Business

M'sia committed to promoting renewable energy, facilitating business dealings in UAE - Anwar

In the short visit, Anwar said Malaysia managed to reap great benefits, especially in terms of investment

Updated 2 years ago · Published on 11 Oct 2023 7:47PM

M'sia committed to promoting renewable energy, facilitating business dealings in UAE - Anwar
During the visit, Anwar also met several senior ministers involved in economic, trade and investment affairs - The Vibes pic, October 11, 2023

KUALA LUMPUR - Prime Minister Datuk Seri Anwar Ibrahim has given assurances of Malaysia’s commitment to promoting renewable energy, as well as facilitating business dealings with the United Arab Emirates (UAE).

Anwar, in a Facebook post, said he had expressed the matter during his meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan, who is also the Ruler of Abu Dhabi, during a two-day working visit to Abu Dhabi, UAE on Oct 5 and 6.

He said during the working visit which only lasted for about 36 hours, he also met several senior ministers involved in economic, trade and investment affairs, the UAE sovereign wealth fund's shareholders, the Abu Dhabi Investment Authority (ADIA) and some of the largest companies in the UAE.

"In the short visit, Malaysia managed to reap great benefits, especially in terms of investment from the gulf country by generating committed investments amounting to RM40.6 billion (US$8.6 billion) in sectors such as renewable energy, aerospace and logistics.

"InsyaAllah, I am confident that the planning that has been done and drafted is capable of making Malaysia one of the most important hubs for the renewable energy sector," he said. - Bernama, October 11, 2023

Related News

Malaysia / 18h

Form Six students to get allowance from 2027

Malaysia / 20h

Saravanan's letter will be referred to MACC, relevant authorities - PM Anwar

Malaysia / 1d

Saravanan urges Anwar to halt MACC probe, claims allegations baseless

Malaysia / 4d

PM to bring Felda forensic audit proposal to Cabinet

Malaysia / 6d

PM Anwar receives royal honour from Brunei Sultan

Malaysia / 1w

PMX responds to student's invitation to 'Uncle Anwar'

Spotlight

Malaysia

Desa ParkCity deaths: Netizens voice concern, call for increased enforcement, crackdowns on scammers

Malaysia

Seven Yemenis arrested over dangerous stunt on KL road

Malaysia

UMNO gives state leaders mandate to negotiate electoral pacts

Malaysia

Sultan Selangor warns against greed, abuse of trust

By Alfian Z.M. Tahir

Malaysia

Form Six students to get allowance from 2027

Malaysia

Desa ParkCity deaths: Wife believed to be victim of love scam, say cops

Malaysia

Saravanan's letter will be referred to MACC, relevant authorities - PM Anwar

Malaysia

Thirteen arrested after teen girl dies in suspected gang-related road attack in Kulai

You may be interested

Business

Questions over traceability of nearly 77,000 tonnes of K8 cargo at Tanjung Langsat

Business

Oil prices fall as Hormuz reopening hopes offset Iran tensions

Business

Robo.ai swings to positive equity after US$46.7m first-half profit

By Alfian Z.M. Tahir

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir

Business

Malaysia’s international reserves stand at US$132.07b in July

Business

Petronas revenue jumps 15% to RM152.4b as energy investments lift first-half earnings

Business

K8 Cargo: Company still in limbo, claims CEO

Business

ASM 2 Wawasan declares seven-year high payout of 5 sen a unit