Nearly 65% of adults in the Arab region remain excluded from formal financial systems, according to a new report by the United Nations Economic and Social Commission for Western Asia (ESCWA). The Annual SDG Review 2025 paints a sobering picture of persistent financial exclusion that is undermining the region’s ability …
Global planemaker Airbus joined a chorus of concern that a European scheme to charge airlines for carbon emissions risks triggering a full-blown trade war, with implications for plane deals and even Europe's crippling sovereign debt crisis. The EU's Emissions Trading Scheme (ETS), introduced on January 1, has drawn howls of …
Talk of a Middle Eastern green energy boom is likely to prove no more than a mirage with little hope of the region saving clean technology companies from the shrinking project pools of Europe. Instead India, China and Latin America offer some hope for green energy companies struggling in a …
Thirteen drug companies, the governments of the United States, Britain and the United Arab Emirates, the World Bank, the Bill and Melinda Gates Foundation, the Lions Club and other smaller charitable organizations on Monday announced a joint effort to tackle 10 neglected tropical diseases in a coordinated fashion. The diseases, …
After Nyamgiri forests of Orissa, it is now the turn of north coastal tribal belt of Andhra Pradesh to emerge as a new battleground to stage mass protests against the proposed bauxite mining in the region. The situation has turned volatile with the Maoists entering the scene and stepping up …
The ambitious $10-billion project to connect Gulf nations through a modern rail network, stretching over 2,000 km, is expected to become operational by 2018, with authorities working to ensure that construction starts on it by 2014. Authorities across the Gulf Cooperation Council (GCC) want the project to provide cost-effective means …
Gulf Cooperation Council (GCC) countries are set to spend around $54 billion in the near future to increase the capacity of their electricity networks by 32,000 MW, a new report has said. The report issued by the Kuwait Financial Centre (Markaz) indicates that the GCC states — namely Oman, Qatar, …
The UAE has the potential to invest up to $76 billion in projects to develop its hydrocarbon sector over the next five years to become the second largest Arab energy investor after Saudi Arabia, overtaking Iran, a news report has said. Official estimates showed energy capital investments in the Middle …
Oil prices rallied more than $3 a barrel on Wednesday, recovering all the losses triggered by last week’s decision by rich consuming nations to release strategic oil stocks. Brent crude, the global benchmark, jumped to a peak of $112.48 a barrel, the highest since last Thursday, when the International Energy …
Asks the State Government to withdraw its objections to UNESCO World Heritage site tag for Western Ghats From rock carvings in Mongolia to the Sangha forests of Congo, from ancient German beech woods to the oases of the United Arab Emirates, the nations of the world are vying this week …
Abu Dhabi will begin to pay grants of up to around $30,000 per year to farmers to refrain from water-intensive cultivation in the Gulf emirate, its food control authority said on Monday. The conditions tied to the disbursal of government assistance will raise the bar on farming practices in the …
Scientists claim to have achieved a breakthrough by generating a series of downpours in the deserts of the United Arab Emirates using a new tech nology which is designed to control the weather. A team, employed by the ruler of Abu Dhabi and Pres ident of the UAE, Sheikh Khalifa …
Indo-UAE friendship got a new colour today with Indian President Pratibha Devisingh Patil urging industrialists from the two countries to partner in the initiative to
Twenty years ago, divers in Dubai could swim through coral gardens teeming with brightly-colored fish and sea turtles. Today, says marine biologist Tom Goreau, dead reefs stand like gravestones for an underwater ghost town. In the United Arab Emirates, some of the world's glitziest building projects, such as the opulent …
The Arab world will be one of the regions worst hit by climate change but still lacks any coordinated response to its potentially devastating effects, experts said at a conference this week. With hotter, drier and less predictable climates, the amount of water running into the region's streams and rivers …
A study on healthcare infrastructure by the Federation of Indian Chambers of Commerce and Industry (Ficci) and Hosmac, a healthcare consultant, has shockingly revealed that India does not even have a single hospital bed to cater to 1,000 people. India barely has 0.9 bed per 1,000 people. According to the …
Express News Service Thoothukudi, August 4 THE Directorate of Revenue Intelligence (DRI) officials seized electronic waste that arrived from Dubai, here on Wednesday. Additional Director General of DRI, Chennai, C Rajan, told reporters that based on intelligence inputs that e-wastes were being imported in the form of used computers and …
While the commercial and banking centre Dubai finds itself dealing with the aftermath of the economic crisis, the conservative neighbour Abu Dhabi is already pursuing ambitious targets-but the climate conditions in the desert states are not always ideal for the utilization of renewable energies.
Abu Dhabi will prepare a model for mitigation measures in two weeks so as to reduce carbon emission as per the agreement signed during the UN Conference on climate change held in December last year. The government has decided to form a committee to study the outcome of the 15th …
