The Big 5 Construct Egypt returns in 2021
CAIRO, Egypt, 7 June 2021: The third edition of The Big 5 Construct Egypt will take place from June 26 to 29 at the Cairo International Convention Centre (CICC), to facilitate business opportunities in Egypt’s growing construction project market, dmg events, the organiser said through a Press release.
Making the announcement through a Press conference, dmg said Egypt is the third largest construction market in the MENA region, and that activity remains a bright spot for the Egyptian economy with a pipeline of known and un-awarded projects worth USD 354.8 billion in the country*.
Present at the press conference was Khaled Abbas, Deputy Minister of Housing, Utilities, and Urban Communities for National Projects; Matt Denton, President, dmg events; Mohamed El Dahshoury, CEO, Hassan Allam Construction (HAC)’ Heike Harmgart, Managing Director, Southern and Eastern Mediterranean Region, European Bank for Reconstruction and Development (EBRD) and Mohamed Tarek, Area Managing Director of North Africa for Consolidated Contractors Company (CCC).
dmg said powerful face-to-face connections between industry stakeholders will be significant for the sector’s sustained development. It is more important than ever for us to offer a safe environment for the community to come together, where they can boost business activities, rebuild partnerships and apply lessons learnt to future projects all in one place, dmg said. To that end, in addition to offering vital trading opportunities this year, The Big 5 Construct Egypt will launch new high-level features focused on strategic industry development and innovation, making it an unmissable business event for the construction sector in the wake of Covid-19 disruption, it added.
The event will launch The Big 5 Egypt Impact Awards, which dmg described as designed to recognise the businesses and people driving innovation in Egypt’s industry, in addition to The Big 5 Egypt Leadership Conference, a three-day event scheduled to gather regional ministers and international leaders to explore the construction sector’s contribution towards economic growth and diversification in Egypt.
Harmgart, who is set to speak at the conference, said: “The Big 5 Egypt Leadership Conference is a great opportunity for policy makers, financial institutions and investors to discuss the priorities for Egypt and to promote sustainable green infrastructure and construction sectors.”
Beyond the conference, the event also will offer free-to-attend, CPD-certified talks and the exhibition area, which dmg said, will gather hundreds of leading brands from more than 15 countries, such as Canada, Germany, Greece, Russia, Italy, UAE and Saudi Arabia, to name but a few. Heavyweights signed up to exhibit include the likes of Hassan Allam Holding, Orascom Construction, El Soadaa, ASGC, Hanimex, Al Zamil, Al Ahram, Wellbond and Al Amal, dmg said.
Speaking on the upcoming exhibition, El Dahshoury said: “The Big 5 Construct Egypt represents a great place for business leaders to discuss, sign agreements and present investment opportunities, at a time when infrastructure projects play a decisive role in the economic recovery, not only in Egypt but around the world.”
UAE, US commit to jointly tackle climate challenge
ABU DHABI, UAE, 5 April 2021: The United Arab Emirates and the United States announced their joint commitment to tackle the climate challenge in a Joint Statement that stresses the importance and urgency of raising global climate ambition. Both countries announced their intent to cooperate on new investments in financing decarbonisation across the MENA region and beyond, and to focus on assisting the most vulnerable adapt to the effects of climate change.
H.E. Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and the UAE’s Special Envoy for Climate Change, said: “Together with the US, the UAE has affirmed that decisive, proactive climate action can be an engine for economic growth and sustainable development. Building on the legacy and experience of the UAE, which has demonstrated a longstanding commitment to sustainable development and today operates three of the world’s largest solar facilities, we will focus, together with the US, on joint efforts on renewable energy, hydrogen, industrial decarbonization, carbon capture and storage, nature-based solutions, and low-carbon urban design.
“The UAE is rich in opportunities with the world’s lowest solar power costs, and significant carbon capture investments. We look forward to sharing our experience with the international community to turn climate action into economic opportunity.”
Noting the progress made by many leading companies, both countries agreed to work closely with the private sector to mobilize the necessary investment and technology resources needed to stem the climate crisis and support the economy.
At the national level, the United States and the United Arab Emirates confirmed their intent to work towards decarbonising their economies according to their national circumstances and economic development plans, including reducing carbon emissions by 2030.
The United States and the United Arab Emirates stressed their commitment to the implementation of the Paris Agreement and promote the success of the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow.
The Joint Statement emerges from the UAE Regional Dialogue for Climate Action, held on April 4. The event convened climate leaders from across the MENA region and unveiled a new era of cooperation in the region for a future focused on prosperity through climate policy, investment, innovation and sustainable economic growth.
The Dialogue drew the participation of high-level dignitaries from across the region as well as critical global partners and organisations. Participants included COP26 President-Designate, Alok Sharma and US Special Envoy for Climate, John Kerry, together with ministers and high-level representatives from the UAE, Oman, Kuwait, Bahrain, Qatar, Egypt, Jordan, Morocco, Iraq, Sudan and the International Renewable Energy Agency (IRENA). The event further reinforced the UAE’s regional climate leadership, providing a common ground for participating nations to build a shared vision for climate action ahead of COP26.
UAE to host GCC and MENA regional climate dialogue
ABU DHABI, UAE, 1 April 2021: The United Arab Emirates will host the Regional Climate Dialogue for climate action on April 4 in Abu Dhabi, in advance of the Leaders Summit on Climate, to take place in Washington DC later this month and in the run up to COP26. The UAE regional dialogue will include the participation of John Kerry, US Special Presidential Envoy for Climate, and Alok Sharma, COP 26 President, together with ministers and high-level climate representatives from the GCC and Mena regions.
As part of its well established role as a convener on climate action, the UAE has also invited International Renewable Energy Agency (IRENA) Director-General, Francesco La Camera, to attend the Dialogue. The event will focus on national and regional preparations for the 26th United Nations (UN) Climate Change Conference of the Parties (COP26), set to run from November 1 to 12, 2021. The COP26 Summit, hosted this year by the United Kingdom in Glasgow, will bring together countries from across the globe to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.
His Excellency Dr Sultan Ahmed Al Jaber, the UAE’s Special Envoy for Climate Change, and Minister of Industry and Advanced Technology, said: “We look forward to welcoming Special Envoy Kerry and COP26 President Alok Sharma, along with Ministers and high-level representatives of the key economies of the GCC and MENA region to Abu Dhabi for this important dialogue. The UAE has demonstrated a longstanding commitment to progressive climate action and sought to promote sustainable development throughout the region. By coming together for this dialogue, I believe we can create greater momentum for progress. The UAE views climate action as an opportunity for economic development, while contributing practical solutions to a global problem that affects us all. As the world seeks new pathways to ‘building back better’ in the wake of the COVID-19 pandemic, Special Envoy Kerry’s visit will help consolidate efforts on smart sustainable solutions with tangible benefits for the global community.
“We are already seeing great examples of climate leadership throughout our region, including the recently announced initiative by our brotherly neighbors in the Kingdom of Saudi Arabia. The regional climate dialogue will provide a constructive platform for the MENA region to unite around progressive, practical solutions that can help the world reach global climate goals, while also fostering innovation for sustainable growth.”
Speaking in advance of the meeting, COP 26 President Alok Sharma said: “It is vitally important that the world works together to tackle climate change. That means countries coming forward with net-zero targets and near-term emissions reduction targets (the 2030 NDCs) that keep 1.5 degrees within reach. The transition to a clean economy is one which can benefit us all: through creating jobs, spurring sustainable development, and cleaning our air. We are already beginning to see progress, and countries in the MENA region are well placed to take advantage of the economic opportunities of this transition. However, the consequences of climate change are already being felt across the region, and the UK will use its COP26 Presidency to build momentum on adaptation to help to keep countries, communities and people safe from the impacts of climate change.”
The Regional Climate Dialogue will provide an ideal platform for the participating countries to exchange experience in their responses to climate change and build momentum for increased global ambition in the run-up to COP26. In addition, it will enable the United States and the MENA region to examine new areas of collaboration in the field of climate change mitigation and adaptation with the aim of transforming the climate challenge into an economic opportunity.
Core themes will include accelerating the deployment of renewable energy solutions, exploring the potential of new zero-carbon-energy sources, such as green and blue hydrogen, maximizing the impact of mitigation technologies, including carbon capture, and reducing the carbon emission intensity of hydrocarbon fuels, on which the world will still rely during the energy transition. The conversation will discuss policies for adaptation to the impacts of accelerating climate change trends that are of particular concern to the region, such as food and water security, desertification mitigation and environmental conservation.
The participants will seek to develop a common understanding of climate action priorities, as well as a roadmap for cooperation towards COP26 and related milestones.