Middle East Economic Survey

VOL. LIII

No 47

22-Nov-2010

Investors Set To Meet Gulf Power Surge

Developer-led projects continue to attract funding, writes Melanie Lovatt

To keep pace with surging domestic and industrial electricity demand, multi-billion dollar investment is needed across the Gulf power sector. Saudi Arabia and Kuwait faced power shortages during the summer this year, when soaring temperatures boosted air conditioner use, and other Gulf countries are precariously close to...