The UAE will develop 6.6 gigawatts of clean energy capacity in India, including the construction of 1,200 megawatts of wind and solar projects, Majid Al Suwaidi, Cop28 director general, has said. The …
UAE’s Masdar to invest in $13.9bn UK renewable energy project: Rishi Sunak
Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, is part of an £11bn ($13.9bn) investment into the UK’s renewable energy sector and is purchasing a 49 per cent stake in RWE …
UAE among petrostates that risk losing half their income as fossil fuel demand drops
Energy transition brings ‘very real risk’ of conflict in petrostates, a new report warns. What can be done about it? View on euronews …
Rights group sounds alarm: COP28 participants face extensive surveillance in UAE
Participants of the UN climate summit in Dubai will be under “extensive surveillance” by the authorities of the United Arab Emirates, Human Rights Watch (HRW) said on Friday. “From the moment COP28 …
UAE president announces $30 bln fund to bridge climate finance gap
United Arab Emirates President Sheikh Mohammed Bin Zayed Al Nahyan, whose country is hosting the COP28 climate summit, announced on Friday a $30 billion climate fund that aims to attract $250 billion …
Business community extends warmest greetings on UAE’s 52nd National Day
The business community extends heartfelt greetings and warmest wishes to the visionary leadership of the UAE on the occasion of its 52nd National Day. The UAE is a place of opportunities and growth …
World Bank, UAE lead climate financing boost at Cop28
DUBAI: Governments, development banks and companies announced … action,” Jaber said it included $5 billion to be allocated to poorer countries. The World Bank stepped up with a promise to increase …
World Bank to boost climate financing share to 45%, broaden climate debt clauses
By Valerie Volcovici DUBAI (Reuters) -World Bank President Ajay Banga said on Friday the development lender will devote 45% of its annual financing to climate-related projects by 2025, up from a …
World Bank Group devotes 45 percent of its annual financing to climate-related projects over 2024 to 2025
The World Bank Group (WBG) on Friday said it will increase the amount it spends annually on climate-related projects to 45 percent of its financing over 2024 to 2025, up from 35 percent now, as part …
UAE’s Masdar joins RWE for Britain’s giant Dogger Bank South offshore wind
The deal allowing the United Arab Emirates’ renewables powerhouse to enter into Dogger Bank South was signed by the chief executives of both companies during the COP28 climate summit, which began in …
UK unveils £11 bn windfarm investment by UAE, German firms
UK Prime Minister Rishi Sunak announced Friday plans by UAE state-owned renewables firm Masdar and German energy giant RWE to invest up to £11 billion ($14 billion) in a giant offshore windfarm.”I’m …
COP28 Advisory Board Member Resigns Over Reports UAE Used Climate Talks To Push Fossil Fuels
Sultan Al Jaber, president of this year’s climate summit in the UAE, allegedly used the talks to pursue fossil fuel deals for the UAE’s state-owned oil company …
Ethereum-Based Fasset Secures Operational License in Dubai for Tokenized Offerings
The license allows Fasset to provide digital asset broker-dealer services to retail and institutional investors, in and from Dubai, to customers globally.
Etisalat by e& launches exclusive National Day offers and initiates planting of 52,000 mangroves in UAE
National Day offers feature free local data for Emirati subscribers, 52% discount on smart energy devices, and premium Emirati content on eLife TV Abu Dhabi: etisalat by e& today announced the launch …
Shure Outlines Position on Future of Spectrum for Wireless Audio
Shure is showcasing wireless audio product’s use of spectrum to regulators from around the world at the four-week World Radiocommunication Conference (WRC-23) in Dubai that wraps up Dec. 15.
UAE pledges $200mln to help low-income and vulnerable countries fight climate change
Dubai: Today, the UAE pledged USD $200 million to help climate … The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or …
Kamala Harris attends COP28 summit in Dubai
Related COP28 climate summit kicks off in Dubai with disaster fund breakthrough King Charles … Dec. 1 (UPI) — The IRS and Treasury Department on Friday laid out guidance on electric vehicle tax …