• The Association of Arab Universities supervises the administration of the award, which is awarded to five students

Dubai: Yousef bin Saeed Lootah Investment Group and the Association of Arab Universities announced the launch of the Yousef bin Saeed Lootah Award for Young Scientists in Green Chemistry and Circular Economy.

The award was established to support and encourage young talents at an early stage of their careers, while promoting research, education and cooperation in science, engineering and technology in order to support their effective contributions in scientific fields that promote sustainable economic and social development.

The Yousef bin Saeed Lootah Award for Young Scientists aims to stimulate research, education and international cooperation in the fields of green chemistry and circular economy, and to recognize the achievements of young scientists and how their research, ideas and innovations impact social and economic transformation and sustainable development, encourage and support young scientists and researchers, and increase young people’s interest in science.

The award, supervised by the Association of Arab Universities, is granted once every two years to five winners who are students at one of the Arab universities that are members of the Union or recent graduates from these universities. The branches of the award, whose value is 250 thousand UAE dirhams (a quarter of a million dirhams), include circular economy, sustainability and renewable energy.

Yousef bin Saeed Lootah Investment Group operates in various sectors such as industry, agriculture, energy, education and trade, and includes under its umbrella several leading companies such as Lootah Biofuel Company, a pioneer in the circular economy through the production of biofuel from used cooking oils, and the Applied Experience Institute, which specializes in rehabilitating... Training young people to bridge the gap between academic knowledge and labor market requirements.

The Union of Arab Universities, which was established at the initiative of the Cultural Administration of the League of Arab States, supports and coordinates the efforts of Arab universities to prepare people capable of serving their nation and develop human resources in a way that achieves their aspirations through the Union’s multiple tasks, including supporting the conduct of joint scientific research, exchanging its results, and caring for applied research. And coordinating the efforts of Arab universities among themselves and with relevant regional and international universities and institutions, to keep pace with the developments of the times and modern educational techniques and patterns.

His Excellency Professor Dr. Amr Ezzat Salama, Secretary General of the Association of Arab Universities, said: “This initiative by Yousef bin Saeed Lootah Investment Group expresses the sense of social responsibility and cooperation between different institutions in Arab countries, stressing the importance of cooperation between distinguished economic, academic and scientific institutions in order to achieve excellence.” ».

He expressed his sincere appreciation and gratitude to the Yousef Bin Saeed Lootah Group and its role in encouraging young scientists, which contributes to advancing the wheel of development, progress and growth, hoping that it will set an example for all economic institutions and companies in supporting science, scientists and scientific research in order to enhance the process of sustainable economic and social development, as well as He expressed his appreciation to the Ministry of Education in the UAE for sponsoring the award.

Mr. Yousef bin Saeed Lootah, Chairman of the Board of Directors of Yousef bin Saeed Lootah Investment Group, said: “We are proud to launch this award to support young scientists in the fields of green chemistry and the circular economy, as it constitutes the best way to stimulate sustainable development and achieve our aspirations for a better future for us and humanity in general.

This award comes as an extension of the values established by the late Hajj Saeed bin Ahmed Lootah, who was considered one of the pioneering businessmen who was keen on supporting educational projects and qualifying talents. The Saeed bin Ahmed Lootah Charitable Foundation established an educational institution for orphans in 1982 and the Islamic Educational Foundation in 1983. And Dubai Medical College for Girls in 1986 and Dubai College of Pharmacy in 1992, in addition to supporting a group of research and education projects and other community initiatives.”

Mr. Yousef bin Saeed Lootah stressed that “the group is keen to develop youth skills and develop research and science that contribute to enhancing the transition towards renewable energy and the circular economy,” pointing to the role of the Applied Experience Institute and Lootah Biofuels Company, which is a pioneer in the circular economy through the production of biofuels from oils. Cooking used, in providing many training and qualification opportunities for young people and researchers to contribute to the development of sustainable and innovative solutions to meet energy requirements, and the use of clean alternatives in line with the UAE’s strategies for sustainable development, energy, climate neutrality, and the circular economy.”

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About Lootah Biofuels

Lootah Biofuels Company was established in 2010 in Dubai to meet the growing demand for alternative fuels in the region, in line with the UAE’s vision for sustainable development. Lootah Biofuels Company aims to provide and innovate sustainable solutions to energy requirements in the long term, through growth Rapidly increasing production capacity, enhancing distribution channels, and redefining the quality of biodiesel, Lootah Biofuels will continue to expand access to sustainable and environmentally friendly biofuels .

For inquiries:

Salah Al Tamimi - - salah@blueappleco.com

© Press Release 2023