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OBFA hosts roundtable on business environment, investment opportunities

OBFA hosts roundtable on business environment, investment opportunities
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Looking beyond the next oil boom: Opportunities for regional NOCs to diversify and reinstate future competitive advantages

Saudi companies, consumers embrace concerns over climate change

JEDDAH: Public understanding of the increasing challenges related to global warming is reassuringly high in the Kingdom, and the government, organizations and civil society continue to play their role in embracing environmental protection measures, a new report reveals. The study by consultancy firm Boston Consulting Group (BCG) shows that 55 percent of consumers in the Kingdom have reaffirmed their willingness to implement more sustainable acts into their everyday lives, and also that green infrastructure, financial incentives and a wider variety of affordable eco-friendly products and services will help drive progress. The report, “Are Consumers in the Gulf States Ready to Go Green?,” found that 70 percent of consumers in the Kingdom are largely aware of climate change and how the world is negatively affected by the problem.

UAE residents ready to commit to sustainability

UAE residents ready to commit to sustainability rohma@khaleejtimes.com Filed on February 17, 2021 Residents want to see more investment geared towards sustainable infrastructure – particularly in recycling, renewable energy, public transportation, and eco-tourism UAE consumers have reaffirmed their preparedness to incorporate more sustainable actions into their daily lives, but noted that challenges still remain Residents across the UAE and the GCC have reaffirmed their commitment to live more sustainably, especially in light of the challenges posed by climate change, new research has shown. A new report by Boston Consulting Group (BCG) titled ‘Are Consumers in the Gulf States Ready to Go Green?’ found that 81 per cent of UAE consumers are largely aware of climate change and how the issue negatively affects the environment – a figure that shows the UAE to outperform the rest of the GCC in terms of awareness. In addition, 65 per cent of consumers with know

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