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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
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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