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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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Tuesday, March 31, 2009

GCC Power Demands $50 Billion 36% is UAE Share

$50b to be spent on power sector
GulfNews - Dubai, United Arab Emirates
Abu Dhabi: More than $50 billion (Dh183 billion) is expected to be invested in the power sector in the Gulf countries over the next seven years, according to research by the Middle East Economic Digest (MEED).
The UAE will need the highest investment of $18 billion (Dh66 billion) among the GCC countries, it is forecast. ...
At Wetex 2009 Dewa signs 4 contracts for thirteen 132/11 kv substations for the total amount of dhs. 1534 million
Al-Bawaba - Amman, Jordan
H.E Saeed Al Tayer signed various contracts on Monday, 30th March'09; the contracts were signed for 13 substations in total for the construction of important projects for the total amount of Dhs. 1.534 billion. ...

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