Quotes: 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


 


Qatar News Agency




  MENA News Headlines
 Jul 28 2015 - Beirut Journal: Lebanese Seethe as Stinking Garbage Piles Grow in Beirut and BeyondThe Arabian Post
(MENAFN - The Arabian Post) On a normal weekend night, the revelers at Floyd the Dog, a bar in one of this city's rowdiest party neighborhoods, spill onto the sidewalk, drinks in hand, to smoke ...

 Jul 28 2015 - Turkey and U.S. Plan to Create Syria 'Safe Zone' Free of ISISThe Arabian Post
(MENAFN - The Arabian Post) Turkey and the United States have agreed in general terms on a plan that envisions American warplanes, Syrian insurgents and Turkish forces working together to sweep ...

 Jul 28 2015 - UAE- DFM business slumps to halfThe Arabian Post
(MENAFN - The Arabian Post) Dubai Financial Market (DFM), the Gulf's only listed stock exchange, reported a 48 percent fall in second-quarter net profit on Monday as bourse turnover slumped.The firm, ...

 Jul 28 2015 - Mena lagging in adopting cyber security policiesThe Arabian Post
(MENAFN - The Arabian Post) Despite the current global focus on cyber security issues including hacking, data losses, breaches and other information leaks, organizations in the Mena region still do ...

 Jul 28 2015 - UAE- Population rise comes with progress: paperEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) In an editorial this morning, the Abu Dhabi-based English-language daily newspaper, The National, said that the newly published data from Statistics Centre € Abu ...

 Jul 28 2015 - UAE- DLD reports AED 129billion real estate transactions for the H1 2015Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The total amount of real estate transactions recorded by the Dubai Land Department, DLD, during the first half of 2015 reached AED 129 billion, through 23 ...

 Jul 28 2015 - DFWAC's helpline 800111 receives 552 calls related to abused victims in 6 monthsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The Dubai Foundation for Women and Children, DFWAC, has received 552 calls through its helpline "800111" related to abused victims of women and children, out of ...

 Jul 28 2015 - OPEC daily basket price for Monday, 27 July 2015Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The price of OPEC basket of twelve crudes stood at US$ 51.29 a barrel on Monday, compared with US$52.08 the previous Friday, according to OPEC Secretariat ...

 Jul 28 2015 - GDRFA-Dubai processed 860,734 transactions during Eid al-Fitr holidaysEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) A total of 860,734 transactions have been processed by the General Directorate of Residency and Foreigners Affairs in Dubai, (GDRFA-Dubai), during the five-day, ...

 Jul 28 2015 - Oman Air, Riyada agree on dealMENAFN
(MENAFN) Oman Air has inked a deal with Riyada to provide a greater ease of access to the airline's supply, Oman Observer reported.The agreement was signed with the Public Authority for Small and ...

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