Growth in non-oil business activity in the United Arab Emirates eased in November from multi-year highs seen the previous month as new order growth slowed and business confidence weakened, a survey showed on Wednesday.
Dubai Extradites Hedge Fund Trader Shah to Danish Authorities
Sanjay Shah, a hedge-fund trader accused of masterminding a $1.9 billion tax fraud, has been extradited to Danish authorities just over a year after he was arrested in Dubai.
Sharjah Art Foundation’s annual film festival brings together 40 films
Director: Payal Kapadia. Sharjah Film Platform 5, Mirage City Cinema, 2022. Image courtesy of Sharjah Art Foundation. Image Credit: Shanavas Jamaluddin Sharjah Art Foundation announces the programme …
Abu Dhabi’s Masdar, Iberdrola to co-invest EUR15bn in clean energy projects
The partnership will see Masdar taking a stake of up to 49 per cent in Iberdrola’s 1.4GW UK East Anglia 3 offshore wind project.
Dubai Customs Nabs Smuggler With 8.9 Kilos Of Marijuana
However, Dubai Customs officers, equipped with extensive experience and advanced skills from regular training, uncovered the deception. The confiscated narcotics, along with the passenger were handed …
Cemex Unveiled the First Fully Electric Ready-Mix Truck in the Middle East During COP28 in Dubai
This week, during COP28 in Dubai, Cemex unveiled the first fully electric, zero-emissions ready-mix truck in the Middle East. The truck is fully opera …
Penthouse sells for record-breaking $136M in Dubai — and it isn’t even built
In Dubai, a profoundly opulent domicile has just sold for slightly more than $136 million, the most expensive price ever paid for a penthouse there, according to CNN. (The now-smashed former record was set earlier this year, when a floor-through unit at …
Fossil fuel debate takes centre stage as COP28 continues in UAE
The debate about the necessity to phase out fossil fuels continued at the COP28 climate summit in Dubai following the emergence yesterday of a recording of a heated exchange between Chair of the Elders Mary Robinson and President of COP28 Sultan Ahmed Al-Jaber.
UAE invests in UK’s struggling wind farm market
The United Arab Emirates has snapped up a 49pc stake in one of the UK’s largest wind farms despite soaring costs throwing the industry’s future into doubt. Masdar, a company controlled by the Gulf …
Dubai attracts 101 digital startups as city becomes hub for tech companies
Dubai Chamber of Digital Economy has revealed that it attracted 101 innovative digital startups to the emirate during the first nine-months of the year. The achievement came as part of the chamber’s …
Dubai show orders nudge Airbus net total towards 1,400
Emirates’ order for 15 Airbus A350-900s and Air Baltic’s firming of 30 more A220-300s, both revealed at the Dubai air show, helped lift the airframer’s November activity. Airbus also separately …
Leading News Outlets Are Doing the Fossil Fuel Industry’s Greenwashing
Seven of the world’s “most trusted” media companies produce and promote content touting the key talking points of oil and gas.
Putin to visit UAE as West fears it has become sanctions-busting hub for Russian oil and money
Vladimir Putin will travel to the United Arab Emirates on Wednesday amid concern in the West that it has become a sanctions-busting hub for Russian oil and money.
CO28 president hits back at climate denial claims
The president of the ongoing UN climate talks Sultan al-Jaber has hit back at claims that he denies a core part of climate science. It follows comments he made at an event in November that there was “no science” behind the global aim of limiting temperature rise to 1.
BEEAH highlights Sharjah’s zero-carbon footprint at COP28
BEEAH, the Middle East’s sustainability and digitalisation pioneer, made a worldwide impression during the COP28 summit at the Dubai Expo by announcing the opening of the world’s first waste-to-green …
Battle for runners-up spot heats up in Sharjah
The competition for the runner-up position in the Grand Prix of Sharjah, the final round of the 22nd edition of the UIM F1H2O World Championship, is heating up. Held under the patronage of His …
UAE to slash 93% of industrial carbon emissions by 2050
The UAE will cut industrial carbon emissions by 93 per cent by 2050, according to ambitious new targets. At COP28 the UAE announced the launch of the Industrial Decarbonization Roadmap with the aim of …