Dubai increases energy security

01/09/2009 - Dubai Investment News
Dubai increases energy security

Written by Bob Brunskill

The emirate has increased its energy security through new legislation passed this week, in news that may interest those with Dubai property.

Shaikh Mohammad Bin Rashid Al Maktoum, vice president and prime minister of the United Arab Emirates, has issued two laws that will ensure energy supplies reach Dubai.

According to Gulf News, this involved the creation of the Oil Affairs Department and the Supreme Energy Council, which will oversee the emirate's power needs.

Low-cost electricity and gas, as well as green considerations are to be at the forefront of the organisations' activities.

"The council's targets are ensuring that energy is supplied to Dubai through providing basic energy sources at a reasonable cost and reducing the negative environmental impacts resulting from it," the news provider cited WAM as reporting.

In addition, those with property investments in Dubai may be interested to learn that the new authorities will set quality standards and ensure providers adhere to regulations.

When it comes to getting around the emirate, the Roads and Transport Authority has recently announced it is to use social networking sites to inform people and the media about services and news.

There’s never been a better time to invest in Dubai, say industry heavyweights heading to this month’s Cityscape Global Conference. Invest in your Future - Click here to learn more.