UAE to invest up to Dh200 billion in renewable energy

Sheikh Mohammed bin Rashid announced a number of decisions after Monday's cabinet meeting

Photo : Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, presided over the meeting at Al Watan Palace on Monday. Dubai Media Office

The National - Jul 3, 2023

The UAE is to invest hundreds of billions of dirhams in the renewable energy sector, it was announced on Monday.

Making the announcement on social media, Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, said that the latest Cabinet meeting resulted in the approval of an updated national energy strategy.

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