Dr Sultan al Jaber, the Special Envoy for Climate Change in the Ministry of Foreign Affairs, says the UAE is helping to advance renewable energy to help mitigate climate change.
Dr Sultan al Jaber, the Special Envoy for Climate Change in the Ministry of Foreign Affairs, says the UAE is helping to advance renewable energy to help mitigate climate change.
Dr Sultan al Jaber, the Special Envoy for Climate Change in the Ministry of Foreign Affairs, says the UAE is helping to advance renewable energy to help mitigate climate change.
Dr Sultan al Jaber, the Special Envoy for Climate Change in the Ministry of Foreign Affairs, says the UAE is helping to advance renewable energy to help mitigate climate change.

Talks add to clean, green image


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The UAE was the only OPEC country to take part in clean energy talks among 23 major economies this week, solidifying its "unique" position as an oil producer looking beyond fossil fuels, the country's top climate official said yesterday. The Emirates hosted the talks, which followed its decision to become the first and only GCC state to recognise the Copenhagen Accord, a climate agreement reached in December. The UAE was also not among OPEC states that this month blocked a UN inquiry into tougher action to counter global warming.

The developments highlight the priority the Government places on promoting clean energy and reducing emissions from fossil fuels, but also underscore sharpening differences with fellow oil producers on the same issues, analysts said. "We're endeavouring to make a very unique position for the UAE," said Dr Sultan al Jaber, the Special Envoy for Climate Change in the Ministry of Foreign Affairs. Dr al Jaber is also the chief executive of Masdar, the Abu Dhabi Government's clean-energy company.

"The UAE has, in fact, signed and ratified the Copenhagen Accord. This demonstrates the UAE's understanding of its role as a major oil economy in helping to advance renewable energy in a way that will help mitigate climate change." The Emirates has begun to develop a climate policy distinct from that of other GCC states, including Saudi Arabia, which has long led delegations from the region at climate negotiations, said Mari Luomi, a Gulf climate expert at the Finnish Institute of International Affairs in Helsinki.

"Because of the role that Abu Dhabi has taken in renewables - and the emergence of the International Renewable Energy Agency headquarters in Abu Dhabi plays a key role in that - Abu Dhabi cannot hide behind the back of its traditional ally in the negotiations," Ms Luomi said. Saudi Arabia, the region's biggest economy, was absent from this week's talks, she noted, after being widely perceived as obstructing the pace of annual climate talks since the 1990s.

"The fact that Abu Dhabi was invited and not Saudi, which is a G20 [Group of 20 leading and emerging economies] member, tells a lot about what Saudi Arabia is missing on, presumably because of its role in the [UN talks] - and possibly also because the country does not have an equivalent of a climate or environment minister or envoy," Ms Luomi said. Government officials of 23 major economies, including the US, China, Brazil and India, met on Monday and yesterday at the Emirates Palace to prepare for a ministerial meeting on promoting clean energy in Washington next month.

This week's talks behind closed doors discussed ways to promote renewable energy, efficiency and carbon capture and storage, said David Sandalow, the assistant secretary for the US department of energy. "The more these clean energy technologies are deployed, the more the cost comes down - the more countries co-operate on this agenda is good for everybody," Mr Sandalow said. The meeting in Washington will be the highest-profile clean-energy talks since the summit in Copenhagen, which was widely criticised for failing to agree on a new international treaty on global warming.

But Dr al Jaber rejected suggestions the Washington talks would be an alternative to UN climate negotiations, arguing it could be a "great contributor" to moving the treaty process forward. "We are big believers that Copenhagen was not in any way a failure; Copenhagen was in fact a great success," he said. cstanton@thenational.ae

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press

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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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The story in numbers

18

This is how many recognised sects Lebanon is home to, along with about four million citizens

450,000

More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps

1.5 million

There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m

73

The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association

18,000

The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme

77,400

The number of people believed to be affected by the current nationality law, according to the 2009 UN study

4,926

This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee

W.
Wael Kfoury
(Rotana)

HIV on the rise in the region

A 2019 United Nations special analysis on Aids reveals 37 per cent of new HIV infections in the Mena region are from people injecting drugs.

New HIV infections have also risen by 29 per cent in western Europe and Asia, and by 7 per cent in Latin America, but declined elsewhere.

Egypt has shown the highest increase in recorded cases of HIV since 2010, up by 196 per cent.

Access to HIV testing, treatment and care in the region is well below the global average.  

Few statistics have been published on the number of cases in the UAE, although a UNAIDS report said 1.5 per cent of the prison population has the virus.

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

FROM%20THE%20ASHES
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The biog

Favourite Emirati dish: Fish machboos

Favourite spice: Cumin

Family: mother, three sisters, three brothers and a two-year-old daughter

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

Company%20profile
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Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

UAE currency: the story behind the money in your pockets
In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent