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11/25/24, 10:53 AM H.E. Bin Touq holds meeting with Peec Mobility to learn about the company’s plans for UAE market - Middle East News 247

H.E. Bin Touq holds meeting with Peec Mobility to

learn about the company’s plans for UAE market

By News Desk 1 20/11/2024

His Excellency Abdulla bin Touq Al Marri, Minister of Economy, held a meeting with Peec Mobility officials to
learn about the company’s future plans for the UAE market and their contribution to promoting the circular
economy and sustainable transportation. The meeting forms part of the Ministry’s broader strategy to

enhance dialogue with the private sector as part of the newly launched economic engagement initiative.

During the meeting, H.E. Bin Touq highlighted that the UAE, under the directives of its wise leadership,
places significant emphasis on advancing policies and initiatives that support the transition to a circular
economy in line with global best practices. A key initiative in this regard is the “UAE Circular Economy Policy

2031,” which recognizes the private sector as a key contributor to the achievement of its goals. It focuses on
embedding sustainable practices across key sectors, including sustainable transport, manufacturing, food,
and infrastructure, ensuring the country’s resilience to climate change and supporting its broader economic

and social development goals.

H.E. stated, “The ongoing transformation of the country’s transportation systems into more sustainable, eco-

friendly models is a key aspect of our efforts to reduce fuel consumption and cut carbon emissions. The
meeting with Peec Mobility is a crucial step in strengthening cooperation in circular economy practices and
gaining insights into the latest advancements in the electric vehicle sector. The meeting helped us explore

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