The unicorn status of climate-tech firms is less a speculative bubble and more a reflection of an evolving market reality, but investors and founders must be prepared for a longer runway to success
circular economy
Latest in circular economy
circular economy
How one UAE startup is changing consumer habits by rewarding those who recycle
Sparklo not only recycled 33 million bottles, but also rewards those who recycle with discounts on groceries, utility payments, car charging, and more as an incentive for recycling
circular economy
Middle East companies make sustainability strategies top priority, says new PwC report
The report which surveyed of 58 regional companies found eight in 10 now have a formal sustainability strategy, up from 64 percent last year
circular economy
‘CHRGR’: EnerTech launches new mobility platform in UAE
CHRGR’s debut marks the introduction of the UAE’s first fully integrated electric mobility solution, with ambitious plans for nationwide expansion over the next three years
circular economy
Saudi Arabia unveils new initiative to safeguard water security
Ten prominent companies have already pledged their support for Saudi Arabia’s “Voluntary Commitment to Water Sustainability” initiative
Abu Dhabi
KEZAD Group signs land lease agreement with Gulf Printing & Packaging for expansion in Abu Dhabi
The current expansion of more than 45,000 square meters will brings GPP’s total footprint in KEZAD to more than 67,000 square meters
carbon emissions
GCC member states determined to make COP28 a turning point in climate action
The Council ministers discussed the strategies required to defend climate action to ensure secure growth and economic prosperity in the region
carbon footprint
Retailers who Rethink Plastic are inspiring incredible behaviour change
Consumers are moving towards reusable alternatives, eliminating the need for single-use plastic bags. Let’s keep the momentum going
circular economy
Why circular economy makes business sense
In the real world, failure to align circularity with business interests often deters the successful implementation of such models
circular economy
Web3 climate infrastructure in GCC region demands $8bn capital investment, says expert
Initial capital injection will help develop web3 infrastructure in the region in a big way
circular economy
Saudi SABIC wins prestigious award for its ocean bound plastic work
The 2023 Circularity Award from American Chemistry Council is for implementing effective solutions using recovered and recycled OBP
circular economy
Moving towards a circular economy
The UAE is primed to drive the move to the circular economy
circular economy
If the UAE is serious about sustainability businesses need to stop greenwashing
Businesses wouldn’t make ballpark estimates of their financial figures, so the same logic should apply for sustainability claims
circular economy
Dubai’s Mall of the Emirates launches new food rescue programme
The initiative focuses on recovering leftover food from cafes, restaurants and food court to repurpose it to the community
carbon footprint
Majid Al Futtaim closes $1.25bn sustainability-linked loan with First Abu Dhabi Bank
This is the company’s second SLL as they remain the only borrower in the region with a ‘penalty-only’ loan structure
carbon emissions
Ahead of G20 meet, Indonesian group organises $30 billion for UN SDGs
The group supports incubation of more than 20 projects that will catalyse over $30 billion investment into clean energy, avoided deforestation, ecosystem restoration, marine protection, circular waste management and human health
circular economy
KEZAD Group to have $150 million recycling facility
The agreement was signed on Monday with Renov8 Polymer Industries Ltd