Page 351 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)

10/29/25, 11:25 AM Ministry Of Economy And Tourism, Expo City Dubai Launch UAE’s First Green Innovation District - UrduPoint
Reem Al Hashimy, Minister of State for International Cooperation and CEO of

Expo City Dubai Authority, said, “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, solidifying the UAE’s position as a global leader

in green economic development, investing in local skills and contributing
significantly to both national prosperity and global climate action.”

Building on the Strategic Master Agreement with the Ministry of Economy and

Tourism, Intesa Sanpaolo will act as a strategic partner in developing the Green

Innovation District at Expo City Dubai. Intesa Sanpaolo, one of the largest

banking groups in the Eurozone and the only Italian bank with a presence in
the UAE, is a pioneer in circular economy finance, with more than

EUR14 billion already disbursed at global level, committed to accelerating

projects that turn sustainability into long-term growth.

As part of its presence within the newly launched Green Innovation District,

Nestlé, the world’s largest food and beverage company, is supporting 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

https://www.urdupoint.com/en/middle-east/ministry-of-economy-and-tourism-expo-city-du-2072680.html 3/6