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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.

Global research collaboration will help achieve SDGs

“We need greater cooperation is scientific research and innovation. Research and innovation are not only imperative for national and global...
  • UAE Minister of State Sarah Al Amiri believes achieving the SDGs, Paris Agreement goals, and Global Biodiversity Framework demands united efforts from research communities
  • The UAE minister reaffirms the UAE's commitment to increasing R&D spend to 2% of GDP by 2031 and the formation of the Emirates Research & Development Council

Saudi Arabia should ‘review’ emissions targets: French minister

France's energy transition minister Agnes Pannier-Runacher left the world's biggest oil exporter early Sunday morning after meeting with her Saudi counterpart....
  • Saudi Arabia pledged in 2021 to achieve net zero carbon emissions by 2060. Pannier-Runacher's trip came as the UAE prepares to host the COP28 climate summit.
  • Largely state-owned energy firm Saudi Aramco, the kingdom's main revenue generator, is targeting "operational net-zero" carbon emissions by 2050.

Dubai Solar event to focus on research in clean energy

DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) said the MENA Solar Conference (MENA-SC) which it organizes from November 15-18...
  • Prominent experts, specialists and researchers worldwide will highlight the latest developments, technologies and scientific research in solar power.
  • The four-day conference will discuss various scientific research in the solar energy sector to accelerate the transition towards renewable and clean energy.

‘Greenhouse gas emissions from agriculture likely to rise by 7.5% in next decade’

PARIS, FRANCE - Greenhouse gas emissions from agriculture are expected to increase by 7.5 percent in the next decade, said...
  • Projected greenhouse gas emissions are less than half the projected output growth.
  • This output indicates a significant fall in the carbon intensity of agricultural production.

Abu Dhabi frames new grazing regulations to protect rangelands

Abu Dhabi, UAE-- In order to protect natural rangelands and promote sustainable traditional grazing practices, the Environment Agency – Abu...
  • The introduction of the new policy by the agency will ensure the recovery of vegetation cover and promote the sustainability of biodiversity
  • The new regulation mandates that licensees should stay away at least 2km from protected areas, forests, residential, military and private areas

Global maritime sector improves carbon-reduction target: draft deal

Compared with 2008 levels, the United Nations' global shipping regulator has agreed to cut total annual emissions of greenhouse gases...
  • The latest agreement comes at the end of a five-day meeting at the International Maritime Organization's headquarters in London
  • The vast majority of the world's 100,000 cargo ships - which carry 90 percent of the world's goods - are powered by highly-polluting diesel

Climate change tests limits of Mediterranean wildfire strategy

In the northwest United States they say the average expanse of forest destroyed by wildfires annually doubled between 1984 and...
  • In October 1970, 11 people perished near France's far southeastern border with Italy and then fifteen years later, a new inferno in the area killed five volunteer firefighters
  • Many observers credit the fall in fatalities to the strategy adopted in the early 1990s in the arc from France's border with Spain to the frontier with Italy

World saw hottest June on record, Tuesday hottest day ever

Petteri Taalas, secretary-general of the UN's World Meteorological Organization, warned on Monday that El Nino "will greatly increase the likelihood...
  • "The month was the warmest June globally at just over 0.5 degrees Celsius above the 1991-2020 average, said EU monitor Copernicus.
  • The tumbling records reflect the impact of global warming driven by greenhouse gases released from human activity.

Climate change spells ‘truly terrifying’ future of hunger, suffering: UN

On current policy trends, the planet will be 2.8C warmer by the end of the century, according to the UN's...
  • UN human rights chief Volker Turk told a debate on the right to food that extreme weather events were wiping out crops, herds and ecosystems.
  • "Our environment is burning. It's melting. It's flooding. It's depleting. It's drying. It's dying," he said, evoking a "dystopian future".

France, UAE share vision to shift towards clean energy

PARIS, FRANCE - French Minister of Foreign Trade Olivier Becht said his country and the UAE share a common vision...
  • The UAE and his country are working together on low-carbon energy solutions, the French minister said.
  • The minister highlighted the rising number of natural disasters globally caused by climate change.

Wind-powered Dutch chemical tanker sets sail for greener future

Rotterdam, Netherlands - The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping...

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OPEC implores members to oppose any COP28 deal targeting fossil fuels

Dubai, UAE--The head of OPEC has urged members of the oil cartel to reject any deal at UN climate talks...

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...

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...

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COP28 strong push for climate action in Arab region

"The UNDP has spent approximately $1 billion in the Arab region for integrated development solutions driven by national priorities and...
  • Launch of the Loss and Damage Fund at COP28 marks a crucial step in supporting climate action in the Arab region.
  • UNDP's significant investment of $1bn in the Arab region focuses on integrated development aligned with national priorities.

99 percent of world live in areas with air pollution levels above WHO guideline limits

DUBAI, UAE - According to World Health Organization data, 99 percent of the world’s population lives in places where air...
  • Leading businesses recognize that they have an important role in reducing air pollution alongside greenhouse gas emissions.
  • Business activity contributes significantly to air pollution globally but air pollution is not prioritized nor integrated into climate action.

People-positive approach needed in clean power transition: WEF paper

Dubai, UAE -- Building massive infrastructure for clean power projects in pursuit of climate goals will need nearly $4.5 trillion in...
  • The white paper calls for a dialogue between the industry and community groups and NGOs to define common standards for a people-positive energy transition.
  • It also urges governments to not only focus on the lowest price but also the wider societal value creation in their transition plans.