ABU DHABI – – The United Arab Emirates grew its renewable energy portfolio by more than 400% in the last 10 years, and is on track to double that again in the coming decade, Abu Dhabi National Oil Co. chief executive Sultan Al-Jaber said on Monday.
“We (ADNOC) will increase our carbon capture utilization and storage program by 500%…to capture the same amount of CO2 as 5 million acres of forest”, Jaber also told a sustainable energy event in the United Arab Emirates capital Abu Dhabi.
ADNOC will reduce greenhouse gas intensity by an additional 25%. In order to do this, ADNOC said in a statement it would expand the capacity of its Al Reyadah carbon capture, utilization and storage facility, aiming to reach 5 million tons
of carbon dioxide per year by 2030.
ADNOC will also limit fresh water consumption to below 0.5% of total water use.
Indonesian President Joko Widodo, visiting Abu Dhabi for the sustainability event, called for more investments in clean energy in his country and said its new capital, currently under construction, would adopt a environmentally friendly and low carbon lifestyle.
“Climate change and environmental challenges will define this century”, he told the conference.
Indonesia signed 11 business deals with the United Arab Emirates worth a combined $23 billion covering investment in energy and other sectors, Widodo said via his Twitter account on Monday.
RIYADH | SAUDI ARABIA – – Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, met Thursday with U.S. Secretary of State Mike Pompeo. During the meeting, they reviewed aspects of bilateral relations, the various areas of cooperation between the two friendly countries and opportunities for enhancing … Continue reading BREAKING NEWS | Saudi Crown Prince Meets With U.S. Secretary Of State→
RIYADH | SAUDI ARABIA – U.S. Secretary of State Mike Pompeo will meet with King Salman, Crown Prince Mohammad Bin Salman and Foreign Minister Faisal bin Farhan during a three-day visit to Saudi Arabia sarting on Wednesday, the U.S. State Department said.
DUBAI | UAE – Christie’s Dubai is set to hold its 19th auction on April 11 at the new Mandarin Oriental Hotel. This edition brings with it the largest selection of watches ever offered in the region, with approximately 200 lots dating from the 1930 to 2019.
RIYADH | SAUDI ARABIA – – The Saudi Cabinet stressed on Tuesday that Riyadh will continue to provide humanitarian aid to the Yemeni people through the King Salman Humanitarian Aid and Relief Center. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Riyadh. Media Minister Turki … Continue reading BREAKING NEWS | Saudi Arabia Continues To Support Yemeni People→
JEDDAH | SAUDI ARABIA – – The Saudi Standards, Metrology and Quality Organization (SASO) is organizing the seventh National Quality Conference from Feb.25 to Feb.27, the Saudi Press Agency reported. The event is being held under the patronage of Majid Al-Qasabi, minister of commerce and investment, at the Ritz-Carlton hotel in Jeddah. The ‘Quality in … Continue reading SAUDI ARABIA | Jeddah To Host 7th National Quality Conference→
ABU DHABI | UAE – – The Emirates Foundation and the Saudi Arabia Pavilion at Expo 2020 Dubai, have signed a Memorandum of Understanding to launch an integrated programme that provides volunteering opportunities for Saudi youth based in the UAE. In line with the youth capacity building of synergy, the volunteers will receive mentoring and … Continue reading SAUDI ARABIA | Saudi Youth To Volunteer At Expo 2020 Dubai→
PARIS | FRANCE – – L’Oréal can expect even more flair at Expo 2020 at the event names L’Oréal as its official beauty products and services partner. L’Oréal is removed the world over for its best-selling cosmetics and fragrances and the international talent it work with. Through immersive experiences, including beauty shows, dedicated salons, pop-up … Continue reading BUSINESS | L’Oréal Signs On As Latest Expo 2020 Partner→
RIYADH | SAUDI ARABIA – – Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, met in Riyadh today with President Borge Brende of the World Economic Forum (DAVOS). During the meeting, they reviewed a number of issues related to global and regional economic developments, in addition … Continue reading BREAKING NEWS | Saudi Crown Prince Meets With DAVOS President→