In fact, increased hydrological extremes, in both the form of drought and heavy rains, are one of the most robust ties to human-caused climate change, which is reshaping global weather patterns. Context: Dubai was the host of the 2023 U.N. Climate Summit, where countries agreed to “transition away from” fossil fuel-based economies.
‘Absolute carnage’ – Dubai airport and roads flooded as heaviest rain ever recorded in desert nation of UAE
Heavy thunderstorms lashed the United Arab Emirates on Tuesday, dumping the heaviest rain ever recorded in the country in the span of hours as it flooded out portions of major highways and Dubai’s …
Hedge Fund ‘Pod Shop’ Strategy Imitated by Pensions, Endowments
Pensions and endowments are borrowing from the playbook of giant multimanager hedge funds — and giving it a go themselves. Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens …
Dubai roads, airport reel from floods after record rains
Dubai’s giant highways were clogged by flooding and its major airport was in chaos as the Middle East financial centre remained gridlocked on Wednesday, a day after the heaviest rains on …
Dubai real estate: Emirates REIT’s property income jumps 10% to record $74mn
Occupancy rates across Emirates REIT’s diversified portfolio of commercial, retail, and educational properties in Dubai rose 1.7 percentage points to 86 percent in 2023. Passing rental rates increased …
Chef’s Menu is the new Dubai Food Festival experience to know about
Some of the city’s top chefs will be cooking up special menus for foodies across town… Dubai Food Festival is back from April 26 to May 12, and this year there’s a new addition: Chef’s Menu. Taking …
Fintech has a gender problem—here’s why you should care
Fintech (financial technology) is everywhere. It’s the catch-all term for technology-enabled financial services innovation. Even if you haven’t heard of fintech, you’re probably using it for …
Exclusive: Centrifuge raises $15 million in oversubscribed funding round
The Series A was oversubscribed by $5 million, according to co-founder Lucas Vogelsang. Other investors included Circle Ventures, IOSG Ventures, Arrington Capital, the Spartan Group, and Wintermute …
Flash News: OKX to List Merlin Chain’s MERL Token, Expanding Trading Options
OKX is pleased to announce that it will list Merlin Chain ‘s MERL token on its spot market on April 19 at 10 :00 AM (UTC). Deposits for the token were enabled today at 10:00 AM (UTC).
Dubai flood: Luxury malls flooded, water enters Chanel, Fendi stores as rain batters city. Videos
The city was paralysed by the unprecedented rain that caused floods across the UAE and Bahrain, and left 18 dead in Oman.
Gulf flooding: Dubai airport chaos as UAE and Oman reel from deadly storms
On Sunday, 10 schoolchildren aged between 10 and 15 and an adult were killed when their bus was swamped by floodwater as it attempted to drive through a wadi in the al-Mudhaibi area of Sharqiya …
Dubai rains: 6 most flood-hit areas after record downpour
Dubai witnessed a record breaking rainfall from late Monday until Tuesday night, with many neighbourhoods in the city getting severely affected. Water logging on many major roads put Dubai on a …
Did controversial ‘cloud seeding’ flights cause torrential downpours and huge flooding in Dubai?
Apocalyptic flooding in Dubai which has left thousands stranded may have been induced by cloud seeding operations, analysis shows.
Sharjah puts up rain-affected residents in hotels in the emirate
Al-Naqbi explained that meals were provided to the families, and health and treatment follow-up was provided to them, confirming that they are in good health.
Unleash Your Creativity at the Sharjah Animation Conference!
Calling all aspiring artists and animators! The Sharjah Animation Conference is returning for a second edition this May!The conference will take place at the Sharjah Expo Center in Taawun from May 1 …
UAE rains: Abu Dhabi’s Zayed International Airport fully operational despite adverse weather
Abu Dhabi’s Zayed International Airport remains fully operational despite recent adverse weather. Abu Dhabi Airports is closely collaborating with airlines and service staff to continue serving …
Abu Dhabi’s TAQA confirms Naturgy shareholder talks as it eyes full takeover
Abu Dhabi’s TAQA is in discussions with the three largest shareholders of Spanish energy firm Naturgy, it said on Wednesday, with a view to a possible full takeover bid for the company. Criteria, the …