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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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During the event
May 26th, 2019 - 08:18 GMT

Algerian Delegation Visits Dubai Customs for More Cooperation

The prices hit a 2019 high of $75 a barrel in April, which saw prices going up 6.3 per cent compared to March 2019.
May 26th, 2019 - 08:00 GMT

US-China Trade Talks to Determine Oil Prices

During the event
May 26th, 2019 - 07:57 GMT

Sodic Hosts Its Annual Media Iftar

During the event
May 26th, 2019 - 07:51 GMT

Journalist Al-Imam Presents Her New Book “Struggles of Palestinian Women” to Abu-Ghazaleh

During the event
May 26th, 2019 - 07:45 GMT

Etihad Aviation Group Marks Zayed Humanitarian Day 2019

Lebanon can no longer import pharmaceuticals from Iran after the US sanctions on Iran.
May 26th, 2019 - 07:30 GMT

Lebanon to Resort to Europe for Pharmaceuticals After US Sanctions on Iran

Mohammad Bitar, Deputy General Manager, Al Ansari Exchange
May 26th, 2019 - 07:27 GMT

Al Ansari Exchange Launches Summer Promotion 2019 With Dh1 Million Grand Prize

data2cloud offers vital access to cutting-edge cloud computing services at all times with 24/7 support.
May 26th, 2019 - 07:10 GMT

Smart data2cloud Services Empower Oman Post

Hazza Al Mansouri was announced as the first Emirati who will be jetting off into space.
May 26th, 2019 - 07:00 GMT

First Emirati Astronaut Undergoes Final Training in Russia

During the event
May 26th, 2019 - 06:59 GMT

Qatar Academy Sidra Honors Class of 2019

Federal Tax Authority
May 26th, 2019 - 06:37 GMT

Federal Tax Authority Implements Penalties on Violators of the ‘Marking Tobacco and Tobacco Products Scheme’

Positive financial results announced by banks and telecoms come at a time when the Kingdom announced taking its first step into the world’s main equity benchmarks.
May 26th, 2019 - 05:33 GMT

Saudi Stock Market Index Trading at Highest in Nearly Four Years

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