UAE Publishes World’s First National Regulation Related to Vertiports

The UAE advances the transition towards clean energy. (WAM)
The UAE advances the transition towards clean energy. (WAM)
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UAE Publishes World’s First National Regulation Related to Vertiports

The UAE advances the transition towards clean energy. (WAM)
The UAE advances the transition towards clean energy. (WAM)

The United Arab Emirates published on Tuesday the world’s first national regulation related to vertiports to support rapid developments and continued worldwide investment in the country’s highly progressive and competitive aviation industry.

This regulation covers the design and operational requirements of vertiports while ensuring a regulatory environment that supports the efficient and safe operation of vertical take-off and landing (VTOL) aircraft.

The proposed amendments of the new draft regulation have been released for industry consultation, and it will be published later in its final version in Q1 2023.

The General Civil Aviation Authority (GCAA) said that the rapid and increasing development of electrical vertical take-off and landing (eVTOL) aircraft has created an imperative for new infrastructure, new networks and new regulatory approaches.

It noted that the demand for vertiports continues to accelerate as eVTOL manufacturers aim to launch their aircraft by 2024.

As a potential global network is envisaged by 2030, this novel carbon-neutral industry must be served by suitable, safe and regulated infrastructure, WAM reported.

Through safe and orderly infrastructure, the promises associated with this new mode of transportation include ensuring rapid movement of passengers within cities and reducing traffic jams, as well as rapid logistical responses to emergencies and easy access to markets across cities.

GCCA said that the new regulation strengthens the UAE’s Urban Air Mobility proposition while enhancing the level of safety within the aviation sector, and proactively providing a unique certification and regulatory oversight framework for vertiports.

This would increase the safety of the country’s critical national infrastructure and aviation system while maintaining its pioneering status within the global aviation industry.

Saif Mohammed al-Suwaidi, GCAA Director-General, said: “The proactive development of a regulatory framework for vertiports establishes a foundation within the UAE to ensure safe and seamless operation of urban air mobility.

He explained that the rapid growth of advanced air mobility presents opportunities in the reduction of carbon emissions, decreased congestion, and entry to inaccessible markets, which are achievable through vision, planning and close collaboration with stakeholders in the aviation industry.



Saudi Energy Minister Discusses Market Stability with Iraqi, Libyan Counterparts

Saudi Energy Minister Prince Abdulaziz bin Salman meets with Iraq’s Minister of Oil Hayan Abdul Ghani. (SPA).
Saudi Energy Minister Prince Abdulaziz bin Salman meets with Iraq’s Minister of Oil Hayan Abdul Ghani. (SPA).
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Saudi Energy Minister Discusses Market Stability with Iraqi, Libyan Counterparts

Saudi Energy Minister Prince Abdulaziz bin Salman meets with Iraq’s Minister of Oil Hayan Abdul Ghani. (SPA).
Saudi Energy Minister Prince Abdulaziz bin Salman meets with Iraq’s Minister of Oil Hayan Abdul Ghani. (SPA).

As global oil markets anticipate the upcoming OPEC+ meeting next week, attention is focused on economic uncertainties, including weak economic data from China and US President Donald Trump’s calls for lower oil prices.

On Monday, Saudi Energy Minister Prince Abdulaziz bin Salman met with Iraqi Oil Minister Hayan Abdul Ghani and Libyan Oil and Gas Minister Khalifa Abdul Sadiq in Riyadh. Their discussions centered on boosting cooperation to stabilize global energy markets and serving the mutual interests of their countries.

The OPEC+ alliance, comprising OPEC members and non-OPEC allies like Russia, is scheduled to hold its Joint Ministerial Monitoring Committee (JMMC) meeting on February 3.

The meeting was held amid US President Donald Trump’s renewed pressure on OPEC to lower oil prices, arguing that such a move could help end the war in Ukraine. However, OPEC+ has already planned a gradual increase in oil production starting in April, signaling a phased rollback of earlier production cuts.

Saudi Arabia has consistently worked towards oil market stability, a commitment reaffirmed by Prince Abdulaziz. Similarly, Saudi Economy Minister Faisal Alibrahim, when asked about Trump’s remarks at the World Economic Forum in Davos, emphasized that Saudi Arabia and OPEC prioritize long-term market stability over short-term price fluctuations.

Prince Abdulaziz also held discussions with Egyptian Petroleum Minister Karim Badawi on enhancing energy cooperation, particularly in energy efficiency, with Saudi Arabia sharing its expertise in the field.

Oil prices saw modest gains on Tuesday, but remained near a two-week low, affected by weak Chinese economic data and forecasts of warmer weather dampening demand expectations. On Monday, Brent crude closed at its lowest level since January 9, while WTI hit its lowest since January 2.

China, the world’s largest crude importer, reported an unexpected contraction in manufacturing activity in January, raising concerns about slowing global oil demand. The latest US sanctions on Russian oil trade are also expected to disrupt China’s crude supply.

According to analysts at FGE, refineries in Shandong could lose up to 1 million barrels per day due to US restrictions on Russian oil tankers. While alternative crude sources are being explored, these come at significantly higher costs.

Oil price movements remain intertwined with broader financial market trends, including increased investor interest in DeepSeek, a Chinese company that recently launched a low-cost AI model, influencing overall market sentiment.