Global port operator DP World announced £1 million grant to support the work of two finalists of the Prince William's Earthshot Award for outstanding environmental innovations.
The announcement was made during Prince William’s visit to the Earthshot Prize Innovation Showcase at the DP World Pavilion at Expo 2020.
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said the funds will be split between Bahamas-based Coral Vita and Australia-based Living Seawalls.
Prince William highlighted that the "Earthshot mission is more than just a prize. It’s a global team effort to spark urgent optimism and game-changing innovation to transform our future."
"We all understand the importance of protecting our planet," Sultan Ahmed Bin Sulayem added. "With 90 per cent of global cargo traveling by sea, it is not surprising that protecting the ocean is very close to our hearts."
Queen Rania Al Abdullah of Jordan, who joined the event via video call, said, "Every sector has a role to play public, private, philanthropic. And the bottom line could not be clearer: If we work together, everybody wins."
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
The UAE and the Democratic Republic of Congo have formalised economic ties through signing a Comprehensive Economic Partnership Agreement (CEPA) on Monday that aims to reduce tariffs and eliminate trade barriers.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages welcoming guests to the World Governments Summit 2026, running from February 3 - 5 under the theme ‘Shaping Future Governments’.
Dubai’s Roads and Transport Authority (RTA) has unveiled an autonomous electric transit system that officials say could transform urban travel and help ease congestion across the emirate.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, has announced a new Life and Biodiversity Laboratory, as part of efforts to promote conservation science and protect species from extinction.