Arab region secures $351bn in foreign renewable energy projects: report

JEDDAH: The Arab world attracted 360 foreign renewable energy projects between January 2003 and December 2024, with investments surpassing $351 billion and generating more than 83,000 jobs, according to a new report from the Arab Investment and Export Credit Guarantee Corp., known as Dhaman. Five countries — Egypt, Morocco, the UAE, Mauritania and Jordan — accounted for 248 projects, or 69 percent of the total, with a combined investment value of $291 billion. These projects alone created nearly 68,000 jobs, representing 82 percent of employment in the sector.

News Sep 29, 2025 0 27 Add to Reading List

Arab region secures $351bn in foreign renewable energy projects: report

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JEDDAH: The Arab world attracted 360 foreign renewable energy projects between January 2003 and December 2024, with investments surpassing $351 billion and generating more than 83,000 jobs, according to a new report from the Arab Investment and Export Credit Guarantee Corp., known as Dhaman. Five countries — Egypt, Morocco, the UAE, Mauritania and Jordan — accounted for 248 projects, or 69 percent of the total, with a combined investment value of $291 billion. These projects alone created nearly 68,000 jobs, representing 82 percent of employment in the sector.

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