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Geostrategy, Climate Change

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

UAE, Germany to cooperate in ecotourism, environment conservation

The German delegation visited Marawah Marine Biosphere Reserve. (WAM)
By TRENDS Desk
August 9, 2022 11:51 pm
  • AE’s Ministry of Climate Change and Environment (MOCCAE), represented by its Biodiversity Department, shared insights on ecotourism prospects with a German delegation.
  • The ministry explored collaboration to control marine pollution and promote sustainable aquatic environment.

UAE and Germany have reviewed cooperation on biosphere reserves, ecotourism, and environmental conservation.

A delegation from the German Development Cooperation Agency (GIZ) and German conservation NGO Succow Foundation discussed it while meeting members of the UAE’s Ministry of Climate Change and Environment (MOCCAE).

MOCCAE, represented by its Biodiversity Department, shared insights on ecotourism prospects in UNESCO Man and Biosphere (MAB) marine sites.

It explored collaboration to control marine pollution and promote a sustainable aquatic environment.

The visit featured a tour of Marawah Marine Biosphere Reserve, the region’s first and largest UNESCO-designated marine reserve with abundant wildlife.

The biosphere reserve is home to more than 60 percent of the UAE’s population of dugongs and boasts vast stretches of mangroves.

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