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BUSINESS

BUSINESS latest

GCC Mega Developments Could Generate Up to a Third of Electricity Demand with On-Site Solar, BCG Finds
July 30th, 2026 - 03:52 GMT

GCC Mega Developments Could Generate Up to a Third of Electricity Demand with On-Site Solar, BCG Finds

Large-scale urban developments across the Gulf could generate up to approximately one-third of their electricity demand while reducing costs by a similar margin, according to a new report from Boston Consulting Group (BCG) on renewable-powered cities. The report, titled Mega-Projects Powered by Renewables: A Practical Playbook for Saudi Arabia, highlights how integrating solar energy directly into development design can unlock significant economic, environmental, and operational benefits. The findings are based on modelling of large-scale developments in high-irradiance Gulf markets and reflect conditions increasingly common across the region. While the underlying ...
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Tesla layoffs continue for the 4th week in a row, plans to fire 10% of workforce
May 6th, 2024 - 07:01 GMT

Tesla layoffs continue for the 4th week in a row, plans to fire 10% of workforce

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices
May 6th, 2024 - 12:48 GMT

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices

shares
May 6th, 2024 - 10:36 GMT

Saudi Rasan to offer 30% shares for IPO on Tadawul

World food
May 6th, 2024 - 10:01 GMT

World food prices up in April for the second month

gold
May 6th, 2024 - 09:33 GMT

Gold experts say AI predict gold hitting $3,000 by year-end

imports
May 6th, 2024 - 08:25 GMT

Saudi Arabia’s car imports rise to 160k over last 2 years

Dr. Rawda Awwad, AUK President , with the Burgan Talent Acquisition Team
May 6th, 2024 - 08:23 GMT

Burgan Bank Renews its Participation in AUK’s Career Growth Fair

Azizi Developments partners with UAE’s Al Gurg Consultants for Venice
May 6th, 2024 - 08:20 GMT

Azizi Developments partners with UAE’s Al Gurg Consultants for Venice

Galaxy AI now supports Arabic with latest update
May 6th, 2024 - 08:19 GMT

Galaxy AI now supports Arabic with latest update

China
May 6th, 2024 - 08:11 GMT

China sees around 300m domestic tourist trips during May Day holiday

His Excellency H.E. Sultan Ahmed bin Sulayem, Chairman of Dubai International Chamber
May 6th, 2024 - 08:11 GMT

Dubai Chambers to organise Dubai Business Forum – China in Beijing in August

flydubai records sustained growth in passenger numbers since the beginning of 2024 and rolls out a comprehensive fleet retrofit project
May 6th, 2024 - 08:04 GMT

flydubai records sustained growth in passenger numbers since the beginning of 2024 and rolls out a comprehensive fleet retrofit project

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