Agreement to provide data and analyzes on material and waste flows

The Ministry of Economy and Tourism signed a memorandum of understanding with Rebound, a company specializing in circular economy solutions and providing data and analyzes on material and waste flows, with the aim of enhancing cooperation and exchanging experiences in the fields of the circular economy, preparing joint studies, and developing innovative initiatives and activities that contribute to achieving the goals of the UAE Circular Economy Policy 2021-2031.

The memorandum was signed by the Assistant Undersecretary for the Policy and Economic Studies Sector at the Ministry of Economy and Tourism, Dr. Maria Hanif Al-Qassim, and the founder and general manager of Rebound Company, Maryam Al-Mansouri.

Al Qassim said: “Through cooperation with Rebound, we seek to innovate sustainable solutions and launch joint initiatives that enhance innovation in resource management, and create sustainable models that contribute to reducing environmental damage, ensuring higher efficiency in the processes of design, manufacturing, reuse, manufacturing, recycling, and increasing productivity, and in a way that enhances achieving a balance between economic growth and environmental preservation, in light of the (UAE Circular Economy 2031) agenda.”

For her part, Al Mansouri said: “We are pleased to sign the memorandum of understanding with the Ministry of Economy and Tourism to support the implementation of the UAE Circular Economy Policy 2021-2031, and we look forward to practical cooperation that includes exchanging experiences and data, implementing specialized workshops, and preparing joint studies.”

The memorandum covers a range of cooperation axes, including: exchanging information and experiences, organizing workshops and building capabilities, preparing studies and reports, participating in relevant conferences and official missions, in addition to exploring future joint projects.

Under the memorandum, cooperation will take place with Rebound to provide the Ministry of Economy and Tourism and the Emirates Circular Economy Council with accurate data and analyzes on the flows of materials and waste, and to support initiatives and pilot projects through specialized workshops, in a way that supports achieving the national goals of the circular economy.