UAE-France High-Level Business Council holds 2nd plenary meeting in Paris | February 19, 2024

Key discussions were held on advancing economic collaboration and sustainable development initiatives

Key discussions were held on advancing economic collaboration and sustainable development initiatives, further solidifying the strong ties between France and UAE.

Highlights where given to several Key partnerships secured between Emirati Anchor Partners and French Industry flagships:

1.     "UAE-France Bilateral Climate Investment Platform": an MoU aimed at accelerating joint projects and investments in clean energy sectors, secured between ADNOC and Masdar from the Emirati side and TotalEnergies, Bpifrance, and CMA-CGM from the French side.
2.     Renewable Energy Projects: MoU between TotalEnergies Renewables and Masdar, organizing joint projects collaboration in the field of solar and wind energy in emerging markets.
3.     Sustainable Aviation Fuel (SAF): 2 initiatives between TotalEnergies & Masdar and Airbus & Masdar.
4.     Green Alternative Fuels Projects by Masdar and CMA CGM.
5.     Grid Network Enhanced Efficiency initiatives by Schneider Electric and e& enterprise.
6.     First Geothermal Cooling Plant (G2COOL) in the UAE, by ADNOC and Tabreed (ENGIE/ Mubadala JV).
7.     Port Sustainable Terminal Operations by CMA CGM and Abu Dhabi Ports.
8.     Industry and Advanced Technology support through 'GO to UAE' initiative by Tawazun and Thales.
9.     Key Water Infrastructure projects by Abu Dhabi Sustainable Water Solutions (SWS) & SUEZ Group, and Marubeni.
10. Carbon-Free Hydrogen projects by  Masdar and Hy24 (Ardian JV)

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