Ambassador of Oman Abdullah Al-Rahbi discusses means of cooperation about renewable energy with Egyptian investors

Ashraf AboArafe

Today, at the headquarters of the Omani Embassy in Cairo, Ambassador Abdullah Al-Rahbi, Ambassador of the Sultanate of Oman in Cairo and Permanent Representative to the League of Arab States, met with a number of Egyptian investors in the field of renewable energy, to discuss ways of cooperation between the Sultanate of Oman and Egypt in this field.

During the meeting, Al-Rahbi was briefed on the latest technologies in the field and the aspirations of investors. He expressed his welcome to create the appropriate conditions to meet with those concerned in the Sultanate of Oman.

Al-Rahbi said: We welcome Egyptian investments in light of the growing cooperation in the fields of investment and the economy in general, especially since Egypt is witnessing rapid growth in the field of renewable energy and its accumulation of expertise in this field.

For their part, Egyptian investors expressed their confidence in the policies adopted to attract investments and the efforts made by the Sultanate of Oman in this regard.

It is worth noting that the Sultanate of Oman had participated with a high-level delegation in the 27th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), which was hosted by Sharm El-Sheikh from 6-18 November.

Ambassador Abdullah bin Nasser Al-Rahbi had affirmed in his speech, during his participation in the round table meetings on the aspirations, plans and actions of countries in climate change before 2030, within the framework of the COP27 summit, the commitment of the Sultanate of Oman to support international efforts to reduce carbon emissions and limit impacts. Negative effects of climate change, and the implementation of a plan for energy transition and decarbonization with investments of more than $190 billion by 2050.

In his speech, Al-Rahbi indicated that the Sultanate of Oman announced, last October, that it set the year 2050 as a goal to achieve zero neutrality in greenhouse gas emissions in all development sectors, and initiated a series of detailed workshops and meetings between stakeholders at the national level. In an effort to prepare a roadmap that includes specific projects to reduce emissions at the level of all sectors, and that the Sultanate’s efforts in the field of mitigation were not limited to this announcement only, but rather it implemented many projects to reduce carbon emissions from various sectors, especially renewable energy projects, energy efficiency projects, and projects to reduce burning operations. gas and reduce methane emissions by using advanced monitoring techniques such as satellites and thermal cameras.