Majid Al Futtaim's Bejjani Pledges Sustainability

The video discusses the critical role of stakeholder capitalism, emphasizing the need to create value for all ecosystem components, not just shareholders. It highlights the importance of a green recovery for sustainable economic growth post-COVID-19, particularly in the Middle East. The video also covers the progress in ESG benchmarks, encouraging their adoption to attract investment. Finally, it touches on regional integration in the GCC and trends in the property market, noting the positive impact of vaccination rollouts on economic recovery.

What is the primary focus of stakeholder capitalism as discussed in the video?

• Expanding market share

• Maximizing shareholder profits

• Creating value for all stakeholders

• Reducing operational costs

Why is a green recovery considered critical post-COVID-19?

• It ensures faster economic growth

• It reduces government intervention

• It focuses on short-term profits

• It supports sustainable economic growth

What role do investors play in promoting a greener economy?

• Investing in projects with net positive environmental impact

• Focusing solely on financial returns

• Avoiding high-risk investments

• Supporting traditional energy sectors

What significant progress was made in ESG benchmarks according to the video?

• Introduction of new tax regulations

• Adoption of new matrices by the IBC

• Increase in global oil production

• Reduction in corporate taxes

How does the adoption of new ESG matrices impact investment?

• It reduces investor confidence

• It increases market volatility

• It channels investment into sustainable sectors

• It decreases foreign direct investment

What was the impact of the GCC summit on regional relations?

• Increased economic fragmentation

• Reduction in diplomatic ties

• Normalization of relations

• Introduction of new trade barriers

What factor is driving economic recovery in the UAE?

• Reduction in tourism

• Increase in import tariffs

• Rollout of vaccinations

• Decrease in oil prices