DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has congratulated Professor Yacine Aït-Sahalia, Professor of Finance and Economics at Princeton University, for winning the Great Arab Minds Award in Economics for 2024. His Highness Sheikh Mohammed praised Professor Yacine Aït-Sahalia for his pioneering contributions to financial econometrics, …

GENEVA/WAM The year 2024 is set to be the warmest on record, capping a decade of unprecedented heat fuelled by human activities, according to the World Meteorological Organisation (WMO). In a report published on Monday, WMO said that Greenhouse gas levels continue to grow to record observed highs, locking in even more heat for the future. WMO added that it …

DUBAI/WAM The General Civil Aviation Authority (GCAA) has launched the region’s first digital platform dedicated to implementing the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). CORSIA, a global scheme adopted by the International Civil Aviation Organisation (ICAO) under its General Assembly resolution in 2016, was implemented starting in 2019. This digital platform plays a pivotal role in implementing …