INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

EGA begins planting 10,000 mangroves in Jebel Ali Wildlife Sanctuary

     

    • It has partnered with the UAE-based Storey Group’s One Billion Tree-Planting Initiative for this

    • Mangroves, which grow in tidal areas of the coast, are an important native tree species in the UAE

    The Emirates Global Aluminum, in partnership with the UAE-based Storey Group’s One Billion Tree-Planting Initiative, began on Tuesday, June 15, began planting 10,000 mangroves at the Jebel Ali Wildlife Sanctuary, said local reports.

    Mangroves, which grow in tidal areas of the coast, are an important native tree species in the UAE, said the reports.

    Scientific studies also say mangroves are four times more efficient than any other kinds of tropical forests in processing and reducing greenhouse gases.

    The trees also protect coastal areas from erosion and contribute to the sustainability of coastal ecosystems.

    EGA and the One Billion Tree-Planting Initiative have engaged experts from the Emirates Marine Environmental Group, Dubai’s oldest NGO, to plant the mangrove saplings to ensure the young trees will thrive.

    The initiative is a global campaign spearheaded by the UAE to plant 1 billion trees around the world by the end of 2025, improving lives and livelihoods whilst also helping tackle climate change.

    One feature of the campaign, delivered in partnership with EcoMatcher, a Hong Kong-based benefit or “B” corporation, is its use of blockchain technology to track tree-planting accurately and transparently and to measure carbon sequestration achieved.

    The One Billion Tree-Planting Initiative aims to reach 21 countries by the end of this year and individuals can play a part alongside companies and other organizations.