The 28th United Nations climate summit, known as COP28, kicked off in Dubai on Thursday with an early breakthrough on a key agenda item: the establishment of a disaster fund for countries hit hardest by climate disaster.
UAE aims for COP28 finance splash with $30 billion climate fund
The United Arab Emirates, host of the COP28 climate summit in Dubai, will put $30 billion into a new climate finance fund aimed at improving the flow of money into projects to reduce emissions, especially in the Global South. The UAE said Alterra aims to …
Nations Launch Climate Loss and Damage Fund on First Day of COP28
Nearly all the world’s nations on Thursday finalized the creation of a fund to help compensate countries struggling to cope with loss and damage caused by climate change, seen as a major first-day breakthrough at this year’s U.
6 Architectural Marvels Not To Miss In Dubai
We’ve curated a list of the most spectacular architectural marvels in a city full of jaw-dropping buildings and the best way to experience them. Celebrated South African architect Shaun Killa designed the Museum of The Future,
Why Trust Wallet, the CZ-Owned Crypto App, Is Looking to the UAE
Even before the US government demanded that Binance Holdings Ltd. pay $4.3 billion in fines and accused its founder Changpeng “CZ” Zhao of various crimes, the crypto exchange had been facing …
11 Winners Recognised at Zayed Sustainability Prize Awards Ceremony held during COP28 UAE
ABU DHABI, UAE, Dec. 1, 2023 /PRNewswire/ — His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, today awarded the winners of the Zayed Sustainability Prize, the UAE’s pioneering …
ITU Sets Framework for Future 6G Mobile Broadband Standard
The International Telecommunication Union (ITU) has today published the first framework for the future 6G mobile (mobile broadband) and wireless networking tech …
Sunak announces £11bil wind farm investment by UAE, German firms
The UK government claims that the long-planned offshore wind farm off the coast of Yorkshire will be the largest in the world. (Reuters pic) DUBAI: UK prime minister Rishi Sunak announced on Friday …
PM Modi Arrives In Delhi After Attending COP28 Summit In Dubai
Prime Minister Narendra Modi landed at Delhi airport on Friday late night after a landmark visit to Dubai, where he attended the the Conference of Parties-28 (COP28).
Fifth Sharjah Kalba Arabian Horse Festival kicks off
Sultan Mohammed Al Yahyai, Director General of the Sharjah Equestrian and Racing Club, confirmed that the fifth edition of Sharjah Kalba Arabian Horse Festival is witnessing great participation from …
Abu Dhabi’s Most-Active Sovereign Wealth Fund Eyes European Real Estate for New Gains
Hello from sunny Dubai. This is Archana Narayanan and I’m bringing you a rare interview with a key executive at Abu Dhabi’s most active sovereign wealth fund, Mubadala Investment. Elsewhere, private credit firm HPS privately files for an IPO and BPCE is exploring options for Natixis.
Culture Secretary blocks Abu Dhabi fund from seizing Telegraph during investigation
The Culture Secretary has blocked an Abu Dhabi-backed fund from taking control of The Telegraph while she carries out a review of a proposed takeover deal. Lucy Frazer today issued a “hold separate” order that prohibits ownership of the newspaper from being transferred to RedBird IMI.
The UK and UAE fail to hold bilateral meeting
Rishi Sunak did not take part in a bilateral meeting with the United Arab Emirates at Cop28 on Friday amid the Gulf state’s attempt to buy The Telegraph.
First SAF-powered rotocraft flight in UAE, Middle East
This initiative and achievement demonstrate ADA and Leonardo’s capability and active commitment in reducing the impact that aviation has on global carbon emissions.
AP Explains as COP28 gets underway in Dubai
World leaders were gathering for discussions on tackling climate change on Friday in Dubai at the COP28 summit.
Your Guide to the COP28 Climate Meeting in Dubai
The COP28 climate summit in Dubai has begun. Here’s how to understand the negotiations and squabbles about money and the “phaseout” versus “phasedown” of fossil fuels …
Institutions Have Doubled their Bitcoin Allocations this Year, New Bybit Report Shows
Bybit, the world’s third-largest crypto exchange by volume, has released new research offering analysis of how traders adapt their strategies in fluctuating market conditions. “Navigating Bull and …