GL Holding & UMS agree to launch renewable energy projects in UAE

GL Holding & UMS agree to launch renewable energy projects in UAE

Global Links Holding (GLH), an Abu Dhabi-based Investors group, has signed a partnership agreement with Urban Mobility Systems (UMS), a leading Dutch company in the green energy sector, to launch a series of renewable energy projects in the UAE.

This series of projects will start with the establishment of a factory specialized in developing and manufacturing green batteries, electric motors, chargers, and power generators.

The partnership agreement was signed in Abu Dhabi, under the patronage of the Ministry of Economy and with the attendance of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Mr. Gerard Paul Marie Hubert Steeghs, Ambassador of the Kingdom of the Netherlands to the UAE. Mr. Ali Mohammed Al Mulla, CEO of GLH, and Mr. Lars Kool, CEO and Head of Technology at UMS, signed the agreement.

Dr. Al Zeyoudi stressed that the UAE is keen to attract modern global technologies in the green energy sector, as part of its efforts to diversify the national economy, in partnership with the private sector, which is a vital partner in its ongoing development journey and plans to stimulate economic growth by creating new sectors and business areas that depend on innovation and knowledge, addressing the future