Arab meet calls for more investments in renewable energy
Speaking at the 12th Arab Energy Conference organized by the Organization of Arab Petroleum Exporting Countries (OAPEC), Qatar's Energy Minister...
Geostrategy
COP28 focused on achieving balanced package in negotiations: Majid Al Suwaidi
Dubai, UAE-- The COP28 Presidency is focused on achieving a balanced package in the negotiations, according to Ambassador Majid Al...
COP28 UAE
Business
Price tag on the planet? Helping business value nature
Putting a monetary value on nature means that damaging resources such as breathable air and drinkable water becomes not just...
- Experts are divided on how to measure "natural capital", and some argue that it should not be done at all.
- As the IUCN World Conservation Congress kicks off in France on Friday, conservation of nature will remain an urgent question.
Geostrategy
Drought diplomacy helps boost Israel-Jordan ties
Experts say Israel and Jordan could be poised for an unprecedented boom in water cooperation
- Experts say Israel and Jordan could be poised for an unprecedented boom in water cooperation
- This month the UN's Intergovernmental Panel on Climate Change showed unequivocally that the climate is changing faster than previously feared
Science
GCC region’s cloud seeding experiments a boon or bane?
UAE is among the first countries in the Middle East to use cloud seeding technology for a project whose trials...
- UAE is among the first countries in the Middle East to use cloud seeding technology for a project whose trials started in late 1990s
- A large-scale desalination plant producing about 100,000 cubic metres of water per day costs US$100m
Business
HSBC offering Saudi’s first climate-focused investment fund
DUBAI: HSBC Saudi Arabia has said it is offering the first environmental initiative investment fund in the kingdom, which will...
- The fund will provide customers participation and direct access to investments that help reduce the impact of climate change.
- SABB’s Corporate & Private Banking clients among suitable clients in the kingdom.
Geostrategy
Climate change could turn Gulf cities unlivable
A new report by the UN's Intergovernmental Panel on Climate Change showed unequivocally that the climate is changing faster than...
- Daily temperatures in Dubai regularly top 40 degrees Celsius for several months of the year and are exacerbated by high humidity.
- Calls to reduce carbon emissions pose major economic challenges for oil and gas-rich Gulf countries.
Business
Kuwait to transform ‘tire graveyard’ into new city
After 17 years of accumulation of end-of-life tires, the dump was spread across 2 sq km, with 40 million tires...
- Three massive fires between 2012 and 2020 sparked environmental concerns, prompting the authorities to shut it down for good
- In past months, trucks loaded with tires had made more than 44,000 trips from the landfill to the Al-Salmi region, near Kuwait's industrial area, where they would be temporarily st
Geostrategy
Drying Euphrates threatens disaster in Syria
Reputed to have once flown through the biblical Garden of Eden, the Euphrates runs for almost 2,800 km (1,700 miles)...
- Syrian Kurds accuse Turkey of choking the river’s flow but Ankara says it releases the agreed upon amount of water.
- Among five million people depending on the Euphrates for drinking water, more and more families are ingesting liquid that is unsafe.
Research
Researchers discover world’s ‘northernmost’ island
The new island is 780 metres (2,560 feet) north of Oodaaq, up until now the northernmost island on the planet
- The new island is 780 metres (2,560 feet) north of Oodaaq, up until now the northernmost island on the planet
- Researchers came upon the landmass on an expedition in July
Research
Ocean surface climates may disappear by 2100: study
The world's seas have absorbed around a third of all carbon pollution produced since the Industrial Revolution
- The world's seas have absorbed around a third of all carbon pollution produced since the Industrial Revolution
- With atmospheric CO2 levels increasing, there are fears that ocean surface climates may become less hospitable to the species it hosts
Science
African mountain forests store more carbon than thought: study
An international team analysed data on carbon stored in trees across 44 highland sites in 12 African countries
- An international team analysed data on carbon stored in trees across 44 highland sites in 12 African countries
- Writing in Nature, the team found that Africa's montane forests contain an average of 149.4 tonnes of carbon per hectare
Arab meet calls for more investments in renewable energy
Speaking at the 12th Arab Energy Conference organized by the Organization of Arab Petroleum Exporting Countries (OAPEC), Qatar's Energy Minister...
Geostrategy
Company News
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Schools shut in Makkah region after heavy storms and downpour
The meteorology center warned of further storms on Wednesday bringing rain, wind and thunder to the Mecca region and elsewhere...
Geostrategy
UAE stands ready to host COP28: Almheiri at the start of 100 day countdown
Abu Dhabi, UAE - The UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri, affirmed on Tuesday...
Sustainable finance helps achieve net-zero emissions
"Together, we are working under the direct supervision of the Central Bank of the UAE to further advance sustainable finance...
Business
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Economy
Tens of thousands of Canadians flee homes as wildfires spread
Prime Minister Justin Trudeau said he had spoken with British Columbia Premier David Eby about the "rapidly evolving and incredibly...
- Kelowna, a city of 150,000, was choked with thick smoke as it became the latest population center hit in a summer of dramatic wildfires across Canada
- About 40 flights carrying around 3,500 passengers from Yellowknife have arrived in Calgary, said officials in the city, which has made nearly 500 hotel rooms available
Bahrain to build walls against rising sea
But by 2050, sea levels could rise by at least 0.5 metre, according to the minister, citing the United Nations'...
- Most of Bahrain's population and major facilities are located in low-lying coastal areas less than five metres above the water
- Extreme temperatures due to accelerated climate change could make parts of the Gulf unliveable by the end of the century, experts say
Economy
Economists convened by COP28 lay out steps to reform global climate finance
ABU DHABI, UAE - A two-day meeting of world leading economists and finance leaders convened by the COP28 Presidency has...
- Particular areas of focus for the new framework will include addressing debt distress in vulnerable countries.
- Group said that private finance flows need to grow much faster to meet the $2.4 trillion investment estimated nnually.