UAE Firm Bids For Egypt’s Renewable Plants
A Dubai-based private firm is leading a consortium in bidding to develop solar and wind power plants for Egypt as part of the country’s plans to diversify its power generation mix amid its worst energy crisis in decades, the company’s chairman said.
“Globally, tyre manufacturers are striving to develop a zero-collision driving environment. In terms of road safety, TPMS and anti-collision braking system have become an integral part of the UAE automotive market. Moreover, UAE government’s liberal taxation policies and investment support systems are encouraging foreign investors towards the country.
All these factors are cohesively augmenting the tyre market in the UAE.” Said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.