Innovest Powers UAE's Clean Energy Future with Strategic Partnership

Abu Dhabi-based Innovest Holding LLC, a prominent investor in sustainable technologies, has unveiled a groundbreaking strategic alliance with OXON Technologies, a forward-thinking energy solutions company headquartered in Nevada. This partnership represents a bold step toward reshaping the global energy sector through innovative, eco-friendly fuel alternatives.

A Shared Mission for a Cleaner Tomorrow

The collaboration stems from a united mission to address the global demand for cleaner, more sustainable fuels. With their combined expertise and vision, Innovest and OXON aim to support the UAE’s bold environmental ambitions by delivering practical, high-impact solutions to the clean energy challenge.

“At Innovest, we believe in shaping the future through transformative, sustainable technologies”, Mohammad Mahfouz, Chief Executive of Innovest, said. “Our partnership with OXON Technologies to introduce OXONtech demonstrates commitment to clean energy, industrial growth, and environmental impact, aiming to position the UAE at the forefront of green fuel solutions,” he added.

“OXON Technologies welcomes this exciting next step in our two years of development and technology testing and with our UAE partners. This partnership is a testament to our shared vision of sustainable economic growth, technological innovation, and global leadership in environmental responsibility”, Chief Executive of OXON Technologies, Andrew Lowenstein said.

Advancing Technology to Cut Carbon Emissions

The joint venture will prioritize the use of advanced technologies to drive responsible energy practices and significantly reduce carbon emissions. This initiative is more than a business endeavor — it's a cornerstone of the UAE’s broader strategy for sustainable economic growth and environmental stewardship.

Commitment to Climate Action and Industry Collaboration

Looking ahead, Innovest plans to engage with key players in the refinery and energy industries to extend the reach and impact of this initiative. United by a strong commitment to climate action and sustainable innovation, Innovest and OXON Technologies are setting the stage for a transformative shift in how the world approaches energy, aiming to secure a healthier planet for future generations.