A Memorandum of Understanding (MoU) was signed on Monday in Dubai by Greece's Independent Power Transmission Operator (IPTO), the Republic of Cyprus' Ministry of Energy, Commerce & Industry and Abu Dhabi-based energy conglomerate TAQA, it was reported on Tuesday.

Prime Minister Kyriakos Mitsotakis is visiting Abu Dhabi on Tuesday where he will meet with the head of the Abu Dhabi Investment Authority Sheikh Hamed bin Zayed Al Nahyan, followed by a meeting with the Abu Dhabi Emirate Crown Prince Sheikh Mohammed bin Zayed Al Nahyan.

Greek Foreign Minister George Katrougalos will travel to the United Arab Emirates on Tuesday for meetings with political leaders of the country.