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According to the report, HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), and HE Saif Humaid Al Falasi, CEO of ENOC Group, signed a Memorandum of Understanding (MoU) between DEWA and Enoc to cooperate in a feasibility study.
MoU is formed to establish, develop and operate a joint integrated pilot project for the use of hydrogen in mobility. This proposed project will take advantage of DEWA’s existing green hydrogen production facility in the Mohammed bin Rashid Al Maktoum Solar Park and ENOC’s knowledge of the fuel market and reach to customers.
Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, has appointed Hussain Al Khater as Managing Director for Saudi Arabia, said the report.
His appointment marks the latest milestone in the company’s more than 50-year commitment to Saudi Arabia’s long-term growth strategy, playing a vital role in the Kingdom’s expanding energy and chemicals supply chain.
A report says, Abu Dhabi Fund for Development (ADFD) and the International Finance Corporation (IFC), a member of the World Bank Group, signed a Memorandum of Cooperation during the World Government Summit.
To support investments in emerging markets related to the clean energy transition, climate mitigation and adaptation, the adoption of clean technologies, and food security amongst others.
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, returns to the Egypt Petroleum Show (EGYPS) 2023 with the latest digital solutions for responsible use of the world’s resources.
According to the report, Schneider Electric, AVEVA will showcase how connected industrial ecosystems harness data to support innovation and improve business performance for sustainability in the energy industry.
AVEVA brings its unparalleled portfolio of world-class digital software to EGYPS 2023, including popular asset performance management solutions and value chain optimisation products, as well as the market-leading AVEVA digital twin technology.
The World Government Summit (WGS) today launched a report titled “Governing the Metaverse,” in partnership with consulting firm Arthur D. Little, said the report.
The report reveals significant opportunities presented by the Metaverse in fields such as energy and utilities, healthcare, manufacturing and education, and proposes key policy recommendations to steer governance towards a sustainable ecosystem, drive investment solutions and empower communities in virtual or augmented reality environments.
Clarity AI, the leading global sustainability tech platform, has signed a Memorandum of Understanding (MOU) with the Saudi Tadawul Group, the largest stock exchange in the Middle East and North Africa (MENA) region.
According to the report, MoU is signed with a market capitalization nearing $3 trillion, to facilitate the education of companies in the Kingdom of Saudi Arabia and the broader MENA region on relevant sustainability topics.
"Our mission is to bring societal impact to markets, and we are thrilled to be in an understanding to do that with the Saudi Tadawul Group, which sits at the center of company communication for trillions of dollars of market capitalization trading in MENA," said Rebeca Minguela, Founder and CEO of Clarity AI. "This position represents a strong opportunity for us to help bring additional tech-powered sustainability capabilities to these global corporations."
According to Cem Saral, CEO of Cockett Marine, achieving 2015 Paris climate targets may be out of reach despite policy and technology advances, reported the Middle East Bunkering Convention 2023, in Dubai.
“Increased intensity on global emissions legislation is the key to driving infrastructure and innovation,” he told the event last week.
He cited data from the Sixth Assessment Report by the Intergovernmental Panel on Climate Change (IPCC) to show that even in optimistic scenarios, achieving the target of limiting global warming to only 1.5°C above pre-industrial levels was unlikely to be achieved, although a target of under 2.0°C could be, said the report.
According to the media, ESG (Environmental, social, and governance), CSR (Corporate social responsibility) and terms such as climate action has gained more significance than ever before in UAE.
After 2023 having been declared by the country as the ‘Year of Sustainability’.
And with the UAE gearing up to host COP28.
A report says, Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), highlighted Dubai's efforts in addressing the challenges of climate change, in the presence of a large number of VIPs, and officials from the government and private sectors.
In his speech, titled “What we offer to COP 28” on the second day of the World Government Summit 2023, Al Tayer emphasised that the World Government Summit has become a distinguished global event and a comprehensive knowledge platform for anticipating and shaping the future.
According to the report, the Dubai Electricity and Water Authority (DEWA) announced in a statement that 1,113 11-kV substations will be commissioned across the Emirate of Dubai by 2022.