Abu Dhabi: Is there prosperity to be found beyond oil?

clock • 3 min read

Oliver Greenfield of the Green Economy Coalition argues the emirate has potential to diversify its economy under the banner 'sustainable behaviour is the patriotism', but huge challenges await

The United Arab Emirates (UAE) is built on oil. Once a desert, the shiny buildings and pristine housing developments in Dubai and Abu Dhabi have been paid for by selling millions of barrels of the stuff...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Subsea trenching firm Enshore Subsea secures £100m funding boost

Subsea trenching firm Enshore Subsea secures £100m funding boost

Investment to help accelerate delivery of offshore energy projects, including three German North Sea contracts and cable installations in Scotland and Senegal

clock 29 January 2026 • 2 min read
National Wealth Fund to invest over £100bn in industries driving clean energy growth

National Wealth Fund to invest over £100bn in industries driving clean energy growth

Fresh funding expected to create and support more than 200,000 jobs, while saving 500 million tonnes of CO2 emissions by 2050

Stuart Stone
clock 28 January 2026 • 3 min read
Low Carbon raises £500m for European renewables pipeline

Low Carbon raises £500m for European renewables pipeline

New funding package to help drive clean energy company’s expansion plans in the UK, Germany, and Poland

clock 28 January 2026 • 2 min read