Author: EcoLife

    Rising ESG concern drives push for sustainable financing in the Middle East: HSBC survey

    According to the findings of an annual survey by HSBC, environmental, social, and governance (ESG) issues have become almost universal concerns of significant capital issuers markets securities in the Middle East, North Africa, and Turkey region. A full 97% of issuers in the region who responded to the HSBC 2021 Sustainable Finance and Investing Survey […]

    Kuwait celebrates successful operations of eco-friendly Clean Fuels Project
    25 Sep 2021

    Kuwait has announced the successful operations of its massive, eco-friendly Clean Fuels Project (CFP), marking the country’s standing in the global oil industry, GD Online reports. “This is a historic milestone,” Kuwait National Petroleum Company (KNPC) chief executive Waleed Al Bader told Kuna, adding that the project is a significant source of pride for the […]

    Bahrain attracts $40m in tourism project investments
    25 Sep 2021

    Bahrain’s tourism sector has attracted nearly $40 million worth of new investments in the kingdom’s tourism sector to date, which will help create more than 260 jobs over the next three years, according to a report by the Economic Development Board (EDB).  Bahrain’s EDB is seeking to capitalize on the growth of the country’s tourism […]

    Natural gas to play a pivotal role in powering UAE’s economic growth for next 50 years: Al Jaber
    25 Sep 2021

    Natural gas is set to play a pivotal role in powering economic growth in the UAE over the next 50 years, according to Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC). Delivering the opening address of Gastech 2021, […]

    Dubai to draft roadmap to world’s future through ‘Program for People and Planet’

    Expo 2020 Dubai is looking forward to bring together countries and communities to draft a roadmap for their future, by leveraging the participation of more than 200 countries and international organizations to enable participants and visitors to play a part in making a positive change, said Chief of Staff to the Director-General of Expo 2020 […]

    DiCaprio became a consultant and investor in a “test-tube steak” firm

    Hollywood star Leonardo DiCaprio has become one of the investors and consultants in the Israeli company Aleph Farms, specializing in producing “steaks from a tube.” N12 reports that DiCaprio joined investors in the latest fundraising campaign that raised $ 105 million. DiCaprio is investing in and joining the advisory boards of Aleph Farms and Mosa […]

    Are “eco-capitalism” and cities with innovative industries possible?

    The countries of the Gulf are now similar to the countries of the West, the “second world” (post-Soviet) and the whole civilized world with an unprecedented concentration of capital, population and business opportunities in cities. However, there’s 2021 today, and cities no longer attract new residents by those industries that flourished in the middle of […]

    The humble acacia from Oman is a real survivor

    The Omani ‘treeline’ is far from common, but the staunch Acacia, vancellia tortillis, or the Umbrella Thorn Acacia, adorns almost every sunrise, sunset, and landscape portrait, taken or painted, within the Sultanate, Oman Observer states. The Acacia was romanticized by Nadeem Aslam, writing “He led her back to the house, the perfume from the Acacia […]

    EAD to showcase initiatives for next 50 years during ADIHEX 2021

    The Environment Agency – Abu Dhabi (EAD) has announced on 22nd September that it will participate in the upcoming 18th edition of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX). The Agency will once again be the main sponsor of this region’s largest event focused on the preservation of cultural heritage, which will be […]

    Kuwait starts to recycle massive tire graveyard

    More than 42 million old vehicle tyres dumped in Kuwait’s sands have started to be recycled, as the country tackles a waste problem that created one of the world’s largest tyre graveyards, GD online reports. The massive dumpsite was a mere 7 km (4 miles) from a residential suburb where residents were bothered by periodic […]