logo
UAE, France explore cooperation in hydrogen, nuclear energy

UAE, France explore cooperation in hydrogen, nuclear energy

Zawya4 days ago

PARIS - A UAE delegation wrapped up a three-day visit to France, where they discussed opportunities for cooperation and exchanged best practices with key French stakeholders to leverage innovative ways to approach upcoming challenges of the energy transition.
The visit was part of the UAE's efforts to build synergies with other countries in driving sustainable development and enhancing energy security. Focus areas included advancements in Sustainable Aviation Fuel (SAF) regulations and infrastructure, hydrogen, nuclear innovation, and decarbonisation strategies.
Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, headed the delegation, which comprised Mohammed Al Hawi, Undersecretary of the Ministry of Investment, as well as representatives of AMMROC, Emirates, General Civil Aviation Authority, Bee'ah, Masdar, Emirates Nuclear Energy Company, Federal Authority for Nuclear Regulation, and Lootah BioFuel.
Eng Al Olama said, 'The UAE and France share a firm commitment to continuous progress, a passion for innovation, and an eagerness to embrace future trends. The tour aimed to support the UAE's clean energy transition by identifying best practices, fostering bilateral cooperation, and equipping delegates with actionable knowledge to advance national sustainability goals.
As a global technology leader, France is at the forefront of coming up with innovative solutions to the most pressing challenges the world faces today and is a valued partner in the UAE's efforts to shape a better future.'
He added, 'I would like to thank all the French officials and private sector representatives whom I met for the warm welcome and hospitality we have received during our trip. I look forward to translating the outcomes of our productive conversations into tangible projects that will help us build sustainable energy systems and accelerate the transition to clean energy, with the ultimate goal of leaving behind a better world for the next generations.'
On day one of the visit to Paris, the delegation participated in a closed meeting at MEDEF International, the leading network of companies in France, with French companies' representatives, led by Ludovic Pouille, Director of Economic Diplomacy at the French Ministry for Europe and Foreign Affairs. The participants explored on-going cooperation projects and ways to expand them.
Furthermore, representatives from both sides provided an overview of the national hydrogen strategy of their respective countries. This was followed by presentations of hydrogen development projects and solutions by leading French energy providers: HY24, EDF Renouvelables, Axens, Engie, Technip Energies, Fives Group, and Dassault Systèmes.
Nuclear energy technologies were also the focus of the meeting, as the delegation received a briefing on the French nuclear value chain, nuclear fuel management and challenges, and latest developments of small modular reactors by leading French nuclear industry and SMR experts from CSFN, ORANO, CEA, Nuward, Newcleo, and Naarea.
At the meeting, Al Olama emphasised that cooperation is essential, reaffirming the UAE's commitment to activating strategic partnerships across the energy sector with France in key areas to strengthen economic partnership and work together towards achieving their decarbonisation targets.
Day two, also spent in Paris, featured a packed agenda of site visits and meetings. The delegation toured the Innovation Hub of Schneider Electric, a leader in digital transformation of energy management and automation. They learned about the company's cutting-edge AI-driven solutions for energy optimisation.
They also visited the R&D labs of Air Liquide, a world leader in gases, technologies, and services for industry and healthcare, where they had a firsthand insight into the company's state-of-the-art technologies.
Furthermore, a representative of the French Civil Aviation Authority outlined the country's regulations and policies regarding the use and promotion of SAF, whereas a member of the UAE delegation presented the national approach to increasing reliance on SAF as a means to decarbonise the aviation sector.
Al Olama enjoyed a lively discussion on the UAE's and France's shared commitment to sustainability with representatives of Airbus, Total Energies, Safran, Bureau Veritas, and Haffner Energy.
On the third and final day of the tour, the delegation moved to the city of Toulouse, where they visited the Airbus mock-up centre and the A350 Final Assembly Line, one of the most modern production sites in the aviation industry. Moreover, they met with UAE graduates having their internship in Airbus.
The UAE and France enjoy long-standing strong ties that were taken to new heights in the past few years.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Security and checkout friction remain top concerns for UAE online shoppers
Security and checkout friction remain top concerns for UAE online shoppers

Khaleej Times

time29 minutes ago

  • Khaleej Times

Security and checkout friction remain top concerns for UAE online shoppers

Security concerns continue to be the leading frustration for 40 per cent of online shoppers in the UAE, while nearly 37 per cent are irritated by the need to manually enter card details during checkout, according to Visa's latest Checkout Friction Report released on Monday. Despite the rapid growth of eCommerce and significant strides in advancing the UAE's digital economy, the report highlights that retailers still have room to improve the online checkout experience and boost customer satisfaction. The findings are based on a survey of 2,016 online shoppers across the GCC, including the UAE, and delve into common pain points in the eCommerce checkout process that impact both consumer satisfaction and business performance. Key insights include: - One in three UAE respondents (33 per cent) shop online for groceries multiple times a week. - For categories like fashion, entertainment, and electronics, shopping frequency ranges from once to several times a month. 'Challenges in the online checkout process have direct implications for businesses—leading to lost revenue and hindering both customer acquisition and retention,' said Salima Gutieva, Visa's Vice President and Country Manager for the UAE. 'Today's consumers expect—and deserve—a seamless and secure eCommerce experience. That's why Visa is collaborating with partners to implement solutions like Click to Pay, which uses biometrics and tokenisation to address key pain points and enhance convenience. These improvements not only drive business results but also support the UAE government's vision of a secure, digital-first economy.' The report also underscores the importance of security in online transactions: - 58 per cent of consumers are concerned about fraud or hacking when storing card details across multiple websites. - 42 per cent have experienced fraud or security breaches firsthand. There is strong consumer demand for a more streamlined checkout process: - 65 per cent favour a single registration for online payments across all participating merchants. - 67 per cent would opt for biometric authentication (e.g., fingerprint or face ID) over traditional methods like passwords or OTPs. For businesses, the message is clear: simplifying and securing the checkout process can significantly influence consumer behaviour. - 82 per cent of respondents said they would shop online more frequently and complete more purchases if a one-click checkout option were available. - 66 per cent expressed a high likelihood of using 'Click to Pay with Biometrics' if offered by online retailers. The UAE eCommerce market is projected to reach $12.28 billion in 2025, with expectations to grow to $21.18 billion by 2030, reflecting a CAGR of 11.52 per cent, according to Mordor Intelligence. The number of eCommerce users is expected to reach 5.7 million by 2029, with a user penetration rate of 49.6 per cent in 2025, increasing to 58 per cent by 2029.

UAE-Syria travel: Emirates to restart flights to Damascus
UAE-Syria travel: Emirates to restart flights to Damascus

Khaleej Times

time29 minutes ago

  • Khaleej Times

UAE-Syria travel: Emirates to restart flights to Damascus

Emirates is set to reintroduce flights to Damascus from July 16, after operations were suspended to the Syrian capital in 2012. The return of services follow a comprehensive evaluation in conjunction with the UAE General Civil Aviation Authority. The airline will initially start with three weekly services on Monday, Wednesday and Sunday, with plans to expand to four weekly flights from August 2 with an additional flight on Saturday. Emirates will expand its Damascus services to daily operations, effective October 26. The airline's services to Damascus will operate with a 302-seater Boeing 777-200LR and is planned to depart Dubai as EK 913 at 1200, arriving in Damascus International Airport at 2.10pm local time. The return flight, EK 914 will depart Damascus at 4.30pm, arriving in Dubai at 8.30pm local time. The flights will advance UAE's efforts to strengthen bilateral ties and support Syrian aspirations to rebuild and attract foreign investment across key sectors such as energy, construction and agriculture. Emirates customers flying to and from Damascus will also benefit from the airline's codeshare partnership with flydubai, which will complement its flight schedule and provide more options and convenience when flying in and out of the Syrian capital. 'Re-establishing air travel and connectivity is also good news for our customers that make up the expansive Syrian diaspora across the Americas, Europe and the GCC, who are eager to fly back home and reconnect to their roots, and leverage their knowledge, skills, expertise and resources in ongoing development efforts," said Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group. The UAE and Syria's trade volumes reached $680 million (Dh2.5 billion) in 2024, a 23 per cent increase over the previous year, and the new flights will further stimulate vital trade ties. The UAE's thriving Syrian community of over 350,000 nationals have played an integral role in the UAE's prosperity, contributing through entrepreneurial ventures and skilled expertise while further enriching the country's vibrant cultural tapestry. Emirates commenced services to Damascus in 1988, and prior to suspending operations in 2012 the airline carried over 2.1 million passengers in and out of Syria. The airline currently flies to 13 cities in the Middle East/GCC, serving the region with a total of 191 weekly flights.

'We are a collaborative powerhouse that equips businesses with the right expertise, tools, and strategies to scale.' – Agam Chaudhary, Two99
'We are a collaborative powerhouse that equips businesses with the right expertise, tools, and strategies to scale.' – Agam Chaudhary, Two99

Tahawul Tech

time42 minutes ago

  • Tahawul Tech

'We are a collaborative powerhouse that equips businesses with the right expertise, tools, and strategies to scale.' – Agam Chaudhary, Two99

CNME Editor Mark Forker sat down with Agam Chaudhary, Founder and CEO of Two99, to better understand how his company has become such a collaborative powerhouse in the e-commerce and marketing space, and how it is aligning businesses with the right expertise, tools, and strategies to scale effectively, and at speed. The United Arab Emirates is a country that doesn't just imagine the future, it builds it. The fusion of dynamism, creativity, entrepreneurship and leadership between the private and public sector has enabled cities like Dubai and Abu Dhabi to become global hubs for innovation and technological advancement. As a result of this unique landscape, the UAE is home to serial entrepreneurs and innovators, such as Agam Chaudhary. Chaudhary has enjoyed a decorated career to date in the IT industry, and established himself as a transformational force when it comes to digitisation of the marketing and e-commerce sectors across the Middle East region. He began his career in India, and co-founded a digital marketing start-up company called Digital Labs, long before digital marketing was in vogue. Digital Labs helped 140 companies grow their business by harnessing the power of digital marketing, before his majority stake was acquired by Laqshya Media Group in 2018. As a serial entrepreneur, it wasn't long until Chaudhary was thinking about his next venture, and in November 2020, Two99 was born. Chaudhary began the interview by detailing the mission statement of the company, and how the name of Two99 was selected. 'The name Two99 is derived from the speed of light, which we wanted to use to really emphasise our belief in the importance of speed for brands in today's fast-paced, dynamic and volatile marketplace. Time is money, and we are on a mission to save businesses time, which we know inevitably will result in a reduction in costs and overheads. We do that by providing users with access to a portfolio of solutions that are designed to help them overcome complex marketing challenges,' said Chaudhary. As a business model, Two99 operates under a consortium of three agencies, which are e-commerce, marketing/consultancy and cybersecurity. Under his leadership, Two99 has expanded globally, now operating in India, Dubai, and other key markets, helping brands achieve 3x lead generation, higher conversions, and market dominance. But how exactly has he been able to do this, not only in such a short space of time, but also in such a competitive marketplace. 'We don't believe in a one-size-fits-all approach, it's just not going to work anymore, especially when there is so much technological change happening on a constant basis. It has been exacerbated even more so with the advent of Gen and Agentic AI, but as a business you have to be agile, and you need to have the ability to be adaptive. Two99 is a collaborative powerhouse, that is aligning businesses with the right expertise, tools, and strategies to scale effectively,' said Chaudhary. One of the key components in their success has been their ability to not only demonstrate that their products can yield phenomenal user experiences, but also in building communities that foster brand loyalty. 'We are able to elevate user experiences by deploying and implementing the very best-in-class technology and content. Other businesses adopt a different business model, and think we have to find a softer price point, but we take inspiration from Apple. Apple were able to demonstrate and deliver a superior user experience and that justifies the cost to their users, and our mantra is the same. At Two99, we use social media channels, forums, and communities to foster brand loyalty through repeat business and referrals, moving beyond just running performance campaigns for customer acquisition. This approach increases profits and reduces the cost of acquiring new customers,' said Chaudhary. In terms of the challenges facing the customers Two99 work with, Chaudhary conceded that there was a recurring theme. 'You need efficient distribution to be successful, and there's no two ways about that. Technology can both streamline the processes and enable you to make better decisions, but again, this is easier said than done. The common issue is the fact that many brands frequently change agencies based solely on cost per-lead without considering lead quality, or the need to build trust and deliver positive user experiences. Two99 aims to create an environment where customers trust the brand and have good experiences with their products and services consistently,' said Chaudhary. In terms of what makes them different, and why Two99 have enjoyed so much success since their inception almost 5 years ago, Chaudhary insisted that it was their ability to intrinsically understand their customers' issues that differentiates the company from market rivals. 'Our unique selling proposition definitely lies in understanding customers' audiences and infusing solutions to solve their marketing challenges, rather than just offering individual services. We adopt a problem-solving approach, we are not coming as we said earlier with a magic product that will fix everything, we need to determine what the problem is and then solve it. We are able to do this by providing real-time analytical dashboards tailored to different decision-makers within a company, ensuring everyone understands the company's health beyond typical digital marketing metrics. Our approach fosters organisational alignment and long-term relationships,' said Chaudhary. Companies are under increasing pressure to show an ROI when investing in new cutting-edge products, but especially those infused with AI. Chaudhary provided two examples of how customers who adopted their technologies instantly saw results. 'We worked with a B2C skincare brand with a very low website conversion rate, where we quickly identified the issue was with Facebook traffic and, by simply shifting their focus to Instagram, this company increased their conversion rate from 1.7% to 3.5% within three and a half months. That's the power of the technology we use, and the quality of the analytics that we provide. We also worked with a large educational institution that were looking for a specific number of leads, their approach was both outdated and redundant. We helped them build their tech infrastructure, improve SEO, and leverage generative AI, ultimately growing their business way beyond just lead generation,' said Chaudhary. The conversation shifted towards Binary Wall, Two99's real-time threat intelligence cybersecurity platform designed for cloud-first digital businesses. 'In simple terms, Binary Wall addresses the vulnerability of growing brands and the common misconception that cyberattacks won't happen to them. The product uses AI to analyse, detect, and fix cybersecurity vulnerabilities in real time. Binary Wall not only detects vulnerabilities, but it also automatically fixes them and reports findings on a transparent dashboard, eliminating the need for a manual security team to handle these tasks. The implementation process also involves gaining access to the client's cloud ecosystem, where the product integrates and continuously learns, with minimal impact on RAM usage,' said Chaudhary. Chaudhary concluded a brilliant conversation by highlighting the impact Binary Wall has had since its release, and his excitement in relation to the potential its GenShark product could have on the marketplace once it is out of its production phase. 'Binary Wall has been in use for three to four months, and the initial responses have been incredible. While every business needs strong cybersecurity, we are currently seeing more demand from finance-related businesses due to government policies and the need to report attacks, followed by healthcare due to sensitive patient and financial data. Our product provides them with the services they need from both a solution and governance standpoint. In terms of our innovations beyond Binary Wall. We are working on a product called GenShark, which helps brands get into conversations on AI platforms like ChatGPT and Gemini for educational, informational, and transactional queries, similar to search engine optimization for these new platforms. We are excited at the impact it is going to have, and we are also heavily investing in AI training for both our employees and our customers,' said Chaudhary.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store