Tag : COP28

World Bank targets $10 billion climate aid for MENA by 2025
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World Bank targets $10 billion climate aid for MENA by 2025

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The World Bank has announced an ambitious plan to escalate climate financing in the Middle East and North Africa (MENA) region, aiming to allocate $10 billion by 2025. This commitment was confirmed by Meskerem Brhane,...
Innovative construction solutions unveiled at Dubai’s Big 5 Global
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Innovative construction solutions unveiled at Dubai’s Big 5 Global

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Dubai has once again cemented its status as a global hub for innovation and sustainability with the launch of the 44th edition of Big 5 Global, the most influential construction industry event in the Middle...
$9 billion boost from Global Fund for climate-impacted health systems
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$9 billion boost from Global Fund for climate-impacted health systems

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In a significant move at the COP28 summit, the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) announced a major redirection of its resources. Over the next three years, the organization will allocate...
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
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Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

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In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year. The decision, led by Saudi Arabia’s commitment to maintain its...
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UAE and Mongolia strengthen ties with strategic agreements in Abu Dhabi

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In a landmark meeting at Qasr Al Bahr, UAE President Sheikh Mohamed bin Zayed Al Nahyan received Mongolian President Ukhnaa Khurelsukh, who is on a working visit to the Emirates. The two leaders discussed various...
Maritime's green future priced at $28 billion annually until 2050 by UNCTAD
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Maritime’s green future priced at $28 billion annually until 2050 by UNCTAD

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The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm for a swift and inclusive shift towards a green maritime industry. Launched on the eve of World Maritime Day, UNCTAD’s Review of...