Featured

Volunteering: A human duty and a sustainable practiceStatement by Her Excellency Mariam Al Hammadi, Director-General of The Big Heart Foundation

Sharjah, 05 December 2024.

On the occasion of International Volunteer Day, Her Excellency Mariam Al Hammadi, Director-General of The Big Heart Foundation said: “International Volunteer Day is a powerful reminder of the need for individuals and communities to come together in the spirit of justice, compassion, and shared progress. Volunteering is far more than an act of kindness; it is a testament to the strength of solidarity—a cornerstone of resilience and a vital tool for addressing the pressing challenges of our time. It reinforces the idea that collective effort and ingenuity can lead to solutions that are both impactful and sustainable for generations.”

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Technologies

du and AIHostingHub announce the launch of first NVIDIA supercluster in the GCC

The supercluster in Dubai will leverage cutting-edge liquid cooling technology to enhance AI processing efficiency, sustainability, and performance

Dubai, UAE, December 5, 2024: du, the leading telecom and digital services provider, in partnership with AIHostingHub “AIH Hub for Cloud Service & Datacentres Providers”, announced the successful deployment of the first-ever NVIDIA supercluster within the GCC. Located in Dubai Silicon Oasis (DSO), the project marks a significant advancement in the data centre and AI technology landscape of the region.

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Featured

DIFC opens 2nd Future Sustainability Forum to accelerate global transition to low-carbon, climate-stable future

  • DIFC convenes more than 3,000 industry leaders, 100+ companies, 500+ investors, 100+ global speakers, 50+ countries to collaborate and share insights
  • Event highlights UAE’s sustainable practices in decarbonisation and comprehensive financial mechanisms in the roadmap to achieving Net Zero goals by 2050
  • Events sets the stage for signing of agreements in line with the commitment to transitioning to a sustainable economy

Dubai, UAE: 4 December 2024: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, today welcomed more than 3,000 industry leaders, government officials, and sustainability experts to the 2nd Future Sustainability Forum 2024. The event convened global experts to ideate, collaborate and inspire with insights, to accelerate the global transition towards a low-carbon, climate-resilient future, and showcase the UAE’s sustainable practices, specifically in the financial environment.

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Business & Investments

GCC Chemical Industry Braces for a New Era as it Navigates Future of Growth

The 18th Annual GPCA Forum is taking place this week from 2-5 December in Oman Convention & Exhibition Centre, Muscat, Oman

Muscat, Oman, 4 December 2024 – The chemical and petrochemical industry in the Arabian Gulf must successfully navigate the future of growth as it enters a new era of feedstock transformation, circularity and the materials transition. This was the underlying message during the 18th Annual Gulf Petrochemicals and Chemicals Association (GPCA) Forum, which is taking place from 2-5 December in Oman Convention & Exhibition Centre, Muscat, Oman.

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Business & Investments

Bloomberg Intelligence Report Highlights MENA’s Growing Sustainable Finance Market

  • COP 28 accelerated sustainable finance issuances in MENA, with the UAE Banks Federation AED 1 Trillion Sustainable Finance pledge playing a major role in the rise of banks’ issuance of green, social and sustainable (GSS) bond issuance in the UAE.
  • Financials accounted for 64% of MENA GSS issuance in the first 11 months of 2024.
  • Green buildings and renewable energy dominate bond allocations, supported by key players like FAB and Emirates NBD.
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