Energy firm picks Dubai as its global hub

11/04/2011 - Dubai Investment News Posted by Neil King
Energy firm picks Dubai as its global hub

Dubai profile as a leading businesses region has been boosted by the recent announcement of a leading energy firm.RUBENIUS, an alternative energy and smart grid enabler, is poised to sue the emirate as the base for its global operations.By setting up offices in the region, the firm promises to connect Dubai with a growing network of worldwide markets.The news has been welcomed by His Excellency Fahd Al Gergawi, chief executive officer of Dubai foreign direct investment, who said the move is in keeping with the UAE's goal of becoming an alternative energy sector leader."Energy-efficient and clean technologies are fast moving up priority lists worldwide. Dubai and the UAE are leading the region in embracing and advocating smart energy choices," he commented."RUBENIUS choosing Dubai as the ideal platform to develop and export its capabilities means Dubai is acquiring new competencies and the capacity to bring strategic investments to other countries, while being a preferred investment destination."