• WTO reforms essential to meet global challenges

    “Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a wide range of fields like climate change, education, science and technology, outer space, and defense, under the ‘Comprehensive Strategic Partnership Initiative’. Such cooperation could expand in the field of international...
  • ‘Mainstream sustainability for a net-zero future’

    “As the UAE gears up to host COP28, it's crucial to involve all partners in hastening climate action, both locally and globally. Our objective is to mainstream sustainability. We're convinced that if we can make intricate climate change issues relatable worldwide, we can undoubtedly fulfill the Paris Agreement's objectives,” she...
  • Ras Al Khaimah’s first organic fertilizer project to cost $20m

    Ras Al Khaimah, UAE - Ras Al Khaimah’s is building its first organic soil fertilizer project at a cost of $20 million. Being built by Uterra Middle East Agro Industries, the project aims to transform agriculture, address environmental challenges and promote sustainability A part of a multi-national UniPax Investment Group,...
  • Automation revolutionizes financial business models

    The financial services sector is witnessing transformative changes, driven by rising demands for personalized services and the integration of cutting-edge technologies.
  • Project reuse helps UAE boost sustainability drive

    Amid UAE's urban expansion, there's a wealth of structures across the country ripe for revitalization, significantly offsetting the environmental impact of new developments.
  • RSG gets Mostadam Diamond Certification

    The accolade recognizes RSG's commitment to sustainability.
  • UAE and Africa strengthen carbon market collaboration

    "Our collaboration with the Africa Carbon Markets Initiative provides carbon market buyers in the UAE and wider region with access to high-quality carbon credits in Africa. This does not only help to unlock Africa’s carbon credit generation potential, but also supports sustainable investment opportunities and long-term climate impact," she adds.
  • Dubai’s realty builds on innovation and sustainability

    Dubai's skyline epitomizes modern development, with its appeal bolstered by strong property management and developers capitalizing on increasing sales.
  • Celebrating their success, UAE observes women’s day

    Women entrepreneurs in the UAE succeed in breaking the barriers, distinguishing themselves in diverse fields, enabled along the way by the country's women-empowerment legislation.
  • Dubai Chambers saves water, works on sustainability agenda

    DUBAI, UAE - Dubai Chambers has contributed to the emirate’s drive for sustainability by saving a total of 72,239 litres of water between June 2022 and June 2023, equivalent to 3,822 five-gallon bottles. The savings were achieved as part of the chambers’ participation in ‘Dubai Can’, a sustainability initiative launched...
  • Under UAE Presidency, COP28 will lead global efforts to protect the planet, safeguard future generations

    "The UAE possesses essential capabilities such as modern infrastructure, a commendable track record in sustainability and environmental conservation, recognition as a successful convener of global events, and deep-rooted relations with other countries," he adds while reviewing the preparations to host COP28 in the country later this year.
  • Five skills workers require in real estate

    Saudi Arabia’s real estate sector is evolving with new regulations, creating fresh job opportunities. The latest initiatives seek to enhance the sector’s GDP contribution while fostering job and investment prospects.
  • Ceer and Siemens deal to boost EV in Saudi Arabia

    Riyadh-based Ceer is collaborating with Siemens Digital Industries Software to accelerate Ceer’s digital transformation and empower its engineers to design and build truly next-generation vehicles.
  • UAE takes lead in advancing global climate action

    Through the COP28 Summit, the UAE aims to facilitate discussions, build consensus, and catalyze transformative actions to address the escalating global climate crisis.
  • Youth play crucial role in building sustainable future

    "The UAE is committed to a sustainable future, and we believe that our youth are the key to achieving this goal. By empowering young people with green skills, we can help them shape the energy landscape for the future and build a more sustainable world for all," adds Al Marar.
  • Middle East makes mark in Global Soft Power Index

    TRENDS Infographics explores prominent Arab nations in the latest Global Soft Power Index, with the UAE leading the way by entering the top 10, a first for the Middle East.
  • Saudi Arabia aims for 30% marine reserves by 2030

    Dr Faqeeha commends the G20's support for the global platform CORDAP (Collaborative Action on Coral Reefs and People), which was launched during the Kingdom's G20 presidency. CORDAP aims to accelerate research and development for coral reefs globally and strengthen preservation and restoration efforts.
  • Saudi Arabia: An emerging tourism hub

    The Kingdom is harnessing the potential of tourism for economic growth, job creation, and cultural exchange. In 2022, Saudi Arabia welcomed 16.6 million visitors, becoming the most visited Middle Eastern country. By Q1 2023, the number of tourists increased by a remarkable 64 percent compared to 2019. Key attractions include...
  • Adaptability, innovation crucial for success in Dubai’s competitive F&B industry

    Commitment, market awareness, and adaptability are keys to success in Dubai's highly competitive F&B industry, says Deepti Chawla of Infiniti Holdings & DCloud Kitchens.
  • All voices must be heard in transition, sustainability debates: OPEC

    Secretary-General of OPEC Haitham Al Ghais, speaking at the 8th OPEC International Seminar in Vienna, reiterated the organization's keenness to stabilize the market, reduce the environmental footprint and move towards a "sustainable and comprehensive energy transition".
  • VR, AI help executive education flourish across GCC

    Executive education in GCC countries is being driven by economic diversification and technological trends, Peter Zemsky, Deputy Dean of INSEAD, tells TRENDS in an interview.
  • Tech-driven sustainability focus of banks

    Financial institutions in the Gulf region are also focusing on sustainable practices like renewable energy investments, reducing their carbon footprint, and supporting sustainable businesses, say experts,
  • UAE to deepen economic tie-ups with various world countries: Sheikh Saud

    St. Petersburg, Russia-- The UAE is seeking to strengthen economic cooperation with many countries in the world in order to ensure a sustainable and prosperous future for generations to come. This was stated by Sheikh Saud bin Saqr Al Qasimi, supreme council member and ruler of Ras Al Khaimah, in...
  • GCC ramps up ESG efforts amid green investment push

    Businesses are getting ready for COP28 by moving from starting ESG programs to growing them, and those who know the benefits of ESG Reporting may gain a lot, say experts.
  • SEWA holds talks with US consulate to promote innovation for energy solutions

    Sharjah, UAE-- The Sharjah Electricity Water and Gas Authority (SEWA) has held talks with a US consulate-general delegation to explore efforts in promoting innovation in energy and water and developing sustainable solution for energy production using advanced technologies. In this regard, Abdullah Abdul Rahman Al Shamsi, Director-General of SEWA, hosted...
  • Kuwait Oil Company’s five-year digital strategy to reduce expenses

    Kuwait -- Kuwait Oil Company announced on Saturday that it has upgraded its five-year digitalization strategy, which will contribute to reducing the operating expenses, increasing production and realizing sustainable growth. The upgrading of the strategy will also enhance safety and security, and help manage risks in a better way, Deputy...
  • Rate rise boosts Gulf banks amid crisis

    Despite global economic challenges such as the crisis, inflation, and high interest rates, the GCC banking sector has shown impressive growth and adaptability. Utilizing technology and responding to evolving market dynamics, it continues to thrive. According to Elham Mahfouz, CEO of the Commercial Bank of Kuwait, the region's banks remain...
  • UAE, Peru sign air services agreement to promote bilateral trade

    Lima, Peru - The UAE and Peru signed an air services agreement for cooperation between the two countries and promote intra-trade. Mohammed Abdullah Al Shamsi, UAE Ambassador to the Republic of Peru, signed the deal on behalf of the UAE and Gervasi Díaz, Minister of Foreign Affairs, representing Peru. Al...
  • SCA to waive off registration fee for listing of green bonds, sukuk in local market

    Abu Dhabi, UAE--The Securities and Commodities Authority (SCA) board of birectors has approved a proposal to exempt companies wishing to list their green or sustainability-linked bonds or sukuk in a local market from registration fees for the year 2023. The decision aims to highlight the actions taken by the UAE...
  • ‘UAE is laboratory of past, present and future’

    "Aside from the obvious things - the construction of museums and large collections - it seems to me that the Emirates are doing a lot of this for the education of young people," he adds, referring to the “Venice Internship program” of the NPUAE that involves Italian interns selected from...
  • Luxury car market rides on sustainability

    A shift in consumer preferences -- with a substantial percentage of sales coming from smaller and midsize vehicles -- hasn't dented the appeal of luxury cars, says Peter White, Sales Director at Audi Middle East.
  • More females steer toward luxury vehicles

    Bentley's Regional Director for the UK, Middle East, Africa, and India also anticipates further growth luxury car market throughout 2023 on the back of economic stability and increased business activity in the Middle East.
  • UAE institutional investors should focus on transition investment: NYUAD report

    Abu Dhabi, UAE-- In order to advance the United Nations Social Development Goals, the UAE institutional investors should concentrate on transition investment, taking advantage of their access to emerging markets. This is the conclusion of a NYU Abu Dhabi (NYUAD) report. The annual report "Transition Investment Lab (TIL)" was launched...
  • DEWA, WeGO discuss cooperation to achieve sustainable development goals

    Dubai, UAE--Dubai Electricity and Water Authority (DEWA) is looking to cooperate with World Smart Sustainable Cities Organization (WeGO) in urban sustainability, smart technologies and innovate solutions in order to achieve sustainable development goals. In this regard, Saeed Mohammed Al Tayer, MD and CEO of DEWA welcomed a high-level delegation from...
  • Recession fails to dent luxury car sector

    Amid rapid tech growth and rising environmental concerns, understanding the current automotive industry trends, especially in luxury, is vital, says Dr Manfred Bräunl of Porsche.
  • MENA region takes significant strides towards renewable energy, says Prince Albert II of Monaco

    The Monaco prince commends the Saudi Green Initiative, Middle East Green Initiative and the upcoming COP in Dubai as "remarkable projects and initiatives of the region".
  • Luxury car market navigates challenges

    In addition to battery electric vehicles, BMW is exploring hydrogen fuel cell technology to harness the potential of clean hydrogen production in the region, adds the managing director of BMW Group Middle East.
  • Investcorp acquires Jianuo

    Jianuo is a leading provider of specialty premium components.
  • UAE ministry hosts discussion on poultry industry, food security

    DUBAI, UAE -  UAE Ministry of Climate Change and the Environment (MOCCAE) on Tuesday organized the second National Dialogue for Food Security. This comes in line with the ministry's keenness to implement its strategies to enhance national food security in the UAE, understand the key challenges facing the country's poultry...
  • Meydan Free Zone-ADIB pact to promote SMEs, sustainability in economy

    Abu Dhabi, UAE-- The recent partnership signed between Abu Dhabi Islamic Bank (ADIB) and Meydan Free Zone is expected to promote SMEs and sustainability in the economy. Through this partnership, trade licence holders within the Meydan Free Zone will have access to ADIB's diverse range of business banking products and...
  • Luxury markets embrace sustainability

    The luxury markets in the GCC region are experiencing significant growth, driven by an increasing demand for high-end products. Despite challenges such as the pandemic, inflation, and banking crises, individuals in the region are investing in luxury items like watches and jewelry due to their potential for future price appreciation....
  • Top car brands adopt sustainable mobility

    Sustainable mobility necessitates taking into account the entire lifecycle of a vehicle, not just the use phase. This includes sustainable design, end-of-life considerations, and incorporating recyclable materials, say experts.
  • GCC considers unified visa system to boost tourism

    Ministerial-level talks are underway among the GCC nations to achieve a single visa agreement, says Bahrain's Tourism Minister Fatima Al Sairafi during an event in Dubai.
  • Book industry needs to focus more on sustainability

    She was highlighting key industry challenges such as environmental pressures and rising costs, during the opening of the Sharjah International Booksellers Conference, which was organized by the Sharjah Book Authority and brought together over 400 booksellers and distributors from 69 countries.
  • DET to highlight Dubai’s tourism in Arabian Travel Market

    DUBAI, UAE - Dubai’s Department of Economy and Tourism (DET) is likely to display the diversity of the Emirate's destination, offering sustainability platforms and highlighting new initiatives designed to boost the tourism industry during the 30th edition of Arabian Travel Market(ATM), local media reports said. This year’s ATM, from May...
  • Abu Dhabi to host electric-run aircraft, drone manufacturing plant

    Abu Dhabi, UAE-- Monarch Holding and Chinese company EHang Holdings have signed an agreement to establish the first facility in the Middle East and North Africa to manufacture and operate sustainable, electric-powered aircraft and drones for passengers and cargo transportation in Abu Dhabi. The cooperation aims to manufacture sustainable electric...
  • OPEC Fund to support SMEs in Paraguay with US$50mn funding

    Vienna, Austria— Continuing with its initiative to support businesses across the world, the OPEC Fund for International Development (the OPEC Fund) is providing a US$50 million loan to Banco Continental in Paraguay for on-lending to small- and medium-sized enterprises (SMEs) in agricultural and livestock sectors. The investment is part of...
  • UAE to invest US$160bn in new economy sectors in next 30 years

    London, UK— The UAE is looking to invest US$160 billion in the new economy sectors like renewable energy over the next three decades. This was stated by Abdullah bin Touq Al Marri, Minister of Economy, in his address at the 13th edition of the City Week 2023 Forum, in London,...
  • Technology drives facility management growth in GCC

    The sector is likely to grow at a CAGR of about 10% on the back of technology adoption, rising expenditures in building industry, and flourishing tourism industry, says an expert.
  • ACT initiative to support developing nations achieve climate goals

    Launched by the World Economic Forum, the World Trade Organisation (WTO) and the World Bank Group, the scheme aims to help participating countries, including least-developed countries, to use trade to meet their climate targets.
  • Focus on innovation and sustainability as RAKEZ helps businesses grow

    The economic zone supports over 18,000 SMEs and multinational corporations, providing them with simplified processes, customized packages, and digitalized services, says Jallad