THE INCANDESCENT LIGHT bulb is disappearing from stores. It has long been superseded by a new generation of light sources. In tomorrow?s multimedia society colour displays the size of an apartment will generate crystal-clear images, and entire sports stadiums will be lit by high-performance lamps.
ARAMCO?S ?FAIR? PRICE of US$75 a barrel has not yet been achieved but the giant Saudi economy is still surging ahead, prioritising the creation of new homes and diversified jobs in industry, social and other services to satisfy the needs of a 26mn young and wealthy population which grows at two per cent-plus every year. This means continued rapid progress on the development of the new Economic Cities, further and accelerated petrochemical and light industrial diversification, and the Middle East?s largest by far programme of dedicated passenger- and freightline rail construction.
Mitsubishi Electric Corporation has received an order worth US$55mn from Dubai Electricity & Water Authority (DEWA) for two large Static VAR Compensator (SVC) systems