The International Telecommunication Union (ITU) has published the framework for the development of standards and radio interface technologies for the sixth generation of mobile systems, popularly …
Al Mazrouei highlights UAE’s drive to transform energy sector
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, affirmed that the UAE’s energy sector is vital to ensuring the success of the UN Climate Change Conference (COP28), taking place …
Adnoc and Tabreed assess more UAE sites for geothermal energy-driven cooling plants
Adnoc and the National Central Cooling Company, better known as Tabreed, have started operations at their geothermal energy-fed district cooling plant at Masdar City and have identified more sites to …
PDP Slams Tinubu For Wasting Tax Payers’ Money On Mistresses, Cronies With 1,411 Delegates At COP28
The Peoples Democratic Party has protested against the President Bola Tinubu who led the federal government delegation to the Conference of the Parties, COP28, …
Here’s why the UAE, the autocratic COP28 host, allows limited protests at the summit
Participants at the United Nations’ COP28 climate talks on Sunday found themselves greeted by the rarest sights in the United Arab Emirates — public protests.
Team Abu Dhabi face familiar rivals in Khor Fakkan
The revival of Class 3 racing in the UAE began earlier this year, with Arif Al Zaffain and Nadir Bin Hendi taking Fazza to victory in Abu Dhabi …
Masdar Joins Forces with RWE in 11 billion Investment to Co-develop Massive 3GW Offshore Wind Projects in UK
Masdar, the UAE’s clean energy powerhouse, to acquire 49 percent stake in RWE’s 3GW Dogger Bank South (DBS) offshore wind projects, as part of 11billion investment in UK’s renewab …
Navigating the future of global logistics from Dubai
Serving 159 airlines in cargo and moving 2.7 million tonnes of goods per year, dnata provides an extensive suite of services out of its Dubai base including: warehousing and equipment supply, export …
Toto Wolff labels Michael Masi an ‘idiot’ after Abu Dhabi call
Toto Wolff has labelled former F1 race director Michael Masi an “idiot” nearly two years after his call cost Mercedes driver Lewis Hamilton an eighth world title. Masi was sacked by the FIA after a …
UAE banks pledge $270 billion in green finance at COP28 climate talks
Banks in the United Arab Emirates on Monday pledged to mobilise 1 trillion dirhams, or around $270 billion, in green finance, the chair of the country’s banking federation told the COP28 climate talks …
COP28 UAE: DIFC’s climate finance platform aims to raise $100bln by 2030
Dubai Financial Services Authority also announced it was waiving all regulatory fees for issuers wishing to list sustainability-related debt securities in the DIFC throughout 2024 …
UAE financial sector announces to mobilise AED 1trln in sustainable finance by 2030 as UAE hosts COP28
CBUAE, in cooperation with the COP28 Presidency, organises a global event on Finance Day at COP28 to drive global sustainable finance efforts towards a sustainable future
COP28: UAE banks pledge Dh1 trillion in green financing
UBF chairman Abdulaziz Al Ghurair says banking sector crucial in climate forum talks The annoucement came on Monday, which is dedicated to finance discussions at COP28. File image of COP28 banner near Al Wasl dome at Expo City Dubai. Image Credit …
UAE: Moody’s affirms RAKBANK ‘Baa1/ P-2’ rating; outlook stable
Abu Dhabi: Moody’s Investor Service has reaffirmed the ‘Baa1/ P-2’ rating to the National Bank of Ras Al Khaimah (RAKBANK), with a stable outlook. The obligations rated Baa are subject to moderate credit risk, according to a bourse statement.
Gulf International Bank celebrates 52nd UAE National day
In honour of the 52nd National Day of the United Arab Emirates, Gulf International Bank (GIB), held a celebration for its Abu Dhabi and Dubai based employees. They were joined by Mr. Jamal Al-Kishi, CEO of GIB B.
ReNew inks initial pact with Asian Development Bank for USD 5.3 bn funding
Renewable energy firm ReNew Energy Global Plc has inked an initial pact with the Asian Development Bank (ADB) for a funding of USD 5.3 billion. ”The MoU was signed at COP28, Dubai by ReNew’s Founder, Chairman and CEO, Sumant Sinha and Suzanne Gaboury, Director General, Private Sector Operations Department, ADB,” a company statement said.
BEEAH, Chinook Hydrogen, and Air Water Gas Solutions to develop world’s first super green hydrogen plant in Sharjah
“In the realm of green hydrogen technology, we have not only merely advanced or pushed boundaries, we have pioneered the world’s first plant that produces Super-Green-Hydrogen™ that can fuel hydrogen …