• The UAE has continued to attract foreign investment during the pandemic, with Adnoc agreeing a $20.7bn deal in June for a group of global asset managers to acquire leasing rights to parts of its gas pipeline network. Wam
    The UAE has continued to attract foreign investment during the pandemic, with Adnoc agreeing a $20.7bn deal in June for a group of global asset managers to acquire leasing rights to parts of its gas pipeline network. Wam
  • An Adnoc drilling rig in action. The company has achieved $2bn in savings over the past five years through the deployment of technology. Courtesy: Adnoc
    An Adnoc drilling rig in action. The company has achieved $2bn in savings over the past five years through the deployment of technology. Courtesy: Adnoc
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces (R), is updated on the progress of Adnoc's downstream projects in Ruwais. Mohamed Al Hammadi / Ministry of Presidential Affairs
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces (R), is updated on the progress of Adnoc's downstream projects in Ruwais. Mohamed Al Hammadi / Ministry of Presidential Affairs
  • Adnoc group chief executive and Minister of Industry and Advanced Technology, Dr Sultan Al Jaber has overseen a transformation of the company into a more commercially-focused organisation since he took on the role in early 2016. Image: Adnoc
    Adnoc group chief executive and Minister of Industry and Advanced Technology, Dr Sultan Al Jaber has overseen a transformation of the company into a more commercially-focused organisation since he took on the role in early 2016. Image: Adnoc
  • Adnoc refining operation in Ruwais. Courtesy: Adnoc
    Adnoc refining operation in Ruwais. Courtesy: Adnoc
  • Adnoc has been able to maximise the value of its assets including of its refining operations. Image: Adnoc
    Adnoc has been able to maximise the value of its assets including of its refining operations. Image: Adnoc
  • An Adnoc LNG facility. Image: Adnoc
    An Adnoc LNG facility. Image: Adnoc
  • Adnoc's Virtual Energy Centre is available to students and public interested in learning about the company. Image: Adnoc
    Adnoc's Virtual Energy Centre is available to students and public interested in learning about the company. Image: Adnoc
  • Fuel retailer Adnoc Distribution has expanded the number of its service stations. Image: Adnoc Distribution
    Fuel retailer Adnoc Distribution has expanded the number of its service stations. Image: Adnoc Distribution
  • Adnoc Distribution, the UAE’s largest fuel and convenience retailer, reported a 22% increase in third quarter profit as it nearly halved costs. Image: Adnoc
    Adnoc Distribution, the UAE’s largest fuel and convenience retailer, reported a 22% increase in third quarter profit as it nearly halved costs. Image: Adnoc
  • Adnoc's real time data monitoring centre lowered well duration by 30 per cent leading to cost savings of around $1bn. Khushnum Bhandari / The National
    Adnoc's real time data monitoring centre lowered well duration by 30 per cent leading to cost savings of around $1bn. Khushnum Bhandari / The National
  • Adnoc HQ on Abu Dhabi's Corniche. On Sunday, Abu Dhabi's Supreme Petroleum Council also approved the award of new oil and gas exploration blocks under a second competitive licensing round. Image: Adnoc
    Adnoc HQ on Abu Dhabi's Corniche. On Sunday, Abu Dhabi's Supreme Petroleum Council also approved the award of new oil and gas exploration blocks under a second competitive licensing round. Image: Adnoc
  • Adnoc HQ. Reuters
    Adnoc HQ. Reuters
  • Adnoc staff during a diving at the Adnoc Logistics and Services Maritime Logistics Base in Mussafah in Abu Dhabi. Pawan Singh / The National
    Adnoc staff during a diving at the Adnoc Logistics and Services Maritime Logistics Base in Mussafah in Abu Dhabi. Pawan Singh / The National
  • Adnoc vessels. Pawan Singh / The National
    Adnoc vessels. Pawan Singh / The National
  • Equipment at the Oil Spill Response warehouse at the Adnoc Logistics and Services Maritime Logistics Base in Mussaffah in Abu Dhabi. Pawan Singh / The National
    Equipment at the Oil Spill Response warehouse at the Adnoc Logistics and Services Maritime Logistics Base in Mussaffah in Abu Dhabi. Pawan Singh / The National
  • Schlumberger's operations base in the ICAD II area of Mussaffah in Abu Dhabi. Schlumberger, G42 and AIQ plan to work to identify pilot projects that have the potential to be commercialised. Christopher Pike / The National
    Schlumberger's operations base in the ICAD II area of Mussaffah in Abu Dhabi. Schlumberger, G42 and AIQ plan to work to identify pilot projects that have the potential to be commercialised. Christopher Pike / The National
  • The Panorama Command Centre at Adnoc's headquarters in Abu Dhabi. Adnoc formed a joint venture with G42 in October to develop and commercialise AI products for the energy industry. Khushnum Bhandari / The National
    The Panorama Command Centre at Adnoc's headquarters in Abu Dhabi. Adnoc formed a joint venture with G42 in October to develop and commercialise AI products for the energy industry. Khushnum Bhandari / The National
  • ADNOC's Panorama Digital Command Center. Courtesy Adnoc
    ADNOC's Panorama Digital Command Center. Courtesy Adnoc

Why hydrogen is the fuel of the future for UAE


  • English
  • Arabic

Sheikh Mohamed bin Zayed on Sunday directed Abu Dhabi National Oil Company to explore opportunities in hydrogen, with the ambition to position the UAE as a world leader in exploiting this ultimate green fuel.

The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces said the UAE has the chance to capitalise on the emerging global market for hydrogen by making use of Adnoc’s existing infrastructure, as well as Abu Dhabi’s vast reserves of natural gas.

Adnoc already produces hydrogen for its downstream operations and after this mandate will explore the potential to help meet the demand for hydrogen and ammonia derived from natural gas.

Here we look at why hydrogen is the fuel of the future:

Why is hydrogen so special?

Hydrogen is an energy source like no other. It is by far the most common element in the universe and when burnt releases nothing but heat and water. Hydrogen can also be used to generate clean electricity directly in battery-like devices called fuel cells.

In contrast, burning fossil fuels releases greenhouse gases such carbon dioxide, along with noxious pollutants such as oxides of nitrogen.

So why has it taken so long to exploit?

Despite its cosmic abundance, most hydrogen on Earth is bonded to other atoms – such as carbon in natural gas and oxygen in water – and freeing it requires energy. So hydrogen is a clean fuel only if clean methods are used to extract it.

Until now, 95 per cent of it has been produced from fossil fuels using high pressures and temperatures. Known as brown or grey hydrogen, it is anything but clean.

Another big problem is that hydrogen is a dilute source of energy, and needs compressing – another energy-intensive challenge. However, the UAE has been at the forefront of tackling these problems using clean, renewable sources of energy.

How is the UAE making hydrogen energy viable?

By focusing on so-called blue and green hydrogen projects. The former involves extracting hydrogen from fossil fuels such as natural gas, but making the process cleaner by capturing the carbon dioxide, which is either stored or put to use. Adnoc, the UAE’s biggest energy producer, has huge carbon capture facilities and is now planning to expand them.

The ultimate goal, however, is green hydrogen, where renewable sources such as solar energy are used to extract the gas from water using electrolysis.

The Mohammed bin Rashid Al Maktoum Solar Park in Dubai is on course to be the first solar-powered hydrogen plant in the Middle East. The megawatt-scale project will use electricity from solar panels to split hydrogen from oxygen in water and use it to generate clean power.

The generation of green hydrogen also offers a solution to the problem of storing renewable energy for times of low supply, such as after dark or on windless days.

But is hydrogen not incredibly dangerous?

The promise of hydrogen energy has long been blighted by images of the Hindenberg airship disaster in 1937 and the Challenger Space Shuttle explosion in 1986. Yet while hydrogen is highly flammable and easily ignited, industry has decades of experience in handling it safely, and experts insist it poses no greater safety risk than petrol.

The UAE has already addressed such concerns, last year becoming the first Middle East country to draw up safety regulations for hydrogen-powered transport.

Nikola founder Trevor Milton, whose hydrogen powered truck company could transform freight and goods deliveries, is now worth $7.1bn. Reuters
Nikola founder Trevor Milton, whose hydrogen powered truck company could transform freight and goods deliveries, is now worth $7.1bn. Reuters

When will we see hydrogen-powered vehicles?

They are already on the roads, albeit in modest numbers. Dubai opened the first hydrogen filling station in the Middle East in October 2017 and it serves vehicles powered by fuel cells, a key part of the hydrogen energy revolution.

Invented by the Welsh chemist William Grove almost 180 years ago, the fuel cell generates electricity by stripping electrons off hydrogen gas, producing water as its only waste product.

With transport being responsible for 20 per cent of the world’s carbon dioxide emissions and blamed for life-threatening pollution, the wider use of fuel cells is one of the biggest attractions of the switch to hydrogen. Abu Dhabi Police has already announced plans to convert some of its vehicle fleet to fuel cells in the coming years.

Will hydrogen help the UAE meet its Paris Agreement obligations?

The UAE became the first Middle Eastern country to ratify the UN Paris Climate Agreement in 2016. This committed the Emirates to helping to keep global average temperatures well below 2°C above pre-industrial levels. But some experts say green hydrogen alone will not be enough to achieve this.

They point out that while blue hydrogen derived from fossil fuels may be less attractive, it remains the most cost-effective source, and could support the switch to hydrogen while green hydrogen becomes more competitive. At present, green hydrogen is six times more expensive than oil as a source of energy.

Abu Dhabi, United Arab Emirates, October 10, 2016: Students from ADNOC schools male campus tour the core cleaning lab at the Schlumberger operational base in the ICAD II area of Musaffah in Abu Dhabi on October 10, 2016. The tour is part of a program hosted by Young ADIPEC, a program to introduce students to careers in oil and gas sector. Christopher Pike / The National Job ID: 20963 Reporter: Roberta Pennington Section: News Keywords: *** Local Caption *** CP1010-na-YoungADIPEC09.JPG
Abu Dhabi, United Arab Emirates, October 10, 2016: Students from ADNOC schools male campus tour the core cleaning lab at the Schlumberger operational base in the ICAD II area of Musaffah in Abu Dhabi on October 10, 2016. The tour is part of a program hosted by Young ADIPEC, a program to introduce students to careers in oil and gas sector. Christopher Pike / The National Job ID: 20963 Reporter: Roberta Pennington Section: News Keywords: *** Local Caption *** CP1010-na-YoungADIPEC09.JPG

What other benefits could come from the push for hydrogen?

According to the International Energy Agency, there is now “unprecedented political and business momentum” behind hydrogen, driven by the pressure to replace fossil fuels.

A recent Bank of America report estimated hydrogen-based energy generation, transport and home heating could generate $2.5 trillion of direct revenue, plus $11tn in infrastructure potential globally over the next 30 years.

China, Japan, South Korea and the EU are already investing huge sums in hydrogen energy. Last week, British Prime Minister Boris Johnson included hydrogen in his £12 billion ($15.93bn) plan for a “green industrial revolution”.

There is thus a huge market awaiting those nations who can lead the world in supplying hydrogen and the technology to exploit it.

Saudi Arabia has already revealed plans to build the world’s largest green hydrogen plant, powered by four gigawatts of wind and solar power. With today’s announcement, the UAE has shown it also intends to be taken seriously in the race to exploit the ultimate green fuel.

Robert Matthews is visiting professor of science at Aston University, Birmingham, UK

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat
Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
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

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

UJDA CHAMAN

Produced: Panorama Studios International

Directed: Abhishek Pathak

Cast: Sunny Singh, Maanvi Gagroo, Grusha Kapoor, Saurabh Shukla

Rating: 3.5 /5 stars

The biog

Favourite colour: Brown

Favourite Movie: Resident Evil

Hobbies: Painting, Cooking, Imitating Voices

Favourite food: Pizza

Trivia: Was the voice of three characters in the Emirati animation, Shaabiyat Al Cartoon

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
FINAL SCORES

Fujairah 130 for 8 in 20 overs

(Sandy Sandeep 29, Hamdan Tahir 26 no, Umair Ali 2-15)

Sharjah 131 for 8 in 19.3 overs

(Kashif Daud 51, Umair Ali 20, Rohan Mustafa 2-17, Sabir Rao 2-26)

Match info:

Wolves 1
Boly (57')

Manchester City 1
Laporte (69')

LOVE%20AGAIN
%3Cp%3EDirector%3A%20Jim%20Strouse%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Priyanka%20Chopra%20Jonas%2C%20Sam%20Heughan%2C%20Celine%20Dion%3C%2Fp%3E%0A%3Cp%3ERating%3A%202%2F5%3C%2Fp%3E%0A
Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

match info

Chelsea 2
Willian (13'), Ross Barkley (64')

Liverpool 0

Results

2.15pm: Maiden (PA) Dh40,000 1,700m; Winner: AF Arrab, Antonio Fresu (jockey), Ernst Oertel (trainer).

2.45pm: Maiden (PA) Dh40,000 1,700m; Winner: AF Mahaleel, Antonio Fresu, Ernst Oertel.

3.15pm: Sheikh Ahmed bin Rashid Al Maktoum handicap (TB) Dh200,000 2,000m; Winner: Dolmen, Richard Mullen, Satish Seemar.

3.45pm: Handicap (PA) Dh40,000 1,200m; Winner: Amang Alawda, Sandro Paiva, Bakhit Al Ketbi.

4.15pm: The Crown Prince of Sharjah Cup Prestige (PA) Dh200,000 1,200m; Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel.

4.45pm: Handicap (PA) Dh40,000 2,000m; Winner: Al Jazi, Jesus Rosales, Eric Lemartinel.

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%3Cp%3EAuthor%3A%20Salha%20Al%20Busaidy%3C%2Fp%3E%0A%3Cp%3EPages%3A%20316%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%20The%20Dreamwork%20Collective%C2%A0%3C%2Fp%3E%0A