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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Monday, September 29, 2008

United Arab Emirates to Quadruple Electricity Supply by 2017

Dubai commits $19.6bn to utility projects
Arabian Business - UAE
Dubai has committed $19.6 billion to finance utility projects either implemented this year or under construction. Dubai has grown rapidly as a popular location for international companies increasing operations in the Gulf to participate in the region's economic boom. ...The emirate plans to quadruple electricity capacity to around 22,000 megawatts by 2017 from just under 5,500 MW last year to feed ambitious plans to grow the economy by 11 percent per year until 2015. ...

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