INSEAD Day 4 - 728x90

Climate Change

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings
  • Egypt vows to champion climate finance for Africa at COP27

    Egypt's environment minister Yasmine Fouad said that Egypt will also remind rich countries of the industrialized world of their unfulfilled aid pledges, at the COP27 summit in the Red Sea resort of Sharm el-Sheikh. The country seeks to represent Africa which shares little of the blame for global warming but...
  • UN says human progress set back five years by Covid

    Depicting a gloomy picture of the state of human progress, a United Nations report argues that an unprecedented array of crises, chiefly among them Covid-19, has fueled a global wave of uncertainty. The UN development Program said the Human Development Index has declined for two years straight.
  • Countries growing 70% of world’s food face ‘extreme’ heat risk by 2045

    Climate change is already stoking heatwaves and other extreme weather events across the world, with hot spells from India to Europe this year expected to hit crop yields. Temperature spikes are causing mounting concern for health, particularly for those working outside in sweltering conditions, which is especially dangerous when humidity...
  • Heatwaves and wildfires to worsen air pollution: UN

    The WMO's annual Air Quality and Climate Bulletin examined the impacts of large wildfires across Siberia and western North America in 2021, finding that they produced widespread increases in health hazards, with concentrations in eastern Siberia reaching "levels not observed before".
  • New launch attempt Saturday for NASA’s Moon rocket

    The highly anticipated uncrewed mission dubbed Artemis 1 will bring the United States a step closer to returning astronauts to the Moon five decades after humans last walked on the lunar surface. Mission manager Mike Sarafin, said the NASA team "agreed to move our launch date to Saturday, September the...
  • UAE operates air bridge to provide relief to flood victims in Pakistan

    The relief aid includes shelter materials, humanitarian needs, food and medical parcels for those affected by torrential rains and floods
  • UAE launches net-zero drive for firms

    The Ministry of Climate Change and Environment (MoCCAE) Monday launched the UAE Climate-Responsible Companies Pledge. The pledge aims to increase the engagement of the private sector in the country’s decarbonization drive, in line with the UAE Net Zero 2050 Strategic Initiative.
  • Dogs take to gym to beat UAE heat

    With temperatures soaring above 45 degrees Celsius, dogs have found a unique way to beat the heat of the UAE: a three-times-a-week workout in an air-conditioned gym.
  • ENEC hosts top performing students from Al Dhafra region

    The Emirates Nuclear Energy Corporation (ENEC) has hosted a recognition ceremony at the Barakah plant for top-performing students from the 11th and 12th grades in the Al Dhafra region.
  • UN says Chad floods displace 340,000 people in two months

    Some 5.5 million Chadians around a third of the landlocked central African country's population needed "urgent humanitarian assistance" last year, according to the United Nations.
  • In blazing heat water taps run dry in southern Iraq

    More than 3,300 families across 10 provinces in Iraq's center and south were displaced due to "climate factors" as of March this year, the report said, blaming water scarcity, high salinity and poor water quality.
  • China warns of ‘severe’ threat to harvest from worst heatwave on record

    The world's second-largest economy has been hit by record temperatures, flash floods and droughts this summer -- phenomena that scientists have warned are becoming more frequent and intense due to climate change. Southern China in particular has recorded its longest sustained period of high temperatures and sparse rain since records...
  • WGES 2022 to promote investment tie-ups in green projects

    The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers.
  • WGES 2022 to encourage investment in green projects

    The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green projects and financing. It will promote investment and employment opportunities in the sector.
  • Algeria fires burned UNESCO-listed park: expert

    Algeria's northeast was particularly hard-hit since Wednesday in blazes exacerbated by climate change but the fire service said most of the fires there had been put out.
  • Algeria fires mostly contained but more residents forced to evacuate

    Authorities said they deployed more than 1,700 firefighters over Wednesday and Thursday. The dead included more than 10 children and a similar number of firefighters, according to multiple sources including local journalists and the fire service. But officials have also been accused of a lack of preparation, with few firefighting...
  • Algeria fire crews rein in blazes that left 38 dead

    Deadly fires have become an annual scourge in Algeria, where climate change has turned large areas of forest into a tinderbox in the blistering summer months.
  • China heat wave pushes up prices as hens lay fewer eggs

    Extreme weather has become more frequent owing to climate change, scientists say, and this will likely grow more intense as temperatures rise, impacting economies and societies around the world. Multiple major cities in China have recorded their hottest days ever this year, and the country's national observatory issued a red...
  • UAE authorities urge caution on roads as dust storms return

    Large parts of the United Arab Emirates were hit by dust and sandstorms on Sunday as authorities urged caution on the roads and battened down for expected heavy rain. Homes and landmarks in major cities were caked in a fine layer of brown dirt and visibility plunged in the latest...
  • Salt of the earth: Israeli artist’s Dead Sea sculptures

    Landau works by suspending the objects in the salt lake from frames and later, she carefully liberates the brittle artefacts with the help of several assistants.
  • Key sectors face changes as UAE eyes net-zero status

    As the Gulf country sets aside about US$163bn to achieve zero-emission, the number of enterprises focusing on renewable energy is growing, Simon Birkebaek of BCG tells TRENDS.
  • Saudi delegation discuss energy, climate action at Tokyo conference

    A delegation from Saudi Arabia’s King Abdullah Petroleum Studies and Research Center (KAPSARC), participated in Tokyo’s 43rd International Association for Energy Economics (IAEE) conference. KAPSARC's experts shared insights on global energy and environmental concerns, disseminating solutions to help shape future energy policies and encourage climate action. The insights included the...
  • UAE, Germany to cooperate in ecotourism, environment conservation

    UAE and Germany have reviewed cooperation on biosphere reserves, ecotourism, and environmental conservation. A delegation from the German Development Cooperation Agency (GIZ) and German conservation NGO Succow Foundation discussed it while meeting members of the UAE’s Ministry of Climate Change and Environment (MOCCAE). MOCCAE, represented by its Biodiversity Department, shared...
  • Kurdish Iraqi farmer sprouts online advice, green awareness

    The mustachioed 50-year-old with almost half a million Facebook followers posts weekly videos on topics such as protecting fruit trees, dealing with insects and helping people get more from their farms and gardens.
  • Sharjah steps up emergency response to extreme weather conditions

    More than 3,400 rescue and evacuation operations were conducted in the eastern regions of the emirate by the Sharjah Police General Headquarters.
  • Jordan, Canada to forge cooperation in food and water security

    Jordan and Canada on Sunday discussed enhancing bilateral development cooperation, especially in food and water security. Jordan’s Minister of Planning and International Cooperation Nasser Shraideh and Canadian International Development Minister Harjit Sajjan discussed it. The duo also explored ways to combat climate change and promote Investment opportunities. Shraideh highlighted the...
  • Floods deepen misery in Iran as death toll rises to 80

    At least 80 people have been killed and 30 others are missing in floods that have wreaked havoc across Iran for more than a week, state media reported Saturday. Tehran province is the hardest-hit with 35 deaths, and the nearby Mazandaran province having the highest number of missing people at...
  • Yemen’s ancient honey production a victim of war, climate change

    Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic properties.
  • Iraqi Kurd farmers battle drought as Lake Dukan retreats

    The artificial lake was created in the 1950s following construction of the Dukan dam, to supply irrigation and drinking water for the region, as well as generate electricity.
  • Heatwave causes 1,700 deaths in Spain and Portugal, says WHO

    The World Health Organization's European office has said the heatwave baking Europe has caused over 1,700 deaths on the Iberian peninsula alone, calling for joint action to tackle climate change. The true number of deaths linked to the heatwave won't be known for weeks, an official said.
  • Are EVs driving towards greener world or uncertainty?

    Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production. Affordability is also a concern.
  • ‘Hydrocarbon trade must finance transition to clean energy’

    A study in the journal Nature Climate Change found that within this century, parts of the Gulf region could be hit by "unprecedented events of deadly heat as a result of climate change".
  • Record-breaking temperature leaves Europe in discomfort

    A fierce heatwave in western Europe has left much of the continent wilting under a scorching sun, feeding ferocious wildfires and threatening to smash more temperature records on Tuesday.
  • Iraqi PM calls for joint efforts to tackle issues facing region

    Iraqi Prime Minister Mustafa Al-Kadhimi said the Middle East has been affected by climate change, water crisis, dangers of desertification, health challenges such as the COVID-19 pandemic and called for joint efforts to confront them.
  • AI set to play key role in fight against climate change

    Most of the public and private sector leaders believe that Artificial Intelligence is a valuable asset in fight against climate change but insufficient expertize remains a challenge.
  • Iran orders complete shutdown as sandstorm hits Tehran

    In April, Tehran's Air Quality Control Society said dust clouds originated from "countries to the west of Iran".
  • Weathering sandstorms, Iraqis grit teeth and battle on

    Another sandstorm has darkened Iraqi skies and it's hard to breathe, but Baghdad motorcycle delivery rider Milad Mitti doesn't have the luxury of missing a day's work. Like most people in the now blistering hot desert country, the 30-year-old battles on in frustration, wearing goggles and a grey neck warmer...
  • MENA eyes key role in making world carbon neutral

    UAE and KSA are spearheading decarbonization efforts in Middle East by encouraging enterprises to minimize carbon footprint. Here are a few things others may learn for them.
  • Strong earthquake shakes southern Iran, killing five

    At least five people were killed and 19 injured when a strong earthquake shook southern Iran early Saturday, the state news agency IRNA reported.
  • Ocean-based climate solutions important, says UAE Minister

    UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said that leveraging nature-based solutions, especially blue carbon ecosystems, to mitigate and adapt to the impacts of climate change is required at the UN Ocean Conference.
  • Energy shock tests G7 leaders’ climate resolve

    Leaders of the Group of Seven rich nations will be under pressure to stick to climate pledges in Bavaria from Sunday, as Russia's energy cuts trigger a dash back to planet-heating fossil fuels. Germany finds itself in an awkward position as G7 summit host, having recently announced that Europe's biggest...
  • UAE keen to create sustainable food systems in GCC: Minister

    Mariam bint Mohammed Almheiri, UAE’s Minister of Climate Change and the Environment, has said UAE is keen to enhance efforts aimed at building sustainable food and agricultural systems in GCC. She was speaking at the 32nd Meeting of the GCC Agricultural Cooperation Committee. Almheiri commended the Committee and hoped that...
  • UN official lauds UAE’s for environment conservation, SDG pursuit

    UN Resident Coordinator for UAE Dr. Dena Assaf has praised the UAE’s environmentally-friendly endeavours to protect the environment and achieve sustainable development goals. The UN official hailed Abu Dhabi's decision to ban the use of single-use plastic bags from 1st June, as the first city in the Middle East. This...
  • Egypt calls for reality check in UN climate talks

    Egypt hopes to jump-start the action needed to face a warming world when it takes the presidency of major UN climate talks in November but warns that countries need a "reality check" as progress stalls. Presiding over the inflection point when a decades-long United Nations climate process switches from negotiation...
  • Equality in economic recovery among countries crucial

    The international community must adopt an approach that could translate words and goodwill into practical steps that could achieve equality in economic recovery among countries and salvage the sustainable development goals in a way that could support the poor peoples and those suffering from turmoil and wars, he adds.
  • Iraq’s summer of ‘hell’ has just begun

    Umm Mohammed, 74, waves a fan back and forth to cool down, but in the blistering heat of Iraq's southern city of Basra there is nothing but stiflingly hot air.
  • UAE joins global clean energy partnership body

    The partnership will enable access to a global hydrogen knowledge database and encourage cooperation with related initiatives and concerned entities.
  • Sheikh Hamdan lauds success of Barakah Nuclear Plant

    The UAE is continuing its move towards environmentally friendly energy sources to fulfill its international obligations regarding climate change and the country will achieve the objectives to diversify energy sources and climate neutrality by 2050
  • Gazelles in Iraq die of hunger

    Gazelles at an Iraqi wildlife reserve are dropping dead from hunger, making them the latest victims in a country where climate change is compounding hardships after years of war.
  • UAE president calls for global collaboration at Biden’s climate summit

    The UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a COP28 in 2023.