City Dubai Financial News
11.12 / 16:43
2024
place
IPL 2024: Player auction to take place in Dubai on December 19, BCCI unveils roster
ALSO READ: Glenn Maxwell says, ‘IPL will probably be the last tournament I ever play’, explains why BCCI Secretary Jay Shah said a maximum of 77 slots are now available with up to 30 being slotted for overseas players. Also, ₹2 crore is the highest reserve price with 23 players choosing to be slotted in the highest bracket, while 13 players are in the auction list with a base price of ₹1.5 crore.
11.12 / 15:47
UN
ESG
ESG Trends
COP28
COP28: Draft agreement calls for reduction in 'consumption and production of fossil fuels'
China climate envoy Xie Zhenhua heads to bilateral meeting earlier today | Credit: UNFCCC
11.12 / 13:53
11.12 / 08:57
Aviat
CEO
Platform
President
Biogen
Keppel and AM Green to explore sustainable fuel production in South-east Asia, Middle East
Keppel Corporation’s infrastructure division and AM Green, which is wholly owned by the founders of Hyderabad-based Greenko, have decided to jointly explore opportunities in producing biogenic carbon-based sustainable fuels in South-east Asia and the Middle East. These sustainable fuels can serve as an environmentally sustainable alternative to fossil fuels to support the decarbonisation of heavy industrial operations and the aviation sector. The companies estimate that these two regions can harness and aggregate at least a million tonnes of biogenic carbon dioxide per year.
11.12 / 08:15
Citi
Target
Waters
President
cover
innovations
2020
On COP28 sidelines, Emirati 'green city' falls short of ambitions, still has lessons
A bold, innovative project begun nearly a generation ago to erect a “green-city” in the United Arab Emirates has run into realities and largely missed its mark
11.12 / 08:13
Aviat
Manufacturing
Experts
country
hospital
2020
reports
What is carbon capture and why does it keep coming up at COP28?
The future of fossil fuels that are warming the planet are at the core of negotiations at the United Nations climate summit in Dubai
11.12 / 08:13
Action
Fighting
Experts
country
Inside
reports
guidelines
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
This year’s global climate summit in Dubai set aside Sunday to spotlight food and agriculture, a sector that accounts for about a third of the world’s emission
10.12 / 06:03
Provident
Fighting
Injustice
Bill
country
reports
week
Top news this week: Mahua Moitra expulsion, Karni Sena chief murder, Cyclone Michaung and more
Jammu & Kashmir Reservation (Amendment) Bill, 2023, and the Jammu and Kashmir Reorganisation (Amendment) Bill, 2023, have been passed in the Lok Sabha on Wednesday. These bills, according to Union Minister Amit Shah, aim to address historical injustices and restore rights to those who were deprived of them in the Union Territory.
09.12 / 19:57
India has adopted a holistic approach towards conservation: Environment min at COP28
conservation for which it has not just focused on reducing emissions to tackle temperature rise, but are also working towards arresting land degradation, accelerating ecosystem restoration and enriching biodiversity, Environment minister Bhupender Yadav said on Saturday during global climate talks COP28. Delivering a statement at the Mangrove Alliance for Climate Ministerial Meeting during COP28 in Dubai, he talked about the Mangrove Initiative for Shoreline Habitats and Tangible Incomes (MISHTI), unveiled in the 2023-24 budget, focuses on mangrove plantations along coastlines and salt pans.
09.12 / 17:57
Provident
Target
Progressive
Gap
country
cover
No COP28 consensus yet on climate change goals
DUBAI: Lack of progress on designing a framework for a global goal on adaptation, or measures taken by countries to live with and become more resilient to adverse impacts of climate change, could derail a successful conclusion to the COP28 climate talks. While emission reduction or mitigation has clear goals-the temperature target of well below 2C and pursuing efforts to limit the temperature increase to 1.5C, there are no comparable targets for adapting to impacts of climate change. The 2015 Paris Agreement addresses this gap through the decision to put in place a global goal that mirrors that for mitigation. Over 8 workshops and two years countries have been working to develop this framework, which countries are expected to agree to in Dubai.
09.12 / 14:39
Reuters
Exodus
President
country
gatherings
Azerbaijan wins regional backing to host COP29 climate summit
during the COP28 summit in Dubai, unblocking a geopolitical deadlock over the next global gathering to address climate change. Two sources familiar with the discussions told Reuters countries in the regional group formally backed Azerbaijan's bid in a meeting on Saturday afternoon. ALSO READ: COP28: OPEC's 'leaked letter' leaves France, Spain 'stunned' and 'disgusted' | Here's why "We're very grateful to all countries in particular to the Eastern European group and the [COP28 summit] host United Arab Emirates for their support," the country's ecology minister Mukhtar Babayev told the COP28 summit.
09.12 / 13:29
Target
Fighting
economy
Occidental
President
country
stake
Future of Fossil Fuels at Stake in Homestretch of Climate Talks
DUBAI—Fossil-fuel producers are fighting an existential battle here in the final stretch of the United Nations climate conference against countries that want to end the burning of coal, oil and natural gas. Europe and a handful of nations on the front lines of climate change are demanding that a final agreement at the conference, known as COP28, include a phase out of fossil fuels.
09.12 / 13:15
Cooper
Action
Fighting
country
China protests calls to include Taiwan in climate talks
China on Saturday lodged a protest after calls at the UN climate talks in Dubai to include Taiwan, the self-governing democracy claimed by Beijing. Two of the dwindling number of countries that recognise Taiwan — Guatemala and the tiny Pacific island of Nauru — both hailed support from Taipei in addresses at the COP28 conference.
09.12 / 11:21
Target
BLOCK
Reuters
Cooper
President
country
reports
COP28: OPEC's 'leaked letter' leaves France, Spain 'stunned' and 'disgusted' | Here's why
OPEC drew flak after it allegedly urged its group members to block any phase-out or phase-down in the final deal, Reuters and the Associated Press reported. According to reports, OPEC Secretary General Haitham Al Ghais sent a letter to the group's 13 members and 10 Russian-led allies on Wednesday. In the letter, Ghais urged the group to "proactively reject any text or formula that targets energy i.e.
09.12 / 11:19
Discover
Instagram
hospital
reports
Influencer
Insta influencer commits suicide after putting up obituary post
Ajmal Shereef, from Aluva in Kerala, tragically died by suicide after sharing an obituary post for himself on his Instagram page. His body was discovered hanging in his house around 6:30 PM on Friday, Press Trust of India reported, citing police.
09.12 / 05:47
Target
Progressive
Action
Experts
band
country
reports
As UN climate talks near crunch time, activists plan 'day of action' to press negotiators
Global Day of Action" with events at United Nations-led talks in Dubai and around the world. If activists needed any additional energy, they may have gotten it with reports that OPEC's chief had urged its oil-producing members to reject any agreement that targets fossil fuels for a speedy phase-out. It's the central issue as talks head into their final days, as activists and experts have warned that the world must quickly reduce use of the oil, gas and coal that is causing dangerous warming. Mohamed Adow, director of Power Shift Africa, called the Dec.
08.12 / 17:51
Action
Fighting
Faith and climate
UN Framework Convention on Climate Change, at its current meet COP28 in Dubai, is including the appeal signed by representative of world religions, calling for political leaders to take meaningful action to respond to the urgent crisis of climate change. The faith pavilion at COP28 includes faith-based organisations (FBOs) and religious leaders or their representatives, to convey the message that religious and spiritual communities and their green practices are vital to strengthen the fight against climate change, and to help achieve the UN's Sustainable Development Goals. The UN Environment Programme launched the Faith for Earth Coalition with the Interfaith Coordination Group on Climate Change to promote action at COP28. Any statement of intent is a good starting point that can lead up to affirmative action according to principles laid down by FBOs and spiritual leaders who promote ways to heal the environment.
08.12 / 15:53
FIVE
Strategy
economy
Parke
Ex-Barclays trader leaves Singapore to start hedge fund office in Dubai
Sanchit Jain, Barclays' former head of emerging market options trading in Singapore, is leaving.
08.12 / 15:53
Citizens
Exodus
Bill
love
performer
"I'm a 35 year-old trader in Singapore. I can't afford a good life"
London bankers may be struggling to pay their bills, even on managing director salaries, but they're not the only people in financial services who are finding the lifestyle they'd imagined is out of reach.
08.12 / 12:55
08.12 / 03:45
economy
Align
President
country
reports
Maldives have gone from a beach resort to a worry spot for India
Narendra Modi and President Muizzu recently met in Dubai along the sidelines of CoP-28 and reportedly agreed to set up a “core group" on ties that would also look into the matter of troop withdrawal. The stakes have clearly risen.
latest developments in city Dubai
What is the current situation in city Dubai?
In city Dubai, the spotlight is on socially significant developments that affect the region’s daily life.
Where can I find reliable news about city Dubai?
We publish in-depth coverage about the situation in city Dubai, based on information from trusted sources.
What shapes the media agenda in city Dubai?
The news landscape of city Dubai is shaped by the region’s internal dynamics, reflecting its specific characteristics.