Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

UN General Assembly approves US$3.59bn budget for 2024

UNGA said that it approved US$50 million from annual assessed subscriptions to fund the account starting from January 1 2025. (Twitter)
  • The UNGA approved around US$50 million as an additional funding for UN Human Rights Council.
  • UNGA revealed that it established a multiannual private account for peacemaking and it is used for funding UNPBF.

NEW YORK, US – The United Nations General Assembly (UNGA) approved a US$3.59 billion budget for 2024, including establishing a private account related to funding by the United Nations Peacebuilding Fund (UNPBF).

In a statement late on Sunday, UNGA approved around US$50 million as an additional funding for UN Human Rights Council (OHCHR), which is the main forum for UN that deals with human rights issues around the world.

UNGA also revealed that it established a multiannual private account related to peacemaking and it is used for funding UNPBF.

The UNGA also said that it approved US$50 million from annual assessed subscriptions to fund the account starting from January 1 2025.

The UNPBF is considered as the pioneer organization for UN in peacemaking, pillar of development, supporting humanitarian work, and human rights.

Antonio Guterres, Secretary-General of the UN, proposed in October a US$3.3 billion budget to the UNGA.