Middle East Weekly Round Up

- May 16, 2024

FedEx Opens Advanced Sustainable Logistics Hub in Dubai Boosting the UAE’s Green Economy Goals, FedEx Express has unveiled a cutting-edge logistics hub at Dubai World Central (DWC) Airport. It is aligned with sustainability goals and represents a $350 million investment into the UAE’s economy. Inaugurated by prominent leaders from Dubai and FedEx, the facility emphasizes green technology, including

Tokenized Carbon Credits To Power $100 Billion Market By 2030

- May 9, 2024

In the fight against climate change, the technology of tokenization of carbon credit is poised to create a more transparent, efficient, and accessible carbon credit market,  according to a new report by PwC Middle East. The report highlights carbon credit tokenisation through the initiatives of Fils, a leading digital infrastructure provider in the Middle East, as a key player in this emerging space.