Economics

UAE Firms Sign US$6.1 Billion Biofuel Deal in Khorezm

UAE companies Allied Biofuels and Deem Engineering signed an agreement for a US$6.1 billion hydrogen-based biofuel project in Uzbekistan's Khorezm region.

A significant US$6.1 billion biofuel agreement has been finalized in Uzbekistan's Khorezm region by companies from the United Arab Emirates.

According to a report from the Dunyo

uae-uzbekistanbiofuel productionhydrogen fuelaviation biofuelgreen dieselinfrastructure projectsforeign investmentkhorezm region