Dubai Electricity and Water Authority patents innovative charging system for electric cars

Dubai Electricity and Water Authority patents innovative charging system for electric cars
1 / 3
DEWA has installed more than 270 Green Charger stations throughout Dubai and owners of electric vehicles registered for Green Charger services can charge for free until Dec. 31, 2021. (File/Twitter/@DEWAOfficial)
Dubai Electricity and Water Authority patents innovative charging system for electric cars
2 / 3
Dewa’s Research and Development Center (pictured) is currently working on building a prototype for further studies. (Twitter/@DXBMediaOffice)
Dubai Electricity and Water Authority patents innovative charging system for electric cars
3 / 3
Dewa’s Research and Development Center (pictured) is currently working on building a prototype for further studies. (Twitter/@DXBMediaOffice)
Short Url
Updated 20 November 2020

Dubai Electricity and Water Authority patents innovative charging system for electric cars

Dubai Electricity and Water Authority patents innovative charging system for electric cars
  • Designed to make charging stations as user-friendly as possible
  • The charging station adapts the cable and the charging process automatically to the vehicle’s requirements

DUBAI: The Dubai Electricity and Water Authority (DEWA) on Friday registered a new patent for an innovative system for charging electric cars.
Developed at the UAE public service infrastructure company’s research center, the system specializes in smart charging stations for all types of electric vehicles using a single cable and plug, regardless of whether the vehicle is charged using alternating or direct currents.
Designed to make charging stations as user-friendly as possible, it simplifies the process and allows drivers of electric vehicles to charge them without having to use their own charging cables.
The charging station adapts the cable and the charging process automatically to the vehicle’s requirements, so that all electric vehicles are charged through one system. The authority’s research and development center is currently working on building a prototype for further studies.
Saeed Mohammed Al-Tayer, managing director and CEO of the DEWA, said the new system was an important scientific achievement which was environment and driver-friendly and would enhance the authority’s position as one of the leading service institutions in the world.
“DEWA works to accelerate the shift toward a green economy and make Dubai the city with the lowest carbon footprint in the world by 2050.
“(The authority) works to harness innovation and creativity to encourage the use of sustainable transport and increase the number of government electronic and hybrid vehicles,” he added.
Al-Tayer said the system would also reduce carbon emissions in ground transport, the second-largest greenhouse gas emitter in Dubai.
It is the second patent registered by the center and four more are currently underway, he added.
Vice president of DEWA’s research and development center, Saif Almheiri, said: “The center adopts an approach that focuses on improving DEWA’s services to customers by developing the latest sustainable technologies and solutions for energy and water as well as conducting researches and submitting more scientific journals and innovations to maintain DEWA’s global leadership.”
Edwin Rodriguez-Ubinas, senior researcher at the center and co-inventor, said: “The universal electric vehicle charger idea centered on a research project on human-centric electric vehicle charging stations.
“The project aims to find innovative solutions to challenges faced by customers during the traditional charging process in stations with standard, fast, and non-straightforward services.
The center has published 65 scientific papers on clean energy. 
The public services authority has installed more than 270 Green Charger stations throughout Dubai and owners of electric vehicles registered for Green Charger services can charge for free until Dec. 31 next year. Charging offers are also available for commercial vehicles for entities, governmental, and semi-governmental organizations.


American business group warns China boycotts spooking investors

American business group warns China boycotts spooking investors
Updated 53 min 9 sec ago

American business group warns China boycotts spooking investors

American business group warns China boycotts spooking investors
  • Brands including Swedish retailer H&M, Adidas and Nike have been targeted by demands online for consumer boycotts

BEIJING: An American business group warned Tuesday that government-instigated consumer boycotts of foreign shoe, clothing and other brands in China are making companies less willing to invest.

That is adding to anxiety over Beijing’s plan for a list of “unreliable entities” that might be punished for actions deemed to run counter to Chinese interests, the American Chamber of Commerce in China said in an annual report on business conditions.

The report reflects growing unease among American and other foreign companies about the impact of economic and strategic tensions between Beijing and their home countries.

Brands including Swedish retailer H&M, Adidas and Nike have been targeted by demands online for consumer boycotts. That came after state media criticized them for expressing concern about reports of possible forced labor by ethnic minorities in the Xinjiang region of China’s northwest.

FASTFACT

The report reflects growing unease among American and other foreign companies about the impact of economic and strategic tensions between Beijing and their home countries.

The American Chamber said 78 percent of companies that responded to its survey cited “rising tensions” between Beijing and Washington as their top concern.

Beijing announced plans for its “unreliable entities” list in 2019 after then-President Donald Trump blocked access to US components and technology for Chinese tech giant Huawei Technologies Ltd. Officials have yet to say which companies might be on the list or disclose the criteria for being included.

Concern about the list is “aggravated by consumer boycotts instigated by official organizations and through Chinese media,” the Chamber said. It said one in five companies expressed concern, while 7 percent said it was decreasing their willingness to invest.

Despite that, half the companies surveyed said China’s investment environment is improving, while 38 percent said it stayed the same. The Chamber said only 12 percent reported conditions had deteriorated, the lowest level since 2015.

The Chamber noted that 27 percent of information and computer technology companies said investment conditions were deteriorating, the highest level of any industry. That finding comes at a time when the ruling Communist Party is using subsidies, market barriers and informal pressure on companies to try to develop its own high-tech industries.

 


Rising consumer appetite for digital payments in Saudi Arabia

Rising consumer appetite for digital payments in Saudi Arabia
Updated 12 May 2021

Rising consumer appetite for digital payments in Saudi Arabia

Rising consumer appetite for digital payments in Saudi Arabia
  • The survey found that 94 percent of respondents are comfortable with digital payment systems such as biometrics, digital wallets and QR codes

RIYADH: Statistics released this week have highlighted the massive surge in the uptake of digital payments in the Kingdom, especially in light of pandemic restrictions on shopping and travel.

According to monthly data issued by the Saudi Central Bank, there were 25.84 million online sales transactions through the Mada system in March. The total value of sales during the month was SR 5.31 billion ($1.4 billion), a year-on-year increase of 196 percent.

The Small and Medium Enterprises General Authority (Monshaat) also reported that the e-commerce sector received an investment of around SR 250 million during the first quarter of 2021, according to an article by the Al-Eqtisadiah newspaper.

With shoppers having few alternatives when it comes to getting basic necessities, it is no surprise that the first-ever Mastercard New Payments Index for the Kingdom found widespread acceptance of digital payments among Saudi consumers.

The survey found that 94 percent of respondents are comfortable with digital payment systems such as biometrics, digital wallets and QR codes.

A year into the pandemic, research from Mastercard showed that the adoption of new payment technologies is rising and consumer appetite for it growing fast.

According to the index, 68 percent of respondents tried a new payment method they would not have tried under normal circumstances.

In addition, 92 percent of Saudi consumers said they have access to more ways to pay compared to this time last year.

Three-quarters of respondents said digital payment methods help them save money, while the same amount also said they are more loyal to retailers who offer multiple payment options. Sixty-nine percent of Saudi consumers said using biometrics to verify purchases made them feel safer.

“More than ever, consumers in Saudi Arabia are adapting and embracing payment innovations. Businesses, both big and small, must respond to this evolving trend. We are closely working with our partners and retailers to deliver secure and diverse payment technologies for the omnichannel generation,” J.K Khalil, country manager, Saudi Arabia, Bahrain and the Levant at Mastercard, said in a press statement.


Latest reforms will boost KSA real estate, says analyst

Latest reforms will boost KSA real estate, says analyst
Updated 12 May 2021

Latest reforms will boost KSA real estate, says analyst

Latest reforms will boost KSA real estate, says analyst
  • The support for the housing sector will help the government achieve one of its core Vision 2030 goals to reach 70 percent homeownership by the end of the decade

RIYADH: The Saudi government’s recent announcements in the real estate sector, including providing more than 53,000 new homes in Riyadh and relaxing the ban on ownership by non-Saudis in Makkah and Madinah, will help to overhaul the sector and reach the Kingdom’s Vision 2030 home ownerships goals, according to an industry figure.

“The announcement of the allocation of 20 million square meters of land in the northern Riyadh suburb of Al-Jawan, effectively trebling the size of this neighborhood, to housing developments will certainly aid the government’s home ownership targets,” Faisal Durrani, head of Middle East research at real estate consultancy firm Knight Frank, told Arab News.

He added that the announcement by Crown Prince Mohammed bin Salman “follows the December announcement by Roshn to develop 30,000 residential units in Riyadh — 4,000 in the first phase — as part of a national program to deliver 1 million new homes by 2030.”

The move is also in line with the city’s aim to become one of the 10 largest economic cities in the world and to increase its population from 15 to 20 million by 2030.

The support for the housing sector will also help the government achieve one of its core Vision 2030 goals to reach 70 percent homeownership by the end of the decade, up from 47 percent four years ago and around 60 percent at present.

The decision late last week to allow companies listed on the Saudi Stock Exchange to own properties in Makkah and Madinah was also seen as a major move by the government to encourage foreign investment and to permit non-Saudi investor ownership in the prime markets.

“Opening ownership in Makkah and Madinah to international companies is a clear indication of the direction of travel of the Saudi economy and is perfectly aligned with Vision 2030,” Durrani said, adding: “The landmark change is likely to pave the way for a boost in demand for commercial real estate over the medium to long-term, as businesses are drawn to the emerging economic opportunities.”

Such moves by the government are likely to be a catalyst for a post-pandemic rebound in the Kingdom’s real estate sector, which are already up 25 percent year-on-year (Y-o-Y) in Riyadh during the first quarter of this year, and 34 percent Y-o-Y in Jeddah and 11 percent Y-o-Y in the Dammam Metropolitan Area.


Airbus tells suppliers to plan for 18% output hike in 2022

Airbus tells suppliers to plan for 18% output hike in 2022
Updated 12 May 2021

Airbus tells suppliers to plan for 18% output hike in 2022

Airbus tells suppliers to plan for 18% output hike in 2022
  • The tentative new goal would lift output of the workhorse domestic and medium-haul jet

PARIS: Europe’s Airbus is asking suppliers to get ready for a further 18 percent increase in A320-family jet output during 2022, on top of existing targets for this year, as airlines ready for a partial return to normal travel, industry sources said.

The tentative new goal would lift output of the workhorse domestic and medium-haul jet, which competes with Boeing’s partially grounded 737 MAX, to 53 a month, they told Reuters.

The number being floated for end-2022 remains informal and Airbus has only committed so far to raising output in two steps to 45 a month by end-2021 from 40 now.

But it is the first concrete indication of the shape of recovery Airbus hopes to achieve for its main single-aisle jets next year as it restores coffers depleted by the pandemic.

“We do not comment on speculation regarding the longer-term trajectory,” a company spokesman said.

“We see the market recovering to pre-COVID levels in the 2023-2025 time frame, with single-aisle recovering first,” he said, adding, “uncertainties remain.”

Airbus, which had been enjoying record jet demand before the virus triggered widespread travel bans, cut output of its best-selling model by a third to 40 a month around a year ago.

In January, it announced plans to increase output to 43 a month in the third quarter and 45 a month in the fourth.

CEO Guillaume Faury said last month Airbus aimed for a “steep ramp-up” in 2022 and 2023, without elaborating.

Some suppliers have warned of bumps ahead in restoring pre-pandemic production as smaller parts makers struggle with cash shortages. Airbus must also address industrial snags that held up dozens of deliveries even before COVID-19, they say.

Output of larger wide-bodied jets remains depressed by travel restrictions and is not expected to recover soon.


Lebanese drivers queue for hours as fuel crisis worsens

Lebanese drivers queue for hours as fuel crisis worsens
Updated 11 May 2021

Lebanese drivers queue for hours as fuel crisis worsens

Lebanese drivers queue for hours as fuel crisis worsens
  • Some stations rationed the amount of fuel sold to customers, mostly taxi drivers

BEIRUT: Motorists queued for hours at gas stations across Lebanon on Tuesday as fears of an imminent end to the country’s subsidy on fuel increased demand for a commodity already in short supply.

Payment delays are also keeping urgent oil stocks on offshore tankers, meaning that many gas stations are facing critical supply shortages.

Queues extended into streets as drivers waited to fill their cars. Some stations rationed the amount of fuel sold to customers, mostly taxi drivers. Other stores closed down entirely.

However, Fadi Abu Shakra, representative of the union for fuel distributors and gas stations in Lebanon, said that the confusion and fear surrounding gas supply was “unjustified.”

He denied news reports that oil companies have notified distributors of an end to fuel subsidies.

Georges Brax, a member of the gas station owners’ syndicate, said: “The fact is, some stations have been running on very low fuel stocks due to the rationing of credits, which has forced some of them to close.”

He added that more stations will open their doors as soon as importing companies begin distribution, warning that the problem is not with importing companies or station owners, but with the Central Bank of Lebanon.

“It is necessary to speed up the opening of credits for ships that have reached regional waters, which have prior approval so that they can unload their cargo, thus easing market tension,” he said.

Brax added: “We have to get used to this reality, because for weeks we have been facing the same problem and the fuel has not been cut off.”

However, he added that, given the complexity of the issue, “in the short term, subsidies will not be lifted.”

But the panic of the Lebanese seems justified as subsidies on food and over-the-counter medicines are being gradually lifted.

Caretaker Finance Minister Ghazi Wazni has warned that Lebanon will “run out of money” to afford basic imports by the end of May if its remaining foreign currency reserves are not rationed.

According to Wazni, delays in launching the plan are costing the government about $500 million per month.

Bechara Asmar, head of the General Confederation of Lebanese Workers, said that there is “chaos in the markets and in all sectors,” and that “citizens are standing in queues in front of bakeries, fuel stations, supermarkets, shops and pharmacies to secure their daily needs.”

He added: “There is no plan yet to protect low-income people who can no longer afford their basic needs. Who is responsible? Is the Bank of Lebanon solely responsible? Or is it collusion between some merchants, importers, mafias, money whales and officials?”

Some of Lebanon’s fuel supply is also being smuggled to Syria.

An investigation by North Lebanon First Investigative Judge Samaranda Nassar revealed that “smuggling of fuel from the north into Syria in large commercial quantities through several smuggling lines has been going on for about two weeks.

“The new line passes through the town of Baino toward old Akkar, Al-Qamou’a, Hermel and then into Syria,” a report said.

Nassar issued 15 arrest warrants in absentia in six cases relating to fuel smuggling.

A gas station in the border area of Al-Arida was also closed after it was established that the owners “had filled tanks with fuel to be smuggled into Syria.”