The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in

UAE to add 6.34GW 'green' power capacity reflects UAE's commitment to enhancing the sustainability of its energy resources


UAE



According  to experts" the United Arab Emirates is making continuous progress in the renewable energy sector and the country is expected to add 6.34 gigawatts to its power capacity from green projects between 2024 and 2030, through 12 planned project " 

Over the years UAE ranks advanced among regional countries in terms of clean and renewable energy production capacity, said Ryan McPherson, Regional Director (Middle East, Africa, Russia & CIS) for the Energy Industries Council (EIC) 

Global climate-focused website Eco Discussion reports the UAE has been fostering green finance through different policies and frameworks. It has established the Green Bonds and Sukuk Framework to encourage investments in green projects, demonstrating a blend of innovation and traditional financial instruments.

In a Wam interview  Ryan McPherson, Regional Director (Middle East, Africa, Russia & CIS) for the Energy Industries Council (EIC) said  

UAE's commitment to enhancing the sustainability of its energy resources and reducing reliance on fossil fuels, noting that the country has been investing heavily for decades in new technologies and developing infrastructure to enhance its leading position in the field of renewable energy, which is part of its vision for a greener and more sustainable future.   

He pointed out that since the opening of the council's regional office in Dubai, it has significantly contributed to expanding the council's activities in the Middle East and Africa region to serve the energy sector and assist companies operating in it to expand their activities

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