UAE Energy Plan 2050 to attract ‘investments’

Dubai / Emirates Business

Having a long-term energy plan will boost sustainable long-term investments in the UAE, says a London Business School expert.
This month, the UAE government unveiled a three-decade energy plan that aims to save the country billions of dirhams while still sustaining economic growth.
Commenting on the new Energy Plan, Ioannis Ioannou, Associate Professor of Strategy and Entrepreneurship, London Business School said: “The main goal of the UAE Energy Plan 2050 is for clean energy to account for 44% of total energy production to contribute towards sustainable economic growth for the country in the long run.”