From the Editors: ‘Abu Dhabi Single-Use Plastics Policy’ a stitch in time

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Opinion From the Editors

From the Editors: ‘Abu Dhabi Single-Use Plastics Policy’ a stitch in time

Our editors comment on major local and global events plus the day's top trending topics

Published: June 01, 2022 08:40 Gulf News Editors and Compiled by Devadasan K P, Chief Visual Editor

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OPN EDIT — ‘ABU DHABI SINGLE-USE PLASTICS’ A STITCH IN TIME: As the ‘Abu Dhabi Single-Use Plastics Policy’ comes into effect from today, it is time for all residents, visitors and owners of retail business establishments to comply with this new rule in the long-term interest of all of us who inhabit this planet and future generations as well. Single-use plastic id one of the largest sources of environment pollution. Apart from polluting the earth, it can cause mortal damage to wildlife through ingestion of plastic material. That is why the implementation of ‘Abu Dhabi Single-Use Plastics Policy’ is an extremely timely step -- one that shows how much the UAE cares for the future of all life and living beings on Earth. [COMMENT BY: Sanjib Kumar Das, Assistant Editor] Image Credit: Samihah Zaman/Gulf News

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STOCK DUBAI SKYLINE ECONMY SHOPPERS — UAE INVESTORS AND DEAL FLOWS IN SPARKLING FORM: What’s common to a Swiss jewellry retailer and a trade finance focussed digital bank? Both of them have new owners, and both from the UAE. Sure, in the case of the latter, the Anglo-Gulf Trade Bank was bought by Gulf Islamic Investments (GII) from another UAE entity, Mubadala. Moreover, GII is just coming off a major deal in Saudi Arabia for a dental care clinic operator. With the Swiss jeweller, de Grisogono, the new owner is Hussain Sajwani, more known for his varied interests in real estate. Looking at the wider picture, it shows that the deal-making scene in the UAE and Gulf has, if anything, kicked up a gear or two. High oil, steady climb in inward investments and higher growth chances despite inflation are all fuelling this investment spree, whether it is digital plays or more about traditional investments. In addition, for anyone wanting a wider landscape, there are the IPOs – just look at the Borouge subscription numbers for confirmation. [COMMENT BY: Manoj Nair, Business Editor] Image Credit: Bloomberg

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From the Editors: ‘Abu Dhabi Single-Use Plastics Policy’ a stitch in time

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Opinion From the Editors

From the Editors: ‘Abu Dhabi Single-Use Plastics Policy’ a stitch in time

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