ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant
The Federal Authority for Nuclear Regulation (FANR), the UAE's independent nuclear regulator, recently issued the Operating License for Unit 4...
Business
Gulf expects no change in oil export despite deal at COP28
Dubai, UAE - An agreement to "transition away" from fossil fuels may be a landmark moment but don't expect quick changes...
COP28 UAE
Science
Record-breaking temperature leaves Europe in discomfort
A fierce heatwave in western Europe has left much of the continent wilting under a scorching sun, feeding ferocious wildfires...
- On Monday the 38.1C recorded in Suffolk, in eastern England, made it the hottest day of the year and the third-hottest day on record
- For nearly a week now, armies of firefighters and a fleet of waterbombing aircraft have battled blazes that have mobilized much of France's firefighting capacity
Geostrategy
Iran orders complete shutdown as sandstorm hits Tehran
In April, Tehran's Air Quality Control Society said dust clouds originated from "countries to the west of Iran".
- While the region has always been battered by sandstorms, dust clouds have become more frequent and intense in recent years.
- The trend is linked to climate change and associated with overgrazing and deforestation, as well as the overuse of river water.
Weathering sandstorms, Iraqis grit teeth and battle on
Another sandstorm has darkened Iraqi skies and it's hard to breathe, but Baghdad motorcycle delivery rider Milad Mitti doesn't have...
- Iraq, still recovering from decades of war, is now facing new environment challenges on an unprecedented scale
- Most Iraqis never bothered with face masks when the Covid pandemic was in full swing, but they do now
Business
Tesla Model 3 joins Dubai corporation’s taxi fleet on trial basis
Tesla Model 3 has joined Dubai Taxi Corporation's fleet on trial basis, following the success of operating 172 Tesla vehicles...
- This follows the success of operating operating 172 Tesla vehicles in the limousine service since 2017.
- The trial operation aims to verify the efficiency of the vehicle when deployed in the taxi fleet in the emirate, Dubai’s Roads and Transport Authority (RTA) said.
Economy
Ambitious action required to protect oceans: UN
Oceans produce half the oxygen we breathe, regulate the weather and provide humanity's single largest source of protein.
- Oceans produce half the oxygen we breathe, regulate the weather and provide humanity's single largest source of protein
- Today, a patchwork of agreements and regulatory bodies govern shipping, fishing and mineral extraction from the sea bed
Geostrategy
Ocean-based climate solutions important, says UAE Minister
UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said that leveraging nature-based solutions, especially blue carbon...
- The UAE minister says leveraging nature-based solutions to mitigate and adapt to the impacts of climate change is vital
- She says important to explore ways to tackle marine pollution from land- and sea-based sources
Opinion
Time to deliver decarbonization targets set last year
In the Middle East, the UAE and Saudi Arabia have been leading the decarbonization conversation with pivotal government initiatives that...
- The number of companies establishing science-based targets for decarbonization had strongly increased since 2015, but it rose dramatically in the run-up to COP26
- Executives are trying to pursue their decarbonization targets during a period of turbulence that has created historic levels of uncertainty and numerous difficulties
Videos
Climate change fight a priority for COP 28 host
From making solar energy available at 1.35 cents per kilowatt hour to building three of the world's largest solar parks,...
- Abu Dhabi has committed more than $20 billion to renewable energy programs through Masdar, which has expanded the UAE’s renewable energy portfolio 400 percent in the last 10 years.
- The UAE has three of the world’s largest solar plants and is rapidly building more.
Economy
UAE keen to create sustainable food systems in GCC: Minister
Mariam bint Mohammed Almheiri, UAE’s Minister of Climate Change and the Environment, has said UAE is keen to enhance efforts...
- Mariam bint Mohammed Almheiri was speaking at the 32nd Meeting of the GCC Agricultural Cooperation Committee.
- Participants at the meeting also discussed nontariff barriers and the GCC’s cooperation with Jordan and Morocco.
Geostrategy
UN official lauds UAE’s for environment conservation, SDG pursuit
UN Resident Coordinator for UAE Dr. Dena Assaf has praised the UAE’s environmentally-friendly endeavours to protect the environment and achieve...
- UN Resident Coordinator for UAE Dr. Dena Assaf also hailed Abu Dhabi's decision to ban the use of single-use plastic bags from 1st June.
- She commended UAE for being one of the first countries to announce its vision for carbon neutrality.
ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant
The Federal Authority for Nuclear Regulation (FANR), the UAE's independent nuclear regulator, recently issued the Operating License for Unit 4...
Business
Company News
Latest News
Tens of millions of children uprooted by climate disasters: UNICEF
In a sweeping report on the issue, the United Nations agency detailed the heart-wrenching stories of some of the children...
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...
Business
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...
Economy
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Geostrategy
Countries pledge to raise $12 billion to help coral
The pledge comes with coral around the world under particularly acute stress because of record warm seas this year.
- Marine heatwaves -- episodes of abnormally high water temperatures -- have become more frequent and intense.
- Oceans have absorbed 90 percent of the excess heat produced by human activity since the dawn of the industrial age, according to scientists.
Geostrategy
Oil industry is an integral part of climate solutions, says COP28 head
President of the upcoming COP28 climate talks Sultan Al Jaber, also the head of UAE state-owned oil firm ADNOC, told...
- The president of the upcoming COP28 urged oil industry leaders to curb emissions associated with energy production.
- He also encouraged them to embrace "low carbon solutions" like carbon capture and storage,
Economy
ADB capital reforms unlock $100bn to support Asia and the Pacific region
MANILA, PHILIPPINES - The Asian Development Bank (ADB) approved capital management reforms that unlock US$100 billion in new funding capacity...
- The expansion of available funds will be further leveraged by mobilizing private and domestic capital required to tackle the climate crisis.
- The reforms also create a Countercyclical Lending Buffer to support ADB developing member countries facing unexpected crises.