100 smartest people in the UAE
Tue 26 Sep 2017 12:04 AM
Sami Khoreibi

Company: Enviromena

Designation: Founder

Country: Palestine/Canada

Country of residence: Canada

Most people assume that lower oil prices would be a major hindrance for green energy advocates, especially in a region so flush with fossil fuels. After all, why would governments invest in costly solar plants if conventional energy is so affordable? In 2007, Khoreibi was one a handful of green energy pioneers to understand that falling costs would also mean reduced revenues for GCC countries, and began quietly laying the groundwork for solar energy through his company Enviromena. Ten years later, Khoreibi’s energy gamble is paying off. Enviromena has hit record numbers in solar deployment, and is helping the UAE become a world leader in green energy.