Essayer OR - Gratuit

UAE to strengthen its position as a top global energy destination

Gulf Today

|

November 05, 2025

AD Ports Group Signs Landmark Agreements with Nimex Terminals to Establish LNG and LPG Terminal Hubs at Khalifa Port in a AED 30 Billion Deal

UAE to strengthen its position as a top global energy destination

In a major step toward strengthening the United Arab Emirates' position as a global energy hub, AD Ports Group, a leading enabler of global trade, logistics, and industry, and Nimex Terminals, have signed two long-term agreements that will position Khalifa Port into a leading trading hub for low-carbon energy and petrochemical logistics.

The agreements include the development of the UAE's first private-sector Liquefied Natural Gas (LNG) and Liquified Petroleum Gas (LPG) terminal hubs, that can accommodate large, long-haul gas carriers.

Together, these two facilities will expand Khalifa Port's capabilities to meet the evolving demand of international energy trade, while supporting the UAE's Net Zero 2050 strategy.

The deal, based on the projected 50-year multiple revenue streams from the two terminal hubs, is valued at over Dhs30 billion (over $8 billion).

The agreements will provide Khalifa Port, ranked 39th in the prestigious Lloyd's List Top 100 Ports for 2025, with the infrastructure required to fuel vessels with lower impact emission LNG and LPG, two of the fastest-growing alternative fuels in the global maritime industry.

PLUS D'HISTOIRES DE Gulf Today

Gulf Today

Gaza receives remains of 15 Palestinians under truce deal

Gaza's Nasser Hospital in the southern city of Khan Younis on Wednesday said it had received the bodies of 15 Palestinian prisoners under the US-brokered ceasefire exchange deal.

time to read

3 mins

November 06, 2025

Gulf Today

Sharjah Islamic Bank issues $500 million sukuk

SHARJAH: Sharjah Islamic Bank (SIB) has successfully completed the issuance of a $500 million senior unsecured sukuk, reaffirming its strong market position and proactive funding strategy.

time to read

1 min

November 06, 2025

Gulf Today

Scientists in Brazil starve trees of water to test Amazon's limits

Under Brazil's Amazon rainforest canopy, hundreds of transparent plastic panels hang between tree trunks to starve a hectare of land of half the water it normally receives.

time to read

2 mins

November 06, 2025

Gulf Today

Liverpool down Real as Bayern edge PSG in Champions League

Premier League leaders Arsenal won 3-0 at Slavia Prague as rising star Max Dowman came off the bench to become the youngest player in the competition's history, at just 15 years and 308 days old

time to read

3 mins

November 06, 2025

Gulf Today

Afghanistan quake survivors face cold, rain amid rubble

Survivors of a powerful earthquake in northern Afghanistan that killed more than 25 people and injured nearly 1,000 were digging through the rubble of their homes on Wednesday, trying to salvage what belongings they could after spending the night outside in the bitter cold.

time to read

3 mins

November 06, 2025

Gulf Today

Gulf Today

Skarsgård brings his magic back in 'Sentimental Value'

The focus of Joachim Trier’s “Sentimental Value” may be small and limited — one Norwegian family struggling to connect and communicate — and yet its emotional scope is downright cosmic.

time to read

3 mins

November 06, 2025

Gulf Today

ADRA shuts 2 businesses, issues 61 warnings

The Abu Dhabi Registration Authority (ADRA), part of the Abu Dhabi Department of Economic Development (ADDED), announced the closure of two commercial establishments, issued 61 warnings, and recorded 18 violations for noncompliance with federal laws, executive regulations, Cabinet decisions, and ADDED's rules.

time to read

1 min

November 06, 2025

Gulf Today

Italy’s exports of oil, gas and technology to UAE up 45%

Valerio Soldani, Italian Trade Commissioner to the UAE and Director of the Italian Trade Agency Office in Dubai, said economic relations between the UAE and Italy are witnessing an unprecedented phase of growth, driven by the steady expansion of trade and deeper cooperation in technology, energy, and sustainability.

time to read

1 min

November 06, 2025

Gulf Today

Thunder surge past Clippers to extend winning streak

Shai Gilgeous-Alexander kept his remarkable scoring streak alive as the Oklahoma City Thunder came from behind to extend their unbeaten start to the NBA season with a 126-107 victory over the Los Angeles Clippers on Tuesday.

time to read

1 mins

November 06, 2025

Gulf Today

Nepal registers 125 parties for post-uprising elections

Nepal's Election Commission said on Wednesday that 125 political parties had registered to contest the first parliamentary polls since a mass uprising in September ousted the government.

time to read

1 mins

November 06, 2025

Listen

Translate

Share

-
+

Change font size