$656 million committed to Loss & Damage Fund so far

• The fund signifies a pivotal moment in climate diplomacy, reflecting a growing acknowledgment of the need for tangible support for those most vulnerable to climate change.
• This initiative by the UAE and Germany at COP28 marks a new era of responsibility and cooperation among nations, setting a hopeful tone for the remainder of the conference.

UAE President announces $30bn Global Climate Fund at COP28 meet

• The fund, designed to address the critical gap in climate financing, aims to enable affordable access to climate finance.
• The UAE President highlighted the global urgency of addressing climate change and its pervasive impacts on life.

Act now as climate crisis has reached critical point

• Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.
• UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.

COP28 offers a chance to rethink, reboot and refocus

Water stress levels vary in Arab countries

• The region needs to develop and implement sustainable water management strategies to mitigate the growing water scarcity and its potential impacts.
• The high stress levels in GCC, in particular, highlight an urgent need for these nations to develop and implement sustainable water management strategies.

China announces 25 measures to aid private businesses

• These initiatives aim to diversify financial avenues for private businesses, marking a continued effort to bolster the private sector
• These initiatives aim to diversify financial avenues for private businesses, marking a continued effort to bolster the sector crucial for the country's economic progress.

It’s official: Saudi Arabia will host World Expo 2030

• The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness, and global connectivity.
• This monumental global event in Riyadh will showcase Saudi Arabia's transformation and commitment to a forward-looking and sustainable future.

Key contender Riyadh eyes Expo 2030 win tomorrow

• Saudi Arabia -- competing against Busan, Korea, and Rome, Italy -- bids for Expo 2030 with a focus on innovation, sustainability, and global unity.
• A successful bid could transform Saudi Arabia's tourism and business landscape, marking a significant milestone in its journey towards global prominence.

Gaza truce: Hamas, Israel free second group of civilians

• The move, part of a broader truce agreement mediated by Qatar and Egypt, saw emotional reunions as families welcomed their loved ones back.
• The situation remains tense, with discussions about extending the truce and the potential resumption of conflict by Israeli forces.

Does Anghami and OSN+ collab make financial sense?

• The OSN Group will invest in Anghami at a valuation of $3.65 per share, 3.9x the stock's average price for the past month.
• The combined entity will bring together over 120 million registered users and will be one of MENA’a largest streaming platforms.