Tag Archives: mena region

FOREX industry celebrates the JFEX 2013 awards winners

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MENA gains from US climate fund

The 1st dedicated exhibition for the PV and solar industries of the MENA region 3–5 September 2013 read more

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ReneSola achieves MENA accreditation

The 1st dedicated exhibition for the PV and solar industries of the MENA region 3–5 September 2013 read more

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Abu Dhabi opens Shams 1 solar plant

The 1st dedicated exhibition for the PV and solar industries of the MENA region 3–5 September 2013 The United Arab Emirates (UAE) has officially opened its first big solar energy plant, the three companies behind the project said in a statement. The 100-megawatt (MW) Shams 1 concentrated solar plant (CSP) took the UAE’s Masdar, France’s Total and Spain’s Abengoa three years to build at a cost of around $600 million. Shams 1 is one of the largest CSP projects in the world and by far the largest solar plant in a fossil fuel reliant region that lags far behind much of Europe, the Americas and Asia in renewable energy. “The region is faced with meeting its rising demand for energy, while also working to reduce its carbon footprint,” Masdar Chief Executive Sultan Ahmed Al Jaber said in a statement to mark the opening of the plant. The UAE’s richest emirate is targeting 7 percent of electricity from alternative sources by 2020. By comparison, that goal was exceeded by 21 of the 27 EU member states four years ago. Shams 1 capacity, which is 10 times larger than the next largest plant in the country, is enough to supply 20,000 UAE homes and will be especially useful for meeting peak demand on hot summer days. “It is apparent that whilst the solar industry in other areas is struggling, right across MENA, the opportunities for companies to get themselves involved with the wealth of opportunities that are presenting themselves. Right now, nothing is hotter for solar than the Middle East” says Derek Burston, exhibition manager, GulfSol 2013. “It is this reason that since the beginning of the year there has been a real surge in space reservations at this year’s inaugural GulfSol exhibition, which will be in Dubai in September. As the only truly dedicated solar and PV show, the exhibition provides the perfect opportunity for companies to present themselves to a high quality visitor base over a three day period” he adds. For more information on confirming your exhibition presence at GulfSol 2013, contact Derek Burston on dburston@bowheadmedia.com or Ben Richardson on

brichardson@bowheadmedia.com read more

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FXSTAT one of the largest analytics provider in the world announces its participation as the Strategic Partner of The 8th Jordan Forex Expo & Awards

FxStat was established in April 2010 and has become one of the largest Forex analytics providers in the world. It now serves as an Autotrading (copy trade) service provider as well as a Forex social network platform to aid traders in their trading. FxStat Autotrading platform is the image of its innovative approach to technology. The level of custom engineering, data management and infrastructure solutions at FxStat is state-of-the-art. For Brokers, FxStat’s continuous product, service and functionality upgrades on the platforms delivered via the Internet translate into one’s own commercial profile. Our goal is to help members succeed in this challenging market by encouraging transparency and information-sharing, regardless of the broker they trade with.( Read more) read more

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Arab Financial Brokers ” AFB ” announces its participation as the Gold Sponsor of The 8th Jordan Forex Expo & Awards

Arab Financial Brokers (AFB), a closed shareholding corporation registered under the Kuwait commercial law. AFB was created to address the increasing number of currency and futures trading demands in the Middle East and in the Arabian Gulf in particular, and to cater for clients’ heavy investment in the futures and spot Foreign Exchange (forex) markets. AFB was also formed to bring integrity in products and improved customer service to forex clients, in an emerging market for individual speculation. read more

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Turkey•MENA Renewable Energy Congress 2013 See a huge potential of renewable energy in Turkey and MENA

The world had seen a rapidly increasing demand of energy recently due to the growing population and climate change. It applies to the countries in MENA. Apart from these two factors, urbanization enlarges Turkish demand of power, MENA countries have to gain more power to desalinate more water for the increased population. Some countries in this region like Morocco, Saudi Arabia will also have to make a diversified energy mix. Renewable energy became the overwhelming choice for this region. Thanks to the peculiar geography, Turkey and MENA countries are of huge potential of solar energy; whilst Turkey, Morocco and other Mediterranean are rich in wind energy. read more

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The Group Sonelgaz confirms its participation at electro, automation & energy 2013

Tunisia is the Guest of Honor in 2013

Valuable conference program read more

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Solar Energy Storage Market to Touch Nearly $2 billion in 2018, Demand for Solar in Latin America Soars

FARMINGTON, Conn., Jan., 2013 /PRNewswire-iReach/ — Four new significant market research reports are available from Global Information (GII) for executives and their organizations seeking strong historic and forecast data to facilitate their decision-making concerning the global market for solar photovoltaics, solar storage and energy harvesting. The reports provide answers to key questions such as what are the growth prospects for solar PV over the next several years, what factors affect solar PV pricing, what are the major trends and macroeconomic factors influencing the solar PV market, what storage technologies for solar generated power are currently available, and more. read more

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