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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 1st, 2014 - 02:55 GMT

Kuwait: the 'sleeping giant' with lost dreams

Al Bawaba
June 1st, 2014 - 02:55 GMT

Fitch is not impressed: Egypt credit ratings constant despite Sisi's win

Al Bawaba
May 29th, 2014 - 12:31 GMT

What's missing from Qatar's labor reforms?

A study released on Wednesday by global real estate consultancy CBRE put the emirate ahead of 187 other global cities based on the number of international retailing brands operating in the market.
May 29th, 2014 - 12:13 GMT

Shopping matters: London and Dubai retain throne as world's retail capitals

Al Bawaba
May 29th, 2014 - 11:57 GMT

Addressing its sinking economy: Yemen accession to the WTO is about becoming a maritime economy

Falih said Aramco’s refining capacity would be between 8 million to 10 million barrels a day (bpd) in the coming years, a figure exceeding the goal cited by Aramco in 2012 of 8 million bpd.
May 29th, 2014 - 11:35 GMT

In attempt to keep up with global demand, Aramco will splash $100 billion on downstream investments

Al Bawaba
May 29th, 2014 - 11:13 GMT

Dubai Chamber identifies opportunities in Iraq’s Islamic finance sector

Al Bawaba
May 29th, 2014 - 10:43 GMT

Let's wait and see first: Sisi's landlslide win predicted to attract billions of dollars in GCC investments

Losses were estimated at $143.8 billion, a figure the report said was based on estimated damage to residential and state buildings.
May 29th, 2014 - 10:09 GMT

Syrian economy headed 'into ruins'

Al Bawaba
May 29th, 2014 - 08:53 GMT

Mashreq introduces UAE’s Best 1% Cash Back offer on Personal Loans

Al Bawaba
May 29th, 2014 - 08:42 GMT

Dimension Data launches software-defined networking development model

Al Bawaba
May 29th, 2014 - 08:34 GMT

Emirates NBD showcases technology innovation with opening of Deerfields mall branch

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