Search Site

Trends banner

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

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.