Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Time Ripe For Exploiting Renewable Energy in Gulf states  Join our daily free Newsletter

MENAFN - Qatar News Agency - 06/01/2014

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Qatar News Agency) A specialized economic report has asserted that the time has come to exploit renewable energy sources efficiently in the Gulf states especially as the establishment of strategic projects depends on the energy availability.

The report, prepared by the Diplomatic Center for Strategic Studies, and carried by KUNA, said that the Gulf States possess many of the sustainable wealth that open up sustainable development horizons for the diversification of income sources and build a competitive economy that attracts more investment in an environment that provides security, stability and good cost-effective revenues for all parties

The report explained that these countries were now facing a significant developmental stage after making significant strides in building the necessary infrastructure as the next phase has become involved in improving aspects of living for citizens and providing job opportunities, training and rehabilitation to increase the productive forces of the national labor market

It pointed out that the growth in local economies is associated with rising energy demand from big economic projects, electricity sector and water desalination and this would raise the consumption bill of the natural gas and fossil fuels on an annual basis in case of continuation of the increasing reliance on these traditional energy-saving sources

It said that the facts require reconsidering development of innovative technologies and solutions in the energy sector in light of the rising consumption of energy, saying that many strategic projects depend on the energy availability

It added that the renewable energy sector is one of the most promising sectors in the Gulf States in light of availability of basic components for its production as these countries are one of the hot areas throughout the year, giving them successful opportunities in the possibility of exploiting that energy properly and that would contribute to meet the needs of the development plans of sustainable sources of clean energy


 






  MENA News Headlines


 






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
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help