As part of the updated United Arab Emirates (UAE) National Energy Strategy 2050, the country has plans to invest up to $54.4 billion in energy, with a goal of tripling its renewables output over the next seven years, reported Arab News. Following a Cabinet meeting, UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum announced the plans, which include investments in infrastructure development for electric vehicles and low-emissions hydrogen fuel, The Associated Press reported. Read more
