Abu Dhabi's renewable energy company Masdar and Hassan Allam Utilities have signed two preliminary agreements with Egyptian state-backed organisations to co-operate on the development of green hydrogen production plants in the Suez Canal Economic Zone and the Mediterranean coast.
In the first phase, the companies aim to establish a green hydrogen manufacturing unit that is capable of producing 100,000 tonnes of e-methanol annually for bunkering in the Suez Canal, Masdar said in a statement late on Sunday. The unit is expected to be operational by 2026.
The electrolyser facilities in the Suez Canal and on the Mediterranean could also be extended to up to 4 gigawatts by 2030 to produce 2.3 million tonnes of green ammonia for export and green hydrogen for local industries.
The agreements demonstrate the close relationship between the UAE and Egypt, said Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, Special Envoy for Climate Change and chairman of Masdar.
“These projects will build on the UAE’s and Masdar’s position as an early mover in the global hydrogen market and expand our capacity to deliver zero carbon energy solutions,” he said.
“As our two countries prepare to host the next two Cops [UN climate conferences], we look forward to working with our partners in Egypt to make practical advances in the energy transition that will provide significant benefits for the economy and the climate.”
Egypt has been building on its green hydrogen ambitions in recent months, especially as it is set to host the Cop27 climate summit in Sharm El Sheikh this November.
The country signed a $3 billion agreement this month with a consortium led by French firm EDF Renewables and Egyptian company Zero Waste to develop a green hydrogen megaproject in Ain Sokhna on the Red Sea that will produce up to 350,000 tonnes of green fuel annually for ships passing through the Suez Canal.
It also partnered with Norway’s Scatec in March to build the country’s first green ammonia plant at a cost of $5bn, with a production capacity starting at 1 million tonnes annually, increasing to 3 million tonnes.
Egypt has abundant solar and wind resources that allow for the generation of renewable power at a competitive cost, a key enabler for green hydrogen production.
The North African country is working to encourage investment in green energy projects and accelerate the energy transition process in the region, said Egyptian Prime Minister Mostafa Madbouly.
The country is also reviewing its national energy strategy and plans to add green hydrogen to its mix, the statement said.
Egypt's Ministry of Electricity expects to unveil a green hydrogen strategy by October.
The latest agreements were signed in the presence of Mr Madbouly and Dr Al Jaber. Also attending were Dr Mohamed El Markabi, Egyptian Minister of Electricity and Renewable Energy, and Dr Hala El Said, Minister of Planning and Economic Development and chairman of the Sovereign Fund of Egypt.
Egypt is set to emerge as a hub for green hydrogen production since it is well placed to target the bunkering market, the statement said.
The country can also boost exports to Europe as it is located in proximity to markets where demand for green hydrogen is expected to grow.
“These agreements represent a vital step forward in the development of the green hydrogen economy for both the UAE and Egypt and will play a significant role in our two nations’ decarbonisation efforts,” said Mohamed Al Ramahi, chief executive of Masdar.
“By working with partners such as Hassan Allam Utilities, we can help the green hydrogen market achieve its full potential over the coming years and play its part in supporting the global energy transition.”
Hydrogen is projected to account for 12 per cent of global energy use and 10 per cent of carbon dioxide emissions reductions by 2050, driven by climate change urgency and countries’ commitments to net zero, according to the International Renewable Energy Agency.
Current annual hydrogen sales represent a market value of about $174bn — which already exceeds the value of annual trade in liquefied natural gas — and could grow to $600bn by 2050.
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THE RESULTS
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Benefits of first-time home buyers' scheme
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The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
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'Saand Ki Aankh'
Produced by: Reliance Entertainment with Chalk and Cheese Films
Director: Tushar Hiranandani
Cast: Taapsee Pannu, Bhumi Pednekar, Prakash Jha, Vineet Singh
Rating: 3.5/5 stars
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
The Cairo Statement
1: Commit to countering all types of terrorism and extremism in all their manifestations
2: Denounce violence and the rhetoric of hatred
3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC
4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.
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6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security
DUBAI SEVENS 2018 DRAW
Gulf Men’s League
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Pool B – Jebel Ali Dragons, Abu Dhabi Saracens, Abu Dhabi Harlequins, Al Ain Amblers
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Pool D – Dubai Tigers, UAE Shaheen, Sharjah Wanderers, Amman Citadel 2
Gulf U19 Boys
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Pool B – Dubai English Speaking College 2, Jumeirah College, Dubai College A, Abu Dhabi Harlequins 2
Pool C – Bahrain Colts, Al Yasmina School, DESC, DC B
Pool D – Al Ain Amblers, Repton Royals, Dubai Exiles, Gems World Academy Dubai
Pool E – JESS A, Abu Dhabi Sharks, Abu Dhabi Harlequins 1, EC
Gulf Women
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Gulf U19 Girls
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How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
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UAE currency: the story behind the money in your pockets
Bharat
Director: Ali Abbas Zafar
Starring: Salman Khan, Katrina Kaif, Sunil Grover
Rating: 2.5 out of 5 stars
Gothia Cup 2025
4,872 matches
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116 pitches
76 nations
26 UAE teams
15 Lebanese teams
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Uefa Champions League semi-final, first leg
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Liverpool v Barcelona, Tuesday, May 7, 11pm
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Anxiety and work stress major factors
Anxiety, work stress and social isolation are all factors in the recogised rise in mental health problems.
A study UAE Ministry of Health researchers published in the summer also cited struggles with weight and illnesses as major contributors.
Its authors analysed a dozen separate UAE studies between 2007 and 2017. Prevalence was often higher in university students, women and in people on low incomes.
One showed 28 per cent of female students at a Dubai university reported symptoms linked to depression. Another in Al Ain found 22.2 per cent of students had depressive symptoms - five times the global average.
It said the country has made strides to address mental health problems but said: “Our review highlights the overall prevalence of depressive symptoms and depression, which may long have been overlooked."
Prof Samir Al Adawi, of the department of behavioural medicine at Sultan Qaboos University in Oman, who was not involved in the study but is a recognised expert in the Gulf, said how mental health is discussed varies significantly between cultures and nationalities.
“The problem we have in the Gulf is the cross-cultural differences and how people articulate emotional distress," said Prof Al Adawi.
“Someone will say that I have physical complaints rather than emotional complaints. This is the major problem with any discussion around depression."
Daniel Bardsley
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
THE SPECS
Engine: 1.5-litre, four-cylinder turbo
Transmission: seven-speed dual clutch automatic
Power: 169bhp
Torque: 250Nm
Price: Dh54,500
On sale: now
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk