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![Oil prices rise on larger-than-expected U.S. inventory draw, offsetting distillate stockpile build](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent crude futures rose 0.2 percent to $84.84 per barrel
![Oil prices stabilize as market monitors tropical storm Beryl, geopolitical developments](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Brent oil futures for September delivery hovered around $85.72 per barrel
![Abu Dhabi World Food Security Summit 2024 to empower innovative solutions for hunger-free world](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The event is set to be hosted for the first time on November 26-27, 2024
![DEWA’s IPWP model attracts $11.87 billion investment over 10 years](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion
![UAE’s ADNOC, JBIC sign $3 billion green financing agreement](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The credit facility is part of JBIC's GREEN lending program and is partially supported by Japanese commercial banks
![UAE’s DP World, China’s Zhejiang Seaport partner to strengthen UAE-China trade](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Partnership further supports UAE-China trade ties and the Belt and Road Initiative
![Emissions spike 50 percent at Google as AI energy demands undermine sustainability targets](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Data showed that Google's emissions increased 13 percent year over year in 2023
![Tadweer Group launches four new subsidiaries to enhance waste recycling, conversion in Abu Dhabi](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Tadweer Environmental Services and Solutions will focus on public waste collection activities
![South Korea’s foreign reserves fall $620 million in June amid currency swap, bond payments](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
As of the end of June, the country’s foreign reserves stood at $412.21 billion
![Abu Dhabi’s EAD, TotalEnergies partner to conserve and restore coastal ecosystems in the emirate](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20684'%3E%3C/svg%3E)
As part of this collaboration, EAD and TotalEnergies will research, monitor, and evaluate Abu Dhabi's coastal ecosystems
![UAE’s ADNOC embraces AI for sustainability, drives $500 million in savings and 1 million tons of carbon cuts](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Last year, ADNOC implemented over 30 AI tools to improve the efficiency of its projects
![Al Zeyoudi strengthens UAE-U.S. ties in technology, innovation with Silicon Valley visit](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Meeting identifies potential partnerships in high-priority fields such as AI, machine learning and climate technology
![Natural gas shortage drives 54 percent surge in Egyptian fertilizer prices](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously
![UAE among top 10 countries with highest installed solar energy per capita: Report](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
With a cumulative capacity of 708 watt/capita, the UAE ranked 10th globally and first MEA country on the list
![Saudi Arabia’s 1,200-station renewable energy mapping project aims to accelerate clean power goals](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The stations seek to measure solar and wind energy across all regions of the Kingdom
![Global energy demand reaches new high in 2023, fossil fuels maintain dominant share: Report](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20682'%3E%3C/svg%3E)
Energy transition stalls as global primary energy demand rises to 620 Exajoules in 2023
![Emirates’ green aviation initiative slashes fuel burn by 48,000 tons, cuts carbon emissions by 151,000 tons](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The airline has equipped its pilots with the latest tools and applications to monitor and optimize their flight performance
![Abu Dhabi’s KEZAD, Astha Biotech sign lease agreement for $12 million microalgae plant in the emirate](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20645'%3E%3C/svg%3E)
The deal will enable the launch of the UAE's first microalgae company for health, cosmetics, food, and aquaculture
![UAE’s ADDED partners with Broaden Energy to establish $272.2 million hydrogen manufacturing hub in Abu Dhabi](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The new investment will create new job opportunities and stimulate economic development through innovative industrial solutions
![Abu Dhabi’s environment agency joins UAE Alliance for Climate Action Advisory Committee](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
As an Advisory Committee member, EAD will provide high-level strategic and technical guidance based on its sectoral expertise
![Saudi Aramco, NextDecade sign 20-year LNG supply deal](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20680'%3E%3C/svg%3E)
Aramco to purchase 1.2 MTPA of LNG from NextDecade's Rio Grande Terminal under proposed agreement
![Abu Dhabi’s Etihad Airways carries 1.5 million passengers with 84 percent load factor in May 2024](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The airline had seen a 38 percent year-to-date increase in passengers, said CEO
![Azerbaijan confirmed as host of COP29](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20683'%3E%3C/svg%3E)
The COP29 Presidency has made significant progress and will be ready to deliver a world-class event, said COP29 President-Designate
![Navigating climate-related data in the investment process](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20614'%3E%3C/svg%3E)
Such data are vital for assessing risks, valuing assets, and engaging shareholders