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According to the article, a plan has been announced to invest $175 billion by 2025 in the Gulf region, aimed at enhancing its capabilities in renewable energy and achieving sustainable development. The plan anticipates that these investments will contribute to increasing the share of renewable energy to 14% of total electricity production by 2026, up from the current 8%, reflecting the region’s move towards reducing reliance on oil and fulfilling long-term energy transition goals.
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