At the 2015 World Future Energy Summit in Abu Dhabi from January 19-22, REC, a leading global provider of solar energy solutions, is highlighting the all-round strengths that keep the company at the forefront of the global solar industry: product innovations, a new alliance with a best-in-class...
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has announced that the production capacity of the second phase of the Mohammed bin Rashid Al Maktoum SolarPark will be increased from 100MW to 200MW. The announcement was made at a press conference held today at...
One of the most prosperous countries in the world, Kuwait, will generously invest for the improvement and development of its infrastructure. The Kuwaiti government has released its development plan for 2015-2020 which includes the resumption of a number of stalled mega-projects along with a range...
a consortium led by ACWA Power, a leading water and power developer, owner and operator based in Riyadh, Saudi Arabia with international operations in 9 countries, and SENER, the Spanish engineering and construction company, as technology provider was announced as preferred bidder to develop,...
Middle East Electricity, the world’s largest power exhibition taking place on 2-4 March at the Dubai World Trade Centre, is preparing for its 40th edition in 2015. The show has not only witnessed a 40 per cent increase in visitor attendance over the past two years, but has also acquired 21 per...
Developers in GCC countries should focus more on providing sustainable, attractive, outdoor environments when they look at new construction projects, industry experts agree. While the building industry is booming in the region, with the total value of construction projects awarded across the GCC...
The first full trading week of 2015 kicked off with a lot of focus on the continued fall in energy markets (as this is helping to destabilise other asset classes). Stocks were initially pulled lower by the steep fall in crude and its negative impact on the energy sector, while government bond...
Organizers of the 12th ArabPlast have said that the petrochemical sector in the GCC saw an overall growth of about 11 per cent (CAGR) over the past 10 years, driven by enhanced capacities across all major sub-sectors. Those figures were highlighted at a press conference held in Grand Hyatt, Dubai,...
Gulftainer, a privately owned, independent terminal operating and logistics company, marked another significant milestone with the Sharjah Container Terminal (SCT) surpassing 400,000 TEUs (Twenty Foot Equivalent Units) in annual throughput during 2014. SCT has again recorded double-digit growth...
Schneider Electric, a global specialist in energy management, has been recognized for its efforts to conserve and manage energy consumption at more than 300 company facilities around the world. The company was honored with a Stewardship Award at the 2014 Platts Global Energy Awards. Chris Hummel, ...