UAE + Greece explore further green investment: The UAE’s Industry and Advanced Technology Minister President Sultan Al Jaber and Greece’s Prime Minister George Gerapetritis discussed ways to expand co-investments in green projects under the previously signed UAE-Greece Comprehensive Strategic Partnership, Wam reports.

More investments: During the high-level delegation’s visit, Abu Dhabi’s strategic investment arm Mubadala Investment Company signed an agreement with Greece’s Hellenic Development Bank of Investments to broaden an existing EUR 400 mn partnership through another EUR 200 mn investment, the news outlet writes. The EUR 400 mn strategic agreement was first signed in 2018 to boost investment in Greece’s high-growth sectors.

More green infrastructure: Masdar and the Greek Ministry of Environment and Energy, signed an agreement to implement more projects under the GR-Eco Islands initiative which aims to accelerate the green transition of the Greek isles. Masdar will develop energy efficient infrastructure projects and boost the deployment of renewable energy in the transportation, agriculture, tourism, and infrastructure sectors, as well as implement water and waste management initiatives.

Already in the works: Masdar signed an agreement last December to collaborate on a green infrastructure in Poros Island including renewable energy projects, decarbonising the island’s vehicle fleet and maritime transportation, and waste management projects.

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