Abu Dhabi, UAE--The Organisation of the Petroleum Exporting Countries (OPEC) has called for increased investments in the oil industry to meet global energy demands and sustain economic growth. According to its secretary general, Haitham Al Ghais, these investments are crucial for ensuring reliable energy supplies for current and future generations....
Britain may build seven nuclear power plants by 2050
Britain could build up to seven new nuclear power plants by 2050, as well as offshore wind to diversify energy sources, a senior minister said Sunday.
Suez Canal posts 20% jump in revenue in Q1 of 2022
Suez Canal posted twenty percent increase in revenue in the first quarter of 2022 despite the Russian-Ukraine war disturbing the global supply chain.
Political will, pandemic weigh on two weeks of talks to save nature
The world is facing catastrophic declines in animals and plants that pose a twin threat to life on Earth with the interrelated menace of climate change.
Dubai summit highlights future to governments
This year’s summit has brought together 190 countries, over 500 speakers, and 4,000 participants worldwide to discuss the future of governments.
Russia says will scale down Kyiv offensive; Ukraine, West sckeptical
Vladimir Putin’s pledge to scale down military activity was met with skepticism in Ukraine and Western capitals, with the Pentagon saying Moscow had merely repositioned a ‘small number’ of forces near Kyiv, but could be preparing a ‘major offensive’ elsewhere.Nairobi to host next biodiversity meeting in June to save nature
Countries have proposed to hold an extra biodiversity meeting in Nairobi in June as talks in Geneva tasked with saving nature entered their final day Tuesday without an agreement.Ukraine retakes Kyiv suburb, as negotiations for peace resume
Ukrainian troops "liberated" the suburban town of Irpin, Interior Minister Denys Monastyrsky said, wresting a key gateway to the capital's northwest from Russian control, even as its negotiators prepared to meet Russian counterparts for face-to-face talks in Istanbul on Tuesday.Kim Jong Un vows to make North Korea an ‘overwhelming’ military nation
Analysts say the successful launch of a missile may have emboldened Kim's confidence that his country is on the right track to achieving nuclear deterrence and that more such tests should be expected.Turkey spots another mine floating off its coast
Turkey on Monday said a second mine which could have come from Ukraine was discovered off its coast near Bulgaria, adding that experts had been sent to defuse it.
Yair Lapid says Iran wary of Israel’s alliance with Arab states
The deepening alliance between Israel and several Arab states "intimidates and deters" Iran, Israel's Foreign Minister Yair Lapid said Monday as he hosted an unprecedented meeting with four Arab foreign ministers.
Qatar signs Global Methane Pledge, to lower emissions by 30 percent
Rapidly reducing methane emissions is the most effective strategy to limit global warming in the near term and keep 1.5 degrees Celsius within reach.
US steps up pressure as Russia continues Ukraine attack
In an impassioned speech from the Royal Castle in Warsaw, delivered after meeting top Ukrainian ministers in Poland and earlier conferring with NATO and EU allies on the conflict, US President Joe Biden plainly warned Russia: ‘Don't even think about moving on one single inch of NATO territory.’
US indicts 4 Russians who targeted energy sector, including Saudi facility
The Russian hackers tried their exploits on thousands of computers at hundreds of companies in 135 countries between 2012 and 2018, which included energy-sector targets such as a US nuclear power operator and a Saudi petrochemical facility, the US Justice Department has said.
Why GCC should heed Fed rate changes
Four Gulf Arab central banks followed in the footsteps of the US Federal Reserve and raised interest rates by a quarter percentage point for the first time since 2018.
Senior officer among five Yemen soldiers killed as bomb explodes in Aden
Some 80 percent of Yemen's population of about 30 million people depends on aid for survival, after years of a conflict that has killed almost 380,000 people, directly or indirectly, according to the UN.North Korea fired intercontinental missile, claim South Korea, Japan
Pyongyang has launched nearly a dozen weapon tests this year in defiance of UN sanctions. However, long-range and nuclear tests such as the one conducted on Thursday have been paused since leader Kim Jong Un met then-US president Donald Trump for a bout of diplomacy that collapsed in 2019.UN to again ‘demand’ Russia ‘immediately’ end war in Ukraine
The vote comes after 141 countries approved a previous non-binding resolution on March 2 that similarly demanded that Russia immediately cease the use of force against Ukraine. In that vote, five states, including Russia, voted against and 35 abstained.
DET of Dubai and du launch Digital Business Hub
The Department of Economy and Tourism (DET) in Dubai and du, from Emirates Integrated Telecommunications Company (EITC), have opened the Digital Business Hub.April 2 will be first day of Ramadan: International Astronomical Center
It will be possible to see the crescent with a telescope, but not the naked eye, from parts of the Islamic world on April 1.
In fair phase-out of oil, gas-rich nations should stop first: Report
For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP would remain above $50,000 without oil and gas revenue must end production by 2034. Included in this tranche are the US, Norway, Britain, Canada, Australia, and the United Arab Emirates.
Russia warns embargo on its oil imports will impact everyone
An embargo on Russian oil imports, pushed for by some European countries over Moscow's military action in Ukraine, would have a direct impact on everyone, the Kremlin said Monday.
Thousands of mourners take part in rabbi’s funeral in Israel
An estimated three quarters of a million ultra-Orthodox Jews attended the funeral Sunday of influential rabbi Chaim Kanievsky, known to followers as the "Prince of Torah", with Israeli authorities warning of dangers from massive overcrowding.
Ukraine urges China to condemn Russia attack
Russia's claim on Saturday to have unleashed its new hypersonic Kinzhal missile would mark a new escalation of its campaign to force Ukraine to abandon hopes of closer ties with the West, even as Volodymyr Zelensky urged Vladimir Putin for presidential-level talks.Arab Parliament hails EU decision to sanction Houthi group
The Arab Parliament (AP) welcomed the decision by the Council of the European Union to include the Houthi terrorist militia in its consolidated black list of groups.
Expo 2020 achieves another milestone, records 20m visits
Expo 2020 Dubai, the largest global gathering since the start of the pandemic, reached the milestone of 20 million visits on Saturday, 19 March.
On International Day of Happiness, UAE aims for best quality of life
The UAE is celebrating the International Day of Happiness, observed on March 20, with achievements and gains that enhance the happiness of the entire society.Ukraine offers dialog as Russia continues urban attacks
Ukraine's leader Volodymyr Zelensky made a fresh appeal for talks with Moscow on Saturday, even as the two sides have been already holding negotiations remotely. But so far, as in previous rounds, the talks have yielded little progress, with both sides blaming the other.
IEA appeals to governments to cut oil use over supply fears
The IEA urged governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia's invasion of Ukraine. The IEA also called on the OPEC+ group of oil-producing nations led by Saudi Arabia and Russia to help "relieve the strain" on markets.Ukraine conflict could cut global economic growth by one point: OECD
Those countries "that have a common border with either Russia or Ukraine" would be particularly affected, while bearing the brunt of refugee flows from Ukraine, said the OECD report.
Number of Italy bound under-18 Tunisian migrants quadruples in four years
A record number of irregular migrants under 18 years old reached Italy from Tunisia last year, more than quadrupling in four years, a rights group said Wednesday. Tunisia has become a major conduit for migrants seeking to reach European shores, particularly the Italian island of Lampedusa, just 130 kilometers (80...‘The enemy is the same, the goal same’: Syrian protestors at pro-Ukraine rally
Moscow is currently recruiting thousands of fighters in Syria, from the regular army and from militia groups, to be put on standby for possible deployment in Ukraine.Soft power index: UAE first in Middle East, tenth globally
The UAE advanced to 15th place globally in the overall Global Soft Power Index ranking, up from last year's 17th in 2021. The index interviewed more than 100,000 people from 101 countries worldwide to assess the various axes of soft power and its positive influence.The first World Police Summit begins at Dubai Exhibition Center
The summit will address the needs and challenges of modern happenings such as cybercrime, urbanization, digital evolution and post-pandemic recovery.44 migrants drown in boat capsize off Morocco’s coast
The European Union said this week it wanted to bolster cooperation with Morocco to stem the flow of illegal migrants entering the bloc.Why is WHO peeved over Mar 11 Covid anniversary?
The organization says the real alarm came six years earlier March 11, 2020 but "few people bothered to sit up and take notice".IMF expects to cut global growth forecast due to Ukraine war
The IMF in January cut the global growth forecast for 2022 to 4.4 percent due to the Omicron variant of Covid-19, after worldwide GDP rose 5.9 percent last year.How Russian ‘safe corridors’ worked in bitter Syria war
Russia's offer of "humanitarian corridors" for civilians to flee the Ukrainian cities it has besieged is a well-tried approach Moscow adopted during Syria's devastating civil war.Protests rock Iraq’s southern area as food prices surge
Protests erupted Wednesday in Iraq's impoverished south over a rise in food prices that officials attributed to the conflict in Ukraine. For about a week, the price of cooking oils and flour have skyrocketed in local markets as government officials have sought to address growing anger with various statements and...
Tunisia to initiate harsh action against food speculators
Tunisian President Kais Saied declared war Wednesday on food speculators amid a shortage of products such as wheat and semolina -- key staples in a country already mired in a political-economic crisis.Drone threat puts air defense at centerstage of Saudi defense show
Deadly strikes on Saudi Arabia and the United Arab Emirates claimed by Yemeni rebels have been the talk of shows held in the two countries in recent weeks.Homes of Palestinians accused of killing a settler demolished
The homes of brothers Omar and Ghaith Jaradat and Mohammed Jaradat were demolished with explosives in Silat al-Harithiya village, near Jenin in the northern occupied West Bank, by border police and the Israeli army.Israel gives financial guarantees for its flights to Russia
Israel was poised Tuesday to extend financial guarantees for its airlines to fly into Russia, raising criticism in Kyiv as most Western airlines boycott Russia over its invasion of Ukraine.Iran awaits ‘details’ of Russian demands on nuclear deal
Iran said Monday it was awaiting "details" on Russia's demands for US guarantees that could potentially delay reaching an agreement in talks aiming to restore Tehran's 2015 nuclear deal with world powers.UAE dispatches 30 tonne of aid to war-torn Ukraine
The United Arab Emirates said it flew 30 tonnes of aid and medical supplies to Poland for transportation to war-torn Ukraine Monday, to help relieve the "deteriorating humanitarian situation" after Russia's invasion.
Turkey tourism industry bemoans Russia-Ukraine war
Every Sunday Noori Sani welcomes his old friends around a bountiful Turkish breakfast in Istanbul. But surrounding him now are empty tables on his terrace at his restaurant by the Blue Mosque.UAE, IRENA to give clean cooking energy to communities
The initiative, called Beyond Food, was launched in collaboration with the Nama Women Advancement Establishment.
Moody’s says Ukraine war endangers global economic recovery
The Russia-Ukraine conflict and subsequent sanctions have increased risks to the global economic outlook, with effects that will depend on the length and severity of the crisis, Moody's Investors Service said in a report.Iran and IAEA see a way to resolve nuclear issues
Iran and the International Atomic Energy Agency said Saturday after talks in Tehran that they agreed on an approach to resolve issues crucial in efforts to revive the country's 2015 nuclear deal.
Middle East Energy opens next week, will focus on energy transition
Policymakers, business leaders, and industry experts from the energy industry will converge in Dubai next week to participate in Middle East Energy, formerly Middle East Electricity. The event will take place at the Dubai World Trade Centre, from 7th-9th March, under the theme, "Guiding you through the energy transition". It...
France says worst yet to come in Russia-Ukraine conflict
France on Thursday expressed fear that the worst phase of Russia's war on Ukraine could be yet to start, with key Ukrainian cities at risk of encirclement by Russian forces.
