The UAE’s first electric vehicle brand, Rabdan, will not only advance the country’s industrial sector but will also boost its contribution to gross domestic product and net zero commitments, Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Cop28 President-designate, has said.
Dr Al Jaber was visiting NWTN, the UAE electric car maker that produces the Rabdan in Khalifa Economic Zones in Abu Dhabi.
“The Rabdan brand embodies the ambitious and forward-looking vision of the UAE’s leadership to innovate and advance the industrial sector and enhance its contribution to GDP and net zero commitments,” said Dr Al Jaber, who is also UAE Special Envoy on Climate Change.
“The company operates in a key sector within the national economy, making it a fundamental contributor to the UAE’s climate neutrality goals, sustainable development, and the objectives of the National Strategy for Industry and Advanced Technology,” he added.
Dr Al Jaber’s visits “come as part of the field tours undertaken by [him] to follow up on the development in the industrial sector, and to discuss means of supporting and attracting investors to benefit from the competitive advantages that the UAE offers,” the Ministry of Industry and Advanced Technology said.
NWTN specialises in environmentally friendly technology and mobility.
“The company’s car assembly facility is helping to meet the growing demand for electric vehicles in the UAE and the Middle East region, in addition to promoting green mobility and accelerating the country’s energy transition,” the ministry said.
The Rabdan 1 is a multi-use all-wheel drive sports car.
The car can achieve a maximum range of 860 kilometres while saving energy and reducing emissions.
A dual-motor system produces 684 horsepower, and 1040 Nm torque, while acceleration from 0 to 100kph takes 4.5 seconds.
Dr Al Jaber also inaugurated Standard Carpets Industries’ new factory Standard Turf at Dubai Industrial City, a member of Tecom group.
Standard Carpets is one of the world's largest producers and exporters of carpets, rugs, and artificial grass.
“The ministry plays a strategic role in enhancing the growth and development of the national industrial sector, supporting it to adopt 4IR (Fourth Industrial Revolution) solutions in line with the objectives of the National Strategy for Industry and Advanced Technology,” Dr Al Jaber said.
He also stressed the importance of the role played by industrial cities and zones in the country.
Standard Carpets has been based at Dubai Industrial City since 2013. In 2021, the company expanded its operations to increase production capacity by introducing two new product lines – grass carpets and hard flooring.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
The biog
Family: Parents and four sisters
Education: Bachelor’s degree in business management and marketing at American University of Sharjah
A self-confessed foodie, she enjoys trying out new cuisines, her current favourite is the poke superfood bowls
Likes reading: autobiographies and fiction
Favourite holiday destination: Italy
Posts information about challenges, events, runs in other emirates on the group's Instagram account @Anagowrunning
Has created a database of Emirati and GCC sportspeople on Instagram @abeermk, highlight: Athletes
Apart from training, also talks to women about nutrition, healthy lifestyle, diabetes, cholesterol, blood pressure
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Hydrogen: Market potential
Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.
"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.
Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.
The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.
UAE currency: the story behind the money in your pockets
Oppenheimer
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Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Bio
Born in Dubai in 1994
Her father is a retired Emirati police officer and her mother is originally from Kuwait
She Graduated from the American University of Sharjah in 2015 and is currently working on her Masters in Communication from the University of Sharjah.
Her favourite film is Pacific Rim, directed by Guillermo del Toro
List of officials:
Referees: Chris Broad, David Boon, Jeff Crowe, Andy Pycroft, Ranjan Madugalle and Richie Richardson.
Umpires: Aleem Dar, Kumara Dharmasena, Marais Erasmus, Chris Gaffaney, Ian Gould, Richard Illingworth, Richard Kettleborough, Nigel Llong, Bruce Oxenford, Ruchira Palliyaguruge, Sundaram Ravi, Paul Reiffel, Rod Tucker, Michael Gough, Joel Wilson and Paul Wilson.
Zayed Sustainability Prize
KEY HIGHLIGHTS
Healthcare spending to double to $2.2 trillion rupees
Launched a 641billion-rupee federal health scheme
Allotted 200 billion rupees for the recapitalisation of state-run banks
Around 1.75 trillion rupees allotted for privatisation and stake sales in state-owned assets
The biog
Simon Nadim has completed 7,000 dives.
The hardest dive in the UAE is the German U-boat 110m down off the Fujairah coast.
As a child, he loved the documentaries of Jacques Cousteau
He also led a team that discovered the long-lost portion of the Ines oil tanker.
If you are interested in diving, he runs the XR Hub Dive Centre in Fujairah
Bio:
Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour
Favourite Hobby: Serving poor people
Favourite Book: The Alchemist by Paulo Coelho
Favourite food: Fish and vegetables
Favourite place to visit: London
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
UAE currency: the story behind the money in your pockets