DIAMOND DEVELOPERS

The Sustainable City signs a strategic partnership agreement with Arab International Investor Forum 2019


Dubai, UAE, 4 September 2019: 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.