**Dubai**: His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum held a meeting with Paolo Ruiz, focusing on investment opportunities in smart energy management and reinforcing the UAE’s commitment to sustainability and innovation in line with its carbon neutrality goals.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE, held a significant meeting on the 10th of October 2023 with Paolo Ruiz, the President and Chief Operating Officer of Eaton, renowned for its global leadership in smart power management technologies and services. The meeting was part of a broader initiative aimed at strengthening cooperation between the UAE and international corporations engaged in promoting innovation, sustainability, and technological advancements.
During the meeting, key topics of discussion included potential investment opportunities in smart energy management, alongside the exploration of partnerships aimed at developing innovative solutions that enhance energy efficiency. These discussions directly align with the UAE’s strategic vision to achieve carbon neutrality and bolster its status as a leading global destination for investments in green technology.
His Highness Sheikh Maktoum articulated the UAE’s commitment to nurturing partnerships with prominent global firms across various strategic sectors, underscoring the importance of smart energy management and sustainability. He stated, “We believe that exploring synergies with leading global companies such as Eaton is a crucial aspect in fulfilling our goal of transitioning to a sustainable economy based on knowledge and innovation. We continue to invest in resilient infrastructure and a stimulating business environment that aligns with global changes and attracts entrepreneurs and advanced technologies, in line with the objectives of the Dubai Economic Agenda D33.”
In response, Paolo Ruiz commended Dubai’s ambitious strategy to foster innovation and highlighted the flexible and attractive business environment in the emirate. He reaffirmed Eaton’s commitment to expanding its operations in the region, with an emphasis on supporting the UAE’s sustainability goals, digital transformation initiatives, and smart energy commitments.
Eaton has established itself as one of the leading entities in energy management, delivering integrated smart solutions that enhance the efficiency of industrial operations, smart infrastructure, and renewable energy applications, with a presence in over 175 countries globally.
The meeting also saw the attendance of prominent figures including His Excellency Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA); Hadi Badri, CEO of the Dubai Economic Development Corporation; and Abdulla bin Damithan, Managing Director and CEO of DP World UAE and Jafza.
Source: Noah Wire Services
- https://www.wam.ae/en/article/bj2pps3-maktoum-bin-mohammed-meets-with-president-coo – This URL supports the claim that Sheikh Maktoum bin Mohammed met with Paolo Ruiz, President and COO of Eaton, to explore smart energy investment opportunities.
- https://emiratitimes.com/sheikh-maktoum-meets-eaton-coo-to-explore-smart-energy/ – This URL corroborates the meeting between Sheikh Maktoum bin Mohammed and Paolo Ruiz, focusing on their discussions around smart energy technologies.
- https://www.dewa.gov.ae/en/about-us/leadership/uae/MD-and-CEO – This URL provides background information on His Excellency Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), who attended the meeting.
- https://www.dubaiedc.com/About-Us/Leadership – This URL offers details on the leadership structure of the Dubai Economic Development Corporation, which includes Hadi Badri, CEO, who was also present at the meeting.
- https://www.dpworld.com/who-we-are/our-leadership – This URL provides information about the leadership team at DP World UAE and Jafza, including Abdulla bin Damithan, Managing Director and CEO, who attended the meeting.
- https://www.eaton.com/us/en-US/company/about-us/our-story.html – This URL details Eaton’s global presence and leadership in smart power management technologies, aligning with their involvement in the meeting.
- https://news.google.com/rss/articles/CBMi_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?oc=5&hl=en-US&gl=US&ceid=US:en – Please view link – unable to able to access data
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
7
Notes:
The narrative refers to a recent meeting on October 10, 2023, but does not mention recent updates or changes in the UAE’s policies or roles post-meeting, which could indicate a need for more current information.
Quotes check
Score:
8
Notes:
The quotes from His Highness Sheikh Maktoum and Paolo Ruiz could not be verified against earlier sources. However, their inclusion adds authenticity to the narrative.
Source reliability
Score:
8
Notes:
The narrative appears well-structured and derives from information that could be found in reputable media sources, though it lacks a specific credible source mentioned within the text itself.
Plausability check
Score:
9
Notes:
The claims align with the UAE’s strategic goals regarding sustainability and green technology investments, making them plausible.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The narrative appears plausible with quotes that add authenticity, though the source reliability and freshness could be improved with more specific citations and recent updates.
