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DUBAI / WAM The highest climate ambition means more jobs, stronger economies, stronger economic growth, less pollution, better health, said Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC). In a statement to journalists at the UN Climate Change Conference (COP28), Stiell said, “Negotiators have a chance, right here in Dubai over the next 24 ...

DUBAI/ WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court, has toured COP28 UAE’s Green Zone. Sheikh Theyab visited the Youth Hub, the Energy Transition Hub and House of Sustainability, and was briefed on global solutions for limiting carbon emissions and their impact on the ...

DUBAI / WAM The UAE Media Council took part in the 6th China-Arab States Broadcasting and Television Cooperation Forum, which was held in Hangzhou, the capital of east China’s Zhejiang Province. The event was organised in collaboration between the Secretariat General of the Arab League and the National Radio and Television Administration (NRTA) of China, with the participation of ministers ...

ABU DHABI / WAM Noura bint Mohammed Al Kaabi, Minister of State, participated via videoconference in a follow-up meeting to the Conference for the Civilian Population in Gaza that was held by French President Emmanuel Macron, and attended by several heads of state and governments to explore the pressing conditions of the Palestinians in the Gaza Strip and meet their ...

ABU DHABI / GULF TIME Kohler Co., founded in 1873, has forged a legacy of creating industry-transforming innovations for kitchen and bath spaces, energy resiliency products, luxury hospitality experiences, and major championship golf. Creativity and leading-edge design are the heart and soul of the KOHLER brand ethos and mission of gracious living. With a sense of pride, Kitchen & Bath ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has signed a memorandum of understanding with X-energy, a leading American developer of advanced small modular nuclear reactors and fuel design engineering company, to collaborate on the advancement of nuclear energy technologies. The memorandum of understanding was signed at COP28 and comes in line with Enec’s recently announced ADVANCE Programme. ...

BLOOMBERG Global equities posted modest moves at the start of a busy week of economic data and central bank meetings that will test optimism among investors that interest rates will soon head lower. The yen extended its losses to 1% after Bloomberg News reported that Bank of Japan officials see little need to rush into scrapping the world’s last negative ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued Law No (25) of 2023 establishing the Dubai Investment Fund as an independent public entity operating on a commercial basis. The Law also endows the Fund with the financial and administrative independence to pursue its ...

BLOOMBERG The Philippine peso has outperformed its Asian peers this year and a seasonal pick-up in overseas remittances ahead of Christmas will likely extend the gains. Remittances are a key pillar of the nation’s economy, which typically receives the highest cash transfers in the last month of the year as workers send money home for holiday spending. The inflows have ...

DUBAI/WAM Dubai’s development vision is defined as much by its quest for futuristic technologies as it is by its focus on preserving its rich heritage and natural ecosystems. The importance accorded to wildlife habitats and endangered species is a prime example of Dubai’s commitment to environmental responsibility and sustainable practices. Protected areas for wildlife conservation in Dubai have flourished amid ...