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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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The price of oil inched higher above $104 a barrel Wednesday as the conflicts in Ukraine and Libya posed renewed risks to crude supplies.
May 28th, 2014 - 06:15 GMT

Ukraine, Libya raise oil prices up to $104 barrel

Al Bawaba
May 28th, 2014 - 12:07 GMT

Etihad Airways marks five years in Greece as partnership with Aegean Airlines takes off

Al Bawaba
May 28th, 2014 - 11:44 GMT

Mahmoudia Motors unveils Jaguar F-TYPE Coupé in Jordan

Al Bawaba
May 28th, 2014 - 11:35 GMT

Dubai Chamber organises workshop on managing limited liability companies

Al Bawaba
May 28th, 2014 - 11:09 GMT

Dubai Customs and Group 63 launch safe driving campaign at City Walk

Al Bawaba
May 28th, 2014 - 11:03 GMT

Triple gold for Nawras at Oman Web Awards 2014

Al Bawaba
May 28th, 2014 - 10:38 GMT

GE underlines commitment to empower women through GE Day at Effat University

Al Bawaba
May 28th, 2014 - 10:27 GMT

HSBC unveils strategic financial planning on tablet

Al Bawaba
May 28th, 2014 - 09:17 GMT

Emarat lubes granted the Emirates Quality Certificate from Emirates Authority for Standardization and Metrology

Al Bawaba
May 28th, 2014 - 09:05 GMT

Sony launches compact digital camera with highest ever optical zoom range

Al Bawaba
May 28th, 2014 - 08:17 GMT

Jordan’s $5 billion Abdali project: serious investment potential

Al Bawaba
May 28th, 2014 - 07:56 GMT

Drake & Scull International wins AED 110 million MEP contract for Plaza View Development in Abu Dhabi

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