Latest news with #SheikhKhaledbinMohamed
Sharjah 24
12 hours ago
- Business
- Sharjah 24
Khaled bin Mohamed attends Abu Dhabi Infrastructure Summit
During a tour of the ADIS exhibition, His Highness reviewed the latest global innovations and technologies in sustainable infrastructure. More than 25 participating entities showcased both local and international best practices in adopting smart urban planning principles and sustainability-driven approaches to modern city development, aimed at enhancing quality of life for communities . His Highness Sheikh Khaled bin Mohamed bin Zayed underscored the importance of leveraging advanced technologies in urban planning to ensure the long-term sustainability of infrastructure that meets the aspirations of current and future generations and enhances societal well-being, by investing in integrated, future-ready infrastructure, including facilities powered by artificial intelligence (AI) and other smart solutions . During the summit, the Department of Municipalities and Transport launched its AI-powered Binaa platform, aimed at streamlining the construction permitting process. By reducing transaction processing times by up to 70 per cent, the platform enables permits to be issued within 24 hours. It also identifies over-designs, helping avoid redundancy and minimising environmental impacts. The system enables more than 15 government entities to access blueprints and other relevant documents, creating a unified platform for all stakeholders . The summit gathered more than 2,000 experts, leading engineers, urban planners, decision-makers, senior officials and representatives of international organisations from around the world . Attendees engaged in high-level panel discussions focused on sustainability and innovation in the development of infrastructure for modern cities . ADPIC showcased a portfolio of strategic initiatives aimed at creating an integrated urban environment, which are enhancing community wellbeing across Abu Dhabi. ADPIC is currently overseeing the implementation of 600-plus projects valued at more than AED200 billion, spanning key sectors such as housing, public parks, education, tourism and other vital government services. These efforts highlight ADPIC's pivotal role in driving comprehensive development and reinforcing Abu Dhabi's position as a global leader in infrastructure quality . During the visit, His Highness Sheikh Khaled bin Mohamed was accompanied by Jassem Mohamed Bu Ataba Al Zaabi, Chairman of the Department of Finance – Abu Dhabi; Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport; Saif Saeed Ghobash, Secretary-General of the Abu Dhabi Executive Council and Chairman of the Office of the Crown Prince; and Eng. Maysarah Mahmoud Eid, Director-General of Abu Dhabi Projects and Infrastructure Centre .
Sharjah 24
10-02-2025
- Business
- Sharjah 24
Khaled bin Mohamed bin Zayed meets board members of XRG
Reviewing XRG's investment opportunities During the meeting, Sheikh Khaled bin Mohamed reviewed XRG's investment opportunities and how the company will help meet the increasing global demand for lower-carbon energy. Emphasising priorities for growth Sheikh Khaled bin Mohamed emphasized the significance of prioritizing initiatives and programs that drive the company's growth across gas, chemicals, and low-carbon energy, in alignment with ADNOC's interests and objectives for XRG. Strengthening global partnerships for economic growth He also highlighted the importance of strengthening strategic global partnerships that contribute to realizing the leadership's vision by implementing high-impact projects that support sustainable economic growth. XRG's launch and goals XRG was officially launched during ADNOC's Annual Board of Directors Meeting in November 2024, with an enterprise value exceeding AED290 billion (US$80 billion). XRG aims to meet rising global demand for energy while supporting sustainable economic growth by expanding ADNOC's international investments in low-emission energy and chemicals. Attendees of the m eeting The meeting was attended by Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), and Executive Chairman of XRG; Dr. Ahmed Mubarak bin Nawi Al Mazrouei, Chairman of the President's Office for Strategic Affairs and Chairman of the Abu Dhabi Executive Office; Saif Saeed Ghobash, Secretary-General of the Abu Dhabi Executive Council; Jon Gray, President and Chief Operating Officer of Blackstone; Nassef Sawiris, Executive Chair of OCI Global; and Bernard Looney, Chairman of Prometheus Hyperscale.
