Real estate transactions in the Emirate of Sharjah during November increased to AED2.7bn ($735m), compared to AED1.9bn the previous month.

A total of 2,813 real estate transactions were carried out during the period, and 650 were sale transactions, accounting for 23.1 per cent, according to the latest report issued by the Sharjah Real Estate Registration Department (SRERD).

Mortgage transactions increased to 322, comprising 11.4 per cent of the total transactions – amounting to AED921m, with the remaining 1,841 transactions distributed over other real estate transactions, representing 65.5 per cent.

The report revealed that real estate market sales covered a total area of 13.3 million sq ft, distributed over 99 locations in various cities of Sharjah. Types of real estate traded included residential, commercial, industrial, and agricultural.

Transactions involving subdivided towers totalled 265 and accounted for 40.8 per cent of the total sale transactions. Vacant land transactions reached 194, representing 29.8 per cent of the total, while 191 transactions were attributed to the built-up land sector, equating to 29.4 per cent.

The report showed that during November, the real estate market focused on the Muwailih Commercial area of Sharjah with 151 transactions, followed by Hoshi and Al Khan areas with 71 transactions each, and then Al Majaz 3 with 48.

Muwailih Commercial also led in terms of monetary value for real estate transactions with a total of AED193.9m, followed by the Al Majaz 3 area with AED80.1m. Meanwhile, the Al Khan area recorded AED73.4m in transactions, while further sales transactions in the station area totalled AED55m.

In the central region of the Emirate of Sharjah, deals focused on the Al Blelaida region with seven transactions and a trading value of AED79.3m. Al Taiba 1 region recorded five transactions, totalling AED5.6m, and then the Seh Al Sadah region recorded four transactions with a total of AED2.8m

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Dubai saw a total of 2,882 real estate transactions worth over AED 9.2bn ($2.5bn) during the week ending 16^th December 2022, according to figures released by the Dubai Land Department (DLD).

The DLD report revealed that 199 plots were sold for AED1.33bn, while 2,011 apartments and villas were purchased for AED4.61bn.

The top three transactions were a land plot in Palm Deira sold for AED47.38m, followed by a land plot sold for AED40m in Me’Aisem First, and another sold for AED47.38m in Palm Deira.

Al Hebiah Fifth recorded the most transactions for this week, with 92 sales transactions worth AED244.61m, followed by Jabal Ali First with 21 transactions worth AED147.11m, and Al Hebiah Fourth with 15 transactions worth AED290m.

Meanwhile, the top three transfers for apartments and villas were an AED80m apartment, an AED61m apartment, and an AED59m apartment, all located in Palm Jumeirah.

The value of mortgaged properties for the week landed at AED2bn, with the highest being a land plot in Al Qusais Industrial First, mortgaged for AED693m. Meanwhile,157 properties were granted between first-degree relatives worth AED1bn.

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TECOM Group has announced that it has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, a US$120.3 million investment that will offer customers high-quality commercial office properties, state-of-the-art office spaces, and headquarters tailored to customer specifications.

In a statement TECOM said that as Dubai’s legislative framework and ease of doing business is attracting a high volume of international companies and investors. As such, the group is expanding its leasing portfolio to capture increasing demand in Dubai’s commercial real estate market, underpinned by the emirate’s economic development and the government’s pro-growth strategies.

Abdulla Belhoul, Chief Executive Officer of TECOM Group, said: “TECOM Group remains a pillar for Dubai’s business hub proposition. New regulatory frameworks and the ease of doing business are accelerating economic growth and reinforcing investor and business confidence. We’re seeing the success of our leadership’s economic diversification strategy reflected in our commercial and industrial real estate portfolio performance this year due to an influx of new companies and talent.

“Across our portfolio, existing customers are expanding their operations, complemented by an inflow of new foreign investment. Bespoke solutions like the Innovation Hub address the need for high-quality commercial spaces, helping strengthen Dubai’s position as an attractive global business and talent hub. It also cements TECOM Group as the emirate’s largest commercial real estate owner and our key role in driving innovation and business growth development in Dubai.”

The Innovation Hub Phase 2 expands TECOM Group’s assets with two high-end office buildings, four boutique offices, retail spaces and more than 800 parking spaces. To be completed by 2024, the Innovation Hub Phase 2 will provide more than 355,000 square feet of gross leasable area (GLA).

Launched in 2018, the first phase of the Innovation Hub is almost at full capacity, providing tech giants like Google, Hewlett-Packard, Gartner, and China Telecom a base in the region. With additional stages in the pipeline, the completed Innovation Hub project is expected to add more than 1.2 million square feet of space for technology, education, and new media businesses of all sizes to the Group’s portfolio.

TECOM Group represents a complete community of Fortune 500 companies, SMEs, start-ups and entrepreneurs. Recent additions include Motorola Solutions and Intel, while longstanding customers 3M, Visa and Meta upgraded to new headquarters this past year. Dubai Internet City also features over 15 innovation centres powered by customers like Visa, MasterCard, SAP, Google, and 3M, which are promoting digital transformation region-wide.

Commenting on behalf of Dubai Internet City, Ammar Al Malik, Executive Vice President – Commercial Leasing, TECOM Group PJSC, said: “Dubai’s pursuit of a knowledge and innovation economy relies on a robust technology framework. For more than 20 years, Dubai Internet City has provided the necessary infrastructure and environment where the complete tech community can converge. Ready-to-use facilities like our Innovation Hub enable customers to hit the ground running. Expanding our district’s commercial offering to cater to the Emirate’s growing business appetite will enrich our global community with innovation-driven brands and talent.”

TECOM Group’s Q3 2022 financial performance reflected the upward trend in the commercial real estate market. Revenue came in at US$133.4 million, increasing 12.48% year on year (YoY), driven by rising occupancy levels across the portfolio, especially office, warehouse, and worker accommodation.

According to the CORE Dubai Market Report Q3 2022, the Emirate is seeing growth in new licenses and residents, boosting demand in the commercial leasing sector. The report also found that citywide office occupancy levels are the highest since the peak in 2014, up to 83% in Q3 compared to 78% last year.

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ALEC Engineering and Contracting, part of the Investment Corporation of Dubai (ICD), has announced that it has signed a share purchase agreement to acquire TARGET Engineering Construction Company.

In a statement, ALEC said that the agreement will see it acquire 100% of Target, enhancing its resources with the significant assets held by TARGET Engineering. This includes its 11,000 strong workforce, more than 30 marine vessels, and 52,000sqm of API/ASME-certified fabrication facilities.

Additionally, the acquisition includes TARGET’s controlling stake in IDROTEC srl, an Italian specialised marine design engineering firm known globally for its specialist marine, hydraulic and environmental design for the oil and gas sector, and marine developments.

“This acquisition further advances ALEC’s position in the regional construction industry while simultaneously enabling it to enter and fast-track its strategy of becoming a key player in the Middle East Oil & Gas, and Energy and Renewables sectors by drawing from the extensive expertise, and resources that TARGET Engineering has developed over its celebrated 40-year history,” said Khalifa Al Daboos, Deputy CEO at ICD.

“For the Investment Corporation of Dubai, this move enables us to align strongly with the UAE government’s ongoing investment into developing world-class critical infrastructure facilities that support its ambition of being an advanced, sustainable economy.”

Once complete, the acquisition will mean that the companies will have a joint turnover of nearly US$2 billion. However, TARGET will continue to operate as an independent entity, while drawing on the skills and resources of the broader ALEC Group, the statement continued.

“ALEC has an established track record of continuously enhancing the skills and capabilities within the organisation and leveraging this expertise to enter into – and become a market leader – in new market segments.

“Bringing TARGET Engineering within our fold is a move that plays to both these objectives as their specialist skillsets in Oil & Gas, Energy — including renewables, marine, and industrial construction — perfectly augment ALEC’s own capabilities. This will enable us to present an even stronger joint value proposition to customers,” said Kez Taylor, CEO at ALEC.

Founded in 1975, TARGET Engineering operates through four specialised divisions — Mechanical Oil & Gas, Electrical, Civil, and Marine. The company’s customer base is comprised of leading Oil & Gas companies, major EPC (Engineering, procurement, and construction) contractors, government entities and property developers.

Amongst the noteworthy projects that it has successfully completed include work on ENEC’s Barakah Nuclear Power Plant, ADNOC Gas Processing’s Ruwais LNG Terminal, Saudi Aramco’s Abqiq plant, and ENOC’s Jebal Ali Refinery expansion.

Its portfolio also includes current active projects such as Borouge 4 and Delma B in joint venture for ADNOC, and IGDC for ADGAS.

“Today’s announcement is a landmark event in the over four-decade long journey of our company”, said Chaouci Yassine, CEO of TARGET Engineering. “We will now benefit from the strong financial position and world-class leadership and project execution capabilities of ALEC. This will fuel our ambitious growth plans across the Middle East as we can now deliver best-of-breed EPC and specialist marine services to an even broader segment of high-profile regional entities.”

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Fleet companies wanting to be considered for the nomination for the Truck and Fleet Middle East Awards 2023 have until the beginning of January, the organisers have announced. 

Voting on product and distribution categories will open in the coming days as the process to decide the winners on the 25th January, 2023 begins heats up.

Fleet companies wanting to take part in any of the categories can continue to go to the Awards site to place themselves up for nomination.

The Awards celebrate the fleets and vehicles which play a key role in the operations, logistics and projects at the heart of the GCC economy.

The Awards are the only ones in the region to recognise the collaboration between manufacturers, distributors and fleets to create solutions that tackle the harshest transportation, logistics and mobility environment in the world.

The product awards vote includes not just vehicles and solutions launched in the past year, but any adaptation, customisation and revision making a difference to fleets where it matters – out on the road.

“Fleets in the region have endured and even flourished over the past couple of years. And this is there opportunity to get the recognition they deserve,” explained Stephen White, head of content, Truck and Fleet Middle East.

“We are also looking forwards to launching the voting for vehicles, products and services that they are using. We know that each vehicle and solution can be unique for every fleet buyer. And we know that requires the very best in customer service, innovation and consultations, even in the most remote parts of the region.”

“The Awards celebrate the trucks and vehicles that have truly made a difference to the region’s operators – and the Awards ensure your vehicles get the credit they deserve. The 2023 edition of the Awards is live – so go ahead and submit your business’ nomination!”

Almost 4,000 people voted for categories in the last Awards with Scania scooping prestigious Heavy Truck of the Year and DSV winning Fleet of the Year awards.

Returning after a successful first event earlier this year, the Awards will once again invite the market to vote for the best fleets and products and services in the region once the nomination process closes in November.

To see the categories and nomination yourself for the 2023 Truck and Fleet Middle East Awards visit the site today!

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240 entries from an incredible 43 countries have been received for the Emaar Sustainability Challenge – as the company looks to “find innovative global start-ups who have solutions to modern-day sustainability challenges.”

This is the second edition of the challenge, which debuted earlier this year with great success as winners secured projects with Emaar to implement their innovative solutions in the near future.

The review process is now underway on the latest challenge, which is related to circular economy, smart and healthy buildings and customer experience, with winners expected to be announced in January.

The challenge is in line with Emaar’s drive towards an effective transition to a sustainable and low carbon economy, with the company looking to inspire the next generation of sustainability groundbreakers to create value for society, while also helping them meet Global Sustainable Development Goals.

The first edition saw numerous innovative solutions and initiatives proposed by the applicants across all business units from properties to hospitality, malls, and entertainment.

In the Construction Innovation category, Sablono & Basilisk won for its futuristic project management and concrete enhancement solutions. In the Sustainability category, Solarix & Ottan took home the top honours due to its forward-thinking approach to environmentally friendly practices.

“We have been incredibly impressed by the volume and quality of entries for the second Emaar Sustainability Challenge,” said a spokesperson from Emaar. “There are so many challenges facing us globally at the moment from a sustainability perspective, so we have to engage with creative talent to tackle some of our most pressing development problems. Not only do we want to meet our own sustainability goals at Emaar, but also encourage a generation of entrepreneurs to establish themselves in this field and help make tangible changes, which will impact both our communities and planet in a positive way. The entry process has given us great encouragement that we will be working with some incredible talent in the months to come and we look forward to those next steps.”

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19 winners were recognised at the 12th edition of the Big Project ME Awards, with the 2022 edition hosting more than 160 guests from across the GCC at the Ritz Carlton JBR in Dubai.

With close to 230 submissions received when nominations closed on 15 November, the editorial team and the judges had a tough job on their hands to choose winners from a surfeit of quality nominees. The number of submissions rivalled the number of submissions received in 2021, the Big Project ME team said.

The judging process was split in two parts – an initial process that saw the Big Project ME team vetting all the nominations to ensure that they met nomination guidelines and standards, and that they were appropriate for the focus of the awards.

The second, and most crucial, aspect of the judging process was the meeting of the Judges Panel on December 6, which consisted of the following experts:

Christine Espinosa-Erlanda – Senior Associate at Godwin Austen Johnson
Kerem Cengiz – Managing Director – MENA at LWK + Partners
Luke Somerville – Managing Director at Compass Project Consulting
Peter Westeng – Chairman of Omnium International
Simran Bagga – Vice President at Omnix Engineering and Foundation Technologies
Jason Saundalkar – Head of Content at MEConstructionNews.com
Gavin Davids – Head of Editorial and Content at Big Project ME

“This year, we had some really strong nominations from all over the region. The judges had a hard time deciding who to choose, but I think we successfully narrowed down the shortlist and chose the appropriate winners for each category. I’m delighted that we had entries come in from all over the MENA region – and that we had some big winners come from outside the GCC,” Davids said.

The Big Project ME Awards 2022 were supported by:

Gold Sponsors: ALEC, ASGC and ECC
Silver Sponsor: VOLTAS
Bronze Sponsor: KAIRNIAL
Category Sponsor: Compass Project Consulting

The full list of winners and shortlisted nominees for the Big Project ME Awards 2022 are:

Big Project ME Executive of the Year
Winner: Barry Lewis – Managing Director – ALEC

Shortlisted Nominees:
Baharash Bagherian – CEO – URB
Francis Alfred – Managing Director – Sobha Realty
Ian Williamson – Chief Projects Delivery Officer – Red Sea Global
Kenneth Rob Davies – Managing Director – Depa Interiors

Big Project ME Professional of the Year
Winner: Li Bo – Engineering Manager/Divisional Deputy Engineering Manager – CSCEC – Infrastructure Division

Shortlisted Nominees:
Deepak Hingorani – Project Director – Aroma International Contracting
Heba Abo El-elaa – Bridge Engineer – The Arab Contractors

Skills Development Programme of the Year
Winner: Red Sea Global – The Red Sea Vocational Training Program / Elite Graduate Program

Shortlisted Nominees:
ALEC – Tomohy Initiative
ASHGHAL – New Corporate Strategy 2018 – 2022
ECC – KAIZEN through LEAN Principles
Sobha Realty – Sobha Institute for Construction Excellence

Developer of the Year
Winner: Sobha Realty

Shortlisted Nominees:
URB
DAMAC Properties

Civil Contractor of the Year

Winner: China State Construction Engineering Corporation Middle East

Shortlisted Nomiees:

Orascom Construction
The Arab Contractors

Fit-Out Contractor of the Year
Winner: ALEC Fit-Out

Shortlisted Nominees:
Depa Interiors
Pinnacle Interiors

MEP Contractor of the Year
Winner: ALEMCO

Shortlisted Nominees:
China State Construction Engineering Corporation Middle East – MEP Division
LASCO
Voltas

Sustainable Contractor of the Year
Winner: iBuild

Shortlisted Nominees:
Orascom Construction
Sobha Realty

Contractor of the Year
Winner: ALEC

Shortlisted Nominees:
China State Construction Engineering Corporation Middle East
Hassam Allam Construction
McLaren Construction
Orascom Construction

Supplier of the Year
Winner: Desert Board

Shortlisted Nominees:
FILA Industria Chimica Middle East
LATICRETE Middle East
VERTECO

HSE Project of the Year
Winner: KHAZNA Data Centre – McLaren JLW Joint Venture

Shortlisted Nominees:
Opera House and Arts and Culture City – Orascom Construction
SABIS International School AlJada – iBuild
The Red Sea Project – Red Sea Global

Energy Project of the Year
Winner: UAE Wind Program – Power Construction Corporation of China

Shortlisted Nominees:
Abu Dhabi Water and Electricity Authority Shared Savings Project – Taka Solutions
New Administrative Capital District Cooling Plant – Kortech
Ras Ghareb Wind Farm – Orascom Construction

Sustainable Project of the Year
Winner: Bustanica – Emirates Crop One

Shortlisted Nominees:
100MW Green Hydrogen Plant – Orascom Construction (part of the Green Hydrogen Consortium)
Masdar Central Park – Masdar City

Fit-Out Project of the Year
Winner: Vision Pavilion – ALEC Fit-Out

Shortlisted Nominees:
Convention and Exhibition Centre, Expo 2020 – Depa Interiors
Heliport Terminal @ Expo 2020 Dubai – Pinnacle Interiors
SABIS International School Aljada – iBuild

Infrastructure Project of the Year
Winner: Improvement of Al Shindagha Corridor Phase 2D – China State Construction Engineering Corporation Middle East

Shortlisted Nominees:
Light Rail Transit – LRT – The Arab Contractors
The Red Sea International Airport – Red Sea Global

Project of the Year
Winner: Grand Egyptian Museum – Orascom Construction

Shortlisted Nominees:
KEC Hub – Knowledge Economic City
Bustanica – Emirates Crop One

Sustainable Government Department of the Year
Winner: Etihad Rail

Big Project ME’s Community Retail Project of the Year
Winner: The Waterfront Market – Ithra Dubai

Big Project ME’s Iconic Project of the Year
Winner: One Za’abeel – Ithra Dubai

 

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HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, presided over a meeting of the Higher Committee for Development & Citizens Affairs in Dubai and approved its new plan for developing model residential neighbourhoods for citizens. The first phase of the plan, covers a total area of 177,712,000 sq. ft. in the residential areas of Al Mizhar 1, Al Khawaneej 2, and Al Barsha 2.

HH Sheikh Hamdan bin Mohammed highlighted the importance of providing the best possible environment, facilities and services to the citizens of Dubai in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Sheikh Hamdan bin Mohammed said: “We constantly strive to raise the quality of life of citizens in Dubai and strengthen community bonds as part of our comprehensive human-centred urban development plan that aims to build sustainable future cities.”

HH directed the Committee’s teams to develop plans and initiatives to support economic development activities in residential neighbourhoods that will enable citizens to launch their own projects.

The meeting was attended by Mohammed Abdullah Al Gergawi, Minister of Cabinet Affairs and Deputy Chairman of the Higher Committee for Development & Citizens Affairs in Dubai and Mattar Al Tayer, Commissioner General for the Infrastructure, Urban Planning and Well-Being Pillar and the Director General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA).

Each development will have its own distinctive character and identity. The design of the Al Mizhar 1 development was inspired by the Ghaf tree, while the design of the Al Khawaneej 2 development was inspired by water and the Al Barsha 2 development by sand dunes. Gardens and squares in the residential neighbourhoods will provide facilities for sports and recreational activities.

The three model residential neighbourhoods will cover an area of approximately 177,712,000 sq. ft. (57,048,000 sq. ft. in Al Barsha 2; 72,871,000 sq. ft. in Al Mizhar 1; and 47,791,000 sq. ft. in Al Khawaneej 2). The model neighbourhoods offer investment and business opportunities for citizens residing in the area through restaurants, open markets, shops, halls and sports facilities.

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Dubai has cemented its first place in the region for a second consecutive year, while ranking second globally, in the Top City Destinations Index 2022, published by Euromonitor.

The UK-based market research company has uncovered the top city performers for economic and business activity, with thriving tourism infrastructure and performance that show great potential for investment and operation amid increased digitalisation, technological advancement and a focus on sustainability.

Paris once again claims the title of the World’s Top City in 2022, closely followed by Dubai, which retains its second position.

The top 10 rankings show the dominance of European destinations, with only Dubai and New York challenging the status quo this year, according to Euromonitor.

The strong rebound of international tourism, which is projected to register 112% growth in 2022 in terms of inbound spending, has been one of the key factors behind the resilient recovery of global cities. Intra-regional travel, an easing of travel restrictions and value-driven tourism further boost their appeal. Preferences for domestic travel and short-haul flights are defining consumer behaviour when choosing where to holiday.

In 2022, 14 destinations from the Middle East and Africa feature in the Top 100 City Destinations Index, compared to 16 in 2021. The leader board remains unchanged year-on-year, with Dubai cementing its first place for a second consecutive year in the region, whilst ranking second in terms of overall Index performance.

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Leading Middle East sustainability firm BEEAH Group, Chinook Sciences, UK’s innovator in waste to fuel technologies, and Air Water, a Japanese conglomerate with businesses relating to natural resources and industrial gas production, are coming together to realise the ambitious target of producing fuel cell grade hydrogen from waste wood and plastic.

The three organisations recently signed an MoU in Japan as a first step in forming a consortium that will advance progress on the Middle East’s first waste to hydrogen plant, located in Sharjah, UAE, and explore further opportunities across the region.

Combining BEEAH’s expertise in waste management and material recovery, Chinook Sciences patented RODECS pyrolysis and gasification process, and Air Water’s Hydrogen Refinement technology, the Waste to Hydrogen plant in Sharjah will transform waste wood and plastic into fuel-cell grade green hydrogen. The plans for the Waste to Hydrogen plant include an on-site green hydrogen dispensing station capable of fuelling several vehicles. To realize this innovative type of fuelling station, the plant will need to produce fuel cell grade hydrogen, which will be made possible with Air Water’s Hydrogen Refinement technology. Syngas produced from the RODECS pyrolysis and gasification process from Chinook Sciences will be fed into the hydrogen refinement system, resulting in fuel cell grade green hydrogen. Specifically, the grade hydrogen will be produced for PEM fuel cells at ISO14687 or SAEJ2719 standards.

Last year, following Cop26 in Glasgow, the UAE announced the Net Zero by 2050 Strategic Initiative, becoming the first nation in the Middle East to announce a net-zero emissions strategy. As part of this strategy, the UAE also announced a hydrogen leadership roadmap, which includes the production and export of green hydrogen produced through clean technologies. The production of waste derived fuels is a clean energy technology and through the production of fuel cell grade hydrogen, the Sharjah Waste to Hydrogen plant will potentially displace thousands of tons of CO2 every year.

Khaled Al Huraimel, Group CEO of BEEAH Group, said: “For BEEAH, the waste-to-hydrogen plant is an innovation that will enable us to eliminate the challenge of certain types of waste wood and plastic, while also producing fuel cell grade hydrogen, which is a solution for emissions-free mobility of the future. The project aligns with the UAE’s Hydrogen Leadership roadmap and demonstrates a feasible, scalable and sustainable approach to green hydrogen production. To achieve this kind of innovation, we partnered with Chinook Sciences to bridge the gap between waste processing and pyrolysis. By partnering with Air Water on this project, we are bringing cutting-edge hydrogen refinement technology from Japan. Together, we will break new ground in green, fuel cell grade hydrogen production for the region as well as globally.”

Air Water’s engineering division based in New Jersey, United States, has been working with Chinook Sciences since 2004 on the active pyrolysis technology in the multi-patented RODECS process, which is a universal thermal treatment system. Air Water and Chinook Sciences have an intricate knowledge of the conversion processes in RODECS, which will inform the success of the Waste to Hydrogen project with BEEAH Group.

Dr. Rifat Chalabi, Chairman and Co-Founder of Chinook Sciences, said: “In order to achieve high quality fuel cell grade hydrogen as from the Waste to Hydrogen plant, Hydrogen Refinement will be a critical step. Air Water provides contaminant reduction solutions at a high level of quality and, through previous collaboration, is also closely aware of the processes involved in RODECS pyrolysis and gasification process. Air Water’s Hydrogen Refinement can be applied to various types of syngas that we will produce from different types of feedstocks, enabling us to effectively produce high quality fuel cell hydrogen from both unrecyclable wood and plastic waste. Leveraging Air Water’s technologies, I look forward to demonstrating a new model for green hydrogen production alongside BEEAH Group.”

Speaking about Air Water and the partnership, Ryosuke Matsubayashi, Executive Vice President and COO of Air Water, said: “We have been engaged in manufacturing and selling hydrogen gas and related equipment in the global market for many years. Air Water holds a high market share for hydrogen gas in Japan and liquid hydrogen-related equipment in North America. We are working to realise a decarbonised society through green hydrogen production by applying our proprietary technologies, including production, separation and recovery, purification, liquefaction, and transportation of hydrogen. We are pleased to announce that Air Water and Chinook Sciences jointly provide an innovative hydrogen production process. By combining the Chinook Sciences technology for syngas from waste and Air Water’s hydrogen production and refining technologies that have been developed over the years, we can help create a decarbonised society with BEEAH in the UAE. We look forward to the continued collaboration of our three companies and making positive environmental impact on a global scale.”

The Waste to Hydrogen plant in Sharjah was first announced by BEEAH Group and Chinook Sciences Green in May 2021 and was formalised later the same year with the commencement of development plans. The project will add to BEEAH Group’s diversifying portfolio of zero-waste, net-zero emissions solutions to power the sustainable, smart cities of tomorrow. At the same time, it will introduce cutting-edge technologies from UK’s Chinook Sciences and Japan’s Air Water to the UAE and the nation. By 2030, the global green hydrogen production market is expected to reach USD 1 trillion. As per its Hydrogen Leadership Roadmap, the UAE aims to be a hub for the export of green hydrogen and is targeting 25% of the global market.

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Source: MEConstructionNews