KUALA LUMPUR - Malaysia and the United Arab Emirates have agreed to jointly establish renewable energy capacity of 10 gigawatts in Malaysia worth $8 billion by 2025, Malaysia Prime Minister Anwar Ibrahim said.

The collaboration is outlined in a preliminary agreement between the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company PJSC (Masdar), Anwar said in a post on Facebook on Thursday.

(Reporting by Danial Azhar; Writing by Rozanna Latiff; Editing by Martin Petty)