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  • William announces Earthshot Prize 2025 winners in Rio

    William announces Earthshot Prize 2025 winners in Rio

    Prince William, the Prince of Wales, unveiled the five winners of the 2025 Earthshot Prize during a star-studded ceremony at Rio de Janeiro’s Museum of Tomorrow. The event, hosted by acclaimed Brazilian broadcaster Luciano Huck, celebrated groundbreaking environmental projects from across the globe. Prince William hailed the winners as “an inspiration that gives us courage,” emphasizing their work as “proof that progress is possible.” The Earthshot Prize, founded by Prince William in 2020, awards £1 million annually to each of five innovative projects aimed at addressing critical environmental challenges. This year’s winners included initiatives such as re.green, which is making Brazil’s Atlantic Forest financially viable, and the High Seas Treaty, a global effort to conserve marine life set to take effect in 2026. Other winners included Bogotá’s clean air policies, Lagos Fashion Week’s sustainable practices, and Friendship’s efforts to support vulnerable communities in Bangladesh. The ceremony featured performances by Kylie Minogue, Shawn Mendes, and Brazilian pop icon Anitta, while legendary figures like footballer Cafu, gymnast Rebeca Andrade, and former Formula 1 driver Sebastian Vettel presented the awards. Prince William reflected on the halfway point of the Earthshot Prize’s 10-year mission, stating, “We set out to tackle environmental issues head-on and make real, lasting changes that would protect life on Earth.” The event also highlighted the urgency of collective action, with Christiana Figueres, chair of the board of trustees, praising the winners for their ambition and determination. Earlier in his five-day visit to Brazil, Prince William addressed deforestation at the United for Wildlife conference and participated in mangrove conservation efforts on Paqueta Island. He is scheduled to speak at COP30 in the Amazon rainforest, further underscoring his commitment to environmental advocacy.

  • Why food-water-energy nexus must be at heart of tomorrow’s communities

    Why food-water-energy nexus must be at heart of tomorrow’s communities

    As the world grapples with mounting pressures on water resources, escalating energy demands, and the increasing need for local food production due to global supply chain vulnerabilities, the UAE has positioned itself at the forefront of addressing these challenges. The concept of the food-water-energy nexus has emerged as a critical framework for building resilient and sustainable communities, particularly in the face of rapid urbanization and resource constraints. This approach, endorsed by the United Nations, underscores the interconnectedness of water, energy, and food security, which are central to achieving 14 out of the 17 Sustainable Development Goals. In the UAE, this interconnectedness is not merely theoretical but is actively integrated into strategic initiatives such as the UAE Food Security Strategy 2051, which aims to enhance domestic food production while mitigating the impacts of climate change-induced water scarcity. Sharjah, in particular, has become a hub for sustainable innovation, with projects like Sharjah Sustainable City exemplifying this commitment. Spanning 7.2 million square feet, this master-planned community features 1,250 villas powered by rooftop solar panels, treats 100% of its wastewater for irrigation, and incorporates urban farming and biodomes to promote local food production. The project also emphasizes behavioral change, engaging residents through workshops on urban farming, composting, energy conservation, and sustainable art. Sharjah’s broader sustainability vision, including initiatives like electrifying its public bus fleet with low-emission vehicles, further cements its leadership in regenerative urbanism. Moving forward, the challenge for real estate developers and policymakers lies in embedding the food-water-energy nexus into the core of new developments, ensuring that sustainable living becomes the default rather than the exception. As global milestones for food, energy, and sustainability are observed, the integration of these systems will be pivotal in shaping communities that are not only resilient but also economically, socially, and environmentally sustainable.

  • Did you know? Zohran Mamdani’s wife went to school in Dubai, met him on Hinge

    Did you know? Zohran Mamdani’s wife went to school in Dubai, met him on Hinge

    Rama Duwaji, the Syrian-American artist and wife of newly elected New York Mayor Zohran Mamdani, has emerged as a figure of quiet yet profound influence. Born in Houston, Texas, and raised in Dubai, Duwaji’s journey from a budding artist to the city’s Gen-Z first lady is a testament to her resilience and creativity. Her parents, both Syrian Muslims from Damascus, supported her artistic aspirations while encouraging practicality in her career choices. After completing her high school education in Dubai, Duwaji pursued her passion for art, earning a bachelor’s degree in communication arts from Virginia Commonwealth University. Her artistic journey took her to residencies in Beirut and Paris before she moved to New York in 2021. It was there that she met Mamdani on the dating app Hinge, sparking a relationship that culminated in a romantic rooftop Nikkah ceremony in Dubai Creek Harbour and a courthouse wedding in New York. Despite her husband’s political rise, Duwaji has maintained a low profile, channeling her voice through her art, which often addresses humanitarian crises in Gaza, Sudan, and Lebanon. As Mamdani’s historic mayoral win thrusts her into the spotlight, the question remains whether she can preserve her quiet, artistic life while embracing her new role as New York’s first lady.

  • Democrat in Trump-aligned Maine district announces retirement

    Democrat in Trump-aligned Maine district announces retirement

    Democratic Congressman Jared Golden of Maine has declared his decision to retire, opting not to seek re-election in his fiercely contested district. The 43-year-old lawmaker, who represents a Trump-aligned constituency, cited escalating political violence and extreme polarization in the United States as the primary reasons for his departure. In an op-ed published in his local newspaper, Golden expressed his exhaustion with the growing incivility and hostility prevalent in American politics. “After 11 years as a legislator, I have grown tired of the increasing incivility and plain nastiness that are now common from some elements of our American community,” he wrote. Golden’s district, which favored Trump by nine points in the 2024 election, is considered a vulnerable seat for Democrats in the upcoming midterms. His announcement coincides with a nationwide redistricting battle, where both Republican and Democratic-led states are redrawing voting lines to bolster their party’s control of the U.S. House of Representatives. For instance, California voters recently approved new district maps that could benefit Democrats in five additional districts, countering similar moves by Texas to favor Republicans. Golden, a moderate Democrat known for occasionally breaking ranks with his party, recently sided with Republicans on a government funding bill. Despite facing challenges from both a left-wing primary opponent and former Republican Governor Paul LePage, Golden emphasized that his decision was not driven by fear of electoral defeat. Instead, he expressed concerns for his safety and that of his family if he remained in office. “I don’t fear losing. What has become apparent to me is that I now dread the prospect of winning,” he wrote. “Simply put, what I could accomplish in this increasingly unproductive Congress pales in comparison to what I could do in that time as a husband, a father, and a son.” Golden, first elected in 2018 after defeating Republican incumbent Bruce Poliquin, has a background as a state legislator and Marine veteran. His retirement has been met with jubilation by Republicans, who view it as an opportunity to flip the seat in 2026. Maureen O’Toole, a spokeswoman for the National Republican Congressional Committee, remarked, “Serial flip-flopper Jared Golden’s exit from Congress says it all: He’s turned his back on Mainers for years and now his chickens are coming home to roost.” Golden, however, hopes his departure will pave the way for a new generation of leaders, urging both parties to embrace fresh perspectives. “The torch should be passed to those with the greatest stake in the future — my generation and those who follow,” he concluded.

  • Dubai emerges as a global wealth nexus, bridging Asia and the Middle East

    Dubai emerges as a global wealth nexus, bridging Asia and the Middle East

    Dubai is rapidly emerging as a global nexus for wealth, strategically bridging the financial ecosystems of Asia and the Middle East. This transformation is driven by a surge in cross-border investments and the growing influence of globally minded families seeking diversified wealth management solutions. According to Derrick Tan, Group Executive Chairman of WRISE Group, Dubai is uniquely positioned to serve the next generation of Asian wealth, which is mobile, sophisticated, and increasingly interconnected.

  • GFH Partners announces acquisition of Riyadh logistics asset

    GFH Partners announces acquisition of Riyadh logistics asset

    GFH Partners Ltd, a prominent institutional fund manager based in Dubai International Financial Centre and regulated by the DFSA, has announced a significant acquisition in the logistics sector. One of its advised real estate funds has secured a large-scale logistics property in Riyadh for approximately 200 million Saudi riyals. This strategic move underscores GFH Partners’ commitment to expanding its industrial and logistics investment platform in the GCC region, which now boasts assets worth around 1.5 billion riyals. The firm’s global assets under management (AUM) currently stand at an impressive 26 billion riyals. The newly acquired property, situated in Riyadh’s industrial and logistics zone, spans over 40,000 square meters and features state-of-the-art infrastructure, including 12-meter clear heights, truck docks, high power capacity, and direct access to Riyadh’s Eastern and Southern Ring Roads. Fully leased, the asset caters to leading logistics operators seeking scalable, high-quality infrastructure in one of the region’s most sought-after distribution hubs. This acquisition marks the fourth asset secured by GFH Partners in Saudi Arabia and the 34th property within its broader platform. The platform’s properties are leased to over 120 tenants across strategic industrial and logistics zones in Saudi Arabia and the UAE, benefiting from prime access to multi-modal transport corridors linking key regional markets, including JAFZA, Dubai South, and industrial cities in Dammam and Riyadh. Mohamed Ali, Head of GCC at GFH Partners, emphasized the firm’s optimistic outlook on the industrial and logistics sector in the GCC, citing strong growth driven by national initiatives to diversify economies and enhance supply chain infrastructure. Since launching its GCC platform in 2023, GFH Partners and its affiliates have managed three dedicated funds focused on industrial and logistics assets in Saudi Arabia and the UAE. The firm continues to expand its portfolio, with several built-to-suit and infrastructure-related development transactions underway in the logistics sector, alongside plans for additional acquisitions in the near future.

  • It’s official: Rajinikanth to act in movie produced by Kamal Haasan

    It’s official: Rajinikanth to act in movie produced by Kamal Haasan

    In a groundbreaking announcement, Indian cinema legends Rajinikanth and Kamal Haasan are set to collaborate for the first time in over four decades. The project, tentatively titled ‘#Thalaivar173’, will be directed by Sundar C, renowned for his work in Tamil cinema. Kamal Haasan, who also serves as the producer, revealed the news via social media, confirming a release date of January 14, 2027, coinciding with the Pongal festival. While it remains unclear if the two icons will share screen space, the collaboration has already sparked immense excitement among fans. The film is produced under Haasan’s banner, Raaj Kamal Films International, marking 44 years of the production house. This project not only reunites the duo but also celebrates their enduring friendship and contributions to Indian cinema. Rajinikanth and Haasan last appeared together in full-fledged roles in the 1979 film ‘Allaudinaum Arputha Vilakkum’. Since then, they have made cameo appearances in each other’s films, including Rajinikanth’s ‘Thillu Mullu’ (1981). The announcement follows Rajinikanth’s earlier hint about a potential collaboration with Haasan. Director Sundar C, known for hits like ‘Aranmanai’ and ‘Anbe Sivam’, brings his expertise to this highly anticipated project, further elevating expectations.

  • ASB Capital and Xtrackers by DWS launch XASB Sukuk ETF on London Stock Exchange

    ASB Capital and Xtrackers by DWS launch XASB Sukuk ETF on London Stock Exchange

    In a significant development for the global financial markets, ASB Capital, a purpose-driven asset management firm with $5.8 billion in assets under management (AUM), has partnered with Xtrackers by DWS, a leading European provider of exchange-traded funds (ETFs), to launch the XASB Sukuk ETF on the London Stock Exchange (LSE). This marks ASB Capital’s first Shari’a-compliant ETF and a milestone for Xtrackers by DWS, offering investors regulated, cost-efficient, and diversified access to the growing Sukuk market. The ETF provides exposure to over 150 Sukuk, addressing historical barriers such as high minimum investment requirements and limited product innovation. Sukuk, which represent 45% of the $2.5 trillion USD-denominated debt market, are forecasted to exceed $2 trillion by 2030, driven by their asset-backed nature and consistent performance. The partnership leverages Xtrackers’ expertise in ETF structuring and ASB Capital’s regional influence, creating a gateway for global investors to participate in this resilient asset class. Hichem Djouhri, Senior Executive Officer at ASB Capital, emphasized the firm’s commitment to innovative and accessible investment solutions, while Houda Ennebati, Head of Xtrackers ETF Sales – France & MENA, highlighted the ETF’s role in broadening investor participation in economic development. ASB Capital, licensed by the Dubai Financial Services Authority (DFSA), continues to strengthen its position as a regional leader with global reach.

  • Democrats’ NY mayor will shake things up starting with child care

    Democrats’ NY mayor will shake things up starting with child care

    Zohran Mamdani, a 34-year-old democratic socialist and New York State Assembly member, was elected as New York City’s mayor on November 4, 2025. His campaign, centered on making the city more affordable, resonated deeply with New Yorkers grappling with the high cost of living. Key promises included freezing rents, providing free public buses, and establishing a network of city-owned grocery stores. However, his most transformative pledge was the introduction of free, high-quality child care for every New Yorker from 6 weeks to 5 years old, coupled with raising child care workers’ wages to match those of public school teachers. Child care in New York City is notoriously expensive, with over 80% of families unable to afford the average annual cost of $26,000 for center-based care. A recent study highlighted that housing and child care costs are primary reasons families with young children are twice as likely to leave the city compared to those without children. Nationally, the child care system is widely regarded as broken, with U.S. families spending between 8.9% and 16% of their median income on full-day care for one child. Despite rising costs, child care workers remain poorly paid, with a median wage of $15.41 per hour in 2024. Mamdani’s plan, estimated to cost $6 billion annually, aims to address these issues by increasing corporate and income taxes on high earners. His vision for universal child care could have far-reaching economic impacts, including boosting women’s workforce participation and increasing disposable income for families. If successful, Mamdani’s policies could set a precedent for other cities and states to follow.

  • Watch: What New Yorkers want Mamdani to do as mayor

    Watch: What New Yorkers want Mamdani to do as mayor

    As New York City prepares to welcome its new mayor, 34-year-old Mamdani, the public is voicing their hopes and expectations for his leadership. Set to be sworn in on January 1, 2026, Mamdani will make history as the city’s first Muslim mayor and the youngest to hold the office in more than a century. This milestone has sparked widespread discussion about the future of the city under his administration. New Yorkers are eager to see how Mamdani will address pressing issues such as housing affordability, public safety, and economic recovery. His diverse background and youthful perspective are seen as potential assets in tackling these challenges. The anticipation surrounding his inauguration reflects a broader desire for innovative and inclusive governance in one of the world’s most dynamic cities.