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FinancialNews


  • 12-06-13

    GCC to invest USD250b in electricity sector by 2018

    (MENAFN) Gulf Cooperation Council (GCC) is heading to invest USD250b in Power sector by 2018, reported Times of Oman. A study shows that the heavily investment will be important to the GCC future and will shape the industry. The study added that demand for power and electricity will rise 8 to 10 percent over the next 10 years. It is worth noting that Dubai and Abu Dhabi have some of the world's highest levels of electricity use per capita.

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