Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

UAE among top Arab destinations for energy investment

Gulf Today

|

September 29, 2025

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) revealed that the Arab electricity and renewable energy sector attracted 360 foreign direct investment (FDI) projects costing more than $351 billion and providing more than 83,000 jobs during the period from January 2003 to December 2024.

In its second report for 2025 on the Arab power and renewable energy sector, issued from its headquarters in Kuwait today, the Dhaman explained that five countries: Egypt, Morocco, the UAE, Mauritania and Jordan, made up approximately 69% of the number of projects (248 projects), around 83% of the Capex ($291 billion), and 82% of the new jobs (approximately 68000 jobs).

The report is based on four key pillars: 1Arab production capacities and consumption until 2030, 2Foreign trade in power and energy generation equipment for 2024, 3Foreign investments in the renewable energy sector, and 4Assessment of the sector's investment and business risks. The report showed that the UAE has topped the list as the region's top investor in renewable energy over 22 years, based on the number of projects, investment costs and jobs, with 57 projects, or 16% of the total, a value exceeding $88.5 billion, or 25%, and more than 16000 jobs.

It added that the top 10 companies investing in the power sector in each index accounted for around 25% of the number of implemented projects, 40% of Capex, and 38% of the total new jobs.

MÁS HISTORIAS DE Gulf Today

Gulf Today

Russia warns US against giving Tomahawk missiles to Ukraine

Russia said on Monday that its military was analysing whether or not the United States would supply Tomahawk cruise missiles to Ukraine for strikes deep into Russia, a step that Russian officials say could trigger a steep escalation.

time to read

2 mins

September 30, 2025

Gulf Today

Modi writes preface to Italy PM Meloni's book

Calling Italian Prime Minister Giorgia Meloni as an “extraordinary political leader who combines ideas and heart”, Prime Minister Narendra Modi has described her autobiography as a “Mann Ki Baat,” or ideas from the heart.

time to read

1 mins

September 30, 2025

Gulf Today

Yamal returns as Barca go top with victory against Sociedad

Lamine Yamal returned from injury to help Barcelona beat Real Sociedad 2-1 on Sunday and move top of La Liga by one point.

time to read

3 mins

September 30, 2025

Gulf Today

Police set up team to arrest TVK leaders over stampede

Police in Tamil Nadu’s Karur have intensified action against senior functionaries of Tamilaga Vetri Kazhagam (TVK) in connection with the Sept.27 stampede that killed 41 people during actor-politician Vijay's election rally at Velayuthampalayam.

time to read

2 mins

September 30, 2025

Gulf Today

Gulf Today

Italy’s 2025 deficit seen below 3% of GDP, a year ahead of schedule

Italy's tax take is rising faster than expected thanks to job growth and inflation, putting the budget deficit on track to dip below the European Union ceiling of 3% of gross domestic product in 2025, a year ahead of schedule.

time to read

3 mins

September 30, 2025

Gulf Today

Gulf Today

Al Asayl Exhibition 2025 ends on a high note

The fourth edition of the Al Asayl Exhibition 2025 concluded on Sunday at Expo Al Dhaid, with resounding success.

time to read

1 mins

September 30, 2025

Gulf Today

JK Rowling lambasts 'ignorant' Emma Watson

Harry Potter author JK Rowling on Monday condemned Emma Watson as \"ignorant” over her transgender rights views, in a stinging riposte to the former child star.

time to read

1 mins

September 30, 2025

Gulf Today

Pulisic shines as Milan stun champions Napoli, Roma beat Verona

AC Milan staked their claim as challengers for the Serie A title on Sunday after a statement 2-1 win over Napoli which put them top of the pile despite having to play over half-an-hour with 10 men.

time to read

3 mins

September 30, 2025

Gulf Today

Israeli forces push deeper as Trump holds meet on Gaza

Israeli tanks thrust closer to the heart of Gaza City on Monday in the hours before Donald Trump was hosting Benjamin Netanyahu at the White House, where the US president has promised “SOMETHING SPECIAL” in his latest bid to end the war.

time to read

3 mins

September 30, 2025

Gulf Today

Gulf Today

The Smashing Machine doesn’t transform Dwayne Johnson

Dwayne Johnson is a bighearted, approachable Hollywood star who could snap you like a twig without so much as working up a sweat.

time to read

2 mins

September 30, 2025

Listen

Translate

Share

-
+

Change font size