A new success by UAE as it announced a plan for net Zero emissions by 2050, which is oversee 600 billion dirhams in investment in renewable energy we UAE Is the first country in the Middle East and North Africa region to launch a concrete initiative to achieve its plan
UAE leads the region in the climate change as The UAE will use the path to net zero as a way to create economic value, increase industrial competitiveness and enhance investment.
The economic initiatives also come amid a growing economic rivalry with Gulf neighbour Saudi Arabia to be the region's trade and business hub while The UAE is bidding to host the COP28 global climate talks in 2023.
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