Actions are necessary at all levels — government, private sector, as well as individual levels Over 70,000 delegates are convening at COP28 in Dubai, making this annual climate summit one of the largest since the first COP was held in Berlin in 1995. The first Global Stocktake (GST) at the event will provide a comprehensive …
COP28: Sustainable communities at the heart of climate action Read More »
Real gross domestic product climbed 3.2% to $60.9 billion in first six months of the year Dubai’s economy expanded an annual 3.2 per cent in the first half of 2023 to reach Dh223.8 billion ($60.9 billion), driven by 3.6 per cent growth in the second quarter of the year and solidifying the emirate’s position as a global …
Dubai’s economy grows 3.6% in second quarter of 2023 Read More »
The ‘Blue Pacific Prosperity’ initiative was unveiled on the side-lines of the UN climate talks in Dubai. It is made up focuses on three goals to protect the ocean, have healthy people and ensure finance is accessible. A major design of the initiative allows philanthropic organisations and the private sector to give money. The chief …
COP28: Pacific leaders launch ‘Blue Prosperity’ initiative in Dubai Read More »
DUBAI, United Arab Emirates–(BUSINESS WIRE)–Nov 29, 2023– Dubai Future Foundation announced today that 36 institutions from 17 countries have joined the existing four members of the Global Futures Society, the world’s largest global network of futurists. 36 representatives from institutions have joined the Global Futures Society Representatives of the international institutions participated in the Dubai Future …
Plan unveiled by Sheikh Mohammed bin Rashid is set to improve the quality of life in the city A comprehensive plan that lays out the future of Dubai’s sustainable urban development was launched by Sheikh Mohammed bin Rashid on Saturday. The Prime Minister and Ruler of Dubai unveiled the Dubai 2040 Urban Master Plan with …
Dubai 2040: everything you need to know about the Urban Master Plan Read More »
Despite Middle East consumers continuing to favor internal combustion engines (ICE) when buying new passenger vehicles, a new survey conducted by Bloomberg Intelligence (BI) has found that battery-electric vehicle (BEV) ownership is set to accelerate in this key Gulf Cooperation Council (GCC) city. BI’s inaugural auto-buying intentions survey, which canvassed consumers in Dubai ahead of …
Dubai Warm to Battery-Electric Vehicles With Growth Set to Overtake Europe Read More »
DUBAI, United Arab Emirates (AP) – Long-haul carrier Emirates opened the Dubai Air Show on Monday with a $52 billion purchase of Boeing Co. aircraft, showing how aviation has bounced back after the groundings of the coronavirus pandemic, even as Israel’s war with Hamas clouds regional security. Its low-cost sister airline, FlyDubai, followed up with an $11 …
Emirates opens Dubai Air Show with $52B Boeing purchase Read More »
British Prime Minister Rishi Sunak is expected to attend. VATICAN CITY, Nov 9 (Reuters) – Pope Francis will have nearly an entire day of bilateral meetings with world leaders attending the COP28 climate conference in Dubai next month, according to a programme released by the Vatican on Thursday. It will be the first time in …
In a first, pope to have day of private meetings with world leaders in Dubai Read More »
The Emirates Group has announced its best-ever six-month financial result. It reported a 2023-24 half-year net profit of US$2.7 billion, a 138 per cent increase over the US$ 1.2 billion it reported in the corresponding period last year. Group revenue stood at US$ 18.3 billion for the first six months of 2023-24, also up 20 …
Emirates Group reports record half-year net profit of US$2.7 billion Read More »
Bourse’s market capitalisation hit $190 billion at the end of the first nine months of this year The Dubai Financial Market reported an almost threefold jump in its third-quarter net income as trading value and the number of new investors rose. Profit attributable to shareholders for the three months to the end of September climbed to Dh74.06 …
DFM’s third-quarter income triples on trading value and new investor boost Read More »
