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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.

Climate talks in Bonn to reignite momentum to tackle warming

Negotiators from almost 200 countries will meet in Bonn Monday for climate talks tasked with reigniting momentum on tackling global...
  • The conference of 200 countries in Bonn will set the stage for a fresh round of major UN talks later this year in Egypt
  • UN chief has warned that Russia's invasion of Ukraine risked slowing action to combat the climate crisis

UAE an example of environmental commitment: Almheiri

The UAE leads the region’s response to climate change and effectively participates in stepping up collective climate action, says Environment...
  • UAE has placed environmental protection at the heart of its development strategy, says Environment Minister
  • UAE has made distinctive contributions to international efforts to tackle climate change, says Almheiri

ENEC, KEPCO discuss cooperation in nuclear sector, ways to curb carbon emission

The Barakah Plant will help in the decarbonization of the power sector in the UAE and the Arab World
  • ENEC, KEPCO discussed prospects for future cooperation and exploring the opportunities available in the nuclear energy sector
  • The overall completion rate of the Barakah Plant is now over 97 percent and the first and second units are producing electricity

Saudi Arabia names Adel al-Jubeir as first climate envoy

Saudi Arabia announced Sunday it had named a senior diplomat as its first climate envoy, as officials vow to ramp...
  • The announcement did not include details about the envoy's mandate
  • Jubeir, who previously served as foreign minister and ambassador to Washington, will continue in his role at the foreign ministry

Turkey grapples with fires from plastic recycling plants

Although Turkey has become the leading importer of European plastic waste after China banned imports in 2018 but according to...
  • In Kartepe, an industrial town in the country's northwest, one of these sites was closed by the authorities in December after the outbreak of three fires in less than a month
  • There was a fire every three days in Turkey's plastic reprocessing plants on average last year

Making art in Jordan out of trash

Jordan-based artist Maria Nissan is on a mission: to rid the world of single-use plastics and to raise public awareness...
  • Nissan, US citizen of Iraqi origin, urges people to avoid buying plastic products and to go shopping with reusable bags
  • Jordanians use three billion plastic bags every year, of which only seven percent is recycled, according to the UN Development Program

Saudi Arabia, UPLink in deal to counter sustainable development issues

This is a part of the Kingdom’s agenda to achieve sustainable development 2030 locally and internationally.
  • The Saudi ministry seeks to explore the joint issues in the field of food security, food waste recycling.
  • The move is a part of the Kingdom’s agenda to achieve sustainable development 2030 locally and internationally.

UAE and India to expand ties in renewable power, sustainable finance

India was the second-largest trading partner of the UAE in 2021 as it accounted for 9 percent of the total...
  • The UAE and India agreed to expand bilateral cooperation towards accelerated climate action and implementation of the Paris agreement.
  • The UAE’s cooperation with India in the area of climate aims to support India’s ambition to achieve 450 gigawatts (GW) of renewable energy.

Oil, gas firms use Ukraine war to resist climate efforts: report

The London-based think tank InfluenceMap analyzed advertisements and declarations by the companies in the weeks before and after Russia's invasion...
  • The London-based think tank InfluenceMap analyzed advertisements and declarations by the companies in the weeks before and after Russia's invasion of Ukraine
  • Oil and gas sector has quickly mobilized around the war in Ukraine and high gas prices to promote the need for more 'American-made energy'

Saudi Arabia to form national land alliance: Minister at GLF

The forum will discuss issues like land decentralization, climate crisis, youth and land-based opportunities in rural areas, and building partnerships.
  • The Saudi agriculture minister Khaled Hneifat was speaking at the 9th triannual four day Global Land Forum.
  • The forum is organized by the Ministry of Agriculture, the SEEDS Jordanian youth organization and the EU.

Innovative solutions crucial for marine conservation

The MENA Oceans Network, launched at the COP28, marks a pivotal step in addressing urgent ocean-related challenges in the region,...

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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...

IMF approves $1.3bn for Morocco to help transition to a greener economy  

WASHINGTON, US - The International Monetary Fund (IMF) Executive Board approved a Resilience and Sustainability Facility (RSF) for Morocco of...

Europe should move faster on energy transition, say IEA, ECB

PARIS, FRANCE - Europe must invest more quickly and massively in its energy transition if it wants to remain a global...

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‘Mainstream sustainability for a net-zero future’

“As the UAE gears up to host COP28, it's crucial to involve all partners in hastening climate action, both locally...
  • UAE Minister of Climate Change and Environment, Mariam bint Mohammed Almheiri, emphasizes the importance of integrating sustainability into business operations
  • At the 12th NDCA, Minister Almheiri urges businesses to mainstream sustainability and highlights the pivotal role of carbon registries in achieving Net Zero by 2050

Antarctic sea ice hits lowest winter maximum on record, says data

WASHINGTON, US -  The sea ice around Antarctica likely had a record low surface area when it was at its maximum...
  • The ice pack typically reaches its largest size during the colder winter months, so the September 10 reading will likely remain this year's maximum.
  • At its high-point this year, the sea ice was 1.03 million square kilometers smaller than the previous record.

Rising demand for critical metals pose dilemmas for investors

PARIS, FRANCE - Soaring demand for the raw materials needed for the transition towards renewable energy is creating dilemmas for investors...
  • Demand for lithium, an essential component of car batteries, could increase ninefold between 2022 and 2050, said the International Energy Agency.
  • Lithium and other metals that the IEA calls “key to the clean energy transition” will be the topic of a summit hosted by the global energy watchdog in Paris.