Suhail Al Mazrouei, UAE's minister of energy and infrastructure. The UAE, Israel and the US have agreed to develop a joint strategy to boost cooperation in the energy sector. Giuseppe Cacace / AFP
Suhail Al Mazrouei, UAE's minister of energy and infrastructure. The UAE, Israel and the US have agreed to develop a joint strategy to boost cooperation in the energy sector. Giuseppe Cacace / AFP
Suhail Al Mazrouei, UAE's minister of energy and infrastructure. The UAE, Israel and the US have agreed to develop a joint strategy to boost cooperation in the energy sector. Giuseppe Cacace / AFP
Suhail Al Mazrouei, UAE's minister of energy and infrastructure. The UAE, Israel and the US have agreed to develop a joint strategy to boost cooperation in the energy sector. Giuseppe Cacace / AFP

UAE, US and Israel to develop joint strategy to boost co-operation in energy sector


Fareed Rahman
  • English
  • Arabic

The UAE, Israel and the US have agreed to develop a joint strategy to boost co-operation in the energy sector.

The three countries will work together on renewable energy, energy efficiency, oil, natural gas resources and related technology, as well as water desalination technology, according to a statement carried by state news agency Wam on Thursday.

“Together, our dynamic economies will look to leverage world-leading research and development capacities to meet the needs of current and future generations,” the statement said.

“We will also seek to find solutions to the energy challenges faced by the Palestinian people through the development of energy resources, technologies, and related infrastructure.”

The joint statement was issued by the UAE’s Minister of Energy and Infrastructure, Suhail Al Mazrouei, US Secretary of Energy, Dan Brouillette, and Israel’s Energy Minister, Yuval Steinitz.

The UAE became the first Gulf country to normalise diplomatic ties with Israel after it formally signed the Abraham Accord in Washington last month.

Experts say there is a great potential for co-operation between the two countries within the energy sector, particularly in renewables, following the accord.

As a net importer of energy, Israel has gradually built up its renewables capacity. As of last year, the country had more than 1.4 gigawatts of solar power capacity, just behind the UAE and Egypt. Israel intends to increase its solar power capacity to 15 gigawatts by 2030 at a cost of $22 billion (Dh80.8bn).

The UAE, Israel and the US will also co-ordinate with financial institutions and the private sector for investment in research and development as well as in the rapid adoption of new energy technologies, the statement added.

The UAE accounts for 4 per cent of global crude output, much of it is from oilfields in Abu Dhabi. The country is diversifying its energy mix, adding solar and nuclear sources to its grid, as it looks to free up crude for export.

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  • Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
  • Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
  • Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
  • Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
  • Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
  • Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
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the pledge

I pledge to uphold the duty of tolerance

I pledge to take a first stand against hate and injustice

I pledge to respect and accept people whose abilities, beliefs and culture are different from my own

I pledge to wish for others what I wish for myself

I pledge to live in harmony with my community

I pledge to always be open to dialogue and forgiveness

I pledge to do my part to create peace for all

I pledge to exercise benevolence and choose kindness in all my dealings with my community

I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity

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3) People with a history of cancer in the family can be more susceptible. 

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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.
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Courtesy: Carol Glynn, founder of Conscious Finance Coaching

COMPANY%20PROFILE
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Ovo's tips to find extra heat
  • Open your curtains when it’s sunny 
  • Keep your oven open after cooking  
  • Have a cuddle with pets and loved ones to help stay cosy 
  • Eat ginger but avoid chilli as it makes you sweat 
  • Put on extra layers  
  • Do a few star jumps  
  • Avoid alcohol   
Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
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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 
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Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart

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Brahmastra%3A%20Part%20One%20-%20Shiva
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