The G77+China block of more than 130 developing nations called in a position paper for a special fund "for assisting developing countries in meeting their costs of addressing non-economic and economic loss and damage" caused by extreme weather disasters and rising sea levels.

The summit reviews ways to enhance integration of the optimal energy mix for electricity production to achieving climate change targets through MoUs and agreements.

Just in the past few months, climate-induced catastrophes have killed thousands, displaced millions and cost billions in damages across the world. Massive floods devastated swaths of Pakistan and Nigeria, droughts worsened in Africa and the western United States, and cyclones whipped the Caribbean.

The analysis, "Hunger in a heating world," found that acute hunger had risen 123 percent over six years in the ten most-affected nations, defined by the most number of UN weather appeals. "The effects of severe weather events are already being felt," Lia Lindsey, Oxfam America's senior humanitarian policy advisory...

Showcasing its growing rift with the Western world, Vladimir Putin will meet China's Xi Jinping and other Asian leaders in a regional summit in Samarkand. The Shanghai Cooperation Organization was set up in 2001 as a political, economic and security organization to rival Western institutions.

The UN's World Meteorological Organization and its Environment Programme warned that the catastrophes such as Pakistan's monumental floods and China's crop-withering heatwave this year will become commonplace should the world economy fail to decarbonize.

Calling on the world to put an end to the war with nature by investing in renewable energy now, UN head Antonio Guterres said Pakistan and other developing countries are paying a horrific price for the intransigence of big emitters that continue to bet on fossil fuels.

The relief aid includes shelter materials, humanitarian needs, food and medical parcels for those affected by torrential rains and floods

The rains that began in June have unleashed the worst flooding in more than a decade, washing away swathes of vital crops and damaging or destroying more than a million homes. Authorities and charities are struggling to accelerate aid delivery to more than 33 million people affected, a challenging task...

The United Arab Emirates this month said it would invest $1 billion in Pakistan and, according to reports, Saudi Arabia is considering extending an emergency $2 billion loan made last year. The latest boost came in talks between Qatar's emir Sheikh Tamim bin Hamad Al Thani and Pakistan's Prime Minister...

Sheikh Mohamed received General Bajwaat Qasr Al Bahr Majlis and discussed with him bilateral cooperation and joint action in areas of defence.

The Group is planning a new acquisition in Egypt.

Saudi Arabia and Pakistan reviewed bilateral relations in a meeting between Crown Prince Mohammed bin Salman and Pakistan army chief Qamar Javed Bajwa.

Pakistan's new government, grappling with soaring inflation and political unrest, unveiled a 9.5 trillion rupee ($47 billion) budget Friday, earmarking more than 40 percent to service the country's massive foreign and domestic debt.

The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan.

Hub71, Abu Dhabi’s global tech ecosystem, has accepted 16 startups to join its community. By launching operations in Abu Dhabi, the new startup cohort, which has already raised more than AED 231 million in funding, will have the opportunity to develop advanced technologies and gain access to the market, investment,...

The latest sign of support follows a visit to Saudi Arabia by new Prime Minister Shahbaz Sharif, who has inherited a crippling national debt, galloping inflation and a feeble rupee.

The Dubai Gold & Commodities Exchange (DGCX) recorded a monthly Average Open Interest (AOI) of 134,154 contracts during the month of March, and registered trading volume with a total value of $15.74 billion. In response to further inflation, policy decisions and continued geo-political conflict around the globe, there was a...

The region is home to around a third of Islam's adherents. Festive Iftar meals traditionally bring families together and there is intense social activity.

Pakistan will go to the polls to elect a new government within three months after Prime Minister Imran Khan foiled an attempt to boot him from office Sunday by getting the president to dissolve the national assembly. The presidency -- a largely ceremonial office -- acceded hours later.

Traditionally, many Muslim-majority countries have followed dates set by Saudi religious authorities, but in recent years many have used their own astronomic calculations.

Amid a global pandemic, Dubai strategically turned a business and culture event into a public diplomacy spectacle unmatched in history.

The grants were approved at the 179th session of OFID’s Governing Board in Vienna.

The option of barter trade was available to cement the mutual relationship between Iran and Pakistan, an Iranian envoy has said.

The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33 billion).

Fatima Group, a Pakistani industrial conglomerate, has signed two MoUs of over $1 billion with two key global agriculture stakeholders – China Machinery Engineering Company (CMEC) from China and Sarh Attaqnia Co. (SAC) from Saudi Arabia at Expo 2020. A formal signing of the business partnership was held at the...

Dubai International Airport (DXB) continues to be the world’s busiest airport by international passenger numbers for the eighth consecutive year after clocking 29.1 million in annual traffic in 2021. The airport’s annual traffic exceeded forecasts for the year by more than half a million passengers, on the back of a...

The MoU was co-signed by the Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli and Pakistan Minister for Climate Change Malik Amin Aslam.

A total of 2,000 new companies from 106 countries registered with the Sharjah Publishing City Free Zone (SPC Free Zone) in 2021. The Free Zone said in a statement that most of these companies were from the UK, India, Pakistan, the Philippines, and Lebanon. Stakeholders in the education and publishing...

The aim of relaunching the Hebrew coverage is to convey the Palestinian point of view to Israeli society in an objective manner, said Wafa editor-in-chief Khuloud Assaf.

The Secretary-General of Iran-Pakistan Joint Chamber of Commerce Fahimeh Damroudi said that barter is the best choice of exchange as the proper way of financial exchange does not exist. Reportedly, Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors. As the president stressed, boost in...

The statement was issued after the latest review of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) — which first came into force in 1970 — was postponed from its scheduled date of January 4 to later in the year due to the Covid-19 pandemic.

Chief Executive of Pakistan International Airlines (PIA) Air Marshal Arshad Malik announced that the PIA will start direct flights from Karachi to Mashad in Iran from 1 Jan 2022. Iranian local media reports said that Arshad Malik was speaking in a meeting with Ambassador of Iran in Pakistan Mohammad Ali...

Pakistani Foreign Minister Shah Mahmood Qureshi said in a statement on Monday that his country supports the Kingdom's initiative.

Saudi Arabia will allow direct entry of fully vaccinated expatriates from Indonesia, Pakistan, Brazil, Vietnam, India and Egypt from December 1 without the need to spend 14 days in transit outside their countries before entering the kingdom, reports said. However, they will have to spend a five-day quarantine regardless of...

The national mood was summed up by Prime Minister and former captain Imran Khan who said the side should be proud.

The Pakistani activist shared images of the ceremony on social media.

The money is coming in through the SFD, a Saudi government agency that usually finances social and infrastructure projects in developing countries.

The Federal Board of Investment of Pakistan has invited auto-sector investors to set up business within the country.

The UAE-based Esports company has over 400 million subscribers.

The tropical depression deepened to the Tropical Storm "Shaheen" in the northeast of the Arabian Sea along the Indian-Pakistani coasts Friday, the National Centre of Meteorology (NCM) said.

The chamber is ready to offer all the services required to help Pakistani businesses and entrepreneurs in Abu Dhabi.

Iran has been trying to enter the SCO for years, and was close last year, but Tajikisatn objected to it.

Iran at the moment has electricity exchange with Armenia, Azerbaijan, Iraq, Turkmenistan, and Afghanistan.

Fully-vaccinated passengers from 21 countries can now travel to Oman, according to a new circular issued by the country’s Civil Aviation Authority, which took the decision by consulting several stakeholders.

Etihad extends suspension of passenger travel from India, Pakistan, Bangladesh, Sri Lanka from Aug 2 to Aug 7.

Twelve banks from the region fully subscribed the transaction in which Ajman Bank also acted as investment agent.

Pakistan foreign office said the visit holds "special significance in the backdrop of the recent visit of Prime Minister Imran Khan to Saudi Arabia in May 2021"

Imports from UAE $6.2 billion compared to $5.9 billion last year The highest increase in imports recorded from Saudi Arabia Pakistan’s imports from four GCC countries were nearly $10.6 billion during the first 11 months of 2020-21, a report said. The country's imports from UAE were worth nearly $6.2 billion...

Pakistan fifth-largest recipient of KSrelief after Yemen, Palestine, Syria and Somalia 8500 people examined in Karachi and Shikarpur area of Sindh province during the campaign that ended recently KARACHI: The King Salman Humanitarian Aid and Relief Center (KSrelief) recently completed voluntary medical campaigns in Pakistan to combat blindness and its...