INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Dubai gears up for World Green Economy Summit in October

     

    • It will be held on October 6 and 7 this year at the Expo 2020 Dubai

    • This WGES is expected to have a broader scale as it is being held in conjunction with the expo

    Dubai is gearing up for the seventh edition of the World Green Economy Summit, which will be held on October 6 and 7 this year at the Expo 2020 Dubai, said local reports.

    The summit is organized by Dubai Electricity and Water Authority and the World Green Economy Organization in collaboration with the Dubai Supreme Council of Energy and the UN Development program, under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai.

    This WGES is expected to have a broader scale as it is being held in conjunction with the Expo 2020 Dubai.

    Started in 2014, each year the event wraps up by issuing the Dubai Declaration, which includes the participants’ recommendations, the summit’s conclusions, and its milestones and activities.

    The summit “also supports the UAE’s efforts to achieve the UN Sustainable Development Goals 2030, the Emirates Green Agenda 2030, and the Dubai Energy Strategy 2050,” said Saeed Mohammed Al Tayer, vice-chairman of the DSCE, and chairman of WGES.

    The World Green Economy Organization and the UAE Ministry of Climate Change and Environment will also host the MENA Climate Week 2022 in collaboration with the UN Development Program, the UN Environment Program, UN Climate Change, United Nations Framework Convention on Climate Change, and the World Bank Group on March 2 and 3 next year.

    Organized on the sidelines of Expo 2020 Dubai, the event is expected to highlight the urgency of addressing climate change and current global development challenges.

    The MENA Climate Week will convene leaders from the government, private sector, and civil society to discuss the serious threat of climate change, and collaborate on swift, bold actions to address this challenge, said local reports.

    The event will apparently also offer a wealth of opportunities for collaboration and showcase ground-breaking technologies that can help the region adapt to climate change.

    Stakeholders will reportedly have the opportunity to reflect and revise their country’s climate action plans to effectively address societal, environmental, and economic impacts. Participants will also be able to follow up on the discussions raised during the 26th Climate Change Conference in November 2021 in Glasgow in the UK, said the reports.