 |
| |
Amid rising petrol prices a growing number of UAE motorists are feeling the heat and are switching to hybrid and electric cars to cut costs. The cost of petrol in the Emirates increased by 12 percent in July, and now stands at more than Dh 4.50 a litre.
Oil incurred heavy losses for two consecutive days in the past week, dropping further to a 12-week low on last Wednesday, as recession concerns grew. Both Brent and WTI closed on Wednesday at their lowest since April 11, following a dramatic fall on Tuesday despite tight global supplies.
Six years after the Dubai Roads and Transportation Authority laid the roadmap for driverless vehicles by 2030, the idea of smart mobility has swept the landscape with intelligent concepts that are changing the region’s social infrastructure.
Dubai Electricity and Water Authority (DEWA) has announced that its 3 million imperial gallons per day (MIGD) Water Microfiltration project in Hatta would be completed by the end of the year.
Jordan has expanding its renewable energy sources to 50 percent of the total energy mix by 2030, according to its EnergyMinister Saleh Al-Kharabsheh.
The oil windfalls and economic reforms alongside COVID-19 and the collapse in oil prices in 2020 was enough to take a toll on economies across the world.
As a part of its first formal commitment, Tunisia has launched the H2Vert project to improve the framework conditions and develop a value chain based on renewable energy for green hydrogen and its derived products in Tunisia.
In line with its commitment to the net-zero climate impact and to reaching Panasonic Environment Vision 2050, the brand Panasonic has announced in UAE, PANASONIC GREEN IMPACT initiative globally with an aim to contribute to society-wide reductions in CO2 emissions by switching customers to energy-saving products and supplying energy-saving solutions and green energy technologies to B2B/B2G customers.
Emerson, a global leader in technology and software solutions, announced its sustainability strategy to achieve net-zero greenhouse gas Scope 1, Scope 2 and Scope 3 emissions by 2045. The company detailed its goal to reach net-zero and its environmental, social and governance progress in its 2021 ESG report.
The Mohammed bin Rashid School of Government in Dubai and co-authored by Jeffrey Beyer, managing director of Zest Associates, a UAE-based sustainability consultancy, published a report that advises Governments in the Middle East and North Africa need to adopt new tools and policies and collaborate to accelerate the shift to a low-carbon economy.