Climate Change

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

Emissions set to surge to record levels in 2023 as governments spend less on clean energy: IEA

International Energy Agency says current government plans would increase spending on clean energy to $350, 75 percent short of its...

COP26 Update: UAE focuses on carbon reduction strategies

  A UAE climate negotiation team is attending the United Nations Framework Convention on Climate Change (UNFCCC) The meetings aim...

A Dubai startup unveils a program to fight climate change in MENA

Olive Gaea calculates the carbon footprint of any individual or business through a simple yet science-based questionnaire

Doctors call for global action against climate-linked health risks

The list of ailments people suffer from climate change is getting longer every day: Doctors The risks posed by climate...

TAQA, GS Inima and EWEC seal deal

Abu Dhabi's Shuweihat 4 desalination project secures $444 million.

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UAE economy expected to grow by 3.5 percent in 2023, says UBS

ABU DHABI, UAE - Chief Investment Officer, Emerging Markets at UBS Global Wealth Management Michael Bolliger forecasts the UAE's gross...

Renewables helped save $520bn fuel costs globally in 2022: Report

In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up...

China, Arab nations establish centre to solve desertification, land degradation

Beijing, China - China and Arab nations have agreed to establish China-Arab International Research Centre for Drought, Desertification, and Land...

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Canada’s fires in north force another town to evacuate

Canada is suffering through its worst forest fire season in recorded history, with much of the country hit by high...
  • The threat to Hay River, a town of about 4,000, was so great that even firefighters and essential workers were ordered to leave, authorities said
  • At this point, some two-thirds of the entire population of Northwest Territories has been evacuated to neighboring provinces, sometimes 1,200 miles away

COP28 to help green transition in developing nations

"International reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change...
  • The UAE's hosting of the COP28 will act as a leverage for international focus on climate action in the region
  • Reports indicate that the Middle East and North Africa region is the most vulnerable to climate change risks

Climate change to be discussed in Dubai COP28 meet, says Egypt minister

Cairo, Egypt - Egyptian Minister of International Cooperation Dr. Rania Al Mashat, said the 28th Conference of the Parties to...
  • noted that international reports indicate that the countries in the Middle East and North Africa region are most vulnerable to climate change risks
  • Al Mashat added that COP28 will see presentations on the most important results and joint action taken over a year within the National Platform for Green Projects