Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Kingdom UAE to jointly develop renewable energy  Join our daily free Newsletter

MENAFN - Arab News - 17/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Saudi arabia and the uae will cooperate to develop renewable energy and clean technology in the region.

the decision which comes at a time of increasing interest in renewable across the region lays down a framework to jointly invest in clean energy projects and green technology investment funds. it will also create opportunities for collaboration on research and development of advanced clean energy technologies including solar wind and water.

abu dhabi-owned masdar and the king abdullah city for atomic and renewable energy (kacare) signed an accord on monday to join together to advance the development of renewable energy and clean technology.

hashim bin abdullah yamani president of kacare and sultan ahmed al-jaber chairman of masdar signed the agreement in the presence of general sheikh mohamed bin zayed al nahyan crown prince of abu dhabi and deputy supreme commander of the uae armed forces.

sheikh mohamed bin zayed al nahyan hailed the pact and its important role in adding to the strong historic and strategic relationship between two countries.

"increased cooperation among gcc countries is crucial to advancing security stability and sustainable growth throughout the region" sheikh mohamed bin zayed added.

through the agreement yamani said that the king abdullah city for atomic and renewable energy aims to diversify saudi arabia's energy sources.

"we are delighted to sign this agreement with masdar that has a proven track record and demonstrated credible achievements during the last eight years in this emerging sector. as regards renewable energy solutions approach grid parity we are confident our combined efforts will contribute to the implementation of renewable energy projects in the region and around the world" yamani said.

the king abdullah city for atomic and renewable energy was established in 2010 with the aim of diversifying saudi arabia's energy sources to include nuclear and renewable.

"energy is fundamental to all economic and social development. the enhanced cooperation between masdar and kacare will contribute to extending the region's energy leadership" al-jaber said.

"masdar shares many strategic objectives with kacare. the uae is a pioneer in deploying renewable energy and is also a major contributor to the international deployment of clean energy.

"by sharing our knowledge and experience with kacare we believe that together we can further advance the use of renewables and ensure our long term economic and energy security" al-jaber added.


 






  MENA News Headlines
 Sep 2 2014 - UAE- Human League to perform in DubaiKhaleej Times
(MENAFN - Khaleej Times) The Human League bring their electro-pop back catalogue to Dubai New wave legends The Human League will bathe The Irish Village in synths for their show on Thursday September ...

 Sep 2 2014 - UAE- Ismail Matar backs Mahdis contract extensionKhaleej Times
(MENAFN - Khaleej Times) Matar hinted that het could be able to return to the pitch in two weeks time after covering half of the four-week period decided by the doctors for his recovery.Dubai: Al ...

 Sep 2 2014 - Dubai does well to curb thalassaemia in newbornsKhaleej Times
(MENAFN - Khaleej Times) Drop in the number of disease cases attributed to awareness campaigns screenings.The number of cases of thalassaemia in newborns in Dubai has drastically reduced due to the ...

 Sep 2 2014 - UAE- Umm Al Quwain offers 50 per cent off on traffic finesKhaleej Times
(MENAFN - Khaleej Times) The 50 per cent cut on pending fines includes unpaid fines for speeding and other traffic violations available till December 5.The UAQ Police are offering a 50 per cent ...

 Sep 2 2014 - UAE- Ajman launches online renewal of car registrationKhaleej Times
(MENAFN - Khaleej Times) The programme also provides the opportunity for public to renew their registration card without having to visit the traffic department.The Ajman Police on Monday launched its ...

 Sep 2 2014 - UAE- Cop accused of kidnapping raping womanKhaleej Times
(MENAFN - Khaleej Times) He drove her to a dark location near a construction site after offering a lift where he allegedly raped her.A cop has been charged in the Court of First Instance with ...

 Sep 2 2014 - UAE- Manager blackmails women staff for sex court hearsKhaleej Times
(MENAFN - Khaleej Times) Three women have complained against the 31-year-old man alleging that he had been constantly sexually harassing them.A Palestinian manager has been brought before the Court ...

 Sep 2 2014 - UAE- 22-year-old Indian found hanging from treeKhaleej Times
(MENAFN - Khaleej Times) Police patrols and paramedics were rushed to the spot who took down the body and transferred it to Al Dhaid Hospital for an autopsy.A 22-year-old Indian man was found hanging ...

 Sep 2 2014 - Destination Dubai for learningKhaleej Times
(MENAFN - Khaleej Times) Emirates education authorities are focusing on Research and Business Development to commercialise technology and part-time work/study policy.The UAE is currently ranked the ...

 Sep 2 2014 - UAE- Scarcity of Indian jumbo passports adds to woes of frequent travellersKhaleej Times
(MENAFN - Khaleej Times) The Indian missions in the UAE were issuing only the 64-page booklets after the supply of ordinary booklets was affected due to technical issues.Just as they were clearing a ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help