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COP28: Rethink, reboot and refocus

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.
British Airways profit soars six-fold

British Airways profit soars six-fold

The company said it was 92% booked for the first quarter of 2024.

Water stress levels vary in Arab countries

Water stress levels vary in Arab countries

The region needs to develop and implement sustainable water management strategies to mitigate the growing water scarcity and its potential impacts.

Some countries face more intense competition for water resources, leading to potentially severe environmental impacts. The contrast underscores the diverse challenges they face in water resource management.

Rising temperatures worry MENA region

Rising temperatures worry MENA region

With diverse strategies from GCC to non-GCC nations, the battle against climate change underscores a delicate balance between economic growth and environmental sustainability.

The Middle East and North Africa (MENA) region faces severe climate change challenges, including water scarcity and extreme temperatures, with the area warming at twice the global average rate. This could lead to a temperature rise of 4 degrees Celsius by 2050, impacting daily life and the economy. While GCC countries have more resources to…

Sustainability in style: UAE’s couture goes green

Sustainability in style: UAE’s couture goes green

UAE brands are offering stylish, high-quality, eco-friendly products, using materials like organic cotton, bamboo, hemp, and recycled polyester, at competitive prices.

The UAE is shifting from Western influences to eco-friendly practices in its apparel market. 2023 marks the nation’s commitment to sustainability, with an increasing focus on ethical, high-quality, and environmentally friendly products. However, transparency in sustainability claims is crucial to combat “greenwashing” in the industry.

Sustainably yours: Redefining travel for green future

Sustainably yours: Redefining travel for green future

Travelers can mitigate tourism's environmental impact and promote industry sustainability by opting for eco-friendly travel choices, addressing air travel's carbon emissions.

The future of travel is expected to see greater use of renewable energy in transportation and advancements in technology, driving sustainable practices. The voluntary carbon offset market, meanwhile, is projected to grow significantly, reflecting the industry’s commitment to sustainability.

Dubai witnesses green transit revolution

Dubai witnesses green transit revolution

By the end of the decade, the emirate aims to have 10% of public buses run on hydrogen or electric powered, ramping up to 20% by 2035.

Dubai is actively implementing climate adaptation strategies and technologies in transportation and infrastructure to mitigate climate change effects and enhance the city’s resilience.

Dubai sets 75% renewable goal by 2050

Dubai sets 75% renewable goal by 2050

The Mohammed bin Rashid Al Maktoum Solar Park, the world's largest single-site solar park, demonstrates the emirate's commitment to solar energy.

The emirate’s solar energy capacity has increased by over 100 times in the past decade, and the cost of solar energy has fallen dramatically. It is now one of the cheapest places in the world to generate solar power.