Sustainability | Page 6

The overlap between entrepreneurship and sustainability is becoming more pronounced than ever.

Three Lebanese startups won the Darwazah Center's "Data for Good- I Code for Lebanon" hackathon by trying to solve "waste" or "leakage" in the current system of foreign aid disbursement in Lebanon.

The global beauty industry suffered an estimated 20-30% decline in 2020, but the shift towards clean beauty may be able to help the sector at large

Having now weathered the roughest parts of the storm, this experience must contribute to an even stronger, more sustainable business strategy.

With corporate social responsibility becoming an increasingly important topic for companies around the world, Dr. Mellahi explained how enterprises in Dubai can incorporate such practices into their day-to-day businesses.

The CEO of The Futurist Company is building a business that aims to solve humanity's future problems.

It is marked as the first investment made in France by the venture capital firm.

The VentureSouq team looks back on their journey of launching a new movement of conscious investing in the MENA region.

Made from sustainable materials such as recycled cabin waste and plastic bottles, the tray features an IoT chip that will allow Etihad to track food consumption served on board, as well as portions of the meal that left not consumed.

With its state-of-the-art infrastructure, environment-friendly laboratories, and a solar-powered community park with green spaces nearing completion, Dubai Science Park is a district focused on healthcare, energy and the environment.

By reusing, recycling, and repurposing commodities that have outlived their initial use, the circular economy is able to generate employment opportunities, create new avenues of revenue, and fuel economic activity, while reducing some pressure on natural resources.

At a time when margins are tight and the market is competitive, developing an energy management plan allows SMEs to cut operational costs, increase efficiency, and ensure business continuity.

Despite the innovation in the automotive space, another argument is that the actual concept of the car might need to change for global sustainability.

Food security is a serious issue on a global scale, but especially so in countries that rely heavily on imports to feed the population.

Breitling's collaboration with sustainable clothing brand Outerknown co-founded by surfing icon Kelly Slater that has led to the release of this timepiece.

The project has been awarded with the 2020 Audi Innovation Award trophy, an all-expense paid trip to the Audi factory at Ingolstadt, Germany, and US$25,000 worth of consultancy.

The world must rethink its relationship with resources and come up with new social and economic growth models that are efficient, better balanced, sustainable and more local.

This marks as another notable investment by Prince Khaled, who is a vocal sustainable food advocate and investor, with investments in Memphis Meats, Rebellyous Foods, and BlueNalu.

In the UAE, new business models around resale and recommerce have arisen to serve the needs of millennials and Generation Z.

While COVID-19 has caused all industries to suffer losses, the beauty and art of the fashion industry have the potential to push through.

UAE business leaders will need to transition from immediate crisis response to reinvesting in smart and lean operations as part of a long-term sustainable transformation.