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Mohammad Albalooshi

👤 Person
153 total appearances

Appearances Over Time

Podcast Appearances

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So I think there's been multiple announcements in terms of our expansion plans to be able to cater to the demand. And as mentioned earlier, we're very bullish on the sector. We believe this will create a lot of growth for us. And growth for us is mainly companies that are successful and create a lot of jobs. And in return, of course, has a ripple effect on the GDP.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So I think there's been multiple announcements in terms of our expansion plans to be able to cater to the demand. And as mentioned earlier, we're very bullish on the sector. We believe this will create a lot of growth for us. And growth for us is mainly companies that are successful and create a lot of jobs. And in return, of course, has a ripple effect on the GDP.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So I think there's been multiple announcements in terms of our expansion plans to be able to cater to the demand. And as mentioned earlier, we're very bullish on the sector. We believe this will create a lot of growth for us. And growth for us is mainly companies that are successful and create a lot of jobs. And in return, of course, has a ripple effect on the GDP.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

We, of course, have announced that the innovation ecosystem will grow significantly. We just moved into innovation one, and that is additional space of 200,000 square feet. And we further announced the IFC innovation two, which is even more space that should be ready sometime in 26, just to be able to cater to the demand that is coming.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

We, of course, have announced that the innovation ecosystem will grow significantly. We just moved into innovation one, and that is additional space of 200,000 square feet. And we further announced the IFC innovation two, which is even more space that should be ready sometime in 26, just to be able to cater to the demand that is coming.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

We, of course, have announced that the innovation ecosystem will grow significantly. We just moved into innovation one, and that is additional space of 200,000 square feet. And we further announced the IFC innovation two, which is even more space that should be ready sometime in 26, just to be able to cater to the demand that is coming.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

And I think on the AI side, we have announced that by 28, we should have a dedicated campus, which will have more than 100,000 square feet, which will be a facility of 100,000 square feet. And it will be home to more than 500 companies. Definitely, there is more investment going into the community. We want to make sure that we're catering to the demand and the growth of these companies.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

And I think on the AI side, we have announced that by 28, we should have a dedicated campus, which will have more than 100,000 square feet, which will be a facility of 100,000 square feet. And it will be home to more than 500 companies. Definitely, there is more investment going into the community. We want to make sure that we're catering to the demand and the growth of these companies.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

And I think on the AI side, we have announced that by 28, we should have a dedicated campus, which will have more than 100,000 square feet, which will be a facility of 100,000 square feet. And it will be home to more than 500 companies. Definitely, there is more investment going into the community. We want to make sure that we're catering to the demand and the growth of these companies.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

But at the same time, we're looking at further enriching the community. So we continuously look at what else can be done to support the growth of startups. How can we try and bring in venture studios into the mix? How can we try and bring family offices into the mix and other corporates as well who could come and partner and help these startups scale?

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

But at the same time, we're looking at further enriching the community. So we continuously look at what else can be done to support the growth of startups. How can we try and bring in venture studios into the mix? How can we try and bring family offices into the mix and other corporates as well who could come and partner and help these startups scale?

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

But at the same time, we're looking at further enriching the community. So we continuously look at what else can be done to support the growth of startups. How can we try and bring in venture studios into the mix? How can we try and bring family offices into the mix and other corporates as well who could come and partner and help these startups scale?

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

Honestly, we've been running programs for almost seven, eight years now. Initially, a lot of the programs were focused on fintech, which continue to run. We, of course, do serve a lot of the financial institutions. But recently with AI, we're working with one of our telcos, for example, Do, that is looking at AI for SMEs. So how can AI enable small and medium enterprises?

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

Honestly, we've been running programs for almost seven, eight years now. Initially, a lot of the programs were focused on fintech, which continue to run. We, of course, do serve a lot of the financial institutions. But recently with AI, we're working with one of our telcos, for example, Do, that is looking at AI for SMEs. So how can AI enable small and medium enterprises?

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

Honestly, we've been running programs for almost seven, eight years now. Initially, a lot of the programs were focused on fintech, which continue to run. We, of course, do serve a lot of the financial institutions. But recently with AI, we're working with one of our telcos, for example, Do, that is looking at AI for SMEs. So how can AI enable small and medium enterprises?

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

We have a program with Ripple. It's called Ripple XRPL Scale-Up Accelerator Program. Another interesting one is we're doing a global AI challenge with Dubai Civil Defense, where actually we're looking at using AI for fire prediction. And then, of course, we do some programs cross-border as well. We do some programs that are for specific use cases within financial institutions.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

We have a program with Ripple. It's called Ripple XRPL Scale-Up Accelerator Program. Another interesting one is we're doing a global AI challenge with Dubai Civil Defense, where actually we're looking at using AI for fire prediction. And then, of course, we do some programs cross-border as well. We do some programs that are for specific use cases within financial institutions.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

We have a program with Ripple. It's called Ripple XRPL Scale-Up Accelerator Program. Another interesting one is we're doing a global AI challenge with Dubai Civil Defense, where actually we're looking at using AI for fire prediction. And then, of course, we do some programs cross-border as well. We do some programs that are for specific use cases within financial institutions.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So there's a number of programs. I think another thing that we try to do is we don't want to just run our own programs. We also want to make sure that there are other players that run programs. So, for example, we have Antler based in the Innovation Hub as well that runs a lot of programs from the DIFC Innovation Hub.

Code Story: Insights from Startup Tech Leaders
Minting Unicorns - Blockchain, AI and Dubai, with Mohammad Albalooshi, CEO, DIFC Innovation Hub

So there's a number of programs. I think another thing that we try to do is we don't want to just run our own programs. We also want to make sure that there are other players that run programs. So, for example, we have Antler based in the Innovation Hub as well that runs a lot of programs from the DIFC Innovation Hub.