BANGALORE, INDIA--October 28, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--According to expert opinions, the Middle East is witnessing a growth of 7% per year in demand for power, one of the highest in the world. The six member nations of the Gulf Cooperation Council (GCC)--Bahrain, Kuwait, Oman, Qutar, Saudi Arabia and the United Arab Emirates--are making significant investments in alternative energy sources in an effort to meet the region's increasing power demands.

BANGALORE, INDIA--June 29, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The Gulf Cooperation Council's (GCC) power grid was set to go live on June 28 on an experimental basis, with work on the $1.1 billion first phase, involving the North Grid, being completed on schedule. The project, which aims to link the six GCC states through a single power network, comprises two major grids, the North and South grids. The North grid runs through the states of Kuwait, Saudi Arabia, Bahrain and Qatar, while the South grid includes United Arab Emirates and Oman.

Commodity exchange traded funds (ETFs) may not be in such bad shape - despite July being the worst month in 28 years, in which they lost 10%. As this slide continues, an article from The Economist explains that there are reasons to not expect a collapse in raw material prices. There are various explanations for the [...]

JOHANNESBURG--August 29, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The United Arab Emirates' state-controlled Emirates Industrial Bank (EIB) has said that the United Arab Emirates and partner members of the Gulf Cooperation Council (GCC) need to pursue a policy of expansion in the steel and building materials industries in order to reduce soaring prices in those sectors. The bank believes that expanding will enable the Middle Eastern countries to reduce imports and meet the fast developing demand. The bank is also concerned with a growing inflation curve that is being fed by speculation, high demand and the cost of construction.