Page 325 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)

creating a vibrant community built on circular economy principles and contributing to both national

prosperity and global climate action.

The initiative was announced at the Asia Pacific Cities Summit and Mayors’ Forum, at Expo City,

which has gathered mayors and city leaders from more than 350 cities and provided a platform to

introduce major projects enabling governments and businesses to unlock opportunities to build
more sustainable cities.

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 act as a strategic partner in developing the Green Innovation District

at Expo City Dubai.

It's a pioneer in circular economy finance, with more than EUR 14 billion already disbursed at
global level, committed to accelerating projects that turn sustainability into long-term growth.

Nestlé, the world’s largest food and beverage company, is supporting the initiative 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 Green Innovation District through its initiatives
such as the ‘Sustainable Impact Challenge’ and ‘Future 100’, helping create a national platform

that brings together sustainable innovation, responsible investment, and positive social impact.
Palmade is a Dubai-born manufacturer transforming locally discarded date palm leaves into high-

quality biodegradable products.

By turning this abundant natural resource into sustainable alternatives, Palmade is driving circular
innovation rooted in the UAE.

https://www.city1016.ae/trending/news/local-news/uae-unveils-first-green-innovation-district-at-
expo-city/