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 Latest Industry & Market News |
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| Bahrain is a primary option for international investors looking to establish operations in the Middle East |
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| The undisputed financial center of the Arabian Gulf region, and fast becoming the region’s knowledge-based services hub, Bahrain’s progressive outlook and international perspective are reflected in social and economic diversity. |
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Full Story Wednesday, July 16, 2008 |
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| Bahrain’s demand for power grows rapidly |
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| Bahrain’s first private sector power project commenced full commercial operation in May 2007. |
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| Read
Full Story Tuesday, July 15, 2008 |
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| Immense increase in demand for energy in the GCC countries offers great opportunities for private equity investment |
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| The population in the Arab countries is currently increasing at an average of 2.2% to 5.5% per annum. |
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Full Story Monday, July 14, 2008 |
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| GCC countries to invest $200bn on 20 energy projects |
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| Recent reports on the solar energy industry found that solar energy accounts for only 1% of the world’s energy resources, today, while the rise of energy prices to record highs, coupled with the lack of signs of stability, seems certain to increase investment in this sector by approximately 50% within two years. |
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Full Story Monday, June 23, 2008 |
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| GCC Grid Phase I to come online in 2009 |
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| The GCC Interconnection Grid, which will link power grids of the six-member states, is progressing on schedule and the first phase is expected to come online during the first quarter of next year. |
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Full Story Tuesday, June 03, 2008 |
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| Nuclear energy best option for Gulf states, say experts |
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| Nuclear power rather than renewable sources like the wind or sun are the best option for oil-rich Gulf Arab states to meet growing energy demands, especially if produced collectively, say regional experts. |
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Full Story Tuesday, May 27, 2008 |
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| UAE joins GCC power grid |
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| The UAE officially joined the current phase of the $1.6 billion GCC power grid on Sunday, state news agency Wam reported. |
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Full Story Monday, May 19, 2008 |
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| $120bn needed to solve power, water crisis in GCC |
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| Gulf states are expected to invest around $120 billion over the next decade in order to address the region’s rapidly approaching water and power shortage crisis, according to an energy expert. |
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Full Story Tuesday, March 25, 2008 |
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