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UAE weather update: Rain, cooler temperatures, and rough seas forecast

Rainfall, a drop in temperatures, and increased humidity forecast for Thursday and Friday

Gulf Business
Gulf Business

08 January, 2025

UAE weather update: Rain, cooler temperatures, and rough seas forecast
Credit: Getty Images

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The UAE is set to experience a shift in weather conditions, with rainfall, a drop in temperatures, and increased humidity forecast for Thursday and Friday.

According to the National Centre of Meteorology (NCM), parts of Abu Dhabi, Al Ain, and other northern, eastern, and coastal areas can expect light to moderate rain, along with the formation of convective clouds.

Already, light rain was reported over parts of Abu Dhabi on Wednesday evening, including areas north of Razeen. Authorities have urged motorists to drive cautiously owing to slippery roads and to adhere to adjusted speed limits in rainy conditions.

Cooler weather and possible fog

The temperature is set to decline gradually across the country. The lowest temperature recorded early this morning was 6.1°C in Raknah, Al Ain, at 3:15am, while the highest reached 27°C at Ras Al Khaimah International Airport at 3pm.

Humidity is expected to rise overnight and into Friday morning, increasing the likelihood of mist or fog formation in some coastal and internal areas. The NCM has advised residents to be prepared for reduced visibility, especially during the early morning hours.

Winds and sea conditions

Northwesterly winds will persist, ranging between 10 to 25 km/h, with gusts reaching up to 40 km/h in exposed areas. These conditions may lead to dust and reduced visibility in some regions.

Mariners have been advised to exercise caution as sea conditions will be moderate to rough in the Arabian Gulf by night, while the Oman Sea will remain slight to moderate.

Legendary comedian John Cleese returns to Dubai Opera on January 25

Tickets for John Cleese’s show start at Dhs210 and are available on dubaiopera.com

Gulf Business
Gulf Business

08 January, 2025

Legendary comedian John Cleese returns to Dubai Opera on January 25
Image credit: Supplied

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Renowned British comedian John Cleese is coming back to Dubai, much to the excitement of his legion of fans in the UAE.

Dubai Opera and Motivate Talent will be presenting ‘An Evening with John Cleese’ on Saturday, January 25 at 5.00 pm, featuring the veteran actor and comedian in his element. So, if you’re in the mood for a good laugh (and who isn’t these days) – this is the show for you.

Tickets are available in five categories starting from Dhs210 and are available on dubaiopera.com: It’s Dhs210 for silver tickets, Dhs290 for gold, Dhs360 for platinum, Dhs460 for diamond and VIP is Dhs570.

At 86 years of age, Cleese’s boundless energy and inimitable sense of humour are sure to leave you in splits and thoroughly entertained.

Taking the stage at Dubai Opera’s Performing Arts Centre, Cleese will treat the audience to a captivating evening of humorous anecdotes and sharp witticisms, offering a glimpse into his remarkable life and career.

Born in October 1939, Cleese made his first mark as a member of the legendary Monty Python Troupe in the 1960s and has gone on to write, produce, direct and star in some of the greatest comedic hits of the last 50 years, receiving an Oscar nomination for the best screenplay for A Fish Called Wanda.

From films like Monty Python and the Holy Grail and Life of Brian, as well as the classic TV show Faulty Towers, many of his iconic cinematic moments are part of everyday pop culture across all generations.

Cleese is a philanthropist who has supported numerous charities, including Amnesty International, Dream Foundation, and the Small Steps Project.

Read: Renowned authors Jay Shetty, Steven Bartlett set for Dubai debut at Mindvalley’s Future Human 2025

AIQ, Ecopetrol partner to support Colombia’s energy transition

With a growing presence in Latin America and a significant presence in the UAE, AIQ’s partnership with Ecopetrol offers the company a unique opportunity to expand its AI-driven solutions to new markets

Gulf Business
Gulf Business

08 January, 2025

AIQ, Ecopetrol partner to support Colombia’s energy transition
Image: Getty Images/ For illustrative purposes

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Abu Dhabi-based AIQ, an Abu Dhabi-based leader in AI-driven energy solutions, has signed a strategic collaboration agreement (SCA) with Colombia’s national oil giant, Ecopetrol, to explore the integration of AI-powered technologies into Ecopetrol’s operations.

The agreement is set for an initial 24-month period.

The move aligns with both the company’s ambitions for global expansion and Ecopetrol’s ongoing push to strengthen its energy transition strategies.

“We are excited about this agreement, as it marks a significant step for AIQ in extending our reach beyond the UAE,” said Magzhan Kenesbai, acting MD of AIQ. “Ecopetrol, as a prominent national oil company, had the option to work with any global AI provider, and their selection of AIQ is a powerful validation of our capabilities. We look forward to contributing to Ecopetrol’s strategic goals by delivering innovative AI solutions that can enhance their operational effectiveness and sustainability efforts.”

AIQ’s regional expansion and technological prowess

This collaboration is part of AIQ’s broader international growth strategy. The company has already made significant strides in the AI-powered energy sector, with a portfolio of over 14 AI products tailored to improve the performance and sustainability of energy operations.

Francisco Goncalves, head of AIQ Latin America, highlighted the company’s growing international profile, stating, “AIQ’s data analytics and AI solutions are already creating a measurable impact in the energy and oil & gas sectors, and our reputation continues to expand globally.”

The collaboration is also in line with Ecopetrol’s forward-looking plans to spearhead the energy transition in Colombia, focusing on the application of advanced technologies to reduce the carbon footprint and improve energy efficiency. Luis Felipe Rivera, VP of Science, Technology, and Innovation at Ecopetrol, explained, “This agreement represents a key step in strengthening ties with international players working on AI, a critical technology for accelerating our energy transition.”

Investment in AI and other advanced technologies is central to Ecopetrol’s strategy, allowing the company to streamline operations, reduce environmental impact, and accelerate its transition towards cleaner energy.

The AI solutions are expected to complement Ecopetrol’s ambitious goals. As the SCA progresses, the companies aim to jointly deploy AI technologies that target everything from optimisation of oil and gas production to improving safety standards across Ecopetrol’s value chain.

Building on global success

AIQ‘s success in forging high-profile partnerships, such as with ADNOC (Abu Dhabi National Oil Company), is setting the stage for future growth.

In November 2024, AIQ, in collaboration with G42 and Microsoft, launched ENERGYai, the world’s first custom-built AI solution designed to aid the global energy transformation. This marks a milestone in AIQ’s efforts to develop highly specialised solutions for the energy sector.

AIQ’s portfolio includes RoboWell, the world’s first autonomous well control solution, and EmissionX, an AI-powered emissions forecasting tool. The company’s product range spans everything from autonomous systems for oil and gas fields to AI-driven safety monitoring tools, underscoring its commitment to technological advancement and environmental stewardship.

AIQ’s growing portfolio is particularly relevant as the energy industry continues to embrace AI and big data to increase operational efficiency, reduce emissions, and improve profitability. The collaboration with Ecopetrol is expected to serve as another key pillar in AIQ’s broader strategy to become a global leader in AI solutions for energy.

With a growing presence in Latin America and a significant presence in the UAE, AIQ’s partnership with Ecopetrol offers the company a unique opportunity to expand its AI-driven solutions to new markets. The SCA is set to last for 24 months, with the possibility of extension through mutual agreement.

As both parties move forward, the partnership offers a promising outlook for the application of AI in the energy sector, helping to define the future of energy in both Colombia and the wider Latin American region.

Carrefour exits Oman as Majid Al Futtaim shifts to Hypermax

The exit from Oman follows Carrefour’s closure in Jordan on November, a move that was accompanied by the launch of a new retail brand Hypermax

Gareth van Zyl
Gareth van Zyl

08 January, 2025

Carrefour exits Oman as Majid Al Futtaim shifts to Hypermax
A Carrefour supermarket in the Omani capital Muscat. (Credit: Getty Images)

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French multinational retail giant Carrefour will no longer operate in Oman as of January 7, 2025, marking a major shift in the country’s retail landscape.

The announcement was made via Carrefour Oman’s official Instagram page on Tuesday.

“As of January 7, 2025, Carrefour will cease all its operations in Oman,” the statement read.

Carrefour Oman is operated by UAE-based Majid Al Futtaim (MAF), which has held exclusive rights to the brand in the Middle East and North Africa since 1995. MAF introduced the first Carrefour hypermarket in the region at City Centre Deira in Dubai and, as of 2020, operated over 320 Carrefour outlets across 16 countries.

The exit from Oman follows Carrefour’s closure in Jordan on November 4, 2024, a move that was accompanied by the launch of a new retail brand, Hypermax, fully owned by MAF. Reports suggest that some Carrefour stores in Oman are already being rebranded under the Hypermax name.

READ MORE: UAE’s MAF replaces Carrefour in Jordan with new ‘Arab grocery chain’

Carrefour had a major presence in Oman, with stores in key locations such as City Centre Muscat, City Centre Qurm, and the Mall of Oman, as well as smaller outlets in Muscat Grand Mall and Oasis Mall.

ADNOC L&S issues $2bn hybrid capital facility to fund growth

The initial drawing against the facility will be $1.1bn, leaving $0.9bn capacity available to be drawn until December 31, 2026

Kudakwashe Muzoriwa
Kudakwashe Muzoriwa

08 January, 2025

ADNOC L&S issues $2bn hybrid capital facility to fund growth
Image credit: GIUSEPPE CACACE/ Getty Images

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UAE’s ADNOC Logistics & Services (ADNOC L&S) has issued a $1.1-2.0bn (Dhs4.0-7.3bn) hybrid capital instrument to fund growth, including the acquisition of Navig8 and finance value-accretive investments.

“Approximately $1bn of the hybrid capital instrument will be utilised to fund the acquisition of Navig8. The remainder is available to fund announced or new value-accretive investments,” ADNOC L&S said in a bourse filing.

The Abu Dhabi-listed energy logistics firm said that the initial drawing against the facility will be $1.1bn, leaving $0.9bn capacity available to be drawn until December 31, 2026.

“The combination of existing cash, the new finance facility, and the cash flow from our contracted vessels ensures that we are adequately funded to capitalise on value-accretive growth opportunities in line with our strategy of building a leading energy maritime and logistics company,” said Abdulkareem Al Masabi, the CEO of ADNOC L&S.

The first drawdown against the facility bears an all-in pricing below SOFR (Secured Overnight Financing Rate) +150 basis points and is repayable at the company’s discretion.

Since its initial public offering in June 2023, ADNOC L&S has committed to investing more than $5 bn in energy-related maritime logistics. The company has set a target leverage of 2.0 – 2.5x net debt-to-EBITDA.

Societe Generale arranged and led the financing facility, with participation from Abu Dhabi Commercial Bank, First Abu Dhabi Bank, Crédit Agricole Corporate and Investment Bank, BBVA, and DBS Bank.

Meanwhile, ADNOC L&S has completed the acquisition of an 80 per cent stake in maritime logistics firm Navig8 TopCo Holdings in a deal valued at $1.04bn, with a contractual commitment to acquire the remaining 20 per cent in mid-2027.

The acquisitions will give ADNOC L&S access to Navig8’s fleet of 32 tankers and global footprint in 15 cities across five continents. The deal will also expand the energy logistics firm’s service portfolio by adding commercial pooling and bunkering services, internationalising commercial reach and technical management and extending ESG-focused industrial and digital solutions.

Read: ADNOC L&S awards $4.4bn contracts to build 23 supertankers

How UAE-based Renie’s smart tech is redefining waste management

Sander Van Waes, the company’s founder and CEO, shares how Renie’s innovative solutions are helping organisations across the region embrace responsible waste practices

Neesha Salian
Neesha Salian

08 January, 2025

How UAE-based Renie’s smart tech is redefining waste management
Image: Supplied

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In a world where waste management is often seen as a costly necessity, Renie is flipping the script by turning waste into a revenue-generating asset. In an interview with Sander Van Waes, the visionary behind Renie, we explore how the company’s cutting-edge ‘Smart Bins’ and data-driven approach are reshaping the waste management landscape in the UAE.

By partnering with major players like Tetra Pak and manufacturing locally, Renie is not only driving sustainability but also making it financially viable for businesses. The company’s founder and CEO shares how its innovative solutions are helping organisations across the region embrace responsible waste practices, align with the UAE’s zero-waste vision and lead the way towards a circular economy.

Tell us more about Renie, its vision, and how it envisions shaping the future of waste management through innovation and sustainability.

Waste management is often seen as a cost centre for companies and governments worldwide. We aim to transform this perception by leveraging advanced data analytics and smart technology to turn waste into revenue. By monetising waste streams, we make sustainable practices not only more accessible but also financially attractive for businesses.

Incentivising organisations to adopt responsible waste management and recycling, fundamentally reshaping sustainability from being only a responsibility to a strategic, value-driven opportunity.

What inspired Renie to develop these Smart Bins, and how does the technology convert waste into a revenue-generating asset?

In my previous company, I observed that sustainability initiatives were often seen as cost centres for businesses, with only a tiny fraction of revenue allocated toward such efforts. This inspired me to challenge the status quo and redefine sustainability as a driver of income rather than an expense.

Renie’s Smart Bins were born from this vision. These do more than collect waste — they extract valuable data points processed through our monetisation platforms.

This technology converts waste-related data into revenue, ensuring that every step, from waste collection to its arrival at a recycling facility, contributes to a financial return. By rewarding companies for managing waste sustainably, we’re not just transforming waste management but also embedding sustainability into the business growth model.

Can you share specific examples of how this technology has impacted businesses?

Absolutely. Our technology has encouraged numerous organisations across sectors — hotels, residential complexes, and office buildings — to adopt waste segregation and recycling practices. With more than 2,000 Smart Bins deployed, businesses consistently embraced source-level segregation.

This shift has delivered measurable benefits, including increased recycling rates, reduced waste disposal costs, and a significant reduction in their environmental footprint.

How do Renie’s Smart Bins work in the Tetra Pak partnership, and what role do they play in making carton recycling accessible across the UAE?

Our partnership with Tetra Pak is a testament to how our technology facilitates large-scale recycling initiatives. Renie Smart Bins are now equipped to accept Tetra Pak cartons at all our collection sites, offering consumers an easy and efficient recycling process. By enabling the segregation of cartons at source, we ensure they are directed straight to recycling facilities.

This collaboration boosts the volume of recycled cartons and makes recycling more accessible for everyday consumers, directly supporting Tetra Pak’s efforts to enhance recycling rates in the UAE.

How do the real-time tracking and data analysis help drive sustainable waste management and influence consumer behaviour towards recycling?

Real-time tracking is integral to our approach. Our technology ensures that data monetisation only occurs once the waste reaches a recycling facility, fostering accountability and transparency. This guarantees measurable impact and builds trust among businesses.

By aligning financial incentives with sustainable practices, we encourage companies and consumers to embrace recycling, driving a cultural shift towards more responsible waste management.

Share more about the manufacturing process of Renie Bins in the UAE.

We are proud to manage the entire manufacturing process of Renie Bins at our in-house facility in Sharjah, UAE.

From designing the bin casings to assembling the advanced modules with our custom sensors and processors, every aspect is handled and produced under one roof. This approach allows us to maintain rigorous quality control, drive continuous innovation, and tailor solutions to specific needs.

We are working with several large groups in the country to launch Renie Smart Bins at their extensive sites.

By manufacturing in the UAE, we align with the country’s commitment to fostering local industries and achieving sustainable development as part of the UAE Vision.

This reduces the environmental impact associated with imports and supports the local economy.

What are the long-term goals for Renie in the UAE? How do you see your solutions aligning with the UAE’s vision and its commitment to a zero-waste future?

Our vision for Renie in the UAE is ambitious and impactful. We aim to make waste segregation at the source a standard practice across various sectors, from residential areas to commercial spaces.

By providing scalable, affordable solutions, we aspire to divert significant waste from landfills, supporting the UAE’s commitment to a zero-waste future.

Each Renie Bin deployed is a step towards creating a circular economy where waste is no longer seen as a liability but as a valuable resource.

By helping businesses and communities adopt more responsible waste practices, we contribute to the nation’s broader goal of creating a greener, more sustainable future.

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