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A new report finds the state-owned oil giant has omitted emissions data in disclosures to investors, making its carbon footprint worse than previously thought.
A year ago, Saudi Arabia's sovereign wealth fund, the Public Investment Fund, said it would set up the Regional Voluntary Carbon Market Company (RVCMC) with Saudi's Tadawul Group, operator of the Riyadh-based Saudi Exchange.
The kingdom, one of the world's biggest polluters, said it would also join a global effort to cut methane emissions by 30 percent by 2030.
Abu Dhabi National Oil Company also disclosed for the first time the emissions from its operations, which reached about 24 million metric tons of carbon dioxide equivalent in 2022.
In an exclusive interview, Turkish Presidential Communications Director Prof. Fahrettin Altun explains why Türkiye wants to solidify ties with Qatar and the Gulf states, as President Erdogan's Gulf tour focuses on regional integration and stability.
In-depth: The proliferation of domestic drone production in the region has changed the geopolitical landscape and reengineered battlefield dynamics, but with potentially destabilising consequences.