UAE tops 50C in highest May temperature on record
The United Arab Emirates registered a sizzling 50.4 degrees Celsius on Friday, the highest on record for May, following weeks...
Economy
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...
Science
Global energy meet discusses way forward to net-zero emissions
VIENNA, AUSTRIA – High-level representatives from the member states of the United Nations Industrial Development Organization (UNIDO), international organizations, experts...
- The two-day forum showcased innovative technologies and transformative solutions to accelerate low-emission, climate-resilient development.
- The international event aimed to foster new partnerships to scale up investments and technology transfer to developing countries.
Geostrategy
Climate ‘loss and damage’ fund tops UAE talks ahead of COP28
Abu Dhabi, UAE - Setting up a "loss and damage" fund for poorer nations hit by climate change dominated preliminary talks...
- "The main focus for the moment is clearly the loss and damage fund," French Energy Minister Agnes Pannier-Runacher told AFP.
- The loss and damage fund is based on voluntary contributions and is not an "obligation", Pannier-Runacher added.
Oman revives CO2-busting mangroves as climate threat lurks
Oman, a minor oil producer compared with its neighbours the United Arab Emirates and Saudi Arabia, is moving quickly in...
- The country of 4.5 million people has become the Gulf's centre for mangrove restoration and preservation
- Mangrove habitats can remove carbon dioxide from the atmosphere at a faster rate than forests
Geostrategy
COP28 wide open to private sector, says climate talks chief
ABU DHABI, UAE - Upcoming UN climate talks in Dubai will be open to the private sector on an unprecedented scale,...
- Sultan Al Jaber, the COP28 president has consistently tried to frame the climate crisis as an economic opportunity.
- He said about 70 ministers and 100 delegations are attending the two-day talks, more than double the usual number.
Geostrategy
1.5C goal on the line as countries gear up for key climate talks
Paris, France -- Facing record-shattering temperatures and a geopolitical tinderbox, countries are scrambling to lay the groundwork for crucial UN climate...
- Ministers meet next week in the United Arab Emirates to grapple with flashpoint issues, including the future of fossil fuels.
- Rich polluters are under pressure to finally meet their promise to provide $100 billion in funding by 2020 for poorer nations to prepare for climate extremes.
Economy
Buildings should absorb more carbon than they release
"Buildings should produce more clean energy than they consume. This transformation demands a reevaluation of our relationship with nature. Rather...
- Renowned architect and design innovator Michael Pawlyn emphasizes the need for net positive sustainability actions.
- The health of natural systems is pivotal for future progress, he adds during the recent Majlis Mohamed bin Zayed lecture.
Geostrategy
COP28 summit targets 68% cooling emissions cut by 2050
"Without policy intervention, direct and indirect emissions from air conditioning and refrigeration are projected to rise 90 percent above 2017...
- Cooling methods currently account for over seven percent of global greenhouse gas emissions, according to the United Nations
- The UN has said there are already an estimated 3.6 billion cooling appliances being used globally, but that figure is expected to soar
Business
QFZ, Samsung C&T ink MoU
The two will collaborate in green, sustainable technologies.
- Both the parties will work together to achieve sustainability objectives within the free zones in Qatar through energy transition.
- QFZ, Samsung C&T will also explore co-investment opportunities in green infrastructure within the free zones.
‘Too hot outside’: Saudis take to walking, jogging in malls
Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year...
- Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year that described the issue as "alarming"
- To help bring that percentage down, the Saudi Sports for All Federation now organizes races such as the Riyadh Marathon, which this year drew thousands of runners
Economy
Retail plays a pivotal role in UAE’s Net Zero mission
“To achieve our climate objectives, every segment of the economy, including retail, must work towards a greener future. The upcoming...
- UAE minister Mariam bint Mohammed Almheiri emphasizes sustainability in retail operations
- A total of 13 additional businesses have signed the UAE Climate Responsible Companies Pledge
UAE tops 50C in highest May temperature on record
The United Arab Emirates registered a sizzling 50.4 degrees Celsius on Friday, the highest on record for May, following weeks...
Economy
Company News
IsDB, SWCC sign agreement
Business
Latest News
Saudi Arabia to highlight role in dealing with global challenges at WEF meet
RIYADH, SAUDI ARABIA – Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef said that the Kingdom’s participation in the...
Economy
2023 hottest recorded year as Earth nears critical threshold
PARIS, FRANCE - The year of 2023 was the hottest on record, with the increase in Earth's surface temperature nearly crossing...
Geostrategy
Energy companies to test CO2 capture in Brazil undersea oil field
PARIS, FRANCE - A consortium of Brazilian, British, French and Chinese energy firms will test new technology aimed at capturing CO2...
Business
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Japan quake toll rises to 62 as weather hampers rescuers
The 7.5-magnitude quake on January 1 that rattled Ishikawa prefecture on the main island of Honshu triggered tsunami waves more...
- The regional government of Noto Peninsula announced Wednesday that 62 people had been confirmed dead and more than 300 injured, 20 of them seriously
- JMA said the quake which triggered a major tsunami warning, had a magnitude of 7.6 and was one of more than 400 to shake the region through Wednesday morning
Geostrategy
Jordan takes steps to raise position in Global Food Security Index, says minister
AMMAN, JORDAN - Agriculture Minister Khaled Al-Hneifat said the ministry has been working hard over the past year to create...
- One of the points to achieve this goal are the creation of a national database for food security.
- The other is the issuance of a unique system for the Food Security Council, the minister said.
Race against time after deadly Japan quake
The 7.5-magnitude quake, which hit Ishikawa prefecture on the main island of Honshu, triggered tsunami waves more than a meter...
- USGS said the quake had a magnitude of 7.5. Japan's meteorological agency measured it at 7.6 and said it was one of more than 150 to shake Noto peninsula
- Almost 33,000 households were without power in the region, which saw temperatures touch freezing overnight, the local energy provider said