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The Finance World Magazine| Edition: March 2023

The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil. In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups. Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil.
In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups.

Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector.


Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Healthcare<br />

Furthermore, <strong>The</strong> Department of<br />

Health - Abu Dhabi (DoH), which<br />

regulates the healthcare sector<br />

in the Emirate, has revealed Abu<br />

Dhabi’s healthcare sustainability<br />

goals in conjunction with Abu Dhabi<br />

Sustainability Week <strong>2023</strong>. <strong>The</strong>se goals<br />

aim to reduce carbon emissions by 20<br />

percent in 2030 and achieve Net Zero<br />

by 2050.<br />

DoH’s healthcare sustainability agenda<br />

is segmented into long- and short-term<br />

goals and focuses on infrastructure,<br />

operations, and healthcare waste. DoH<br />

will support healthcare facilities to<br />

implement green building methodologies,<br />

transition to clean and renewable energy<br />

sources, and manage healthcare waste<br />

effectively.<br />

<strong>The</strong> Department aims to establish<br />

a solid governance model for Green<br />

Hospitals across the Emirate and work<br />

closely with healthcare facilities to<br />

reassess prescription practices, apply<br />

efficient means of pharmaceutical<br />

waste management, reduce water<br />

consumption and encourage the use<br />

of more environmentally friendly<br />

transportation. In the short term, the<br />

Department will provide training and<br />

<strong>The</strong> objective of<br />

DoH is to create a<br />

strong system of<br />

regulations for green<br />

hospitals throughout<br />

the Emirate and<br />

reassess the way<br />

prescriptions are<br />

handled.<br />

access to international networks to<br />

help the sector learn and delve deeper<br />

into the field of sustainability.<br />

Hence, the healthcare sector in<br />

the UAE is taking bold steps towards<br />

sustainability, with a focus on green<br />

buildings, innovation, and reducing<br />

carbon emissions. AstraZeneca’s plans<br />

to build sustainable offices at Dubai<br />

Science Park and achieve platinum<br />

standards in LEED certification is a<br />

testament to their commitment to the<br />

“Ambition Zero Carbon” strategy and<br />

aligning with the UAE’s 2031 vision for<br />

sustainable development in healthcare.<br />

<strong>The</strong> Arab Health Exhibition and<br />

Congress <strong>2023</strong>, with its theme of<br />

“innovation and sustainability in<br />

healthcare,” provides a platform for<br />

various stakeholders to showcase their<br />

efforts towards sustainability, such as<br />

the EcoStruxure for Healthcare digital<br />

twin solution, which aims to improve<br />

energy efficiency in hospitals.<br />

Moreover, the Department of Health<br />

- Abu Dhabi’s sustainability goals aim<br />

to reduce carbon emissions by 20% in<br />

2030 and achieve Net Zero by 2050, with<br />

a focus on infrastructure, operations,<br />

and healthcare waste. <strong>The</strong> concerted<br />

effort towards sustainability in the<br />

healthcare sector by both public and<br />

private entities is a positive development<br />

towards a more sustainable future for<br />

the UAE and beyond.<br />

50 www.thefinanceworld.com <strong>March</strong> <strong>2023</strong>

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