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FINANCIAL NEWS
GCC to invest USD250b in electricity sector by 2018
12 Jun 2013
(MENAFN) Gulf Cooperation Council (GCC) is heading to invest USD250b in Power sector by 2018, reported Times of Oman.
A study shows that the heavily investment will be important to the GCC future and will shape the industry.
The study added that demand for power and electricity will rise 8 to 10 percent over the next 10 years.
It is worth noting that Dubai and Abu Dhabi have some of the world’s highest levels of electricity use per capita.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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