By ALISHA HOULIHAN for AML Intelligence GREYLISTED UAE has made a “substantial donation” to the funding of the body representing the world’s police Financial Intelligence Units (FIUs). The Egmont Group of FIUs represents most of the main FIUs and held its most recent annual conference at a glittering venue in Abu Dhabi. Today (Wed) the...
A key US lawmaker is urging the Commerce Department to consider trade restrictions on Abu Dhabi artificial intelligence firm Group 42 Holdings over its ties to China. House China Select Committee Chairman Mike Gallagher, a Republican from Wisconsin, raised concerns about G42’s relationships with blacklisted Chinese companies including Huawei Technologies Co. and Beijing Genomics Institute, as well as risks to research...
WHILE much of the world remains fixated on the torrent of horrific news from Israel and the Palestinian territories, the appalling war in Sudan is getting next to no media attention. Even in the months before the Hamas terrorist attack of October 7 and the subsequent continual bombardment of the Gaza Strip by the Israel...
Arctic Ice argues its rare, pure product can be part of Greenland’s green transition and greater independence. Frozen daiquiri anyone? Drinking a cocktail on top of a Dubai skyscraper may seem decadent enough, but a Greenland entrepreneur wants to add ancient glacier ice scooped from the fjords to the glass, for the ultimate international thrill. Arctic Ice...
The Middle East and North Africa (MENA) region, home to widely diverse cultures and a population of about 500 million, is highly exposed to the impacts of climate change. While high temperatures are common there, nearly half of the population could be annually exposed to anomalous super and ultra-extreme heatwaves—up to 56 °C and higher during several...
Environmentalists condemn news of higher forecast production which is also seen as a conservative forecast. Azerbaijan, which is hosting this year’s UN climate talks, plans to increase its fossil fuel production by a third over the next decade, according to an analysis shared exclusively with the Guardian. The forecast indicates the Cop29 host will grow...
Holidays are making a comeback after several years of disruption caused by the Covid pandemic, but this resurgence in travel is concerning. The tourism sector alone is responsible for an estimated 8 to 10% of global greenhouse gas emissions – and conditions at traditional holiday destinations in high summer are becoming increasingly unpleasant if not downright hazardous. During the past year, numerous...
The United Arab Emirates on Saturday acknowledged it is conducting a mass trial of 84 inmates previously reported by dissidents as it hosted the United Nations COP28 climate talks last month. The trial likely includes a prominent activist lauded by rights group abroad. The state-run WAM news agency quoted the country’s attorney general, Hamad al-Shamsi, as saying...
PARIS – French sports retail giant Decathlon has secretly continued selling clothes in Russia despite officially pulling out in protest at Russia’s war in Ukraine, according to a media report on Dec 19. The multinational retailer, which posted sales of €15.4 billion (S$22.4 billion) in 2022, announced within weeks of Russia’s invasion of Ukraine that it...
From November 30 to December 12, this year, delegates from nearly 200 countries across the globe, leaders of business and finance, and representatives of civil society gathered in Dubai for the COP28 climate conference, with the aim of fast-tracking the transition to a clean-energy future. The climate conference was expected to stress the importance of...