UAE Pledges One Billion USD To Support Yemen’s Energy Sector

UAE Pledges One Billion USD To Support Yemen’s Energy Sector

ADEN, Yemen, Nov 27 (NNN-SABA) – The United Arab Emirates (UAE), has pledged one billion U.S. dollars, to support electricity and energy projects across Yemen, according to a report, yesterday.

The announcement was made following a meeting in Aden, between Presidential Leadership Council chief, Rashad Al-Alimi and UAE Ambassador, Mohamed Hamad Al Zaabi, who reaffirmed Abu Dhabi’s intention to help restore Yemen’s battered power network.

Yemen faces chronic electricity outages for more than two decades, with southern provinces, like Aden, experiencing blackouts that can stretch up to 12 hours a day. Damage to power plants, limited fuel supplies and fragmented authorities have left millions relying on private generators and small-scale solar systems.

The UAE’s new pledge coincided with the First National Energy Conference, held in Aden, where government officials, investors, and renewable energy experts gathered, to discuss long-term reforms aimed at stabilising the grid, and attracting financing to the country.– NNN-SABA  

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