UAE

 

Abu Dhabi Restructures Energy Sector

 

Abu Dhabi on 16 March created a new Energy Authority, announced in a decree by UAE President Shaikh Khalifa bin Zayid Al Nuhayyan as part of a wider reshuffling of the Abu Dhabi Executive Council (ADEC). This is chaired by Shaikh Muhammad bin Zayid, the president’s half-brother and crown prince, and considered the driving force behind Abu Dhabi’s development.

The establishment of the new Energy Authority is a significant...