Nations retreating inward making global cooperation harder, Dr Masood tells TRENDS at Davos
Davos, Switzerland - The world is grappling with challenges that demand collective action, but rising nationalism and geopolitical tensions are making cooperation increasingly difficult, Dr. Masood Ahmed, the president emeritus of the Center for Global Development, told TRENDS in an exclusive interview at the Davos meeting of the World Economic...
WTO conference ends with acceptance of Abu Dhabi Declaration
Abu Dhabi, UAE--The 13th Ministerial Conference (MC13) of the World Trade Organisation (WTO) has concluded with the acceptance of Abu Dhabi Declaration, a landmark document securing important new trade agreements that will extend the benefits of the global trading system to more nations.Following a week of intensive negotiations, Dr Thani...Several nations eager to join Charter of Cooperation, says OPEC Secretary-General
ABU DHABI, UAE - Secretary-General of the Organization of Petroleum Exporting Countries Haitham Al Ghais said that OPEC is in active talks with several nations eager to join the OPEC+ Charter of Cooperation, following the recent accession of Brazil.The names of these countries will be announced after the completion of...Spain to increase UNRWA funding after donors suspend aid
MADRID, SPAIN - Spain said on Monday that it would give an additional US$$3.8 million (3.5 million euros) in aid to the UN Palestinian refugee agency UNRWA, which is facing a cash crunch after several nations suspended their funding.Over a dozen countries, including major donors the United States, Germany, Britain and...Dubai to host ‘Arab Strategy Forum’ next week
Dubai, UAE--The Arab Strategy Forum will commence in Dubai on January 3rd, 2024 to debate the intricate political and economic landscape of the Arab region.Titled "The Political and Economic State of the Arab World in 2024," the thought-provoking event will bring together prominent global leaders, strategic experts, and leading figures...UAE President attends Group of 77 and China meeting at COP28
DUBAI, UAE – At the UN Climate Change Conference (COP28) here, UAE President Sheikh Mohamed bin Zayed Al Nahyan attended part of the Group of 77 and China meeting.The President extended a warm welcome to the leaders present, underscoring the significance of collaboration among developing nations to enhance common interests...CBUAE and People’s Bank of China renew currency-swap agreement
Abu Dhabi, UAE--The Central Bank of the UAE (CBUAE) and the People’s Bank of China today signed an agreement to renew the currency swap between the UAE and China and a memorandum of understanding (MoU) to enhance technical and technological cooperation in the development of central bank digital currencies.The signings...Fishing nations pledge to protect sharks, rays
CAIRO, EGYPT - Atlantic fishing nations have agreed to better protect sharks and rays by limiting the retention of several bycatch species, but advocacy groups warn progress is still lagging.At the conclusion of the International Commission for the Conservation of Atlantic Tunas (ICCAT) this week, countries agreed on "new measures for...IMF agrees on rise in funding, extra Africa board seat
The IMF announced member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a third seat on its executive board at its first meetings on the continent since 1973. Spanish Economy Minister Nadia Calvino, who chairs the IMF Financial Committee, said there was an agreement...UAE president and US senator discuss bilateral strategic alliance
Abu Dhabi, UAE--UAE President Sheikh Mohamed bin Zayed discussed how to deepen strategic alliance with the US in a meeting with US Senator Joni Ernst of Iowa in Abu Dhabi on Friday. During the meeting at Qasr Al Shati, the two sides exchanged views on a number of regional and...Egypt, Sudan and Ethiopia restart Nile dam talks
The massive $4.2-billion dam built by Ethiopia has stoked tensions with Egypt and Sudan as they fear the dam will severely reduce their share of Nile water. Both nations have repeatedly asked Addis Ababa to stop filling it until an agreement has been reached. The talks are expected to pave...Russia open to defense cooperation with several countries, says Putin
Moscow is open to equal defense cooperation with all nations seeking to protect their interests, Russian President Vladimir Putin said in a video address to participants in the Army-2023 forum. “Russia is open to deepening equal technological partnership and defense cooperation” with countries seeking to protect their interests and independent...Saudi Arabia to compete for 17-title categories at 15th Arab Games
Riyadh, Saudi Arabia--Saudi Arabia will take part in the 15th Arab Games, "Algeria 2023," which is set to commence next Wednesday. Algeria will host the event until July 15th, with the involvement of all Arab nations.Saudi Arabian athletes will compete in 17 different sports, including 14 Olympic disciplines, such as...Gulf nations stress on cementing unity, pledge support for Palestine
Riyadh, Saudi Arabia -- The Ministerial Council of the Gulf Cooperation Council (GCC) has stressed the need for coordination, integration and interdependence among GCC countries in all fields.At its 156th session on Sunday, the Council focused on strengthening joint Gulf action, with the Council reviewing the integration process among GCC...Iran calls for expansion of ties between Tehran and Ankara
Tehran, Iran-- Iran has called for expansion of ties between Tehran and Ankara after the victory of the incumbent president of Turkey in the recently held elections in the country.The sentiment was expressed by Iran's foreign minister Hossein Amir-Abdollahian in a phone call with his Turkish counterpart Foreign Minister Hakan...Money laundering and terrorism financing pose threat to world: UAE
The three-day conference in Abu Dhabi has brought together officials from around the world to discuss the menace of money laundering and terrorism financing and how to combat it. An official from the UAE's ministry of justice affirmed the need for global partnerships and more direct contact between relevant authorities...Jordan’s exports to EU nations in January, February 2023 rose to US$87m
AMMAN, JORDAN - Value of Jordanian exports to European Union countries increased during January-February period of 2023, by 108.5 percent to reach about US$87 million (JD62 million), compared to about US$42 million (JD30 million) for the same period last year.According to foreign trade data issued by the Department of Statistics...UN chief calls for ceasefire in Sudan, says conflict may affect region
Foreign nations pushed with evacuations of their citizens from Sudan which, the UN chief warned, is "on the edge of the abyss" after 10 days of brutal fighting between rival forces. As army and paramilitary troops again clashed in Khartoum and across the country, Sudanese have sheltered in their homes...Arab nations gather to discuss ending Syria’s long isolation
Arab countries gathered in Jeddah on Friday to discuss ending Syria's long spell in the diplomatic wilderness as regional relations shift following Saudi Arabia and Iran's decision to resume ties.Pakistani businessman exports food products to Israel
ISLAMABAD, PAKISTAN - The American Jewish Congress celebrated the arrival of the first shipment of food products from Pakistan to Israel, marking a milestone in bilateral trade between the two nations, media reports said.The transaction reportedly involved Pakistani-Jewish businessman Fishel BenKhald and three Israeli entrepreneurs.Based in Karachi, BenKhald operates a...‘Rich nations must achieve net zero carbon by 2040’
UN Secretary General Antonio Guterres called on wealthy countries to move up their goals of achieving carbon neutrality as close as possible to 2040 in order to "defuse the climate time bomb." He made the remark while introducing a capstone report by the Intergovernmental Panel on Climate Change on the...Poor states’ summit promised just US$1.4bn, says UN
DOHA, QATAR - Just US$1.4 billion in new loans and grants were promised at a UN summit devoted to the world's poorest nations where UN leader Antonio Guterres had appealed for massive aid, officials said Thursday.A top UN envoy warned at the end of the five-day Least Developed Countries meeting that...FIFA readies 48-team World Cup as Eyes Turn to 2026
The enlarged competition represents a triumph for FIFA president Gianni Infantino, who made expanding the World Cup a priority after taking over as world football's supremo in 2016. The 16-team increase marks the biggest expansion in the World Cup's evolution. From 13 teams at the inaugural tournament in 1930, the...Qatar records ‘impressive’ 94% attendance in World Cup first round
Doha, Qatar— After the first round of FIFA World Cup group stage matches were completed, official figures show that the average overall match attendance stands at an impressive 94% compared to stadium capacities for the event, according to a report published by FIFA on its website. With all 32 nations...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...UAE Minister discusses economic ties with Caribbean countries
ABU DHABI, UAE - UAE Minister of Economy Abdullah bin Touq Al Marri visited the Havana International Fair 2022 in the Republic of Cuba, at the invitation of the Cuban government. The visit was aimed at exploring opportunities for cooperation and establishing new economic partnerships between the UAE and Caribbean...US unveils green transition scheme for developing nations
Intended to support the transition to renewable energy in developing nations, the United States launched a partnership with private funds based on a carbon credit system criticized by climate activists. The government scheme would help emerging economies attract finance to "support their clean energy transitions."Morocco and EU sign ‘green partnership’ deal
Aiming to bolster cooperation on renewable energy, Morocco and the European Union have signed a "green partnership" deal in order to offer alternatives for European nations that are trying to wean themselves off fossil fuels, whose prices have soared in the wake of Russia's invasion of Ukraine.‘Agri-tech, innovation key in improving farmers’ livelihoods’
UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Agriculture Ministers’ Meeting in Bali as part of the G20 Summit.Energy crisis pushes nuclear comeback worldwide
Investment in nuclear power declined after Japan's 2011 Fukushima disaster, the world's worst nuclear accident since Chernobyl in 1986, as fears over its safety increased and governments ran scared. But following Moscow's invasion of Ukraine in February, the subsequent squeeze on energy supplies and Europe's push to wean itself off...G7 ‘will never recognize’ borders changed by force
The Group of Seven industrialized nations said Saturday they would never recognize the borders Russia is trying to shift by force in its war against Ukraine and pledged enduring support for Kyiv. The ministers were joined in the resort of Wangels by their counterparts from Ukraine and Moldova.Climate, economy, vaccines key focus of G20 talks
Leaders of the world's most advanced nations are hoping to hammer out a way forward on climate change and vaccine equality.Gulf nations pledge to provide quality education
The Arab countries have vowed to continue to work for the achievement of the UN Sustainable Development Goal to ensure inclusive and equitable quality education.

































