The UAE and Austria signed a preliminary agreement on Monday to boost collaboration in the hydrogen technology industry.
The deal, signed by the UAE Ministry of Industry and Advanced Technology and Federal (MoIAT) and Austria’s Federal Ministry of Finance, will help drive growth in their respective countries in priority sectors such as energy, MoIAT said.
The collaboration comes after a Comprehensive Strategic Partnership signed by the two countries last July to bolster collaboration.
The move aims to “establish a comprehensive collaboration in hydrogen technology, which will build on the strengths of each party and contribute to the UAE’s position as a leading global energy producer”, said Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and managing director and group chief executive of Adnoc.
[This agreement will] contribute to building a sustainable and diversified economy that will make the UAE an international model for sustainable economic development
Dr Sultan Al Jaber,
Minister of Industry and Advanced Technology
“The agreement is also in line with the UAE’s commitment to net-zero emissions by 2050 through the deployment and use of clean energy solutions.”
The UAE and other countries across the Middle East and North Africa region are pursuing plans to incorporate hydrogen into their energy mix and tap into the clean fuel for different industrial applications.
Last year, Adnoc, Mubadala Investment Company and Abu Dhabi holding company ADQ formed an alliance to develop a global hydrogen hub.
Austria's SAN Group said last month it would invest Dh12 million ($3.3m) to build a green hydrogen and farming subsidiary in Ras Al Khaimah Economic Zone, with the centre expected to be fully operational by the end of this year.
The UAE is also looking to export hydrogen as demand increases amid the energy transition. It aims to capture 25 per cent of the global hydrogen market share.
The UAE-Austria partnership will develop a joint road map to support the acceleration of the use of hydrogen in sectors such as utilities, mobility and industry through their respective operating companies, a statement said.
“It is our shared objective to meet the growing global energy demand while reducing carbon emissions. The UAE offers ideal conditions for green hydrogen production, while Austria has decades-long experience in gas transport and storage as well as the required infrastructure,” said Elisabeth Koestinger, Austria’s Federal Minister of Agriculture, Regions and Tourism.
The move aims to boost collaboration across the entire hydrogen ecosystem, including production, storage, conversion, transport, trade, reconversion and utilisation of clean hydrogen, as well as manufacturing and services along the value chain, and joint research and development activities, the statement said.
This agreement will help strengthen the UAE’s position among the top industrial countries in the world, and “contribute to building a sustainable and diversified economy that will make the UAE an international model for sustainable economic development”, Dr Al Jaber said.
“To achieve this, we must focus on enhancing investment incentives, accessibility of resources and a strong infrastructure."
World Cricket League Division 2
In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.
UAE fixtures
Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final
The biog
Name: Atheja Ali Busaibah
Date of birth: 15 November, 1951
Favourite books: Ihsan Abdel Quddous books, such as “The Sun will Never Set”
Hobbies: Reading and writing poetry
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Liverpool's all-time goalscorers
Ian Rush 346
Roger Hunt 285
Mohamed Salah 250
Gordon Hodgson 241
Billy Liddell 228
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Fringe@Four Line-up
October 1 - Phil Nichol (stand-up comedy)
October 29 - Mandy Knight (stand-up comedy)
November 5 - Sinatra Raw (Fringe theatre)
November 8 - Imah Dumagay & Sundeep Fernandes (stand-up comedy)
November 13 - Gordon Southern (stand-up comedy)
November 22 - In Loyal Company (Fringe theatre)
November 29 - Peter Searles (comedy / theatre)
December 5 - Sinatra’s Christmas Under The Stars (music / dinner show)
At Eternity’s Gate
Director: Julian Schnabel
Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen
Three stars
Bert van Marwijk factfile
Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder
Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia
Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands