Emerging Technologies Can Make Tourism Regenerative – Truth or Just a Green Mirage?
Tourism has long been celebrated for its economic benefits, driving 9.1 percent of global GDP at just over $9.9 trillion in 2023, supporting nearly 330 million jobs worldwide, fostering cultural exchange and uniting nations besides serving as a powerful engine for economic growth and development.Yet, beneath the glossy surface lies...
Aldar Properties recieve $81.67-million loan from HSBC
HSBC has sanctioned a loan of $81.67 million to Aldar Properties that has its interest linked to achievement of sustainability targets This reportedly made Aldar the first real-estate company in the Middle East and North Africa region to get such a loan Global lender HSBC has sanctioned a loan...
Amazon targets net-zero carbon in new Mena projects
Amazon's Climate Pledge aims to achieve net-zero across its businesses by 2040 The projects are expected to come up Saudi Arabia, UAE, and Egypt The Middle East and North Africa region will see a number of sustainable projects being launched by global eCommerce giant Amazon as part of its Climate...
Digitalization, sustainability top priorities of Middle East consumers
PwC Middle East claims consumers in the region value digitalization and sustainability the most 58% of Middle-East consumers say they have become more optimistic about the economy Accounting firm PricewaterhouseCoopers’ regional arm PwC Middle East, in a survey, claimed that consumers in the region value digitalization and sustainability the most,...As an industry, we need to have more sustainability, says DP World CEO
While speaking exclusively with TRENDS at World Economic Forum at Davos, Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, says the world is witnessing a positive shift in terms of sustainability. What would you say about the economic outlook for 2018? How is it being reflected in the shipping and transport...
