The Dubai Supreme Council of Energy plans to set up a permanent committee to monitor the trading of petroleum products in the emirate to protect the environment and ensure “the highest standards of safety and security” in the trading of such products.
The plan was discussed during an online meeting chaired by Sheikh Ahmed bin Saeed, chairman of the Dubai Supreme Council of Energy, the emirate's media office said on Monday.
Vice chairman Saeed Al Tayer said the council had issued resolution No 3 of 2021 to outline the regulatory framework, strategies and regulations for the trading of liquefied petroleum gas and its derivatives in the emirate.
“In its directive, the Dubai Supreme Council of Energy stipulated the necessity of obtaining its authorisation to issue the permit to complete all approvals and requirements from government authorities in the emirate, according to their respective requirements,” Mr Al Tayer said.
“The Supreme Council will co-ordinate with government authorities to conduct joint inspection campaigns to ensure that workers in this sector follow the directive and apply the highest safety and security standards.”
The meeting also reviewed the savings achieved by the 2030 Dubai Demand Side Management Strategy.
In 2021, savings stood at 6.4 terawatts of electricity, equal to “approximately 12.5 per cent of business as usual”, and about 12.2 billion imperial gallons of water, equal to “9.4 per cent of business as usual”, the council said.
Since 2011, demand-side programmes have contributed to avoiding 14.1 million tonnes of carbon dioxide emissions, leading to savings worth Dh9 billion ($2.45bn), it said.
The emirate plans to reduce carbon emissions by 30 per cent before the end of 2030, as per the plan approved by the Dubai Supreme Council of Energy earlier this year.
The plan is expected to support the UAE’s efforts to achieve the country's net zero ambitions by 2050.
Dubai also plans to raise the share of renewables in its energy mix to 14 per cent by the end of 2022, as part of its target to generate 25 per cent of its energy requirements from renewable sources by 2030 and 100 per cent by 2050.
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
South Africa World Cup squad
South Africa: Faf du Plessis (c), Hashim Amla, Quinton de Kock (w), JP Duminy, Imran Tahir, Aiden Markram, David Miller, Lungi Ngidi, Anrich Nortje, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada, Tabraiz Shamsi, Dale Steyn, Rassie van der Dussen.
UAE SQUAD FOR ASIAN JIU-JITSU CHAMPIONSHIP
Men’s squad: Faisal Al Ketbi, Omar Al Fadhli, Zayed Al Kathiri, Thiab Al Nuaimi, Khaled Al Shehhi, Mohamed Ali Al Suwaidi, Farraj Khaled Al Awlaqi, Muhammad Al Ameri, Mahdi Al Awlaqi, Saeed Al Qubaisi, Abdullah Al Qubaisi and Hazaa Farhan
Women's squad: Hamda Al Shekheili, Shouq Al Dhanhani, Balqis Abdullah, Sharifa Al Namani, Asma Al Hosani, Maitha Sultan, Bashayer Al Matrooshi, Maha Al Hanaei, Shamma Al Kalbani, Haya Al Jahuri, Mahra Mahfouz, Marwa Al Hosani, Tasneem Al Jahoori and Maryam Al Amri
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THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara
JUDAS AND THE BLACK MESSIAH
Directed by: Shaka King
Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons
Four stars
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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UAE currency: the story behind the money in your pockets
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
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