INSEAD Day 4 - 728x90

Climate Change

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

COP28 to help green transition in developing nations

"International reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change...
  • The UAE's hosting of the COP28 will act as a leverage for international focus on climate action in the region
  • Reports indicate that the Middle East and North Africa region is the most vulnerable to climate change risks

Climate change to be discussed in Dubai COP28 meet, says Egypt minister

Cairo, Egypt - Egyptian Minister of International Cooperation Dr. Rania Al Mashat, said the 28th Conference of the Parties to...
  • noted that international reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change risks
  • Al Mashat added that COP28 will see presentations on the most important results and joint action taken over a year within the National Platform for Green Projects

Dubai Chambers saves water, works on sustainability agenda

DUBAI, UAE - Dubai Chambers has contributed to the emirate’s drive for sustainability by saving a total of 72,239 litres...
  • The savings were achieved as part of the chambers’ participation in Dubai Can, a sustainability initiative launched by the Crown Prince of Dubai.
  • Dubai Can is aimed at educating and mobilising all segments of society to reduce waste and protect the environment.

Greek firefighters struggle to control wildfires for sixth day

Athens, Greece--Hundreds of firefighters in Greece struggled Thursday to gain the upper hand against major wildfires burning unchecked for a sixth...
  • Threatening a national park, a huge blaze continued to burn on Mount Parnitha near Athens, in the largest forest adjoining the capital
  • According to a government minister, Greece was going through the worst summer of fires since fire-risk maps were introduced in 2009

COP28 will provide a pivotal moment in climate action

The conference will focus on practical aspects, unifying action, and establishing partnerships, as well as aligning efforts to transition from...
  • COP28 will focus on practical solutions, unifying global action, and fostering partnerships, says IUCN chairwoman
  • The conference aims for a "human-centric" approach, emphasizing nature, food, health, and climate resilience, she adds.

Schools shut in Makkah region after heavy storms and downpour

The meteorology center warned of further storms on Wednesday bringing rain, wind and thunder to the Mecca region and elsewhere...
  • The storm brought gale force winds exceeding 80 kilometers (50 miles) per hour, Hussein al-Qahtani, spokesman for the National Centre for Meteorology.
  • The Makkah neighborhood of Al-Kakkiyah recorded 45 millimeters (1.8 inches) of rain within 24 hours, the meteorology center shared in a post on X.

UAE stands ready to host COP28: Almheiri at the start of 100 day countdown

Abu Dhabi, UAE - The UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri, affirmed on Tuesday...
  • Almheiri underscored the UAE's pivotal role in advancing global climate initiatives and safeguarding natural environment and earth
  • She said that in the context of the UAE’s 'Year of Sustainability' in 2023, the 100 days before COP28 will see the launch of myriad of initiatives

Sustainable finance helps achieve net-zero emissions

"Together, we are working under the direct supervision of the Central Bank of the UAE to further advance sustainable finance...
  • Six major UAE banks have dedicated over US$51.8 billion in green financing for renewable energy, waste-to-energy, and green technology projects
  • UBF members will play a critical role in integrating environmental values into business and industrial progress during the upcoming COP28, says its chief

Carbon neutrality strategy to propel green transition

This ambitious strategy, commissioned by the ASEAN Member States and with the support from the Australia for ASEAN Futures (AUS4ASEAN)...
  • The ASEAN Strategy for Carbon Neutrality aims to complement national initiatives of ASEAN Member States in meeting their Paris Agreement commitments
  • The strategy, supported by AUS4ASEAN initiative, highlights the urgency of pursuing carbon neutrality to unlock the value potential of a green transformation

Tens of thousands of Canadians flee homes as wildfires spread

Prime Minister Justin Trudeau said he had spoken with British Columbia Premier David Eby about the "rapidly evolving and incredibly...
  • Kelowna, a city of 150,000, was choked with thick smoke as it became the latest population center hit in a summer of dramatic wildfires across Canada
  • About 40 flights carrying around 3,500 passengers from Yellowknife have arrived in Calgary, said officials in the city, which has made nearly 500 hotel rooms available

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...

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London’s transport shifts gears with TfL’s cargo bike action plan

London, United Kingdom - On a busy north London street, plumber Ben Hume-Wright zipped through the heavy rush-hour traffic to his...

ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant

The Federal Authority for Nuclear Regulation (FANR), the UAE's independent nuclear regulator, recently issued the Operating License for Unit 4...

New platform to revolutionize global sustainability

World Wide Generation's and e& join hands to combine innovative technology and global collaboration to address critical environmental, social, and...
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INSEAD Day 4- 300x600

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COP28 initiatives to narrow climate finance disparity

Antoine Samaha of BCG applauds the launch of a Loss and Damage Fund for developing countries, emphasizing the need for...
  • At COP28, a significant focus was placed on climate finance, with the establishment of a Loss and Damage Fund to aid developing countries.
  • Antoine Samaha of BCG underscores the urgency of securing more funds and ensuring its equitable distribution to combat climate change.

UAE, Turkey explore ways to enhance bilateral relations

Abu Dhabi, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed bilateral ties with Recep Tayyip Erdogan, President...
  • UAE President Al Nahyan and Turkish president Erdogan also exchanged views on various regional and international issues of mutual interest.
  • The two leaders emphasized the importance of an immediate ceasefire in the Gaza Strip, ensuring the protection of civilians .

Gulf expects no change in oil export despite deal at COP28

Dubai, UAE - An agreement to "transition away" from fossil fuels may be a landmark moment but don't expect quick changes...
  • The deal "doesn't impose anything" on oil-producing countries and allows them to cut emissions "according to their means and their interests", Saudi minister said.
  • The United Arab Emirates' official WAM news agency called it a "win-win for all", describing COP28 as a "watershed moment in the fight against climate change".