INSEAD Day 4 - 728x90

Climate talks

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.
  • The UAE hosted last year's COP28 conference in Dubai, while Azerbaijan will host this year's summit followed by Brazil in 2025. The three countries were mandated by 198 signatories to the Dubai agreement to work together on a roadmap to limit global warming to 1.5 degrees Celsius, a key climate...
  • UN COP29 host Azerbaijan sees a big boom in gas production

    Despite the last COP in the United Arab Emirates ending with an unprecedented call to "transition" away from fossil fuels, an analysis by the NGO Global Witness based on data from Rystad Energy shows that the upcoming COP29 host aims to hike its gas production from 35 billion cubic meters...
  • UN climate talks home in on fossil fuel deal

    Negotiators have failed to produce a new draft agreement since the last text was released on Friday. The document includes four different paths out of fossil fuels, but it also has a fifth option: leaving the issue out of the final deal.
  • COP28 President Sultan Al Jaber warns ‘failure is not an option’

    With the conference in Dubai due to officially end on Tuesday, COP28 president Sultan Al Jaber urged the nearly 200 nations at the talks to "show flexibility, to act with urgency and to find the common ground". Jaber told reporters that lack of progress or "watering down my ambition" was...
  • Got to have faith: religion finds its moment at COP28

    Organizers say the Faith pavilion is supporting progress toward an ambitious pact to limit global warming, that also ensures financial aid for the world's poorest on the frontlines of climate change. Faith leaders are offering moral and pastoral services to diplomats working around the clock on the agreement, and for...
  • ‘Unintended consequences’: friction at COP28 over green trade

    Inside the negotiating rooms and on the sidelines of the COP28 climate talks, simmering tensions over wealthy countries' "green trade" policies have been bubbling to the surface, with developing nations fearful they will be penalized. A particularly sore point has been the European Union's new carbon border tax, which sets...
  • COP28 puts spotlight on state oil giants

    Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry. They will all share the limelight at the UN climate talks that opened Thursday in Dubai, as COP28 president...
  • 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 be the largest United Nations climate summit ever. Schedules released by the White House for Biden and Vice President Kamala Harris showed neither heading to Dubai this week.
  • Climate change is the single biggest health threat facing humanity, says WHO

    PARIS, FRANCE -  Growing calls for the world to come to grips with the many ways that global warming affects human health have prompted the first day dedicated to the issue at crunch UN climate talks starting next week. Extreme heat, air pollution and the increasing spread of deadly infectious diseases...
  • UAE oil giant ADNOC pledges to ‘accelerate’ zero-carbon plan

    ADNOC "is accelerating its decarbonization plan to advance its net-zero ambition to 2045, compared to its previous target of 2050," the company said in a statement. It said it intends to "increase its investments and redouble efforts in decarbonization," relying on an initial financing of $15 billion for "low-carbon solutions"...
  • UAE climate talks should focus on action, not visions: Ban Ki-moon

    The South Korean diplomat, who co-chairs the Ban Ki-moon Centre for Global Citizens, was in the UAE this weekend to launch a partnership with Dubai Cares, a civil society organization focused on training youth on "green skills". "We need a COP of solutions and a COP of action," he said.
  • 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...
  • Climate talks in Bonn to reignite momentum to tackle warming

    Negotiators from almost 200 countries will meet in Bonn Monday for climate talks tasked with reigniting momentum on tackling global warming, as Russia's invasion of Ukraine overshadows the threat from rising emissions.