Ukraine scrambles for energy with power generation at ‘zero’
Kyiv, Ukraine -- Ukraine was scrambling to turn lights and heating back on Sunday after Russian attacks targeting energy infrastructure...
Geostrategy
Kazakhstan to join Abraham Accords as Trump pushes Mideast peace
Washington, United States - Kazakhstan said Thursday it will join the Abraham Accords between Israel and mainly Muslim nations, in...
Geostrategy
Business
Abu Dhabi’s EWEC opens Q4 2023 Clean Energy Certificates auction
ABU DHABI, UAE - Emirates Water and Electricity Company (EWEC) on Monday announced that it will conduct its Q4 2023...
- CECs are the only accredited instruments in the Emirate that prove the environmental and economic benefits of consuming clean energy.
- Issued in units of 1MWh, each CEC certifies that the electricity consumed by the entity originates from a clean energy source.
Geostrategy
Israel says truce extension with Hamas a possibility
The terms of the truce agreement pausing the fighting in the Gaza Strip say it can be extended beyond its...
- Hamas has signaled its willingness to extend the truce, with reports that the group had informed mediators they were open to prolonging it by "two to four days".
- An Egyptian security source said that there was disagreement between the two sides on the mechanism of the extension.
Geostrategy
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...
- The UAE's scorching summers, when many flee for cooler climes and the streets empty, look set to worsen due to climate change, various studies show
- The region's extreme heat and high humidity are a dangerous mix as in such conditions the human body struggles to cool itself by evaporating sweat on the skin
Geostrategy
Palestinian family in Lebanon grieves for 12 dead Gaza relatives
Beirut, Lebanon -- From Lebanon, Palestinian Fatima al-Ashwah has been praying for relatives in Gaza, but received grim news that...
- Earlier this month, Ashwah, 61, had expressed grave fear for the safety of about 70 extended family members in Gaza.
- Israeli bombing killed around 12 of them days before a temporary truce between Israel and Hamas.
Business
EDB commits US$350m for renewable energy projects in developing countries
ABU DHABI, UAE - Emirates Development Bank (EDB) has committed US$350 million (AED 1.3 billion) to support the Energy Transition Accelerator...
- The ETAF platform is a global climate finance facility established by the International Renewable Energy Agency (IRENA).
- The announcement was made during the signing of a collaborative partnership agreement between EDB and IRENA.
Geostrategy
US police look into ‘hate crime’ after Palestinian students shot
The shooter, who is still on the loose, was described by police as "a white man with a handgun." The...
- A police statement said two of the victims were in stable condition, and the third suffered "much more serious injuries"
- Bernie Sanders, the independent Vermont senator, called the attack "shocking and deeply upsetting"
Geostrategy
China FM to visit New York for UN talks on Israel-Hamas conflict
Beijing, China--China's top diplomat Wang Yi will visit New York this week to hold a United Nations Security Council meeting on...
- China, according to its foreign ministry, will hold a high-level meeting on the Palestinian-Israeli issue on November 29
- Beijing welcomed a truce between Israel-Hamas, which began Friday and led to dozens of hostages being freed
Tens of thousands of Moroccans in pro-Palestinian demo
The fledgling rapprochement between the North African country and Israel had made steady progress since 2020 when the two governments...
- Journalist reported Sunday that demonstrators in Casablanca waved Palestinian flags and demanded that Rabat suspend ties with Israel
- Pro-Palestinian demonstrations had declined in recent years in Morocco, but have surged since the Gaza war broke out
Musk to meet Israeli president, hostage families
Musk, owner of X, formerly known as Twitter, has come under fire over what critics say is a proliferation of...
- Herzog's office said the meeting would be joined by "representatives of families of hostages held by Hamas, who will speak about the horrors of October 7"
- "In their meeting, the President Isaac Herzog will emphasize the need to act to combat rising antisemitism online," Herzog's office said.
Geostrategy
Biden to miss COP28 climate summit: US official
Some 70,000 people including national leaders and Pope Francis are expected at COP28 as it opens Thursday, in what could...
- A US official confirmed that Biden was not planning to attend COP28 this week or during a second window close
- The official said the Biden administration was still discussing whether to send a top-level official to Dubai
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Ukraine scrambles for energy with power generation at ‘zero’
Kyiv, Ukraine -- Ukraine was scrambling to turn lights and heating back on Sunday after Russian attacks targeting energy infrastructure...
Geostrategy
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Iran fires back at Israel after onslaught targets nuclear facilities
Air raids sirens and explosions rang out across Israel after Prime Minister Benjamin Netanyahu took to the airwaves to warn...
Geostrategy
Nations advance ocean protection, vow to defend seabed
UN Ocean Conference wrapped up Friday with world leaders taking major steps toward marine protection and vowing a showdown when...
Geostrategy
Iran calls Israeli strikes ‘declaration of war’ amid international calls for restraint
Trump warns Tehran that the "next planned attacks" will be "even more brutal" and said Iran should cut a deal...
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Geostrategy
US still wants talks with Iran on Sunday: US official
Washington, United States - The United States still hopes to hold talks Sunday with Iran, even after Israel launched a...
- The official had no further information on whether Iran had agreed to the talks
- Oman had earlier planned talks Sunday involving Steve Witkoff, President Donald Trump's friend
Geostrategy
MENA brief Jun 13: Prince Salman to skip G7 meet, OpenAI in funds talks with PIF
In the financial sector, Fitch Ratings has projected a notable uptick in mergers and acquisitions within Saudi Arabia’s insurance industry....
- Qatar’s real estate sector recorded transactions exceeding QAR 1 billion in the first five days of June, driven by strong demand for residential and commercial assets.
- Morocco emerged as North Africa’s financial leader, with six of the region’s top 20 listed firms based in the country.
Geostrategy
Israel says Hamas ‘weaponising suffering in Gaza’ as aid workers killed
Israel charged on Thursday that Hamas was "weaponising suffering in Gaza" after a US and Israeli-backed charity accused the Palestinian...
- The distribution of food and basic supplies in the blockaded and war-ravaged Gaza has become increasingly fraught and perilous
- Asked to respond to the GHF accusation, the Hamas government media office in Gaza said GHF was a "filthy tool" of Israeli forces