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Green change … $ 138 billion expected Gulf savings
This happened when the Emirati Minister participated in a session entitled “”. Green change In the Middle East “, within works World Economic Forum Held in Davos, Switzerland from 22 to 26 May 2022: “The world is at a turning point: government policies and strategies” Department of CommerceWith the participation of more than 2,000 government officials and decision makers.
Al-Marri added that these savings would be equivalent to 1% of the Gulf region’s GDP for the period 2020-2030. The integration of sustainable green economic initiatives and circular projects will play a role in reducing emissions by 150 million tonnes.
The Government of the United Arab Emirates adopts an integrated national policy aimed at sustainable production and consumption, economic diversification and the development of new economic sectors in areas that serve the green economy, particularly promoting change towards clean and renewable energy and circulars. Mandatory priority for the next stage is economic applications.
He further added that the Government of the United Arab Emirates is committed to achieving sustainable consumption and production, and that the United Nations’ Sustainable Development Goals 2030 should be achieved by shifting from the traditional economic model to a roundabout, renewable economy, towards consumption and production. It works consistently within environmental boundaries to ensure the quality of life of current and future generations, indicating that this commitment is in line with the objectives of the National Green Agenda.
He said the UAE government had taken concrete steps in this area in April 2019, with the cooperation of the World Economic Forum and the first signing of the “Scale 360” initiative for the Middle East and North Africa. Aims to move towards a more circular economy with less use. The “UAE Round Economic Policy 2030” was adopted within a comprehensive framework defining natural resources and pollution reduction in the face of climate change and achieving sustainable governance in January 2021. Effective use of natural resources.
He stressed the need for concerted efforts by the government, the private sector and the community to transition to a circular economy, and explained how to think and act in a more circular way to help transform the country into a successful and sustainable circular economy. For the rapid changes that the world is seeing, we need to think of a new economic model that is flexible and ready for challenges, and that sustainable and inclusive economic growth can be achieved by attracting skills by relying on technology and providing jobs in the green sector. Improving investment opportunities in technology sectors, accelerating and maintaining growth.
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The online trading landscape in the UAE is evolving rapidly, driven by innovative technologies, changing consumer behaviors, and new regulations. Multiple trends are shaping the future of online trading platforms in the country and for anyone keen to get involved with online trading, the UAE is a great place to be.
App-Based Trading
One major innovation is the rise of mobile and app-based trading platforms. As smartphone penetration deepens across the UAE, there is a growing demand for trading apps that offer convenience, flexibility, and quick access to financial markets. Leading UAE brokers now provide feature-rich trading apps alongside traditional desktop platforms. These apps employ technologies like AI and ML to enable swift trade execution, real-time market data, advanced charting and analytics, and more. The apps also incorporate modern security protocols like face/fingerprint recognition. As per recent estimates, the majority of all online trades in the UAE now happen via mobile apps.
If you want to use the best trading platform in UAE, do some research to see which one has all the features you need to get started with mobile trading.
Social Trading in the UAE
Social trading is another emerging concept that is gaining significant interest in the country. By integrating social networking with financial trading, social trading networks like EToro allow novice traders to observe and replicate the trading strategies of experienced investors in the network. Leveraging collective intelligence can boost success rates for new traders. According to surveys, over half of millennial traders in the UAE show a willingness to explore copy trading.
Crypto Trading in the UAE
As cryptocurrency adoption rises globally, leading UAE trading platforms have also started integrating popular crypto assets. Platforms like eToro and Robinhood now allow users to trade major cryptocurrencies alongside regular financial assets. Hybrid trading combining both traditional shares and crypto coins is set for robust growth in the coming decade. However, regulations are changing all the time in this emerging space, so it pays to be vigilant.
The UAE has observed strong initiatives aimed at investor protection and risk reduction in online trading. Emirates Security and Commodities Authority (ESCA) regularly issues new guidelines for brokers to mandate better compliance, accountability, and transparency. Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations are also being more strongly enforced now. Such reforms will likely accelerate the adoption of licensed, supervised trading platforms that offer adequate safeguards to traders.
Looking ahead, the UAE online trading industry will see continued innovation in the coming years. Cutting-edge technologies like blockchain, predictive analytics, and VR are being integrated into platforms to enable more seamless, flexible and secure trading experiences. As economic expansion and startup activity remains robust in the country, more brokers are also targeting the UAE market. Both international players and homegrown startups are expected to disrupt the trading space with unique value propositions and offerings tailored for local consumer needs. Robust growth supported by financial regulators will solidify UAE’s position as the premier online trading hub of the Middle East region in the coming decade.
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Kalban Bellhole: We work with 40 international companies and 800 professionals to anticipate the future
Khalfan Juma Belhole, CEO of the Dubai Future Foundation, announced that they have signed agreements with more than 40 international companies that focus on their future, and the goal now is to bring these conversations together and create an implementation framework for them.
He pointed out that the first edition of the Dubai Future Forum was a translation of the idea of creating a meeting to discuss future challenges and we found that the result was positive as the discussion led to a better understanding of the future. In light of the importance of sharing the message. The first edition was the first step to bring together companies, at that time their number reached 4, and today we have reached 40 companies and 800 professionals, which strengthens the position of Dubai as the most suitable platform for this meeting.
He said the second edition of the Dubai Future Forum reflects the leadership message of the foundation’s establishment, which sees the Dubai Future Forum as one of the elements and programs that will advance this vision, which saw the participation of 400 future professionals last year. , this year saw the attendance of more than 2,500 participants and 800 professionals, enhancing the company’s position as a station for anticipating the future in Dubai and the Emirates, and more importantly, discussions, projects and how to deliver concrete space plans.
He emphasized that the goal now is to translate these discussions and studies as priorities align with the goals of COP28. Last week, in addition to other priorities such as artificial intelligence and the challenges of the space industry, he pointed out that the big message is that the world must come together to shape the future and tackle the challenges.
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The Permanent Committee on Human Rights is discussing improving cooperation with its counterpart in Bahrain
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The Secretariat of the Permanent Committee on Human Rights held a joint meeting with the National Human Rights Committee of the fraternal Kingdom of Bahrain in the capital, Abu Dhabi.
Views were exchanged to discuss aspects of cooperation and explore areas and opportunities for enhancing technical cooperation between the two groups in the field of human rights.
His Highness Khalifa Shaheen Al Marar met the Bahraini delegation at the headquarters of the Ministry of Foreign Affairs.
Saeed Rashid Al Habsi, Director of the Human Rights Department of the Ministry of Foreign Affairs and member of the Standing Committee on Human Rights, welcomed the Director General of Legal Affairs and Human Rights, Dr. Youssef Abdulkarim Boucheri, and opened the meeting between the two groups. At the Ministry of Foreign Affairs in the Kingdom of Bahrain, he reviewed the fraternal and special historical relations between the two brotherly nations.
Bucheri, for his part, emphasized the strong and special historic brotherly partnership between the UAE and the Kingdom of Bahrain.
During the meeting, cooperation and exchange of information, experiences and best practices of the Universal Periodic Review Mechanism for Human Rights were discussed.
Both sides expressed their willingness to strengthen the framework of cooperation to contribute to the strengthening and promotion of efforts in the field of human rights.
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