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The surge was primarily fueled by a sharp rise in electricity consumption worldwide

Energy

Global energy demand witnessed an accelerated increase in 2024, growing at nearly twice the average rate of the past decade, according to the latest edition of the International Energy Agency’s (IEA) Global Energy Review.

The surge was primarily fueled by a sharp rise in electricity consumption worldwide, with renewables and natural gas meeting most of the additional demand.

The report reveals that global energy demand increased by 2.2% in 2024, outpacing the annual average growth of 1.3% recorded between 2013 and 2023.

Emerging and developing economies were responsible for over 80% of this increase, despite China’s energy consumption slowing to under 3% growth—half of its 2023 rate.

Advanced economies, which had seen declining energy demand in recent years, also recorded a slight rebound of nearly 1%.

Electricity consumption played a pivotal role in driving this growth, expanding by almost 1,100 terawatt-hours (4.3%)—nearly double the average annual increase over the past decade.

Extreme weather conditions, particularly record-breaking temperatures, contributed significantly to this surge, as cooling demand soared in various countries.

The growing adoption of electric vehicles, data centres, and artificial intelligence further fueled electricity demand.

Renewables and nuclear energy accounted for the majority of the additional power supply.

The deployment of new renewable energy capacity reached an all-time high of approximately 700 gigawatts, marking the 22nd consecutive record-breaking year.

Nuclear energy also saw its fifth-highest capacity expansion in the past 30 years.

Combined, these two energy sources contributed 80% of the increase in global electricity generation and, for the first time, accounted for 40% of total global electricity output.

“There are many uncertainties in the world today and different narratives about energy – but this new data-driven IEA report puts some clear facts on the table about what is happening globally,” said IEA executive director Dr. Fatih Birol. “What is certain is that electricity use is growing rapidly, pulling overall energy demand along with it to such an extent that it is enough to reverse years of declining energy consumption in advanced economies. The result is that demand for all major fuels and energy technologies increased in 2024, with renewables covering the largest share of the growth, followed 2 by natural gas. And the strong expansion of solar, wind, nuclear power and EVs is increasingly loosening the links between economic growth and emissions.”

Slowing emissions

Despite the overall rise in energy consumption, the report highlights a growing decoupling of carbon dioxide emissions from economic growth.

While global CO₂ emissions increased by 0.8% to reach 37.8 billion tonnes, the rapid expansion of clean energy technologies helped mitigate further emissions growth.

Since 2019, the deployment of solar PV, wind, nuclear power, electric vehicles, and heat pumps has prevented 2.6 billion tonnes of CO₂ emissions annually—equivalent to 7% of global emissions.

Emissions from advanced economies declined by 1.1% in 2024, reaching levels last recorded five decades ago, even as their combined GDP has tripled over that period.

Most of the global emissions growth came from emerging and developing economies, excluding China. While China’s emissions growth slowed, the country’s per capita emissions now exceed those of advanced economies by 16% and are nearly twice the global average.

“From slowing global oil demand growth and rising deployment of electric cars to the rapidly expanding role of electricity and the increasing decoupling of emissions from economic growth, many of the key trends the IEA has identified ahead of the curve are showing up clearly in the data for 2024,” Dr. Birol said.

Also read: Rooftop solar could reduce global warming, new study finds

SWA oversees the production of over 15 million cubic metres of water daily

Water

In celebration of World Water Day 2025, the Saudi Water Authority (SWA) launched 'Magic of Water', a documentary showcasing the Kingdom’s transformation from one of the most water-scarce nations to the world’s largest producer of desalinated water.

The film celebrated the visionaries, scientists, and communities who contributed to overcoming the country’s water challenges, demonstrating how determination and ingenuity could drive global solutions.

Saudi Arabia’s journey in water security and sustainability has marked a significant shift from its arid landscape to becoming a global leader in desalination and environmental stewardship. Through strategic investments, cutting-edge technology, and bold policymaking, the Kingdom has secured its water supply while setting new international benchmarks in water management and conservation.

SWA oversees the production of over 15 million cubic metres of water daily, managed through both public and private sector partnerships.

A state-of-the-art transmission network spanning more than 14,000 km delivers water across diverse terrains in collaboration with the Water Transmission Company (WTCO) and private sector partners.

Further distribution extends through a 135,000 km network, reaching cities and rural communities nationwide. Wastewater collection and treatment, managed by the National Water Company (NWC), ensures sustainable reuse in agriculture, industry, and mining.

The role of advanced technology

Technological advancements also played a crucial role in this transformation.

Saudi Arabia has integrated AI-powered desalination plants to enhance operational efficiency, developed eco-friendly water transport systems to reduce environmental impact, and pioneered anti-corrosion solutions derived from palm trees to extend infrastructure longevity.

These innovations position the Kingdom as a hub for global water technology while reinforcing its commitment to sustainability and climate resilience.

Aligned with the Saudi Green Initiative, SWA’s efforts led to a reduction of 37 million tons of carbon emissions annually since 2019, demonstrating its leadership in green technologies. With a 65% local content ratio in desalination projects, the Kingdom stimulated economic growth, created high-skilled jobs, and reinforced its status as a global water technology hub.

“Securing water is securing the future,” said H.E. Eng. Abdullah bin Ibrahim Al-Abdulkarim, president of the Saudi Water Authority (SWA). “At SWA, we are not only building the world’s most advanced water infrastructure but also redefining how nations approach water security. Our accomplishments in desalination, sustainability, and efficiency are not just for Saudi Arabia—they serve as a model for the world.”

Saudi Arabia also expanded its leadership beyond its borders by fostering international cooperation in water security. The Kingdom is prepared to host the World Water Forum in 2027, establishing the Global Water Organisation to drive international collaboration, and launched a US$10mn Global Prize for Innovation in Water to inspire breakthroughs in water technology.

Also read: ENGIE divests power and desalination assets in Kuwait and Bahrain to ACWA Power

Mohamed Amer, managing director of ICC MENA

Construction

Towering skyscrapers and large-scale infrastructure projects continue to redefine the GCC's landscape, but alongside this rapid expansion comes an urgent need for more sustainable and resilient building practices.

Governments across the region are setting ambitious environmental targets, and the industry is responding with groundbreaking innovations in materials, technology, and regulatory frameworks.

From concrete to carbon-conscious

For the GCC, achieving net-zero buildings is a growing priority that is key to reducing energy demand and ensuring long-term sustainability. With air conditioning accounting for a significant portion of energy use, the region is uniquely motivated to lead in passive cooling and renewable energy integration. The adoption of high-performance insulation, on-site renewable energy generation and smart building technologies can significantly reduce operational emissions. A key challenge remains in demonstrating that sustainability and premium development can coexist an approach that is increasingly gaining traction.

As an example, concrete, responsible for a significant amount of global CO₂ emissions, has long been the backbone of GCC construction. However, innovative alternatives like Low Carbon Alternative Cement are gaining traction, particularly in the standardisation processes of various SDOs. This type of cement not only reduces carbon emissions and energy consumption associated with cement production, but also opens the door for enhancing the curing process through concrete admixtures. These admixtures improve the strength and durability of concrete, making it viable and sustainable choice for construction projects in the GCC.

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The GCC is emerging as a leader in 3D printing technology, with the UAE already home to several additively manufactured buildings. The UAE’s 3D-printed office in Dubai, the first of its kind, showcases how this technology can reduce waste while enabling the region's signature intricate designs. The ability to combine sustainability with custom, high-performance structures make 3D printing a key enabler for the next-generation construction.

The extreme climate of the GCC presents operational challenges for traditional construction. Off-site, factory-based manufacturing including modular and prefabricated solutions offers a viable alternative. By shifting production to climate-controlled environments, these approaches enhance worker safety, minimise material waste and improve overall build quality.

With cooling systems consuming up to 70% of energy in some GCC buildings, the shift to smart HVAC technologies isn’t just an environmental imperative - it’s a financial one. The transition to energy-efficient HVAC systems, integrated with renewable energy solutions, presents an opportunity to optimise energy use while maintaining indoor comfort standards. Advances in demand-driven cooling technologies play a crucial role in achieving broader decarbonisation targets.

Aligning ambitions with action

A decisive shift is now underway, driven by Saudi Vision 2030 and the UAE’s Net Zero 2050 strategy. These national commitments are more than aspirational - they are actionable blueprints for a sustainable future. By aligning industry capabilities with government ambitions, the GCC is setting a global benchmark for green construction.

In 2021, the UAE launched its "Net Zero by 2050 Strategic Initiative," making it the first nation in the Middle East to set a target of achieving net-zero emissions by 2050. Similarly, Saudi Arabia announced its commitment to achieving net-zero greenhouse gas emissions by 2060 during the first Saudi Green Initiative Forum in 2021. These initiatives are not just about reducing emissions: they are about transforming economies and securing a sustainable future for generations to come.

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Technological progress must be matched by a skilled workforce capable of implementing high-performance construction practices. Training and credentialing programs, such as those offered by the International Code Council (ICC), have the potential to help professionals gain the necessary credentials. These programmes also equip them with the tools needed to effectively conduct their work on-site and apply codes, standards, and building safety regulations when designing structures and benchmarking to global practices. 

This piece was originally written by written by Mohamed Amer, managing director of ICC MENA, and has been edited for brevity. 

The UAE is strengthening its footprint in Africa’s mining industry

Mining

The UAE is strengthening its footprint in Africa’s mining industry, with a series of strategic investments aimed at boosting production, infrastructure, and energy security across key markets.

Just this February, investment fund Ambrosia Investment Holding acquired a 50% stake in Canadian company Allied Gold’s mining projects in Ethiopia and Mali.

The deal includes a US$375mn capital injection to accelerate project development, increasing gold output in Ethiopia by 290,000 ounces per year by mid-2026 and in Mali by 400,000 ounces per year by 2028.

As part of its commitment to sustainability, Ambrosia also plans to introduce solar photovoltaic and battery storage systems at the Sadiola mine in Mali, ensuring energy security by July 2026.

Here are some other UAE investments in Africa:

AD Ports begins operations in Luanda

AD Ports Group launched operations at Angola’s Luanda Port in January 2025 as part of a US$250mn investment plan.

The port, which handles 76% of Angola’s cargo, plays a key role in facilitating trade between Angola, Zambia, and the Democratic Republic of Congo.

AD Ports has secured a 20-year concession to operate the terminal and is considering increasing its total investment to US$380mn to support growing demand, as Angola’s container volumes are projected to rise by 3.3% annually over the next decade.

IHC boosts production at Zambia’s Mopani Mine

International Holding Company (IHC) increased ore production at Zambia’s Mopani Mine from 2.2 million tons to 2.8 million tons in January 2025.

The expansion followed a US$1.1bn investment made in March 2024.

As a result, copper grades improved from 1.68% to 2.21%, while employment at the mine grew from 10,765 to 12,684 workers.

Emiral accelerates projects in Ghana and Mauritania

Emiral Mining is fast-tracking its iron ore project in Mauritania, with a pre-feasibility study expected in the first quarter of 2025.

The company has invested US$40mn in exploration since February 2020.

Meanwhile, in Ghana, Emiral is strengthening its presence through its majority stake in Asante Gold Corporation, the operator of the Bibiani and Chirano gold mines.

A US$522mn expansion program is currently underway to enhance production at both sites.

Future prospects for UAE-Africa partnerships

Public and private sector entities from the UAE are actively exploring new investment opportunities in Africa’s mining industry.

International Resources Holding signed an agreement with South Africa’s Public Investment Corporation in late 2024 to fund projects in mining, green energy, and logistics.

In mid-2024, DP World announced a US$3bn five-year plan to improve Africa’s logistics infrastructure and facilitate mineral exports.

Additionally, in Kenya, the UAE Ministry of Investment and Abu Dhabi’s sovereign wealth fund ADQ signed agreements in 2024 to invest in the country’s mining sector as part of broader efforts to strengthen trade and economic cooperation.

The upcoming African Mining Week, set for October 1-3 in Cape Town, could also provide a platform for UAE and African stakeholders to explore new partnerships and drive forward industry collaboration. Held under the theme From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth, the event will bring together key players in the mining sector to advance projects and solidify Africa’s position as a global leader in mineral production.

Also read:  Oman resumes copper exports after 30 years

The exhibition will showcase a diverse range of industries

Manufacturing

The fourth edition of Make It in the Emirates Forum, the UAE’s premier industrial gathering, has opened visitor and media registration.

Scheduled to take place from 19-22 May at ADNEC Centre Abu Dhabi, this year’s event is set to be the largest to date, bringing together industry leaders, investors, and policymakers to drive economic diversification and industrial growth.

Organised by ADNEC Group and led by the Ministry of Industry and Advanced Technology (MoIAT), in collaboration with the Abu Dhabi Investment Office, the UAE Ministry of Culture, and ADNOC, the event underscores the UAE’s commitment to strengthening its industrial sector.

It plays a key role in supporting the country’s Operation 300 Billion strategy, which aims to expand the UAE’s manufacturing and industrial capabilities. According to MoIAT, the UAE’s industrial sector contributed AED 205 billion to the national GDP by the end of 2023.

A central feature of Make It in the Emirates 2025 is the forum and exhibition, which will provide companies with valuable insights, strategic partnerships, and direct access to procurement commitments from major UAE entities.

This year’s edition is expected to surpass previous years in both scale and investment opportunities, offering a platform for business leaders to explore pre-approved industrial projects in high-growth sectors.

Facilitating growth

The exhibition will showcase a diverse range of industries, including manufacturing, renewable energy, advanced technology, and logistics.

It will also highlight heritage crafts and cutting-edge innovations, reflecting the UAE’s balanced approach to industrial development—blending tradition with technological advancement.

The event aligns with the UAE’s ambition to become a global hub for industry and innovation, leveraging its regulatory framework and world-class infrastructure to attract investment.

By highlighting discussions on sustainability, industrial advancements, and future opportunities, Make It in the Emirates 2025 reinforces the country’s position as a leader in economic transformation.

HE Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, said in an earlier press statement, “This forum and its accompanying exhibitions have evolved into a regional and international platform, capitalising on vast investment opportunities in smart manufacturing, sustainable industrialisation and advanced technologies. In collaboration with its partners, the ministry is implementing a new strategy to enhance the event’s leadership both regionally and globally. This strategy aims to attract innovators and emerging industries, support national goals around sustainable economic development, and establish robust local and international partnerships.

“The fourth edition of the Make it in the Emirates Forum will be characterised by collaboration between the public and private sectors, including the partnership between MoIAT and ADNEC, benefitting from both sectors’ logistical capabilities, financial solutions, and incentives to enhance the forum’s impact. This edition will create promising opportunities for investors to establish and expand their businesses, helping them to access key markets and boost their products’ competitiveness regionally and globally. It contributed in increasing the growth of manufacturing facilities within the country by 10% annually. The forum will transcend borders, unveiling international agreements and opportunities worth billions of dirhams, offering diverse job opportunities, showcasing success stories from international companies operating in the UAE, and emphasising innovation and manufacturing.”

Also read: How are Gulf nations developing a circular economy?

 

The tool can forecast anticipated shipping disruptions. (Image source: FedEx)

Logistics

FedEx has launched FedEx Surround in the UAE, an intelligent monitoring and intervention solution that aims to improve logistics and supply chain management.

The tool, which is built on near real-time visibility, AI-powered predictive analytics, and sophisticated handling capabilities, offers businesses unparalleled shipment visibility, control, and reliability.

It can forecast anticipated shipping disruptions, allowing FedEx and its customers to make quick, educated decisions.

With three service levels—Select, Preferred, and Premium—the tools serve a wide range of industries, including healthcare, aerospace, automotive, and high-tech, by delivering vital updates and interventions to maintain the integrity and timely delivery of important shipments.

FedEx Surround monitoring and intervention offers three important benefits to its customers:
• The Surround dashboard offers near real-time global visibility and predictive analytics with AI and a multi-sensor SenseAware ID device.
• The special handling code improves operational capability, allowing for prioritised boarding and handling, cold chain support, and in/out of network intervention.
• 24/7 expert support provides proactive monitoring and intervention with dedicated teams at hubs, ramps, and stations, including customised reporting for customers.

A host of digital tools

“At FedEx, we are constantly innovating with data-backed intelligent solutions to meet the evolving needs of our customers,” said Nitin Navneet Tatiwala, vice president of marketing and air network for FedEx Middle East, Indian Subcontinent, and Africa.

“We are continuously learning from the millions of packages moving through our network each day – identifying patterns, trends, and cause-effect relationships – and using these insights to enhance our services in a more focused way. The launch of FedEx Surround is a game-changer for businesses relying on just-in-time delivery and critical shipments. It empowers businesses to smartly intervene in real-time, ensuring that shipments are not only monitored, but also actively managed to mitigate potential disruptions, enhancing decision-making, and ensuring peace of mind every step of the way.”

The introduction of FedEx Surround is consistent with the company's overall commitment to advancing global commerce via smart innovation, the company said in a statement.

Along with this monitoring and intervention solution, FedEx provides a comprehensive suite of other digital tools, including FedEx Delivery Manager, an interactive delivery solution that provides customisable delivery options and alerts, and the FedEx Import Tool, which streamlines the import process, improving efficiency, compliance, and the overall end-to-end shipment journey.

These digital solutions readily interact with the company's existing extensive shipping and tracking capabilities.

The global logistics provider has invested heavily in technology, providing sustainable solutions to the world. A few years a ago, it launched the beginning of electric vehicle (EV) trials in the UAE, where one-tonne electric trucks combine low-energy consumption and high performance. Read the full story here: FedEx Express advances sustainable operations with electric vehicle trials in the UAE

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