A financing scheme that draws on funding from Western donors to help developing countries shift to cleaner power generation could be mirrored for heavy industries and other hard-to-abate sectors, Egypt's climate champion said.
Mahmoud Mohieldin
A financing scheme that draws on funding from Western donors to help developing countries shift to cleaner power generation could be mirrored for heavy industries and other hard-to-abate sectors, Egypt's climate champion said.
Extending a Just Energy Transition Partnership (JETP) structure to sectors including steel, aluminium, cement and fertilisers made sense because of new European Union rules that would otherwise penalise developing world exporters, U.N. Climate Change High-Level Champion Mahmoud Mohieldin said in an interview.
The UAE has retained its position as the world's most attractive real estate investment destination, outranking the United States, the United Kingdom, France and Spain, according to a new survey commissioned by property developer Arada.
UAE-based AD Ports Group has acquired Corredor Logística e Infraestrutura (CLI), Brazil's leading independent agri-bulk port terminal operator, for an enterprise value of $835 million (AED 3.1 billion), marking the group's first entry into Latin America.
In a post published Monday on Truth Social, President Donald Trump issued what amounts to a sweeping diplomatic ultimatum to the Arab and Muslim world: normalise with Israel through the Abraham Accords, or forfeit any role in the Iran agreement he is working to finalise.
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