sustainability
Your Tech Curated Visit to the UAE
The direct contribution of the travel and tourism sector to the UAE’s GDP was AED 68.5 billion (US $18.7 billion) in 2016, little over five per cent of the total GDP. It is forecasted to grow to over US$31 billion in 2027, as figures published by the World Travel and Tourism Council (WTTC) reveal. As […]
Sir Bu Nair – The Conservation of The Rare Pearl of Sharjah
Committed to conserving the nation’s natural heritage the Environment and Protected Areas Authority (EPAA), the Emirates Marine Environmental Group (EMEG) and Emirates Nature in association with the World Wide Fund for Nature (Emirates Nature-WWF), announced a groundbreaking partnership which will see the three entities working together to support the conservation management of Sharjah’s Sir Bu […]
Wadi Wurayah – UAE’s Biosphere Reserve
In July 2018, Wadi Wurayah in Fujairah was designated a ‘Biosphere Reserve’ by the United Nations Educational, Scientific and Cultural Organisation (Unesco). The prestigious accolade is awarded for protected areas that demonstrate a balanced relationship between people and nature and promote sustainable development. Biosphere Reserves are areas comprising terrestrial, marine and coastal ecosystems. Each reserve […]
Green Financial Support for Green Drivers
Strong Local Commitment The Middle East, and especially the UAE – which aims to reduce carbon emissions by 2020 – are active early adopters of EVs. Dubai will spend millions of dirhams on incentives to have 42,000 EVs on its streets by 2030. Agencies across the board are supporting the transition to EVs, such […]
Youth Hub Hosts Roadshow for Corporate Finance Woman of the Year Award
EY and its corresponding Youth Council, developed with the support of the UAE Youth Council, kicked off its second annual Corporate Finance Woman of the Year (CFWY) competition in the United Arab Emirates in December 2018. The initiative encourages Emirati women to pursue careers in the private sector, particularly within transaction services and corporate […]
e-UAE
In 2018, online shoppers represented 62 per cent of the population in the UAE. As e-commerce is being driven by young consumers, fast adaptation from big companies and governmental focus on transitioning to the digital economy, it is becoming a hard-to-ignore topic for businesses who wish to remain relevant. According to the United Nations Conference […]
Sustainable Finance – The Why & The What (Part 2)
by Jaison John, Partner, Avia Management As mentioned in the earlier article, the 2 most common aspects of sustainable finance are that they have: a long-term view to create a lasting impact an interrelationship between environmental, social, and governance (ESG) issues and financial issues such as financing, lending, and investment decisions A brief overview of […]
Sustainable Finance – The Why & The What (Part 1)
by Jaison John, Partner, Avia Management Although financial products have existed since the 1970s, socially responsible investing is evolving and has witnessed some landmark changes in the last 3 – 5 years. Many firms have been using terms such as SRI, ESG, and Impact investing interchangeably, but in practice, they are quite different. Having a […]
Digital-savvy consumers
In 2018’s edition of IMD World Digital Competitiveness Ranking 2018 released in June 2018, the UAE moved up one place in the overall list, from the 18th to the 17th place, ahead of developed economies such as Germany, New Zealand, Ireland, France and Japan. UAE remained the top nation in digital competitiveness within the Middle East. According […]
ACWA Power signs strategic agreements with three Chinese entities during the second Belt and Road Forum
ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants has signed strategic agreements with three renowned Chinese entities on the sidelines of the second Belt and Road Forum for International Cooperation (BRF). The agreements with PowerChina, China Gezhouba Group Company (CGGC) and Bank of China will lay the ground […]
