AED4 billion of projects by Abu Dhabi Fund for Development in Egypt

ADBU DHABI — A total of AED4 billion worth of grants and concessionary loans has been provided by Abu Dhabi Fund for Development, ADFD, to Egypt spanning across 64 development projects.

ADFD and the Government of Egypt have long enjoyed close and strategic ties. The constructive cooperation between the two parties continues to promote sustainable development in vital economic sectors that benefit the citizens of Egypt.

The funded projects spanned over diverse sectors, most notably transport, housing, agriculture and irrigation, energy, industry and mining, education and healthcare.

In addition, ADFD owns an 84 percent stake in Abu Dhabi Tourist Investment Company, a Cairo-based hotel and tourism holding firm, Mohammed Saif Al Suwaidi, Director General of ADFD, has stated.

Al Suwaidi made the statements on the occasion of Egypt’s July 23 Revolution Day, where he complimented the government and people of Egypt on making significant headway in fulfilling the nation’s development goals.

He noted that such efforts would significantly contribute to improving the everyday lives of its citizens and accelerate Egypt’s economic growth.

He emphasised ADFD’s keenness to bolster the Egyptian government’s endeavours through financing projects that support infrastructure development � a prerequisite for socio-economic growth and prosperity.

He added, “ADFD’s work in Egypt over the past four decades is a testimony to the fund’s crucial role in boosting economic and social development across developing countries. The fund’s projects align with the expansive vision and goals of the Egyptian government.”

Source: Emirates News Agency

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Work at full tilt at Mohammed Bin Rashid Solar Plant’s R&D Centre

DUBAI — The Senior Management of Dubai Electricity and Water Authority, DEWA, has got firsthand experience of the progress of work at the Research & Development, R&D, Centre, at the Mohammed bin Rashid Al Maktoum Solar Park, in Seih Al-Dahal, Dubai as part of a regular follow-up of DEWA’s essential projects.

Saeed Mohammed Al Tayer, MD & CEO, DEWA, was briefed on the progress of the R&D Centre, by representatives from Stantec International; the consulting company responsible for design and construction of the Centre, as well as representatives from Reem Capital Contracting, RCC. Al Tayer stressed the need to adhere to the highest standards of security, health and safety, and to complete the project according to the highest quality standards and the project contractual schedule.

“In line with the directives of Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and in adherence with the National Innovation Strategy, we are working to enhance the excellence and competitiveness of the UAE and Dubai, by providing the highest quality government services. The R&D Centre will adopt a strategic perspective to keep abreast of scientific and research developments in the field of renewable energy, and will support the objectives of the Dubai Clean Energy Strategy 2050 to diversify energy sources and enhance energy efficiency,” he noted.

“The Centre aims to support DEWA’s vision to promote sustainability in energy supply, diversify energy sources, and create a business environment that encourages innovation. It also aims to support Dubai’s strategy to build a knowledge-based economy by improving efficiency standards and supporting renewable energy initiatives, especially the solar energy and related initiatives and activities. The Centre will contribute to strengthening Dubai’s position as a global hub, for research and development, in the field of solar energy, smart grids, and energy and water efficiency. It will also enhance capacity building in these sectors to enable Dubai to meet the requirements of sustainable development in the emirate. We aim to create a platform for innovation and creativity in renewable energy and clean technologies, and we will train our national capabilities, to keep up with this requirement,” he added.

The R&D Centre was launched in 2014, and will focus on four key operations. These include producing electricity using solar energy, integration of smart grids, energy efficiency, and water. A total of AED 500 million is being dedicated towards R&D and the Centre will be ready in 2020. The R&D Centre infrastructure includes indoor laboratories, to study and test the reliability of systems. The outdoor laboratories will conduct field tests of techniques and tools, which include studies on mitigating the effects of dust on the performance of solar panels. This is part of DEWA’s efforts to promote the production of clean energy, and reduce operating costs.

The Centre includes an Unmanned Aerial Vehicles, UAVs, lab, built with 3D-printing technology. DEWA is studying the possibility of using 3D-printing technology in the development of spare parts, to improve the performance of UAVs, based on Artificial Intelligence in the maintenance and operations in its work. DEWA is also studying the possibility of utilising this technology, to promote innovation and creativity, in cooperation with prestigious research centres and universities around the world. Through its R&D initiatives, DEWA is utilising 3D printing and additive manufacturing, as innovative solutions for its internal printing operations for non-metallic spare parts for equipment. This eliminated the lead time for procurement, reduce costs, extends the lifetime of the equipment, and enhances innovation at DEWA.

DEWA has signed agreements with several national entities, institutions, and companies, including the National Renewable Energy Laboratory, NREL, of the US Department of Energy, and the Spanish National Renewable Energy Centre, CENER, in R&D, and the latest developments in the fields of energy, water and the environment. DEWA is also collaborating with the United Arab Emirates University (UAEU), and Khalifa University, in the field of joint research and studies in renewable energy.

Senior DEWA officials accompanying Al Tayer included Abdullah Obaidullah, Executive Vice President of Water & Civil; Jamal Shaheen Al Hammadi, Vice President of Special Projects; and Mohammed Al Shamsi, Vice President of Civil Projects Engineering & Water Maintenance.

Source: Emirates News Agency

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