This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

Climate Change

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

Iraq honey production at the mercy of heat and drought

Bees thrive in temperatures of around 30-35 degrees Celsius, not in searing heat, when the thermometer climbs to 50, said...
  • A bee needs to constantly forage for the pollen and nectar necessary for honey production but the drought is forcing bees to travel longer to pollinate
  • In 2022, honey produced in parts of Iraq controlled by the Baghdad federal authorities reached 870 tonnes, while in Kurdistan 850 tonnes were produced

UAE, India pledge for success of Dubai’s COP28 event

The UAE and India vowed to make this year's COP28 conference in Dubai a success, as Indian Prime Minister Narendra...
  • "The UAE and India are united in their determination to ensure the successful outcome of COP28 as an inclusive and action-oriented conference," said a statement.
  • The leaders of both the countries said they were "committed to enhance cooperation on climate ambition, decarbonization and clean energy".

Almost the entire world is experiencing record heatwaves

Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures,...
  • Authorities in many countries have been sounding the alarm, advising people to avoid outdoor activities in the daytime and to be wary of dehydration.
  • Scientists insist global warming - linked to dependence on fossil fuels - is behind the intensification of heat waves in the world.

Air pollution concerns on rise in Arab world: Report

Recent global data indicates an alarming rate of pollution in several Arab countries, with Lebanon, Egypt, and Saudi Arabia among...
  • Lebanon and Egypt, two Arab countries, feature in the top 15 most polluted nations in the world
  • Saudi Arabia ranks 51st, while UAE stands 78th, pointing to pollution challenge in the GCC countries

Sweltering heat leaves Gulf residents at risk during noon

DUBAI, UAE- As much of the world swelters in record temperatures, spare a thought for Issam Genedi, who ekes out a...
  • Apart from last week being identified as the hottest ever recorded worldwide, a wave of humidity has been suffocating the Gulf
  • Two weeks ago, more than 1.8 million Muslims battled through a days-long hajj pilgrimage in Saudi Arabia in temperatures up to 48C (118F)

DEWA given Net-Zero statement of verification for work on climate change

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has received the net-zero statement of verification and assurance certificate in...
  • This followed a comprehensive assessment conducted by W3 Solutionz - US based on the International Workshop Agreement Guidelines IWA 42:2022.
  • The Net Zero Guidelines were commissioned by Our 2050 World, a global collaboration to accelerate action towards net zero through standards.

IDB inks pact with IRENA

IDB will fund renewable projects by joining ETAF platform.
  • The IDB plans to co-finance renewable energy projects and energy transition technologies worth US$100 million in Latin America and the Caribbean.
  • By leveraging its global reach and energy transition knowledge, IRENA is actively developing a pipeline of energy transition projects .

EU clears biodiversity bill seeking natural habitat protection

The parliament's biggest political grouping, the conservative European People's Party (EPP), had sought to shoot down the text, arguing that...
  • The text endorsing the Nature Restoration Law passed with 336 votes in favor, 300 against and 13 abstentions.
  • The Nature Restoration Act, initiated by the European Commission, aims to resuscitate degraded ecosystems.

COP host UAE vows to cut more emissions in latest plan

The oil-rich Gulf monarchy, which will host this year's COP28 UN climate talks, last week unveiled plans to cut domestic...
  • To cut domestic pollution, the UAE plans to triple renewable energy production and slash emissions in everything from industry to transport
  • UAE climate change minister Almheiri said the UAE hopes to unveil details of its plan to reach domestic carbon "net zero" by 2050 in the coming months

4 bids for Al Ajban power project

There will be a process to select the best proposal.
  • Al Ajban Solar PV is EWEC’s third world-leading solar power project.
  • Abu Dhabi is home to world’s three largest single-site solar power plants.

WEF24: Catalyzing investment, trade transform Africa

Addressing infrastructure and climate change is crucial for Africa's development, British Robinson, the Coordinator of the Prosper Africa Initiative, tell...

Company News

Latest News

UAE to tie up with ACSAD to achieve zero neutrality by 2050

Dubai, UAE--The Arab Centre for the Studies of Arid Zones and Dry Lands (ACSAD) will partner with the UAE's Ministry...

OPEC chief says ‘single solution’ non existent for energy transition

Dubai, UAE - The OPEC oil cartel said Saturday there was no "single solution" to the energy transition as pressure grows...

China pushes for ‘acceptable’ to all deal on fossil fuel at COP28

Despite efforts by the OPEC oil cartel to block any text targeting fossil fuels at COP28, Chinese envoy Xie Zhenhua...

Most Read

Fossil fuels usage must end by 2040 to restrict warming to 1.5C

In a note to the UN Secretary-General Antonio Guterres and UN Climate Change body, shared with AFP, climate scientists from...
  • The steep timeline they laid out comes as climate negotiators at the COP28 talks in Dubai are tussling over the future of oil, gas and coal.
  • The UN climate negotiations are tasked with helping the world meet the Paris deal goal of limiting global warming to 1.5 degrees Celsius.

COP28 president Sultan Jaber pushes for rapid fossil fuels draft deal

Climate campaigners have viewed Jaber with deep suspicion due to his position as the head of UAE national oil firm...
  • Despite disagreements over the future of fossil fuels, Jaber voiced optimism that the talks hosted by the oil-rich UAE can finish with a historic deal
  • A draft deal was released on Tuesday but negotiators failed to produce another text on Wednesday before heading into the break

Renewable energy, sustainability drive GCC growth

The GCC's transformation towards sustainability encompasses economic growth, job creation, and resource management, shaping a resilient and green future for...
  • The GCC's transformation towards sustainability encompasses economic growth, job creation, and resource management, shaping a resilient and green future for the region.
  • Investments in solar and wind power in Saudi Arabia and the UAE mark a clean energy shift, reshaping consumer behavior and the financial sector, creating new jobs and industries.