DAMAC’S official ESG strategy encompasses five core pillars: environment, social, governance, integration and implementation, and continuous improvement. DAMAC aims to minimize environmental impacts ...
Al-Jubeir has been Saudi Arabia's Minister of State for Foreign Affairs since 2018 and was appointed climate envoy in May 2022 following a royal decree. In May 2024, Al-Jubeir highlighted Saudi Arabia ...
Barakat is currently a part of the U.A.E.’s National Food Security Strategy (2051), Waste Management Strategy, National Food Loss and Waste Initiative, Circular Economy Policy, Dubai Clean Strategy ...
In 2023, Rotana reduced general waste by 6%, and increased recyclables by 20%. Rotana recycled 60,615 liters of cooking oil across its U.A.E. properties, locally converting it into 57,584 liters of ...
In August 2024, Beltone Securities Brokerage, a subsidiary of Beltone Holding, acted as the sole executor of Egypt’s first carbon credit trade between the Egyptian Biodynamic Association and Isis for ...
Collective action surrounding climate change in the Middle East has gained significant momentum following COP28, as regional leaders, businesses, and communities increasingly prioritize sustainability ...
Al Mubarak plays a key role in guiding the U.A.E. toward a more sustainable future while spearheading environmental protection, species conservation, and climate action across West Asia and globally.
In November 2023, Crescent Petroleum became a signatory for the “Aiming for Zero Methane Emissions” initiative, pledging to achieve near-zero methane emissions by 2030. The initiative was launched by ...
In 2023, EFG’s energy transition investment platform, Vortex Energy, invested $80 million in electric vehicle charging solutions company, EO Charging, with Zouk Capital. Its banking arm, Bank NXT ...
In August 2024, Valu collaborated with KarmSolar to install an EV charging network across East Cairo’s District 5 residential community. KarmSolar will integrate its recently launched “Karm.” app ...
Since November 2021, El Gouna has planted 2000 mangrove trees in the city. It has seven sewage treatment plants, each producing up to 3,000 cubic meters of irrigation water. Its recycling plant ...
In 2023, the stc Group implemented power-saving technologies using AI, leading to a 13% recorded decrease in energy consumption across its 4G and 5G networks. Its Renewable Energy Pilot Project has ...