Melbourne Australia has been ranked as the seventh top polluter mainly due to carbon emissions, a report said.

Conservation group World Wildlife Fund (WWF) in its report said the spiralling global population and over-consumption are threatening the future health of the planet, ABC news reported. WWF released this year's Living Planet report, which has estimated humans are using 50 per cent more resources than the planet can provide.

The Kuwaiti Fund has approved a soft loan worth US$ 30 million to construct the 30 MW Budhi Ganga hydropower project located in western Nepal. “We have just received the approval letter for the loan from the Kuwaiti Fund,” a senior Finance Ministry official said.

Every 17 seconds a person in the world is diagnosed with diabetes, it kills more people than HIV/AIDS and breast cancer combined, and an estimated 183 million people are unaware that they have diabetes. Diabetes is rife in Kuwait. The true incidence is not accurately known but what is certain is the fact that it is one of the highest in the world. It transcends race, gender, age and social status, Kuwait Times Reported.

India has the worst air pollution in the entire world, beating China, Pakistan, Nepal and Bangladesh, according to a study released during this year’s World Economic Forum in Davos.

Of 132 countries whose environments were surveyed, India ranks dead last in the ‘Air (effects on human health)’ ranking. The annual study, the Environmental Performance Index, is conducted and written by environmental research centers at Yale and Columbia universities with assistance from dozens of outside scientists. The study uses satellite data to measure air pollution concentrations.

Gulf Cooperation Council (GCC) countries are set to spend around $54 billion in the near future to increase the capacity of their electricity networks by 32,000 MW, a new report has said.

The report issued by the Kuwait Financial Centre (Markaz) indicates that the GCC states — namely Oman, Qatar, Saudi Arabia, Kuwait, the UAE and Bahrain — have taken some giant steps towards developing their electrical power networks, noting that an increase in the Gulf countries’ population and consumption levels played an integral part in creating the demand for these increases.

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), may invest over $1.5 billion in exploring for oil in a block that was awarded to it by the erstwhile Saddam Hussein regime.

"We are nearing finality on the contract for Block-8. It is likely to be signed in next six months," an official said.

President Asif Ali Zardari on Sunday urged the Kuwaiti financial and investment giants to help Pakistan overcome its energy shortages through financing and investments in major energy and infrastructure projects.

The president was talking to Director General of Kuwait Fund for Arab Economic Development (KFAED) Abdulwahab Ahmad Al-Bader and Chief Executive Officer (CEO) of Kuwait Investment Auth

Kuwait firm evinced interest in partnering ONGC in bidding for blocks to be offe- red for exploration of oil and gas.
Oil and Natural Gas Corp on Tuesday offered Kuwaiti national oil firm a stake in its `19,500-crore mega petrochemical project in Gujarat, even as the oil-rich Gulf nation expressed a desire to bid with the Indian firm in the forthcoming round of NELP.

"We discussed strategic pa

The Arab world will be one of the regions worst hit by climate change but still lacks any coordinated response to its potentially devastating effects, experts said at a conference this week.

With hotter, drier and less predictable climates, the amount of water running into the region's streams and rivers is set to fall 20 to 30 percent by 2050, worsening desertification and food insecurity, the

The drab and dull climate meetings in Bonn finally saw some sparks of excitement on Thursday when the grouping of small island states sparred with oil producing nations led by Saudi Arabia over the need to have a scientific evaluation done on options for restricting the global rise in temperatures to within 1.5 degree from pre-industrial levels.