Abu Dhabi, United Arab Emirates, March 16, 2016:     General view of Shams1 solar power plant in the Western Region of Abu Dhabi south of Madinat Zayed on March 16, 2016. Christopher Pike / The National

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Total has been a leader in the most recent investment by energy majors in renewables, with the French firm participating in Abu Dhabi's Shams 1 solar plant. Christopher Pike / The National

Sustainability will top the agenda next week, and with good reason



Delegates from more than 170 countries will congregate in Abu Dhabi on Saturday as the Middle East’s largest sustainability conference gets underway. The 2018 session of the Abu Dhabi Sustainability Week (ADSW) will again accommodate crucial discussion on economic, social and environmental sustainability across the globe. Energy transformation will top this year’s agenda, with particular emphasis on urbanisation, mobility and digitisation.

Leaders of nations, business and science will be present at the event that last year welcomed 38,000 attendees and more than 800 companies, interacting in 101 official languages. The eighth session of the International Renewable Energy Agency assembly will begin on Saturday. The World Future Energy Summit will open on Monday. The International Water Summit starts on Tuesday. ADSW 2018 will have particular resonance as it falls on the 100-year anniversary of the birth of the UAE's founding father, Sheikh Zayed. It also marks a decade since the establishment of the Zayed Future Energy Prize, which has rewarded 57 global pioneers of sustainability thus far, including former US vice president Al Gore in 2015. Dedicated youth panels this year demonstrate clear long-term intent.

Efforts by some to lessen this country's record on climate change overlook the strides it has made. The UAE was the first country in the region to establish targets for renewable energy. Thereafter, the Vision 2021 plan has put environmental and infrastructure sustainability at the heart of the national agenda. The government has expressed a need to generate 27 per cent of the country's energy from clean sources and reduce oil consumption to 5 tonnes per capita by 2021. The Barakah nuclear power plant near Abu Dhabi – the UAE's first – should be fully operational in 2020, while the Shams-1 solar plant and the Sir Bani Yas wind farm –which boasts the world's largest wind turbine – are already active. Masdar, which will host the ADSW 2018, has made huge investments in offshore wind farms.

Nevertheless, there is still work to be done. Currently the UAE sits in 40th place in the Energy Trilemma Index, which ranks countries according to sustainable energy capacity. Given this country's swift growth, and the unrest that so often emerges from resource scarcity, the stakes could not be higher. The UAE should continue to put sustainability at the heart of its transition to a post-oil economy, for the sake of its citizens and the region. And the invaluable dialogue that will characterise next week's ADSW should go a long way towards ensuring its progressive trajectory is maintained.

Drishyam 2

Directed by: Jeethu Joseph

Starring: Mohanlal, Meena, Ansiba, Murali Gopy

Rating: 4 stars

The specs: Macan Turbo

Engine: Dual synchronous electric motors
Power: 639hp
Torque: 1,130Nm
Transmission: Single-speed automatic
Touring range: 591km
Price: From Dh412,500
On sale: Deliveries start in October

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

‘FSO Safer’ - a ticking bomb

The Safer has been moored off the Yemeni coast of Ras Issa since 1988.
The Houthis have been blockading UN efforts to inspect and maintain the vessel since 2015, when the war between the group and the Yemen government, backed by the Saudi-led coalition began.
Since then, a handful of people acting as a skeleton crew, have performed rudimentary maintenance work to keep the Safer intact.
The Safer is connected to a pipeline from the oil-rich city of Marib, and was once a hub for the storage and export of crude oil.

The Safer’s environmental and humanitarian impact may extend well beyond Yemen, experts believe, into the surrounding waters of Saudi Arabia, Djibouti and Eritrea, impacting marine-life and vital infrastructure like desalination plans and fishing ports. 

'Midnights'

Artist: Taylor Swift

Label: Republic Records

Rating: 4/5

About Housecall

Date started: July 2020

Founders: Omar and Humaid Alzaabi

Based: Abu Dhabi

Sector: HealthTech

# of staff: 10

Funding to date: Self-funded

The US Congress, explained

- US Congress is divided into two chambers: the House of Representatives and Senate

- 435 members make up the House, and 100 in the Senate

- A party needs control of 218 seats to have a majority in the House

- In the Senate, a party needs to hold 51 seats for control

- In the event of a 50-50 split, the vice president's party retains power in the Senate

Company Profile

Name: Takestep
Started: March 2018
Founders: Mohamed Khashaba, Mohamed Abdallah, Mohamed Adel Wafiq and Ayman Taha
Based: Cairo, Egypt
Sector: health technology
Employees: 11 full time and 22 part time
Investment stage: pre-Series A

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

The specs: 2024 Mercedes E200

Engine: 2.0-litre four-cyl turbo + mild hybrid
Power: 204hp at 5,800rpm +23hp hybrid boost
Torque: 320Nm at 1,800rpm +205Nm hybrid boost
Transmission: 9-speed auto
Fuel consumption: 7.3L/100km
On sale: November/December
Price: From Dh205,000 (estimate)

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat

The Roundup

Director: Lee Sang-yong
Stars: Ma Dong-seok, Sukku Son, Choi Gwi-hwa
Rating: 4/5

Zidane's managerial achievements

La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5

Heavily-sugared soft drinks slip through the tax net

Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.

Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.

A 680ml can of Arizona Iced Tea costs just Dh6.

Most sports drinks sold in supermarkets were found to contain, on average, five teaspoons of sugar in a 500ml bottle.

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends