ACWA, ECOHZ partner to empower local communities

The project in Morocco aims to increase the income and employability of communities. (Photo by WOCAN)
Updated 23 December 2018

ACWA, ECOHZ partner to empower local communities

ACWA Power, a water desalination and power generation firm, recently collaborated with a key player in energy sector, ECOHZ, which offers global renewable energy solutions to businesses, organizations and electricity providers, to empower local women and support communities in Morocco. 

“Stemming from its commitment to communities it operates in, and following its development of the world’s largest concentrated solar power plan project, Noor Power Plant in Morocco, ACWA Power concludes the year by empowering women around the planet through increasing income and employability and improving education,” a press release said. 

ACWA Power works closely with WOCAN, the international membership network working toward gender equality, and creator of W+ Standard (W+), which measures the impact of projects on women’s empowerment and increases their access to resources and capital, scaling up solutions to climate change, food security and poverty. 

The CSR project increases income and improves livelihoods of the local female population. It recognizes the social capital created by women, rewards women’s contributions to sustainable environment communities, provides access to women in local communities to basic needs including education and health care, and increases the income and employability of women to help ensure gender equality. 

Paddy Padmanathan, president and CEO of ACWA Power, said: “We are passionate about our model of developing plants in remote areas and actively collaborating with the local communities. This results in empowerment of local communities, creation of employment opportunities, and generation of economic activity — which we consider our long-term commitment.”

We are proud to be working with W+ to contribute toward increasing income and employability.” 

Tom Lindberg, managing director at ECOHZ, added: “We work to change corporations’ energy behavior and are enthusiastic to be able to empower women at the same time — contribute to both SDG 7 (clean energy) and SDG 5 (gender equality).”

In coordination with WOCAN’s pursuit of sustainable development, it has been reported that W+ is the first instrument that offers the possibility to measure, verify, and report the fifth and seventh critical sustainable development goals (SDGs), which are part of the larger 17 SDGs set by the United Nations General Assembly in 2015. 

The collaboration between ACWA Power, ECOHZ and WOCAN has been able to heavily contribute to these SDG’s and consequently amplify the welfare of women in Morocco.


Dubai to host Mideast’s first dinosaur auction

Updated 18 August 2019

Dubai to host Mideast’s first dinosaur auction

A massive 155-million-year-old dinosaur skeleton will be up for grabs for lovers of rare collectibles as Emirates Auction announced it will organize the Middle East’s first auction to sell the giant dinosaur skeleton. 

The online auction will be conducted by Emirates Auction, which specializes in organizing and managing public and electronic auctions, at a starting value of 14.6 million dirhams (SR14.9 million, $4 million) and will end on Aug. 25. 

The 24.4-meter-long by 7-meter-high skeleton, which dates back to the Jurassic period, is the first of its kind in the world to be installed at the Dubai Mall. 

Back then the 25-year-old dinosaur weighed up to five elephants and was one of the long-necked herbivorous dinosaurs and has a tail tapering to a long, thin whip-like end to defend itself against predators.

The dinosaur belongs to the Diplodocus longus variety, deriving it from the Greek words “diplos,” meaning “double,” and “dokos” meaning “beam.” 

Nearly 90 percent of the fossil’s bones are original, making it a stunning discovery in the history of palaeontology. The remains of the adult dinosaur were discovered in a sleeping position in 2008 at the Dana Quarry in the US state of Wyoming.

The auction will be an ideal opportunity for those looking for excellence to supplement their collections with a historic masterpiece rarely found around the world.

The specimen was previously displayed at the Houston Museum of Natural Science in the US state of Texas. It was sourced through Khalid Seddiq, founder of Etihad Modern Art Gallery in Abu Dhabi, and was put on permanent display at The Dubai Mall in 2014.

Emirates Auction is a UAE-based auction company in the Middle East. Founded in 2004, the company specializes in automobiles, vehicle license plates, real estate and properties, asset liquidation, VIP mobile numbers, jewelry, time-sensitive items, and heavy machinery, plant and construction equipments. 

Emirates Auction has achieved a number of milestones in a short span of time since its establishment, breaking 10 Guinness World Records along the way.

With increasing annual sales and registered bidders across the UAE, GCC and North Africa states, Russia and other countries across the world, the auctioneer conducts over 200 online and physical auctions per year. The company is credited with significantly contributing to the development of auction concepts in the Arab world.