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...
Interview
COP hosts UAE, Azerbaijan, Brazil announce climate ‘troika’
The UAE hosted last year's COP28 conference in Dubai, while Azerbaijan will host this year's summit followed by Brazil in...
Economy
Science
Ocean conference participants pledge US$19bn
Panama City, Panama - Delegates to a global conference on saving the world's oceans pledged US$19 billion, the host country Panama...
- European Union announced it would dedicate $865 million to ocean-related projects this year
- The total included a $6 billion from the United States, announced by White House climate envoy John Kerry
Business
Masdar unveils 200MW Solar Park in Jordan
Amman, Jordan - The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar,...
- The Baynouna Solar Park produces over 560 gigawatt-hours (GWh) of energy annually – enough to power 160,000 homes
- The plant also displaces 360,000 tons of carbon dioxide per year, equivalent to taking nearly 80,000 cars off the road.
Geostrategy
UAE takes part in first G20 Finance Ministers meeting in 2023
ABU DHABI, UAE - Minister of State for Financial Affairs Mohamed Hadi Al Hussaini headed the UAE delegation participating in...
- Held for the first time under the Indian presidency in Bengaluru, the meeting discussed the progress under the G20 priorities for 2023.
- The UAE team reiterated the importance of a globally coordinated multilateral action to promote climate finance.
UN to try anew to finish treaty protecting the high seas
But on the eve of the talks, set to run through March 3, cautious optimism appears to be taking hold,...
- After more than 15 years of formal and informal talks, this will be the third time in less than a year that negotiators will attempt to conclude the deal
- The high seas begin at the border of countries' Exclusive Economic Zones, which extend up to 200 nautical miles, or 370 kilometers, from coastlines
Turkey quake fuels conspiracy posts on US antenna station
Scientists have for years been refuting claims that the High-frequency Active Auroral Research Program (HAARP), with its Alaska facility boasting...
- The series of earthquakes that struck Turkey and Syria on February 6, gave rise to a new conspiracy theory on social media in various languages
- Some recent ones suggested the aim is to create climate change so that authorities can restrict people's activities or even reduce the population
Business
DEWA, ENOC sign MoU
Aim is to develop hydrogen-based mobility pilot project.
- The MoU between DEWA and ENOC was signed at the World Government Summit 2023 in Dubai.
- The project will utilize DEWA's existing green hydrogen production facility and ENOC's knowledge of the fuel market.
Business
DEWA updates strategic plan to include achieving net-zero by 2050
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has updated its strategic plan, adding achieving net-zero by 2050 to...
- DEWA is steadily moving towards reducing its carbon footprint to achieve a sustainable net-zero carbon by 2050.
- The production capacity of clean energy in Dubai is around 14 percent of total power generated.
Science
Environment Agency – Abu Dhabi issues marine water quality policy
ABU DHABI, UAE - The Environment Agency - Abu Dhabi (EAD) has issued a policy on sustaining marine water quality...
- The policy is part of EAD's efforts to maintain and sustain Abu Dhabi's marine waters and limit practices that can cause marine pollution.
- The policy aims to develop relevant legislative and regulatory frameworks and halt discharges that may have adverse impacts on the marine environment
Economy
‘UAE is committed to achieving sustainability’
ABU DHABI, UAE - Ruler's Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment...
- Abu Dhabi attaches high priority to protect the environment and preserve natural resources.
- Sheikh Hamdan also highlighted the emirate and the EAD's journey in promoting sustainability and preserving the environment.
Geostrategy
UAE participates in G20’s sustainable finance working group meeting for 2023
ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...
- The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.
- G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.
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...
Interview
Company News
Latest News
Masdar, EDF to develop up to 3.6GW of hydropower, renewable projects in Kyrgyzstan
Dubai, UAE – Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy powerhouse, and EDF have signed an agreement...
COP28 UAE
Tunisia aims to reach 30% renewable energy by 2030: Delegate to COP28
Dubai, UAE - Tunisia has set a goal to reduce greenhouse gas emissions by 45 percent by 2030, and is...
COP28 UAE
MENA region can create 10m jobs by 2050 via climate action, says ILO
DUBAI, UAE - International Labor Organization (ILO) Deputy Regional Director for the Arab States Peter Rademaker has confirmed that the...
COP28 UAE
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Geostrategy
World Bank offers to host Lost and Damage Fund: Official
Dubai, UAE -- "World Bank has offered to host the Lost and Damage Fund, so we'll work very closely with...
- Axel van Trotsenburg, Senior Managing Director, said, "“COP28 started with great announcements on the Loss and Damage Fund. I think it has been an extremely important decision."
- "We need to be global. We need all countries to participate in this global challenge," he noted, adding, "We need to make sure that we can keep the 1.5 degrees."
Economy
Morocco gardening school cultivates hope for marginalised youth
Launched by the Islamic Culture Foundation in 2018, Bouregreg Med-O-Med school provides free training to dropouts and other marginalized youths...
- Bouregreg Med-O-Med school in Morocco aims to raise awareness about climate change while promoting the social inclusion of marginalized young people
- The school has a nursery of local plants that are better adapted to water stress, which is crucial for Morocco as the country suffers its worst drought in almost 40 years
Economy
COP28 ignites key climate change talks in Arab world
"The event focuses on transitioning the energy sector, demonstrating how strategic investments can foster prosperity without solely relying on fossil...
- Colombia's President Gustavo Petro emphasizes the significance of COP28 for addressing climate issues.
- Petro stresses on the transition from traditional energy sources to sustainable alternatives to save the Earth.