: Be Extraordinary. 1 EQUITY
Page 5 and 6: CALIBER RM 11-02 LE MANS CLASSIC OF
Page 7 and 8: 5 EQUITY
Page 9 and 10: From the EDITOR Your schedule is ab
Page 11 and 12: SEPTEMBER 2017 45 59 65 70 STAY OF
Page 13 and 14: CALENDAR BIJORHCA PARIS WHERE: Pari
Page 15 and 16: mind Emirati entrepreneurs Omar Al
Page 17 and 18: FINANCE Above: Salma Shaheem from T
Page 19 and 20: PHILANTHROPY PEOPLE GET INTO PHILAN
Page 21 and 22: PHILANTHROPY not lose hope while ed
Page 23 and 24: ENTREPRENEUR The PURSUIT of RECOGNI
Page 25 and 26: ENTREPRENEUR Amer Abdulaziz Khansah
Page 27 and 28: COVER STORY A MOTHER’S LOVE Award
Page 29 and 30: COVER STORY 27 EQUITY
Page 31 and 32: COVER STORY had so much loss and tr
Page 33 and 34: EDUCATION THE RIGHT CHOICE FOR YOUR
Page 35: LOCAL STAR #SUPPORTLOCAL Discover t
Page 39 and 40: THE ETERNAL MOVEMENT Ulysse Nardin,
Page 41 and 42: TRENDS NOSTALGIA IN A BOTTLE Fragra
Page 43 and 44: 41 EQUITY
Page 45 and 46: GROOMING Need to know: The full col
Page 47 and 48: COLLECTOR'S PIECES ON OUR RADAR Str
Page 49 and 50: COLLECTOR'S PIECES TIMEPIECE Graff
Page 51 and 52: Riese & Müller DELITE GT SIGNATURE
Page 53 and 54: COLLECTOR'S PIECE There’s plenty
Page 55 and 56: COLLECTOR'S PIECE most of the fleet
Page 57 and 58: EID GIFT SCRUMPTIOUS TREAT Fine ind
Page 59 and 60: GASTRONOMY THE GATSBY BRUNCH 2 BAZX
Page 61 and 62: TRAVEL PARADISE BECKONS Seychelles
Page 63 and 64: TRAVEL island for over hundred year
Page 65 and 66: TRAVEL TALES JETSETTER JOURNEYS Exp
Page 67 and 68: HOTEL REVIEW STAY OF THE MONTH An a
Page 69 and 70: HOTEL REVIEW EAT Walk into any Shan
Page 71 and 72: Live the best... forget the rest 4-
Page 73 and 74: REAL ESTATE Richard Friedman, CEO o
Page 75 and 76: THE HOME OF PRIVATE AVIATION AT THE

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