Search Site

Trends banner

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

France, UAE share vision to shift towards clean energy

French Minister of Foreign Trade Olivier Becht said that he plans to visit the UAE soon to discuss boosting economic cooperation between the two countries. (WAM)
  • The UAE and his country are working together on low-carbon energy solutions, the French minister said.
  • The minister highlighted the rising number of natural disasters globally caused by climate change.

PARIS, FRANCE – French Minister of Foreign Trade Olivier Becht said his country and the UAE share a common vision of accelerating the shift to green energy to tackle the growing threats posed by climate change.

The two countries are working together on low-carbon energy solutions, he said,  expressing his trust in the UAE’s ability to successfully host COP28 at Expo City Dubai in November.

The world shares his belief about the country’s leadership in climate change, he added.

In a statement to the Emirates News Agency (WAM), Becht stressed that the UAE and France believe in accelerating the transition to green energy, in addressing the growing risks posed by global warming.

He also highlighted the rising number of natural disasters caused by climate change.

“The environmental challenges we face motivate us to be more courageous and committed in our actions to accelerate the energy transition,” Becht said.

“That is why the UAE and France have many joint projects in various fields, including hydrogen and nuclear energy for peaceful purposes, to produce clean energy that is the future of the sector,” he said.

The relations between the UAE and France are deep-rooted, he added.

Becht said that he plans to visit the UAE soon to discuss ways of boosting the economic cooperation between the two countries and take it to the next level.