Middle East Economic Survey

VOL. LIII

No 49

6-Dec-2010

GCC/REGIONAL

GCC Power Grid Project Nears Completion

As the construction of the Gulf Cooperation Council (GCC) power grid nears completion, Egypt and Saudi Arabia plan to connect their electricity networks. In the short term the grid will reduce the power outages that plague the region. Long term gains would be power exchange across different seasons and time zones. But before the grid can be linked to Egypt, growing domestic demand and...