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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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net zero
Industry
Make it in the Emirates 2025 emphasizes prioritizing energy efficiency in manufacturing for a net-zero UAE
The UAE’s industrial sector accounts for around 60 percent of total national energy consumption
Economy
EMSTEEL contributes $1.7 billion to Abu Dhabi’s GDP, says CEO
In 2024, the group allocated more than AED3.5 billion to local procurement
Real Estate
Aldar becomes region’s first developer to use EMSTEEL’s hydrogen-based steel rebar
Steel to significantly reduce carbon emissions during the construction of Abu Dhabi’s first net-zero carbon mosque
Energy
UAE leads discussions at BRICS Energy Ministerial Meeting on global energy transition challenges
UAE invested in renewable energy projects across 70 countries to support global energy justice
Technology
UAE, U.S. ink landmark agreement for advanced AI semiconductor purchases
The agreement will generate significant business and boost the UAE's AI ambitions
Energy
UAE-U.S. clean energy partnership aims to mobilize $100 billion by 2035
Abu Dhabi’s Masdar targets a clean energy portfolio of 25GW in the U.S. over the next decade
Banking & Finance
Abu Dhabi’s TAQA Group posts revenue of $3.9 billion for Q1 2025, up 3.8 percent YoY
The group faced a decline in EBITDA, which fell by 6.7 percent to $1.4 billion
Banking & Finance
Dubai Electricity & Water Authority (DEWA) revenue climbs 2.8 percent YoY to $1.6 billion
Company posted $135.5 million in net profit during the quarter
Logistics
Ras Al Khaimah Airport becomes first in Asia to launch breakthrough thermodynamic energy system for sustainable aviation
RAK Airport Authorities have prioritized sustainability and energy management throughout all phases of the airport’s development
Logistics
Abu Dhabi targets 400 locations for 1,000 new EV charging stations
Project supports clean mobility, reinforcing the emirate’s commitment to carbon neutrality by 2050
Energy
Abu Dhabi’s EMSTEEL launches green finance drive to cut emissions by 40 percent by 2030, supported by ING and FAB
Framework empowers company to issue green bonds and allocate proceeds to low-carbon projects
Sustainability
Environment Agency – Abu Dhabi (EAD) recovers more than 2,000 tons of bottles since launching Bottle Return Scheme
Collaboration with Sparklo led to the collection of 23 million recyclables in just one year
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