Overseas Market Season: Dubai is the economic Mecca of the Desert City, the Singapore model of the Middle East

On November 4, 2024 local time in Dubai, UAE Minister of Energy and Infrastructure Suhail Mazruy announced that in order to meet sustainable energy needs, the UAE will invest 200 billion dirhams (approximately 54.4 billion US dollars) over the next six years, with plans to "decarbonize the economy and achieve net zero emissions by 2050.