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BUSINESS

BUSINESS latest

GCC Mega Developments Could Generate Up to a Third of Electricity Demand with On-Site Solar, BCG Finds
July 30th, 2026 - 03:52 GMT

GCC Mega Developments Could Generate Up to a Third of Electricity Demand with On-Site Solar, BCG Finds

Large-scale urban developments across the Gulf could generate up to approximately one-third of their electricity demand while reducing costs by a similar margin, according to a new report from Boston Consulting Group (BCG) on renewable-powered cities. The report, titled Mega-Projects Powered by Renewables: A Practical Playbook for Saudi Arabia, highlights how integrating solar energy directly into development design can unlock significant economic, environmental, and operational benefits. The findings are based on modelling of large-scale developments in high-irradiance Gulf markets and reflect conditions increasingly common across the region. While the underlying ...
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Al Bawaba
June 8th, 2014 - 04:45 GMT

Doha Bank named the "Best Regional Commercial Bank" at the Banker Middle East Industry Awards

Damas
June 8th, 2014 - 04:25 GMT

Damas marks participation at Arab Luxury World 2014

High-ranking business leaders and travel and tourism experts welcomed the proposal.
June 8th, 2014 - 02:55 GMT

A one for six deal: unified GCC visa for tourists seems to be on the way

Abu Dhabi has been seeing a boom in tourism in recent months, with occupancy levels in the emirate’s hotels reaching 71 per cent in 2013.
June 8th, 2014 - 02:55 GMT

New massive, $250 million resort planned for Abu Dhabi

Al Bawaba
June 7th, 2014 - 07:02 GMT

Unraveling the obvious: high-end global destinations seeking lucrative Gulf travelers

The Ministry of Haj has warned local Haj companies against running exaggerated advertising campaigns and to refrain from using language that seemingly promotes special or VIP services.
June 5th, 2014 - 01:00 GMT

Better deliver what they promise: Saudi Arabia toughens up requirements for Hajj firms

Al Bawaba
June 5th, 2014 - 12:40 GMT

They're probably sitting in their banks somewhere: Switzerland working with Egypt, Ukraine to recover stolen assets

This marks the first day of a campaign initiated by Dilvia to encourage people to donate blood in order to meet the high demand and low availability in hospitals across the region.
June 5th, 2014 - 12:07 GMT

Kurdistan's youth start a new bloody business

Al Bawaba
June 5th, 2014 - 11:34 GMT

Dubai Chamber Sustainability Network launches ‘ACT to Sustain - Be Responsible’ Waste Management Campaign

Al Bawaba
June 5th, 2014 - 11:18 GMT

Someone's happy with the elections: Egyptians can now apply for Saudi visas

Gulf Bank
June 5th, 2014 - 11:15 GMT

Moody’s: Gulf Bank well positioned to take advantage of lending opportunities in Kuwait

Al Bawaba
June 5th, 2014 - 11:06 GMT

Crossing the line, again: Israel issues 1500 tenders to build houses beyond the Green Line

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