SEDCO Holding CEO talks ethical investments at WGES

CEO of SEDCO Holding Group Hasan Al-Jabri participates in a plenary session.
Updated 05 November 2019

SEDCO Holding CEO talks ethical investments at WGES

Underlining the growing importance of upholding responsible investment and finance principles to drive sustainable economic growth, Hasan Al-Jabri, CEO of SEDCO Holding Group, highlighted the company’s Prudent Ethical Investing (PEI) strategy at the World Green Economy Summit (WGES) 2019 held in Dubai. Al-Jabri was speaking at a plenary session titled, “Green Finance and Investments,” at the summit, which took place under the patronage of Sheikh Mohammed bin Rashid Al-Maktoum, vice president and prime minister of UAE and the ruler of Dubai.
The summit, which saw the attendance of over 3,000 delegates, included high-profile speakers such as François Hollande, former president of France, and Ban Ki-moon, former secretary-general of the United Nations.
Featuring an impressive lineup of industry leaders and experts, the plenary session explored lucrative opportunities presented by green finance and how businesses can tap into this promising market by adopting sustainable practices. The speakers also shed light on various factors that hinder the growth and wider adoption of green financing and put forward recommendations to overcome these challenges.
Al-Jabri stressed the significance of ethical and socially conscious investing to help realize sustainable environmental, social and governance (ESG) goals. SEDCO Holding’s PEI-based portfolios combine the principles of responsible and Shariah-compliant finance, bringing together the many benefits of both approaches. The strategy has been proven tremendously successful in ensuring enhanced long-term risk-adjusted returns to support the performance of businesses and promote greater sustainability.
“Ethical investing not only brings economic benefits, but also significantly contributes to environment-friendly initiatives and business operations thereby driving the expansion of the green economy. Major events like the World Green Economy Summit are offering us a strategic platform to spotlight the increasing importance of adopting responsible finance and banking principles and sustainable practices across businesses. They also provide us an excellent opportunity to address various challenges facing green investing, including a lack of awareness of its unmatched benefits,” said Al-Jabri.


Calling all female artists: UAE arts award opens for entries

Updated 12 August 2020

Calling all female artists: UAE arts award opens for entries

Now being held for the fourth consecutive year, the Noon Arts Award is open for submissions. Organized by the Collage Talent Center at the Sharjah Ladies Club, this award is presented to UAE-based female artists who are working in the fields of painting, photography, and digital artworks.

This year the theme of the competition is the phrase “Because I can,” chosen in recognition of the difficult times the global community has lived through as a result of COVID-19. The artworks submitted need to showcase the positive impact the artist has made through supporting, inspiring or offering hope to others, or overcoming obstacles and challenges in their own lives.

Fatima Alnaqbi, assistant manager at Sharjah Ladies Club, said: “This year the Noon Arts Award is all about recognizing those who have made a positive impact on the world around them. We want to celebrate both women’s art and the power of humanity, their ability to give the light of hope to others who are suffering. ‘Because I can’ is a timeless phrase. It’s about empowerment and benefitting society, and we can’t wait to see how this phrase inspires the female artists of the UAE.”

Submissions will be accepted until October. The competition is open to all women artists based in the UAE and who are over the age of 18. Paintings, photographs, and digital artworks will all be accepted and judged on their adherence to the theme and the skill and enthusiasm they convey.

The first-place winner will receive a prize of 7,000 dirhams ($1,900), with second place earning 5,000 dirhams and third place being awarded 3,000 dirhams. There will also be a “People’s Choice” category, with the winning artist receiving a prize of 2,000 dirhams.

While this year’s competition will be held remotely due to the pandemic, this is the first time the entire event will be held online. The virtual exhibition will allow people from across the region to view the artworks from the safety of their own homes, while the awards ceremony itself will be live-streamed to avoid people congregating.