The work on "Africa's largest wind farm" has gained momentum after Abu Dhabi Energy Company – Masdar and its partners signed a deal with Egypt's New and Renewable Energy Authority to secure land for the project.
Set to be worth over $10 billion, the farm in Egypt is set to produce 47,790 GWH of clean energy per year and reduce the country's annual carbon emissions by 9 per cent.
"It is a sign of the strong partnership between the UAE and Egypt, with great potential to create jobs, cut emissions and power homes with clean electricity at competitive economical costs," said Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and COP28 President-Designate.
The project will also help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030. The 10 GW plant will save the country an estimated $5 billion in natural gas costs a year.
The initial agreement on the joint venture between Masdar and its partners Infinity Power and Hassan Allam Utilities was signed in 2022.
The consortium also signed agreements with Egyptian state-backed organisations to develop green hydrogen and derivatives’ production facilities, with a target capacity of 4 GW by 2030, and an output of up to 480,000 tonnes of green hydrogen per year.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call on Tuesday from Vladimir Putin, President of the Russian Federation.
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed the repercussions of Iran's attacks targeting the UAE and several regional countries during a meeting with Nikos Dendias, Greece's Minister of National Defence, on Tuesday.
The UAE Minister of Economy and Tourism, Abdulla bin Touq Al Marri, reaffirmed the country's ability to maintain sufficient food supplies and stable prices, during a tour of a leading national companies in the food manufacturing sector in Abu Dhabi on Tuesday.
The UAE has extended distance learning across all higher education institutions until Friday, April 17, with exemptions for "priority programmes that require physical attendance".
Dubai’s Knowledge and Human Development Authority (KHDA) has opened applications for its scholarship scheme aimed at supporting high-achieving Emirati students.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed the implications of the ongoing military escalation during talks with Qatar's Emir Sheikh Tamim bin Hamad Al Thani in Abu Dhabi.
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