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Wednesday 11-01-2017


 11/01/2017

The National

The UAE’s non-oil economy is expected to reach a growth rate of 4.6 per cent by 2020, partly thanks to robust investment programmes, particularly in infrastructure, said the Minister of Economy.

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The National

Ambitious plans to boost clean energy and slash dependence on natural gas to generate power are at the centre of the UAE’s new energy policy for the next three decades. The UAE Energy Plan 2050 aims to cut carbon dioxide emissions by 70 per cent, increase clean energy use by 50 per cent and improve energy efficiency by 40 per cent by the middle of the century, resulting in savings worth Dh700 billion.

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The National

Dh240 million worth of infrastructure projects have been completed across the capital. Abu Dhabi Municipality said the projects — which included the construction of service roads and parking lots as well as sewage and drainage systems — are aimed at improving quality of life in the city, upgrading the infrastructure, and improving traffic safety.

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The National

Sultan Al Mansouri, the Minister of Economy, talks about the outlook for growth, which will be driven by investments in key sectors such as infrastructure. He also outlines the projected revenue the government expects to generate from the levy of value-added tax (VAT) in 2018 and discusses various laws the ministry is working on, such as the much anticipated investment law.

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Page last updated : 08/02/2017 2:58 PM