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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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Tuesday, October 7, 2008

Gulf Arab Countries Electricity & Power Demand

Gulf May Need Over $35B For Power Projects
Zawya - United Arab Emirates
Gulf Arab countries face an acute challenge in meeting the rising demand for electricity as they power ahead with an unprecedented construction spree.
The power sector in the Gulf Cooperation Council (GCC) could require more than $35 billion in financing in the next 10 years, ratings agency Moody's said in a report. ...

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