ACWA Power focuses on sustainability at WETEX 2018

Chairman of ACWA Power Mohammed Abunayyan
Updated 24 October 2018
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ACWA Power focuses on sustainability at WETEX 2018

ACWA Power, a developer, owner, and operator of power generation and water desalination plants, is showcasing the latest projects in its global portfolio at the Water, Energy, Technology and Environment Exhibition (WETEX 2018). The event is taking place at the Dubai World Trade Center from Oct. 23-25.

Chairman of ACWA Power Mohammed Abunayyan said: “We are delighted to participate in this global event led by the Dubai Electricity and Water Authority (DEWA). In its 20th year, WETEX has become the undisputed global platform to bring the future of the energy and water sectors to reality today. 

“Using this platform as a showcase, ACWA Power is committed to creating a sustainable future, transforming energy production in the region through public and private partnerships, and creating a unique value proposition to the end users. Cementing our position as a leading sustainability enabler in the region, we are excited to join hands and engage with various stakeholders in the industry to highlight our commitment to producing electricity and desalinated water efficiently, reliably, and safely at low cost, all while deploying the latest technologies and providing communities we operate in with a sustainable future.” 

Abunayyan added that the company’s participation will highlight ACWA Power’s prominent role as a market leader in concentrated solar power (CSP) projects in the region. 

Paddy Padmanathan, president and CEO of ACWA Power, said: “In line with this year’s WETEX key theme ‘At the forefront of sustainability,’ we will share our success stories of enabling the ambitious sustainability plans and visions adopted by the communities and countries in the region. 

“WETEX is a platform that offers us the opportunity to exchange insights with like-minded governments and companies that are committed to realizing a sustainable energy strategy and that aid our business structure and strategy that serves as a foundation for economic growth and social development for the countries and communities we serve.” 


Real estate landscape to be explored

Updated 17 February 2019
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Real estate landscape to be explored

Informa Middle East, organizer of the Cityscape portfolio of events, will roll out a trio of back-to-back events across Egypt, Saudi Arabia and the UAE between March 24 and April 18.

With the specific market dynamics of each destination being explored through dedicated country events, the 2019 Cityscape series springs into action with Cityscape Egypt at the Egypt International Exhibition Center (EIEC) in Cairo. A two-day conference kick-starts the Egypt schedule on March 24 and 25, before the exhibition takes centerstage from March 27 to 30. 

Cityscape then moves to the Center for Forums and Events in Jeddah, which includes an exhibition from April 5 to 7, before a one-day workshop on April 7. Finally, a return to Abu Dhabi National Exhibition Centre (ADNEC) includes a three-day exhibition from April 16 to 18 with an influential agenda on the lineup at the conference set for April 16.

“It’s a packed three-week schedule with a very distinct market approach and program for each destination,” said Chris Speller, Cityscape group director. “This year more than ever, Cityscape will drill down into the specifics and varied issues affecting each market. While opportunities continue to abound across the region, each market requires very different approaches from consumers, government entities and private developers to realize them. 

“With each market at varying stages of maturity and subject to very different developmental concerns, the conference and exhibition stops in Egypt, Saudi Arabia and Abu Dhabi enable industry professionals and public investors to engage with people at the sharp end of the business, understand and seize opportunities, and network for future growth,” added Speller.

In Egypt, the conference will focus on “Energizing the Market and Reinstating Confidence” with government authorities, experts, and market influencers scheduled to spell out the country’s strategic vision to achieve real estate market maturity. 

Expecting a turnout of more than 40 exhibitors and over 8,000 visitors, Cityscape Jeddah this year looks to align with the goals of the Kingdom’s real estate market in light of its Saudi Vision 2030 economic diversification plan.

“Vision 2030 reforms are expected to attract major investment into a Saudi real estate sector predicted to double its contribution to the national economy right through this decade,” said Speller. 

“Over the past few years, we have witnessed Saudi Arabia make significant strides in attracting foreign and local investment, implementing various urban regeneration initiatives, and investing in infrastructure.”

This recent progress, when aligned with the various projects being green-lit, will no doubt transform the country into a global investment powerhouse. We believe Cityscape Jeddah will help drive investment in the Saudi sector by enhancing its standing as a crucial meeting point for regional and international leaders who can contribute to making Vision 2030 a reality.”

With a focus on “Achieving Diversification and Energizing the Market,” the Jeddah workshops will feature prominent investment panel discussions which dive into how the country’s tourism and hospitality sector agenda can impact Vision 2030. The Cityscape outings in Cairo and Jeddah will both feature dedicated editions of the Cityscape Awards, which recognize and celebrate excellence in real estate development and architecture. 

The UAE capital’s official real estate event platform, Cityscape Abu Dhabi is held under the patronage of Sheikh Mohammed bin Zayed Al-Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces. The one-day conference agenda will explore the future of regulatory and technological innovation with a strong focus on the government sector’s growth strategy for the UAE capital.