United Arab Emirates

Bill Gates warns the world is likely to overshoot 2 degrees of warming
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Bill Gates warns the world is likely to overshoot 2 degrees of warming

Invoice Gates arrives for a press convention to launch the World Polio Eradication Initiative on the European Fee’s Berlaymont headquarters in Brussels on October 11, 2023. Simon Wohlfahrt | Afp | Getty Photos Dubai, UNITED ARAB EMIRATES — Billionaire philanthropist Invoice Gates on Friday mentioned the world is prone to overshoot a crucial temperature threshold … Read more

Oil prices set to rise in 2024 after OPEC+ voluntary cuts
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Oil prices set to rise in 2024 after OPEC+ voluntary cuts

Processing towers stand on the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Andrey Rudakov | Bloomberg | Getty Pictures Oil costs are anticipated to rise within the new 12 months after some OPEC+ oil producers voluntarily pledged to cut output. The oil cartel on Thursday released a statement that … Read more

COP28 delivers breakthrough by way of climate disaster fund details
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COP28 delivers breakthrough by way of climate disaster fund details

A person carrying a thawb walks previous flags of countries collaborating within the UNFCCC COP28 Local weather Convention the day earlier than its official opening on November 29, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Photographs Information | Getty Photographs Dubai, UNITED ARAB EMIRATES — International locations on the U.N. COP28 summit … Read more

The heat is truly on COP28
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The heat is truly on COP28

An attendee checks a smartphone while strolling previous Al Wasl dome within the Blue Zone forward of the COP28 local weather convention at Expo Metropolis in Dubai, United Arab Emirates, on Wednesday, Nov. 29, 2023. Greater than 70,000 politicians, diplomats, campaigners, financiers and enterprise leaders will fly to Dubai to speak about arresting the world’s … Read more

The COP28 heat is on
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The COP28 heat is on

An attendee checks a smartphone while strolling previous Al Wasl dome within the Blue Zone forward of the COP28 local weather convention at Expo Metropolis in Dubai, United Arab Emirates, on Wednesday, Nov. 29, 2023. Greater than 70,000 politicians, diplomats, campaigners, financiers and enterprise leaders will fly to Dubai to speak about arresting the world’s … Read more

UAE rejects claims COP28 boss agreed to step down as ADNOC CEO
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UAE rejects claims COP28 boss agreed to step down as ADNOC CEO

The Blue Zone entrance on the Dubai Exhibition Heart forward of the COP28 local weather convention at Expo Metropolis in Dubai, United Arab Emirates, on Wednesday, Nov. 29, 2023. Greater than 70,000 politicians, diplomats, campaigners, financiers and enterprise leaders will fly to Dubai to speak about arresting the world’s slide towards environmental disaster. Photographer: Annie Sakkab/Bloomberg by way … Read more

A showdown is brewing over money, oil and carbon
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A showdown is brewing over money, oil and carbon

On this aerial view water vapour and exhaust rise from the metal mill of Salzgitter AG, one Europe’s largest metal producers, on November 22, 2023 in Salzgitter, Germany. Sean Gallup | Getty Pictures Information | Getty Pictures Policymakers and enterprise leaders from throughout the globe are set to reach in Dubai within the United Arab … Read more

Gulf states look like ‘very, very attractive’ investments
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ABU DHABI, United Arab Emirates — Amid a turbulent international setting, hedge fund titan Ray Dalio sees one specific a part of the world as holding promise for traders: the Center East’s Gulf states. The Bridgewater Associates founder particularly highlighted the United Arab Emirates, whereas talking throughout a CNBC panel at Abu Dhabi Finance Week. … Read more

Is Black Friday sales surge a false dawn?
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Is Black Friday sales surge a false dawn?

An Amazon employee delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. An estimated 182 million persons are planning to buy from Thanksgiving Day by Cyber Monday, probably the most since 2017, in accordance with the Nationwide Retail Federation. Stephanie Keith | Bloomberg | Getty Photos This report is from … Read more

UAE reportedly planned to use COP28 to lobby for oil deals
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UAE reportedly planned to use COP28 to lobby for oil deals

The president of the upcoming COP28 local weather change Sultan Ahmed al-Jaber speaks throughout the Abu Dhabi Worldwide Petroleum Exhibition at ADNEC Exhibition Middle October 2, 2023. Jaber instructed an Abu Dhabi oil convention on October 2, 2023, that the fossil gasoline business would play an important function in addressing the local weather disaster. (Photograph … Read more

The debate over nuclear’s role in the energy transition continues
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The debate over nuclear's role in the energy transition continues

Cooling towers at a nuclear energy plant in Slovakia. Nuclear energy is more likely to be mentioned in nice element on the COP28 local weather change summit in Dubai, United Arab Emirates. Janos Kummer | Getty Pictures Information | Getty Pictures The function that nuclear energy ought to play in making a extra sustainable future … Read more

Singing the OPEC blues away
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Singing the OPEC blues away

A photograph illustration of the OPEC brand seen on a mobile phone set in opposition to a inexperienced arrow in Brussels, Belgium on September 10, 2023. Nurphoto | Nurphoto | Getty Photographs This report is from in the present day’s CNBC Day by day Open, our new, worldwide markets publication. CNBC Day by day Open … Read more

CNBC Daily Open: Singing the OPEC blues
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CNBC Daily Open: Singing the OPEC blues

A view of the Minion balloon on the 2023 Macy’s Thanksgiving Day Parade on November 23, 2023 in New York Metropolis. Gotham | Getty Photos Leisure | Getty Photos This report is from immediately’s CNBC Each day Open, our new, worldwide markets e-newsletter. CNBC Each day Open brings traders up to the mark on every … Read more

A hotter world makes it harder to stop the spread of superbugs
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A hotter world makes it harder to stop the spread of superbugs

A microbiologist on the Max-Planck-Institute for An infection Biology prepares a bacterial colony of the pressure Streptococcus pyogenes on a blood agar plate. Image Alliance | Image Alliance | Getty Photos Already recognized as one of many main public well being threats dealing with humanity right this moment, it’s feared {that a} warming world is making … Read more

Coal use needs to be cut faster to meet emissions target, analysis
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Coal use needs to be cut faster to meet emissions target, analysis

A coal-fired energy plant in Indonesia. Aditya Aji | AFP | Getty Photographs Efforts to limit international warming to 1.5 levels Celsius are failing “throughout the board” — and main shifts can be required to create significant change, in keeping with a brand new report, together with a a lot sooner transfer away from utilizing … Read more

Boeing order bonanza leaves Airbus in the dust
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Boeing order bonanza leaves Airbus in the dust

Aermacchi MB-339 coach plane of the Fursan al-Emarat (UAE Knights) aerobatics staff launch smoke as they fly over with an Emirates Airbus A380-861 jetliner plane in the course of the 2023 Dubai Airshow at Dubai World Central – Al-Maktoum Worldwide Airport in Dubai on November 13, 2023.  Giuseppe Cacace | Afp | Getty Photographs DUBAI, … Read more

Israel’s pavilion at the Dubai Airshow sits empty amid Gaza war
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Israel's pavilion at the Dubai Airshow sits empty amid Gaza war

The Israel Aerospace Industries pavilion stands empty on the Dubai Airshow 2023 at Al Maktoum Worldwide Airport, Dubai, United Arab Emirates on November 14, 2023. Natasha Turak | CNBC DUBAI, United Arab Emirates — Amid the bustle and footfall of 1000’s of tourists and exhibitors on the 2023 Dubai Airshow, one pavilion is notably empty: … Read more

Airlines are feeling the impact of the Israel-Hamas war
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Airlines are feeling the impact of the Israel-Hamas war

An Etihad Airways Boeing 787-9 “Dreamliner” plane shows Israeli and Emirati flags after touchdown upon arrival from the United Arab Emirates (UAE) at Israel’s Ben Gurion Airport close to Tel Aviv, on the corporate’s first scheduled industrial flight from Abu Dhabi, on April 6, 2021. JACK GUEZ | AFP | Getty Photos DUBAI, United Arab … Read more

Emirates announces $52 billion order for 95 Boeing aircraft
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Emirates announces $52 billion order for 95 Boeing aircraft

DUBAI, United Arab Emirates — Emirates Airline on Monday introduced an order for 95 Boeing plane at a price of $52 billion, kicking off the primary main deal of the 2023 Dubai Airshow. The state-owned flagship Dubai provider, a subsidiary of Emirates Group, is ordering 55 further Boeing 777-9s and 35 of its 777-8s, bringing … Read more

IEA lists ingredients to keep worst effects of climate change at bay
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IEA lists ingredients to keep worst effects of climate change at bay

A wind turbine set up going down in Germany on July 14, 2023. The Worldwide Vitality Company is asking for a surge in renewable power installations over the subsequent few years. Ina Fassbender | AFP | Getty Photographs The COP28 local weather change summit is quick approaching, with a number of world leaders and high-profile … Read more

company posts record half-year profit of $2.7 billion
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company posts record half-year profit of $2.7 billion

Emirates airways Boeing 777-31H(ER) takes off from Los Angeles worldwide Airport on January 13, 2021. Aaronp / Bauer-Griffin | GC Pictures | Getty Pictures DUBAI, United Arab Emirates — Emirates Group posted its highest-ever half-year earnings, reporting web revenue of 10.1 billion dirhams ($2.75 billion) for 2023-24 on rebounding demand. The determine eclipsed its half-year … Read more

Here are the ‘unwritten rules’ of air travel
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Here are the 'unwritten rules' of air travel

A brand new report has an ominous warning for air vacationers. “It doesn’t matter what you do on a aircraft, you are in all probability annoying one other passenger,” it states. The report, printed Thursday by the info intelligence firm Morning Seek the advice of, examined 12 forms of habits on flights, discovering that the … Read more

Saudi Arabia reinforces deadline for companies to move regional HQs
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Saudi Arabia reinforces deadline for companies to move regional HQs

The Saudi Nationwide Financial institution headquarters and different buildings in Riyadh. Bloomberg | Bloomberg | Getty Pictures RIYADH — Saudi Arabia is holding on to its ultimatum that overseas firms might want to base their regional headquarters within the kingdom or be barred from profitable authorities contracts. The deadline: Jan. 1, 2024. In a bold … Read more

Top 10 ‘workcation’ cities for remote workers
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Top 10 ‘workcation’ cities for remote workers

Workations proceed to be on the rise as firms supply staff extra flexibility. Witthaya Prasongsin | Second | Getty Photos The pandemic is likely to be over, however working remotely is a development that is set to remain as millennials and Gen Z’s proceed to work whereas visiting their favourite locations.  That is in accordance … Read more

UN committee deadlocked on climate disaster recovery fund
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UN committee deadlocked on climate disaster recovery fund

Sultan Al Jaber, chief government of the UAE’s Abu Dhabi Nationwide Oil Firm (ADNOC) and president of this 12 months’s COP28 local weather summit gestures throughout an interview as a part of the seventh Ministerial on Local weather Motion (MoCA) in Brussels on July 13, 2023. Francois Walschaerts | Afp | Getty Pictures United Nations … Read more