by Jibran Munaf | November 9, 2024 | Banking, Economy, Green
The Bank of Japan (BOJ) is aiming to keep its inflation target steady at 2% even as it monitors the potential long-term economic effects of climate change, according to Governor Kazuo Ueda. Speaking at a climate impact conference in Basel, Ueda acknowledged that...
by Jibran Munaf | November 9, 2024 | Green
The upcoming COP29 climate summit is facing potential delays as China seeks to include trade issues on the agenda, raising tensions that could derail the start of crucial negotiations. China, representing the BASIC coalition (Brazil, South Africa, India, and China),...
by Jennifer George | October 17, 2024 | Automotive, Coverage, Economy, Gitex 2024, Green, Industry, News
Tesla and UAEV have secured the first Independent Charge Point Operator (CPO) licenses for electric vehicle (EV) charging stations in Dubai. The Dubai Electricity and Water Authority (Dewa) announced the milestone on Wednesday at GITEX Global 2024. According to Saeed...
by Jennifer George | October 7, 2024 | Economy, Green, Industry, News, Regulations
On October 6th, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, launched the “Plant the Emirates” national program. The program consists of several initiatives that align with the UAE’s vision to...
by Vasu Jit Kalia | September 18, 2024 | Automotive, Green, Industry
A Dubai-based startup has unveiled groundbreaking EVs, which were initially introduced during COP28 in December 2023. The vehicle, which is priced at AED70,000 onwards, makes it significantly cheaper than newly manufactured EVs, which typically start at above...
by Vasu Jit Kalia | September 16, 2024 | Energy, Green
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the UAE has made significant progress in increasing the contribution of clean energy production to the total energy mix, reaching 27.83 percent in 2023, within the target of 32 percent...