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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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Sharjah Islamic Bank's net profit increased by 24%
October 25th, 2022 - 09:09 GMT

Sharjah Islamic Bank's net profit increased by 24%

Dubai Customs discusses AEO benefits with Municipality
October 25th, 2022 - 08:59 GMT

Dubai Customs discusses AEO benefits with Municipality

Digital trust matters as cybersecurity and privacy expectations increase
October 25th, 2022 - 08:52 GMT

Digital trust matters as cybersecurity and privacy expectations increase

Mastercard and BitOasis sign strategic partnership across MENA to launch crypto-linked cards
October 25th, 2022 - 08:44 GMT

Mastercard and BitOasis sign strategic partnership across MENA to launch crypto-linked cards

The Gulf Cyber Security Conference & Exhibition awards Huawei 'Best Cybersecurity Assurance'
October 25th, 2022 - 08:36 GMT

The Gulf Cyber Security Conference & Exhibition awards Huawei 'Best Cybersecurity Assurance'

SICO
October 25th, 2022 - 08:35 GMT

SICO completes 100% acquisition of SICO Capital

OOMCO partners with taif altmayz for general trading to build first top-loading fuel station in duqm
October 25th, 2022 - 08:24 GMT

OOMCO partners with taif altmayz for general trading to build first top-loading fuel station in duqm

noon.com partners with Catmosphere to support animal conservation through Catwalk initiative
October 25th, 2022 - 07:59 GMT

noon.com partners with Catmosphere to support animal conservation through Catwalk initiative

Mercedes-Benz Oman Celebrates Oman’s 52nd National Day with 55% Discount on Parts
October 25th, 2022 - 07:55 GMT

Mercedes-Benz Oman Celebrates Oman’s 52nd National Day with 55% Discount on Parts

Dubai Islamic Bank nine months 2022 group financial results
October 25th, 2022 - 07:48 GMT

Dubai Islamic Bank nine months 2022 group financial results

Hyundai IONIQ 6 Relieves Range Anxiety with 614 kilometers Per Charge
October 25th, 2022 - 07:40 GMT

Hyundai IONIQ 6 Relieves Range Anxiety with 614 kilometers Per Charge

Lenovo Unveils New Smarter Tech Innovations to Define the Future of the Digital World
October 25th, 2022 - 07:35 GMT

Lenovo Unveils New Smarter Tech Innovations to Define the Future of the Digital World

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