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Dubai: The Sustainable City, the Middle East’s first fully-operational sustainable community, has signed a strategic partnership with the Arab International Investor Forum, set to take place on 17th and 18th September, which aims to promote efforts of individuals and companies in supporting a greener future to elevate Arab competitiveness to a global level.
The event will be held at the UNESCO headquarters in Paris in the presence of celebrated mentor, Professor Farouk Al Baz, President of the Board of Trustees of the Forum and President of the Board of Trustees of the Arab Investor Award.
The Forum is the first international platform of its kind that brings together prominent names in the various fields of investment, science, arts and business from across the Arab region, and will be hosted by renowned Lebanese TV presenter George Kurdahi. This platform will open opportunities for stakeholders on the region’s investment opportunities and regulations, creating a strong network of promising business relationships.
The Arab Investor Award recognises efforts of companies and individuals across six main categories, namely innovation, investment impact, green applications, corporate social responsibility, governance, and gender balance. The Award is relegated from the diversity of its Board of trustees, which includes a group of Arab investors, academicians, and scientists, who share a sincere desire to contribute to the development of their communities.
Professor Al Baz said, “The Arab Investor Award aims to recognise and reward the performance of individuals, companies, and institutions from the public and private sectors in the region – across potential progress areas. The recognition celebrates innovators who have created jobs in their sectors and encouraged others to educate and add these values to their communities. The Award is an enabling platform that not only highlights such efforts but also inspires the people behind them to do more. We acknowledge such organisations for their pivotal role in upgrading economies and supporting research and scientific excellence in the Arab world.”
To ensure the integrity of the evaluation process, the jury of the Award constitutes several distinguished academic figures from the University of Wollongong in Dubai. This year, the jury reviewed and evaluated about 180 applications from all over the Arab world and selected final candidates based on specific criteria per category.
The vision of the Award is to become the leading achievement that stimulates growth in sustainable investment in the Arab world, to address and reward outstanding efforts in support of sustainability and innovation. The Sustainable City shares the same goals and represents a successful green economic model, which serves as an example of the sustainable investment that the Forum seeks to develop in the Arab world.
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About The Arab Investor Award
The Arab Investor Award is an initiative with a clear vision and specific objectives, launched by the Chairman of the Arab Investor Magazine with the collaboration of the Australian University of Wollongong in Dubai. The award aims to recognize the exceptional performance of companies and individuals in the field of sustainable development within six key categories: innovation, investment impact, green apps, social responsibility, governance, and gender balance, and though this recognition, it seeks to stimulate investments and innovations within and outside the Arab world.
About The Sustainable City:
The Sustainable City in Dubai is the world’s first fully sustainable community, and GCC’s happiest community.
An icon of Dubai, it represents a new era in Real Estate, where social, environmental and economic facets are perfectly considered and seamlessly blended, to offer harmonious, quality sustainable low carbon living.
Born from a vision to accelerate the transition towards sustainable development, The Sustainable City demonstrates the living, working proof of this future ready concept and acts as a benchmark for sustainable living.
Located in Dubailand, the mixed-use development spans some 46 hectares and provides an array of green residential facilities and amenities with no negative impact on the environment.
A unique concept which redefines sustainable living; offering energy efficient housing, with net zero energy impact, zero maintenance and low service fees, green education and health care and a host of indoor and outdoor leisure and wellness activities, an urban farm, green mosque and innovation center.
The Sustainable City won over 20 awards including the Gulf Real Estate Award for the ‘Happiest Community’ for three consecutive years. In addition to being voted as the “Overall Winner’ the community also won top honours as the ‘Best Real Estate Project (Master Development)’, ‘Best Real Estate Research’, and ‘Best Real Estate Developer – Sustainable Green Development’ awards at the GREA 2019. It has also received the Emirates Energy Award 2017 for energy efficiency.
About Diamond Developers:
Diamond Developers begins in 2003 as one of Dubai first companies to enter the real estate market with an ambitious vision of how the future should look like.
The company created a new era in real estate specializing in building future and sustainable cities.
Driven by their mission, it was here that a new, commercially viable, future ready concept which thinks of the environment, was born. This led Diamond Developers to build The Sustainable City in 2012, the region’s first fully sustainable community development, offering sustainable, low-carbon living within the natural environment, without compromising the needs of our planet, people of future generations.
It has won several awards and recognitions including the ‘Best Real Estate Developer – Sustainable Green Development’ awards at the Gulf Real Estate Award (GREA). Diamond Developers has recently launched Sharjah’s first net zero energy community The Sharjah Sustainable City in partnership with Shurooq.
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