The Arab Investment and Export Credit Guarantee Corporation (Dhaman) said the Arab region attracted 360 foreign renewable energy projects over the past 22 years, with investments exceeding $351 billion, creating more than 83,000 jobs.
In its second 2025 sectoral report on electricity and renewable energy, issued Sunday from Kuwait City, Dhaman said Egypt, Morocco, the United Arab Emirates, Mauritania, and Jordan accounted for 248 projects, 69 percent of the total, with a combined value of $291 billion and 68,000 jobs.
The report showed the UAE led the region in project numbers, investment value, and job creation, with 57 projects worth $88.5 billion and over 16,000 jobs. Saudi Arabia’s ACWA Power ranked first in the number of projects (20), the UAE’s Infinity Power topped investment value ($34 billion), and India’s Acme Energy led job creation (4,000 jobs).
Dhaman said only five Arab countries, the UAE, Saudi Arabia, Bahrain, Jordan, and Egypt, invested in 90 intergovernmental renewable energy projects worth $113 billion, accounting for a quarter of all foreign projects and creating 22,000 jobs.
Key findings
According to Fitch Ratings, the UAE, Saudi Arabia, Qatar, Kuwait, and Oman were rated as the most attractive Arab markets for electricity and energy investment in 2025, followed by Morocco, Egypt, and Algeria.
The report projected electricity generation in 15 Arab countries to rise 4.2 percent to more than 1,500 terawatt-hours (TWh) this year, with a further increase to 1,754 TWh by 2030. Consumption is expected to rise 3.5 percent to 1,296 TWh this year, with Saudi Arabia, Egypt, the UAE, Algeria, and Kuwait accounting for 74 percent. Per capita electricity generation is forecast to increase to 8.6 thousand kilowatt-hours this year and 9.6 thousand kilowatt-hours by 2030.
Dhaman reported that Arab foreign trade in electricity and power-generation equipment increased 8 percent to $39 billion last year, with the UAE, Saudi Arabia, Morocco, Iraq, and Qatar making up 81 percent. Exports rose 9 percent to $7.6 billion, while imports increased 7.8 percent to $31.5 billion. Turkey was the largest electricity exporter to the region, and the United States was the top supplier of power-generation equipment.
Dhaman, established in 1974 and headquartered in Kuwait, is the world’s first multilateral investment insurance agency jointly owned by Arab countries and four Arab financial institutions.