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Sultan Al Jaber

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.
  • World needs ‘trillions’ for climate action: COP28 president

    Paris, France -- The world needs "trillions" of dollars to spur on the green transition and tackle global warming, the head of last year's COP28 climate talks said Tuesday, warning that political momentum can evaporate without clear action.COP28 president Sultan Al Jaber hailed progress made at UN negotiations last year in Dubai,...
  • COP28 President Sultan Al Jaber warns ‘failure is not an option’

    With the conference in Dubai due to officially end on Tuesday, COP28 president Sultan Al Jaber urged the nearly 200 nations at the talks to "show flexibility, to act with urgency and to find the common ground". Jaber told reporters that lack of progress or "watering down my ambition" was...
  • Progress but divisions persist as climate summit fights over fossil fuels

    Colombia, whose left-leaning government has aggressively promoted environmentalism, warned that COP28 was also failing on raising financing for countries to adapt to the effects of climate change. If countries block "goals on adaptation but at the same time oppose the phase out fossil fuel, they need to be held accountable....
  • COP28 chief urges nations to reach climate compromise

    Setting the ambitious goal of having a deal in place by Tuesday, the last day of the conference, Sultan Al Jaber exhorted the nearly 200 nations represented at COP28 to work with a "spirit of compromise", step out of their "comfort zones and find common ground to deliver a high...
  • $272 billion sustainable finance pledge by UAE financial sector at COP28

    Abu Dhabi, UAE -- The financial sector of the United Arab Emirates commits to mobilizing more than AED 1 trillion ($272 billion) in sustainable finance by 2030, the UAE Banks Federation announced at an event on Monday.Coinciding with the UAE’s hosting of COP28, the Central Bank of the United Arab...
  • No science that oil phase-out will fix climate: COP28 chief

    Sultan Al Jaber -- who also heads state oil giant ADNOC -- made the comments during a testy exchange with former Irish leader Mary Robinson during an online forum. The 50-year-old, who is also the United Arab Emirates' climate envoy, added that removing fossil fuels would take the world "back...
  • $656 million committed to Loss & Damage Fund so far

    The fund will be housed in the World Bank for four years, a decision accepted by developing nations despite concerns about the institution's Western-dominated structure.
  • COP28 to boost climate resilience and agri innovation

    Chaired by UAE Envoy for Climate Change Sultan Al Jaber, the global climate summit will focus on a four-pillar strategy for a sustainable future.
  • UAE vows to allow ‘peaceful’ assembly of climate activists at COP28

    The UAE, set to host COP28 from November to December in the business hub of Dubai, requires official permission for protests but effectively bans demonstrations it deems disruptive. At the upcoming UN climate talks "there will be space available for climate activists to assemble peacefully and make their voices heard", it...
  • COP28 president urges G20 to take lead role on climate action

    Speaking at G20 Climate Sustainability Ministerial Meeting in India, Dr. Sultan Al Jaber said G20 makes up some 85 percent of the world's GDP and contributes 80 percent to emissions. He appealed to the audience to work with "your leaders to drive global climate action in this critical decade."
  • Climate summit needs private sector to succeed: Sultan Al Jaber

    We cannot shut down the energy system of today before we build the new energy system of tomorrow that is equipped with zero-carbon emission sources," said Sultan Al Jaber, head of the United Arab Emirates national oil company ADNOC. "We don't want to create an energy crisis."
  • COP28 chair Sultan Al Jaber urges energy firms to cut emissions

    Al-Jaber, head of the UAE national oil company ADNOC, told ministers from countries of the OPEC oil producers' grouping the industry must "urgently decarbonize its operations and take collective action to eliminate operational emissions".
  • US official meets UAE diplomats to discuss climate change

    DUBAI, UAE - US special climate envoy John Kerry has met senior Emirati officials in Abu Dhabi, including the head of the United Nations' upcoming climate change conference, official media reported on Sunday.The choice of Sultan Al Jaber, chief executive of the Abu Dhabi National Oil Company (ADNOC), to head December's...
  • COP28 chair Sultan Al jaber urges tripling of renewables capacity

    Al Jaber's call marked a public endorsement of a target laid out by the International Energy Agency. Last month at a closed-door meeting with G7 leaders in Japan, he had also raised the target. At the same time, he did not call for a complete end to the use of...
  • ADNOC, Japan sign deal to bolster low-carbon hydrogen value chain

    Tokyo, Japan--Abu Dhabi National Oil Company has signed two agreements with Japanese partners to strengthen the low-carbon hydrogen value chain between the UAE and Japan.The signing of the deal was witnessed by the UAE’s Minister of Industry and Advanced Technology Sultan Al Jaber and Japan’s Minister of Economy, Trade and Industry NISHIMURA Yasutoshi.The...
  • COP28 host UAE vows ‘inclusive roadmap’ for climate talks

    Rights group Amnesty International has said Sultan Al Jaber is "unfit" for the COP28 presidency, being the CEO of state-owned oil giant ADNOC, while Western officials have defended his role in the crucial talks set for November and December.
  • UAE says COP26 a ‘success’ but world still needs to invest billions in oil, gas

    The UAE, one of the world’s top crude exporters, said a recent UN climate summit in Glasgow was a “success” but that the world needs to keep investing billions in oil and gas. Nearly 200 countries at the COP26 summit pledged Saturday to speed up the fight against rising temperatures,...
  • UAE minister says global energy transition to take time

    The United Arab Emirates’ minister of state, Sultan Al-Jaber, said that the world needs to accept that global energy transition will take time.
  • Consortium awarded exploration rights for Abu Dhabi’s Block 5

    ABU DHABI: The Abu Dhabi National Oil Company (ADNOC) on Tuesday awarded exploration rights for Abu Dhabi’s Offshore Block 5 to a consortium of four Pakistani companies in the emirate’s second competitive block bid round. The consortium is led by Pakistan Petroleum Limited (PPL), Mari Petroleum Company Limited (MPCL), Oil...
  • New standardization, metrology legislation to drive UAE’s industrial sector: Sultan Al Jaber

    New UAE standardization and metrology legislation will boost its industrial sector and national economy The standardization regulations will create an attractive atmosphere for local and international investors   Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, has stated that the standardization and metrology system is an...