S.S. Lootah invests AED5.5 billion in clean energy projects

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About S.S. Lootah International:
S.S. Lootah International was envisioned in 1999 as the international business arm of S. S. Lootah Group leading its national, regional and global business growth in the 21st century. Over the past years, we have forged successful alliances, partnerships and joint ventures with leading international companies across key industries.

Today, S.S. Lootah International has become the name behind multi billion dollars development projects in markets that caters for over 5 billion people, stretching over Asia Africa and Europe. Based in Dubai, United Arab Emirates, a world-class business and leisure hub, S.S. Lootah International business philosophy reflects Dubai's dynamism through pioneering successful projects that is critical to the needs of national and regional economic development and growth. Besides being a unique business expertise and know-how exchange platforms, our ventures facilitate knowledge creation that address pressing issues and global challenges.

With capabilities to develop, manage, support and finance some of the largest projects in the construction, industrial, telecommunications, energy, environmental research and sustainable development sectors, S.S. Lootah International will continue to pursue strategic partnerships with leading businesses worldwide.

It's our pride at S.S. Lootah International to serve the ever growing development needs, in our region and beyond, with sustainable projects that benefit people, the economy and future generations. We will continue to take the lead with entrepreneurial initiatives, following the legacy of S.S. Lootah Group, founded and chaired by Haji Saeed Ahmed Al-Lootah in Dubai in 1956.

The extraordinary portfolio that carries the hallmark of the visionary Haji Saeed Bin Ahmed Al Lootah includes the first contracting company in the UAE in 1956, the first Islamic bank in the world , Dubai Islamic Bank, in 1975, Schools, a technical institute a medical and treatment research centre, an environment research , to name but a few. The legacy of the Lootah family continues with the second generation carrying out a series of projects involving cutting edge technologies as the region seeks to take its rightful place in the forefront of development in the 21st century.

S.S. Lootah Group diversified business profile includes: Construction, Islamic Banking & Finance, Energy, Telecommunications, Environmental research, Consultancy, Finance, Trade, Manufacturing, Retail, Property, Hospitality and Education.


About IEG:
The International Energy Group (IEG) is a strategic alliance of international companies in the energy sector. The IEG alliance has been forged to act as a catalyst for advanced energy technologies in the Middle East region and beyond. IEG is based in Dubai, United Arab Emirates, a regional business hub that enables IEG to reach out to a vast region. A region that seeks unique advanced technology to address its growing development needs.

IEG is committed to integrate cleaner and renewable energy sources with finite energy sources in use today, to benefit people, business and the environment. IEG will serve this unique and critical role of introducing commercially viable advanced energy technologies and applications to industrial, business and government sectors.

IEG will achieve this goal by facilitating access to the technical know-how, expertise and skills acquired through on going projects, developed, managed and implemented around the world through its alliance members. IEG believes that its collaborative work will bring clean energy technologies and applications to life in the region and beyond and will improve on the overall economics and business opportunities of the global energy industry.