The Almas tower, right, stands above other skyscrapers at the Jumeirah Lake Towers development in Dubai, United Arab Emirates, on Sunday, Dec. 11, 2011. Dubai and its state-owned non-financial companies have $101.5 billion of outstanding debt and may need further financial support to meet those obligations, Moody's said. Photographer: Gabriela Maj/Bloomberg
The skyline in Dubai. File Photo / Bloomberg

UAE launches new energy model to map energy transition over the next 50 years




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