Abu Dhabi Distribution Company Signs a Memorandum of Understanding with LuLu International Group
Abu Dhabi Distribution Company Signs a Memorandum of Understanding with LuLu International Group
Abu Dhabi Distribution Company (ADDC) – a subsidiary of Abu Dhabi Power Corporation (ADPower) – announced that has signed a Memorandum of Understanding (MoU) with LuLu International Group. The MoU will enable ADDC’s demand-side management program, Tarsheed, to implement its ‘Green Corner’ initiative in Lulu stores in an effort to attract store customers to energy-efficient […]
Green Jobs and One Economy Pillar: Sustainability
Today we still hear people who speak about the traditional three pillars of sustainability encompassing environmental friendliness, socially acceptability and economically viability. Does this definition still make sense in today’s economy? The significance of the other two pillars need to be reevaluated in today’s economy taking into account the overall costs that non-sustainable practices involve. […]
Creating International and Long-Lasting Impact
The Green Bond designed to operate under the FAB Green Bond Framework has been specifically designed to be used for climate and environmental projects. A green bond – or climate bond – is a bond specifically designed to be used for climate and environmental projects. According to First Abu Dhabi Bank (FAB), at the end […]
Dubai Exports Enables 5000 Female Entrepreneurs Access to the Marketplace
Dubai Exports joined forces with the International Trade Commission and UPS to launch SheTrades MENA, a regional initiative as part of a global platform enabling female entrepreneurs. Dubai Exports joined forces with the International Trade Commission and UPS to launch SheTrades MENA, a regional initiative as part of a global platform enabling female entrepreneurs to […]
UAE – Regional and Global Pioneer in Green Investments
Innovation and green investments are used by UAE-based companies to establish green projects regionally and globally. During the Global Green Growth Institute (GGGI)’s Assembly and Council, held in Seoul in November 2018, HE Dr Thani Bin Ahmad Al Zeyoudi, Minister of Climate Change and Environment, said the UAE will contribute US$1.5 million annually from 2019 […]
Real Estate Self Transaction Disrupts the Real Estate Industry
As part of the 10X Initiative, Dubai Land Department launched the digital platform, Real Estate Self Transaction, REST, enabling customers to manage all transactions related to real estate online. In 2018, as part of its participation in the 10X Initiative, Dubai Land Department launched Real Estate Self Transaction “REST”, a platform for conducting real estate […]
UAE’s Legislative Lab – World Premiere
HE Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future, announced the launch of the world’s first Legislative Lab, during the Annual Meeting of the Global Future Councils. During 2018’s Annual Meeting of the Global Future Councils, organised by the UAE Government and the World Economic Forum, HE Mohammad Abdullah Al Gergawi, Minister […]
Sustainability is the New Cryptocurrency
The Bitcoin technology has disrupted our view on money, but can it also truly change our approach to being sustainable? The “Rebound Effect” is a term used for explaining challenges in determining energy savings from efficiency. The effect has two components. The “direct rebound” is the percentage of energy savings from efficiency that are offset […]
The Rising Green Interest of China in the Middle East
China is exporting their ambitious plans for clean energy across the continent and especially in the Middle East. Strategic partnerships, as well as staggering investments, are cementing the road for China to become the clean energy superpower of the world. Focus on Green Energy China is a paradox, from many points of view. The energy […]
The Opportunities of Green Bonds and Green Sukuk
Issuance of green sukuk is scarce, but factors such as rising demand of energy, changing mix of energy and need for investment in infrastructure can drive the popularity of this financial product. The Confirmation that Green Financing Works According to the World Economic Forum, green bonds can be an effective tool in managing climate risks, […]