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Masdar City
Masdar City () is an urban community in Abu Dhabi, the capital of the United Arab Emirates. It was built by Masdar, a subsidiary of the state-owned Mubadala Investment Company, with the majority of seed capital provided by the Government of Abu Dhabi. Masdar City aims to be a model for sustainable urban living, combining renewable energy, green building practices, and advanced technology. Masdar City is designed to minimise its environmental impact with energy-efficient buildings, a reduced carbon footprint, and a focus on research and development in clean technologies. As a hub for sustainable innovation, the city hosts a range of international companies, startups, and research institutions dedicated to advancing sustainable practices across various industries. As of 2023, Masdar City is home to approximately 15,000 residents and office commuters. The city is undergoing significant expansion, with numerous projects in development, including new offices, laboratories, and ...
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List Of Free-trade Zones In The United Arab Emirates
Free-trade zones in the United Arab Emirates are areas that have a special tax, customs and import regime, and are governed by their own framework of regulations (with the exception of UAE criminal law). Background The UAE has a number of free zones across Dubai, Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: * 100% foreign ownership of the enterprise * 100% import and export tax exemptions * 100% repatriation of capital and profits * Corporate tax exemptions for up to 50 years * No personal income taxes * Assistance with labor recruitment, and additional support services, such as sponsorship and housing. Each Free Zone is designed around one or more strict industry categories. An independent Free Zone Authority (FZA) governs each free zone, and is the agency responsible for issuing FTZ operating licenses and assisting ...
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Global Green Growth Institute
The Global Green Growth Institute (GGGI) is an intergovernmental organization based in Seoul, South Korea. It is dedicated to promoting green growth, which integrates economic progress with environmental sustainability. It provides technical support, research opportunities, and stakeholder collaboration to develop green growth plans, focusing particularly on the needs of developing countries. The activities are centered on four key areas: energy, water, land-use planning, and the development of sustainable urban environments, often referred to as green cities. History GGGI originated as a think tank in 2010, initiated by then President of South Korea Lee Myung-bak. In 2012, GGGI was transformed into an international treaty-based organization, a change formalized at the Rio+20 Summit in Brazil. GGGI operates under an agreement from its member countries established in 2012. The governance structure includes the Assembly, encompassing all member countries, and the Council ...
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Undercroft
An undercroft is traditionally a cellar or storage room, often brick-lined and Vault (architecture), vaulted, and used for storage in buildings since medieval times. In modern usage, an undercroft is generally a ground (street-level) area which is relatively open to the sides, but covered by the building above. History While some were used as simple storerooms, others were rented out as shops. For example, the undercroft rooms at Myres Castle in Fife, Scotland, of were used as the medieval kitchen and a range of stores. Many of these early medieval undercrofts were vaulted or Groin-vault, groined, such as the vaulted chamber at Beverston Castle in Gloucestershire or the groined stores at Myres Castle. The term is sometimes used to describe a crypt beneath a church (building), church, used for burial purposes. For example, there is a 14th-century undercroft or crypt extant at Muchalls Castle in Aberdeenshire in Scotland, even though the original chapel above it was destro ...
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Personal Rapid Transit
Personal rapid transit (PRT), also referred to as podcars or guided/railed taxis, is a public transport mode featuring a network of specially built guideways on which ride small automated vehicles that carry few (generally less than 6) passengers per vehicle. PRT is a type of automated guideway transit (AGT), a class of system which also includes larger vehicles all the way to small subway systems. In terms of routing, it tends towards personal public transport systems. PRT vehicles are sized for individual or small group travel, typically carrying no more than three to six passengers per vehicle. Guideways are arranged in a network topology, with all stations located on sidings, and with frequent merge/diverge points. This allows for nonstop, point-to-point travel, bypassing all intermediate stations. The point-to-point service has been compared to a taxi or a horizontal lift (elevator). Numerous PRT systems have been proposed but most have not been implemented. , only a ...
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Masdar PRT (1)
Masdar (Arabic: مصدر‎), also known as the Abu Dhabi Future Energy Company, is an Emirati state-owned renewable energy company. It was founded and chaired by Sultan Al Jaber in 2006 as a subsidiary of Mubadala Investment Company. The company is responsible for development of Masdar City, which headquarters the International Renewable Energy Agency. History In 2006, the UAE government established Abu Dhabi Future Energy Company PJSC (Masdar) to diversify the entire resources and boost the local economy. Sultan Al Jaber is the founder and served as the CEO of Masdar when it was founded in 2006. In 2009, he oversaw Masdar’s efforts to secure the presence of the International Renewable Energy Agency (IRENA) headquarters at Masdar City, delivering the successful bid in South Korea. In early 2016, Mohamed Jameel Al Ramahi was appointed as the chief executive officer of Masdar. In December 2022 it was announced that the Abu Dhabi National Energy Company PJSC (TAQA), Mubadala Inv ...
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Muscat, Oman
Muscat (, ) is the capital and most populous city in Oman. It is the seat of the Governorate of Muscat. According to the National Centre for Statistics and Information (NCSI), the population of the Muscat Governorate in 2022 was 1.72 million. The metropolitan area includes six provinces, called , and spans approximately . Known since the early 1st century CE as a leading port for trade between the west and the east, Muscat was ruled successively by various indigenous tribes, as well as by foreign powers such as the Persians, the Portuguese Empire and the Ottoman Empire. In the 18th century, Muscat was a regional military power: its influence extended as far as East Africa and Zanzibar. As an important port town in the Gulf of Oman, Muscat attracted foreign traders and settlers such as the Persians, the Balochs and the Sindhis. Beginning in 1970, after the accession of Qaboos bin Said as the Sultan of Oman, Muscat experienced rapid infrastructural development; it developed a ...
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Cairo
Cairo ( ; , ) is the Capital city, capital and largest city of Egypt and the Cairo Governorate, being home to more than 10 million people. It is also part of the List of urban agglomerations in Africa, largest urban agglomeration in Africa, List of largest cities in the Arab world, the Arab world, and List of largest metropolitan areas of the Middle East, the Middle East. The Greater Cairo metropolitan area is List of largest cities, one of the largest in the world by population with over 22.1 million people. The area that would become Cairo was part of ancient Egypt, as the Giza pyramid complex and the ancient cities of Memphis, Egypt, Memphis and Heliopolis (ancient Egypt), Heliopolis are near-by. Located near the Nile Delta, the predecessor settlement was Fustat following the Muslim conquest of Egypt in 641 next to an existing ancient Roman empire, Roman fortress, Babylon Fortress, Babylon. Subsequently, Cairo was founded by the Fatimid Caliphate, Fatimid dynasty in 969. It ...
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Foster And Partners
Foster and Partners (also Foster + Partners) is a British international architecture firm with its headquarters in London, England. It was founded in 1967 by British architect and designer Norman Foster. The firm has been involved in the design of major projects around the world, including the Gherkin in London, the Hearst Tower in New York City, the 1990s renovation of the Reichstag in Berlin, the Millau Viaduct in France, and Hong Kong International Airport. In addition to architectural design, the firm's practice encompasses engineering and industrial design. As of 2021, the firm had approximately 1,500 employees, located in offices in multiple cities, including New York, Hong Kong, and Madrid. The firm has won the Pritzker Architecture Prize and the Stirling Prize. By 2024, Foster + Partner earned more than half a billion dollars in fees. 40% of Foster + Partner's fees were paid by clients in the Middle East. History The firm was established by Norman Foster in 1967, ...
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Terracotta
Terracotta, also known as terra cotta or terra-cotta (; ; ), is a clay-based non-vitreous ceramic OED, "Terracotta""Terracotta" MFA Boston, "Cameo" database fired at relatively low temperatures. It is therefore a term used for earthenware objects of certain types, as set out below. Usage and definitions of the term vary, such as: *In art, pottery, applied art, and craft, "terracotta" is a term often used for red-coloured earthenware sculptures or functional articles such as flower pots, water and waste water pipes, and tableware. *In archaeology and art history, "terracotta" is often used to describe objects such as figurines and loom weights not made on a potter's wheel, with vessels and other objects made on a wheel from the same material referred to as earthenware; the choice of term depends on the type of object rather than the material or shaping technique. *Terracotta is also used to refer to the natural brownish-orange color of most terracotta. *In architecture, ...
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ...
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Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions”
United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009.
The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ...
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Potable Water
Drinking water or potable water is water that is safe for ingestion, either when drunk directly in liquid form or consumed indirectly through food preparation. It is often (but not always) supplied through taps, in which case it is also called tap water. The amount of drinking water required to maintain good health varies, and depends on physical activity level, age, health-related issues, and environmental conditions. This 2004 article focuses on the USA context and uses data collected from the US military. For those who work in a hot climate, up to a day may be required. About 1 to 2 billion people lack safe drinking water. Water can carry vectors of disease and is a major cause of death and illness worldwide. Developing countries are most affected by unsafe drinking water. Sources Potable water is available in almost all populated areas of the world, although it may be expensive, and the supply may not always be sustainable. Sources where drinking water is commo ...
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