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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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ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE
May 2nd, 2024 - 11:32 GMT

ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange
May 2nd, 2024 - 11:27 GMT

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange

MBRF highlights wide array of knowledge programs at Abu Dhabi International Book Fair
May 2nd, 2024 - 11:19 GMT

MBRF highlights wide array of knowledge programs at Abu Dhabi International Book Fair

Emirates NBD organises community awareness event focusing on safe banking practices for labourers
May 2nd, 2024 - 11:17 GMT

Emirates NBD organises community awareness event focusing on safe banking practices for labourers

Saudi banks
May 2nd, 2024 - 09:09 GMT

Saudi banks’ funding profile changes on rising mortgage demand

PureHealth
May 2nd, 2024 - 08:57 GMT

PureHealth ears triple digit net profit growth to AED491 million in Q1

AI platforms
May 2nd, 2024 - 08:35 GMT

Around 76% of companies are re-evaluating AI platforms

Saudi Arabia
May 2nd, 2024 - 08:18 GMT

Saudi Arabia and China discuss collaboration in urban development

green economy
May 2nd, 2024 - 08:10 GMT

EU pledges €7.4bn to back Egypt’s green economy plans

Middle East
May 2nd, 2024 - 07:48 GMT

Oil prices fall amid Middle East hopes for cease-fire

Bitcoin
May 2nd, 2024 - 07:45 GMT

Bitcoin drops below $57,000 after 2 months

Rixos Hotels Egypt will Participate in the Arabian Travel Market, Unveiling Egypt's Latest Tourism Projects to the Global Stage
May 2nd, 2024 - 07:05 GMT

Rixos Hotels Egypt will Participate in the Arabian Travel Market, Unveiling Egypt's Latest Tourism Projects to the Global Stage

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