Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Kingdom embarks on major electrical supply expansion  Join our daily free Newsletter

MENAFN - Arab News - 12/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Saudi Arabia is currently overseeing the largest electrical supply expansion plan in the Middle East to meet the rising demand for power driven primarily by steady population growth, a rapidly expanding industrial sector, surging air conditioning requirements, and heavily subsidized electricity rates. In order to stay ahead of the demand curve, the Kingdom is set to increase generating capacity from 55 GW to 120 GW by 2020, with further increases planned by 2032.
In support of the Kingdom's plans, Riyadh Exhibitions Company (REC) announced that it has partnered with Informa Exhibitions to organize Saudi Energy 2014 - the international trade exhibition for electricity, power generation, alternative energy, water technology, lighting and HVAC. Saudi Energy 2014 will be held from May 26 to 28, 2014 at the Riyadh International Convention and Exhibition Center.
Saudi Energy is a specialised trade exhibition targeting energy professionals, government officials, investors, and buyers locally and regionally. It is a vital marketplace for energy products, solutions and services and is designed to help national businesses achieve greater progress through broader exposure to the latest offerings and technologies in the related fields.
The comprehensive event will cover all aspects of the industry, namely, electricity generation and distribution; alternative and renewable energy echnologies; modern lighting products and technologies; water and water resources management technologies; and heating, ventilation, and air conditioning (HVAC).

Zeyad Al-Rukban, DGM, Riyadh Exhibitions Company, said: "With investment in the energy sector at an all-time high, specialized companies are currently vying to establish their market leadership, while newer players are looking for the right platform to introduce their products and services to the Saudi market. Given the tremendous potential, the significance of an organized, streamlined platform for meaningful business engagement is paramount."
He added: "Saudi Energy is a leading business gateway that will showcase industry-specific products, services and technologies to a professional audience from Saudi Arabia and the wider Middle East region. It allows access to promising industry prospects, presents partnership opportunities with local companies and facilitates networking with government officials, buyers and developers. Most importantly, it will help businesses to improve their brand visibility," added Al-Rukban.
In 2013, Saudi Energy gathered 314 exhibitors and 7,564 visitors. Successful past editions have gathered professionals from government agencies, power production companies, factory operators, construction and development companies, service providers, large industrial establishments, and distributors and retailers.

 


Arab News




  MENA News Headlines
 May 5 2016 - 'New power tariffs to hit food prices in co-ops'Arab Times
(MENAFN - Arab Times) An expert in the cooperative society sector warned about a possible dramatic change in the prices of food items in case the cooperative society sector is transformed into an ...

 May 5 2016 - 'Build overhead bridges on busy streets, avert accidents' †'Adopt road safety measures'Arab Times
(MENAFN - Arab Times) In this week's Arab Times online poll, readers weighed in on what is needed to better pedestrian crossings and improve safety. The majority of respondents felt that overhead ...

 May 5 2016 - Leave laggards risk 'residency'Arab Times
(MENAFN - Arab Times) The Public Authority for Manpower (PAM) is looking into the possibility of allowing employers to file a complaint against an expatriate worker if he extends his annual leave ...

 May 5 2016 - Yemenis resume face-to-face talksArab Times
(MENAFN - Arab Times) Yemen's warring parties resumed face-to-face peace talks on Wednesday after a three-day break triggered by a walkout by the government delegation, the United Nations said. It is ...

 May 5 2016 - MPs query Interior on sex trade †Push on recruitment firm for domesticsArab Times
(MENAFN - Arab Times) MP Saud Aharija has forwarded questions to Interior Minister Sheikh Mohammad Al-Khalid on the alleged network that 'sells' Malawian women in Kuwait for sex activities. He cited ...

 May 5 2016 - Riyadh plans new labor scheme †Saudi women to see marriage contractsArab Times
(MENAFN - Arab Times) Saudi Arabia's government plans a new set of labor quotas and incentives to reduce unemployment as it tries to wean its economy off oil exports, Labor Minister Mufrej al-Haqbani ...

 May 5 2016 - Pilgrims brave threats to flock to Iraq shrine †Political limbo after Green Zone stormingArab Times
(MENAFN - Arab Times) A sea of pilgrims converged on a Baghdad shrine on Tuesday for an annual Shiite religious commemoration, defying fears of further bomb attacks by the Islamic State group.The ...

 May 5 2016 - Saudi Arabia carries out 90th execution of '16Arab Times
(MENAFN - Arab Times) Saudi Arabia executed a citizen convicted of murder on Wednesday taking to 90 the number of people the ultra-conservative Muslim kingdom has put to death this year.Mufreh ...

 May 5 2016 - Kuwait bourse little changed volume up †Zain slips 5 fils KIPCO unchangedArab Times
(MENAFN - Arab Times) Kuwait stock was little changed on Tuesday after see sawing earlier in the week. The price index edged 2.87 points higher in a lackluster trade to 5,375.36 pts with a mixed ...

 May 5 2016 - FSI organizes discussion session on liquidity & risk †Event hosted by CBKArab Times
(MENAFN - Arab Times) The Financial Stability Institute (FSI), which is affiliated to the Bank for International Settlements in Basel, Switzerland, organized an open discussion session; in ...

 May 5 2016 - Malabar Gold & Diamonds opens 150th outlet †Kareena Kapoor Khan inaugurates showroom in Belagavi, IndiaArab Times
(MENAFN - Arab Times) Bollywood Actress Kareena Kapoor Khan launched 150th outlet of Malabar Gold & Diamonds on April 30th in the presence of M.P. Ahammed, Chairman -Malabar Group; Asher. O, ...

 May 5 2016 - ABK awarded 'Bank of the Year' by Arabian Business †Bank recognized for successful 'Simpler Banking' strategyArab Times
(MENAFN - Arab Times) Al Ahli Bank of Kuwait (ABK) won the 'Bank of the Year' award from Arabian Business, one of the foremost business magazines in the region. This prestigious award was received by ...

 May 5 2016 - AUB first qtr net profit rises 5% to $154.6mn †Total operating income grows by 6.3% to $280.5 mnArab Times
(MENAFN - Arab Times) Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter ended March 31, 2016. The net profit reflected ...

 May 5 2016 - Saudi firms faring better in era of austerity †More pain lies aheadArab Times
(MENAFN - Arab Times) Saudi Arabian companies are faring better in an era of austerity than many investors feared, but they face more pain in the coming months as gains from cost-cutting and efforts ...

 May 5 2016 - KSE continues to tread water volume recedes †Americana dips 40 fils KIPCO flatArab Times
(MENAFN - Arab Times) Kuwait stocks continued to tread water for the second straight session on Wednesday. The bourse eased 2.19 points to 5,373.17 points even as investors kept a wary eye on the ...

 May 5 2016 - Qatar visitors to Dubai grow by 26 percentMENAFN
(MENAFN) Dubai hosted 4.1mn visitors in the first quarter of this year, a 5.1 percent increase over last year, due to strong double digit growth from the GCC and India.Furthermore, the GCC continued ...

 May 5 2016 - Abu Dhabi's Dana Gas net profit falls by 50 percentMENAFN
(MENAFN) Abu Dhabi-listed energy Co. 'Dana Gas' posted a 50 percent fall in Q1 this year, which is blamed on lower hydrocarbon prices and reduced output in Egypt and Kurdistan.Moreover, the firm made ...

 May 5 2016 - Jordan to receive investments from Gulf countriesMENAFN
(MENAFN) Investors from Gulf nations offered to inject "unprecedented" investments in Jordan, particularly from Saudi Arabia.Moreover, Gulf States will bring in interesting and unprecedented ...

 May 5 2016 - Egypt- Misr Italia signs construction deals of USD 28mnMENAFN
(MENAFN) Egypt-bases Misr Italia Holding has signed construction deals of USD 28mn in order to complete projects this year.Additionally, the company plans to carry out 1500 units in its different ...

 May 5 2016 - Kuwait signs USD 51mn Loan Agreement with BangladeshMENAFN
(MENAFN) The Kuwait Fund for Arab Economic Development (KFAED) signed a loan deal value USD 51mn with the government of Bangladesh.Furthermore, the deal was signed as part of financing a major ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help