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TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

UN official lauds UAE for resolve to cut carbon emissions to zero by 2050

The deployment and use of clean energy solutions is one of the main pillars of the UAE’s plan.
  • UAE aims to reach net zero greenhouse gas emissions by 2050
  • The initiative, announced at Expo 2020 Dubai, aims to underpin dynamic economic growth alongside positive environmental impact

The UAE’s aim to achieve net-zero emissions by 2050 has been praised by Stephane Dujarric, spokesperson for the Secretary-General of the United Nations.

In a statement today, Dujarric said: “We warmly welcome this very important announcement by the UAE.”

He urged other countries to emulate the Emirati example in the future, “specially ahead of the UN Climate Change Conference (COP26) in Glasgow

The United Arab Emirates will aim to achieve net-zero emissions by 2050, a plan commensurate with the country’s 2050 Strategic Initiative. It will make the UAE the first country in the whole of MENA region to take such action.

The initiative, announced at Expo 2020 Dubai, aims to underpin dynamic economic growth alongside positive environmental impact.

The country is leveraging its strong international relations to advance shared interests and drive sustainable development.

The deployment and use of clean energy solutions is one of the main pillars of the UAE’s plan to address the challenge of climate change and reducing greenhouse gas emissions.