Against that backdrop, the UAE has been keen to encourage finance and business more broadly to commit more money to the climate fight and was expected to open its own chequebook throughout the two-week UN climate summit.
U.S. to impose visa bans soon on Israeli extremist settlers for West Bank violence
The Biden administration has informed Israel that Washington will impose visa bans in the next few weeks on Israeli extremist settlers engaged in violence against Palestinian civilians in the occupied …
World Bank increases climate spending to 45%
The World Bank on Friday said it will increase the amount it spends annually on climate-related projects to 45% of its financing over 2024 to 2025, up from 35% now, as part of a policy overhaul to …
Abu Dhabi healthcare platform seeks to raise 3.62 bln dirhams from IPO
DUBAI, Dec 1 (Reuters) – Abu Dhabi’s PureHealth Holding, owned by sovereign wealth fund ADQ and one of the capital’s biggest conglomerates, on Friday said it plans to raise 3.62 billion dirhams ($985.81 million) from the sale of a 10% stake through a …
UK to probe of UAE-backed takeover of Telegraph
The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment
Etisalat by e& Debuts Managed SDWAN Services in Partnership With Versa, VeloCloud, Fortinet
etisalat by e& has announced that, in partnership with Versa Networks, VeloCloud, and Fortinet, it will be introducing a suite of managed SDWAN (Software-Defined Wide Area Network) services for its …
Global Metaverse Leaders Emerge: Seoul, Dubai, and Santa Monica spearhead WEF report’s list
The World Economic Forum (WEF) has identified Seoul, Dubai, and Santa Monica as the leading cities in the growing metaverse sector, as per a report by technology intelligence firm ABI Research. The …
‘Brand Dubai’: how the city-state is using Cop28 climate talks to build influence
Dubai’s dwindling oil reserves forced it to reorient its economy towards an empire built on tax-free trading, attracting merchants and commodities traders from across the world, including plenty of …
Revealed: Man rides electric motorcycle from Nairobi to Dubai for COP28 UAE
The initiative is a move to amplify the conversation around sustainable mobility, the exact motorcycle will be on display at the summit for visitors to see …
UAE launches groundbreaking Cop28 Business and Philanthropy Climate Forum
The Cop28 presidency of the United Arab Emirates has introduced the first-ever Cop28 Business and Philanthropy Climate Forum at the UNFCCC Conference of the Parties, gathering more than 1,000 chief …
Sharjah Human Resources celebrate 52nd Union Day
Sharjah24: His Excellency Engineer Omar Khalfan bin Huraimel Al Shamsi, Chairman of Sharjah Directorate of Human Resources, expressed warm congratulations and best wishes to the esteemed leadership on …
King Charles to say ‘hope of the world’ rests on COP28, UAE announces $30bn green fund
King Charles III will use his opening address to delegates at the COP28 climate summit in Dubai on Friday to tell world leaders climate warning signs are being ignored.
Cop28 – UAE president announces $30 billion fund to bridge climate finance gap
DUBAI (Reuters) – United Arab Emirates President Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30 billion climate fund for global climate solutions. The fund is designed to …
UAE petrol prices; MBC IPO price; New Emiratisation rules– 5 trending stories to read today
Companies with between 20 and 49 workers will be required to hire one UAE national in 2024 and another one in 2025. MBC Group has announced the price range for its initial public offering (IPO) as …
Cop28 – UAE president announces $30 bln fund to bridge climate finance gap
United Arab Emirates President Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30 billion climate fund for global climate solutions. The fund is designed to bridge climate …
Dubai to light up with dancing drones, lights show during shopping festival
From drone shows to glowing installations, Dubai will light up when its shopping festival begins on December 8. The Dubai Shopping Festival (DSF) will, of course, feature promotions, retail deals and …
An oil exec, a climate crisis, and reparations: what’s going down at the United Nations summit in Dubai
World leaders will debate a possible phase-out of fossil fuels during a United Nations climate conference in Dubai from November 30th to December 12th. With an oil baron presiding over the summit, the negotiations are sure to get heated.