Tadweer is the sole company responsible for waste management in Abu Dhabi. Photo: Tadweer
Tadweer is the sole company responsible for waste management in Abu Dhabi. Photo: Tadweer
Tadweer is the sole company responsible for waste management in Abu Dhabi. Photo: Tadweer
Tadweer is the sole company responsible for waste management in Abu Dhabi. Photo: Tadweer

Abu Dhabi adds waste management company Tadweer to ADQ portfolio


Sarmad Khan
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  • Arabic

Abu Dhabi's ADQ, one of the biggest holding companies in the region, has added Abu Dhabi Waste Management, better known as Tadweer, to its energy and utilities portfolio as it continues to diversify its assets.

The ownership of Tadweer was transferred to ADQ by the Abu Dhabi government after its conversion into a public joint stock company, ADQ said on Friday.

The addition of Tadweer complements ADQ’s efforts to shape the nation’s sustainable future and build an integrated portfolio of global champions within their diversified clusters.

The transfer further solidifies the holding company’s position in supporting the circular economy and driving “excellence across its expanding asset portfolio”, ADQ said.

“Waste management is a cornerstone of a circular economy, which contributes to a more sustainable future for the UAE,” said Hamad Al Hammadi, executive director of the energy and utilities portfolio at ADQ.

“Tadweer is a valuable addition to our energy and utilities portfolio, particularly as it plays a vital role in extracting value through recycling and the reuse of waste.

Tadweer adds to ADQ’s efforts and its investments across key clusters in the local economy that are already “contributing to a sustainable environment.”

ADQ’s energy and utilities portfolio includes assets including Abu Dhabi National Energy Company, better known as Taqa, the Emirates Nuclear Energy Corporation, better known as Ewec, the Emirates Water and Electricity Company and the Abu Dhabi Sewerage Services Company.

Tadweer is the sole company handling waste management in the emirate of Abu Dhabi. It aims to develop an integrated waste management sector and extract value from waste to contribute to national sustainability ambitions.

“Becoming part of the ADQ portfolio is a key milestone on our journey to transform Abu Dhabi’s approach to waste management,” said Tadweer's acting director general Ali Al Dhaheri.

“Developing an integrated waste management sector remains fundamentally important to Abu Dhabi and the health and safety of its community.”

Tadweer has been raising awareness of the environmental and economic impact of waste in recent years. Antonie Robertson / The National
Tadweer has been raising awareness of the environmental and economic impact of waste in recent years. Antonie Robertson / The National

Being part of Abu Dhabi’s largest portfolio of energy and utilities investments under the ADQ banner will strengthen “our proposition, help us forge new partnerships with its portfolio companies and achieve our goal of significantly reducing waste in landfills over the next decade”, Mr Al Dhaheri said.

The UAE plans to invest Dh600 billion ($163 billion) in clean and renewable energy sources in the next three decades as part of its Net Zero 2050 strategy.

National champions such as Taqa, one of the largest utilities and clean energy companies in the world, Ewec and Tadweer are leading Abu Dhabi’s efforts to develop a clean and sustainable economy as the country’s carries out its plans for the next 50 years of growth.

In July, Ewec and Tadweer issued a request for proposals for a new greenfield waste-to-energy independent power project being built in Abu Dhabi.

A total of 109 companies and consortiums presented their expressions of interest for the project. Proposals will be accepted until the fourth quarter of 2022, the companies said at the time.

The waste-to-energy plant will help to reduce carbon emissions from traditional waste management and will support the UAE's net-zero goals.

Established in 2018, ADQ’s investments span key sectors, including energy and utilities, food and agriculture, health care and life sciences, and transport and logistics.

School counsellors on mental well-being

Schools counsellors in Abu Dhabi have put a number of provisions in place to help support pupils returning to the classroom next week.

Many children will resume in-person lessons for the first time in 10 months and parents previously raised concerns about the long-term effects of distance learning.

Schools leaders and counsellors said extra support will be offered to anyone that needs it. Additionally, heads of years will be on hand to offer advice or coping mechanisms to ease any concerns.

“Anxiety this time round has really spiralled, more so than from the first lockdown at the beginning of the pandemic,” said Priya Mitchell, counsellor at The British School Al Khubairat in Abu Dhabi.

“Some have got used to being at home don’t want to go back, while others are desperate to get back.

“We have seen an increase in depressive symptoms, especially with older pupils, and self-harm is starting younger.

“It is worrying and has taught us how important it is that we prioritise mental well-being.”

Ms Mitchell said she was liaising more with heads of year so they can support and offer advice to pupils if the demand is there.

The school will also carry out mental well-being checks so they can pick up on any behavioural patterns and put interventions in place to help pupils.

At Raha International School, the well-being team has provided parents with assessment surveys to see how they can support students at home to transition back to school.

“They have created a Well-being Resource Bank that parents have access to on information on various domains of mental health for students and families,” a team member said.

“Our pastoral team have been working with students to help ease the transition and reduce anxiety that [pupils] may experience after some have been nearly a year off campus.

"Special secondary tutorial classes have also focused on preparing students for their return; going over new guidelines, expectations and daily schedules.”

The biog

Name: Marie Byrne

Nationality: Irish

Favourite film: The Shawshank Redemption

Book: Seagull by Jonathan Livingston

Life lesson: A person is not old until regret takes the place of their dreams

Formula One top 10 drivers' standings after Japan

1. Lewis Hamilton, Mercedes 306
2. Sebastian Vettel, Ferrari 247
3. Valtteri Bottas, Mercedes 234
4. Daniel Ricciardo, Red Bull 192
5. Kimi Raikkonen, Ferrari 148
6. Max Verstappen, Red Bull 111
7. Sergio Perez, Force India 82
8. Esteban Ocon, Force India 65
9. Carlos Sainz Jr, Toro Rosso 48
10. Nico Hulkenberg, Renault 34

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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'Ashkal'
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The finalists

Player of the Century, 2001-2020: Cristiano Ronaldo (Juventus), Lionel Messi (Barcelona), Mohamed Salah (Liverpool), Ronaldinho

Coach of the Century, 2001-2020: Pep Guardiola (Manchester City), Jose Mourinho (Tottenham Hotspur), Zinedine Zidane (Real Madrid), Sir Alex Ferguson

Club of the Century, 2001-2020: Al Ahly (Egypt), Bayern Munich (Germany), Barcelona (Spain), Real Madrid (Spain)

Player of the Year: Cristiano Ronaldo, Lionel Messi, Robert Lewandowski (Bayern Munich)

Club of the Year: Bayern Munich, Liverpool, Real Madrid

Coach of the Year: Gian Piero Gasperini (Atalanta), Hans-Dieter Flick (Bayern Munich), Jurgen Klopp (Liverpool)

Agent of the Century, 2001-2020: Giovanni Branchini, Jorge Mendes, Mino Raiola

EA Sports FC 25
MATCH INFO

Champions League quarter-final, first leg

Ajax v Juventus, Wednesday, 11pm (UAE)

Match on BeIN Sports

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Updated: December 16, 2022, 7:29 AM