A Dubai-based Irish businessman has been placed on the US Treasury’s sanctions list as part of move to stop the flow of Russian money abroad. John Hanafin and his Huriya Private firm have been listed along several other individuals and companies used to help Russia evade sanctions. According to a Treasury statement yesterday “Hanafin facilitated...
The UAE has appointed 31 people to the advisory board for the upcoming COP28 climate summit. The group represents a mix of former executives of oil companies, climate campaigners, energy experts, and corporate leaders such as BlackRock’s CEO Larry Fink and Siemens’s supervisory board chairman Joe Kaeser. Two Indians sit on the board, embodying the polar...
The UAE’s Cop28 presidency has gone all Clint Eastwood this week, by asking The Good, The Bad and The Ugly to be involved in the climate talks. Wearing the white hat on the new 31-member Cop28 advisory board are the likes of Hindou Ibrahim, a climate campaigner from Chad, and Saleemul Huq, who has called fossil fuel...
COP28 will be the third Conference of Parties I have reported on the ground from for ESG Clarity, and it is the one I am most concerned about. Apart from the loss and damage fund, little was agreed last year, as we predicted. But this year has the potential to do worse than nothing – it could...
World not ready yet to ‘switch off’ fossil fuels, COP28 host UAE says he UAE has a goal to get 50% of its electricity from renewables by 2050 from the current level of 25%, and could strengthen that goal, she said. WASHINGTON – The United Arab Emirates said on Tuesday that countries should agree to phase...
The city state warns it will be ‘inordinately costly’ to meet its climate promises. This article is part of POLITICO’s Global Policy Lab: Living Cities, a collaborative journalism project exploring the future of cities. Chapter 3 of the project is presented by Holcim. Dubai’s underwhelming efforts to cuts its greenhouse gas emissions are causing it to consider...
DUBAI — An Emirati-Turkish man sentenced by the United Arab Emirates in absentia in 2013 to 15 years imprisonment has been sent to the UAE after being detained in Jordan, UAE state media said on Wednesday. UAE state news agency WAM said Khalaf Abd al-Rahman Humaid al-Rumaithi was arrested and handed over to the UAE...
Hunter’s Farm in East Sussex is exactly the sort of house that you might imagine belongs to a top London lawyer. With its 18th century buildings, 52 acres of land, swimming pool, gym and separate ‘Dairy Cottage’, the sprawling £3.4million estate offers a welcome oasis from the cut and thrust of corporate life. Until he was forced...
SUN Ship Management has become one of the main transporters of Russian oil to countries including India and Cuba. BRUSSELS — The EU is discussing whether to sanction Dubai-based shipping company SUN Ship Management Ltd, which is suspected of helping Russia circumvent restrictions on its oil exports, three diplomats told POLITICO’s Brussels Playbook on condition of anonymity....
The markets cover about six acres. There were more than 15 agents at Al Wadad, but Al Qortaj had about 20. Each has a horde of humans on sale, but I only see Africans and Asians on sale. Africans are from Uganda, Ghana, Sierra Leone, and Ethiopia. Asians are from Sri Lanka, India, Philippines, and...