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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

How film and TV can help the climate change battle

Analysing a database of 37,453 film and TV scripts from 2016 to 2020, researchers at the University of Southern California...
  • Scriptwriters have been keen to address climate change, Joyner said, but felt others would not be interested, or that they would be branded as hypocrites
  • The number of Americans viewing climate change as a major threat jumped from 37 to 55 percent between 2017 and 2021, despite right-wing denials

All regions experienced water extremes in 2021, says UN

GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and...
  • Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said.
  • Some 3.6 billion people face inadequate access to freshwater at least one month per year.

UK start-up behind algae-based packaging bids for Earthshot glory

Notpla -- whose mantra is "we make packaging disappear" -- is competing with 14 other firms for five prestigious awards,...
  • Viral online interest has helped attract the attention of investors, with Notpla expanding rapidly to boast more than 60 employees
  • A recent OECD report found, at the current rate, worldwide plastic waste will triple by 2060 to one billion tones per year

In rain-starved Iraq, a dam threatens to swallow farmland

Five villages are located on the site of the Makhoul dam and "a commission has been formed to ensure adequate...
  • Tens of thousands of Iraqis are threatened by the Makhoul dam, which the government hopes will be operational on the mighty Tigris in five years
  • There are repercussions for flora and fauna, warn environmental groups Save the Tigris and Humat Dijlah, who say the ancient city of Ashur -- a UNESCO listed site -- is at risk

MoCCAE highlights role of UAE Climate Change Research Network

SHARM EL SHEIKH, EGYPT - The Ministry of Climate Change and Environment (MoCCAE) organized an awareness session on the UAE...
  • The network aims to support collaborative research programs by creating a platform for engaging the academic and scientific community.
  • Drawing the participation of 100 attendees, the event explored several key topics, including promoting science and policy engagement for climate action.

UAE University’s agriculture college launches campaign to cut food waste

AL AIN, UAE - The College of Agriculture and Veterinary Medicine at the United Arab Emirates University launched an awareness...
  • The program is targeting schools and universities to educate students about the need to reduce food waste.
  • The studies conducted in the food court showed that over 50 kilograms of foods is wasted daily during breakfast and lunch.

Air pollution killed 238,000 Europeans prematurely in 2020: EEA

Across the 27-nation bloc that year, "exposure to concentrations of fine particulate matter above the 2021 World Health Organization guideline...
  • Fine particulate matter, or PM2.5 travel deep into the respiratory tract, worsening the risk of bronchitis, asthma and lung disease
  • The EU wants to slash premature deaths related to fine particulate matter pollution by 55 percent in 2030 compared to 2005 levels

At least 35 hurt after magnitude-6.1 quake in Turkey

National authorities said the quake was at a magnitude of 5.9 -- lower than the 6.1 given by the US...
  • The shallow tremor struck about 170 kilometres (105 miles) east of Istanbul, the country's largest city, where it was strongly felt
  • Experts have long warned a large quake could devastate Istanbul, which has allowed widespread building without safety precautions

Search for buried survivors after Indonesia quake kills 162

The epicenter of the shallow 5.6-magnitude quake on Monday was near the town of Cianjur in Indonesia's most populous province...
  • Indonesia's national disaster mitigation agency, or BNPB, said at least 25 people were still buried under the rubble in Cianjur as darkness fell on Monday
  • The devastation caused by the quake was made worse by a wave of 62 smaller aftershocks -- with magnitudes ranging from 1.8 to 4 -- that kept shaking Cianjur

COP27 agrees to fund climate damages, no progress on emission cuts

A final COP27 statement covering the broad efforts to grapple with a warming planet held the line on the aspirational...
  • Tired delegates applauded when the fund was adopted as the sun came up Sunday following two extra days of negotiations
  • UN chief Antonio Guterres said the talks had "taken an important step towards justice" with the loss and damage fund

Big firms with $7trn exit climate investment pressure group

Launched in 2017, Climate Action 100+ aims to work with companies to halve their greenhouse gas emissions by 2030, through...

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UAE President announces $30bn Global Climate Fund at COP28 meet

In a groundbreaking announcement at the World Climate Action Summit during the UN Climate Change Conference (COP28), UAE President Sheikh...

COP28 puts spotlight on state oil giants

Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but...

COP28’s Green Zone: A central hub for climate-related activities

Dubai, UAE - The Green Zone at the COP28, overseen and managed by the conference presidency team, serves as a...

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Gulf leads the charge in green mobility revolution

In the heart of the GCC, a transformative shift towards 'Green Mobility' is underway, driven by a commitment to environmental...
  • In the heart of the GCC, a transformative shift towards 'Green Mobility' is underway, driven by a commitment to environmental sustainability and reducing carbon footprints.
  • This shift, led by nations like the UAE and companies like Aramex, is redefining the future of transportation, blending innovation, economic growth, and ecological stewardship.

Indian spiritual leader Sadhguru to kick off COP28 faith pavilion

Dubai, UAE – Indian spiritual leader Sadhguru will address the first-ever Faith Pavilion at COP28 on Friday December 1, kicking...
  • Head of the Isha Foundation and founder of the Save Soil movement will present his vision on the critical role of healthy, living soils in mitigating the impacts of climate change
  • Sadhguru has built up an international following, with over a billion views on YouTube and 11 million followers on Instagram, with his message of spirituality and climate action

Rising global temperatures in focus as COP28 kicks off in Dubai

Dubai, UAE--Rising sea levels, vanishing Arctic landscapes, fading coral reefs, acidic oceans, and raging forest fires are common occurrences today....
  • Climate change and the El Niño weather pattern, according to many scientists, are to blame for the recent record-breaking temperatures around the world
  • According to UN Secretary General António Guterres, people around the world experienced “hell" in countries such as Egypt, France, Greece, and India