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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.

UAE, Germany to cooperate in ecotourism, environment conservation

UAE and Germany have reviewed cooperation on biosphere reserves, ecotourism, and environmental conservation. A delegation from the German Development Cooperation...
  • AE’s Ministry of Climate Change and Environment (MOCCAE), represented by its Biodiversity Department, shared insights on ecotourism prospects with a German delegation.
  • The ministry explored collaboration to control marine pollution and promote sustainable aquatic environment.

Kurdish Iraqi farmer sprouts online advice, green awareness

The mustachioed 50-year-old with almost half a million Facebook followers posts weekly videos on topics such as protecting fruit trees,...
  • The mustachioed 50-year-old with half a million Facebook followers posts weekly videos on topics such as protecting fruit trees and helping people get more from their farms
  • With Iraq already witnessing record low rainfall and high temperatures in recent years, Muhamad warned that if the government doesn't act now, the damage will be done

Jordan, Canada to forge cooperation in food and water security

Jordan and Canada on Sunday discussed enhancing bilateral development cooperation, especially in food and water security. Jordan’s Minister of Planning...
  • Canada is expected to support the education sector and vocational and technical education in Jordan.
  • The two sides agreed to renew the MoU signed in 2015 between both countries to identify the areas where Canada could support Jordan.

UAE climate change ministry, EDB to finance agro ventures

UAE Ministry of Climate Change and Environment and Emirates Development Bank sign a Memorandum of Understanding to finance agricultural SMEs...
  • UAE Ministry of Climate Change and Environment and Emirates Development Bank ink pact to finance agricultural SMEs
  • This move will help to contribute to the UAE’s sustainable economic development and food security

Floods deepen misery in Iran as death toll rises to 80

At least 80 people have been killed and 30 others are missing in floods that have wreaked havoc across Iran...
  • President Ebrahim Raisi visited flood-ravaged areas in Firouzkouh region east of the capital to assess the situation
  • Videos and pictures posted by Iranian media and on social media showed houses and cars surrounded by grey mud, and people trying to recover their belongings

Heatwave causes 1,700 deaths in Spain and Portugal, says WHO

The World Health Organization's European office has said the heatwave baking Europe has caused over 1,700 deaths on the Iberian...
  • WHO official says that exposure to extreme heat often exacerbates pre-existing health conditions
  • The international organization has called for joint action to tackle climate change

Testing of Barakah Nuclear Plant’s last unit successful

The Emirates Nuclear Energy Corporation has successfully completed the Hot Functional Testing on Unit Four, the last of its four...
  • Emirates Nuclear Energy Corporation successfully completes Hot Functional Testing on the last of its four units of Barakah Nuclear Energy Plant
  • Results demonstrate that all systems perform in accordance with the highest quality and safety standards under normal operating conditions

Are EVs driving towards greener world or uncertainty?

Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery...
  • Recent studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production.
  • Wider adoption of EVs will hinge on affordability which, in turn, is reliant on battery production and robust charging infrastructure

Libyans at boiling point amid summer power cuts

The people of Libya are enduring electricity cuts of up to 18 hours a day, despite their country sitting atop...
  • The electricity crisis is just the latest trial for Libyans after a decade of insecurity, fuel shortages
  • Many of Libya's seven million people have turned to unreliable, gas-guzzling and polluting generators for electricity

‘Hydrocarbon trade must finance transition to clean energy’

A study in the journal Nature Climate Change found that within this century, parts of the Gulf region could be...
  • The international community largely agrees that climate change poses an existential threat to the planet.
  • Meteorologists are predicting more frequent and intense episodes of extreme weather in coming years.

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...

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World can’t ‘unplug’ existing energy system: COP28 head

Riyadh, Saudi Arabia - The president of the upcoming COP28 climate talks in Dubai called on Sunday for governments to abandon...

Drought caused major global hydropower drop in early 2023

BANGKOK, THAILAND - Dry conditions, particularly in China, caused a "historic" global drop in hydropower in the first half of 2023,...

‘Broken in two’: Libya flood survivors grapple with mental health

Last month's flood was the latest catastrophe to strike the oil-rich North African country that has been wracked by war...

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ADNOC awards two contracts for Hail and Ghasha Offshore Development project

ABU DHABI, UAE – ADNOC on Thursday announced the final investment decision (FID) and award of contracts for the Hail...
  • The first contract for the offshore facilities has been awarded to a joint venture between National Petroleum Construction Company and Saipem.
  • The second contract will deliver the onshore scope, including carbon dioxide and sulphur recovery and handling and has been awarded to Tecnimont.

Largest climate fund seeks new funding for vulnerable

The Green Climate Fund (GCF) was set up as part of the landmark 2015 Paris Agreement to funnel grants and...
  • The Green Climate Fund says Thursday's conference in Germany will allow it to invest more in a decade it sees as critical for climate action
  • It has laid out a 50by30 vision to manage $50 billion by 2030, almost triple its current capital of $17bn, to focus efforts on developing countries

ADNOC, Fertiglobe to pilot cost-effective modular carbon capture technology

ABU DHABI, UAE – ADNOC and Fertiglobe on Tuesday announced the pilot deployment of the world’s first cost-effective modular CycloneCC...
  • The CycloneCC technology is designed to improve the economics of point-source carbon capture within industrial facilities.
  • Traditional point source carbon capture technology relies on feeding gas through large absorption and stripping towers.