According to a new report from Bank of America Merrill Lynch (BofAML), governments in the Gulf Cooperation Council (GCC) have sharply increased spending in the wake of recent political unrest in the region, with the report estimating additional investment at US$150 billion.
Government spending in Oman is set to increase by nine per cent in 2012 from this year to finance construction projects and create more jobs for nationals.
Modon revealed that the total cost of the establishment, expansion and development of industrial cities in Saudi Arabia over the past four years has amounted to about US$1.86 billion.
Dubai will launch a gas strategy next year aimed at reducing rising energy demand in the emirate and will tender to appoint a specialist consultant for the plan by year-end, the emirates top energy council said.
Drake & Scull International PJSC (DSI) reported higher profits and revenues for the second quarter 2011. Net income increased by 22 per cent to hit US$14.9mn compaired with US$12.25mn last year.
EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)
Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)
The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)
Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)
The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)
Special belt covers guarantee an effective reduction in dust. (Image source: Wirtgen Group)
Daryl Wake, business development manager, DEKRA
SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)
DEWA's SAP upgrade drives innovation, sustainability, and efficiency in Dubai's utilities. (Image source: Adobe Stock)
Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)
An example of the kanban method deployed at Staytite. (Image source: Staytite)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
Markus Oberlin, CEO of Farnek. (Image source: Farnek)
DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)
EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)
Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)
Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)
The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)
UL Solutions launches HOMER Front 1.0, enhancing energy storage system design with advanced forecasting capabilities. (Image source: UL Solutions)
SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)
An example of the kanban method deployed at Staytite. (Image source: Staytite)
Markus Oberlin, CEO of Farnek. (Image source: Farnek)
Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)
The emphasis is on constantly optimising value creation processes. (Image source: Rittal)
With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.
The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)
The four-point track system is available globally on four boom lifts up to 80 ft / 24 m class. (Image source: Genie)
