Latest news with #GreenAgenda2030
Mid East Info
23-05-2025
- Business
- Mid East Info
Majra–National CSR Fund hosts new ‘Impact Lab' session, highlighting key climate action and sustainability advancements in UAE
MAJRA – National CSR Fund, in collaboration with the Ministry of Climate Change and Environment (MOCCAE), hosted an interactive session as part of its ongoing 'Impact Lab' initiative to explore notable developments within the domains of climate action and sustainability in the UAE. The event reflects Majra's long-standing vision to instil the values of social responsibility as well as environmental and social governance within the nation's private sector. The session, titled 'Smart Environments and Thriving Communities: Best Practices in Climate Resilience and Sustainability', convened thought leaders, innovators, and representatives from leading government and private institutions across critical sectors like agriculture, food, water systems, environmental technology, and climate innovation, among others. It served as a dynamic platform to exchange key insights on best practices for addressing climate change, environmental protection, promoting biodiversity, and driving sustainable development. During the session, H.E. Eng Amal Abdulrahim, Assistant Undersecretary for the Support Services Sector and CEO of AI and Innovation at MOCCAE, underscored the critical role of private-public partnerships and impactful policymaking in nurturing a prosperous future for all Emiratis. Her Excellency further stated: 'This strategic collaboration with Majra symbolises a critical milestone in the Ministry of Climate Change and Environment's ongoing efforts to achieve sustainable food and environmental security. Bolstered by the event's success, we look forward to forging similar partnerships and contributing to more such initiatives, which aim to preserve ecosystems and achieve sustainable development.' Sarah Shaw, CEO of Majra – National CSR Fund, highlighted Majra's ongoing efforts to drive sustainable development and support the implementation of ESG principles in the private sector, aligning with the 'Green Agenda 2030' vision, which aims to advance sustainable development goals. She also remarked : 'At Majra, we remain steadfast in our efforts to address various climate change challenges by developing green solutions and strategies that promote sustainability across priority sectors, in cooperation with the private sector. In line with this, we strive to strengthen cross-sectors collaboration within the nation. We also aim to launch highly targeted national priority initiatives which can usher in a qualitative shift in the way companies operate, expediting progress in the field of environmental sustainability.' The event featured several specialised roundtable discussions on four critical themes, including 'Environmental Governance and Compliance,' 'Sustainable Agriculture and Food Innovation,' 'Nature, Biodiversity, and Data,' and 'Community-Based Ecotourism'. Participants examined both the progress and challenges in these areas, showcased successful strategies, and identified key enablers and partnerships that have supported impactful outcomes. The goal was to foster a shared understanding of scalable initiatives that can strengthen climate resilience across communities in the UAE. Notable companies, such as Silal – UAE's leading Agri-Tech Food company, 4 Earth Intelligence (4EI), Khalifa University, Alpha Dhabi Holding, UAE Food and Beverage Manufacturers Group, Dnata, Camelicious – Emirates Camel Milk Factory, Sxill, Agthia Group, Novel Foods, DP World, Soma Mater, and the National Central Cooling Company PJSC – Tabreed, participated in these discussions. The 'Impact Lab' served as a dynamic platform for sharing expertise and aligning public and private sector efforts in climate action and sustainable development, further strengthening the UAE's leadership in environmental governance. It concluded with the development of a series of strategies, promoting effective communication between relevant stakeholders, achieving the shared vision for a safe community based on sustainability, diversity, and innovation.
Web Release
23-05-2025
- Business
- Web Release
Majra–National CSR Fund hosts new ‘Impact Lab' session, highlighting key climate action and sustainability advancements in UAE
MAJRA – National CSR Fund, in collaboration with the Ministry of Climate Change and Environment (MOCCAE), hosted an interactive session as part of its ongoing 'Impact Lab' initiative to explore notable developments within the domains of climate action and sustainability in the UAE. The event reflects Majra's long-standing vision to instil the values ??of social responsibility as well as environmental and social governance within the nation's private sector. The session, titled 'Smart Environments and Thriving Communities: Best Practices in Climate Resilience and Sustainability', convened thought leaders, innovators, and representatives from leading government and private institutions across critical sectors like agriculture, food, water systems, environmental technology, and climate innovation, among others. It served as a dynamic platform to exchange key insights on best practices for addressing climate change, environmental protection, promoting biodiversity, and driving sustainable development. During the session, H.E. Eng Amal Abdulrahim, Assistant Undersecretary for the Support Services Sector and CEO of AI and Innovation at MOCCAE, underscored the critical role of private-public partnerships and impactful policymaking in nurturing a prosperous future for all Emiratis. Her Excellency further stated: 'This strategic collaboration with Majra symbolises a critical milestone in the Ministry of Climate Change and Environment's ongoing efforts to achieve sustainable food and environmental security. Bolstered by the event's success, we look forward to forging similar partnerships and contributing to more such initiatives, which aim to preserve ecosystems and achieve sustainable development.' Sarah Shaw, CEO of Majra – National CSR Fund, highlighted Majra's ongoing efforts to drive sustainable development and support the implementation of ESG principles in the private sector, aligning with the 'Green Agenda 2030' vision, which aims to advance sustainable development goals. She also remarked: 'At Majra, we remain steadfast in our efforts to address various climate change challenges by developing green solutions and strategies that promote sustainability across priority sectors, in cooperation with the private sector. In line with this, we strive to strengthen cross-sectors collaboration within the nation. We also aim to launch highly targeted national priority initiatives which can usher in a qualitative shift in the way companies operate, expediting progress in the field of environmental sustainability.' The event featured several specialised roundtable discussions on four critical themes, including 'Environmental Governance and Compliance,' 'Sustainable Agriculture and Food Innovation,' 'Nature, Biodiversity, and Data,' and 'Community-Based Ecotourism'. Participants examined both the progress and challenges in these areas, showcased successful strategies, and identified key enablers and partnerships that have supported impactful outcomes. The goal was to foster a shared understanding of scalable initiatives that can strengthen climate resilience across communities in the UAE. Notable companies, such as Silal – UAE's leading Agri-Tech Food company, 4 Earth Intelligence (4EI), Khalifa University, Alpha Dhabi Holding, UAE Food and Beverage Manufacturers Group, Dnata, Camelicious – Emirates Camel Milk Factory, Sxill, Agthia Group, Novel Foods, DP World, Soma Mater, and the National Central Cooling Company PJSC – Tabreed, participated in these discussions. The 'Impact Lab' served as a dynamic platform for sharing expertise and aligning public and private sector efforts in climate action and sustainable development, further strengthening the UAE's leadership in environmental governance. It concluded with the development of a series of strategies, promoting effective communication between relevant stakeholders, achieving the shared vision for a safe community based on sustainability, diversity, and innovation.
Zawya
27-03-2025
- Business
- Zawya
Mideast luxury fit-out market to grow two-fold to $33bln by 2030
The Middle East's luxury fit-out market is on a growth trajectory and is expected to nearly grow two-fold from $16.3 billion in 2023 to $32.7 billion by 2030, said a report by Abra, a regional leader in luxury retail fit out sector. This expansion is driven by rising demand for bespoke craftsmanship, sustainability-focused initiatives, and large-scale retail investments across the region, it added. Retail infrastructure investment has surged in the Middle East, with leading fit-out firms integrating sustainable materials, precision craftsmanship, and digital innovation to enhance consumer experiences. Abra, a UAE-based luxury retail fit-out specialist, has played a pivotal role in this evolution, contributing to over 90 luxury retail projects in Saudi Arabia in 2024 alone. As the Kingdom accelerates its Vision 2030 initiative, fit-out firms are seizing opportunities in high-growth retail hubs. The UAE has established itself as a leader in luxury retail fit-outs, integrating craftsmanship, sustainability, and innovation into the retail spaces. Key government initiatives such as Abu Dhabi Register of Artisans and The UAE's Green Agenda 2030 are supporting craftsmanship and sustainable luxury retail developments, as well as the rapid expansion in high-end retail, hospitality, and residential sectors. Luxury brands are increasingly tailoring their retail spaces to cater to regional consumer preferences for exclusivity, authenticity, and high-quality craftsmanship. This trend is reflected in the Middle East's custom apparel market, projected to grow from $46.75 million in 2024 to $70.67 million by 2032 . Additionally, the Middle East's handicraft market is expanding at a CAGR of 7.2% (2022–2028) , driven by consumer interest in traditional artisanal techniques. Homegrown brands and local design houses are witnessing increased demand as consumers seek bespoke, high-quality craftsmanship in both fashion and retail interiors. Dubai's expanding retail footprint has cemented its position as a key player in global luxury. Malls and retail spaces are undergoing large-scale transformations, including the Mall of the Emirates' AED 1 billion redevelopment, adding 40 new high-end retailers and boosting the city's appeal as a luxury shopping destination. Luxury retailers are responding by integrating locally inspired designs and high-end craftsmanship into their store concepts. Abra's recent work with global luxury brands such as Dolce & Gabbana, Yves Saint Laurent, and Guerlain demonstrates this trend, with custom-crafted boutiques seamlessly blending local artistry with modern retail aesthetics. Environmental consciousness is shaping the future of luxury retail fit-outs. Industry leaders are embedding sustainable construction materials, energy-efficient systems, and responsible sourcing into their operations. Firms like Abra are ISO 14001 Environmental Management-certified and ranked in the top 15% of sustainable businesses by Ecovadis, reflecting a commitment to responsible craftsmanship. Looking ahead, the UAE's retail landscape will continue to evolve with a focus on digital transformation, AI-driven design optimisation, and eco-conscious building techniques. Luxury fit-out firms that integrate these elements are set to shape the future of high-end retail in the region. Industry experts predict that Saudi Arabia and the UAE will dominate the Middle East's luxury retail growth in the coming decade, driven by consumer demand for experiential shopping and sustainability-led initiatives. As Anand Kumar, the Managing Director of Abra, said: "New mega malls, first-time retailers and brands, demand for experiential and insta-worthy retail are some of the key factors driving the next wave of luxury retail, which requires a combination of traditional craftsmanship and innovation." With the sector's growth projected to double by 2030, the UAE's commitment to excellence in craftsmanship and sustainability ensures that the nation remains at the forefront of global luxury retail design.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
26-03-2025
- Business
- Trade Arabia
Mideast luxury fit-out market to grow two-fold to $33bn by 2030
The Middle East's luxury fit-out market is on a growth trajectory and is expected to nearly grow two-fold from $16.3 billion in 2023 to $32.7 billion by 2030, said a report by Abra, a regional leader in luxury retail fit out sector. This expansion is driven by rising demand for bespoke craftsmanship, sustainability-focused initiatives, and large-scale retail investments across the region, it added. Retail infrastructure investment has surged in the Middle East, with leading fit-out firms integrating sustainable materials, precision craftsmanship, and digital innovation to enhance consumer experiences. Abra, a UAE-based luxury retail fit-out specialist, has played a pivotal role in this evolution, contributing to over 90 luxury retail projects in Saudi Arabia in 2024 alone. As the Kingdom accelerates its Vision 2030 initiative, fit-out firms are seizing opportunities in high-growth retail hubs. The UAE has established itself as a leader in luxury retail fit-outs, integrating craftsmanship, sustainability, and innovation into the retail spaces. Key government initiatives such as Abu Dhabi Register of Artisans and The UAE's Green Agenda 2030 are supporting craftsmanship and sustainable luxury retail developments, as well as the rapid expansion in high-end retail, hospitality, and residential sectors. Luxury brands are increasingly tailoring their retail spaces to cater to regional consumer preferences for exclusivity, authenticity, and high-quality craftsmanship. This trend is reflected in the Middle East's custom apparel market, projected to grow from $46.75 million in 2024 to $70.67 million by 2032 . Additionally, the Middle East's handicraft market is expanding at a CAGR of 7.2% (2022–2028) , driven by consumer interest in traditional artisanal techniques. Homegrown brands and local design houses are witnessing increased demand as consumers seek bespoke, high-quality craftsmanship in both fashion and retail interiors. Dubai's expanding retail footprint has cemented its position as a key player in global luxury. Malls and retail spaces are undergoing large-scale transformations, including the Mall of the Emirates' AED 1 billion redevelopment, adding 40 new high-end retailers and boosting the city's appeal as a luxury shopping destination. Luxury retailers are responding by integrating locally inspired designs and high-end craftsmanship into their store concepts. Abra's recent work with global luxury brands such as Dolce & Gabbana, Yves Saint Laurent, and Guerlain demonstrates this trend, with custom-crafted boutiques seamlessly blending local artistry with modern retail aesthetics. Environmental consciousness is shaping the future of luxury retail fit-outs. Industry leaders are embedding sustainable construction materials, energy-efficient systems, and responsible sourcing into their operations. Firms like Abra are ISO 14001 Environmental Management-certified and ranked in the top 15% of sustainable businesses by Ecovadis, reflecting a commitment to responsible craftsmanship. Looking ahead, the UAE's retail landscape will continue to evolve with a focus on digital transformation, AI-driven design optimisation, and eco-conscious building techniques. Luxury fit-out firms that integrate these elements are set to shape the future of high-end retail in the region. Industry experts predict that Saudi Arabia and the UAE will dominate the Middle East's luxury retail growth in the coming decade, driven by consumer demand for experiential shopping and sustainability-led initiatives. As Anand Kumar, the Managing Director of Abra, said: "New mega malls, first-time retailers and brands, demand for experiential and insta-worthy retail are some of the key factors driving the next wave of luxury retail, which requires a combination of traditional craftsmanship and innovation."
Tahawul Tech
20-03-2025
- Automotive
- Tahawul Tech
A market-first electric motorcycle initiative for delivery riders
In a market first, Virgin Mobile UAE is introducing electric motorcycles exclusively for its delivery riders. Developed in partnership with Axiom Telecom, this program offers an eco-friendly alternative that reduces emissions while supporting Dubai's sustainable development goals in line with the UAE's Green Agenda 2030. Even the way we deliver SIM cards is now part of a greener future. Virgin Mobile's new e-bikes, designed for reliability and efficiency, feature a central control system and extended battery life, making them ideal for delivery services. With optional app connectivity, these bikes provide delivery riders a fuel-free, smart solution for urban transport. By integrating these e-bikes into our operations, Virgin Mobile UAE is taking another step toward sustainability beyond just our services. In line with reducing its carbon footprint, Virgin Mobile UAE continues to encourage eSIM adoption to minimize waste. For customers who prefer physical SIMs, we offer in-person delivery options, including our eco-conscious e-bike for select deliveries, providing a sustainable alternative that complements our digital-first approach. Rob Beswick, Managing Director at Virgin Mobile UAE, said: 'Our e-bike initiative reflects our commitment to integrating sustainability into everyday business practices. By offering a cleaner, smarter transportation solution, we're contributing to Dubai's environmental goals while redefining what it means to lead responsibly in telecommunications'. Fahad Al Bannai, CEO, Axiom Telecom, added: 'At Axiom Telecom, we are excited to take our first steps into the realm of sustainable last-mile delivery with the introduction of electric bikes. This initiative, in collaboration with our valued partner Virgin Mobile, reflects our commitment to exploring cleaner and more efficient delivery solutions. It also aligns with the UAE's vision for sustainability and clean energy, reinforcing our dedication to innovation that benefits both our customers and the environment'. Image Credit: Virgin Mobile UAE
