Vice-President of the European Commission Josep Borrell, pictured in New York this week, held a meeting with GCC officials. AFP
Vice-President of the European Commission Josep Borrell, pictured in New York this week, held a meeting with GCC officials. AFP
Vice-President of the European Commission Josep Borrell, pictured in New York this week, held a meeting with GCC officials. AFP
Vice-President of the European Commission Josep Borrell, pictured in New York this week, held a meeting with GCC officials. AFP

EU to appoint special envoy to the Gulf by the end of the year


Sunniva Rose
  • English
  • Arabic

Officials in Brussels expect the first special European Union envoy for the Gulf to be appointed by the end of the year with the aim of strengthening relations including in the fields of energy and international assistance, The National can reveal.

The EU’s high representative for foreign affairs, Josep Borrell, announced the appointment of a special envoy in February. He highlighted at the time that Europe was the first investor and second trade partner with the Gulf.

“Our relationship has to be enhanced.” said Mr Borrell, who reiterated his intention to strengthen ties on Thursday after a meeting with the Gulf Co-operation Council on the sidelines of the United Nations General Assembly.

Peter Stano, the European Commission's lead spokesperson for foreign affairs and security policy, declined to give more details on Friday, but said that an announcement will be made “quite soon”.

The EU currently has nine special representatives who are always based in Brussels but travel the region and co-ordinate with member states.

By appointing a special representative to the Gulf region, Brussels is breaking with a history of focusing such appointments on conflict regions such as Kosovo and the Horn of Africa, an EU official said.

“We are showing that special attention is needed here for a positive reason. We want to strengthen our engagement on both sides,” they told The National. “We really mean it.”

The EU in May unveiled a new partnership strategy with the Gulf. The partnership focuses on a range of topics, including trade and fighting climate change.

But energy relations came into particular focus with the start of the war in Ukraine in February as Brussels actively seeks to find alternative sources of energy to Russian gas.

Russia currently accounts for less than 9 per cent of Europe’s gas supplies, a figure that was above 40 per cent before the start of the war. The continent has found alternative suppliers in Norway, Azerbaijan and Algeria, but is also looking to the Gulf.

German chancellor Olaf Scholz is travelling to Saudi Arabia, the UAE and Qatar this weekend. Mr Scholz was in Canada last month where he signed a joint declaration of intent to establish a Canada-Germany hydrogen alliance.

Accelerating energy diversification was one of the main objectives announced by the EU Commission’s president Ursula von der Leyen in her state of the union address on September 14.

The EU wants to annually produce 10 million tonnes of renewable hydrogen by 2030 and will set up a European hydrogen bank to guarantee hydrogen purchases. Europe aims for no net emissions of greenhouse gases by 2050 as part of its Green Deal, which was approved in 2020.

Analysts widely view alternative energies such as hydrogen as one of the most promising fields of EU-GCC energy co-operation. “Gulf countries such as Saudi Arabia, the UAE, and Oman are increasingly interested in securing a prime spot in the international hydrogen market,” wrote ECFR research fellow on Europe and the Gulf, Cinzia Bianco, in a policy brief last year.

Together the EU and the GCC represent 20 per cent of the global economy, according to the joint communication to the European Parliament and the Council published in May by Mr Borrell and the European Commission.

“Gulf partners are reliable liquefied natural gas providers and have a considerable role and further potential in the context of overall sustainable energy security and a smooth transition to net-zero,” the joint communication said regarding the strategic partnership with the Gulf.

The years Ramadan fell in May

1987

1954

1921

1888

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
UAE currency: the story behind the money in your pockets
$1,000 award for 1,000 days on madrasa portal

Daily cash awards of $1,000 dollars will sweeten the Madrasa e-learning project by tempting more pupils to an education portal to deepen their understanding of math and sciences.

School children are required to watch an educational video each day and answer a question related to it. They then enter into a raffle draw for the $1,000 prize.

“We are targeting everyone who wants to learn. This will be $1,000 for 1,000 days so there will be a winner every day for 1,000 days,” said Sara Al Nuaimi, project manager of the Madrasa e-learning platform that was launched on Tuesday by the Vice President and Ruler of Dubai, to reach Arab pupils from kindergarten to grade 12 with educational videos.  

“The objective of the Madrasa is to become the number one reference for all Arab students in the world. The 5,000 videos we have online is just the beginning, we have big ambitions. Today in the Arab world there are 50 million students. We want to reach everyone who is willing to learn.”

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
Updated: September 23, 2022, 1:39 PM`