disasters

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.
  • KARAGANDA, KAZAKHSTAN - A fire at a mine in Kazakhstan owed by steel giant ArcelorMittal killed 32 people on Saturday, with over a dozen still missing and the Central Asian nation working to take over the company's local branch. ArcelorMittal -- listed in Luxembourg -- has a history of deadly disasters...
  • Disasters cause crop losses worth $3.8trn over 30 years, says FAO

    PARIS, FRANCE - Natural and man-made disasters have caused $3.8 trillion in crop and livestock loses over 30 years, the UN's Food and Agricultural Organization (FAO) said on Friday. Floods, droughts, insect infestations, storms, disease and war have caused about $123 billion per year in lost food production between 1991 and...
  • Climate damages are key flashpoint as UN COP talks go overtime

    Sharm el Sheikh, Egypt—Climate negotiators were grappling for an agreement Saturday at the UN COP27 in Egypt after high stakes talks went deep into the night with key sticking points over funding for countries wracked by climate disasters and ambition in tackling global warming. The meeting at the Red Sea resort of...
  • Deal but no deal: COP26 adds to climate confusion

    Rich countries stand accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states at risk of drought, rising seas, fire and storms. The deal, the European Commission says, has "kept the Paris targets alive". However, UN Secretary General Antonio Guterres stresses it was "not...
  • Earth’s ‘vital signs’ worsening as humanity’s impact deepens

    Of 31 "vital signs" - key metrics of planetary health that include greenhouse gas emissions, glacier thickness, sea-ice extent and deforestation - they found that 18 hit record highs or lows