Author: dailyguardian.ae

A housing benefits package worth Dh7.6 billion has been approved for disbursement to thousands of Emiratis in Abu Dhabi, it was announced on Wednesday. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and chairman of the Abu Dhabi Executive Council, okayed the fund’s release in celebration of the 52nd UAE National Day. This also comes under the directive of the President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi. The latest package included housing loans of all types, with a total value of Dh6 billion, from which…

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India will formally investigate security concerns aired by the United States in a warning to New Delhi about its links to a foiled plot to murder a Sikh separatist leader, the foreign ministry said on Wednesday. The issue comes at a delicate time for both India and the Biden administration as they try to build closer ties in the face of an ascendant China perceived as a threat for both democracies. Just a week before the foreign ministry’s statement, the White House confirmed that it had warned New Delhi about its involvement in a thwarted plot to kill a Sikh…

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Netflix and Rockstar Games revealed that Grand Theft Auto: The Trilogy – The Definitive Edition will come to the services game catalog in December. Grand Theft Auto: The Trilogy – The Definitive Edition is a package that features remasters of Grand Theft Auto III, Grand Theft Auto: Vice City, and Grand Theft Auto: San Andreas. It was first released for PC and consoles in late 2021. Although the ports were derided for having a plethora of technical problems at launch, they have improved since then. Now, Netflix is making a major play by bringing these remastered GTA games to the…

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The UAE has always been “clear, open, clean, honest and transparent” about how it is conducting the COP28 process. This was the strong message delivered by COP28 president Dr Sultan bin Ahmed Al Jaber ahead of the UN climate summit that begins tomorrow. Al Jaber categorically called as “false, not true, incorrect and not accurate” a report that came out early this week alleging the UAE is using its role as host of COP28 “to forge oil and gas deals with foreign governments”. The allegation came from supposed leaked documents obtained by the Centre for Climate Reporting and BBC that…

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When delegations from Moscow and Kyiv met in Belarus for secretive peace talks weeks after Russia invaded Ukraine, it took Ukraine’s lead negotiator less than an hour to lose hope. To end the war, Russia had dispatched a former culture minister — infamous for a PhD plagiarism scandal — and a firebrand nationalist who had recently faced down sexual harassment allegations. “It was about 45 minutes into the first round of talks that the intellectual level of these people became clear — their lack of understanding that the war was a war,” Mykhaylo Podolyak told AFP during a recent interview…

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Driven by a noticeable push for ESG (sukuk as COP28 approaches, outstanding ESG sukuk in the UAE is expected to reach 17.5 per cent–20 per cent of total sukuk issuance in the medium term, Fitch Ratings said. The UAE government is seeking to achieve its sustainability targets, declaring 2023 as the Year of Sustainability, and aims to achieve net zero emissions by 2050. However, ESG (environmental, social, and governance) sukuk is not isolated from macro volatilities and must also fulfill the sharia-compliance requirements. “ESG sukuk in the UAE has increased over the past few years, making up over 12 per…

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Kane Williamson struck a defiant century on Wednesday but was unable to put New Zealand in control in the first Test against Bangladesh in Sylhet. The visitors reached 266-8 at stumps on the second day, still trailing Bangladesh by 44 runs in the first innings. Williamson hit 104 off 205 balls in his 29th Test century with 11 fours, before Taijul Islam broke through his defence to bowl out the right-hander. “I mean, you just see all around the world, he’s amazing and how he sort of works out different attacks, different sort of ways people are trying to get…

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One of the best places to shop for almost anything involving electronics says so right in its name: Best Buy. The retail giant has a ton of departments with some of today’s most popular devices, components, and appliances for sale. It also offers a lot of these at a discount, which is certainly what we’re seeing right now. Some of the best TV deals, best tablet deals, best laptop deals, and best phone deals can currently be found at Best Buy, and those are just the tip of the iceberg. We’ve tracked down all of the best deals you can…

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Imagine a massive industry expo with the drama of a dozen simultaneous political conferences, a few flashes of impassioned protest, and the occasional crowd crush to glimpse a climate celebrity. Such is the scene at the annual COP conference, this year being held from November 30 to December 12 in Dubai. Staged across a cavernous campus of pop-up buildings and exhibition halls, this year’s COP28 will bring together more than 70,000 people from nearly 200 countries. Here’s how the climate summit unfolds on the ground. The opening ceremony The UAE has spent the last year laying the diplomatic groundwork for…

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Collaboration between governments and businesses to accelerate emission reduction is vital to a pragmatic energy transition, according to an industry expert. “No single nation or company has all the answers. We know that collectively we have the technology today to shift to a more sustainable and affordable energy system. We hope that this year we will see real progress towards accelerating the adoption of renewables worldwide and making that transition accessible to all,” Claudio Facchin, CEO of Hitachi Energy, told Khaleej Times, ahead of COP28 in Dubai. Zurich-headquartered Hitachi Energy is a global technology leader in power grids, specialising in…

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