COP28: UN climate event mobilizes over $57bn in first four days

DUBAI: As Gender Day was observed on Dec. 4 at the 2023 UN Climate Change Conference in Dubai, female participants advocated for increased awareness regarding climate change’s acute impact on women, especially in the developing world. Despite the extensive ongoing discussions surrounding the topic, numerous female participants expressed dissatisfaction, asserting that akin to various other … Read more

US pledges $3 billion for Green Climate Fund at COP28

Experts laud Saudi private sector’s efforts in advancing sustainable development DUBAI: Experts on Sunday highlighted the positive role the private sector is playing in advancing sustainable development in Saudi Arabia. The progressive picture emerged through a series of panel discussions held at the Saudi Pavilion on the fourth day of the 2023 UN Climate Change … Read more

African nations seek fair climate financing at COP28

Startup Wrap – Saudi Arabia’s venture landscape receives influx of expanding startups CAIRO: Saudi Arabia’s entrepreneurial space is getting bigger with more startups raising funding and others expanding into the Kingdom. On the funding announcement front, Saudi-based business-to-business e-commerce startup Retailo has successfully raised $15 million in a new equity funding round, drawing the attention … Read more

COP28: 50 oil and gas companies sign charter to accelerate climate action in industrial sector

DUBAI: The US should participate, rather than being a “loud opponent,” in carbon pricing, urged the director of the International Monetary Fund.Addressing the Business and Philanthropy Climate Forum alongside the UN Climate Conference, Kristalina Georgieva affirmed that the US must not hinder the world from “moving in the right direction.” Instead, the country should explore … Read more

Malaysia says COP28 should address ‘devastating’ climate toll of Israel’s onslaught on Gaza

DUBAI: The ongoing COP28 summit should address the climate and environmental impact of Israel’s onslaught on Gaza, Malaysia’s environment minister said on Saturday. Political and business leaders from nearly 200 countries are gathered in Dubai this week for the UN’s annual meeting, which aims to address some of the most pressing points related to global … Read more

COP28: Second day of leaders’ summit at UN climate talks

DUBAI: Leaders of developing nations jumped into Saturday’s second day of a UN climate summit to press rich industrial countries to share their know-how to fight global warming and ease the financial burdens they face — while trumpeting their own natural resources that swallow heat-trapping carbon in the air. The annual United Nations Conference of … Read more

Climate transition must be more holistic, says Bill Gates

DUBAI: Leaders of developing nations jumped into Saturday’s second-day of a UN climate summit to press rich industrial countries to share their knowhow to fight global warming and ease the financial burdens they face — while trumpeting their own natural resources that swallow heat-trapping carbon in the air. The annual United Nations Conference of the … Read more

Climate change is a sickness only global leaders can cure, UN chief tells COP28

DUBAI: Climate change is a sickness only global leaders can cure with policy changes and effective actions, UN Secretary-General António Guterres has asserted. Addressing the world leaders at the UN Climate Change Conference, COP28, in Dubai he highlighted the Earth’s challenging times, marked by unprecedented emissions, wildfires, and droughts, culminating in 2023 being the hottest year … Read more

Turkiye’s Erdogan offers to host UN climate talks in 2026

DUBAI: More than 130 world leaders take centerstage as they address the United Nations climate conference in Dubai over the next two days to deliver national statements. The high-level segment of COP28 would hear from heads of states and governments, including UAE President Sheikh Mohamed Bin Zayed Al-Nahyan, Egyptian President Abdel Fattah El-Sisi, Jordan’s King … Read more

Sheikh Mohamed bin Zayed Al-Nahyan, King Charles III open COP28 Business and Philanthropy Climate Forum

Huawei summit builds bridge for business growth in Middle East and Africa for global partners The HDC·Together Huawei MEA Ecosystem Summit, held in Dubai, showcased a seamless fusion of collaboration and innovation. The first day of the exclusive event was on Nov. 27 at the illustrious Dubai Opera. It brought together Huawei Ecosystem partners from … Read more