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

WGES 2022 to promote investment tie-ups in green projects

Saeed Mohammed Ahmed Al-Tayer, CEO of DEWA speaks during the closing session of the World Green Economy summit in Dubai on October 6, 2016. AFP
  • The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers
  • The UAE is the first country to develop the Green Key Performance Indicators focusing on three dimensions - environmental, economic and social - of sustainable development

The eighth World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green projects and financing and also promote employment opportunities provided by the green economy.

During the summit, several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers, official dignitaries from government organisations, academia, experts and the media, will discuss promising opportunities and investments for the public and private sectors.

The UAE is the first country to develop the Green Key Performance Indicators (KPIs). It focuses on three dimensions – environmental, economic and social – of sustainable development. The KPIs include green jobs, Emiratisation, innovation, human development, ecological footprint, and green vehicles.

The UAE committed $400 million to enable the transition to clean energy for developing nations, that will positively impact 100 million African citizens by 2035. It has promised to raise $4 billion to invest in technologies that will transform agriculture and food production to limit climate change.