Latest news with #الإيطالية
TAG 91.1
26-04-2025
- Politics
- TAG 91.1
Abu Dhabi Crown Prince attends funeral of Pope Francis
Abu Dhabi's Crown Prince His Highness Sheikh Khaled bin Mohamed bin Zayed has attended the funeral of Pope Francis. Sheikh Khaled attended the ceremony on behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan. He was joined by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Co-existence, and other senior officials. The ceremony began in Saint Peter's Square in the Vatican City and concluded with the burial rites at the Papal Basilica of Saint Mary Major in Rome, in the presence of global leaders and dignitaries. Sheikh Khaled conveyed the UAE's condolences to Vatican officials and the global Catholic community, describing Pope Francis as a symbol of peace, coexistence and interfaith dialogue. The late Pope's legacy includes his historic 2019 visit to the UAE and the signing of the Human Fraternity Document, which later inspired the UN to mark February 4 as the International Day of Human Fraternity. نيابة عن صاحب السمو رئيس الدولة "حفظه الله"، خالد بن محمد بن زايد، ولي عهد أبوظبي، يحضر مراسم تشييع جثمان قداسة البابا فرنسيس التي انطلقت من ساحة كاتدرائية القديس بطرس، ليوارى جثمانه في كنيسة سانتا ماريا ماجيوري في العاصمة الإيطالية روما. — مكتب أبوظبي الإعلامي (@ADMediaOffice) April 26, 2025 On behalf of the UAE President, Khaled bin Mohamed bin Zayed, Crown Prince of Abu Dhabi, has attended the funeral of Pope Francis in Rome, alongside world leaders and heads of state. — مكتب أبوظبي الإعلامي (@ADMediaOffice) April 26, 2025
Gulf Business
24-02-2025
- Business
- Gulf Business
Italy's Eni, UAE's ADQ to strengthen supply chains for critical minerals
Image: Eni/ For illustrative purposes ADQ has entered into a memorandum of understanding (MoU) with Eni, a Rome-based global energy technology company, to explore potential areas of cooperation aimed at strengthening supply chains for critical minerals essential to the global energy transition. The MoU focuses on identifying investment opportunities and synergies in regions such as Africa, North America, and Central Asia, where both companies plan to explore the entire critical minerals value chain, from mining and refining to processing and downstream applications. The partnership will also assess the feasibility of establishing refining and processing facilities in the UAE, Italy, and other strategic locations. The growing demand for critical minerals, including lithium, cobalt, nickel, and rare earth elements, is expected to increase sixfold by 2050, according to the International Energy Agency (IEA). This surge in demand is driven by the increasing adoption of clean energy technologies such as electric vehicles, wind turbines, solar panels, and energy storage systems, all of which heavily rely on these minerals. MoU to build on ADQ and Eni's areas of expertise Hamad Al Hammadi, deputy group CEO of ADQ, stated: 'As the world transitions to cleaner energy solutions, safeguarding a stable and resilient supply of critical minerals is essential for enabling the development and deployment of technologies that drive this fundamental change. Through our MoU with Eni, we aim to combine our expertise and capabilities to develop high-impact projects across the entire value chain that ensure the availability and affordability of these critical resources.' Al Hammadi continued: 'This partnership underscores our commitment to forging collaborations that deliver long-term, transformative value for both our portfolio companies and the broader economies they serve.' Claudio Descalzi, CEO of Eni, remarked: 'The agreement with ADQ is a testament to our shared commitment to a sustainable energy future. Through innovation and collaboration, we will develop initiatives essential to the energy transition. This strategic cooperation highlights our dedication to advancing technological progress and contributing to global energy security.' Eni, operating in 62 countries, is focused on ensuring energy security while leading the energy transition. The company aims to achieve carbon neutrality by 2050, focusing on decarbonising its processes and products. Eni is investing in the development of technologies that can accelerate the shift toward sustainable energy solutions. The MoU complements ADQ's existing investments in the sector, including its recent partnership with Orion Resource Partners. وقعت 'القابضة' (ADQ) مذكرة تفاهم مع إيني الإيطالية لاستكشاف فرص التعاون في مجال سلاسل التوريد الخاصة بالمعادن والموارد الأساسية اللازمة للتحول في قطاع الطاقة. ADQ and — ADQ (@Adq_Official) The joint venture, Orion Abu Dhabi, focuses on critical metals and materials required for sustainable economic growth and the global energy transition. The collaboration between ADQ and Read: Eni signs two other agreements with UAE companies Eni has signed a letter of intent with MGX, a leading investment fund focused on AI and Advanced Technology, and Abu Dhabi-based G42, to develop state-of-the-art data centres in Italy with a planned IT capacity of up to 1 GW. These facilities will be powered by blue power, a low-carbon energy source generated by natural gas power plants with CO2 emissions captured and stored. The first project will be developed in Ferrera Erbognone in two phases, with up to 500 MW of IT capacity. Additionally, Eni has partnered with Masdar and Taqa Transmission to establish long-term power off-take arrangements for renewable energy generated in Albania, with a capacity of up to 3 GW transmitted through a 1 GW subsea interconnection to Italy. This agreement follows a strategic partnership framework signed by Italy, Albania, and the UAE in January. Eni in the UAE Eni has been operating in the UAE since 2018, holding a 70 per cent stake in Abu Dhabi's offshore Blocks 2 and 3, and a 10 per cent share in the offshore Ghasha concession. The company also has stakes in the Lower Zakum (5 per cent) and Umm Shaif/Nasr (10 per cent) offshore concessions and owns 20 per cent of ADNOC Global Trading and ADNOC Refining, which operates the fourth-largest refining complex globally in Ruwais, with a capacity of over 900,000 barrels per day.
