Dubai-based company launches $2.7 million fund to nurture Global Grad Show innovators

Updated 11 November 2019

Dubai-based company launches $2.7 million fund to nurture Global Grad Show innovators

  • The new initiative aims to provide international creatives with support and financial encouragement
  • The winning projects will be selected by a community of senior executives from diverse industries

DUBAI: UAE-based conglomerate A.R.M. Holding has joined forces with Dubai Design Week’s Global Grad Show (GGS), to establish a 10-year-fund of $2.7 million to back and nurture start-ups conceived by graduate talent from across the globe.  

“The fund is very important for us because we would like to empower students from all over the world,” Mohammad Al-Shehhi, chief executive officer of A.R.M Holding, told Arab News. “We want to invest in the most creative ideas from the best universities around the world.”

As the former COO and then CEO of Dubai Design District (d3), Al-Shehhi had the chance to see first-hand the wealth of talent showcased by the GGS — an annual showcase of student-designed innovations from around the world.

A strong advocate of young talent, Al-Shehhi’s new initiative aims to provide international creatives with the support and financial encouragement they require while simultaneously supporting the ecosystem of start-ups and bolstering the level of talent flowing into the country and region. 




"Shelters for extended families" by Dina Samara from the American University of Sharjah. (Photo: Global Grad Show)

“Through the fund, we are looking to bring inventions and ideas to life in Dubai by enabling students to develop their projects for the region,” Al-Shehhi said.

The winning projects will be selected by a community of senior executives from diverse industries that were hand-picked by Al-Shehhi to represent the conglomerate. “We will make sure that we choose projects from a number of different industries, including health care, technology and sustainability,” he explained of the jury’s selection process.

Taking place annually during Dubai Design Week, the Global Grad showcases student-designed innovations from more than 100 universities around the world. “The Global Grad Show combines some of the most brilliant students from top universities across the globe under one roof,” Al-Shehhi added.

“Most great ideas that we see today in the market, including Facebook, they all began as small start-ups in universities,” he mused, “So you never know, the next big entrepreneur could be one of our winners.” 


Models Gigi, Bella Hadid walk designer Gaultier’s last fashion show

Jean-Paul Gaultier took his final bow of a 50-year career in the industry at the Paris Fashion Week. (AFP)
Updated 17 min 22 sec ago

Models Gigi, Bella Hadid walk designer Gaultier’s last fashion show

  • Part-Palestinian sisters Gigi and Bella Hadid were among the big names walking his last haute couture runway, the models wearing Gaultier’s latest designs from his Spring 2020 collection

DUBAI: French designer Jean-Paul Gaultier on Wednesday took his final bow of a 50-year career in the industry at the Paris Couture Week.

Part-Palestinian sisters Gigi and Bella Hadid were among the big names walking his last haute couture runway, the models wearing Gaultier’s latest designs from his Spring 2020 collection.

Gigi was dressed in a sailor’s outfit featuring a striped bodysuit with white wide-leg trousers and sailor hat. (AFP)

Gigi was dressed in a sailor’s outfit featuring a striped bodysuit with white wide-leg trousers and sailor hat.

Bella wore a strapless peacock-like black dress which the stylists paired with boots and gloves.

Bella wore a strapless peacock-like black dress which the stylists paired with boots and gloves. (AFP)

Gaultier shared a video on his Instagram this week inviting his followers to attend the show and celebrate the end of his half-century career with him. “It is going to be a party with my friends, and we are going to have fun until very, very late.”

He then went on to announce his farewell. “Now I am going to share something with you. This will be my last haute couture show. Be there! You can’t miss this,” he said. “However, stay tuned, Gaultier Paris will go on. The haute couture continues. I have a new concept and I will tell you about it later.”