Page 228 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)

11/3/25, 8:27 AM MoET and Expo City Dubai launches UAE’s first Green Innovation District - Arabian Business: Latest News on the Middle East, Rea…

In addition, Expo City’s city-wide testbed provides a real urban environment to
   
trial and scale nature-first ideas with global impact, creating competitive
advantages for businesses by boosting resource efficiency and supporting

innovation and collaboration. Many companies focused on clean energy and
decarbonisation – including ENGIE, Siemens Energy, Nestlé, DS Energy, Carbon

Assurance, Carbon Standard and DNV – have already established operations in
the city.

Reem Al Hashimy, UAE Minister of State for International Cooperation and CEO

of Expo City Dubai Authority, added: “The Green Innovation District builds on

Expo City Dubai’s myriad of sustainability credentials to cultivate an
interconnected community operating on a circular economy model. It speaks to

our core purpose – to drive meaningful change that maximises our
environmental, social and economic impact – and will become a highly

attractive destination for eco-conscious businesses worldwide and contribute
significantly to both national prosperity and global climate action.”

Global collaboration

Intesa Sanpaolo – one of the largest banking groups in the Eurozone and the
only Italian bank with a presence in the UAE – will be a strategic partner in

developing the Green Innovation District. It is a pioneer in circular economy
finance, with more than EUR14 billion already disbursed at the global level.

Nestlé, the world’s largest food and beverage company, will support through the

transfer of knowledge and technical expertise. Building on its global legacy in
research, development and innovation, the company will contribute to the

District’s mission of fostering sustainable industrial growth, advancing circular
economy solutions and driving the UAE’s green transition.

Majra, the UAE’s National Corporate Social Responsibility Fund, will help direct

environmental projects and innovative enterprises to set up at the District

through its initiatives. Palmade, a Dubai manufacturer transforming locally
discarded date palm leaves into high-quality biodegradable products, is the

fourth partner.

https://www.arabianbusiness.com/gcc/uae/moet-and-expo-city-dubai-launches-uaes-first-green-innovation-district 4/7