Abdulla Ahmed Balalaa, the Assistant Minister of Foreign Affairs for Energy and Sustainability, recently concluded a two-day visit to Brussels. This visit focused on strengthening cooperation between the United Arab Emirates (UAE) and the European Union (EU) in areas related to energy, climate, and water management. The discussions were particularly significant as both parties prepare...
The Dubai Future District Fund (DFDF) has successfully secured over $1.65 billion in capital commitments while supporting more than 190 startups. This achievement marks a significant milestone in DFDF’s mission to enhance the innovation ecosystem in the emirate of Dubai. The announcement was made during DFDF’s Annual General Meeting, where it was also noted that...
The Dubai International Financial Centre (DIFC) has announced the Future Sustainability Forum, aimed at addressing critical sustainability challenges facing the financial industry. This event will take place in Dubai, reinforcing the city’s position as a leading global financial hub in the Middle East, Africa, and South Asia. Credit: WAM The Forum is set to convene...
The UAE-based Sport Impact Summit is enhancing its support for the country’s new climate law by partnering with two artificial intelligence innovators. These collaborations aim to assist organizations in reducing emissions and expanding sustainability efforts. The Sport Impact Summit has formed strategic alliances with Scoreboard, an AI-powered emissions tracking platform, and Hum(AI)n Assets, an AI-driven...
The new Blue Line metro project in Dubai is generating significant interest among daily commuters and the travel industry since its announcement in 2023. Scheduled to open on September 9, 2029, this date coincides with the 20th anniversary of the city’s original Red Line, which launched in 2009. The expansion is part of a major...
Bloomspoon, a startup based in Dubai that focuses on eco-friendly consumer goods, has achieved a significant milestone by securing an AED 800 000 investment offer on Season 3 of Shark Tank Dubai. The investment, which represents 49% equity in the company, was made by Toufic Kreidieh, the Executive Chairman and Co-Founder of Brands for Less...
Dubai’s commitment to transforming waste into renewable energy was highlighted during a recent visit by Eng. Marwan bin Ghalita, Director General of Dubai Municipality, to Tadweer, a prominent waste management facility in the emirate. The visit focused on Tadweer’s pilot biogas facility, which illustrates how organic waste can be converted into clean, renewable energy, contributing...
Beyti, a subsidiary of Almarai Company, has secured a sustainable linked loan agreement valued at EGP 1.80 billion (approximately $36 million) from HSBC Bank. This financing aligns with Beyti’s commitment to advancing sustainability initiatives, reducing its carbon footprint, and enhancing resource efficiency. Chris Abboud, General Manager of Beyti, highlighted that the company has successfully localized...
The United Arab Emirates (UAE) has begun accepting applications for its new multiple-entry visa, known as the ‘blue visa’. This visa is valid for 180 days, or six months, from the date of entry. It offers a 10-year residency to individuals who have made significant contributions in specific fields recognized by the UAE’s Federal Authority...
The Integrated Transport Centre (Abu Dhabi Mobility), part of the Department of Municipalities and Transport, has announced a significant investment in electric vehicle infrastructure. The initiative involves appointing several operators to manage the EV charging stations through public-private partnership (PPP) contracts, which will cover the supply, installation, operation, and maintenance of these charging stations throughout...