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1/24/25, 3:25 PM Minister Of Economy Highlights Investment Potential In Circular Economy | Pakistan Point

Minister Of Economy Highlights

Investment Potential In Circular

Economy

21 hours ago

DAVOS, (Pakistan Point News - 23rd Jan, 2025) Abdulla bin Touq Al Marri, Minister of Economy,
and Chairman of the UAE Circular Economy Council, participated in a session titled "Turning
Plastic Waste into Raw Materials: Fueling the Circular Economy," held at the 55th Annual
Meeting of the World Economic Forum (Davos 2025), themed ‘Collaboration for the Intelligent
Age.’

At the session, bin Touq emphasised how the UAE has cemented its strategic position in the
circular economy. He added that the country's proactive initiatives and strategies have
significantly contributed to the global efforts in addressing environmental challenges, cutting
carbon emissions, and reducing waste, aligning with the objectives of sustainable development.

He pointed out that the UAE was among the first countries to sign the ‘Scale360°’ initiative in a
strategic partnership with the World Economic Forum.
During the session, participants delved into the opportunities and challenges in acquiring plastic
waste and converting it into recyclable raw materials.

Discussions also focused on the adoption of advanced recycling technologies
and business strategies to secure a steady flow of raw materials while ensuring environmental

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