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Costek will be held in Dubai, at the Dubai World Trade Center, from September 21 to 23, 2021
Subject: Trade Exhibition
Gastek 2021 will take place under the auspices of his High Shake Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and President of Dubai
The Minister of Energy and Infrastructure of the United Arab Emirates has expressed support for the event
COVID-19 The world’s largest exhibition and conference for the gas, LNG, hydrogen and energy industries has moved from Singapore amid uncertainties and travel restrictions.
London, June 8, 2021 / PR Newswire / – The world’s largest exhibition and conference in support of the gas, LNG, hydrogen and electricity sectors will be held in Costek, Dubai from September 21-23, 2021, event organizers, D .MG Events announced today. The show has seemed a bit unfocused in recent episodes Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai.
COSTEC 2021 was to be held in Singapore, which has an excellent track record in managing COVID-19 and has a strong reputation as a safe, innovative and reliable venue for business and leisure events. However, recent COVID-19 eruptions in Southeast Asia have created uncertainty about access and travel, necessitating finding an alternative location to host Gastech2021.
COSTEC 2021 is supported by the Minister of Energy and Infrastructure of the United Arab Emirates. The Minister of Energy and Infrastructure, His Excellency Suhail Mohamed Al Masrooy, said: “The United Arab Emirates is pleased to host the Costek, one of the major global events for gas, LNG, hydrogen and energy. Costech comes at a crucial time for the energy industry with a shared global mandate to reduce carbon emissions and provide clean, affordable energy to all. Costek is an important catalyst for conversations and connections that move the energy transformation agenda forward.
Explaining the decision to move Gastech2021, Christopher Hudson, Chairman of TMG Events said: Singapore and its partners have given us great support and commitment. However, the uncertainty created by the rising epidemic rate in the region has made it difficult for our industry to plan its contribution to Singapore and we had to look for an alternative location. When the time is right, we look forward to returning to Singapore.
With its strong, world-leading vaccination program and well-organized travel and screening activities, Dubai is one of the safest and most accessible places in the world to travel. It is a world-class venue that has proven to be a historic achievement in hosting major events, making it ideal for the global energy industry, partners, exhibitors and participants.
Prior to today’s announcement, TMG Events reported that Costek had held a number of conversations with key stakeholders in Costek’s governing body and participating companies. These conversations underscore the need to face challenges head-on, and take advantage of the opportunities facing the energy industry, including the industry’s clear need to tackle climate challenge, as well as acceleration. The rapid nature of hydrogen is the source of clean energy for the future; And adoption of CCUS technology as a decarbonization tool.
Hudson said Castek 2021 will provide leadership that will allow the gas, LNG, hydrogen and energy industries to thrive in the energy markets after COVID-19. With the destructive forces accelerating the transition to clean energy, Gastek offers unparalleled opportunities to build the long-term sustainable business relationships needed to meet the challenges of climate change and the decorbonization of energy.
Costech 2021 will be held at the World Trade Center in Dubai. It will bring together more than 25,000 participants, including top policymakers and energy industry concept leaders and more than 400 exhibition companies that have set the agenda for the global gas, LNG, hydrogen industry and energy for decades. Come on.
About Costek
The Costech, which takes place elsewhere each year, is the world’s largest event in the fields of gas, LNG, hydrogen and energy. It attracts more than 25,000 international visitors and provides a platform for heads of state, government officials, ministers and global business leaders, disruptors, innovators and students to start a conversation.
Gastech2021 was held under the auspices of his High Shake Mohammed bin Rashid Al Maktoum, Supported by the Minister of Energy and Infrastructure of the United Arab Emirates, Vice President and Prime Minister of the United Arab Emirates and President of Dubai.
The Costech will be held at the World Trade Center in Dubai from 21 to 23 September 2021. Registration of delegates now Unlocked. Companies wishing to obtain information on the booking of a position can access the sitehttps://www.gastechevent.com/the-gastech-exhibition/book-a-stand/
For more information, visit the websitewww.gastechevent.com.
About Dmg Events
dmg Events is a leading face-to-face event organizer and professional magazine publisher.
Our mission is to keep companies informed and interact with relevant communities to create dynamic markets and expedite their operations thanks to counter-events.
dmg Events hosts more than 80 events in 25 countries, attracting more than 425,000 participants and delegates each year. The company’s manufacturing portfolio includes many leading events in the energy, construction, hotel and design, coatings and transportation sectors. ADIPEC, The Big 5, Gastech, EGYPS, The Hotel Show and INDEX are the main events of the company. For more information, visit the website www.dmgevents.com.
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Photo: https://mma.prnewswire.com/media/1527591/Gastech_Exhibition.jpg
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Minister of Energy and Infrastructure His Highness Suhail Al Masrouei said the UAE has set a target of tripling the contribution of renewable energy over the next seven years and will pump in Dh200 billion in investments to ensure the country meets its growing energy needs. Rapid economic growth, and increasing the share of installed clean energy to 30%.
In his speech at the opening of the ninth session of the World Green Economy Summit, he said the summit is proving to be a driving force for the global transition to a green economy.
Indicating that the UAE is focused on improving preparedness for the future, preparing policies and strategies and adopting a proactive approach that supports global leadership, it has announced a number of policies and strategies that support a proactive approach, including the UAE Energy Strategy 2050. and the National Hydrogen Strategy.
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His Excellency added: “We aim to reduce energy consumption by improving efficiency by up to 45% by 2050. The National Hydrogen Strategy is part of the country’s initiatives and plans to invest in clean energy sources and support global efforts to promote environmental sustainability. To achieve the country’s goals of achieving climate neutrality by 2050 represents a decisive instrument.
The strategy aims to develop local capacities to produce 1.4 million metric tons of low-emission hydrogen per year by 2031 and increase production to 15 million tons by 2050.
Clean energy
The Honorable Minister said: “Energy and infrastructure are at the heart of the transition to a green economy, including energy, infrastructure, transport and buildings, each of which has many opportunities for deep decarbonisation, as clean energy is a key requirement for building a strong green economy, and the UAE is in the transition to clean energy. invests.
Several projects are now on-line and others are under development, and over the next seven years, we aim to increase our clean energy capacity to 19.8 GW.
Transportation
Regarding the transport sector, the Honorable Minister of Energy and Infrastructure said: We plan to increase the share of electric and hybrid vehicles to 50% of the total number of vehicles on our roads by 2050. To expand our network of electric car charging stations, we may be the first country to establish a soon-to-be-announced pricing mechanism that will incentivize the private sector to invest in electric vehicle charging stations.
His Excellency pointed to the infrastructure sector’s focus on developing low-carbon building materials and implementing sustainable building practices, with a focus on the circular economy.
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The online trading landscape in the UAE is evolving rapidly, driven by innovative technologies, changing consumer behaviors, and new regulations. Multiple trends are shaping the future of online trading platforms in the country and for anyone keen to get involved with online trading, the UAE is a great place to be.
App-Based Trading
One major innovation is the rise of mobile and app-based trading platforms. As smartphone penetration deepens across the UAE, there is a growing demand for trading apps that offer convenience, flexibility, and quick access to financial markets. Leading UAE brokers now provide feature-rich trading apps alongside traditional desktop platforms. These apps employ technologies like AI and ML to enable swift trade execution, real-time market data, advanced charting and analytics, and more. The apps also incorporate modern security protocols like face/fingerprint recognition. As per recent estimates, the majority of all online trades in the UAE now happen via mobile apps.
If you want to use the best trading platform in UAE, do some research to see which one has all the features you need to get started with mobile trading.
Social Trading in the UAE
Social trading is another emerging concept that is gaining significant interest in the country. By integrating social networking with financial trading, social trading networks like EToro allow novice traders to observe and replicate the trading strategies of experienced investors in the network. Leveraging collective intelligence can boost success rates for new traders. According to surveys, over half of millennial traders in the UAE show a willingness to explore copy trading.
Crypto Trading in the UAE
As cryptocurrency adoption rises globally, leading UAE trading platforms have also started integrating popular crypto assets. Platforms like eToro and Robinhood now allow users to trade major cryptocurrencies alongside regular financial assets. Hybrid trading combining both traditional shares and crypto coins is set for robust growth in the coming decade. However, regulations are changing all the time in this emerging space, so it pays to be vigilant.
The UAE has observed strong initiatives aimed at investor protection and risk reduction in online trading. Emirates Security and Commodities Authority (ESCA) regularly issues new guidelines for brokers to mandate better compliance, accountability, and transparency. Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations are also being more strongly enforced now. Such reforms will likely accelerate the adoption of licensed, supervised trading platforms that offer adequate safeguards to traders.
Looking ahead, the UAE online trading industry will see continued innovation in the coming years. Cutting-edge technologies like blockchain, predictive analytics, and VR are being integrated into platforms to enable more seamless, flexible and secure trading experiences. As economic expansion and startup activity remains robust in the country, more brokers are also targeting the UAE market. Both international players and homegrown startups are expected to disrupt the trading space with unique value propositions and offerings tailored for local consumer needs. Robust growth supported by financial regulators will solidify UAE’s position as the premier online trading hub of the Middle East region in the coming decade.
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