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?? These are the stories shaping tomorrow’s world. ?? Don't miss out,?sign up to Future Beat from The National News with Kelsey Warner.??

Hi there. The 90s are back.

I'm talking about a renewed focus on the circular economy, a concept popularised at the end of the last century to balance rapid economic growth with a more efficient use of resources. A couple of decades later, it is one of those ideas whose time has come as economies look to deliver on net-zero climate pledges.

This week the UAE approved?22 new policies aimed at accelerating the country's transition to a circular economy, as part of its push towards sustainable economic development. The UAE Circular Economy Council's policies will focus on four main sectors: manufacturing, food, infrastructure and transport.

Eid Mubarak for those who are celebrating.

Be well.

Kelsey Warner, Future Editor

The Big Story

The UAE zeros in on tech companies in FDI push

In brief?| The UAE is offering incentives to attract hundreds of technology companies to set up in the country as part of a programme to draw more foreign direct investment (FDI) and position itself as a global tech centre. Under the first phase of the NextGenFDI initiative, the Emirates aims to attract 300 digital companies within the next year with a focus on those led by software developers, data scientists and digital asset entrepreneurs. Incentives include a faster business set-up process, better access to finance, easier visa procedures and attractive property leasing terms.

Quoted?| “We are moving from a regional hub to a global hub, we are competing with the big boys now."

- Dr Thani Al Zeyoudi, Minister of State for Foreign Trade

Why it matters?| The UAE wants to be in the top 10 countries globally for FDI. That goal is not far off: in 2022 it was ranked first in the Arab world and 19th globally, according to the UN Conference on Trade and Development. To achieve its aim, the country is looking to send the message "to companies from Europe, Asia and the Americas that the UAE is the world's best place to live, work, invest and scale", Dr Al Zeyoudi said.

Future in Focus

Powered up?| The Large Hadron Collider is?back on and ushering in a new era of discovery?after a three-year break for maintenance, as the world’s leading physicists look to tackle unsolved mysteries about the origins of the universe.

Next-gen Mosul?| Young entrepreneurs are turning away from government jobs in Mosul five years after military operations to claw the northern Iraqi city back from ISIS control came to an end.?From a start-up hub called The Station, city revival is taking the form of new business ventures in tech.

Practice patients?| Medical students at Cambridge University are?using holographic models of patients to train, making teaching and learning accessible in the mixed-reality environment from anywhere in the world.

Predicting the future | Signal or noise??Samsung tempered investor?fears about the chip shortage?with its better-than-expected second quarter earnings report.

This is a signal.?The semiconductor, aka "chip", is the basic building block of our connected world. The pandemic-related supply chain crunch hit chips hard, leaving industries from automotive to consumer electronics vulnerable. Samsung's latest earnings report, and a US-EU agreement on semiconductor investment announced in May, means global suppliers may be leaving the worst of the shortage behind.

In Case You Missed It

Scientists have warned that?space tourism will do more climate damage?than aviation.

Music streaming service?Anghami acquired Dubai-based Spotlight?to use virtual and augmented reality to deliver content to a bigger audience.

And?a Tesla Model S hit its fastest recorded speed?after its software restrictions were hacked.