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We bring you a collection of some of the most interesting quotes, extracted from articles in this issue. In case you missed reading, we recommend you flip back to take full advantage of the insights and remarks, in the context in which they have been presented.

Director’s remuneration, where the director under consideration does not have a significant equity stake in the business, however, can be considered to be deductible expenditure for the purposes of computing Corporate Tax liabilities.

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To further mitigate risks associated with Energy Saving Performance (ESP) projects and prevent conflicts, the IPMVP recommends the involvement of independent verifiers to review savings and validate measurements. Further, if conflicts do arise, they can help resolve them through expert arbitration and advice.

As bad as mineral scale is for heat transfer, biofilm is much worse – it is at least four times more insulating than mineral scale. As the biofilm grows thicker, the layer at the tube wall is depleted of oxygen, and sulphate-reducing bacteria generate corrosive byproducts that aggressively attack the tube metal. This process is referred to as microbiologically influenced corrosion (MIC) and is a primary culprit for tube failure.

Oman aims to become one of the largest producers and exporters of Green Hydrogen in the world by 2030. Its Green Hydrogen Strategy envisions an estimated USD 140 billion in investment in a new lowcarbon industry.

On a global average basis, healthcare systems account for over four per cent of global CO2 emissions. For most industrialised nations, that figure is closer to 10% of national emissions. As such, demand for the healthcare industry to improve environmental sustainability, address net-zero-carbon emissions goals and to enhance building operations efficiency is growing.

This led to the introduction of nominated and domestic contractors, which also resulted in a decrease in quality standards and an increase in the copy-paste culture

Often, these contracts are subdivided into numerous jobs, resulting in the developer attempting to funnel money outside the project and neglecting to pay the sub contractors and suppliers involved in the main job

The MEP industry could overcome cashflow challenges through project partnerships, classification and rating of contractors and consultants, fixing a minimum value for a project with an escalation clause, ensuring transparency in payables and deductibles and through considering the financial and resource capabilities of contractors when awarding projects.

According to estimates, 30,000 buildings across Dubai will be retrofitted before the end of 2030, to achieve a 30% reduction in energy demand. The retrofits are predicted to save over USD 22.33 billion and reduce emissions by 1 million tCO2.

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