UAE Minister of Economy, Abdullah bin Tawq Al Marri predicted that the UAE’s national economy will grow by between 5% and 6% in 2025. He attributed this growth to strong performance in vital sectors such as technology, renewable energy, trade, financial services and infrastructure.
The UAE has strengthened its global leadership in solar energy, advancing its sustainability and climate neutrality goals with significant investments in renewable energy projects.
The World Future Energy Summit (WFES), Etihad Water and Electricity (EtihadWE), with the Ministry of Energy and Infrastructure (MoEI), RAK Municipality, and RAK Public Services Department unveiled a series of ambitious sustainability initiatives.
The 15th meeting of the IRENA Assembly was held on Sunday, January 12 in Abu Dhabi. This is the first international event in the field of energy this year.
Emirates Oil Company (Emarat) announced that it has signed an agreement with Lootah Biofuels to strengthen cooperation in the development of renewable energy sources and increase sustainability.
The UAE has made significant progress in increasing the share of clean energy production in the overall energy mix, the UAE Ministry of Energy and Infrastructure said in a statement.
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure of the UAE, emphasized the creation of balance in economic development and environmental protection at the meeting of the World Economic Forum.