The UAE Ministry of Investment has revealed that the UAE and Oman have established an investment partnership worth AED 129 billion ($35.12 billion) to deepen cooperation in various sectors, including renewable energy.
The agreements aimed at strengthening investment partnerships between the two countries were announced following the UAE-Oman Business Forum, during a visit by Sultan Haitham bin Tariq to the UAE.
The investment agreements between the two countries include a huge Dh117 billion industrial and energy project that includes renewable energy and energy production projects, including wind and solar energy projects, as well as green metal factories.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
