UAE Focus

The total investments by the Abu Dhabi government in the renewable energy sector has surged to Dh8 billion ($2.17 billion), thus reflecting positively on the sustainability of the industry for future generations, said a senior UAE government official.

Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has announced that commissioning of its new Al Taweelah alumina refinery has entered its final stages.

The Emirates Authority for Standardisation and Metrology (ESMA) has announced that the UAE is currently developing regional regulations for air-conditioning systems with regard to energy consumption in the GCC countries.

The world’s first commercial hyperloop system, which is set to open in Abu Dhabi in 2020, will cost between $20 million and $40 million per kilometre, said Bibop Gresta, chairman of Hyperloop Transportation Technologies.

Abu Dhabi Power Corporation (ADPC) entered into a strategic partnership with Mubadala Investment Company and Abu Dhabi Future Energy Company (Masdar) during a signing ceremony held at Abu Dhabi Sustainability Week 2019 last month.

Dubai Municipality (DM) is currently implementing key infrastructure development projects worth Dh6.5 billion ($1.76 billion) including the Dubai Deep Tunnel Storm Water System and the world’s largest single waste-to-energy plant in the emirate.

UAE-based Al Ahli Holding Group (AAHG) has signed an agreement with Sony Professional Solutions MEA for the development of the media sector and community within Nomad, a first-of-a-kind purpose-built ecosystem in Dubai.

HSBC Bank has announced the official opening of its new UAE headquarters built at an investment of $250 million in Downtown Dubai. The HSBC Tower, which boasts 236,000 sq ft of workspace, is one of the world’s most sustainable buildings.

Dubai Electricity and Water Authority (Dewa) has created a new record by cutting the losses in its water networks to 6.6 per cent, compared to 15 per cent in North America, thus making it one of the lowest in the world. The new achievement shows how Dubai Government organisations are surpassing their global counterparts, said a top official.

Dubai-based Viva City has announced the completion of the first floor of its Sport Society mall – the world’s largest retail destination for sports. Construction is on track on the landmark project being developed in the Mirdif area of Dubai and is set for completion by the end of 2019.

GE and Japan’s Sumitomo Corporation have reached a public-private partnership milestone by signing a 25-year power purchase agreement (PPA) with the Sharjah Electricity and Water Authority (Sewa) to develop, build and operate the first independent power plant (IPP) in Sharjah.

American Concrete Institute (ACI), a leading authority and resource worldwide for the development of concrete, has opened its regional office in Dubai. The grand opening last month marked the institute’s first physical presence outside the US since its inception in 1904, said the ACI.

Dubai World Trade Centre said it has completed ahead of schedule the last phase of the commercial and retail development at its One Central, a mixed-use development coming up in the heart of Dubai’s central business district, with the delivery of  The Offices 4 and 5.

Work on the Museum of the Future in Dubai, is progressing at a steady pace and the iconic landmark is on track for opening in 2020, said a report.  The construction site was visited by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, as part of his project supervision work.

Pearl of Sharjah project launched Sharjah’s Environment and Protected Areas Authority (EPAA) has joined hands with Emirates Nature-WWF, and the Emirates Marine Environmental Group (EMEG) to launch the Pearl of Sharjah development on Sir Bu Nair (SBN) Island, a three-year project aimed at preserving the island’s marine ecosystems and ra