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Month: December 2023

Posted on 04/12/2023

UAE shocks COP28 with big opening day agreement

Delegates from nearly 200 countries have gathered in United Arab Emirates (UAE) capital of Dubai for the UN Climate Summit COP28. The get-together focuses on keeping global temperatures from …

Posted on 04/12/2023

MediaTek Unveils RedCap Solutions to Deliver 5G Data Rates and Impressive Power Efficiency to a Broad Range of IoT Devices

DUBAI, UAE, Dec. 4, 2023 /PRNewswire/ — Leveraging its industry … “The migration to 5G RedCap will replace legacy 4G/LTE solutions, offering significantly better power efficiency and more reliable …

Posted on 04/12/2023

COP28: UAE signs deal with Bill Gates’ nuclear company on advanced reactors

Bill Gates’ advanced nuclear reactor company TerraPower LLC and the United Arab Emirates’ state owned nuclear company ENEC said on Monday they have agreed to study the potential development of …

Posted on 04/12/2023

Rishi Sunak: My tax cuts are ‘clear dividing line’ with Labour

The Prime Minister said the UK economy had “turned a corner” and that further tax cuts, following measures in last month’s Autumn Statement, were the “direction of travel”. Speaking to journalists en …

Posted on 04/12/2023

Dubai’s gold business is heading towards a defining moment – and it is not just one reason only

What Dubai does not require is being selectively targeted by some … Keith Weiner, founder and CEO of Monetary Metals, explained how his business leases gold to provide a yield to investors while …

Posted on 04/12/2023

Far more fossil fuel employees present at UN climate talks in Dubai than year before, report finds

“That business model needs to change. Dubai must be the starting point.” The companies represented by the 1,300-plus employees make up a big part of global emissions — which is also why they should …

Posted on 04/12/2023

UAE firms keen on investing in infrastructure, finance sectors in Vietnam

The UAE business executives pinned their hopes on the official signing of the Vietnam – UAE Comprehensive Economic Partnership Agreement …

Posted on 04/12/2023

Video: Landmark Health Day at UAE’s COP28 unites nations, donors in Dubai for climate and health priorities

UAE Minister of Health and Prevention … Axel van Trotsenburg, the World Bank’s senior managing director, said climate change is not only making people sick and killing people. “What has not been …

Posted on 04/12/2023

COP28: Abu Dhabi teams up with HSBC, others on climate finance think-tank

Abu Dhabi will host the newly launched Global Climate Finance Centre in partnership with nine founding members including the World Bank, lender HSBC and asset managers BlackRock and Ninety One.

Posted on 04/12/2023

AR Rahman performs in Abu Dhabi, unveils his new song

Music legend AR Rahman attended the UAE’s 52nd National Day celebrations in Abu Dhabi and unveiled a ‘song of hope’. On the special occasion, AR Rahman and a 52-member all-female Firdaus Orchestra …

Posted on 04/12/2023

Masdar to Develop 150MWac Solar Plant in Angola to Power 90,000 Homes and Boost Just Energy Transition

Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has announced plans to develop a major 150 megawatt (MW) solar PV project in Angola to deliver …

Posted on 04/12/2023

DIFC’s strategic initiatives drive Dubai’s emergence as a global hub for sustainable finance

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, today announced the launch of its Sustainable Finance …

Posted on 04/12/2023

Dahal invites UAE’s ‘vibrant business community’ to partner with Nepal for mutual growth

Nepal, according to Prime Minister Pushpa Kamal Dahal ‘Prachanda,’ requires a significant investment in infrastructure, human resources, and technology to move out of the LDC category by 2026.

Posted on 04/12/2023

UAE corporate tax: Keeping up with accounting standards

It can be a challenge to keep up with ever evolving accounting standards. For the majority, these hail from International Financial Reporting Standards. For those who conduct annual external audits, …

Posted on 04/12/2023

Here’s why the UAE, the autocratic COP28 host, has to allow protests at the summit

As participants at the United Nations’ COP28 climate talks filed in for another day of talks, they found themselves greeted by a rare sight in the United Arab Emirates — a protest.

Posted on 04/12/2023

Binance’s VIP traders got sneak peek of record US crypto fine at Singapore dinner

Binance hosted a private dinner for a few dozen or so market makers at a posh members-only club called 1880 in September. Read more at straitstimes.com.

Posted on 04/12/2023

UAE’s Alterra climate fund will drive investment in the developing world: COP28 director-general

The UAE’s new $30 billion Alterra climate fund will “drive investment in the developing world and global south,” COP28 Director-General Majid al-Suwaidi tells CNBC’s Dan Murphy.

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