31 August, 2020: The first virtual edition of Global WoodShow is all set to take place from 7 – 9 September, 2020. Exhibitors and visitors will be able to avail an umpteen amount of benefits such as reduced participant cost, networking with elite industry experts, promotion of brand scope and portfolio digitally, increased return of investment, direct networking and chatting opportunities between exhibitors and visitors, exclusive deals on offer and strong opportunities to close business deals with serious buyers virtually.
To ease the B2B meetings, video meetings shall be conducted through the platform which will allow the participants to easily connect and put forward their ideas and best practices. Keen exhibitors seeking an incomparable chance at attaining global exposure can launch their latest products and technologies. 24 hours of online interaction will be provided by the WoodShow portal which will cater to all your immediate inquires. For any queries, participants can interact with agents through the live chat or browse through the questions (FAQs) on the portal.
The Global WoodShow is the leading destination for wood specialists, professionals, entrepreneurs and key leaders from over the last 15 years. Their premium shows have been running successfully across Dubai, Cairo and Gabon covering Middle East, North Africa, Western and Central Africa with 100,000+ Visitors, 500+ Exhibitors and brands and 100+ participating countries.
Acknowledging the ongoing circumstances of the current global crisis creating uncertainty, travel bans and restrictions, The Global WoodShow aligns with all precautionary measures and has initiated a safe virtual exhibition to encourage business continuity and continue supporting the wood and woodworking industry. Participants can engage in a virtual business-to-business meeting place for the wood, wood accessories and woodworking machinery industry. Suppliers, manufacturers & machinery companies can showcase their products, innovative technologies, production scenarios and large-scale machinery virtually.
Mr. Dawood Al Shezawi, President, WoodShow Global Organizing Committee said, “The WoodShow promises to provide a high-quality annual business event that will offer abundant opportunities to industry professionals. It will be a valuable experience as we bring key decision makers from the industry to you. This virtual platform will gather exhibitors from countries around the world with no travel hassle. You will not only be able to interact with your suppliers safely but also open up new doors to reactivate your business.”
The Hague, November 15, 2019 – The
Dutch Fund for Climate and Development (DFCD) has officially been launched in
the presence of government officials, NGOs, investors, politicians and other
interested parties. In May of this year, the DFCD was awarded to the consortium
of Dutch development bank FMO, SNV Netherlands Development Organisation (SNV),
World Wide Fund for Nature (WWF-NL) and Climate Fund Managers (CFM). “Today’s
launch means that the DFCD is officially open for business,” said Linda
Broekhuizen, Chief Investment Officer at FMO. “The consortium is keen to
connect with innovative entrepreneurs with climate-related businesses and with
private investors keen to mobilize much-needed funding from the private sector
to join us in our mission to create a more climate-resilient world.”
Climate change is one of the
biggest challenges we face today. It is already affecting people and nature
across the globe, with developing countries being most impacted. “The poorest
communities are the most vulnerable to climate change. Poor farmers and others
at the bottom of the pyramid suffer and lose their livelihoods even with small
changes in rainfall patterns or temperature”, as Meike van Ginneken, Chief
Executive Officer at SNV explained.
There is an urgent need for
investment to enable vulnerable communities and ecosystems to adapt to climate
change. Carola van Rijnsoever, Director of Inclusive Green Growth, and
Ambassador for Sustainable Development, Dutch Ministry of Foreign Affairs,
said: „The challenge we face to help communities adapt to and mitigate the
effects of climate change is enormous, and the case for action is incredibly clear.
We cannot do this with governments alone. We need all stakeholders to be strong
enough to confront this challenge. The set-up of this consortium in which
finance and NGOs come together, is unique and uniquely positioned to do this.“
The government of The Netherlands has committed to addressing this need through
the DFCD, making EUR 160 million available in the period 2019-2022 for climate
adaptation and mitigation, of which at least 50% is earmarked for climate
adaptation projects.
DFCD is a direct response to
the increasing demand for climate adaptation projects that have to date
suffered from a lack of funding compared with mitigation efforts. Linda
Broekhuizen adds: “In 2018, USD 612 billion was invested in climate mitigation
which is important and much needed. In contrast however, only 5%, USD 30
billion, was invested in adaptation. Adaptation may have to be USD 180 billion
a year if the 2030 goal is to reach the USD 1.7 trillion as required according
to the most recent report of the Global Commission on Adaptation.”
To help bridge this funding
gap the DFCD aims to mobilize upwards of EUR 500 million from private sector
investors. Andrew Johnstone, Chief Executive Officer of Climate Fund Managers
adds: “The opportunities are there. Take water for example: 80% of the world’s
wastewater enters rivers and oceans untreated and by 2025, half of the world’s
population will be living in water stressed areas. Neither the private nor the
public sector is doing enough, but together the investment potential is enormous,
as is the impact to be delivered.”
This partnership of NGOs and
financiers seeks to develop and finance sustainable private sector solutions to
enhance resilience to the effects of climate change. These projects will boost
the health of freshwater, forest, agricultural and ocean ecosystems, and
improve water management.
“The consortium takes a
landscape approach through investing in projects which are planned in an
inclusive manner, and build on a solid understanding of the landscape,
ecosystems and communities. In this way these projects will contribute to
healthier ecosystems,” said Kirsten Schuijt, Chief Executive Officer of WWF-NL.
“New and incredibly exciting in this consortium is that there is early-stage
funding available to convert adaptation opportunities into bankable
projects.”
WWF and SNV take on the key
role of developing climate-relevant projects from an early-stage idea to a
bankable business case. Climate Fund Managers and FMO provide investment
capital, delivering projects to full operations. This combination of
early-stage involvement with full life-cycle funding will ensure lasting,
long-term impact that contributes to the Paris Agreement and the United
Nation’s Sustainable Development Goals (SDGs).
Interested parties can contact
the DFCD through: www.thedfcd.com.
In picture from left to right the DFCD partners at the official launch event in The Hague: Andrew
Johnstone, CEO of Climate Fund Managers, Kirsten Schuijt, CEO of WWF-NL, Linda Broekhuizen, CIO
of FMO, Albert Bokkestijn, project manger DFCD at SNV, Carola van Rijnsoever, Director of Inclusive
Green Growth, and Ambassador for Sustainable Development, Dutch Ministry of Foreign Affairs.
In
picture from left to right the DFCD partners at the official launch event in
The Hague: Andrew Johnstone, CEO of Climate Fund Managers, Kirsten Schuijt, CEO
of WWF-NL, Linda Broekhuizen, CIO of FMO, Albert Bokkestijn, project manger
DFCD at SNV, Carola van Rijnsoever, Director Inclusive Green Growth, and
Ambassador Sustainable Development, Dutch Ministry of Foreign Affairs.
On
November 14, 2019, Mr. K.V. Kamath, President of the New Development Bank
reported to the Leaders of Brazil, Russia, India, China and South Africa during
the 11th BRICS Summit in Brasilia, Brazil.
“Thus far, the NDB has approved 46 projects
for USD 12.8 billion in our member countries. By the end of this year, we
expect the approvals to reach about USD 15 billion. In 2020, we are targeting
approvals of USD 8-10 billion,” said Mr. K.V. Kamath.
“We are measuring the impact of our work through our contributions to the achievement of the Sustainable Development Goals that our members have committed to. We are also supporting projects that address some of the core developmental needs in our member countries, as articulated in their development agendas,” said the NDB President.
Mr. K.V. Kamath highlighted operations
of the Bank in its member countries:
In Brazil, the NDB is supporting improved physical connectivity of remote areas to logistical hubs while simultaneously laying the infrastructure for enhanced digital connectivity.
In Russia, in addition to financing infrastructure that will conserve and improve accessibility to historic and cultural centers, the Bank is moving into new areas such as bringing digital technologies to the judicial system, expanding higher education and supporting railway sector.
In India, the NDB is investing in improving connectivity of rural areas to markets and opportunities, as well as in better management of water resources.
In China, the Bank is contributing to the rehabilitation and restoration of environmental assets that were adversely impacted during the phases of rapid growth and lending for innovative green technologies.
In South Africa, the NDB is assisting energy and water projects, two areas that are at the heart of the country’s economic and social challenges.
“NDB has thus far received USD 5.6 billion in
capital, including advance payments of the fifth instalment by China and
Russia. We expect to receive the balance USD 900 million of the fifth
instalment from our other three members by January 2020,” stated the NDB
President.
“The Bank’s Africa Regional Center in
Johannesburg has proved that on-the-ground presence makes a big difference to
our work. Our Brazil office is already staffed and ready to open and we await
completion of necessary formalities. Preparations for our office in Moscow are
at an advanced stage and we will open this office early next year. We will
follow that up with our Delhi office in the first half of 2020,” added Mr.
K.V. Kamath.
“Going forward, the Bank is capable of
sustaining between USD 8-10 billion of annual lending. With the initial USD 10
billion of capital that has been provided to it by the founding members, by
2027, the Bank can achieve a total asset book of about USD 50 billion.”
“As and when the decision is taken to admit
new members to the Bank, and capital from these new members is received, the
Bank can grow further. Under this scenario, it can achieve a total asset book
of about USD 90 billion by 2027,” projected the NDB President.
Background Information
The NDB was established by Brazil, Russia,
India, China and South Africa to mobilize resources for infrastructure and
sustainable development projects in BRICS and other emerging economies and
developing countries, complementing the existing efforts of multilateral and
regional financial institutions for global growth and development. To fulfill
its purpose, the NDB will support public or private projects through loans,
guarantees, equity participation and other financial instruments. According to
the NDB’s General Strategy, sustainable infrastructure development is at the
core of the Bank’s operational strategy for 2017-2021. The NDB received AA+
long-term issuer credit ratings from S&P and Fitch and AAA foreign currency
long-term issuer rating from Japan Credit Rating Agency (JCR).
The 17 Sustainable Development Goals (SDGs) were first established at the United Nations General Assembly in 2015 by 193 world leaders, with a commitment to ending global poverty, reducing inequalities and tackling climate change by 2030. With only 10 year’s left to achieve the SDGs, a high-level international forum – SDGs Impact Summit – has been conceptualised with a special focus on unlocking the innumerable potential of a collaboration between the Global North and South in accelerating action on the SDGs. Hosted and spearheaded by the Global South, the first edition of the Summit will bring the focus to India, the world’s youngest and second most populous country, and takes place on 15th and 16th of November at Taj Palace Hotel in New Delhi.
Whilst the Global North holds one quarter of the world’s
population but controls four-fifths of the world’s income, the Global South
inversely bears three quarters of the world’s population with access to only
one fifth of the world’s income. As two separate and independent entities, the
Global North and Global South houses the resources and capability to solve the
world’s most prevalent issues, yet this remains firmly locked and restricted by
the lack of interconnectivity and collaboration by the two. By bringing the
Global North and Global South together as one force with a common blueprint,
the SDGs Impact Summit aims to bridge this economic and resource divide, by
connecting borders, unleashing innovation and localising solutions to address
complex world issues and explore solutions to achieve the SDGs by 2030 and
unlock a truly global alliance for good.
The Summit will convene a cross-sector, cross-continental
collaboration between a dynamic and unusual coalition of leaders and
changemakers across business, celebrity, polity, academia, NGOs and activists.
Together they will inspire on-ground action by encouraging constructive and
open dialogue, story-telling and lesson sharing, which will in turn help to
galvanise the formation of partnerships from individuals and organisations
within the Global North and South, committed to accelerating progress to
achieving the SDGs by 2030.
The Summit will include Plenary and Speed Talk Sessions as
well as a Hackathon in search of the next generation of disruptors. Audiences
within and beyond the Global South will be encouraged to mobilise action to
address some of the pressing issues of the decade including climate change, inequality,
poverty, hunger, gender equality, education and government accountability,
broadly segmented into four thematic areas – People, Prosperity, Planet and
Partnerships.
The World We Want is Founded by Natasha Mudhar, an SDGs
campaigner and advocate, who was also appointed India Director of Project
Everyone, an organisation co-founded by filmmaker Richard Curtis to launch and
popularise the SDGs when they were launched in September 2015, to 1.3bn people
in India. Speaking ahead of the global announcement for the SDGs Impact Summit,
Natasha said: “Currently, the discourse surrounding achieving the SDGs has
been predominantly hosted by the West, which has somewhat limited the offering
of the Global South. Without support and engagement from the South, the
achievement of the SDGs will not be possible.
“We are living in an era by which the resources to ensure
the sustainable future of our planet and human race are available. Yet these
resources cannot be fully utilised until we explore the true potential of
cross-sector collaboration, where the North meets South, East meets West,
private sector meets public, business meets government, innovation meets
investment and entrepreneur meets activist. The Summit will provide an
interactive stage to the international rule breakers, problem solvers,
storytellers, thought shapers and renegades with a cause who are committed to
achieving the Sustainable Development Goals by 2030 and will unlock
unimaginable possibilities between the Global North and South. The vision
behind this Summit is to become the blueprint and facilitator for change as we
move into the final decade of delivery from 2020.”
The SDGs Impact Summit will coincide with the launch of key
initiatives to inspire advocacy and SDGs action.
The World We Want has conceptualised a 10-year grassroots
plan starting in 2020 and begin-ning in India before rolling out to other
Global South countries, to support the nation to acceler-ate its progress in
achieving its targets by 2030. Agenda 2030 India will focus on
cultivating cross-sector collaborations between corporates, celebrities, NGOs,
young changemakers, aca-demia and policy officials through the launch of SDGs
Hubs. Each Hub will be aligned to specific SDGs, SDGs targets and the
government’s national and local agendas. The coalition members will raise
awareness of the SDGs targets, leverage their networks to demonstrate action,
show-case inspiring stories and mount a disruptive campaign to build a demand
for change.
Hello! India Magazine will publish a special issue, Power
of Giving on stands in January 2020, marking the countdown to a Decade of
Delivery. The special edition issue will be aligned to SDGs and will spotlight
the world’s most impactful thought-leaders and changemakers across multiple
sectors. The special edition will coincide with the Hello! India Power of
Giving Gala Ball & Changemakers Awards.
The World We Want with partners Global Goals World Cup, will
organise a special mixed gender celebrity version of the flagship football
match for SDG5: Gender Equality in 2020.
“We are not content with a singular event to pedal the
success of the goals. The SDGs Impact Summit has been conceptualised to be a
clarion call for an ongoing strategic plan of action across the proceeding
decade. The SDGs can only be achieved with continuous calls to action, which
can be achieved as the Summit takes place on an annual basis. One single sector
cannot possibly solve the world’s problems by themselves, but a universe of
stakeholders in tandem can”, Natasha added.
To register your interest to partner or to attend, log onto sdgsimpactsummit.com
The SDGs
Impact Summit is a high-level international forum with a special focus on
unlocking the innumerable potential of a collaboration between the Global North
and South in accelerating action on the Sustainable Development Goals (SDGs).
Whilst the Global North holds one quarter of the world’s population and
controls four-fifths of the world’s income, the Global South inversely bears
three quarters of the world’s population and has access to only one fifth of
the world’s income. The SDGs Impact Summit has been specifically conceptualised
to bridge this economic and resource divide, by unlocking borders, unleashing
innovation and localising solutions to address complex world issues and explore
solutions to achieve the SDGs by 2030. The multi-sector event will convene a
dynamic coalition of sector leaders and changemakers across business,
celebrity, polity, academia, NGOs and activists to encourage on-ground action
through Plenary and SpeedTalk sessions, Hackathons, SDGs Marketplace and other
impactful activities. The annual summit will be an interactive space for
coalition building and to galvanise action within and with the Global South to
address some of the pressing issues of the decade including climate change,
inequality, poverty, hunger, gender equality, education and government
accountability, broadly segmented into four thematic areas– People, Prosperity,
Planet and Partnerships.
About The
World We Want
The World We Want (WWW) is a global impact enterprise working with organisations and individuals to accelerate the progress to achieving the UN’s Sustainable Development Goals by 2030. WWW aims to utilise its global reach and expertise to convene governments, corporations, celebrity and popular culture. government, campaigners, civil society, individuals and not for profits, leveraging ideas, networks and technologies to bring visions to life and create sustainable solutions. The World We Want will be powered by “Accelerator” ventures aligned to the Sustainable Development Goals, with a focus on convening leading organisations, corporations, public figures including celebrities, campaigners and thought leaders around the world to awaken social consciousness and drive meaningful change. Ventures include using expertise to help organisations add real meaning to the lives of stakeholders, identifying and developing the change makers of the future, empowering the world’s citizens through supporting open data policies, harnessing the power of celebrity and pop culture to entertain and inspire audiences and supporting critical impact projects through an ethical investment fund. With an international team, WWW has been co-founded by Teji Singh and Natasha Mudhar, seasoned entrepreneurs with a commitment to doing well, by doing good. They are also the driving force behind the award-winning global business and communications consultancy Sterling Group.
6 November 2019 Leading employee benefits provider, Unum, hosted an event yesterday (5th November) to highlight how important it is for employers to provide the right support for employees impacted by cancer throughout their journey from diagnosis through treatment to recovery and possible return to work.
Employers play a vital role in supporting employees with cancer, says Unum
Guest speakers included former BBC presenter, and current
Classic FM host, Bill Turnbull. Bill talked openly about his ongoing battle
with prostate cancer, after being diagnosed in 2017, and how it has affected
him both personally and professionally.
It is an accepted fact that now one in two people in the UK will get cancer in their lifetime[1]. In the context of an ageing work force, 125,000 of working age adults are diagnosed with cancer annually[2], meaning that cancer is becoming an issue which will impact most businesses whatever the size.
In 2018 cancer was the top cause of long-term sickness absence
claims paid by Unum.
Upon returning to work, Unum’s research found that 28% of
workers with cancer, or who have had cancer, said they didn’t receive any
support, or the support they did receive fell below their expectations when
they were at work following their diagnosis.
84% agreed their loyalty towards employers could have been
influenced by the amount of support they received, and 3 out of 4 workers
worried about the cost of cancer and how their families would cope with loss of
income if they had to give up work.
A panel of corporate wellbeing and cancer care specialists,
moderated by Unum’s HR Director Liz Walker, discussed that the key issues
affecting employees include dealing with the feeling of fear that comes after a
cancer diagnosis; fear of losing their job and fear of not being able to
support themselves. Employees can also struggle with the lasting physical effects
of cancer treatment after returning to work, including fatigue, as well as lack
of confidence from being out of the workplace for a period of time.
The panel also highlighted that what can affect employers
and line managers the most is speaking about a cancer diagnosis with an employee.
This can be a sensitive and challenging conversation and one which they have
not always been trained for, which could mean they struggle to provide the
support needed.
Employers can help by ensuring that the right support is
put in place to help the employee throughout their treatment and possible
return to work. The panel agreed that one effective way of doing this is to
ensure all guidelines and advice relating to cancer are available in one place,
easily accessible to both employees and employers.
Unum is enhancing the cancer support it offers through its Critical
Illness cover, including the introduction of Unum’s ‘Cancer Pathway’, which
provides consultation assistance to patients, helps with managing symptoms, a
medical concierge, and psychological and post-treatment support.
Vocational Rehabilitation Consultants (VRCs) are also available
to work closely with employers to put together a plan to help recovering employees
return to work when they’re ready to do so.
Help@hand, Unum’s new app powered by Square Health, gives
employees access to enhanced health support and is available with Unum’s Group
Income Protection policies at no additional cost. Four key services are
available to employees and their families through Help@hand: a remote GP
service, a second opinion, mental health support and physiotherapy. The second
opinion service can be particularly important after an initial cancer diagnosis
to ensure an employee receives the most effective treatment, tailored to their
unique needs. Help@hand provides access to specialist consultants who can offer
either a face to face or video consultation.
After the panel discussion, speakers and attendees
networked with the Unum team as well as Unum’s support service providers and
partners including reframe (formerly HSC), a UK provider of specialist cancer
support, and Maggie’s, a charity that offers free emotional and practical help for
people with cancer and their families.
Bill Turnbull says: “It’s
been two years since my diagnosis and my life has changed forever. While I’ve
had my ups and downs, it’s been the support of those around me who have helped me,
and this extends beyond my family and friends to include my employer and colleagues
at work. I think being able to go back to work is a huge part of being able to
feel normal again. It’s vital that employers understand how important the
support they provide to their employees with cancer is in helping them cope and
live with this disease”.
Peter O’Donnell, CEO of Unum says: “As we live and work
longer, the reality is that more and more of us will face a cancer diagnosis at
some point in our working lives. Employers play an important role in supporting
employees as they face the financial, emotional and professional obstacles a
cancer diagnosis can bring. Unum’s
enhanced critical Illness product and the unique Cancer Pathway provides quick
and easy access for employers and employees to cancer support upon diagnosis,
through treatment and recovery – whenever it is needed.”
Unum is a leading
employee benefits provider offering financial protection through the workplace
including: Income Protection, Life insurance, Critical Illness, and Dental
cover.
Our Income
Protection customers have access to medical and vocational rehabilitation expertise
designed to help people stay in work and return to work following illness and
injury. Unum LifeWorks, our Employee Assistance Programme, provides help and
advice on a range of work/life issues.
Our Critical
Illness customers can access our Cancer Support
Service, providing personalised support for employees with
a cancer diagnosis.
We are
committed to workplace wellbeing for both employees and employers. We have a
wide range of tools designed to help businesses create or enhance their
employee wellbeing strategy, including our Mental Health
Pathway and Wellbeing Calendar.
At the end of
2018, Unum protected 1.4 million people in the UK and paid claims of £314
million – representing in excess of £6 million a week in benefits to our
customers – providing security and peace of mind to individuals and their
families.
Our parent
company, Unum Group, is a provider of employee benefits products and services
in the United States, including group and individual disability insurance.
Premium income for Unum Group and its subsidiaries totalled $9.0bn in the year
ended 31 December 2018, with reported revenues for the group totalling $11.6bn
and total assets of $61.9bn.
A.M Best has
given all rated Unum Group companies an Excellent rating for Financial
Strength, with a stable outlook.
Unum Limited
is authorised by the Prudential Regulation Authority and regulated by the
Financial Conduct Authority and the Prudential Regulation Authority. Unum
Dental is a trading name of Unum Limited. Registered in England 983768.
Unum is a leading employee benefits provider offering financial
protection through the workplace including: Income Protection, Life insurance,
Critical Illness, and Dental cover.
Our Income Protection customers have access to medical and vocational
rehabilitation expertise designed to help people stay in work and return to
work following illness and injury. Unum LifeWorks, our Employee Assistance
Programme, provides help and advice on a range of work/life issues.
Our Critical Illness customers can access our Cancer Support Service, providing personalised support for
employees with a cancer diagnosis.
We are committed to workplace wellbeing for both employees and
employers. We have a wide range of tools designed to help businesses create or
enhance their employee wellbeing strategy, including our Mental
Health Pathway and Wellbeing
Calendar.
At the end of 2018, Unum protected 1.4 million people in the UK and paid
claims of £314 million – representing in excess of £6 million a week in
benefits to our customers – providing security and peace of mind to individuals
and their families.
Our parent company, Unum Group, is a provider of employee benefits
products and services in the United States, including group and individual
disability insurance. Premium income for Unum Group and its subsidiaries
totalled $9.0bn in the year ended 31 December 2018, with reported revenues for
the group totalling $11.6bn and total assets of $61.9bn.
A.M Best has given all rated Unum Group companies an Excellent rating
for Financial Strength, with a stable outlook.
Unum Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Unum Dental is a trading name of Unum Limited. Registered in England 983768.
UAE-India Economic Forum 2019 wraps up
the 5th edition gracefully.
Dubai, 5th November, 2019: The 5th Edition of UAE India
Economic Forum observed a grand opening at Waldorf Astoria, Dubai International
Financial Centre on Monday, 4th November with the participation of
High Dignitaries and Officials, leading experts and leaders from the two
nations.
India’s partnership with the UAE is
set to play a key role in its march towards the ambitious goal of becoming a
$5-trillion economy by 2022, Abdullah
Ahmed Al Saleh, Undersecretary for Foreign Trade and Industry, Ministry of
Economy, said on Monday.
Addressing the opening session of the UAE-India
Economic Forum organized by BusinessLive Middle East, Al Saleh said the strong
bilateral ties are the result of :the political will articulated by both
governments,” and their sustained efforts to work together for the mutual
benefit.
Al Saleh said the recent meeting of the UAE-India
High Level Joint Task Force on Investments, which is a platform to communicate
mutual requirements and vision for the future, has played a key role in
boosting bilateral investments and cooperation.
“With Expo 2020 around the corner, we will
witness India’s commitment with one of the largest pavilions, which is a
testament to the value the country puts to promoting bilateral economic
relations,” he said.
Al Saleh said the UAE is the largest Arab investor
country in India, accounting for 81.2 per cent of total Arab investments. The
UAE investments into India’s $2.8 trillion economy are estimated to be around
$10 billion including foreign direct investment of almost $5 billion.
“The UAE hosts the largest Indian community
overseas and their annual remittances are estimated to be more than $17
billion, which is 38 per cent of the total outflow,” he said.
“As both countries remain keen as ever to
strengthen the trade dialogue, recently, an ambitious project – the India -UAE
food corridor – was launched with the plan to benefit two million farmers and
create an additional 200,000 jobs across India, due to cumulative investments
of more than $7 billion by the UAE in the next three years,” said Al
Saleh.
Among the dignitaries present at the day-longs
sessions were Vipul, Consul General of
India in Dubai; Fahad Al Gergawi; Chief Executive Officer; Dubai FDI; and Jamal
Al Jarwan; Secretary-General; UAE International Investors Council; and Ali Ibrahim;
Deputy Director-General; Dubai Economic Development, according to Poonam
Chawla, Associate Publisher, BusinessLive Middle East.
Poonam Chawla said the UAE-India Economic Forum 2019
was a great success as it highlighted the areas of cooperation between the UAE
and India. “It helped to throw light on how this historic bilateral
relationship has been elevated to a strategic partnership while creating new
opportunities in various fields like IT, trade, food, smart cities, banking and
fin-techs, renewable energy and startups,” Poonam said.
According to the UN Conference on Trade and Development, the FDI to the UAE rose by eight per cent to $10.4 billion in part due to rising cross-border mergers and acquisitions sales, making the country the largest source of FDI in 2017 for the Arab region (at 36 per cent of total FDI inflow). India is UAE’s second-largest trade partner today and the UAE has become India’s third-largest trading partner, with the total non-oil trade between the two countries recorded at $35.9 billion in 2018.
A special mention to the UAE-India Economic Forum
2019 sponsors “Ajman Free Zone” and “Galadari Advocates and Legal Consultants”.
In the 5th
Edition of the UIEF delegates brainstormed on new opportunities for
partnerships with sessions on infrastructure, banking and finance, fin-tech,
healthcare, food corridors, smart cities and start-ups. The UAE-India Economic
Forum also felicitated government and industry leaders, who have worked towards
nurturing ties between the two nations, with the Qadat Al Tagheer Awards.
Over 150 business and finance leaders
from the UK and India are to attend the first meeting of the new
UK-India Sustainable Investing Forum at London’s
Guildhall on Thursday 7th November.
Dr Mohan Kaul, President of the Indian Professionals Forum
The event, convened by the
India Professionals Forum, the City of London,
and the High Commission of India, will bring together leaders in the field of
sustainable investment from the UK
and India to work together
to advance and scale the sustainable finance market in India.
For India, the Forum provides an
opportunity for a rapidly emerging nation to increase the green investment it
needs to achieve sustainable growth. For the UK
it represents a further opportunity to deepen ties with friends and economic
partners outside Europe in a post-Brexit world and an opportunity to help
tackle another of the UK’s
biggest priorities – the global green agenda.
Speakers at the first Forum
will include Lord Mayor of London Peter Estlin; High Commissioner of
India Her Excellency Mrs Ruchi Ghanashyam and Lord Ahmad, Minister of State for
the Commonwealth, the United Nations and South Asia.
Sir Roger Gifford, Chair of the Green Finance Institute,
will deliver a keynote on the City of London
as a global centre for sustainable and green finance, focusing on building a
global approach and leveraging synergies between global public and private
networks. Lord Gadhia, Director of UK Government Investments, will chair a
session on sustainable investing standards and practices with a view to
engaging global stakeholders.
Lord Mayor of London Peter Estlin said:
“The UK
and India
are pioneers in green finance and responsible business best practices. We are
excited about the launch of the UK-India Sustainable Investing Forum to support
the greening of India’s economic growth story and drive forward our partnership
for years to come.”
India Professionals Forum President Dr Mohan Kaul said:
“India’s
sheer size and rapid growth provides challenges to delivering sustainable
economic solutions. Yet despite these challenges, India’s policy makers and
industry leaders vie to show leadership in combating climate change and meeting
UN Sustainable Developmental Goals in many of their developmental schemes.
Meanwhile, the City of London
– at the heart of delivering financial solutions for strong, sustainable and
balanced growth – aims to have a comprehensive approach to greening financial
systems, and mobilising finance for clean and resilient growth.
By bringing leaders from the UK
and London together we hope
to open up new opportunities for green investment.”
Other prominent business
leaders and investment experts speaking at the Forum include Howard Sherman,
Executive Director of MSCI ESG Research; Tatiana Boroditskaya, Director
Emerging Market Credit, UBS; Loknath Mishra, Managing Director and CEO, ICICI
Bank UK; Srini Sundaram, Founder and CEO, Agvesto; and Manish Malhotra, AVP and
Head FinTechs, Infosys.
Among topics to be discussed
at the Forum are sustainable investing in India’s emerging environmental,
social and governance (ESG) asset class; partnering to achieve sustainable
goals; sustainability strategies for Indian trade and infrastructure
investment; India’s Clean Ganges Sustainable Infrastructure Programme; and the
regulatory, market and fintech developments required to catalyse sustainable
investing solutions, unlock market efficiencies and drive scale for the next
generation.
The Sustainable Investing Forum is free to attend for members of the Indian Professionals Forum and by invitation only by registering here: https://www.ipforum.net/
2. The Indian Professional Forum (IPF) is a non-profit think tank for diaspora related policy advocacy and a member’s club that promotes networking and professional development for Indian Professionals. Set up with the support of the High Commission of India, members are invited from a cross section of society including academics, artists, scientists, engineers, business and entrepreneurs. IPF provides a collective voice and framework to the contribution they make to the UK economy and strengthen their participation in the mainstream of society as well as help in identifying opportunities to contribute towards the development of their community, India and India-UK relations. IPF will recognise the work of young professionals and encourage members to participate in high level policy advocacy and help in identifying such opportunities. Through its membership IPF aims to focus on creating an interesting, influential and thought provoking think tank that acts as a fount for insightful policy ideas and community leadership. More information at https://www.ipforum.net/
Dubai, 5 November 2019: The Organising Committee of World
Tolerance Summit acknowledged the growing support for the upcoming event, and
appreciated the participation of more sponsors.
Ahmad Almansoori
H.E. Dr. Hamad Al Shaikh Ahmad Al Shaibani
The two-day World Tolerance Summit (WTS) held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, will be held at Madinat Jumeriah Conference and Events Centre on 13-14 November, and is themed ‘Tolerance in Multiculturalism: Achieving the Social, Economic and Humane Benefits of a Tolerant World’.
The new sponsors of the summit, an initiative of the International Institute for Tolerance (IIT), a part of
Mohammed Bin Rashid Al Maktoum Global Initiatives,
include Ministry of Interior, Ministry of Human Resources & Emiratisation,
Department of Community Development Abu Dhabi, Dubai Media Incorporated, and Tik
Tok MENA among others.
Lt-General Saif Abdullah Al Shafar, Undersecretary of the
Ministry of Interior, affirmed the ministry’s keenness on the directives of HH
Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister
of Interior to participate and strengthen collaborations with ministries,
government and private bodies for the comprehensive development of the nation. He
said, “We are delighted to participate in the summit that underscores the values
of security, peace, coexistence and tolerance, the qualities that are instilled
in us by the late Sheikh Zayed bin Sultan Al Nahyan Al Nahyan.”
Meanwhile, Dr Hamad Al Shaibani, Managing Director of IIT and
Chairman of the Higher Committee of the WTS, thanked the great role played by the
wise government led by His Highness Sheikh Khalifa bin Zayed Al Nahyan,
President of the UAE, and appreciated the support of the sponsors for the
two-day global summit to promote tolerance, peace and harmony across the globe.
Ahmed Saeed Al Mansouri, Executive Director of radio and television
division at Dubai Media Incorporated (DMI), said that the sponsorship for
second edition of WTS embodies the vision of all radio, print and TV channels
under the DMI. He said, “Our media partnership with the WTS is in line with the
strategic objectives of the Government of Dubai that underlines the vision of
His Highness Sheikh Mohammed bin Rashid Al Maktoum Deputy Ministers, Ruler of
Dubai for having constant cooperation between government departments and other
institutions in the UAE.
“We would also want to be part of creative initiatives that
can highlight UAE as the global capital of tolerance aimed at deepening the
values of tolerance, dialogue, acceptance of others and openness to different
cultures.”‘
He added that Dubai TV, with its radio, television and
digital channels, will have a dedicated crew to cover the two-day summit.
Meanwhile, Nora Al Marzouqi, Assistant Undersecretary for Policy
and Strategy Affairs at the MoHRE, said that the summit reflects the stand of
the UAE society, whose foundations are based on a set of principles and values
that focus on respect and empowerment of human beings. She also lauded the
efforts of IIT and organisers of WTS.
Gita
Ghaemmaghami, Regional Communications Director at TikTok MENA, another sponsor
of the WTS, said: “As the leading destination for short-form mobile video, our
mission in the UAE and wider region is to inspire creativity and bring joy
through TikTok. In line with the UAE’s Year of Tolerance, through our platform
we continuously aim to spread positivity that celebrates diversity. This is why
we are extremely excited to partner with the 2019 World Tolerance Summit and
look forward to constantly empowering people in the UAE to express their
creativity by capturing and sharing moments that matter in their lives.”
1. RTA –
Strategic Partner of IIT initiatives, including World Tolerance Summit
2. Office
of Minister of Tolerance
3. Ministry
of Interior
4. Ministry
of Foreign Affairs & International Cooperation
5. Ministry
of Human Resources and Emiratisation
6. Dubai
Police
7.
Department of Community Development Abu Dhabi
8. Emirates
Real Estate Solutions
Media Partners: Dubai Media Incorporated, NBC Group & Tik
Tok MENA
Note to editors
World Tolerance Summit, started in 2018, is a first of its
kind event in the region that brings together more than 2000+ delegates,
including government representatives, peace experts, youth, men and women from
more than 105 countries to promote the concept of tolerance as a language of
understanding and dialogue across the globe.
Organised by Strategic Exhibitions and Conferences, WTS 2019
is in line with the declaration of 2019 as Year of Tolerance by the President,
His Highness Sheikh Khalifa bin Zayed Al Nahyan.
Strategic Exhibitions and Conference: Since its inception in
2000, Strategic Exhibitions & Conference is
the trusted partner for many government entities in developing and managing
high-profile conferences and events in the UAE. We are associated with Annual Investment Meeting, World Tolerance Summit, Global Investment in
Aviation Summit, International Property Show, Dubai Investment Week and many
more.
