UAE's first green parking opens at The Dubai Mall
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Fri June 24, 2011 2:40 pm
china wholesale market

Dubai, June 23 2011 – EPIC, in collaboration with Dubai Events and Promotions Establishment (DEPE), today launched the UAE’s first green parking, fully equipped with charging stations for environment-friendly electric cars.

The initiative coincides with EPIC Dubai Sustainable Living Expo taking place June 22-24 at The Dubai Mall and as part of Dubai Summer Surprises 2011.

Denis R. Lefrancois, General Manager of EPIC Dubai, said: “We have witnessed a significant rise in the adoption of electric car technology in Dubai in response to the effective campaigns and tremendous efforts by government departments promoting the importance of sustainable transportation to improve public health and maintain a sustainable economic development.” 

From his side, Yousif Mubarak, Executive Director-Operations at DEPE, hailed the initiative stressing that “it was a pioneering  step that would pave the way for more similar initiatives in the future. Yes, electric cars are very limited in Dubai, but having a green parking at an important and popular venue such as Dubai Mall sends a strong message that the Government of Dubai is concerned about the environment.” “It will raise awareness about this important issue to say the least,” he added.

The charging stations, located on the third floor of the cinema and ice skating arena parking, are designed to encourage drivers to adopt the use of electric cars, reducing carbon footprint. It will also make it easier for electric cars enthusiasts to drive across Dubai and recharge their cars at The Dubai Mall while enjoying a fun day of shopping and entertainment.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 1, 2015
INTERNATIONAL. "We think that sukuk issuers will likely list more of their sukuk on exchanges and that some regulators will start to accept sukuk as collateral for liquidity provisions."
date:Posted: April 1, 2015
UAE. Investment bank focused on emerging markets asserts that Dubai could also be a beneficiary, as multinational companies could use the emirate as their hub for Iran opportunities.
date:Posted: April 1, 2015
UAE. Last year marks the fourth consecutive year private equity limited partners have been cash flow positive, with payouts from a wide open exit channel exceeding new investments in a challenging deal environment.
dhgate