sustainable development

  • Abu Dhabi fund finances Pakistan sustainable development projects worth $408m

    The Abu Dhabi Fund for Development (ADFD), the leading UAE entity for development aid, has supported Pakistan with grants and concessionary loans valued at AED 1.5 billion (around US$ 408 million) to date, across nine sustainable development projects. The projects spanned diverse sectors, most notable transport, water and agriculture, healthcare, and education.

  • Airbus, Rolls-Royce and Siemens collaborate in ambitious effort to develop electric aircraft

    Three multinational conglomerates have agreed to collaborate in an ambitious attempt to develop electric aircraft. Airbus, Rolls-Royce and Siemens have announced that the partnership has been created in an effort to accelerate the development and subsequent deployment of hybrid-electric propulsion for commercial aircraft.

  • China to lead global autonomous vehicle market valued at $1 trillion

    A UK-based financial services firm has claimed that China has stolen a march on other countries, and will lead the global autonomous vehicle market, which is expected to be worth around $1 trillion by 2040. IHS MARKIT has suggested that China will spearhead the self-driving revolution and said that the country had already embarked upon a number of initiatives aimed at establishing itself as the major player in the emerging industry.

  • DEWA’s EV Green Charger fosters sustainable, smart mobility

    The EV Green Charger initiative, launched by Dubai Electricity and Water Authority (DEWA), provides a network of electric vehicle chargers across Dubai, supporting the efforts of offering innovative and sustainable transport solutions as part of the Dubai Green Mobility Strategy 2030. This also contributes towards carbon emission reduction in the transportation sector.

  • Facebook file patent application for its development of futuristic ‘smart glasses’

    Social networking colossus Facebook has announced that it is attempting to make a 'technical 'breakthrough in relation to developing and manufacturing futuristic 'smart glasses' specifically designed to allow you see to see virtual objects in the real world.