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

World Green Economy Summit to tackle global food security

World Green Economy Summit will kick off on October 6.
  • WGES will look into ways to advance the food and agricultural technology sectors
  • One of these is the Dubai Food Tech Valley, a programme launched by ruler of Dubai Al Maktoum

The seventh World Green Economy Summit (WGES), being held on October 6 and 7 at Expo 2020 Dubai, is set to tackle global food security and its role in green growth.

WGES will look into ways to advance the food and agricultural technology sectors to fulfil the circular or green economy requirements and promote the sustainable use of natural resources, particularly water, during production processes. One of these is the Dubai Food Tech Valley, a significant programme launched by vice president, prime minister and ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum, to leverage genetic engineering in agriculture along with hydroponics and vertical farming, to ensure food security for residents.

“The upcoming WGES will discuss how to promote food technology, strengthen the food value chains and capitalise on advanced technologies of the Fourth Industrial Revolution,” said Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy in Dubai, and Chairman of WGES. “This will cement the UAE’s prestigious position as a leading global food security hub based on innovation and knowledge.”