Abu Dhabi to Fund $1 Billion Clean Energy and Grid Projects in Yemen

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Abu Dhabi-based Global South Utilities will invest $1 billion in clean energy and grid projects in Yemen, expanding the country's energy system and supporting economic growth.

Market Impact

Market impact analysis based on bullish sentiment with 77% confidence.

Sentiment
Bullish
AI Confidence
77%

Article Context

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Abu Dhabi-based energy firm Global South Utilities (GSU) will implement solar, wind, and distribution networks expansion projects in Yemen worth $1 billion as the United Arab Emirates continues to fund energy projects in the war-torn country. “This one-billion-dollar portfolio expands an energy system capable of supporting a larger economy and a more active market in Yemen,” GSU’s chief executive Ali Al Shimmari said in a statement carried by Reuters. Global South Utilities (GSU) was founded with a mission to deliver sustainable,…

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Original article published by OilPrice.com on November 26, 2025.
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