Latest news with #SultanbinAhmedAlJaber
Sharjah 24
16-07-2025
- Business
- Sharjah 24
UAE, Turkish Presidents witness exchange of agreements and MoUs
Exchanged during His Highness the UAE President's state visit to Türkiye, the agreements aim to expand cooperation, reflecting the two countries' shared commitment to further advancing bilateral relations across various sectors. The agreements and memoranda include: Agreement on the mutual protection of classified information: MoU on the establishment of a joint consular committee MoU on investment in food and agriculture MoU on investment cooperation in the pharmaceutical industry MoU on investment in tourism and hospitality MoU on investment cooperation in the industrial sector MoU on cooperation in polar research The agreements and memoranda were exchanged during a formal ceremony held at the Presidential Palace in Ankara. From the UAE side, the agreements were exchanged by: Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology Mohamed Hassan Alsuwaidi, Minister of Investment Mohamed Mubarak Al Mazrouei, Minister of State for Defence Affairs Khalifa Shaheen Al Marar, Minister of State From the Turkish side, the agreements were exchanged by: Yaşar Güler, Minister of National Defence Nuh Yılmaz, Deputy Minister of Foreign Affairs Ahmet Burak Dağlıoğlu, President of the Investment Office of the Presidency of the Republic of Türkiye Mehmet Fatih Kacır, Minister of Industry and Technology
Al Etihad
06-07-2025
- Sport
- Al Etihad
ADNOC Pro League: Top teams get easy openings after draw
7 July 2025 00:15 KUUMAR SHYAM (ABU DHABI)The upcoming ADNOC Pro League season promises to be a thrilling campaign right from the early weeks, thanks to the continued use of artificial intelligence to craft competitive and balanced fixture schedules of premier competitions in the UAE.A draw ceremony at the ADNOC headquarters in Abu Dhabi on Saturday, witnessed by Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, kickstarted the domestic the fifth consecutive year, the UAE Pro League has employed a smart electronic draw system, designed to maximise high-profile matchups and ensure fairness across the board. Yet, coincidentally, the top legacy teams in the league, such as Al Ain, Al Jazira, Al Wahda, Shabab Al Ahli, Al Wasl and Sharjah have got easy fixture-ranking clashes lined up for the first match would all be expected to hit the ground running before the schedule parity balances AI to model scheduling similar to Europe's top leagues – such as the Premier League and Serie A – the draw ensures no more than two matches take place in the same city each week and considers external commitments, home-and-away balance, and traditional result: a fixture list geared toward fan engagement and fierce the opening round avoids marquee clashes, things heat up quickly from the second. That round will see Shabab Al Ahli meet Al Wahda in a high-stakes encounter, while Sharjah take on Al Jazira, both matchups likely to influence the early title 3 continues the intensity as Al Wasl face Al Ain, two sides eyeing silverware, while Al Jazira go head-to-head with Al Nasr in a classic capital vs Dubai showdown. Drama follows Al Nasr as they take on fellow Dubai rivals Shabab Al calendar hits a major peak for the fifth match day for the top teams, featuring: Shabab Al Ahli vs Al Ain, the Abu Dhabi derby between Jazira and Al Wahda, Al Wasl vs week's highlight will be the Dubai derby between Al Wasl and Al Nasr, ensuring a charged atmosphere for supporters across the second half of the season maintains the excitement, kicking off with intriguing fixtures including Ajman vs Shabab Al Ahli, Al Bataeh vs Al Jazira, and Al Wasl vs Abu Dhabi Islamic Bank (ADIB) Cup also sees several compelling potential matchups. Al Nasr will meet Al Bataeh, with the winner to face Shabab Al Ahli. Sharjah clash with Dibba, and may face Al Ain if the latter beat champions Al Jazira await the winner of Al Wasl vs Al Dhafra, while Al Wahda face Ajman, with the victors taking on Baniyas or Khorfakkan. The draw for the sixth season of the eUAE Pro League Championship was also drawn, with teams slotted into two Al Bataeh, Sharjah, Kalba, Ajman, Dibba, Al Jazira have been put in Group A, while the other one has Khorfakkan, Al Wasl, Al Ain, Al Wahda, Shabab Al Ahli, Al Nasr, Al Dhafra. The draw event brought together a host of dignitaries besides Al Jaber and Abdulla Al Jneibi, Chairman of the UAE Pro League. The use of AI and adherence to international best practices reflects the League's long-term vision under its 2020–2030 strategy, aligning with the UAE Government's AI Strategy 2031. Source: Aletihad - Abu Dhabi
Al Etihad
18-06-2025
- Business
- Al Etihad
Sultan Al Jaber participates in Atlantic Council Global Energy Forum in Washington
18 June 2025 13:04 WASHINGTON (WAM)Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Managing Director and Group CEO of ADNOC, and Executive Chairman of XRG, on Wednesday called for the energy, technology, finance, and policy sectors to work in sync to meet the once-in-a-generation investment opportunity of artificial intelligence (AI).Delivering a keynote address in Washington DC at the ninth edition of the Atlantic Council Global Energy Forum to an audience of policymakers and industry leaders, Dr. Al Jaber described AI as the next stage of human evolution—and emphasised that meeting its demands will require an equally transformative shift in energy policy, investment, and infrastructure.'The race for AI supremacy is not just about code—it's about gigawatts,' he said.'Every AI breakthrough consumes more power. And right now, global energy systems are not ready.' He noted that the US alone may require 50–150 gigawatts of new capacity by 2030, dependent on the energy source, equivalent to the total consumption of dozens of major meet that challenge, Dr. Al Jaber outlined a system-wide roadmap—developed in partnership with XRG, MGX, and the Atlantic Council—calling for fast-tracked permitting, modernised grids, and strategic investment in gas, nuclear, and renewables.'You can't run tomorrow's technology on yesterday's grid,' he said.'Permitting delays and supply chain bottlenecks are now threats to progress. Policy must help, not hold back.'Dr. Al Jaber highlighted that the size of the opportunity is huge and the key to unlocking it is partnership. He explained that this is why the UAE and the US are enjoying a 'powerhouse partnership' across every sector.'For us, the United States is not just a partner—it's an investment imperative,' Dr. Al Jaber added.'US companies are among the UAE's largest concession partners, active from upstream to downstream. Currently, the UAE energy sector works with US companies across 18 states and 50 facilities, from gas to chemicals to energy infrastructure and energy solutions.''XRG is an anchor partner in the largest LNG facility in Texas. We produce speciality chemicals across the country. And our renewable energy company, Masdar, has developed 5.5GW of operational capacity from coast-to-coast. And we are just getting started. To help harness that ambition, we opened a joint XRG/Masdar office right here in Washington DC.'He highlighted that a single new data centre can consume as much electricity as a city the size of Pittsburgh.'Meeting this demand is not just a technical challenge – it is a once-in-a-generation investment opportunity. One that requires a system-wide shift, with energy, technology, finance, and policy operating in sync,' he Al Jaber argued that 'in the age of hyperscalers, we must hyperscale energy,' calling for reliable baseload sources such as gas and nuclear, backed by renewables, energy storage, and emerging solutions like small modular reactors (SMRs) and fusion. He also advocated for a 'pragmatic pause' on early retirements of existing power plants while expanding nuclear emphasised that modernising power delivery is equally urgent. 'Wait times for key components like transformers can exceed three years. That's not just a supply chain problem – it's a bottleneck to industrial growth. Unlocking this opportunity requires permitting reform, workforce development and de-risked capital.'He noted that, 'the tech sector runs on quarterly horizons; the power sector runs on decade-long timelines. We must bridge that divide. We must de-risk major capital investments, and policy must help, not hold-up progress. Currently, there are 2600GW of planned capacity around the world waiting for a connection. We must take that gridlock out of the grid.'Explaining that power generation 'is just one half of the equation' and 'delivering that power to the end user is the other, more complex half,' he called for efforts to train one million new electricians for the 21st century grid and unleashing AI's own potential to help manage energy systems more the situation in the Middle East, and its impact on regional and energy security, Dr. Al Jaber emphasised that the UAE will always stand for dialogue, de-escalation and diplomacy in resolving disputes and called on all parties to show restraint, respect the sovereignty of states and adhere to international law.'Concluding his remarks, Dr. Al Jaber called for greater collaboration to fully harness the power of AI and unlock significant economic opportunities.'To realise the full power of AI, we must give it the power it needs. That starts with a coordinated roadmap applied locally and scaled globally. We need policy that clears the path, infrastructure that carries the load, and investment that meets the moment.''AI and energy are the twin engines of progress. Two engines. One direction. Fast-forward into the future.'Dr. Al Jaber was speaking a day after convening the second ENACT Forum in Washington DC The Majlis-style meeting brought together leaders from energy, technology, finance, and government to advance a cross-sector action agenda for meeting AI-driven power demand, accelerating infrastructure investment, and delivering the system-wide solutions needed at speed and on these discussions, a new roadmap for cross-sector action was published today titled "Powering the Next Great Leap in Human Progress." It sets out the opportunities and integrated solutions required both to address the immediate energy surge from rapid AI-driven data centre growth, and to guide longer-term investments that will build a smarter, more resilient, and more efficient energy report highlights practical approaches across the full energy value chain, investment and policy opportunities, many of which are themselves AI enabled. It includes optimising existing generation capacity, modernising and expanding grid infrastructure, incentivising demand management, strategically siting new data centres and accelerating next-generation technologies. The framework emphasises the need for bold, system-wide action to ensure that the full transformative potential of AI can be fully realised.
Al Etihad
21-05-2025
- Business
- Al Etihad
Borouge, Mubadala Bio sign agreement to strengthen UAE's healthcare, life sciences sectors
21 May 2025 19:14 ABU DHABI (WAM)Borouge, a leading petrochemicals company, that provides innovative and differentiated polyolefins solutions, has signed a strategic cooperation agreement with Mubadala Bio, a life sciences company dedicated to pursuing better health outcomes for the UAE and partnership will explore the supply of polyolefin materials to enable local manufacturing of medical products, reinforcing local manufacturing capabilities while contributing to the future of the UAE's healthcare and life sciences signing ceremony was witnessed by Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, Dr. Bakheet Al Katheeri, Chief Executive Officer, UAE Investments Platform, Mubadala, and Ismail Ali Abdulla, Executive Director of UAE Clusters, Sultan Al Suwaidi, CEO of Borouge, and Hamad Husein Almarzooqi, Deputy CEO of Mubadala Bio, signed the agreement during Make it in the Emirates, a flagship UAE event that unites industry leaders to drive innovation and industrial Al Suwaidi said, "We are delighted to partner with Mubadala Bio to explore the development of essential medical solutions made at our Ruwais facility in the UAE. Aligned with the ambitions of Make it in the Emirates, this collaboration goes beyond the supply of materials, it is about combining the UAE's scientific product innovation with regional insight to bring smarter, safer products for patients and clinicians across the Middle East and beyond."Ismail Abdulla added, "This collaboration agreement with Borouge reflects Mubadala Bio's commitment to enabling a world-class, sustainable life sciences sector anchored in advanced local manufacturing. By collaborating with local partners, we aim to grow the manufacturing of UAE-made products. We are strengthening the life sciences sector, supporting the UAE's vision, and enhancing the delivery of essential health products for communities locally and abroad."Powered by Borealis' Borstar technology, Bormed RG868MO, produced by Borouge in the UAE, marks a key milestone as the initial product offering in Borouge's wider healthcare RG868MO provides transparency and mechanical strength, and meets industry sterilisation standards, making it ideal for pharmaceutical packaging and medical devices like three-part syringes, inhalers, pharmaceutical caps and product is already in production at Borouge's manufacturing plant in Al Ruwais Industrial City, Abu Dhabi, representing the first time it has been made for healthcare applications in the UAE. Borouge is set to launch its second healthcare product by the end of the year, building on the momentum of its current Middle East rollout. Aligned with Borouge's commitment to sustainability and innovation, this healthcare solution enables customers to reduce production cycle times through faster processing, and can provide an estimated carbon footprint reduction of 5 - 10%.
Hi Dubai
21-05-2025
- Business
- Hi Dubai
MoIAT Signs AED40 Billion Financing Agreements to Boost Industrial Growth
The UAE has taken a major step in advancing its industrial sector, with the Ministry of Industry and Advanced Technology (MoIAT) signing five Memoranda of Understanding (MoUs) with leading national banks to unlock over AED40 billion in financing solutions. The agreements, witnessed by Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, aim to fuel industrial expansion, support SMEs, and drive the adoption of advanced technologies in line with the UAE's sustainable development goals. Partner banks include First Abu Dhabi Bank, Emirates NBD, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, and WIO Bank. Each has pledged competitive, tailored financing to help businesses scale, innovate, and contribute to the country's strategic 'Make it in the Emirates' initiative. Omar Al Suwaidi, Under-Secretary of MoIAT, emphasized the importance of these partnerships in building a resilient, innovation-led industrial ecosystem. 'These innovative financing solutions are designed to enable sustainable industrial growth, aligned with the UAE's vision of a diversified, knowledge-based economy,' he said. Executives from all five banks echoed strong support for the initiative. FAB pledged AED5 billion in renewed funding, while WIO Bank committed up to AED1 billion in working capital support. Others highlighted the alignment of the initiative with national priorities, ethical financing, and long-term economic competitiveness. The agreements reflect growing synergy between the public and private sectors, positioning the UAE as a regional leader in advanced manufacturing and industrial innovation. News Source: Emirates News Agency
