Today, the UAE pledged US$200 million (AED735 million) to help climate resilience in vulnerable countries. The announcement, which came during the World Climate Action Summit (WCAS), follows up from a previous pledge of $200 million to support development in low-income countries earlier this year in Marrakech. The commitment comes in …
Read More »RAK Ruler receives Minister of Foreign Affairs and Worship of Costa Rica
H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received Dr. Arnoldo André, Minister of Foreign Affairs and Worship of Costa Rica, who is currently visiting the country. The Ruler of Ras Al Khaimah welcomed the minister and his accompanying delegation, and …
Read More »UAE President announces US$30 billion Global Climate Fund at opening of World Climate Action Summit
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today announced the establishment of a US$30 billion fund for global climate solutions. Designed to bridge the climate financing gap and facilitate affordable access, the fund aims to stimulate the raising and investment of US$250 billion by 2030. This was revealed …
Read More »UAE to cut additional 163,000 bpd starting January 1st through March 31st 2024
The United Arab Emirates will implement an additional voluntary cut of 163 thousand barrels per day starting 1st of January 2024 until the end of March 2024, in coordination with some OPEC+ participating countries. Therefore, the United Arab Emirates’ production will be 2,912 thousand barrels per day until the end …
Read More »UAE President and King Charles III witness launch of Business and Philanthropy Climate Forum at COP28
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty King Charles III of the United Kingdom of Great Britain and Northern Ireland witnessed the launch of the Business and Philanthropy Climate Forum as part of UN Climate Change Conference (COP28) events at Expo City Dubai. The forum …
Read More »UAE President meets with heads of delegations at COP28
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met individually with Santiago Peña, President of the Republic of Paraguay; Dr. Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia; and Ding Xuexiang, Special Envoy of the President of the People’s Republic of China, on the sidelines …
Read More »COP28 begins at Expo City Dubai shaping future of climate action
The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) kicked off today at the Expo City Dubai. The conference will continue until December 12. COP28 is the largest global climate event ever hosted by the UAE. There have been a record number of …
Read More »MoHRE notifies over 12,000 private companies to comply Emiratisation targets
The Ministry of Human Resources and Emiratisation (MoHRE) has notified over 12,000 private companies with 20-49 workers that Cabinet Resolution No. (33/5W) of 2023 regarding the expansion of Emiratisation targets will be in effect starting January 2024. Companies with 20-49 workers will be required to hire one UAE national in …
Read More »Sharjah Ruler receives Sultan Alneyadi, Hazzaa Almansoori
H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, in the presence of H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah, received on Thursday, Astronauts Sultan AlNeyadi, Hazzaa Almansoori and UAE Mission …
Read More »Drop in fuel prices for December 2023
Fuel prices for the month of December 2023: Super 98: Before: 3.03 AED/L After: 2.96 AED/L Special 95: Before: 2.92 AED/L After: 2.85 AED/L Diesel: Before: 3.42 AED/L After: 3.19 AED/L
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