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."
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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