Abu Dhabi is leading global efforts to shape the future of the energy sector.
That's according to the UAE's Minister of Energy and Industry, who says the city is on it's way to becoming the world’s energy capital.
Suhail Al Mazrouei made the comments ahead of the 24th edition of the World Energy Congress, which gets underway in Abu Dhabi on Sunday.
More than 15,000 people including 4,000 delegates and 66 ministers from around the world, are expected to attend the three-day event.
The event offers a unique platform for leaders in sector to explore new ideas, critical innovation areas, and new strategies.
It's the first time that the conference is being held in the Middle East since its inception in 1924.
Positioned as the flagship event of the World Energy Council, the triennial Congress is regarded as the longest-running and most influential energy event in the world.
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
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