Page 10 - Dubai

Pressure builds to cut fossil fuel use as oil exec takes over climate talks

Pressure to phase out fossil fuels mounted Thursday on the oil company chief who took over fragile international climate negotiations that opened in Dubai on Thursday in what some say are contradictory dual roles. United Nations and climate talks leaders might have relieved some of the pressure when negotiators unanimously approved much-fought over plans to launch and fund a program to compensate poorer nations hit by floods, storms, drought and other climate extremes. Several nations, led by host United Arab Emirates, immediately pledged more than $420 million for the fund, which took 30 years to approve. Leaders said they hope the quick win on a key financial issue would set a new tone for negotiations that had put the climate talks newly installed boss on the hot seat and not just because the planet keeps smashing heat records. Days before the United Nations Conference of Parties (COP28) began, meeting preparation notes were published that linked efforts by the United Arab Emirat

PM Narendra Modi arrives in Dubai to attend World Climate Action Summit

Prime Minister Narendra Modi Thursday called for supporting developing countries with adequate climate financing and technology transfer to enable them to deal with climate change as he arrived here to attend the World Climate Action Summit in the Gulf emirate. Before leaving Delhi, Modi said he was happy to see that this significant event is being held under the Presidency of the UAE, an important partner for India in the field of climate action. "In keeping with our civilizational ethos, India has always laid emphasis on climate action even as we pursue social and economic development," he said. "During our G20 presidency, climate was high on our priority. The New Delhi Leaders' Declaration includes numerous concrete steps on climate action and sustainable development. I look forward to the COP28 taking forward the consensus on these issues," Modi said in his departure statement. Modi will attend the World Climate Action Summit on Friday during the United Nations 'Conference of t

COP28 starts tomorrow: What to expect from UN's annual climate negotiations

Forming agreement over future of fossil fuels and who pays for climate damages on agenda

As Dubai prepares for COP28, some world leaders won't attend climate talks

Dubai prepared to host the COP28 climate talks on Tuesday as world leaders including US President Joe Biden signalled they would not be attending the negotiations that come during the ongoing Israel-Hamas war roiling the wider Middle East. Workers under a still-scorching November sun stapled up bunting and decorated Dubai Expo City's iconic Al Wasl Dome with trees and other green foliage ahead of the summit, scheduled to start Thursday in the United Arab Emirates. Armed United Nations police patrolled about half the area of Expo City where the delegates will debate, while the other half will host other climate events. Airport-style security screenings greeted those coming into both areas. The two-week meeting of international leaders aims to assess where the world stands when it comes to limiting emissions to slow global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) compared with pre-industrial times. Emirati officials said on Tuesday they expect over 70,000 attendees at t

US President Joe Biden to skip COP28 climate summit in Dubai: Report

The event is expected to be attended by King Charles III, Pope Francis, and leaders from nearly 200 countries, according to The New York Times

PM Modi will visit Dubai to attend World Climate Action Summit, says MEA

Prime Minister Narendra Modi will pay a two-day visit to Dubai this week to attend the World Climate Action Summit, the Ministry of External Affairs (MEA) announced on Sunday. It said Modi is visiting Dubai from November 30 to December 1 at the invitation of Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates and ruler of Abu Dhabi. The World Climate Action Summit is the high-level segment of the 28th Conference of Parties (COP-28) to the United Nations Framework Convention on Climate Change (UNFCCC). The COP-28 is being held in Dubai from November 28 to December 12 under the presidency of the UAE.

Climate concert in Dubai to highlight 'urgency of a planet in dissonance'

An upcoming climate concert, named Resonance, will bring together multiple voices from across the globe to raise awareness about the "urgency of a planet in dissonance - that must be healed for humanity". Hosted by San Francisco based non-profit BayEcotarium jointly with United Nations Convention to Combat Desertification (UNCCD), the musical event will take place on December 6 in Dubai Opera, during the United Nations COP28 Climate Summit scheduled to be held in UAE from November 30 - December 12. "Music transcends geopolitical and linguistic boundaries and is the soul of civil societies. The Climate Concert is the coming together of multiple voices from around the world during the historic UNCOP28, in solidarity with combating climate change. Aptly named Resonance- its intent is to bring awareness to the urgency of a planet in dissonance - that must be healed for humanity," George Jacob, president and CEO of BayEcotarium, told PTI. The event will see live performances by multiple

COP28 Business and Philanthropy Climate Forum to begin on Nov 30 in Dubai

The Forum, taking place from 1-2 December alongside the World Climate Action Summit, will convene over 1000 global Heads of State, Government and other stakeholders

Mark Mobius joins hedge fund elite planning Dubai investing venture

The 87-year-old money manager said he's busier than ever as he looks to set up a new venture in Dubai

Dubai to replace DXB airport with bigger one as passenger count improves

Dubai is planning to replace the world's busiest airport, Dubai International (DBX), with a bigger airport as passenger traffic recovers to surpass pre-pandemic levels

UAE leverages oil power to push secretive oil cos on emission cuts: Report

The effort, termed as the Global Decarbonisation Alliance, aims to make a significant impact at the COP28 negotiations starting on November 30 in Dubai

IGP enters Dubai market, expects Rs 80 crore revenue in 1.5 years

Online gifting platform IGP on Friday announced a foray into the Dubai market from where it expects to generate a revenue of USD 10 million, (Rs 80 crore) in the first 1.5 years, the company said on Friday. The company claims to have an annual revenue of USD 40 million, or about Rs 320 crore. "I am thrilled to announce our foray into the vibrant market of UAE. With an investment of USD 10 million and a dedicated team of over 100 professionals, we are set to transform gifting experiences in the region," IGP Founder and CEO, Tarun Joshi said in a statement. IGP is a global brand, our goal is to become the ultimate destination for flowers, cakes, and gifts, enriching the lives of millions in the UAE and, in the long term, across the entire Middle East," he said. The company has set up a warehouse of over 20,000 sq ft in Dubai. Joshi said he expects to generate revenue of USD 10 million in Dubai over a period of 18 months.

Fear of missing out grips global aviation as deal frenzy comes to Dubai

There's more to come. The Dubai Air Show kicks off next week, promising to send 2023 off with a flurry of orders for Airbus SE and Boeing Co

Arunachal inks MoU with Dubai company for export of fruits, vegetables

To promote export of agriculture and allied sector products from Arunachal Pradesh, the state Agriculture Marketing Board (APAMB) has inked a memorandum of understanding (MoU) with Dubai-based Lulu Hypermarket. The Mou was signed in New Delhi on Friday on the sidelines of the World Food India 2023 event, officials said here on Saturday. Chief Minister Pema Khandu expressed happiness over the agreement. Taking to X, Khandu said, "Delighted to share that Arunachal Pradesh Agriculture Marketing Board (APAMB) has signed a five-year MoU with Lulu Hypermarket LLC, Dubai, UAE, for supply of oranges and vegetables to Gulf countries." This agreement paves the way for supply of oranges and vegetables to Gulf countries, signifying an important milestone in agriculture and market linkage. The MoU shall provide opportunities to our farmers to further extend their market presence on a global scale and also make agriculture more lucrative for them, the chief minister said. "I extend my best wish

Congress must answer on links to Dubai: PM attacks Baghel after ED case

Speaking at a rally in Durg the Prime Minister alleged that Congress has never left any opportunity to loot the people of Chhattisgarh

ED attaches Rs 538 cr assets of Jet founder Goyal, others in London, Dubai

The Enforcement Directorate on Wednesday said it has attached in London, Dubai and India assets worth Rs 503 crore of Jet Airways founder Naresh Goyal, his family members and companies as part of a money laundering investigation linked to an alleged bank loan fraud. The attached properties include 17 residential flats, bungalows and commercial premises. Located in London, Dubai and various cities in India, these properties are in the name of various companies like Jetair Private Limited and Jet Enterprises Private Limited, Goyal, his wife Anita, and son Nivaan, the federal agency said in a statement. Goyal, 74, was arrested by the ED on September 1 and the agency filed a charge sheet against him on Tuesday before a special Prevention of Money Laundering Act (PMLA) court in Mumbai.

Moitra's parliamentary login ID used in Dubai when she was in India: BJP MP

Firing a fresh salvo at TMC MP Mahua Moitra, BJP's Lok Sabha member Nishikant Dubey on Saturday said she was in India when her parliamentary ID was used in Dubai and claimed that the National Informatics Centre (NIC) has disclosed the information to probe agencies. In a post on X in Hindi, the BJP leader said that "an MP pawned the country's security for some money." "The MP's ID was opened from Dubai when the so-called parliamentarian was in India. The entire Indian government, including the prime minister, finance department and central agencies, uses this NIC," the BJP MP said. "Does the Trinamool Congress (TMC) and the opposition still have to do politics?. People will take a decision. The NIC has given this information to probe agency," Dubey said but did not name the agency. In his post, Dubey did not directly name Moitra who he has accused of accepting bribes and favours for asking questions in Lok Sabha at the behest of businessman Darshan Hiranandani to target the Adani Gr

Immense possibilities of investment in U'khand: CM Dhami at Dubai summit

Dhami during his address spoke about the immense possibilities of investment in Uttarakhand, said the official statement

Uttarakhand CM signs MoUs worth Rs 5,450 cr with industry groups in Dubai

So far, investment MoUs worth Rs 5450 crore have been signed with various industry groups in Dubai in the presence of the Chief Minister

OYO launches 60% festive discount for Indian tourists visiting Dubai

OYO has a network of more than 130 properties including OYO Smart and OYO Homes in Dubai