Sectarian clashes and international trade restrictions have tended to depress economic conditions across an unstable #MiddleEast. However, Abu Dhabi is on the cusp of breakthrough technology in the #energy sector with the first green city "Masdar City."
Considering large #oil revenues of the Gulf governments, they could expand renewable energy sector, whereby, reducing dependency on the unstable oil market. #Solar energy, kinetic energy and hydro-energy are viable and abundant in the region. This transition is likely to take time to come into effect, but the rewards in R&D, infrastructure, employment, investment and exports are likely to trigger an expansion of some sort.
How To Invest In Energy With The Middle East On The Brink
Sectarian clashes and international trade restrictions have tended to depress economic conditions across an unstable #MiddleEast. However, Abu Dhabi is on the cusp of breakthrough technology in the #energy sector with the first green city "Masdar City."
Considering large #oil revenues of the Gulf governments, they could expand renewable energy sector, whereby, reducing dependency on the unstable oil market. #Solar energy, kinetic energy and hydro-energy are viable and abundant in the region. This transition is likely to take time to come into effect, but the rewards in R&D, infrastructure, employment, investment and exports are likely to trigger an expansion of some sort.