SEWA implements Al Dhaid natural gas network connection project
The current completion rate has reached 46%, and this phase is expected to be completed during the first quarter of 2026, according to the approved timetable.
Engineer Ibrahim Al Balgouni, Director of the Natural Gas Department at the authority, explained that the first phase includes extending the natural gas pipeline to the Jabal Omar and Tal Al Zafran neighbourhoods, extending 83 kilometres at a total cost of AED14 million. He noted that the project will serve approximately 989 residents in the area.
Al Balgouni emphasised that the authority is continuing its efforts to develop a modern and sustainable infrastructure and expand the natural gas network across the Emirate of Sharjah, in support of the vision of the wise leadership to achieve comprehensive development and community well-being.
The project to connect natural gas services to the city of Dhaid represents a qualitative leap in the quality of services, given the high standards of safety and security of the implemented networks. It also represents an economical alternative to the use of traditional gas cylinders, contributing to an improved quality of life and fostering the growth of the city's residential, commercial, and industrial sectors.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
14 minutes ago
- Zawya
EGA, ENEC deliver first aluminium produced with carbon-free nuclear energy
Emirates Global Aluminium (EGA) and Emirates Nuclear Energy Company (ENEC) today announced the UAE's first delivery of low-carbon aluminium using electricity generated at Barakah Nuclear Energy Plant. EGA is marketing this type of low-carbon aluminium under the product brand MinimAL. The metal will be supplied to CANEX Aluminum, Egypt's leading aluminium downstream producer. EGA's new product positions the UAE as a reliable supplier of low-carbon industrial materials to global markets and expands EGA's low-carbon metal portfolio for our local and global customers. Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC, said, 'This milestone shows how nuclear energy is boosting national energy security and enabling the UAE's industrial decarbonisation in parallel, reliably powering energy-intensive sectors like aluminium production with clean electricity 24/7. Through the abundant electricity generated at Barakah, we have unlocked the significant, proven and long-term benefits of nuclear energy to power the UAE's low-carbon economy for decades to come.' Abdulnasser Bin Kalban, Chief Executive Officer of EGA, said, 'Global demand for low carbon aluminium is expected to triple by 2040, and EGA aims to play an important role in this growth. MinimAL is our latest low-carbon product, made possible through the UAE's investment in nuclear power generation. We are glad to be working with ENEC to supply more low carbon aluminium to the world.' Mutassem Daaboul, Managing Director of CANEX Aluminum, said, 'At CANEX, we believe true sustainability is built into every layer of production - from the raw material to the final product. Our upcycling model already transforms waste into value-added products. Now, with MinimAL, we are taking another step forward by reducing embedded emissions at the very beginning of our process.' The clean electricity is certified through the UAE's Clean Energy Certification programme using International REC Standard (I-REC) protocols to ensure traceability and credibility. The power is supplied through Emirates Water and Electricity Company (EWEC) via the national grid. The Barakah plant generates 40 terawatt-hours of clean electricity annually, which is around 25 per cent of the UAE's electricity needs, and equivalent to the annual total power demand of Switzerland. Carbon-free electricity from Barakah avoids 22.4 million tons of carbon emissions each year, equivalent to removing 4.8 million cars from the road. EGA was the first company globally to produce aluminium using solar power, with 80 thousand tonnes of CelestiAL made in 2024. EGA also produces recycled aluminium, marketed under the product brand RevivAL, at its plants in the United States and Germany. In the UAE, EGA is building the UAE's largest aluminium recycling plant at Al Taweelah. The facility is expected to start production in the first half of 2026.
Zawya
14 minutes ago
- Zawya
UAE President arrives in Russia on official visit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived in Moscow on an official visit to the Russian Federation. Upon entering Russian airspace, His Highness' plane was welcomed and escorted by military aircraft. His Highness was accorded an official reception following his arrival at Vnukovo Airport, where the national anthems of the UAE and Russia were played. An honour guard was assembled for His Highness, who greeted senior officials lined up in welcome. His Highness is accompanied by a delegation that includes H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; Sheikh Mohammed bin Hamad bin Tahnoon Al Nahyan, Advisor to the UAE President; Ali bin Hammad Al Shamsi, Secretary-General of Supreme Council for National Security; Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology; Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade; Mohamed Hassan Al Suwaidi, Minister of Investment; Ahmed Ali Al Sayegh, Minister of State; Faisal Abdulaziz Al Bannai, Adviser to the President for Strategic Research and Advanced Technology Affairs; Dr. Ahmed Mubarak Al Mazrouei, Chairman of the President's Office for Strategic Affairs and Chairman of the Abu Dhabi Executive Office; and Dr. Mohammed Ahmed Al Jaber, UAE Ambassador to the Russian Federation, along with a number of senior officials.
Khaleej Times
14 minutes ago
- Khaleej Times
US investment bank H.C. Wainwright reiterates ‘buy' on IHC's Phoenix Group, sets Dh3.00 target
Phoenix Group PLC (ADX: PHX), an IHC portfolio company and a global leader in blockchain and digital asset infrastructure, has been featured in a new research report from H.C. Wainwright & Co. Independent equity analysts at H.C. Wainwright & Co. have assigned Phoenix Group a Buy rating and Dh3.00 price target, recognising its evolution beyond mining into high-growth AI and HPC infrastructure. Based on the August 4, 2025, closing price of Dh1.48, the report states an enormous upside potential in excess of 102 per cent for the shares. The positive assessment is underpinned by Phoenix Group's strategic expansion and its forward-looking ambitions in high-growth technology sectors. The report, titled: 'Re-Energized Sites and AI/HPC Feasibility Prime Upside; Reit. Buy,' underscores Phoenix Group's strong position for meaningful growth in both the near and long term. The reaffirmed Buy rating is supported by a shift to higher-margin self-mining, expanding operational capacity, and significant digital asset holdings of BTC and Solana in excess of $150 million. The analysis highlights Phoenix's diversified strategy, which balances efficient digital asset mining with strategic investment in next-generation sectors such as Artificial Intelligence (AI) and High-Performance Computing (HPC). It also notes the company's ability to attract ongoing capital support amid broader industry trends that favour advanced connectivity and compute infrastructure. With new sites expected to come online, Phoenix is well-positioned to meet growing demand for AI workloads and unlock additional revenue streams. Central to this momentum is Phoenix's established partnership with IHC (IHC: ADX), the Abu Dhabi-based diversified investment firm. As a valued IHC portfolio company, Phoenix leverages shared expertise and resources to scale operations and execute on innovative projects, bolstering its resilience in a dynamic market. "We are delighted that H.C. Wainwright sees the significant value and enormous potential in our strategy," said Munaf Ali, CEO and co-founder of Phoenix Group. "This report validates our team's hard work to expand our core mining operations efficiently while boldly moving into the AI and HPC space. As an IHC portfolio company, we are committed to driving innovation and delivering superior returns for our shareholders, and this report confirms we are on the right path." While the report acknowledges sector-specific risks, including digital asset market volatility, it expresses confidence in Phoenix's strategic trajectory and competitive positioning. Full details of Phoenix Group's Q2 2025 results and the analyst report are available on the company's Investor Relations page. Phoenix Group PLC, an IHC Portfolio Company, is a multi-billion-dollar global technology leader headquartered in Abu Dhabi, UAE. As one of the world's top ten Bitcoin miners, it operates over 500 megawatts across the UAE, US, Canada, Oman, and Ethiopia, running the biggest mining farm in MENA. Phoenix Group is the first crypto and blockchain conglomerate in the region to be listed on the Abu Dhabi Securities Exchange (ADX).
