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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Nations divided ahead of decisive week for shipping emissions

London, United Kingdom -- Members of the International Maritime Organization (IMO) are divided over whether to approve a carbon tax on...
  • The carbon tax, the most ambitious measure on the table, would make it more expensive for shipping companies to emit greenhouse gases, encouraging them to curtail emissions.
  • But some member states, including China and Brazil, are proposing other measures, arguing the carbon levy would increase the cost of goods and contribute to food insecurity.

‘AI saved 1.5 billion liters of water, cut carbon emissions equivalent to 1 million trees in Saudi Arabia’

Riyadh, Saudi Arabia – Artificial intelligence (AI) has contributed to saving 150 million sheets of paper and conserving 1.5 billion...
  • Alghamdi said that the planet is facing unprecedented challenges today, from record high temperatures to escalating climate risks that threaten global stability
  • Saudi Green Initiative lies at the heart of transformative efforts, being a comprehensive national strategy comprising over 80 initiatives, he added

Qatar to invest 1 bn pounds in climate technologies with UK

London, United Kingdom - The British government said Wednesday that it has agreed to a partnership with Qatar that will see...
  • British industrial group Rolls-Royce, which manufactures aircraft engines, will receive investments for programs dedicated to energy efficiency, the statement said
  • Qatar's investments in the British economy are estimated at over 40 billion pounds and the emirate indicated in 2022 that it intends to invest another 10 billion pounds by 2027

Plastic pollution talks South Korea fail to reach landmark deal

Busan, South Korea - Deeply divided negotiators failed on Sunday to reach a landmark global treaty to curb plastic pollution, missing...
  • For a week, delegates from nearly 200 nations meeting in South Korea have wrestled with how to stop millions of tonnes of plastic waste entering the environment each year
  • Plastic pollution is so ubiquitous that microplastics have been found on the highest mountain peak, in the deepest ocean and throughout almost every part of the human body

Saudi Arabia hosts UN talks on drought, desertification

Riyadh, Saudi Arabia - Saudi Arabia will host the COP16 UN conference on land degradation and desertification next week as the...
  • The subject of desertification is close to home for the Gulf kingdom, which has one of the biggest deserts on the planet
  • Land degradation disrupts ecosystems and makes land less productive for agriculture, leading to food shortages and spurring migration

World reaches $300 bn climate finance deal at COP29

A group of 134 developing countries had pushed for at least $500 billion from rich governments to build resilience against...
  • Nations grappled with bridging divides over how much wealthy, high-polluting countries should pay poorer nations most affected by climate change
  • A group of 134 developing countries had pushed for at least $500 billion from rich governments to build resilience against climate change

‘Moment of truth’ for world-first plastic pollution treaty

Bangkok, Thailand - Plastic pollution litters our seas, our air and even our bodies, but negotiators face an uphill battle next...
  • Countries will have a week in South Korea's Busan from Monday to round off two years of negotiations
  • The talks are a "moment of truth", UN Environment Programme chief Inger Andersen warned this month

Divided G20 fails to agree on climate action, Ukraine war escalation dominates Rio summit talks

G20 leaders in Rio failed to resolve UN climate talks deadlock, merely stating funding for developing countries battling global warming...
  • Ahead of the meeting, the UN had implored the leaders of the world's richest economies to rescue stalled climate talks in Azerbaijan by boosting funding for developing countries
  • G20 members, who are divided on who should pay, did not make such commitments, saying only that the trillions of dollars needed would come "from all sources."

COP29: Why new climate pledges need ambition, finance and action to succeed

Major emitters must take the lead, but every nation has a role in addressing the climate crisis. Success hinges on...
  • Many countries are due to submit their climate action plans – Nationally Determined Contributions – in 2025
  • The collective ability to limit global warming to 1.5°C depends on three key factors: ambition, finance and accelerated action

World leaders meet for climate talks, but big names missing raising concerns over global climate commitment

The small group of developed countries that currently contributes the money wants the donor pool expanded to include other rich...
  • More than 75 leaders are expected in Baku over two days but the heads of some of the most powerful and polluting economies are not attending this year's summit
  • Just a handful of leaders from the G20 -- which accounts for nearly 80 percent of planet-heating greenhouse gas emissions -- are expected in Azerbaijani capital

Nations advance ocean protection, vow to defend seabed

UN Ocean Conference wrapped up Friday with world leaders taking major steps toward marine protection and vowing a showdown when...

Latest News

Qatar to invest 1 bn pounds in climate technologies with UK

London, United Kingdom - The British government said Wednesday that it has agreed to a partnership with Qatar that will see...

Plastic pollution talks South Korea fail to reach landmark deal

Busan, South Korea - Deeply divided negotiators failed on Sunday to reach a landmark global treaty to curb plastic pollution, missing...

Saudi Arabia hosts UN talks on drought, desertification

Riyadh, Saudi Arabia - Saudi Arabia will host the COP16 UN conference on land degradation and desertification next week as the...

Most Read

‘Moment of truth’ for world-first plastic pollution treaty

Bangkok, Thailand - Plastic pollution litters our seas, our air and even our bodies, but negotiators face an uphill battle next...
  • Countries will have a week in South Korea's Busan from Monday to round off two years of negotiations
  • The talks are a "moment of truth", UN Environment Programme chief Inger Andersen warned this month

Divided G20 fails to agree on climate action, Ukraine war escalation dominates Rio summit talks

G20 leaders in Rio failed to resolve UN climate talks deadlock, merely stating funding for developing countries battling global warming...
  • Ahead of the meeting, the UN had implored the leaders of the world's richest economies to rescue stalled climate talks in Azerbaijan by boosting funding for developing countries
  • G20 members, who are divided on who should pay, did not make such commitments, saying only that the trillions of dollars needed would come "from all sources."

COP29: Why new climate pledges need ambition, finance and action to succeed

Major emitters must take the lead, but every nation has a role in addressing the climate crisis. Success hinges on...
  • Many countries are due to submit their climate action plans – Nationally Determined Contributions – in 2025
  • The collective ability to limit global warming to 1.5°C depends on three key factors: ambition, finance and accelerated action