The Kingdom of Saudi Arabia has announced that the G20 summit will be held virtually in two months time.
The event will take place from November 21 to 22 under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.
Organisers say they plan to build on the success of the virtual extraordinary G20 Leaders’ Summit at the end of March and the results of more than 100 online working groups and ministerial meetings.
November's remote gathering will focus on protecting lives and restoring growth, by addressing vulnerabilities exposed during the COVID-19 pandemic and by laying down the foundations for a better future.
It will also foster international action to realise the opportunities of the 21st century, by empowering people and protecting the planet, while harnessing innovation's potential to shape new frontiers.
The G20 bloc is leading the fight against COVID-19 taking swift and unprecedented actions to protect lives, livelihoods and the most vulnerable.
The group has contributed more than US$ 21 billion to support the production, distribution, and access to diagnostics, therapeutics, and vaccines; and offered US$11 trillion to safeguard the global economy. It has provided more than US$14 billion in debt relief for less developed countries to finance their health systems and social programmes.
The Environment Agency – Abu Dhabi, (EAD) has announced that Abu Dhabi will be the first in the Middle East and North Africa (MENA) region to implement the Enhanced Transparency Framework (ETF) on a subnational level, following last year’s national level launch by the Ministry of Climate Change and Environment (MOCCAE).
The COP29 Presidency announced on Saturday the end of the decade-long wait for the conclusion of negotiations on high integrity carbon markets under Article 6 of the Paris Agreement.
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10 per cent of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday.
The UAE government has launched the Know Your Customer (KYC) digital platform, aimed at providing accurate, confidential data for financial transactions.
Volkswagen's union said it was gearing up for strikes across German factories from December 1 after talks over wages and unprecedented factory closures at Europe's largest carmaker failed to achieve a breakthrough on Thursday.