INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

UAE president discusses climate financing with World Bank chief

The UAE president Sheikh Mohamed bin Zayed Al Nahyan in a meeting with the President of the World Bank Group Ajay Banga at Qasr Al Shati in Abu Dhabi.
  • The meeting also discussed global economic conditions, and the contributions of the World Bank in supporting regional and global development
  • The UAE president highlighted the upcoming UN Climate Change Conference (COP28), which his country will host later this year

Abu Dhabi, UAE – The UAE president Sheikh Mohamed bin Zayed Al Nahyan Thursday discussed climate financing with the President of the World Bank Group Ajay Banga at Qasr Al Shati in Abu Dhabi.

The meeting also discussed global economic conditions, the economic impact of crises, and the contributions of the World Bank in supporting regional and global development.

The UAE president highlighted the upcoming UN Climate Change Conference (COP28), which his country will host later this year. The importance of climate financing in bolstering the global response to climate change and achieving sustainability goals came up for a special mention, as well as the role of the World Bank in this regard.

The meeting was attended by Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi; Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region; Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler’s Representative in Al Ain Region; Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology; and the delegation accompanying the World Bank President.