UAE’s non-oil sector growth will bring momentum to Dubai property market
sustainable development
ADNOC
ADNOC acquires 24.9 percent stake in OMV, a Global 500 company
Financial details not disclosed, but the Vienna-headquartered company has nearly $35 billion annual revenue, and a majority stake in Borealis and Borouge
climate action
OPEC Fund approves $500 million in new financing deals
The 15 new projects approved for the quarter also reflected the Fund’s launch of a $1 billion food security action plan and the adoption of its first dedicated climate action plan earlier this year
future city
How NEOM is preserving and enhancing Saudi Arabia’s natural capital
Saudi Arabia and the futuristic city of NEOM will play a key role in the battle against climate change
carbon neutral
Carbon neutrality is only possible if we work together
With COP27 in the rear view mirror, it’s time to focus on achieving carbon neutrality
ADNOC
Mubadala, ADNOC, TAQA complete landmark transaction for stake in Masdar
New Masdar to play central role in delivering the UAE’s Net Zero by 2050 Strategic Initiative
Brand View
Sustainability and technology: Common themes between Northern Ireland and the Middle East
Northern Ireland may seem a long distance from the desert sands and soaring skyscrapers of the Middle East. Yet, the region is also at an inflection point in both its sustainability and technology sectors
carbon emissions
Ahead of G20 meet, Indonesian group organises $30 billion for UN SDGs
The group supports incubation of more than 20 projects that will catalyse over $30 billion investment into clean energy, avoided deforestation, ecosystem restoration, marine protection, circular waste management and human health
Artificial intelligence
The key to sustainable real estate transformation
Sanjeevv Bhatia, CEO of Netix.ai, a smart cities solutions provider, sheds light on the business case for sustainable transformation in buildings, incentive programmes, and achievable outcomes, particularly in the context of the Middle East
Abu Dhabi
Abu Dhabi-based NGO Global Mission sets up $17 billion fund to support UN sustainable development goals
The fund is an initiative by the Mission on the occasion of the 50th anniversary of the establishment of the UAE
Diamond Developers
Sharjah Sustainable City commences handing over of villas in phase 1
As part of the net-zero design, the city features renewable energy from solar PVC panels which aim to half electricity and water bills, recycling 100 percent of wastewater for irrigation of landscaped areas and vegetables and leafy greens cultivation in bio-domes on site
climate change
Green investments are critical for long-term economic growth
Investing in green growth can be both sustainable and profitable
construction activities
Trakhees issues ‘Green Building’ certificates to 32 projects in Dubai Special Development Zones
Trakhees to continue its efforts to facilitate and enhance the sustainable competitiveness of Dubai by applying the ‘Green Building Regulations’
carbon emissions
Can the circular economy be the paradigm shift businesses need to address climate change?
If we want to make transformational changes, we must first acknowledge that we cannot solve the new challenges climate change poses with old paradigms
ESG
The UAE is a jurisdiction of choice
The UAE enshrines matters of sustainable development in all its forms in to robust laws and regulations
Bahrain
GFH Financial Group’s Infracorp reports net profit of $6.2 million in the first three months of 2022
Making its first financial disclosure since its launch earlier this year, Infracorp has reported that it currently has $3 billion in assets under management
carbon emissions
UAE President Sheikh Mohamed bin Zayed picks Expo City Dubai as venue for 2023 COP28 summit
The COP28 conference is expected to host more than 45,000 participants per day, including heads of state, government officials, international industry leaders, private sector representatives, academicians, experts, and representatives of civil society organisations