INSEAD Day 4 - 728x90

Energy

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Baghdad, Tehran in talks to import gas from Turkmenistan

Tehran, Iran - Baghdad and Tehran are currently engaged in negotiations to facilitate the import of gas from Turkmenistan, with...

Economy

World resource extraction could surge 60 percent by 2060, UN warns

Paris, France - Extraction of Earth's natural resources could surge 60 percent by 2060, imperiling climate goals and economic prosperity, the...

Economy
Science

UN moves towards real-time tracking of greenhouse gases

The UN announced that it had taken a significant step towards trying to fill a key gap in the fight...
  • The three major greenhouses gases are carbon dioxide, methane and nitrous oxide.
  • Of those, CO2 accounts for around 66 percent of the warming effect on the climate.
Geostrategy

Iran to reconnect nuclear surveillance cameras: IAEA

UN nuclear watchdog chief Rafael Grossi earlier said he had held "constructive" talks with Iranian officials in Tehran after the...
  • IAEA chief earlier said he had held "constructive" talks with Iranian officials in Tehran after the discovery of uranium particles enriched to near weapons-grade level
  • Grossi arrived in Iran on Friday talks deadlocked on reviving a landmark 2015 accord on Iran's nuclear activity, known formally as the Joint Comprehensive Plan of Action
Geostrategy

UAE, Italy enhance bilateral relations to Strategic Partnership level

ABU DHABI, UAE -  The United Arab Emirates and Italy on Saturday announced the enhancement of their  bilateral relations to...
  • A pact for cooperation on energy projects and sustainability initiatives between Abu Dhabi National Oil Company and the Italian energy group Eni was signed.
  • The MoU aims to strengthen cooperation in the field of emissions reduction, new energy technologies and low-carbon solutions.
Business

DEWA’s R&D Center registers 8th patent for geographical areas survey device

DUBAI, UAE - Dubai Electricity and Water Authority's (DEWA) Research and Development Center has obtained its eighth patent for a...
  • The device employs real-time kinematic processing techniques to process data collected on-site.
  • It works with a smart device developed by the R&D Center, which uses a smart app to read the updated coordinates in seconds.
Geostrategy

Renewables help offset rise in coal emissions in 2022, IEA says

"The impacts of the energy crisis didn't result in the major increase in global emissions that was initially feared –-...
  • "Without clean energy, the growth in CO2 emissions would have been nearly three times as high," he added.
  • The IEA noted that CO2 emissions grew the fastest from oil, at 2.5 percent, but still remain below pre-pandemic levels.
Geostrategy

UAE’s FNC highlights role of parliaments in addressing climate change

RABAT, MOROCCO - UAE's Federal National Council (FNC) highlighted the critical role of parliaments in addressing the repercussions of climate...
  • The FNC stressed on the need to strengthen the economic, social and environmental cooperation between countries.
  • The UAE’s clean energy production capacity is expected to reach 14 gigawatts by 2030.
Geostrategy

UAE, Bahrain explore ways to boost collaboration in infrastructure, transport

ABU DHABI, UAE - UAE Minister of Energy and Infrastructure (MoEI)  Suhail bin Mohammed Al Mazrouei Thursday had a meeting...
  • Bahrain’s Minister applauded the advanced processes at UAE Ministry of Energy and Infrastructure , particularly the AI-enabled systems for planning new infrastructure projects.
  • The Bahrain’s Minister and his delegation toured the Road Control Center that was recently established at the ministry’s Sharjah offices.

Nigeria gas fuels Morocco, Algeria pipeline power struggle

Morocco and Algeria have moved to revive long-stalled projects in light of a gas supply crunch following Russia's invasion of...
  • Algeria is pushing to relaunch plans for a Trans-Saharan Gas Pipeline linking Nigeria to Algeria's Mediterranean coast via Niger
  • Morocco's deal with Nigeria and their West African neighbors is set to cost 23 billion euros but the project would involve complex negotiations
Business

French court sets aside NGOs lawsuit against TotalEnergies

PARIS, FRANCE - A French court on Tuesday dismissed a landmark case against TotalEnergies for a massive oil project in Uganda...
  • The six NGOs argued the development of the East African Crude Oil Pipeline (EACOP) failed to adhere to a "duty of vigilance"
  • It is a 2017 law that compels companies to avoid grave harm to human rights, health, safety and the environment
Business

Masdar unveils 200MW Solar Park in Jordan

Amman, Jordan - The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar,...
  • The Baynouna Solar Park produces over 560 gigawatt-hours (GWh) of energy annually – enough to power 160,000 homes
  • The plant also displaces 360,000 tons of carbon dioxide per year, equivalent to taking nearly 80,000 cars off the road.

Baghdad, Tehran in talks to import gas from Turkmenistan

Tehran, Iran - Baghdad and Tehran are currently engaged in negotiations to facilitate the import of gas from Turkmenistan, with...
Economy

Company News

Latest News

COP28 host UAE braces for rising heat risk, targets carbon neutrality

As global temperatures tick higher, with this year on course to be the hottest on record, the UAE is changing...
Geostrategy

Every industry should be held accountable on climate, says COP28 president

Paris, France - The president of a pivotal UN climate summit defended on Saturday the large presence of industry representatives at...
Geostrategy

ADB plans to invest US$100bn to maximize climate impact

MANILA, PHILIPPINES - Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB)...
Economy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Economy

Rising temperatures worry MENA region

The Middle East and North Africa (MENA) region faces severe climate change challenges, including water scarcity and extreme temperatures, with...
  • With diverse strategies from GCC to non-GCC nations, the battle against climate change underscores a delicate balance between economic growth and environmental sustainability.
  • In the MENA region, resource-rich GCC countries are better equipped to tackle climate change challenges that threaten food security, water resources, and biodiversity.
Business

Masdar City completes first net-zero energy commercial building in region

ABU DHABI, UAE - Masdar City, a sustainable urban community and a business and technology hub here, has just completed...
  • NZ1 is designed to consume 53 percent less energy than an equivalent conventional building.
  • Solar panels will generate 101 percent of the building’s annual energy needs, making it net-zero energy.
Economy

Oil slides further after OPEC delay as Asian stocks struggle

Both main crude contracts slipped more than one percent on news that the much-anticipated gathering of the major producers would...
  • Riyadh and Russia unveiled massive cuts earlier this year in a bid to boost prices
  • Many experts believe global supplies were healthier than expected