According to the media, Dubai’s flying taxis are set to take off in the city by 2026 with designs already approved for the upcoming transport’s vertiports.
Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai approved models of stations for the aerial taxi ports being developed by the RTA.
Sheikh Mohammed announced Dubai’s flying taxi plan, following a visit to the World Government Summit 2023.
The blockchain, of course, is a type of shared, immutable ledger that enables us to digitally record transactions and track assets in a business network.
A lot has already been written about the vast amounts of energy consumed by the blockchain, when it is used to verify crypto transactions and record ownership of NFTs, for example. But that awareness is driving new energy sources – such as solar – to power the huge server farms that enable all the crypto mining and transactions, stated the report.
UAE has 1,650 blockchain organisations says crypto firm.
The executive director of the International Energy Agency has called for Middle Eastern countries to accelerate their transition to clean energy.
Fatih Birol, who spoke to The National at Davos last month, said there are two key reasons why now is the right time to speed up the transition, stated the report.
A report says, The World Government Summit today launched a report entitled “Moonshot MENA: Making the Middle East the new cradle of innovation,” in partnership with Strategy& Middle East, part of the PwC network.
According to the report, the report highlights the opportunities for the Middle East and North Africa (MENA) region to become a global force in innovation across a range of areas, including transforming energy into food, space exploration, healthcare, and climate technologies, while outlining critical elements that would be needed to achieve these aspirations.
According to the report, the European Union (EU), through the Horizon Europe Research and Innovation Programme, has awarded €5.3 million.
to the REGACE Consortium to develop and demonstrate an innovative agrivoltaics technology by using CO2 enrichment to increase electricity yields.
ACWA Power, which runs power plants, water desalination plants, and green hydrogen plants all over the world, has said that four separate agreements have been made for the development of new renewable energy in the Republic of Azerbaijan.
In line with ACWA Power’s commitment to lead and enable an energy transition underpinned by its robust public-private partnership model, the company has signed key implementation agreements with the Ministry of Energy and a cooperation agreement with the State Oil Company of Azerbaijan Republic (SOCAR), according to the report.
According to the media, Saudi Arabia’s Public Investment Fund has raised $5.5 billion through its second green bond issuance.
In line with its Green Finance Framework, the sovereign wealth fund will use the money to pay for investments that are good for the environment.