Dubai to Spend billions on Clean Energy Push
Dubai will spend billions of dollars on generating clean energy, the government said on Saturday, aiming to have solar panels installed on the roofs of all buildings by 2030. The fast-growing desert city state of 2.4 million, located in one of the hottest regions of the world, uses huge amounts of energy to air-condition its skyscrapers and provide water supplies through desalination.
Dubai's ENOC Plans Regional Expansion after Fuel Deregulation
Dubai's Emirates National Oil Co (ENOC) plans to expand in the region after the United Arab Emirates deregulated fuel prices, lifting financial pressure on the company, it said on Wednesday. The firm has struggled in recent years, losing hundreds of millions of dollars annually because it was obliged by UAE rules to sell gasoline at a fraction of international market rates.