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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.

Mena region needs water resilience: World Bank

Without water resilience, the MENA region may see a loss of 6-14 percent of the collective GDP by 2050, says...
  • A drought can reduce the economic growth of a city anywhere in the world by up to 12 percent, says the World Bank
  • The MENA region, it says, has over 60 percent of the population living in areas with high water stress, compared with 35 percent globally

Troubled land: The Sahel’s ‘three-border’ region

The vast arid region, along with central Mali, has become the worst-hit area in the jihadists' nine-year-old campaign
  • The vast arid region, along with central Mali, has become the worst-hit area in the jihadists' nine-year-old campaign
  • As elsewhere in the Sahel, the birthrate here is high and climate change has sharpened competition over scarce resources

Israel asks for international help to fight forest fires

Foreign Ministry spokesman Lior Haiat told AFP Greece and Cyprus had agreed to send firefighting planes to Israel
  • Foreign Ministry spokesman Lior Haiat told AFP Greece and Cyprus had agreed to send firefighting planes to Israe
  • Israel and other countries bordering the Mediterranean Sea have had a searing summer, with deadly wildfires in Algeria, Cyprus, Greece, and Turkey

Firefighters battle second day of blazes near Jerusalem

Police and local officials "began evacuating hundreds of families" from communities on the western outskirts of Jerusalem
  • Police and local officials "began evacuating hundreds of families" from communities on the western outskirts of Jerusalem
  • Fires have flared this summer around the Mediterranean basin, including in Greece, Turkey, Algeria and Morocco

‘July was world’s hottest month on record’

The month was 0.02 degrees Fahrenheit higher than the previous record set in July 2016, which was equaled in 2019...
  • The month was 0.02 degrees Fahrenheit higher than the previous record set in July 2016, which was equaled in 2019 and 2020
  • Asia had its hottest July ever, surpassing 2010, it said, while Europe had its second-hottest July, trailing only 2018

Saudi Arabia to penalize artificial lakes in farms

The country has said it will take legal action against the construction of manmade or artificial lakes in farms for...
  • The Ministry of Environment, Water, and Agriculture said any such construction would be deemed ‘a violation of the water bylaws and the relevant executive regulations’
  • The laws and regulations it pointed to are aimed at preserving water resources, ensuring their sustainability, rationalizing water consumption, and preventing its misuse

Turkey’s flash floods: Death toll is 9

Heavy rains produced flash floods that turned streets into running rivers and sparked mudslides that buckled roads
  • Heavy rains produced flash floods that turned streets into running rivers and sparked mudslides that buckled roads
  • Images on television and social media showed water rising to the level of street signs in some towns

‘Eruptions can’t lessen climate change’

Scientists at the University of Cambridge and the UK Met Office examined how rising temperatures are likely to affect the...
  • Scientists at the University of Cambridge and the UK Met Office examined how rising temperatures are likely to affect the ash and gases shot into the atmosphere by volcanoes
  • The emerging "feedback loops" between the changing climate and eruptions were not accounted for in this week's landmark scientific report by the IPCC

Bombshell UN climate change report shows global warming accelerating

Years in the making, the sobering United Nations report approved by 195 nations shines a harsh spotlight on governments dithering...
  • The report shines a harsh spotlight on governments dithering in the face of mounting evidence that climate change is an existential threat
  • Scientists are observing changes in the Earth’s climate in every region & across the whole climate system

Climate crisis the next great threat for Iraq

Only 3.5 percent of Iraq’s farmlands are watered with irrigation systems and rivers are polluted with viruses and bacteria, oil...
  • Water shortages are killing animals and saline water has destroyed thousands of hectares of farmland
  • Only 3.5 percent of Iraq’s farmlands are watered with irrigation systems and rivers are polluted with viruses and bacteria, oil spills and industrial chemicals

Russia, Saudi say sovereign Palestine state vital for regional peace

RIYADH, SAUDI ARABIA – Russia and Saudi Arabia expressed concern on the present situation in Gaza and said that a...

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Carbon neutrality strategy to propel green transition

This ambitious strategy, commissioned by the ASEAN Member States and with the support from the Australia for ASEAN Futures (AUS4ASEAN)...

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...

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'...

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Caspian Sea water levels hit 30-year low

Estimates reveal a 9-meter decline in Caspian Sea water levels, shrinking the area by 24 percent, as the northern half...
  • Estimates reveal a 9-meter decline in Caspian Sea water levels, shrinking the area by 24%, as the northern half witnesses a more significant drop than the southern part.
  • The Caspian Sea supports a vital fishery, provides water for agriculture, and is home to several threatened species, including 90% of the world's last-remaining sturgeon.

Under UAE Presidency, COP28 will lead global efforts to protect the planet, safeguard future generations

"The UAE possesses essential capabilities such as modern infrastructure, a commendable track record in sustainability and environmental conservation, recognition as...
  • Sheikh Mohamed highlights role of youth, women, and civil society in combating climate change
  • UAE invites global cooperation for collective climate action, COP28 to lead efforts under UAE Presidency

Baghdad zoo animals suffer 50C heat

Underfunded and run down by years of unrest, the zoo's dilapidated facilities make matters worse for its 900 animals, including...
  • In an attempt to lower the temperature, air coolers have been installed in front of the lion cages, and pools are provided for the bears and tigers
  • The veterinarian said the zoo has lost bears, lions and birds in recent years, some of them because of the soaring temperatures caused by climate change.