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 ...