They added: "The local market is witnessing a great momentum in solar energy systems, which have become easier and faster to implement, as well as in light of the early steps taken by the UAE to adopt clean energy technologies."
Mohammed Younis, Regional Sales Manager of UK Solar Power, said: "The markets are witnessing a growth in demand for solar panel systems sales by up to 40 per cent during the recent period, supported by the UAE's sustainable trends and the high awareness of individual and corporate customers, in addition to the factor of the decline in the cost of panels globally, by about 7 per cent, and its reflection on the cost of supply to the region's markets", Al Khaleej reported.Mongolia has reached a critical juncture and is undergoing a process of foreign policy modernization. The burgeoning relations between Ulaanbaatar and Central Asian states signifies a strategic initiative aimed at balancing its partnerships with Russia and China. Since 2020, Mongolia has augmented its diplomatic activities with Central Asian countries, as evidenced by the Mongolian President's visit to Uzbekistan and Kazakhstan in 2024. Notwithstanding the prevailing positive development dynamics, economic relations between Mongolia and Central Asia remain modest but growing, particularly in trade with Kazakhstan, Kyrgyzstan, and Uzbekistan, where exports have increased significantly.
Sri Lanka is the only country in the Asia region currently engaged in discussions with US officials to renegotiate tariffs imposed under US President Donald Trump’s administration, according to deputy economic minister.
China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift "restrictive measures" while Beijing would review and approve items under export controls.