Search Site

Trends banner

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

DEWA, RTA ink deal to sponsor Green Economy Summit

The World Green Economy Summit was launched in 2014 to promote green economy. (WAM)
  • RTA will be the Platinum Sponsor of the World Green Economy Summit for three sessions from 2023-2025.
  • The World Green Economy Summit plays a fundamental role in supporting the UAE’s outstanding efforts in climate action, said DEWA chief.

Dubai, UAE – Dubai Electricity and Water Authority (DEWA) has signed a sponsorship agreement with the Roads and Transport Authority in Dubai (RTA), allowing RTA to be the Platinum Sponsor of the World Green Economy Summit (WGES) for three sessions from 2023 to 2025.

The Summit is organized by the World Green Economy Organization (WGEO), DEWA, and the Dubai Supreme Council of Energy.

The move supports the shared vision of DEWA and RTA to support the transition to a green economy and consolidate Dubai’s position as a global platform for sustainability, WAM reported.

Saeed Mohammed Al Tayer, MD & CEO of DEWA and Chairman of the WGEO; and Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA signed the agreements.

Al Tayer said, “The World Green Economy Summit plays a fundamental role in supporting the UAE’s outstanding efforts in climate action, as well as supporting its firm commitment to sustainability, unwavering support for energy and climate change issues, and the development of sustainable solutions to environmental challenges.”

He said that since its launch in 2014, WGES galvanized efforts to promote green economy and supported cooperation to face challenges, promote sustainable development and investments in the green economy, encourage adoption of effective policies, plans, and initiatives in this area, and discuss issues like climate change and global warming.