INSEAD Day 4 - 728x90

temperatures

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.
  • The new deaths reported Thursday included 58 from Egypt, according to an Arab diplomat who provided a breakdown showing that of 658 Egyptians who died, 630 were unregistered pilgrims. Around 10 countries have reported 1,081 deaths during the pilgrimage.
  • Summer 2023 was the hottest in 2,000 years: study

    Paris, France -- Last year's northern hemisphere summer was the hottest in 2,000 years, according to a new study published on Tuesday. Scientists say 2023 was the hottest year globally since records began in 1850, but the study in the journal Nature indicates human-caused climate change pushed northern summer highs well...
  • Climate impacts set to cut 2050 global GDP by nearly a fifth

    But slashing greenhouse gas emissions as quickly as possible remains crucial to avoid even more devastating economic impacts after mid-century, researchers reported in the journal Nature. The study projects that -- absent climate impacts after 2020 -- global GDP would double by 2050 from $100 trillion in 2022.
  • Electric cars credited with lower CO2 emissions in US neighborhoods

    LOS ANGELES, US – The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas, a study showed on Thursday, bolstering a key pillar of the state's drive towards net zero. Scientists at the University of California, Berkeley, say a network of sensors set up...
  • Planet ‘on the brink’, with new heat records likely in 2024: UN

    The annual State of the Climate report by the UN weather and climate agency confirmed preliminary data showing 2023 was by far the hottest year ever recorded. And last year capped off "the warmest 10-year period on record", the World Meteorological Organization said, with even hotter temperatures expected.
  • Kuwait’s scorching summers a warning for heating planet

    Kuwait City, Kuwait -- As the blazing summer sun beats down on Kuwait, shoppers stroll down a promenade lined with palm trees and European-style boutiques, all without breaking a sweat. In one of the world's hottest desert countries, it's all made possible by architecture and technology: the entire street is located...
  • DEWA exhorts customers to take ‘measures’ in order to avoid fire

    Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has called on the public to take all necessary measures to avoid the risk of fire due to misuse of electrical appliances and connections with increasing temperatures in summer or failure to conduct periodic maintenance. DEWA called on customers to use its smart...
  • Egypt to resume exports of LNG by October: Tarek El Molla

    Cairo, Egypt-- Egypt is looking to resume exports of liquefied natural gas exports by October, according to the country's petroleum minister Tarek El Molla. The North African country's production is used at home during the summer when temperatures are very high, but in the winter months the country has excess...
  • Kazakhstan eyes energy takeovers after blackouts, ‘mismanagement’

    ALMATY, KAZAKHSTAN - Kazakhstan warned Monday it could nationalize struggling energy companies in the oil-rich Central Asian country after the latest blackout there left thousands without electricity in freezing temperatures. The vast ex-Soviet country is a net exporter of energy, but high gas prices this year fueled historic and bloody...
  • Dogs take to gym to beat UAE heat

    With temperatures soaring above 45 degrees Celsius, dogs have found a unique way to beat the heat of the UAE: a three-times-a-week workout in an air-conditioned gym.
  • G7 criticizes India for its decision to ban wheat export

    India, the world's second-largest wheat producer, said that factors including lower wheat production and sharply higher global prices because of the war meant that it was now worried about its own "food security"
  • Sandstorm leaves more than 1,000 Iraqis in hospital

    More than 1,000 Iraqis were rushed to hospital with respiratory ailments on Thursday due to a sandstorm, the seventh to hit the country in the past month, state media said.
  • UN confirms 2021 among seven hottest years on record

    The past seven years have been the hottest on record, the United Nations confirmed Wednesday, adding that 2021 temperatures remained high despite the cooling effect of the La Nina weather phenomenon. "The warmest seven years have all been since 2015," the UN's World Meteorological Organization said in a statement. And...
  • European Union says last seven years warmest on record globally

    The last seven years have been the hottest on record globally "by a clear margin", the European Union's climate monitoring service reported Monday, as it raised the alarm over sharp increases in record concentrations of methane in the atmosphere. Countries around the world have been blasted by a relentless assault...
  • Here are some significant records of 2021

    From sizzling temperatures and the longest blockage of Suez and pensioners in space, a look at some of the most notable events of the year.
  • 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,...
  • Climate change could turn Gulf cities unlivable

    A new report by the UN's Intergovernmental Panel on Climate Change showed unequivocally that the climate is changing faster than previously feared. Experts warn that with higher temperatures and humidity towards the end of this century, parts of the Gulf will experience periods of "heat stress conditions that will be...