Abu Dhabi Investment Office is investment in AgTech companies is expected to create hundreds of high-skilled jobs over the next three years. Victor Besa / The National.
Abu Dhabi Investment Office is investment in AgTech companies is expected to create hundreds of high-skilled jobs over the next three years. Victor Besa / The National.
Abu Dhabi Investment Office is investment in AgTech companies is expected to create hundreds of high-skilled jobs over the next three years. Victor Besa / The National.
Abu Dhabi Investment Office is investment in AgTech companies is expected to create hundreds of high-skilled jobs over the next three years. Victor Besa / The National.

AD Power signs deal on energy efficiency programmes in schools


Fareed Rahman
  • English
  • Arabic

Abu Dhabi Power Corporation (AD Power) signed a preliminary agreement with the UAE Ministry of Education, whereby its subsidiary, Abu Dhabi Energy Services, will look at the implementation of energy efficiency programmes in schools in Abu Dhabi.

Ades will conduct surveys and analysis to assess consumption patterns. It will also propose and implement effective conservation and cost-saving methods. This includes the potential for retrofitting buildings with systems that help reduce water and energy consumption.

“This MoU is the first of many opportunities for AD Power’s new subsidiary,"  said Jasim Husain Thabet, chief executive and managing director of AD Power in a statement on Tuesday. "As the energy savings market develops, Ades will continue to work with both public and private sector partners to implement programmes that are environmentally friendly and economically sound.”

AD Power announced the start of Ades during Abu Dhabi Sustainability Week earlier this month. The company aims to support the growth of the energy services market and meet the increasing need for energy-efficient solutions in Abu Dhabi.

The agreement “represents our modern vision for a sustainable Emirati school system, where best practices in sustainability and energy efficiency are standard practice," said Abdul Rahman Al Hammadi, undersecretary of the Ministry of Education.

"It is the first step to realising this vision, which we expect will help drive significant reductions in water and energy consumption in schools, as well as influence individuals to be more conscious when it comes to their consumption."

The latest collaboration with Abu Dhabi Energy Services will support the UAE’s sustainability agenda and Abu Dhabi's Demand Side Management and Energy Rationalisation Strategy 2030, he added.

Created in 2019, Abu Dhabi Power Corporation oversees the financial and operational performance of Abu Dhabi’s water and electricity sector. The company’s other subsidiaries include Emirates Water and Electricity Company, Abu Dhabi Transmission and Despatch Company, Abu Dhabi Distribution Company, Al Ain Distribution Company, Al Mirfa Power Company, and Abu Dhabi National Energy Company, also known as Taqa.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Mica

Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

Europa League group stage draw

Group A: Villarreal, Maccabi Tel Aviv, Astana, Slavia Prague.
Group B: Dynamo Kiev, Young Boys, Partizan Belgrade, Skenderbeu.
Group C: Sporting Braga, Ludogorets, Hoffenheim, Istanbul Basaksehir.
Group D: AC Milan, Austria Vienna , Rijeka, AEK Athens.
Group E: Lyon, Everton, Atalanta, Apollon Limassol.
Group F: FC Copenhagen, Lokomotiv Moscow, Sheriff Tiraspol, FC Zlin.
Group G: Vitoria Plzen, Steaua Bucarest, Hapoel Beer-Sheva, FC Lugano.
Group H: Arsenal, BATE Borisov, Cologne, Red Star Belgrade.
Group I: Salzburg, Marseille, Vitoria Guimaraes, Konyaspor.
Group J: Athletic Bilbao, Hertha Berlin, Zorya Luhansk, Ostersund.
Group K: Lazio, Nice, Zulte Waregem, Vitesse Arnhem.
Group L: Zenit St Petersburg, Real Sociedad, Rosenborg, Vardar

The years Ramadan fell in May

1987

1954

1921

1888

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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

SQUADS

South Africa:
Faf du Plessis (capt), Hashim Amla, Temba Bavuma, Farhaan Behardien, Quinton de Kock (wkt), AB de Villiers, JP Duminy, Imran Tahir, David Miller, Wayne Parnell, Dane Paterson, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada
Coach: Ottis Gibson

Bangladesh:
Mashrafe Mortaza (capt), Imrul Kayes, Liton Das (wkt), Mahmudullah, Mehidy Hasan, Mohammad Saifuddin, Mominul Haque, Mushfiqur Rahim (wkt), Mustafizur Rahman, Nasir Hossain, Rubel Hossain, Sabbir Rahman, Shakib Al Hasan, Soumya Sarkar, Tamim Iqbal, Taskin Ahmed.
Coach: Chandika Hathurusingha

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million