Arabian Post Staff Abu Dhabi Commercial Bank has signed an agreement to divest 80% stake in its wholly owned property management subsidiary Abu Dhabi Commercial Properties to Nine Yards Plus Holding, a real estate subsidiary of EIH Ethmar International Holding. The transaction values Abu Dhabi Commercial Properties at AED 591 million and the bank will register a gain of approximately AED 490 million subject to closing conditions […]
NEW DELHI: The 28th Conference of the Parties of the United Nations (UN) Framework Convention on Climate Change (COP28), hosted by oil exporter United Arab Emirates (UAE), adopted the idea of “transitioning away from fossil fuel” in the final decision text, marking the first instance of such a decision in the three decades of COP’s […]
The post COP28 Nations Agree To ‘Transition Away’ From Fossil Fuels first appeared on Latest India news, analysis and reports on IPA Newspack.
Tabreed, the world’s leading district cooling company, announced the successful closure of its inaugural AED 600 million Green Revolving Credit Facility (RCF) in partnership with First Abu Dhabi Bank (FAB) as the Green Coordinator, alongside Abu Dhabi Commercial Bank (ADCB), and Emirates NBD. This groundbreaking financing agreement, spanning five years, aligns seamlessly with Tabreed’s overarching sustainability strategy. The facility is designed to introduce highly efficient cooling solutions […]
By K Raveendran It is no surprise that COP28 Dubai has proceeded the way it has. As member countries grappled with how to formalise and approach towards the most sensitive issue of fossil fuels, the climate summit had to be extended to try and work out a consensus. According to latest reports emerging the vibrant […]
The post COP28 May Have Avoided A Showdown, But Conflict Points Remain Largely Unresolved first appeared on Latest India news, analysis and reports on IPA Newspack.
In the United Arab Emirates (UAE), online trading has become an increasingly popular avenue for both local and international investors. The growth of this sector is underpinned by robust regulatory frameworks and the emergence of diverse trading opportunities. Understanding the nuances of online trading in UAE is essential for anyone looking to navigate this dynamic market. The Landscape of Online Trading in the UAE The UAE has […]
James M Dorsey The United Arab Emirates walks a geopolitical tightrope, juggling big power rivalries and mounting regional instability fuelled by the Gaza war. Putin’s movements beyond the confines of Russia are restricted. Signatories of the Rome Statute that established the International Criminal Court are obliged to arrest Putin against whom the court has issued a Ukraine-related international arrest warrant. Visiting the UAE and Saudi Arabia was a […]
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources to develop a 1 gigawatt (GW) wind project with a battery energy storage system (BESS), and a memorandum to explore the feasibility of establishing a green hydrogen plant. The agreements with the Ministry were signed at COP28 by Masdar […]
Exxon Mobil Corp. and Saudi Arabia’s Aramco, the world’s largest private and state-sector oil companies, led a pledge by 50 oil and gas producers at the COP28 climate summit to cut emissions from their own operations. The deal is controversial given none of the companies are agreeing to reduce oil and gas production. But they […]
The post COP28 Climate Summit 2023: Exxon, Aramco Lead Emissions Cut Pledge first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff Abu Dhabi Future Energy Company Masdar has agreed to advance the development of 10GW of clean energy projects in Malaysia. The implementation roadmap, signed with the Malaysian Investment Development Authority (MIDA) to develop up to 10GW of renewable energy projects, including ground mounted, rooftop and floating solar power plants, onshore wind farms and battery energy storage systems, follows the signing of a memorandum of […]
By Dr. Gyan Pathak UN Climate Change Conference – United Arab Emirates (November 30 – December 12, 2023), popularly known as COP28, has begun with first major milestone on the day-one, by delivering a historic agreement that made the Fund operational, which was agreed upon during COP27 last year. The agreement was reached by parties […]
The post COP28 Has Begun With First Major Milestone Generating Great Hope first appeared on Latest India news, analysis and reports on IPA Newspack.
Your credit score, a crucial three-digit number, is central to your financial credibility in the UAE. Whether applying for a personal loan or seeking a new credit card, your credit score, as rated by Al Etihad Credit Bureau (AECB), plays a key role. But how does your credit card usage impact this score? Let’s unravel this. Key Factors of Credit Scores Influenced by Credit Card Usage Payment […]
Arabian Post Staff Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in Europe, the Middle East and Africa, unveiled revised growth targets that will see the group accelerate the development of new power and water generation assets. Building upon its 2021 growth strategy, the revised growth targets see Taqa aiming for 150 gigawatts (GW) of gross power generation by 2030, up from […]
NEW DELHI: India is framing a national policy to transform its airports into major international hubs that will offer single-point international connectivity to the South Asian region. The policy, which will need cabinet nod, aims to frame laws for easing security and immigration bottlenecks at airports, allocation of international flying rights and building necessary infrastructure […]
The post Policy Soon To Make Airports Transit Hubs For South Asia first appeared on Latest India news, analysis and reports on IPA Newspack.
Jadd Elliot Dib The United Arab Emirates (UAE), the host of COP28 2023 is renowned for its astounding urban development projects, where cities like Dubai and Abu Dhabi continuously push the boundaries of avant-gardism and innovation. However, this rapid urbanisation also presents challenges in terms of climate change and sustainability. To tackle this, it is important to routine data-driven insights as a tool to promote climate solutions. […]
By James M Dorsey Israel’s options are central to discussions about the day after the guns fall silent in Gaza. Absent from the debate is what Palestinians want. Also absent is any discussion of funding for Gaza’s reconstruction, although the assumption is that oil-rich Gulf states will step up to the plate. The significance of […]
The post Israel In Gaza: Only Limited Options Available When The Guns Fall Silent first appeared on Latest India news, analysis and reports on IPA Newspack.
