sustainable - WorldMuslimPrenuer

Islamic Development Bank Group Commits to Supporting “Climate Resilient Pakistan” with US$4.2 Billion in Financing

1Feb

By editor 123No Comments

Business, Economy, Lifestyle, Social Impact

Islamic Development Bank Group Commits to Supporting “Climate Resilient Pakistan” with US$4.2 Billion in Financing

H.E. Dr. Muhammad Al Jasser, President and Group Chairman of the Islamic Development Bank Group (IsDB), announced a US$4.2 billion IsDB Group commitment to support Pakistan's climate resilience efforts and development agenda, as well as the country vision 2025, over the next three years, including US$600 ordinary capital resources from the IsDB Group. He made the statement today in Geneva at the International Conference on Climate Resilient Pakistan, which was held in response to the devastation caused by Pakistan's recent floods. The United Nations and the Government of the Islamic Republic of Pakistan collaborated to host the International Conference on Climate Resilient Pakistan in order to gather international aid to assist Pakistan in rebuilding more effectively following the r...

Dubai’s first floating padel court now open in JLT

Padelx, a Swedish floating padel court idea, has established its first outpost in Dubai's Jumeirah Lake Towers (JLT). Cluster I's court is now open to the public. There are two padel courts floating over the lake with views of the nearby high-rise skyscrapers. The facility offers two premium courts that can be reserved through the app for AED200 for 60 minutes each court. “We’re incredibly excited to be launching our first floating court here in Dubai. Our first floating court in JLT is just the first chapter of a, hopefully, long and wonderful story for us and a channel to build the ecosystem sport itself here in the Middle East. We believe an active lifestyle should be fun, and this special court is a testament to that,” said Sofie Källström, the Chief Executive Officer of Pade...

Carrier Emirates test flies Boeing 777 on sustainable fuel

DUBAI, United Arab Emirates – Emirates successfully test-flew a Boeing 777 with one of its two engines wholly fuelled by sustainable aviation fuel on Monday. This comes as airlines throughout the world strive to reduce their carbon footprint. Flight 2646 flew for less than an hour over the United Arab Emirates' coastline after departing from Dubai International Airport, the world's busiest for international travel, and flying out into the Persian Gulf before circling back to land. For safety, the plane's second General Electric Co. engine ran on standard jet fuel. “This flight is a milestone moment for Emirates and a positive step for our industry as we work collectively to address one of our biggest challenges — reducing our carbon footprint,” Adel al-Redha, Emirates’ chief oper...