Saudi Arabia and UAE’s rivalry intensifies in race for foreign investments. The two Gulf neighbors have reached the point where they are enacting laws that contravene their common Gulf Cooperation Council goals. Intense competition between Gulf Cooperation Council members and geographical neighbors Saudi Arabia and the United Arab Emirates to attract foreign investments and foreign billionaires has...
Wagner’s businesses in Africa isolate and create dependent economies, not funding for private armies. The US Treasury Department on Tuesday sanctioned gold and diamond mining concerns connected to the Wagner group in Mali and the Central African Republic after Yevgeny Prigozhin, the mercenary group’s founder, attempted to stage a mutiny in Russia last weekend. The gold and diamond mining enterprises, as...
Marking a decade since the United Arab Emirates (UAE) authorities sentenced 60 members of Emirati civil society to lengthy prison terms in a mass trial, Heba Morayef, Amnesty International’s Regional Director for the Middle East and North Africa, said: “Although we are halfway through the year in which the UAE is in the international spotlight...
It was a smell that invoked a memory. Both for Emily Kuchlbauer in North Carolina and Ryan Bomba in Chicago. It was smoke from wildfires, the odor of an increasingly hot and occasionally on-fire world. Kuchlbauer had flashbacks to the surprise of soot coating her car three years ago when she was a recent college...
Wildfires are hurting many industries and could strain households across Canada, one of many countries reckoning with the impact of extreme weather. Canada’s wildfires have burned 20 million acres, blanketed Canadian and U.S. cities with smoke and raised health concerns on both sides of the border, with no end in sight. The toll on the Canadian economy is...
In an article published in the Proceedings of the National Academy of Sciences, Michael Mann, professor in the Department of Earth and Environmental Science in the University of Pennsylvania’s School of Arts & Sciences, and colleagues from Clemson University, the University of California Los Angeles, and Columbia University investigate the effects of climate change on exacerbating compounding...
Vladimir Lisin has transferred his stakes in Russia’s biggest steelmaker and a rail freight operator to companies registered in Abu Dhabi, the latest example of a billionaire shifting assets to the oil-rich emirate. The businessman, who’s worth about $23 billion according to the Bloomberg Billionaires Index, moved his stakes in Novolipetsk Steel PJSC and Freight One JSC from Cyprus...
The CDP’s Oil and Gas Benchmark report assessed 100 oil and gas companies on low-carbon transition and just transition indicators. Top oil and gas companies have made “almost no progress” in reaching the climate goals agreed as part of the 2015 Paris climate summit, environmental disclosure non-profit CDP said on Thursday. The CDP’s Oil and...
New film accuses club, which faces 115 Premier League charges, of using mystery man from UAE to cover money that was supposed to have come from a sponsor NEW Martyn Ziegler, Matt Lawton Thursday June 29 0023 8.00pm BST, The Times A mystery figure from the United Arab Emirates paid Manchester City £30 million, a...
In a recent address to global climate envoys, the Emirati President of Cop28 Sultan Al Jaber proclaimed that the United Arab Emirates had “embraced the energy transition.” The speech was the fore-runner to the start of a typically slick public relations campaign, with the UAE’s Minister of Climate Change Mariam Almheiri telling Reuters that the world is...