A pilot project deploying solar-powered desalination technology will be launched to produce pure water for irrigation and provide a sustainable cooling option for greenhouses.
UAE-based Silal, one of the region’s largest holding companies, has partnered with Netherlands-headquartered solar thermal desalination company, Desolenator for the launch of the project.
Causing zero environmental harm, the unique project aims to contribute to the decarbonisation of food production in desert climates by significantly lowering the carbon footprint of the desalination process.
The project is supported by a AED 100 million research and development fund launched in 2022 by ADQ. The fund forms part of Growth Lab, a community of innovators across ADQ’s portfolio that realises the company’s commitment to accelerating innovation and R&D, focusing on unlocking growth opportunities, and driving value creation and sustainability across priority sectors of the UAE’s economy.
The project aims to demonstrate how innovative partnerships can address the water-food-energy nexus and model sustainable agriculture for countries worldwide. It also marks a paradigm shift in handling the vital water-food-energy nexus and is a testament to the power of collaborative innovation in advancing global sustainable development goals.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Shares in online fast-fashion retailer Shein have fell 8 per cent in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages.
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