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The Sun
06-06-2025
- Automotive
- The Sun
Vingroup and Gulf States Pursue Sustainability-Led Growth as Legacy Powerhouses Reinvent
HANOI, VIETNAM - Media OutReach Newswire - 6 June 2025 - Vietnam's Vingroup and Gulf nations share parallel journeys of strategic reinvention, as the old playbooks that delivered decades of growth are showing their limits. While Gulf countries built wealth on fossil fuel, Vingroup created enormous value through real estate and hospitality. Both are now shifting beyond their legacy sectors: Vingroup focuses on digital innovation and sustainability, and the Gulf nations seeks to diversify beyond hydrocarbons. For them, strategic reinvention becomes the logical response. Not disruption for disruption's sake, but calculated transformation grounded in self-preservation and innovation. Their experiences offer valuable lessons on how legacy powerhouses can adapt to structural transformation. A new growth engine that's not oil The UAE and Qatar demonstrate how national strategy can drive transformation. The UAE's Net Zero by 2050 initiative links energy policy with investment decisions and foreign relations. Qatar's National Vision 2030 embeds environmental stewardship into economic planning. More than just being aspirational, these documents translate into concrete investments. For example, the UAE committed over $54 billion to clean energy infrastructure, while Qatar doubled its solar capacity to 1.675 GW by 2025[1], cutting CO₂ emissions significantly. Sovereign wealth funds play crucial roles. Mubadala and QIA direct capital into clean technology as diversification hedges, treating green investments as strategic portfolio moves that reduce long-term risk while capturing growth opportunities. A Southeast Asian reinvention Turning to Southeast Asia, the story Vingroup mirrors many of the same themes of strategic reinvention seen in the Gulf. Originally a property development powerhouse, the conglomerate diversified into other fields such as electric vehicle production, smart technology, and green manufacturing. VinFast, its automotive arm, delivered over 97,000 electric cars in 2024 and targets 200,000 deliveries in 2025. In the context of Vietnam aiming to become a high-income country in its 'era of national rise', Vingroup functions as a national champion, building the country's first global EV brand while creating jobs and technological capabilities. The company's manufacturing complex in Hai Phong utilizes green practices and scales to serve both domestic and export markets. The broader ecosystem reflects systematic thinking. VinBus provides electric public transport in major cities. Smart homes in Vinhomes developments showcase energy efficiency. AI and IoT technologies optimize resource use across business lines. Each initiative reinforces the others. When green visions align Shared motivations drive collaboration. Both regions face climate urgency, pursue economic resilience, and seek global relevance. Complementary strengths make partnership logical. For example, the UAE's Masdar built Indonesia's largest floating solar plant[2]. Vingroup's EV arm, VinFast, opened regional showrooms and has signed several MOUs with regional reputable companies. Vietnam and the UAE signed their first trade pact, focusing on technology exchange. These ties leverage unique strengths: the Gulf states brings capital, energy expertise, and execution; Southeast Asia offers manufacturing, markets, and innovation capacity. In their collaboration, the Gulf states and Vingroup prove legacy players can align vision and capital for systemic change. Sustainability, when policy-led, becomes a growth pathway. Strategic reinvention turns challenges into advantages.
Arabian Post
22-05-2025
- Automotive
- Arabian Post
UAE Firms Unite to Advance Sustainable EV Energy Storage
Arabian Post Staff -Dubai Enercap by Apex Energy and ROX Motor have entered into a strategic partnership aimed at integrating advanced energy storage solutions into electric vehicles. The agreement was formalised at the Make it in the Emirates 2025 forum in Abu Dhabi, highlighting a commitment to sustainable mobility and localised manufacturing. Enercap, a subsidiary of Apex Investment, specialises in non-chemical, electrostatic energy storage systems. These systems, developed and manufactured in the UAE, offer rapid charging capabilities, extended lifespans, and mitigate risks associated with thermal runaway. ROX Motor, an international new energy vehicle brand, plans to incorporate Enercap's technology into its next-generation electric vehicles, enhancing performance and sustainability. ADVERTISEMENT The collaboration aligns with the UAE's national strategies, including Operation 300Bn, UAE Industry 4.0, and the Net Zero by 2050 initiative. By leveraging local innovation and manufacturing, the partnership aims to bolster the UAE's position in the global electric vehicle market and contribute to the country's industrial growth.
Mid East Info
21-05-2025
- Business
- Mid East Info
'JOHNSON CONTROLS-HITACHI AIR CONDITIONING HITS TRAINING MILESTONE FOR HVAC PROFESSIONALS ACROSS THE MIDDLE EAST AND AFRICA'
2,500 trained professionals help to advance regional sustainability goals DUBAI, UAE, May 2025 – In line with the UAE's Net Zero by 2050 strategic initiative, Johnson Controls-Hitachi Air Conditioning announced the successful training of over 2,500 professionals at its showrooms and training facilities across the Middle East & Africa distribution channels. This milestone reflects the company's growing role in accelerating sustainable development across the Middle East and Africa (MEA), where energy-efficient cooling is becoming a top priority. With global cooling demand expected to increase drastically by 2050, the International Energy Agency (IEA) warns that most air-conditioning units in use today are two to three times less efficient than top-performing models. Achieving net-zero targets, according to the IEA, requires both the adoption of high-efficiency systems and a shift in building design and user behaviour, such as adjusting thermostat settings and incorporating passive cooling strategies . 'We are proud to see the region setting the benchmark for sustainable building practices,' said Ahmed Aqel, general manager, Johnson Controls-Hitachi MEA. 'Our training programs are designed to accelerate that vision by equipping professionals with the tools and knowledge to implement HVAC solutions that not only reduce energy consumption but also support wider behaviour and design shifts needed to reach net-zero.' Located in the UAE — the first country in the MEA region to commit to net-zero emissions – the training program provides an immersive experience with cutting-edge HVAC technologies. It covers a range of offerings range from residential to advanced variable refrigerant flow (VRF) solutions. Designed specifically for the MEA region's extreme climate and rapidly expanding urban areas, these systems cater to the soaring demand for efficient cooling solutions. The program is specifically designed to support engineers, consultants, and decision-makers in sectors such as real estate development, education, healthcare, and industry. In addition to technical mastery, participants learn about optimizing system performance, reducing operational costs, and aligning with national green building codes and sustainability frameworks. 'In the Middle East, where space cooling accounts for up to 70% of residential electricity consumption, HVAC is one of the largest contributors to peak power demand . As the region's cities expand and temperatures rise, scalable, efficient cooling technologies are no longer optional — they are essential,' Aqel pointed out. Johnson Controls-Hitachi Air Conditioning has maintained a strong presence in the MEA region for over a decade, delivering integrated HVAC solutions to residential, commercial, and institutional projects. The company's diverse product portfolio and ongoing investment in knowledge development reflect its commitment to shaping a low-carbon, high-efficiency future. With the UAE's growing momentum in green building policies, Johnson Controls-Hitachi Air Conditioning is playing a pivotal role in supporting the transition to smarter, cleaner infrastructure. The company's efforts resonate beyond technology: they empower human capital, support sustainability policies, and enable a future-ready built environment. About Johnson Controls-Hitachi Air Conditioning: Johnson Controls-Hitachi Air Conditioning is a global air conditioning manufacturer established in October 2015 as a joint venture between Johnson Controls and Hitachi Appliances, Inc. (now Hitachi Global Life Solutions, Inc.). The company offered high-quality residential and commercial products, services, and solutions to its customers. It has released the most diverse HVAC products in the global market, including ductless solutions, chillers and residential air conditioning solutions that exceed customer expectations at all times.
Mid East Info
13-05-2025
- Business
- Mid East Info
Moro Hub and DIFC Forge Strategic Partnership to Accelerate Digital Transformation - Middle East Business News and Information
The strategic partnership aims to explore opportunities for offering advanced services to the DIFC Authority and its clients Dubai, UAE, May 2025: Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, during the 3rd edition of Dubai FinTech Summit. By combining their strengths, Moro Hub and DIFC are positioned to drive digital innovation and sustainability, reinforcing Dubai's position as a global leader in financial services and technology In the presence of HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) and HE Essa Kazim, Governor of DIFC, the MoU was signed by Mohammad Bin Sulaiman, CEO of Moro Hub and Alya Alzarouni, Chief Operating Officer at DIFC. The ceremony was attended by Arif Amiri, Chief Executive Officer of DIFC Authority and Eng. Marwan bin Haidar, Vice Chairman & Group CEO of Digital DEWA and Eng. Waleed Salman, Vice Chairman – Energy at Digital DEWA and Mohammed Alblooshi, CEO of DIFC Innovation Hub, as well as senior officials from both parties. His Excellency Saeed Mohammed Al Tayer, said: 'Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, we are working to position Dubai as a global hub for sustainable digital solutions in line with the UAE's Net Zero by 2050 Strategy and the Dubai Clean Energy Strategy 2050 and Dubai Net Zero Carbon Emissions Strategy 2050, ensuring a sustainable future for generations to come. This strategic partnership between Moro and DIFC reflects Dubai's firm commitment to accelerating digital transformation and strengthening its global leadership. Through the collaboration between Moro and the Dubai International Financial Centre (DIFC), we aim to empower institutions and businesses with world-class digital solutions, contributing to sustainable growth and creating new opportunities that support the Dubai Economic Agenda D33, which aims to double the size of the emirate's economy over the next decade through innovation and sustainable growth. This partnership embodies our shared vision for a future driven by innovation and sustainability, ensuring that Dubai remains at the forefront of technological and financial advancements worldwide.' His Excellency Essa Kazim, Governor of DIFC, commented: 'The collaboration between Moro and DIFC, aims to empower institutions and businesses with world-class digital solutions, contributing to sustainable growth and creating new opportunities that support the Dubai Economic Agenda D33. This partnership embodies our shared vision for a future driven by innovation and sustainability, ensuring Dubai remains at the forefront of technological and financial advancements.' 'This MoU marks a significant step in our efforts to strengthen the digital infrastructure across varied sectors. By collaborating with DIFC, we will contribute to the sustainable economic growth of Dubai. Together, we will explore ways to enhance digital solutions, ensuring that we remain at the forefront of innovation and security,' said Mohammad Bin Sulaiman, CEO of Moro Hub Alya Al Zarouni, Chief Operating Officer at DIFC Authority, added: 'Our agreement with Moro reinforces how DIFC continues working with like-minded organisations to provide world-class digital solutions that are valued by clients in the region's leading global financial centre. Collectively we will use the partnership to further enhance Dubai's reputation as a pre-eminent hub for technology and innovation.' This partnership aims to enhance the technological infrastructure and service offerings to clients within the DIFC ecosystem. These services include digital transformation, cloud services, cybersecurity, artificial intelligence, GPU as a service, and enterprise resource planning (ERP) packages and services. Moro Hub has been recognized by Guinness World Records for operating the world's largest solar-powered Green Data Centre, underscoring its commitment to green initiatives.
Channel Post MEA
13-05-2025
- Business
- Channel Post MEA
Moro Hub And DIFC Partner To Accelerate Digital Transformation
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, during the 3rd edition of Dubai FinTech Summit. By combining their strengths, Moro Hub and DIFC are positioned to drive digital innovation and sustainability, reinforcing Dubai's position as a global leader in financial services and technology In the presence of HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) and HE Essa Kazim, Governor of DIFC, the MoU was signed by Mohammad Bin Sulaiman, CEO of Moro Hub and Alya Alzarouni, Chief Operating Officer at DIFC. The ceremony was attended by Arif Amiri, Chief Executive Officer of DIFC Authority and Eng. Marwan bin Haidar, Vice Chairman & Group CEO of Digital DEWA and Eng. Waleed Salman, Vice Chairman – Energy at Digital DEWA and Mohammed Alblooshi, CEO of DIFC Innovation Hub, as well as senior officials from both parties. His Excellency Saeed Mohammed Al Tayer, said: 'Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, we are working to position Dubai as a global hub for sustainable digital solutions in line with the UAE's Net Zero by 2050 Strategy and the Dubai Clean Energy Strategy 2050 and Dubai Net Zero Carbon Emissions Strategy 2050, ensuring a sustainable future for generations to come. This strategic partnership between Moro and DIFC reflects Dubai's firm commitment to accelerating digital transformation and strengthening its global leadership. Through the collaboration between Moro and the Dubai International Financial Centre (DIFC), we aim to empower institutions and businesses with world-class digital solutions, contributing to sustainable growth and creating new opportunities that support the Dubai Economic Agenda D33, which aims to double the size of the emirate's economy over the next decade through innovation and sustainable growth. This partnership embodies our shared vision for a future driven by innovation and sustainability, ensuring that Dubai remains at the forefront of technological and financial advancements worldwide.' His Excellency Essa Kazim, Governor of DIFC, commented: 'The collaboration between Moro and DIFC, aims to empower institutions and businesses with world-class digital solutions, contributing to sustainable growth and creating new opportunities that support the Dubai Economic Agenda D33. This partnership embodies our shared vision for a future driven by innovation and sustainability, ensuring Dubai remains at the forefront of technological and financial advancements.' 'This MoU marks a significant step in our efforts to strengthen the digital infrastructure across varied sectors. By collaborating with DIFC, we will contribute to the sustainable economic growth of Dubai. Together, we will explore ways to enhance digital solutions, ensuring that we remain at the forefront of innovation and security,' said Mohammad Bin Sulaiman, CEO of Moro Hub Alya Al Zarouni, Chief Operating Officer at DIFC Authority, added: 'Our agreement with Moro reinforces how DIFC continues working with like-minded organisations to provide world-class digital solutions that are valued by clients in the region's leading global financial centre. Collectively we will use the partnership to further enhance Dubai's reputation as a pre-eminent hub for technology and innovation.' This partnership aims to enhance the technological infrastructure and service offerings to clients within the DIFC ecosystem. These services include digital transformation, cloud services, cybersecurity, artificial intelligence, GPU as a service, and enterprise resource planning (ERP) packages and services. Moro Hub has been recognized by Guinness World Records for operating the world's largest solar-powered Green Data Centre, underscoring its commitment to green initiatives. 0 0
