Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, received Sheikh Tahnoon bin Mohammed, Abu Dhabi Ruler's Representative in Al Ain, during a visit to the Abu Dhabi National Oil Company’s headquarters on Tuesday to review the company’s efforts in advancing the growth of the national economy.
They toured the Adnoc visitor's centre, which gives insights into the state-run energy company’s achievements, its transformation journey to a lower-carbon future and the role it is playing in enabling the UAE's economic growth.
Sheikh Khaled was accompanied by Dr Sultan Al Jaber, Cop28 President-designate, Minister of Industry and Advanced Technology and managing director and group chief executive of Adnoc, alongside other officials.
"We continue to future-proof Adnoc, reinforce sustainability in all aspects of our business and bolster our position as a reliable and responsible global provider of lower-carbon energy, as well as a key contributor to the UAE’s economic and social development,” Dr Al Jaber said.
Sheikh Tahnoon, who was appointed chairman of the Adnoc board of directors in 1973, has been instrumental in setting the strategic direction of the company and laying the foundations for its growth.
Last month, Adnoc began the construction of the Middle East’s first high-speed hydrogen refuelling station. The station, which the company is building in Masdar City, will create clean hydrogen from water using an electrolyser powered by clean grid electricity, Adnoc said.
In the same month, Sheikh Khaled approved the company’s plan to reach net zero emissions by 2045, bringing the deadline forward from its previous target of 2050. The company also aims to reach zero methane emissions by 2030.
Last year, Adnoc planted 200,000 mangrove seeds using drone technology as part of its plan to plant 2.5 million mangroves over a period of three years.
UAE currency: the story behind the money in your pockets
Ultra processed foods
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
The specs
Engine: 2.0-litre four-cylinder turbo
Power: 178hp at 5,500rpm
Torque: 280Nm at 1,350-4,200rpm
Transmission: seven-speed dual-clutch auto
Price: from Dh209,000
On sale: now
Why are asylum seekers being housed in hotels?
The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.
A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.
Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.
The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.
When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.
KILLING OF QASSEM SULEIMANI
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Read more from Aya Iskandarani
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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Various Artists
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
Dubai World Cup factbox
Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)
Most wins by a jockey: Jerry Bailey(4)
Most wins by an owner: Godolphin(9)
Most wins by a horse: Godolphin’s Thunder Snow(2)
At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
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