ABU DHABI/WAM The Sheikh Zayed Festival, currently being held at the Al Wathba area in Abu Dhabi, continues to attract residents and tourists from all over the world with various cultural events, activities, and distinctive performances. One of the most popular attractions is the World Civilisations Parade where entertainers from around the world roam around the Festival grounds weekly. The ...

DUBAI/WAM The Corporate Social Responsibility (CSR) UAE Fund, Majra, signed a Memorandum of Understanding (MoU) on the sidelines of COP28 with HyveGeo agriculture company with the aim of regenerating desert sand into arable soil for home-sustainable food and cleaner air. HyveGeo specialises in sequestering carbon dioxide using microalgae (1.8 tonnes of carbon for one tonne of microalgae), as well as ...

DUBAI/ WAM The UAE University (UAEU) hosted a seminar titled “Water Security under Climate Change Conditions in the UAE: Challenges and Opportunities” in cooperation with Trends Research Advisory at COP28 in Expo Dubai. Dr. Muhammad Al-Ali, CEO of Trends Research Advisory, lauded the productive partnership between the two institutions, highlighting their commitment to scientific research collaborations. He emphasised the importance ...

DUBAI/ WAM The Ministry of Energy and Infrastructure (MoEI) and the Environment Agency – Abu Dhabi (EAD) announced the launch of the first hydrogeological map and geo-database of the UAE, a milestone achievement in documenting and managing water sources with the goal of sustaining and conserving water. The hydrogeological maps generated include all hydrogeological data, such as groundwater well locations, ...

BLOOMBERG Societe Generale SA is reviving a potential sale of its private UK bank Kleinwort Hambros, according to people familiar with the matter, a move that would allow the French lender to free up capital. The French bank is working with advisers to explore interest in the unit, said the people, who asked not to be identified discussing private matters. ...

BLOOMBERG Europe’s top banking watchdog will become more powerful as European Union (EU) lawmakers expand its remit to include risks linked to climate change and the rise of digital assets. As sweeping update of regulation detailed this week mandates the European Central Bank to monitor how lenders plan to transition to a net-zero carbon economy over the next three decades. ...

DUBAI/ GULF TIME Aster DM Healthcare, a leading integrated healthcare provider in GCC and India, has released its annual ESG Report, demonstrating an unwavering commitment to environmental sustainability, ambitious targets, and a proven record of positive impact. The company aligns its ESG practice with 10 key United Nations Sustainable Development Goals (UNSDGs), emphasizing its dedication to global objectives. In pursuit ...

DUBAI/ GULF TIME The Middle East and North Africa (MENA) out of home dining (OOHD) is projected to reach US$81.82 billion by 2028. The market value is expected to grow at a CAGR of 10.66% during the forecast period of 2023-2028, with full-service restaurants (FSR) and casual dining segment being the dominant segment owing to rising consumer’s disposable income. Research ...

DUBAI/ GULF TIME VA Properties and RSG Group of Companies announced its strategic partnership for the grand launch of Fairmont Dubai Skyline Residences. This luxurious residential project will be situated in Al Sufouh area and will redefine opulence with its 121 fully furnished residences, including 2–3-bedroom apartments, an elegant half floor Sky Mansion, and a luxurious Sky Palace occupying an ...

DUBAI / WAM ne’ma, the UAE national food loss and waste initiative, in line with the 28th UN Climate Change Conference (COP28) agenda, revealed groundbreaking results during the “National Action at Scale for Reducing Food Waste in the Hospitality Sector” panel announcement at Expo City Pavilion, Green Zone, COP28. This world-first private-public partnership presented transformative outcomes of its hospitality sector ...