ablcc_newsletter-December 2022

74 Distinguished economic achievements made by Egypt During the celebration of the international conference and the celebration of the centenary of the Egyptian Chamber of Commerce in Alexandria, Mr. Nael Al-Kabariti, President of the Jordan chamber of commerce, appraised the distinguished economic achievements made by Egypt which are based on the vision of a conscious and rational leadership of stability, renaissance, and giant projects to bring Egypt to the position it deserves as a major magnet for global Investment. Mr. Kabariti stressed that Egypt is the pillar of stability in the Arab region and pointed out that Egypt and many other Arab countries stand on the treshold of a new, broad-minded economic phase in light of the new economic reality. Adapted from: http://kms.uac-org.org/content/uploads/ PublicationNewsletter/221017112624620~DAILY%20issue%2017-10-2022%20ar-en.jpg UAE to host Cop28 in 2023 As one of the largest and most important international events, COP28 will be held in the UAE. His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, said “Cop28 in 2023 will and must be a ‘solutions Cop” “Guided by this trust and our 30-year legacy of positive climate action, culminating in the UAE Net Zero by 2050 Strategic Initiative announced before this year’s UN Climate Conference in Glasgow, we are even more determined as a nation to forge ever stronger partnerships, and to innovate new technologies and solutions, to bring about a more sustainable future, both for present and future generations of UAE citizens, and the citizens of countries around the world”. For more than three decades, the UAE has acted with foresight in tackling climate change. The nation has shown unwavering commitment towards investment projects aimed at mitigating and adapting to climate challenges, and more importantly, creating a positive economic impact for its people. A critical player in the region, the UAE is now calling for bolder action. This October, it launched the Net Zero by 2050 Strategy, an ambitious national drive to achieve net-zero carbon emissions by 2050. Source: https://www.mofaic.gov.ae/en/mediahub/news/2021/11/2/02-11-2021-uae-cop28

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