16/04/2018 08:01 AST

Senior government officials, industry leaders, policymakers, scientists, academics and investors in sustainable business are set to participate in the Green Business Summit 2018 as primary keynote speakers. Organized by The Economist Events, part of the global English-language weekly newspaper, the first-of-its-kind Summit will be held on Tuesday (April 17) in Abu Dhabi, marking the Middle East and North Africa (MENA) region as a global priority for environment conservation.

A stimulating and eye-opening event for policymakers and business professionals, the Summit will feature internationally recognized keynote speakers, all experts in their fields, sharing insights and knowledge on the challenges and opportunities of developing and encouraging sustainable business.

Leading the much-anticipated first business panel of the day titled ‘From responsibility to leadership’ will be Razan Al Mubarak, Secretary General, Environment Agency Abu Dhabi, Kaleefa Salem Al Mansouri, Undersecretary, Department of Economic Development Abu Dhabi and Ahmed Abdellatif, Chairman, CTC Group, addressing the prevailing short-termism that dominates markets. During the session, the panelists will discuss the unprecedented growth of corporate responsibility, which is now mainstream, and the different ways in which sustainability can be incorporated into long-term business strategies.

The first of a series of three short, focused sessions ‘Pieces of the puzzle: Shipping’, will be led by Mohamed Juma Al Shamisi, Chief Executive Officer of Abu Dhabi Ports. As the home to Jebel Ali and Khalifa Ports, the shipping industry plays an integral role in the UAE’s economy and Al Shamsi will broaden the debate on the number of ways the shipping industry can adopt environment-friendly practices.

Waddah Ghanem Al Hashmi, Executive Director, EHSSQ and Corporate Affairs, Emirates National Oil Company along with Dany Qian, Vice President of Jinko Solar will lead a session titled ‘Pieces of the puzzle: Energy’. As the second of the series, the session will see Al Hashmi and Qian interview individuals across different industries about the challenges they have faced while transitioning to a more sustainable business model. They will further debate the role green energy plays in the MENA region, as Gulf economies continue to diversify beyond the oil industry.

Razan Khalifa Al Mubarak, Secretary General of the Environment Agency – Abu Dhabi, said “our capacity for innovation must exceed our capacity for growth if we are to reverse a trend of environmental degradation. EAD is keen to foster a culture of innovation, critical in finding solutions to meet the future's environmental challenges. We think that technological innovation can help us to prepare for the future but we also believe that a change in mindsets is necessary to understand that managing all capital assets sustainably, including natural capital, is the responsibility of every business. We hope the Green Business Summit will help us to advance this notion that the economy and the environment can go hand in hand.”

She concluded “action speaks louder than words and to accelerate the UAE industry’s green transformation during the Green Business Summit we will announce that the UAE Ministry of Climate Change and the Environment (MOCCAE) and the Environment Agency-Abu Dhabi will jointly conduct a study on the state of resource efficiency in the UAE in partnership with the United Nations Industrial Development Organization (UNIDO). We will also announce that the Department of Economic Development (DED) and the Environment Agency-Abu Dhabi will partner to create the EnviroTech Awards as part of the Technology Innovation Pioneer (TIP) programme initiated by the Ministry of Economy and DED to accelerate the development of technology and innovation in Abu Dhabi and the wider UAE. We very much look forward to working with these institutions on these important endeavors”.

Commenting on the Summit, Gregg Carlstrom, Middle East correspondent for The Economist, said “we are delighted to host the first-ever Green Business Summit 2018 in Abu Dhabi. The inaugural conference will foster important dialogue on the necessity of protecting the environment across global economies that have experienced dramatic growth over the past few decades, such as the UAE. We look forward to welcoming attendees and debating the issues at the heart of the sustainability industry.”

The Green Business Summit 2018, hosted by The Economist Events, is being sponsored by the Environment Agency Abu Dhabi (EAD) and co-sponsored by the Department of Economic Development (DED), with supporting partner Emirates Wildlife Society and media partner The Business Year.

The Summit will run from 8:00am to 5:30pm at the Rosewood Hotel, Al Maryah Island, Abu Dhabi.


Saudi Gazette

Ticker Price Volume
QNBK 159.03 10,763
CHUBB 22.72 29,662
SABIC 128.20 3,326,229
EEC 19.68 2,551,088
HOKAIR 21.52 1,173,648
SARCO 48.30 2,968,346
JAZIRATKFL 22.08 79,304
Saudi Arabia boosts fintech drive with UAE and Bahrain talks

15/07/2018

Saudi Arabia is discussing a coordinated approach to the regulation and nurturing of fintech startups with the UAE and Bahrain. Such discussions form part of the Kingdom’s attempts to boost its nasce

Arab News

Bankruptcy reforms ‘will spur Saudi Arabian investment’

15/07/2018

Saudi Arabia will introduce its first comprehensive bankruptcy law on Aug. 18 in a move designed to encourage foreign and domestic investment in private business, experts say.

The move is a

Arab News

UAE banks now able to charge VAT on fees

15/07/2018

Banks can now charge VAT on fees following a circular from the Central Bank of the UAE which rescinded a previous notice banning the practice.

In circular 157/2018 called Amendment to Anne

The National

Oman's banking sector maintains steady growth

15/07/2018

Oman's banking sector continues to grow at a reasonable rate and has maintained its success in meeting the credit needs of all economic segments, with special emphasis on the small and medium enterpr

Times of Oman

Oman's exports rise 27% to OMR3.76bn

15/07/2018

Oman recorded a robust 27.2 per cent growth in total export revenue in the first quarter of 2018 compared with the same period last year, according to the National Centre for Statistics and Informati

Times of Oman