Reem Al Hashimy, Minister of State for International Co-operation, meets Italian Foreign Minister Antonio Tajani. Photo: Italian Ministry of Foreign Affairs
Reem Al Hashimy, Minister of State for International Co-operation, meets Italian Foreign Minister Antonio Tajani. Photo: Italian Ministry of Foreign Affairs
Reem Al Hashimy, Minister of State for International Co-operation, meets Italian Foreign Minister Antonio Tajani. Photo: Italian Ministry of Foreign Affairs
Reem Al Hashimy, Minister of State for International Co-operation, meets Italian Foreign Minister Antonio Tajani. Photo: Italian Ministry of Foreign Affairs

Italy affirms support for UAE's Cop28 plans to combat climate change


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Italy has affirmed its support for the UAE's Cop28 plans and its efforts to combat climate change.

Reem Al Hashimy, UAE Minister of State for International Co-operation, met Italian Foreign Minister Antonio Tajani on Friday in Rome, who expressed his country's support for the UAE's hosting of Cop28 as well as for President-designate Dr Sultan Al Jaber, Minister of Industry and Advanced Technology.

The pair also discussed joint initiatives on migration and development and shared experiences on efforts to counter irregular migration flows.

The UAE will host the UN climate conference Cop28 in November, when world leaders will gather to tackle climate change.

The event is expected to be attended by up to 70,000 delegates, including government officials, leaders of global industrial sectors, private sector representatives and climate experts.

The years Ramadan fell in May

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1954

1921

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Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
UAE currency: the story behind the money in your pockets
COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

As You Were

Liam Gallagher

(Warner Bros)

What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

Updated: May 26, 2023, 5:58 PM`