Finance World Magazine| Edition: April 2024
Amidst pressing global climate challenges, the UAE has emerged as a leader in sustainability, spearheading initiatives promising a greener future. At the forefront of this movement is the country's ambitious Net Zero 2050 initiative, which has garnered pledges from several companies. This month's edition of Finance World Magazine delves into the implications of the UAE's Net Zero 2050 initiative and its transformative effects on the financial landscape, echoing the country's dedication to sustainable development. The cover story highlights companies dedicated to the Net Zero by 2050 initiative, driving change across sectors with innovative strategies for carbon neutrality, reflecting their proactive leadership and impactful contributions to a sustainable future. Between these pages, readers can discover insights into Venkat Reddy's visionary approach behind klipit, the world's first eco-friendly, blockchain-based paperless receipt app. The edition highlights the significance of the UAE's pioneering Digital Asset Law and the newly introduced Biofuel Policy, assessing their implications and potential impact. Complementing the net zero initiatives the article, “Sustainable Living in Dubai: A Closer Look at ZāZEN Properties' Prescient Developments” deciphers the successful green developments by ZāZEN Properties. It also features Shahzad Ahmad, CEO of Ensure Events, sharing insights on his entrepreneurial journey fueled by childhood passion, navigating challenges and envisioning global music festivals and business expansion. 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.
Amidst pressing global climate challenges, the UAE has emerged as a leader in sustainability, spearheading initiatives promising a greener future. At the forefront of this movement is the country's ambitious Net Zero 2050 initiative, which has garnered pledges from several companies. This month's edition of Finance World Magazine delves into the implications of the UAE's Net Zero 2050 initiative and its transformative effects on the financial landscape, echoing the country's dedication to sustainable development.
The cover story highlights companies dedicated to the Net Zero by 2050 initiative, driving change across sectors with innovative strategies for carbon neutrality, reflecting their proactive leadership and impactful contributions to a sustainable future. Between these pages, readers can discover insights into Venkat Reddy's visionary approach behind klipit, the world's first eco-friendly, blockchain-based paperless receipt app.
The edition highlights the significance of the UAE's pioneering Digital Asset Law and the newly introduced Biofuel Policy, assessing their implications and potential impact. Complementing the net zero initiatives the article, “Sustainable Living in Dubai: A Closer Look at ZāZEN Properties' Prescient Developments” deciphers the successful green developments by ZāZEN Properties.
It also features Shahzad Ahmad, CEO of Ensure Events, sharing insights on his entrepreneurial journey fueled by childhood passion, navigating challenges and envisioning global music festivals and business expansion.
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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Sharjah Welcomes New Attraction: Hanging Gardens Unveiled in UAE<br />
The recently unveiled Hanging<br />
Gardens in Kalba, spanning an<br />
impressive 1.6 million square feet<br />
and adorned with over 100,000 trees,<br />
has quickly become the talk of the town<br />
as the UAE’s newest attraction. Conveniently<br />
located on the Sharjah-Kalba<br />
Road, this sprawling garden, graced by<br />
the inauguration ceremony led by Dr<br />
Sheikh Sultan bin Muhammad Al Qasimi,<br />
Supreme Council Member and Ruler of<br />
Sharjah, warmly welcomed residents<br />
on March 8. During the unveiling, Dr<br />
Sheikh Sultan meticulously toured<br />
the garden, taking in the captivating<br />
aesthetic elements, including landscaped<br />
green spaces, flower-strewn<br />
terraces, and enchanting waterfalls.<br />
The Kalba community expressed profound<br />
gratitude to Dr Sheikh Sultan for<br />
his support of various developmental<br />
initiatives in the area. As part of the<br />
garden’s charm, the central restaurant,<br />
boasting a comfortable seating capacity<br />
for 215 patrons, showcases a timeless<br />
semi-circular architectural design.<br />
Old Doha Port Comes Alive with Vibrant Events and<br />
Festivals in Q1 <strong>2024</strong><br />
Old Doha Port emerges as a<br />
dynamic cultural and sports<br />
hub in Q1 <strong>2024</strong>, hosting events<br />
and reinforcing its status as a leading<br />
tourist destination. The quarter kicked<br />
off with the vibrant Kite Festival, followed<br />
by the excitement of the AFC<br />
Asian Cup Qatar 2023, where football<br />
matches were broadcast in the port’s<br />
park. The <strong>World</strong> Aquatics Championships<br />
showcased the port’s versatility,<br />
hosting open water swimming and<br />
high diving competitions. National<br />
Sports Day brought diverse activities<br />
for all ages, including a unique diving<br />
experience. As Doha hosted the Web<br />
Summit conference, Old Doha Port<br />
played a significant role in facilitating<br />
networking events, reflecting its ability<br />
to host diverse international gatherings<br />
that celebrate sports, culture, and<br />
maritime heritage.<br />
Saudi Arabia Surpasses 100M Tourists and Unveils<br />
Major Deals at ITB Berlin<br />
Saudi Arabia achieved a significant<br />
milestone by signing over 15<br />
agreements at ITB Berlin, a major<br />
travel exhibition, further advancing its<br />
thriving tourism sector. Celebrating the<br />
remarkable success at ITB Berlin 2023,<br />
the Saudi Tourism Authority secured<br />
key partnerships with industry leaders<br />
such as Trip.com Group, Flynas, Eurowings,<br />
Visit Bahrain, Visit Oman, and<br />
Qatar Tourism. These collaborations<br />
are expected to propel Saudi tourism<br />
towards unprecedented sustainable<br />
growth, solidifying its position as a<br />
premier global destination. Minister of<br />
Tourism and STA Chairman Ahmed bin<br />
Aqeel Al-Khatib emphasised the positive<br />
impact of the event, showcasing the<br />
bright future of Saudi tourism aligned<br />
with Saudi Vision 2030 and fostering<br />
global relationships for sustainable<br />
tourism development.<br />
Ultra-Luxury on Palm<br />
Jumeirah: FIVE LUXE,<br />
Dubai’s New Beachfront<br />
Gem<br />
FIVE Hospitality has unveiled its<br />
latest jewel on the Palm Jumeirah<br />
shoreline – FIVE LUXE, a sophisticated<br />
development set to enchant guests<br />
when it opens its doors on March 31,<br />
<strong>2024</strong>. Boasting an impressive offering of<br />
222 hotel rooms, 276 luxury residences,<br />
and the much-anticipated Playa Pacha<br />
Beach Club in collaboration with Pacha<br />
Group, FIVE LUXE promises an immersive<br />
experience. The beach club will be<br />
a haven for renowned DJs, commencing<br />
with Keinemusik on <strong>April</strong> 13, <strong>2024</strong>. The<br />
accommodation spectrum spans from refined<br />
studios to expansive four-bedroom<br />
suites featuring private pools, including<br />
signature suites designed with opulent<br />
additions like ballrooms, DJ booths, and<br />
dedicated spa facilities. The culinary journey<br />
unfolds at seven distinctive dining<br />
venues, showcasing culinary excellence<br />
with highlights such as Ronin and the<br />
globally acclaimed Paradiso, the <strong>World</strong>’s<br />
Best Bar winner.<br />
<strong>April</strong> <strong>2024</strong> www.thefinanceworld.com 105
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