INSEAD Day 4 - 728x90

heatwaves

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.
  • Major emitters must take the lead, but every nation has a role in addressing the climate crisis. Success hinges on ambitious Nationally Determined Contributions, strengthened by robust financial support and capacity-building efforts. The coming months are critical for translating commitments into impactful action, adds the author.
  • Almost the entire world is experiencing record heatwaves

    Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures, to Europe and Japan, in the latest example of the threat from global warming. The heatwaves come after EU's climate monitoring service said the world saw its hottest June on...
  • Europe world’s fastest warming continent, says EU climate report

    The report by the World Meteorological Organization and the European Union's Copernicus Climate Change Service said the continent was some 2.3 degrees Celsius hotter last year than in pre-industrial times. Crop-withering drought, record sea-surface temperatures and unprecedented glacier melt are among the consequences laid out in the report.
  • Governments to vet crucial UN climate science report

    Diplomats from nearly 200 nations and top climate scientists begin a week-long huddle in Switzerland Monday to distill nearly a decade of published science into a 20-odd-page warning about the existential danger of global warming, and what to do about it. Since its creation in 1988, the IPCC - an...
  • Climate change leads to warm winter for Europe

    After experiencing searing summer heat and a drought unprecedented in centuries, a wave of warm weather across Europe this winter has melted the snow from ski slopes in the Alps and Pyrenees, and seen temperatures above 20 degrees Celsius (68 degrees Fahrenheit) even in normally-freezing central regions.
  • ‘Heatwave to make human life unsustainable in certain areas’

    GENEVA, SWITZERLAND - Heatwaves will become so extreme in certain regions of the world within decades that human life there will be unsustainable, the United Nations and the Red Cross said Monday. Heatwaves are predicted to "exceed human physiological and social limits" in the Sahel, the Horn of Africa and...
  • Middle East heating at twice the global average: Study

    Nicosia, Cyprus - The Middle East is heating at nearly twice the global average, threatening potentially devastating impacts on its people and economies, a new climate study shows. Barring swift policy changes, its more than 400 million people face extreme heatwaves, prolonged droughts and sea level rises, said the report...
  • 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...
  • Oil demand up as surging gas prices force countries to switch fuels: IEA

    Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are prompting countries to switch fuels for power generation, the International Energy Agency said Thursday. Oil prices have dropped by $30 per barrel from a peak in June due to growing supplies and...
  • 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.
  • Scientists’ network plans civil disobedience to highlight climate crisis

    The world has seen a crescendo of deadly extreme weather amplified by rising temperatures -- heatwaves, wildfires, flooding, storms.