DAVOS / WAM The UAE has announced plans to develop the first-ever sustainability accreditation framework explicitly for micro, small and medium-sized enterprises (MSMEs). EcoMark Global Accreditation has been designed to boost the competitiveness of MSMEs in the global green economy by streamlining and standardising the regulatory processes surrounding sustainability benchmarking worldwide. The EcoMark certification, which is based on ISO standards ...

ABU DHABI / WAM Abu Dhabi University (ADU) and United Al-Saqer Group (UASG) LLC signed a cooperation and funding agreement to establish a state-of-the-art scientific research centre, which will prepare specialised researchers in several development sectors, in line with the UAE’s agenda for the next 50 years. The agreement was signed by Sheikh Abdulla Al Hamed, a member of the ...

ABU DHABI / WAM Emirates Steel Arkan (ESA) has signed a five-year iron-ore pellets (IOP) supply contract with Bahrain Steel Company (BSC). The contract, valued at approximately $2 billion, was formalised at the Industrial Partnership for Sustainable Economic Growth initiative, held recently in Bahrain. Rooted in a 16x growth since 2009, ESA’s partnership with BSC extends with this new contract, ...