{"id":119025,"date":"2025-11-03T08:00:08","date_gmt":"2025-11-03T08:00:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/119025\/"},"modified":"2025-11-03T08:00:08","modified_gmt":"2025-11-03T08:00:08","slug":"adnoc-calls-for-massive-investment-in-energy-to-fuel-global-data-centres","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/119025\/","title":{"rendered":"Adnoc calls for ‘massive’ investment in energy to fuel global data centres"},"content":{"rendered":"

Demand for energy<\/a>, including new grids and data centres, will require up to $4 trillion in investment, Dr Sultan Al Jaber<\/a>, Adnoc’s managing director and group chief executive, told an energy conference on Monday.<\/p>\n

“We need massive capital investment. We are talking about more than $4 trillion annually to cover grids, data centres <\/a>and all sources of energy supply,” Dr Al Jaber said in his opening address to the Abu Dhabi International Petroleum Exhibition and Conference (Adipec).<\/p>\n

The growth of AI and data centres requires a higher demand for gas and infrastructure outlay. “Gas provides more than a quarter of the baseload power required by data centres and a shortage of gas turbines is turning a supply crunch into a choke point that is pushing electricity prices higher,” said Dr Al Jaber, who is also the UAE Minister of Industry and Advanced Technology.<\/p>\n

He highlighted the need for infrastructure to support artificial intelligence and data centre development. “We need at least six million kilometres of new transmission lines by 2050. You simply can\u2019t run tomorrow\u2019s economy on yesterday\u2019s grid,” he said.<\/p>\n

AI is increasingly common in the energy industry, with one in five companies now using agentic AI in their operations, a recent Adnoc-Microsoft report found. Agentic AI has a high degree of autonomy that makes decisions on complex decisions in specific projects or across different functions.<\/p>\n

About 88 per cent of executives believe AI has a positive effect on energy and their relationship is now “symbiotic”, the report added.<\/p>\n

In his opening comments, Dr Al Jaber said Adnoc was focused on becoming the most “AI native energy company”.<\/p>\n

On Sunday, Adnoc and Microsoft signed a deal to develop AI agents to be used across its various functions. AI agents can allow for automation of processes such as production, maintenance, monitoring and data analysis. They reduce the risks of human error because the AI agents automate routine and complex tasks on their own.<\/p>\n

Adnoc<\/a> also signed three deals with US-based Gecko Robotics to use robotics and AI across its operations. The agreements are to explore the use of robotics and AI across the major oil company’s operations to boost efficiency and train UAE citizens.<\/p>\n

The agreements cover a multi-year technology roll-out for Adnoc Gas, joint training programmes with the Adnoc Technical Academy and the introduction of robotics and AI-powered analytics across Adnoc’s assets to reduce downtime and support data-driven maintenance, the Abu Dhabi-based company<\/a> said on Sunday.<\/p>\n

COMPANY PROFILE<\/p>\n

\u25cf Company:\u00a0Bidzi<\/p>\n

\u25cf\u00a0Started:\u00a02024<\/p>\n

\u25cf\u00a0Founders:\u00a0Akshay Dosaj and Asif Rashid<\/p>\n

\u25cf\u00a0Based:\u00a0Dubai, UAE<\/p>\n

\u25cf\u00a0Industry:\u00a0M&A<\/p>\n

\u25cf\u00a0Funding size:\u00a0Bootstrapped<\/p>\n

\u25cf\u00a0No of employees:\u00a0Nine<\/p>\n

Bookshops: A Reader’s History\u00a0by Jorge Carri\u00f3n (translated from the Spanish by Peter Bush),
Biblioasis<\/p>\n

Real estate tokenisation project<\/p>\n

Dubai launched the pilot phase of its real estate tokenisation project last month.<\/p>\n

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.<\/p>\n

Dubai\u2019s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate\u2019s total property transactions, according to the DLD.<\/p>\n

Evacuations to France hit by controversy
\nOver 500 Gazans have been evacuated to France since November 2023
\nEvacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
\nThe Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
\nArtists and researchers fall under a programme called Pause that began in 2017
\nIt has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
\nSince the start of the Gaza war, it has also included 45 Gazan beneficiaries
\nUnlike students, they are allowed to bring their families to France
\nCompany%C2%A0profile<\/p>\n

%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ETuhoon%0D%3Cbr%3E%3Cstrong%3EYear%20started%3A%20%3C%2Fstrong%3EJune%202021%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%20%3C%2Fstrong%3EFares%20Ghandour%2C%20Dr%20Naif%20Almutawa%2C%20Aymane%20Sennoussi%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Ehealth%20care%0D%3Cbr%3E%3Cstrong%3ESize%3A%20%3C%2Fstrong%3E15%20employees%2C%20%24250%2C000%20in%20revenue%0D%3Cbr%3EI%3Cstrong%3Envestment%20stage%3A%20s%3C%2Fstrong%3Eeed%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EWamda%20Capital%2C%20Nuwa%20Capital%2C%20angel%20investors%3C%2Fp%3E%0A<\/p>\n

The burning issue<\/p>\n

The\u00a0internal combustion engine is facing a watershed moment \u2013\u00a0major manufacturer\u00a0Volvo\u00a0is to stop\u00a0producing petroleum-powered vehicles by 2021\u00a0and countries in Europe, including the UK, have vowed to ban their sale before 2040.\u00a0The National\u00a0takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.\u00a0<\/p>\n

Read part four:\u00a0an affection for classic cars lives on<\/a><\/p>\n

Read part three:\u00a0the age of the electric vehicle begins<\/a><\/p>\n

Read part one:\u00a0how cars came to the UAE<\/a><\/p>\n

\u00a0<\/p>\n

RACE CARD AND SELECTIONS<\/p>\n

5pm: Maiden (PA) Dh80,000 1,200m<\/p>\n

5,30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,200m<\/p>\n

6pm: The President\u2019s Cup Listed (TB) Dh380,000 1,400m<\/p>\n

6.30pm: The President\u2019s Cup Group One (PA) Dh2,500,000 2,200m<\/p>\n

7pm: Arabian Triple Crown Listed (PA) Dh230,000 1,600m<\/p>\n

7.30pm: Handicap (PA) Dh80,000 1,400m<\/p>\n

\u00a0<\/p>\n

The National selections<\/p>\n

5pm: RB Hot Spot<\/p>\n

5.30pm: Dahess D\u2019Arabie<\/p>\n

6pm: Taamol<\/p>\n

6.30pm: Rmmas<\/p>\n

7pm: RB Seqondtonone<\/p>\n

7.30pm: AF Mouthirah<\/p>\n

Tamkeen’s offering
\nOption 1: 70% in year 1, 50% in year 2, 30% in year 3
\nOption 2:\u00a050% across three years
\nOption 3:\u00a030% across five years\u00a0
\nUAE currency: the story behind the money in your pockets<\/p>\n

SM Town Live is on Friday, April 6 at Autism Rocks Arena, Dubai. Tickets are Dh375 at www.platinumlist.net<\/a><\/p>\n

Tips to stay safe during hot weather
\nStay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
\nSeek cool environments: Use air conditioning, fans, or visit\u00a0community spaces with climate control.
\nLimit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
\nDress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
\nCheck on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
\nHome adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
\nRecognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
\nFarage on Muslim Brotherhood<\/p>\n

Nigel Farage told Reform’s annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
“We will stop dangerous organisations with links to terrorism operating in our country,” he said. “Quite why we’ve been so gutless about this \u2013 both Labour and Conservative \u2013 I don’t know.
\u201cAll across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.\u201d
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat’s findings was an assessment that \u201cthe use of extreme violence in the pursuit of the perfect Islamic society\u201d has \u201cnever been institutionally disowned\u201d by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a “possible indicator of extremism” but it would not be banned.<\/p>\n

The biog<\/p>\n

Born:\u00a0Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and\u00a0fitness: she works out every day, enjoying kickboxing and\u00a0basketball<\/p>\n

Water waste<\/p>\n

In the UAE\u2019s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.<\/p>\n

Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won’t be dried up by the sun.<\/p>\n

A\u00a0global report\u00a0published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.<\/p>\n

The Emirates is the world\u2019s third largest per capita water consumer after the US and Canada.<\/p>\n

The specs
\nEngine: 3.9-litre twin-turbo V8
\nPower:\u00a0640hp
\nTorque: 760nm
\nOn sale: 2026
\nPrice: Not announced yet
\nTeri%20Baaton%20Mein%20Aisa%20Uljha%20Jiya<\/p>\n

%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Amit%20Joshi%20and%20Aradhana%20Sah%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECast%3A%3C%2Fstrong%3E%20Shahid%20Kapoor%2C%20Kriti%20Sanon%2C%20Dharmendra%2C%20Dimple%20Kapadia%2C%20Rakesh%20Bedi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A<\/p>\n

How to keep control of your emotions<\/p>\n

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.<\/p>\n

Greed<\/p>\n

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. \u201cAll too often, they incur a heavy loss and may even wipe out the profit already made.<\/p>\n

Tip: Ignore the short-term hype, noise and froth\u00a0and invest for the long-term plan, based on sound fundamentals.<\/p>\n

Fear <\/p>\n

The risk of making a loss can cloud decision-making. \u201cThis can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,\u201d he says.<\/p>\n

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.<\/p>\n

Hope<\/p>\n

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.<\/p>\n

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.<\/p>\n

Frustration<\/p>\n

Traders can get annoyed when the markets have behaved in unexpected ways\u00a0and generates losses or fails to deliver anticipated gains.<\/p>\n

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.<\/p>\n

Boredom<\/p>\n

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.<\/p>\n

Tip: Open an online demo account\u00a0and get your thrills without risking real money.<\/p>\n

Killing of Qassem Suleimani<\/p>\n

War<\/p>\n

Director: Siddharth Anand<\/p>\n

Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor<\/p>\n

Rating: Two out of five stars\u00a0<\/p>\n

THE BIO<\/p>\n

Age: 30<\/p>\n

Favourite book: The Power of Habit<\/p>\n

Favourite quote: “The world is full of good people, if you cannot find one, be one”<\/p>\n

Favourite exercise: The snatch<\/p>\n

Favourite colour: Blue<\/p>\n

Our legal consultants<\/p>\n

Name:\u00a0Hassan Mohsen Elhais<\/p>\n

Position:\u00a0legal consultant with Al Rowaad Advocates and Legal Consultants.<\/p>\n

RESULT<\/p>\n

Esperance de Tunis 1 Guadalajara 1\u00a0
(Esperance won 6-5 on penalties)
Esperance: Belaili 38\u2019
Guadalajara: Sandoval 5\u2019<\/p>\n

MATCH INFO<\/p>\n

Uefa Champions League semi-finals, second leg:<\/p>\n

Liverpool (0) v Barcelona (3), Tuesday, 11pm UAE<\/p>\n

Game is on BeIN Sports<\/p>\n","protected":false},"excerpt":{"rendered":"Demand for energy, including new grids and data centres, will require up to $4 trillion in investment, Dr…\n","protected":false},"author":2,"featured_media":119026,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[70988,220,218,219,7889,580,61,60,6000,1284,329,80],"class_list":{"0":"post-119025","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-adnoc","9":"tag-ai","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-business-team","13":"tag-energy","14":"tag-ie","15":"tag-ireland","16":"tag-oil","17":"tag-standard","18":"tag-story","19":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/119025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=119025"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/119025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/119026"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=119025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=119025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=119025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}