Abu Dhabi’s green ambitions

Abu Dhabi – the capital of the United Arab Emirates – is trying to reduce its dependence on oil exports by diversifiying its economy. Part of the emirate’s strategy is to become a leader in clean energy. The eco-city Masdar is one example which shows Abu Dhabi’s determination to become a greener place.

Abu Dhabi’s Aabar Investments PJSC bought a  9.1% stake of the German car maker Daimler last week. The cooperation between the emirate and the auto company should create jobs and accelerte the development of electric cars. For more information, check out my new blog: Abu Dhabi and Daimler teaming up: oil, electric cars, eco-cities and lots of money

Advertisements

Leave a comment

Filed under Economy, energy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s