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Middle East Consumers Prioritize ESG And Sustainability

Oct 2023

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Forbes Middle East - English

As the Middle East gears up to host COP28 in the U.A.E., sustainability has become the hot topic of the year. This heightened awareness has alerted consumers to their choices, prompting them to adopt more eco-conscious choices in their purchasing decisions.

- LAYAN ABO SHKIER

Middle East Consumers Prioritize ESG And Sustainability

Globally, 73% of consumers are willing to adopt a more environmentally friendly lifestyle, according to the latest independent research commissioned by Alibaba Group, titled “The Sustainability Trends Report 2023.” The research, published in July 2023, polled more than 14,000 consumers from 14 markets across Asia, Europe, and the Middle East. The research found that around 76% of consumers would welcome more information about how to be more sustainable, with the U.A.E. scoring 90%.

المزيد من القصص من Forbes Middle East - English

Forbes Middle East - English

Forbes Middle East - English

THE RELUCTANT VISIONARY

Sobha Group's Founder, PNC Menon, the U.A.E.'s wealthiest real estate expat billionaire, has built a fully integrated empire of luxury property and interiors. From record 2025 sales to landmark island projects, his next-generation leadership is redefining the region's property landscape.

time to read

6 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

Jackpot Stock Scare Story

WHAT TO DO IF MUCH OF YOUR WEALTH IS IN A SINGLE ASSET AND YOU DON'T WANT TO BE CLOBBERED BY CAPITAL GAINS TAXES.

time to read

5 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

Crash-Proof Funds

WORRIED ABOUT A BUBBLE? INNOVATOR CAPITAL HAS 160 ETFS DESIGNED TO LET YOU RIDE THE BULL MARKET WITH YOUR SEAT BELT SECURELY FASTENED.

time to read

4 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

BUILDING BLOCKS

As Founder and Chairman, Rizwan Sajan has grown Danube Group into a multi-vertical conglomerate, cementing its position as one of Dubai's most prominent private-sector developers. His latest move, a Shah Rukh Khan-branded tower, introduces one of Danube's most high-profile projects to date.

time to read

6 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

Leadership: The Journey Continues

Becoming a leader is not a conclusion, it is the beginning of a journey and the Middle East's business elite is putting its best foot forward.

time to read

6 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

PROFITING PERSONALLY

Lili Reinhart rode mainstream media to stardom. Now she's building a huge social media fan base to back her entertainment and skin care bets.

time to read

2 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

UNLOCKING VALUE

Mahmoud AbdelMaksoud, Cofounder and Co-CEO of Nawy Unlocked, is transforming Egypt's rental market by converting idle unfinished units into income-generating homes. After joining Nawy in January 2025 via acquisition, he plans to scale from 300 units to 7,000 within five years.

time to read

5 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

AI's Inner Voice

ELEVENLABS' computer voices are so convincing they could fool your mother. That's both a blessing-its 30 Under 30 alumni founders are now both billionaires- and a curse for the four-year-old company.

time to read

5 mins

Forbes ME December English Issue

Forbes Middle East - English

Inside the Everything Bubble

FROM AN AI-FUELED STOCK RALLY TO RECORD-HIGH GOLD, THE SIGNS ARE STACKING UP THAT NEARLY EVERY ASSET CLASS IS DUE FOR A RECKONING.

time to read

1 mins

Forbes ME December English Issue

Forbes Middle East - English

Forbes Middle East - English

Investment, Innovation, Ambition: The GCC Logistics Sector Is Evolving

In a context of economic diversification, shifting trade patterns, and advancing technology, the GCC is developing a logistics sector that is fit for the future.

time to read

4 mins

Forbes ME December English Issue

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