Financial Times FT.com

Hot demand in a cooling market

By Robin Wigglesworth

Published: June 30 2008 18:01 | Last updated: June 30 2008 18:01

A large blue-panelled structure, among several new office blocks, stands over a cluster of dusty dhows in the Al Bateen area on the southern tip of Abu Dhabi island.

It is of the same size and design as a conventional building but it bears a sign that says “Energy Well Spent”. An insistent humming comes from within.

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