The Grass is Greener over in MENA
The Middle East and North African Utilities Industry is in a state of growth, global investment has meant that the Middle East is officially on the road to recovery. Investment banks are increasing their spending within the utilities sector. Maintaining the correct balance between supply and demand has meant large scale investment such as the recent $1.8bn going to the SEC (Saudi Electric Company) and more than $5.4bn is being spent in Dubai to increase their power capacity from 6000MW to 9800MW by the end of 2011.
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