An 800-room Dubai hotel was able to prevent up to 1.4 million plastic bottles from going to landfill in one year after it started to supply filtered drinking water on-site rather than bottled water.
Issam Kazim, chief executive of Dubai Department of Tourism and Commerce Marketing, said the resort had been churning through 117,000 500ml plastic bottles a month before the sustainability move.
At Climate Future Week in Dubai on Tuesday, Mr Kazim said it even installed a bottling plant to help distribute refillable glass bottles of water to each room.
While the hotel was not named or more details revealed, statistics provided at the event showed the hotel could be able to prevent as much as 116 tonnes of CO2 a year from entering the atmosphere because of the switch to filtered water.
The switch was part of the Dubai Can initiative, a major Dubai campaign launched in 2022 that saw water fountains installed across the city to cut down on single-use plastic waste, encourage the use of refillable water bottles and enhance the emirate’s sustainability.
“By reducing the consumption of single use plastic bottles, Dubai Can aims to significantly decrease plastic waste in the city leading to a substantial reduction in carbon emissions and environmental pollution,” Mr Kazim told attendees.
“Dubai Can has achieved substantial cost savings for businesses through the installation of water filters.”
It came during the opening day of Climate Future Week. The five-day event encompasses talks, workshops, films and art exhibitions to examine climate change. UAE ministers, experts and those with solutions to the crisis are expected to address the event over the next several days.
“I don’t need to reiterate the importance [of the issue] and the risk we are all facing,” said Khalfan Belhoul, chief executive at Dubai Future Foundation. “This is a serious topic and we all understand that.”
Laila Mostafa Abdullatif, director general at Emirates Nature – WWF, told attendees she believed one of the reasons why the climate crisis had gone unrestrained for so long is that people failed to see the impact of human activity on the planet in real time.
She said this was brought home to her on a recent expedition to Greenland’s ice sheets. Over the past 30 years, scientists say Greenland's contribution to global sea levels has grown significantly as ice is lost due to global warming.
“The most shocking thing I experienced in Greenland wasn’t necessarily the data or charts. It was the sound of massive pieces of ice that were crashing into the sea time and time again,” said Ms Abdullatif.
“This highlights the raw power, sheer scale and urgency of climate change. When you are in a situation like that, you really start to think about the impact your daily actions have around the globe.”
Among the other speakers on Monday were Najib Saab, Secretary General of the Arab Forum for Environment, who spoke about regional challenges from water scarcity to carbon footprint; Toby Gregory, who rowed across the Atlantic and raised awareness of marine pollution; and Alzainah Albabtain, an organic gardener from Kuwait.
“People were questioning: ‘What’s next?’” said Mr Gregory, after his epic trip across the ocean ended in 2023. “We knew we had to do something.”
For the UN climate talks to take place in the UAE later this year, he has launched a fresh drive called Row to Cop28, where everyone from business leaders to students can join in rowing the boat around the country's coast in advance of the summit to raise awareness of climate change.
Mr Gregory is also behind the “the plastic pledge” which tries to galvanise people and companies in cutting plastic use.
“Everywhere I go now you see plastic pollution. It really is a scourge of society,” said Mr Gregory.
“It is not the only problem the world faces but we can't tackle everything all the time.”
Meanwhile, Omar Al Olama, Minister of State for AI, Digital Economy and Remote Work Applications, and Thani Al Zeyoudi, Minister of State for Foreign Trade, are set to address the conference on Wednesday and it culminates on Saturday with an event to mark the two-month countdown to Cop28.
Dr Sultan Al Jaber, Cop28 President-designate, UAE Special Envoy for Climate Change and Minister of Industry and Advanced Technology, is scheduled to speak about the build-up to the crunch UN climate talks along with Razan Al Mubarak, UN Climate Change High-Level Champion for Cop28.
Cop28 takes place at Expo City Dubai from November 30 to December 12 where leaders will gather to tackle the escalating climate emergency.
“Cop28 is a Cop for action,” said Mr Belhoul. “Let’s hope the contribution of this series of events can contribute to the action of Cop28.”
Climate Future Week runs until Saturday and is organised by the Museum of the Future in collaboration with the Fiker Institute. It also includes a regional climate photography exhibition and film festival.
Dubai Can – in pictures
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Tips to stay safe during hot weather
- Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
- Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
- Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
- Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
- Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
- Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
- Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
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Profile
Name: Carzaty
Founders: Marwan Chaar and Hassan Jaffar
Launched: 2017
Employees: 22
Based: Dubai and Muscat
Sector: Automobile retail
Funding to date: $5.5 million
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Director: Sriram Raghavan
Producer: Matchbox Pictures, Viacom18
Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan
Rating: 3.5/5
UAE squad
Esha Oza (captain), Al Maseera Jahangir, Emily Thomas, Heena Hotchandani, Indhuja Nandakumar, Katie Thompson, Lavanya Keny, Mehak Thakur, Michelle Botha, Rinitha Rajith, Samaira Dharnidharka, Siya Gokhale, Sashikala Silva, Suraksha Kotte, Theertha Satish (wicketkeeper) Udeni Kuruppuarachchige, Vaishnave Mahesh.
UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – First ODI
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I