33 C
Abu Dhabi
Friday, July 17, 2026

Zayed Prize Boosts UAE Economy with 10,233 Global Business Submissions

Date:

A record-breaking 10,233 entries from 177 nations have been submitted for the 2027 cycle of the Zayed Sustainability Prize in the UAE, reflecting a 32% surge in participation compared to last year. This esteemed award seeks to honor groundbreaking initiatives that tackle pressing global issues across the sectors of climate action, health, food, energy, water, and education through global high schools.

Each winner in the categories of climate, health, food, energy, and water will be awarded $1 million, while those who reach the finalist stage will receive $150,000. Additionally, six global high schools will emerge victorious with $150,000 each, and their finalists will secure $25,000.

Dr. Sultan Al Jaber, the Director General, noted that the unprecedented number of submissions underscores a rising global interest in innovative, practical solutions that have the potential to enhance quality of life. Notably, a significant portion of the applications—more than two-thirds—originated from developing and emerging nations, with climate action drawing the highest number of proposals.

The announcement of the finalists is scheduled for September, paving the way for the winners to be celebrated at a ceremony set for January 12, 2027. This event will serve as a platform to recognize those who have made significant strides in addressing some of the world’s most critical challenges through sustainable solutions.

Subscribe to our magazine

━ more like this

Thailand Boosts Trade Ties with Expanded Vietnam, UAE Flight Routes

Thailand is making strides in bolstering its international aviation links through strategic collaborations with Vietnam Airlines and flydubai, alongside modernizing its regional airport infrastructure...

UAE Businesses Brace for Disruption as Missile Alert Sparks Regional Unrest

The United Arab Emirates (UAE) issued a missile alert early Tuesday morning, advising residents to take cover due to reports of increased missile and...

Iran-UAE Tanker Incident Disrupts Strait of Hormuz Trade, Economic Concerns Rise

The Strait of Hormuz, a crucial maritime passage, was the scene of a deadly incident involving two oil tankers operated by the United Arab...

Dubai Boosts Uganda’s Economy with 72.5-Tonne Ebola Aid Shipment

In a bid to bolster efforts against the Ebola outbreak affecting communities in the Democratic Republic of the Congo, Dubai has sent a significant...

UAE, Greece Leaders Explore Economic Opportunities Amid Regional Tensions with Iran

In a recent phone call, UAE President Sheikh Mohamed bin Zayed Al Nahyan and Greek Prime Minister Kyriakos Mitsotakis discussed the implications of the...