Ducab announced record sales of US$1.3 billion for 2011, representing a 39 per cent increase over the previous year, as the company ventured into new sectors and regions.
The Arab Fund for Economic and Social Development has chosen CESI Middle East to undertake a feasibility study to determine the best electric energy and natural gas trade scenario to create a single energy market for 20 Arab Countries.
Ducab HV has signed a collaboration agreement with J-Power Systems Corporation (JPS) covering all areas of high voltage cable technology.
Saudi Electricity Company (SEC) has signed 11 contracts worth US$530mn to set up power transport lines, gas-powered generating units and transformers in different parts of the Kingdom.
According a recent report by Frost & Sullivan, the GCC is expected to invest nearly US$73 billion in power generation and T&D projects and add 36 GW of generation capacity in the next five years.
Alain Charles Middle East FZ-LLC
Office 112, Loft No 2B,
Dubai Media City,
T: +971 (0) 4 448 9260