On Monday, Saudi Arabia's Crown Prince Mohammed bin Salman announced the establishment of the Green Initiative Foundation.
It was a commitment to two climate initiatives worth 39 billion riyals ($10.4bn), to which the kingdom would contribute 15 per cent.
Two days earlier, Saudi Arabia had announced that it would commit itself to net-zero carbon emissions by 2060 at the Saudi Green Initiative Summit in Riyadh.
The target represents a huge leap for the Saudi Green Initiative and Middle East Green Initiative, announced in March. They are part of the kingdom's Vision 2030 programme to reshape its economy, placing itself at the centre of regional efforts to meet international targets on environmental projects.
What is the Saudi Green Initiative?
Alongside the net zero plan — in which the kingdom will rapidly expand already substantial investment in renewable energy — Saudi Arabia will work to restore, conserve, and sustainably manage one billion hectares of land by 2040.
The Saudi Green initiative aims to plant 10 billion trees — the same as rehabilitating 200 million hectares of degraded land. The target also represents 4 per cent of the global drive to reverse land degradation and 1 per cent of the global effort to plant one trillion trees.
As part of the plan, 30 per cent of the kingdom — or 600,000 square kilometres — will be protected areas and efforts will be made to protect coastal environments.
The Middle East Green Initiative has a similar plan for the region. Saudi Arabia will work with countries to plant 50 billion trees across the Middle East.
The Saudi Green Initiative goals:
- Plant 10 billion trees in Saudi Arabia and 50 billion across the Middle East;
- Cut carbon dioxide emissions in the Middle East by 60 per cent;
- Renewables to produce 50 per cent of Saudi Arabia's electricity by 2030;
- Divert 94 per cent of rubbish now going to landfill;
- Increase protected areas to more than 30 per cent (including marine and coastal ecosystems);
- Eliminate more than 130 million tonnes of carbon emissions using clean hydrocarbon technology;
- Reach zero-net emissions by 2060;
- The Saudi Green Initiative programme aims to achieve more than 278 Mtpa in carbon emissions reduction by 2030;
- The kingdom will join the Global Methane Pledge to contribute to cutting global methane emissions by 30 per cent by 2030;
- To provide food for more than 750 million people in the world through an initiative.
Why are environmental projects important for the Middle East?
Partly this is about the region's commitments to international climate change mitigation targets such as the 2015 Paris Accord.
The Crown Prince said the kingdom and the region face environmental challenges such as desertification, which pose an economic threat.
The Green Initiative aims to increase vegetation cover, reduce carbon emissions, combat pollution and preserve marine life.
Sandstorms alone, he said, cost the region $13 billion a year and air pollution is estimated to cut 18 months from life expectancy.
The ambitious programmes aim to reduce the region’s carbon emissions by 60 per cent.
About 50 billion trees are due to be planted in the world’s biggest forestation project, covering an area double the size of the Great Green Wall in the Sahel region and representing 5 per cent of the global tree planting target.
At the moment, only seven per cent of energy production in the Middle East is clean. The initiative aims to cut more than 130 million tonnes of carbon emissions, reducing global carbon emissions by more than 4 per cent.
The kingdom has ambitious targets for renewable energy, including the increased use of wind and solar, which will generate half of the country’s electricity by 2030 to further reduce greenhouse gas emissions.
What did the Crown Prince say about the plans?
“As a leading global producer of oil, we are fully aware of our share of the responsibility in advancing the fight against the climate crisis and as our pioneering role in stabilising energy markets during the oil and gas era, we will act to lead the next green era,” he said.
“The kingdom and the region are facing many environmental challenges, such as desertification, which poses an economic threat to the region, as it is estimated that $13 billion are drained by sandstorms in the region every year and air pollution from greenhouse gases is estimated to have reduced the average age of citizens by one and a half years.
“We will act through the Saudi Green Initiative to raise vegetation cover, reduce carbon emissions, combat pollution and land degradation, and preserve marine life.”
The Crown Prince announced plans to cut carbon emissions by more than 270 million tons a year as part of the Saudi Green Initiative, which would attract investments of more than 700 billion riyals ($186.63 billion).
“We will establish an investment fund for the circular carbon economy and an international economic initiative to provide food for more than 750 million people in the world through an initiative.”
During the Middle East Green Initiative Summit, he said: “We are meeting today at this summit to coordinate efforts towards protecting the environment and confronting climate change, and to develop a road map to reduce carbon emissions in the region by more than 10 per cent of the global contributions, and planting 50 billion trees in the region, according to a programme that is considered the largest tree-planting programme in the world.”
What was the reaction to the plan?
The Crown Prince spoke with the leaders of Qatar, Kuwait, Bahrain, Iraq and Sudan after the announcement.
Several states have celebrated the move. Kuwait state media on Tuesday said that the country’s Cabinet had “heaped praise” on the plan. It said the matter featured heavily in the recent conversation between the Crown Prince and Kuwait’s Emir Sheikh Nawaf Al Ahmed.
Pakistan offered to support the plan, with Prime Minister Imran Khan saying he was “delighted to learn” about it.
“We would be happy to share experiences, knowledge, and lessons from our nature-based approaches and initiatives,” he said in a letter to the Crown Prince.
The UN said it was following the news “with great interest”.
“We very much look forward to hearing more from the kingdom and other G20 members on April 22 at the meeting being organised by the US, and which will be the next milestone,” said Stephane Dujarric, spokesman for UN Secretary General Antonio Guterres.
The UK’s Prince Charles said that Saudi Arabia's green initiatives contribute to building a sustainable and productive future, indicating that the kingdom's global leadership in the “transition to renewable energy is essential”.
Why are these projects important to Saudi Arabia?
Saudi Arabia’s Vision 2030 programme is a massive national reform plan that aims to reduce the kingdom’s dependence on oil revenue. One aspect is environmental protection and climate targets that involve diversifying energy production from fossil fuels to renewable sources.
Saudi Arabia, as the region’s largest economy, has long sought to be a leading force in shaping the Middle East and coordinating regional responses to crises from conflict to hunger to climate change.
The initiatives will chart the country and region’s road map for protecting the environment.
How has Saudi Arabia protected the environment in the past?
The two green initiatives are based on the kingdom’s mission to help protect the planet that was at the heart of its 2020 presidency of the G20 group of nations.
But it has long supported the so-called circular carbon economy, a framework that places emphasis on reducing carbon output and finding ways to reuse and recycle emissions.
In 2012, the country launched the Saudi Energy Efficiency Programme, a cornerstone of its plan to reduce carbon emissions.
The kingdom is also planning a massive new hydrogen fuel plant in the futuristic megacity of Neom, as well as the world’s largest carbon dioxide purification plant, with a capacity of 500,000 tonnes a year.
The Circular Carbon Economy National Programme, or CCE, was officially announced in November last year by King Salman.
Speaking at the G20 leaders’ summit last year, Crown Prince Mohammed said the CCE “allows for the holistic management of emissions to mitigate the challenges of climate impact and advance cleaner and more sustainable energy systems, as well as advancing stable and secure energy markets and energy access”.
How do Saudis feel about it?
Saudis feel the country has been stepping up efforts to raise awareness about environmental issues and is serious about preserving nature and sustainable development.
Marine biologists have hailed the kingdom’s efforts to protect coastal and marine life in the past year.
Ghada Kamel, 27, a marine biology student and scuba-diving instructor from Saudi Arabia, said the initiatives have come at the right time to teach the younger generation the importance of climate change and preserving the planet.
“Since last year, the Shura Council has implemented new standards and penalties for violations in order to preserve marine life. I hope they continue to build more public awareness on all fronts from plastic pollution to marine biodiversity,” Ms Kamel told The National.
Maliha Alshareef, 34, a Saudi architect, said the kingdom’s young population was increasingly conscious of environmental issues.
“For those living in the kingdom, we have witnessed a radical change in the way we interact with nature in the last seven years,” she said.
“From recycling, reusing and pushing for sustainable means of consumption and production, we have had more awareness at a grassroots level over the last few years, starting with education in schools. This was unavailable at when we were growing up.
“This is sending the right message.”
Read more about climate change and sustainability in the Middle East: John Kerry in UAE: We face an enormous global climate challenge — and it's only growing
John Kerry visits world’s largest solar park in Abu Dhabi
Climate summit: five ways the UAE leads the way on sustainability
Comment: The Middle East can be a powerful ally against climate change
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A
The specs
Price, base / as tested Dh1,470,000 (est)
Engine 6.9-litre twin-turbo W12
Gearbox eight-speed automatic
Power 626bhp @ 6,000rpm
Torque: 900Nm @ 1,350rpm
Fuel economy, combined 14.0L / 100km
SERIES INFO
Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series
All matches at the Zayed Cricket Stadium, Abu Dhabi
Test series
1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March
Play starts at 9.30am
T20 series
1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March
TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
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Various Artists
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
Racecard
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Sholto Byrnes on Myanmar politics
What is dialysis?
Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.
It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.
There are two kinds of dialysis — haemodialysis and peritoneal.
In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.
In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.
It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.
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Full Party in the Park line-up
2pm – Andreah
3pm – Supernovas
4.30pm – The Boxtones
5.30pm – Lighthouse Family
7pm – Step On DJs
8pm – Richard Ashcroft
9.30pm – Chris Wright
10pm – Fatboy Slim
11pm – Hollaphonic
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Essentials
The flights
Emirates, Etihad and Malaysia Airlines all fly direct from the UAE to Kuala Lumpur and on to Penang from about Dh2,300 return, including taxes.
Where to stay
In Kuala Lumpur, Element is a recently opened, futuristic hotel high up in a Norman Foster-designed skyscraper. Rooms cost from Dh400 per night, including taxes. Hotel Stripes, also in KL, is a great value design hotel, with an infinity rooftop pool. Rooms cost from Dh310, including taxes.
In Penang, Ren i Tang is a boutique b&b in what was once an ancient Chinese Medicine Hall in the centre of Little India. Rooms cost from Dh220, including taxes.
23 Love Lane in Penang is a luxury boutique heritage hotel in a converted mansion, with private tropical gardens. Rooms cost from Dh400, including taxes.
In Langkawi, Temple Tree is a unique architectural villa hotel consisting of antique houses from all across Malaysia. Rooms cost from Dh350, including taxes.