INSEAD Day 4 - 728x90

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Climate change fight a priority for COP 28 host

  • Abu Dhabi has committed more than $20 billion to renewable energy programs through Masdar, which has expanded the UAE’s renewable energy portfolio 400 percent in the last 10 years.
  • The UAE has three of the world’s largest solar plants and is rapidly building more.

The United Arab Emirates will host the COP 28 next year, which will be focusing on solutions to climate change.

To contribute toward the global efforts at containing climate change, the UAE is one of the leading countries in the world that have invested heavily in clean energy and emission-cutting technologies, making  such efforts as the essential part of its transformative vision.

Solar energy, according to the government, is available at 1.35 cents per kilowatt hour. The UAE has three of the world’s largest solar plants and is rapidly building more.

Abu Dhabi has committed more than $20 billion to renewable energy programs through Masdar, which has expanded the UAE’s renewable energy portfolio 400 percent in the last 10 years.

Masdar focuses on the development and commercialization of technologies in renewable energy, energy efficiency, carbon management and monetization, water usage and desalination.

Dubai is implementing a “Smart City” strategy, focusing on 1,000 government services and development in six main areas.

Here is a look at how UAE is playing a role in combating climate change: