Saudi Arabia is looking to develop its polycrystalline silicon resources to supply the growing global demand. It sees South Korean companies as ideal partners given Korea's leadership in polycrystalline silicon production and the complementary benefits for both countries. Saudi Arabia can leverage its high quality, low cost silicon reserves to produce polycrystalline silicon for Korean renewable energy and semiconductor companies. This will support Korea's green technology sectors while ensuring a stable supply. The partnership also opens opportunities across photovoltaic, energy storage and IT industries through joint ventures utilizing each country's strengths.
The document summarizes Dubai's debt crisis and its impacts. It discusses how Dubai accumulated large debts through real estate speculation and risky lending. When Dubai World requested delays in debt repayments of $59 billion, it shocked global markets. Abu Dhabi then provided $10 billion in aid to help Dubai repay its debts. The crisis raised concerns for global banks lending to Dubai and regional economic impacts, but Dubai is expected to eventually recover as its projects are completed.
- Dubai is one of the seven emirates of the United Arab Emirates and has emerged as a global business hub under the leadership of Sheikh Mohammed Bin Rashid Al Maktoum.
- Dubai has diversified its economy from oil and trade to real estate, tourism, and financial services, fueling a real estate boom in the 2000s. However, the 2009 global financial crisis caused Dubai's real estate prices to collapse, leaving Dubai World - an investment company managing Dubai government projects - with $59 billion in debt.
- This led to Dubai World seeking a debt repayment delay and restructuring. Abu Dhabi, the richest emirate in the UAE
Dubai's economy was hit hard by the global financial crisis as its total government debt reached $80 billion. Dubai World, the government investment company, requested to delay debt payments of $59 billion, causing stock markets to plunge. Dubai had pursued a model of taking on large debts to fund major real estate and infrastructure projects, but this led to a mismatch between high demand and supply that has now left Dubai struggling with its debt repayments. The crisis has impacted Dubai through falling real estate prices, layoffs in the construction industry, decreased demand for gold imports, and a slight depreciation of the UAE dirham currency.
The Dubai property market experienced a crash following a period of rapid growth and overdevelopment fueled by speculative buying. Dubai took on large amounts of debt to finance ambitious real estate projects as property prices nearly quadrupled between 2002 and 2008. However, the global financial crisis hit Dubai hard in 2008 as foreign investment disappeared and property prices fell by around 60%. Nearly half of all construction projects worth over $500 billion were put on hold or cancelled. While the economy has since stabilized and property prices are recovering slowly, Dubai's overreliance on debt and speculative buying during the boom years left it vulnerable when the bubble burst.
Campus Crest Communities Announces Two Development Projects
- Kicks off Construction for 2012/2013 Academic Year Deliveries -
- Closes $31.5 Million of Construction Financing -
CHARLOTTE, N.C., Jul 26, 2011 (BUSINESS WIRE) -- Campus Crest Communities, Inc. (NYSE:CCG), a leading developer, builder, owner and manager of high-quality, purpose-built student housing under The Grove(R) brand, today announced two development properties for delivery in the 2012/2013 academic year. The Company is developing wholly-owned properties at Auburn University in Auburn, Alabama and The University of Maine in Orono, Maine, with total estimated project costs of $51.6 million.
Dubai has transformed from a small fishing and pearl trading village in the 19th century to a major global financial hub through diversifying its economy away from oil into industries like trade, tourism, and real estate. It has pursued an ambitious growth strategy and economic freedom but faced challenges from oversupply and debt during the financial crisis that required a bailout. It aims to further develop as a trade, finance, and tourism center connecting Asia, Africa and Europe.
LBS Bina Group Berhad is a prominent Malaysian property developer with a history dating back to the 1970s. The document provides an overview of LBS Bina's recent developments, including showcase properties at an upcoming property fair, as well as financial ratio analyses for 2012-2013. Profitability and stability ratios show generally improving performance over this period, with higher net profit margins, lower debt-to-total ratios, and stronger liquidity in 2013 compared to 2012. However, general expenses and inventory turnover were lower in 2012. The company's share price also increased substantially relative to market indexes between May 2015-February 2016.
The document summarizes Dubai's debt crisis and its impacts. It discusses how Dubai accumulated large debts through real estate speculation and risky lending. When Dubai World requested delays in debt repayments of $59 billion, it shocked global markets. Abu Dhabi then provided $10 billion in aid to help Dubai repay its debts. The crisis raised concerns for global banks lending to Dubai and regional economic impacts, but Dubai is expected to eventually recover as its projects are completed.
- Dubai is one of the seven emirates of the United Arab Emirates and has emerged as a global business hub under the leadership of Sheikh Mohammed Bin Rashid Al Maktoum.
- Dubai has diversified its economy from oil and trade to real estate, tourism, and financial services, fueling a real estate boom in the 2000s. However, the 2009 global financial crisis caused Dubai's real estate prices to collapse, leaving Dubai World - an investment company managing Dubai government projects - with $59 billion in debt.
- This led to Dubai World seeking a debt repayment delay and restructuring. Abu Dhabi, the richest emirate in the UAE
Dubai's economy was hit hard by the global financial crisis as its total government debt reached $80 billion. Dubai World, the government investment company, requested to delay debt payments of $59 billion, causing stock markets to plunge. Dubai had pursued a model of taking on large debts to fund major real estate and infrastructure projects, but this led to a mismatch between high demand and supply that has now left Dubai struggling with its debt repayments. The crisis has impacted Dubai through falling real estate prices, layoffs in the construction industry, decreased demand for gold imports, and a slight depreciation of the UAE dirham currency.
The Dubai property market experienced a crash following a period of rapid growth and overdevelopment fueled by speculative buying. Dubai took on large amounts of debt to finance ambitious real estate projects as property prices nearly quadrupled between 2002 and 2008. However, the global financial crisis hit Dubai hard in 2008 as foreign investment disappeared and property prices fell by around 60%. Nearly half of all construction projects worth over $500 billion were put on hold or cancelled. While the economy has since stabilized and property prices are recovering slowly, Dubai's overreliance on debt and speculative buying during the boom years left it vulnerable when the bubble burst.
Campus Crest Communities Announces Two Development Projects
- Kicks off Construction for 2012/2013 Academic Year Deliveries -
- Closes $31.5 Million of Construction Financing -
CHARLOTTE, N.C., Jul 26, 2011 (BUSINESS WIRE) -- Campus Crest Communities, Inc. (NYSE:CCG), a leading developer, builder, owner and manager of high-quality, purpose-built student housing under The Grove(R) brand, today announced two development properties for delivery in the 2012/2013 academic year. The Company is developing wholly-owned properties at Auburn University in Auburn, Alabama and The University of Maine in Orono, Maine, with total estimated project costs of $51.6 million.
Dubai has transformed from a small fishing and pearl trading village in the 19th century to a major global financial hub through diversifying its economy away from oil into industries like trade, tourism, and real estate. It has pursued an ambitious growth strategy and economic freedom but faced challenges from oversupply and debt during the financial crisis that required a bailout. It aims to further develop as a trade, finance, and tourism center connecting Asia, Africa and Europe.
LBS Bina Group Berhad is a prominent Malaysian property developer with a history dating back to the 1970s. The document provides an overview of LBS Bina's recent developments, including showcase properties at an upcoming property fair, as well as financial ratio analyses for 2012-2013. Profitability and stability ratios show generally improving performance over this period, with higher net profit margins, lower debt-to-total ratios, and stronger liquidity in 2013 compared to 2012. However, general expenses and inventory turnover were lower in 2012. The company's share price also increased substantially relative to market indexes between May 2015-February 2016.
The document discusses car sales in Indonesia from 2006 to 2010 and highlights Indonesia's natural resources, human resources, and economic atmosphere as opportunities for Korean investment and technical skills. It specifically mentions the Melati Project as aiming to capitalize on these opportunities.
The document discusses why people trade through an economics class activity. The class aims to have students participate in a trading activity to understand incentives for trade, how both parties can benefit from voluntary trades, and why there are no direct losers when trades are voluntary. Students will learn that people value items differently and will trade an item they value less for something they value more, as people respond to incentives. When this occurs, voluntary trades can make all parties better off.
Sprout provides organic produce from Australia. It was founded in 2002 in Sydney and exports to countries like Japan, England, France and New Zealand. Sprout's vision is to increase its product lines from 50 to 100 organic products each year while sourcing from more local Australian suppliers to be more sustainable. Sprout aims to help more people live healthier lives through organic farming.
The document discusses Argentina's economy and key industries such as agriculture, livestock, and construction. It then focuses on Valioso Inc., an Argentinian company involved in lithium and gold mining projects. Valioso has over 25 years of experience managing mining risks and uses innovative technology for its projects in the Salar del Hombre Muerto lithium deposit and Pascua Lama gold deposit.
This document is from the website of MistryTech, an Indian technology company located in Mumbai. It provides information about MistryTech's goals of becoming a world leader in smart technology, improving lives with creative ideas, and helping solve global problems. It describes some of MistryTech's products like a smart note-taking app and an architectural design tool. It also outlines an ambitious 2011 project to develop a device that can send/receive messages, access maps/weather, and make calls/view photos without needing separate devices. The document argues that customers already know Indian IT products and that MistryTech's potential was highlighted by a TED talk, so investors should cooperate with MistryTech to profit from its innovative technologies.
The document provides an overview of the Information Technology Act of 2000 passed by the Indian Parliament. The key points are:
1. The Act aims to provide legal recognition to electronic transactions and commerce by facilitating electronic filing and use of digital signatures.
2. It defines cybercrimes like hacking and publishing obscene material and prescribes penalties like imprisonment and fines.
3. The Act recognizes digital signatures authenticated by Certifying Authorities as legally valid. It also defines terms like digital signatures, private/public keys, and encryption.
4. It provides for adjudication of cybercrimes and compensation up to Rs. 10 million for offenses like unauthorized access or tampering with computer systems.
Agriculture in South america vs Africa - Comparison on key parametersinduslatin
A few slides comparing potential for agriculture in Latin America (esp Mercosur countries - Brazil, Argentina, Uruguay, Paraguay) vs. Africa (esp East Africa from Ethiopia/Sudan down to Mozambique) - Latin America is an immediate opportunity with less sociopolitical risk, more water availability per capita better infrastructure in silos, freight and storage while Africa is an opportunity that will take 10 to 20 years to play out.
The document discusses Russia's position as an energy superpower with large reserves of oil, gas, and uranium. It outlines Russia's cooperation with South Korea on nuclear energy and uranium mining projects since 2005. The document promotes the benefits for South Korea of investing in a joint uranium mining project with Russia, including a large guaranteed supply of uranium each year, easy transportation, and experience cooperating already.
The document discusses land usage and economic sectors in Brazil based on 2006 data. It notes that agriculture accounts for $546 billion, urban and industrial accounts for $1580 billion, mountain and forest accounts for $50 billion, and arable land accounts for $200 billion. The document also mentions Gaea Inc., a company with a vision to help all people and export its land management plan internationally, though governments have limitations.
Brazil has a large and fast-growing economy, ranking 8th in GDP and 9th in purchasing power. It has abundant resources of the mineral niobium, which is used in steel production, super alloys, superconducting magnets, and numismatics. Niobium also facilitates development in IT and micro-products. Korea's shipbuilding industry could benefit from niobium, but it needs extra processing. The document proposes a partnership between Brazil and Korea where Brazil supplies its niobium resources and Korea applies its technology to refine the niobium, and Brazil supplies biofuels, providing an eco-friendly exportation solution that benefits both countries.
Resorts World Sentosa is a integrated resort located on Sentosa Island in Singapore that opened in 2010. It consists of hotels, casinos, entertainment attractions such as Universal Studios, and facilities for meetings, incentives, conferences and exhibitions. The $6.6 billion resort has been very successful, attracting over 1 million visitors in its first month and generating $860 million in revenue in its second quarter from its casinos which see 70-90% occupancy. The resort aims to attract visitors from South Korea by appealing to those looking for adventure and activities and who don't have access to similar integrated entertainment and business centers near where they live.
Latin America - agriculture outsourcing provider for Indiainduslatin
- India's population is projected to grow significantly by 2050, which will increase food demand and likely make India a net food importer.
- Latin America, particularly Brazil, Argentina, Uruguay and Paraguay, represents an opportunity for India to outsource some of its agricultural production due to factors like available land, water resources, infrastructure and political stability.
- Key advantages of Latin America include lower production costs, higher yields, established value chains, proximity to ports and a trade bloc with few trade barriers. This makes it an immediate opportunity for Indian agricultural outsourcing compared to other regions like Africa.
The document discusses the 2010 collaboration between Tata and Hyundai to build affordable, safe, and technologically advanced vehicles for the Indian and South Korean markets. Key points include the Tata Hyundai Pico project to produce a $2,800 car for India combining Tata's low costs with Hyundai's technology, and plans for an electric Nano vehicle and a luxury Tata Hyundai Equus model. The collaboration aims to leverage each company's strengths to gain market share in India and Korea.
The document discusses the growth of Islamic finance, particularly in the Gulf region. It notes that Islamic banks first formed in the 1970s in Muslim-majority countries and have since expanded to offer more complex financing schemes like bonds, leases, and retail banking. The growth of Islamic finance was further boosted by a reverse capital flight after 9/11 and higher oil prices. Both conventional banks and international agencies have also begun issuing sukuk bonds. The document argues that with continued infrastructure investment needs in the Gulf, there will be ongoing demand for project financing, including from Islamic sources of capital. It suggests opportunities now exist for Nigerian banks, investors, and companies to tap into Islamic finance markets.
Islamic Finance opportunities for African investorsjubril
The document discusses the growth of Islamic finance, particularly in the Gulf region. It notes that Islamic banks first formed in the 1970s in Muslim-majority countries and have since expanded to offer more complex financing schemes like bonds, leases, and retail banking. The growth of Islamic finance was further boosted by a reverse capital flight after 9/11 and higher oil prices. The document also outlines opportunities for Nigerian investors, banks, and companies to tap into Islamic capital markets and infrastructure projects in the Gulf region.
Dubai is seeking consultants to design infrastructure for a new sustainable city called Desert Rose that will house over 160,000 people, most of whom will be UAE nationals. The city will utilize solar and thermal energy to reduce energy consumption by 30% and will include residential and commercial areas. Consultants are invited to bid by June 22nd for pre-design and road/landscaping design work. Sustainability is a key focus of the project.
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
The document discusses car sales in Indonesia from 2006 to 2010 and highlights Indonesia's natural resources, human resources, and economic atmosphere as opportunities for Korean investment and technical skills. It specifically mentions the Melati Project as aiming to capitalize on these opportunities.
The document discusses why people trade through an economics class activity. The class aims to have students participate in a trading activity to understand incentives for trade, how both parties can benefit from voluntary trades, and why there are no direct losers when trades are voluntary. Students will learn that people value items differently and will trade an item they value less for something they value more, as people respond to incentives. When this occurs, voluntary trades can make all parties better off.
Sprout provides organic produce from Australia. It was founded in 2002 in Sydney and exports to countries like Japan, England, France and New Zealand. Sprout's vision is to increase its product lines from 50 to 100 organic products each year while sourcing from more local Australian suppliers to be more sustainable. Sprout aims to help more people live healthier lives through organic farming.
The document discusses Argentina's economy and key industries such as agriculture, livestock, and construction. It then focuses on Valioso Inc., an Argentinian company involved in lithium and gold mining projects. Valioso has over 25 years of experience managing mining risks and uses innovative technology for its projects in the Salar del Hombre Muerto lithium deposit and Pascua Lama gold deposit.
This document is from the website of MistryTech, an Indian technology company located in Mumbai. It provides information about MistryTech's goals of becoming a world leader in smart technology, improving lives with creative ideas, and helping solve global problems. It describes some of MistryTech's products like a smart note-taking app and an architectural design tool. It also outlines an ambitious 2011 project to develop a device that can send/receive messages, access maps/weather, and make calls/view photos without needing separate devices. The document argues that customers already know Indian IT products and that MistryTech's potential was highlighted by a TED talk, so investors should cooperate with MistryTech to profit from its innovative technologies.
The document provides an overview of the Information Technology Act of 2000 passed by the Indian Parliament. The key points are:
1. The Act aims to provide legal recognition to electronic transactions and commerce by facilitating electronic filing and use of digital signatures.
2. It defines cybercrimes like hacking and publishing obscene material and prescribes penalties like imprisonment and fines.
3. The Act recognizes digital signatures authenticated by Certifying Authorities as legally valid. It also defines terms like digital signatures, private/public keys, and encryption.
4. It provides for adjudication of cybercrimes and compensation up to Rs. 10 million for offenses like unauthorized access or tampering with computer systems.
Agriculture in South america vs Africa - Comparison on key parametersinduslatin
A few slides comparing potential for agriculture in Latin America (esp Mercosur countries - Brazil, Argentina, Uruguay, Paraguay) vs. Africa (esp East Africa from Ethiopia/Sudan down to Mozambique) - Latin America is an immediate opportunity with less sociopolitical risk, more water availability per capita better infrastructure in silos, freight and storage while Africa is an opportunity that will take 10 to 20 years to play out.
The document discusses Russia's position as an energy superpower with large reserves of oil, gas, and uranium. It outlines Russia's cooperation with South Korea on nuclear energy and uranium mining projects since 2005. The document promotes the benefits for South Korea of investing in a joint uranium mining project with Russia, including a large guaranteed supply of uranium each year, easy transportation, and experience cooperating already.
The document discusses land usage and economic sectors in Brazil based on 2006 data. It notes that agriculture accounts for $546 billion, urban and industrial accounts for $1580 billion, mountain and forest accounts for $50 billion, and arable land accounts for $200 billion. The document also mentions Gaea Inc., a company with a vision to help all people and export its land management plan internationally, though governments have limitations.
Brazil has a large and fast-growing economy, ranking 8th in GDP and 9th in purchasing power. It has abundant resources of the mineral niobium, which is used in steel production, super alloys, superconducting magnets, and numismatics. Niobium also facilitates development in IT and micro-products. Korea's shipbuilding industry could benefit from niobium, but it needs extra processing. The document proposes a partnership between Brazil and Korea where Brazil supplies its niobium resources and Korea applies its technology to refine the niobium, and Brazil supplies biofuels, providing an eco-friendly exportation solution that benefits both countries.
Resorts World Sentosa is a integrated resort located on Sentosa Island in Singapore that opened in 2010. It consists of hotels, casinos, entertainment attractions such as Universal Studios, and facilities for meetings, incentives, conferences and exhibitions. The $6.6 billion resort has been very successful, attracting over 1 million visitors in its first month and generating $860 million in revenue in its second quarter from its casinos which see 70-90% occupancy. The resort aims to attract visitors from South Korea by appealing to those looking for adventure and activities and who don't have access to similar integrated entertainment and business centers near where they live.
Latin America - agriculture outsourcing provider for Indiainduslatin
- India's population is projected to grow significantly by 2050, which will increase food demand and likely make India a net food importer.
- Latin America, particularly Brazil, Argentina, Uruguay and Paraguay, represents an opportunity for India to outsource some of its agricultural production due to factors like available land, water resources, infrastructure and political stability.
- Key advantages of Latin America include lower production costs, higher yields, established value chains, proximity to ports and a trade bloc with few trade barriers. This makes it an immediate opportunity for Indian agricultural outsourcing compared to other regions like Africa.
The document discusses the 2010 collaboration between Tata and Hyundai to build affordable, safe, and technologically advanced vehicles for the Indian and South Korean markets. Key points include the Tata Hyundai Pico project to produce a $2,800 car for India combining Tata's low costs with Hyundai's technology, and plans for an electric Nano vehicle and a luxury Tata Hyundai Equus model. The collaboration aims to leverage each company's strengths to gain market share in India and Korea.
The document discusses the growth of Islamic finance, particularly in the Gulf region. It notes that Islamic banks first formed in the 1970s in Muslim-majority countries and have since expanded to offer more complex financing schemes like bonds, leases, and retail banking. The growth of Islamic finance was further boosted by a reverse capital flight after 9/11 and higher oil prices. Both conventional banks and international agencies have also begun issuing sukuk bonds. The document argues that with continued infrastructure investment needs in the Gulf, there will be ongoing demand for project financing, including from Islamic sources of capital. It suggests opportunities now exist for Nigerian banks, investors, and companies to tap into Islamic finance markets.
Islamic Finance opportunities for African investorsjubril
The document discusses the growth of Islamic finance, particularly in the Gulf region. It notes that Islamic banks first formed in the 1970s in Muslim-majority countries and have since expanded to offer more complex financing schemes like bonds, leases, and retail banking. The growth of Islamic finance was further boosted by a reverse capital flight after 9/11 and higher oil prices. The document also outlines opportunities for Nigerian investors, banks, and companies to tap into Islamic capital markets and infrastructure projects in the Gulf region.
Dubai is seeking consultants to design infrastructure for a new sustainable city called Desert Rose that will house over 160,000 people, most of whom will be UAE nationals. The city will utilize solar and thermal energy to reduce energy consumption by 30% and will include residential and commercial areas. Consultants are invited to bid by June 22nd for pre-design and road/landscaping design work. Sustainability is a key focus of the project.
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi_compress...Khaled Al Awadi
Greetings,
It is our pleasure to share with you our NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi
as per attached file .
Regards
Founder & S,Editor NewBase Energy
Khaled M Al Awadi, Energy Consultant
MS & BS Mechanical Engineering (HON), USAGreetings,
It is our pleasure to share with you our NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi
as per attached file .
Regards
Founder & S,Editor NewBase Energy
Khaled M Al Awadi, Energy Consultant
MS & BS Mechanical Engineering (HON), USAGreetings,
It is our pleasure to share with you our NewBase 11 March 2024 Energy News issue - 1706 by Khaled Al Awadi
as per attached file .
Regards
Founder & S,Editor NewBase Energy
Khaled M Al Awadi, Energy Consultant
MS & BS Mechanical Engineering (HON), USA
Saudi Arabia has embarked on a $350 billion economic development program with the goal of establishing itself as a global industrial force. A key part of this plan is building out infrastructure like transportation networks, ports, and telecommunications. The government is heavily investing in projects to upgrade infrastructure like water, healthcare, and transportation in order to support economic growth and meet the needs of its growing population. This infrastructure development is aimed at diversifying the economy beyond oil and establishing Saudi Arabia as a regional hub.
Most GCC countries have addressed the need to diversify their economies and reduce dependence on hydrocarbon revenues. In contrast to previous years where Qatar and Dubai led diversification efforts, focus in coming years will be on Saudi Arabia and Abu Dhabi, with other GCC members following suit. Saudi Arabia and the UAE are restructuring their financial frameworks to invest in non-oil sectors and future-proof their economies. Questions have also emerged about potential exposure of senior Emirati figures to the 1MDB corruption scandal in Malaysia, as Abu Dhabi's IPIC had provided guarantees to the Malaysian fund.
New base 25 october 2017 energy news issue 1090 by khaled al awadi-compressedKhaled Al Awadi
Saudi Arabia announced plans to build a $500 billion mega-city called NEOM on its Red Sea coast as part of efforts to diversify its economy and prepare for a post-oil era. The city will be powered by renewable energy and operate independently from the existing government framework. It aims to have a GDP of over $100 billion by 2030 and include areas in neighboring countries. However, some analysts are skeptical given past failed economic development zones in Saudi Arabia and question if NEOM can offer a better lifestyle than other cities in the region like Dubai. Kuwait's Al Arfaj Group also plans to build a large oil refinery and LNG terminal in India as part of that country's efforts to increase ref
Algeria seeks to develop an LNG bunkering industry as the sector holds considerable growth prospects. Algeria is a large LNG producer and officials see opportunities in developing LNG as a marine fuel. A seminar discussed the potential for Algeria to become an important player in the emerging LNG bunkering field. Additionally, a UN report finds that governments can limit climate change through measures like energy efficiency and renewable energy, but global emissions must reach near zero by 2100 to keep warming below 2 degrees Celsius.
Ne base 01 april 2018 energy news issue 1154 by khaled al awadiKhaled Al Awadi
Thank you for sharing with us your comments and thoughts on the above issue, similarly we would like to share with our daily publications on Energy news via own NewBase Energy News - call us for details khdmohd@hawkenergy.net
Your Energy Consultant for the GCC area
Khaled Al Awadi
The GCC is in a fateful economic battle that has troubling cyclical, structural, and systemic components — driven by risks around oil and a disruptive post-pandemic digital world for which it is ill-prepared. Businesses are unravelling as entitlements are withdrawn and regulations rolled back. This paper proposes to reframe relationship between the public and private sectors, rewarding companies that transition from dependency and hopeless business models, while helping govts achieve fiscal sustainability.
NewBase 15 September 2016
Greetings,
Attached FYI (NewBase 15 September 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE; Dubai and Abu Dhabi named Middle East’s most sustainable cities
• UAE: Dewa awards KPMG-led consortium advisory for Solar Park
• Saudi Arabia Ousts U.S. as Biggest Oil Producer, IEA Says
• Libya and Nigeria oil Fields Restart
• Japan ; Five and a half years after Fukushima, 3 of Japan’s 54 nuclear reactors are operating
• Japan’s electricity prices rising or stable despite recent fuel cost changes
• Oil rises on draw in U.S. crude stocks, but supply worries remain
• Oil Holds Losses Below $44 as Global Oversupply Seen Worsening
• Deal or No Deal, OPEC’s Freeze Talks Are Already Succeeding
• What $1.8 Trillion Doesn't Buy in Energy
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
New base 1001 special 16 february 2017 energy news (1)Khaled Al Awadi
The document summarizes the merger of two large sovereign wealth funds in Abu Dhabi, UAE - Mubadala Development Co. and International Petroleum Investment Co. The combined entity will be known as Mubadala Investment Co. and will have $125 billion in assets, making it one of the largest sovereign wealth funds globally. Key details provided include the rationale for the merger, who will lead the new company, the assets and investments that will be held, and the new company's expected investment strategy. The article also discusses Abu Dhabi's other sovereign wealth funds and the potential for further consolidation of state-owned enterprises in the country.
ISLAMIC BANKING AND FINANCE: WHAT’S IN IT FOR CANADIAN COMPANIES?
Mohammad Fadel
Canada Research Chair in the Law and Economics of Islamic Law University of Toronto Faculty of Law October 16, 2006
Similar to 2011 CSIA Investment Promotion Conference(class 4, Saudi) (20)
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...NelTorrente
In this research, it concludes that while the readiness of teachers in Caloocan City to implement the MATATAG Curriculum is generally positive, targeted efforts in professional development, resource distribution, support networks, and comprehensive preparation can address the existing gaps and ensure successful curriculum implementation.
How to Manage Your Lost Opportunities in Odoo 17 CRMCeline George
Odoo 17 CRM allows us to track why we lose sales opportunities with "Lost Reasons." This helps analyze our sales process and identify areas for improvement. Here's how to configure lost reasons in Odoo 17 CRM
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
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Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
How to Fix the Import Error in the Odoo 17Celine George
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Biological screening of herbal drugs: Introduction and Need for
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Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
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Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
1. Mutajadedah Energy Company
1. Basic information about Saudi Arabia
Saudi Arabia is one of the most influential country in Arabian
Peninsula. Actually, Saudi Arabia is the country which contains lots of
potentials to develop, and lots of golden opportunities to maintain the
situation of sustainable development with other coexisting countries
and corporations. Saudi Arabia will furnish investors from South
Korea to get the extremely expanded benefits.
Figure 1-1 Saudi Arabian National Flag
Kingdom of Saudi Arabia
Climate Inland: Arid and hot Economic 0.1%
Coast: Arid and wet Growth Rate (2009 est.)
Area 2,150,000 km2 GDP US $ 369,700,000,000
Population 23,980,000 people GDP per Capita US $ 17,700
Capital Riyadh Government Monarchy
Language Arabian Credit Ratings A1 = Moody’s
Figure 1-2 Basic Information Chart of Saudi Arabia
Saudi Arabia is an absolute monarchy and the largest country in the Middle East. Although
numerous monarchies in the Middle East faced downturns due to antigovernment demonstrations, the
Saudi Arabian government employed methods focused towards the citizen and thereby avoided such
discords between the government and the people and rather constructed a trusted relationship. Saudi
Arabia, therefore, is immune of systematic collapses that most Middle Eastern countries are
threatened by.The Saudi Arabian government has kept close relationships with the United States of
America as well as China. Such intimate relationship combined with sustainable social structure
allows Saudi Arabia to maintain the peace and stability.
Figure 1-3Public Debt _ CIA the World Fact book
The figure above demonstrates the miniscule rate of public debt in Saudi Arabia. The debt is
constantly descending due to the massive wealth that the Saudi Arabian government possesses.
Consistent effort of the Saudi Arabian government to defend and preserve the current financial
stability while avoiding the increase of public debt is recognized worldwide. The IMF, for instance,
predicted in 2009 that most G20 nations will face an increase in public debt and only a few will avoid
such a trend, and Saudi Arabia was predicted to be the latter.
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2. Figure 1-4 Sovereign Credit Ratings _ Chinese Credit Rating Organization dàgōng
Sovereign Credit Rating indicates the risk level of the investment environment of a nation. Saudi
Arabia’s sovereign credit rating has been constantly rising, and currently Saudi Arabia’s sovereign
credit rating is higher than that of the United States of America as shown in the figure above. The
credit-rating agencies give Saudi Arabia credit for its financial wealth, which is considered to be
sufficient enough to bear the global economic depression and oil price volatility. Such stability in
finance allows capacity for Saudi Arabia’s sovereign credit rating to rise even more and thereby
providing investors a safe environment for investment.
Figure 1-5 Global Competitiveness Report _ WEF
The ‘Doing Business 2011’shown in figure 1-6 rates Saudi
Arabia as 11thon the ease of doing business as shown in Figure 1-
6, which is an improvement from last year. The abundant
resources and stability in internal and external terms allowed
Saudi Arabia rapid economic growth which eventually led to
such business and investment conditions. Since the ranking is
related directly to the status of both direct and indirect
investment to Saudi Arabia and its firms, the improvement in this
ranking demonstrated by ‘Doing Business’ imply a promising
opportunity to invest in Saudi Arabian companies even when
compared in a global scale. The ‘Global Competitiveness Report’
also recognized Saudi Arabia as a highly competitive country
due to its rapid economic growth as well. Saudi Arabia, however,
has potential for further development.
Figure 1-6 Doing Business Report 2011
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3. 2. Why ‘Korea’?
Polycrystalline silicon, also known as poly-silicon, is a
material consisting of small silicon crystals. It is a
semiconductor originally used mainly for CPU construction.
However, as eco–friendly energy rose in demand,poly-
silicon is used in production of photo – voltaic panels, a
crucial component in the production of solar energy.
The future of poly-silicon is bright as more fields are
opened for usage due to technological development. Saudi
Arabia has abundant poly-silicon reserves of high-quality,
which MEC can exploit and create poly-silicon with. The
high-quality poly-silicon thus produced can be provided in a
relatively low price to Korean companies in relationship
with us, including the Korean company KCC which
recently signed a contract with us.
Our company chose Korea from the world as a potential
investor considering many aspects. One of them is that Figure 2-1 Poly-silicon market share
Korea is one of the world’s leading countries in
manufacturing poly-silicon. Figure2-1 demonstrates that OCI, a Korean company, has the third
biggest share in the poly-silicon market. Korea is, therefore, influential in the poly-silicon market.
Second, Korean companies produce poly-silicon of quality and competitiveness. The cost of poly-
silicon produced by Korean companies is comparatively cheap. Although the cost cannot compete
with China, Korean companies have a better reputation due to the goods’ higher quality compared to
that of Chinese products. Such reputation of high-quality combined with the relatively low price made
us choose Korea as our investor.
Third, the demand for poly-silicon is high in the Korean market. Korea is a country that is not apt to
produce energy by itself. It doesn’t have any fossil fuels including oil and coal, which are the most
commonly used energy sources not only in Korea but also worldwide. Due to such limitations, Korea
has but one choice – renewable energy. Poly-silicon provides photovoltaic panels, one of the main
elements needed for solar energy production. Poly-silicon is also used as a semiconductor for CPUs,
the most important part of an electric device. Since Korea has leading IT companies including
Samsung and LG, demands for poly-silicon is expected to be high in this field as well.
Korea can also benefit from this relationship.Investment in the poly-silicon industry will place Korea
at better conditions during solar energy trades between Saudi Arabia. The relationship will also
provide Korea a cheaper source of supply of poly-silicon, thereby enabling the reduction of
production costs of diverse poly-silicon related products.
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4. 3. Connections with other enterprises
Interest towards poly-silicon is rising constantly in both firms and individuals due to the wide range
of usage. The poly-silicon businesswe are aiming at is interrelated to a host of other business sectors.
Due to the wide range of use, our product has infinite potential for usage in diverse fields. Investment
in MEC will in short term lead to a huge market with interlinked fields, promising a potential of
becoming one of the most influential magnates in the Middle East. In the long term, the benefits will
be expanded to other sectors of businesses explained below.
① Photovoltaic System – Energy Production and Eco-Friendly Development
Photovoltaic system power generation is a power generating
system that does not make any other carbon dioxide. The
environmentally friendly system is attracting many nations to
employ it to mainland.The feed stock of the solar cell, or the
basic unit of the photovoltaic system module, is poly-silicon.
Furthermore, Saudi Arabia’s Rub’ al Khali Desert, which
covers more than 95% of the mainland of Saudi Arabia,has
potential silicon element reserves with conditions for cheap
and easy exploitation. Silicon is the element which we can
easily find out from the earth’s crust, and since the Rub’ al
Khali desert is composed of uncontaminated materials from
Figure 3-1 Photovoltaic the Earth’s crust, Saudi Arabia has the potential to become
power generation plant the best producer of poly-silicon and thereby the
photovoltaic system module.
As demonstrated in figure 3-2, poly-
silicon is directly deployed to make
the photovoltaic system’s solar cell,
the kernel components of eco-
friendly power generating system.
Investment to our company and
thereby poly-silicon market will
contribute to the development of
clean energy.
Figure 3-2. Steps for the photovoltaic power generation
There are many South Korean firms which signed contracts
and MOUs (Memorandum of Understandings) with Saudi
Figure 3-3 Proto model of Solar House Arabian feed stock companies. The Korean energy company
KCC, for example,started to cooperate with our company at
December 2010.Other Korean energy firms, STX and Millinet, signed a contract with the Saudi
Arabian government and firms to build a factory at the Saudi Arabian city Yanbu and Jubail. The
Saudi Arabian government and our company are willing to employ Korea’s high technology of
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5. producing the perfect nine-nine poly-silicon1. Such advanced
Korean technology will benefit both MEC and Korean investors.
This type of photovoltaic system could be applied to the
environmentally-friendly technology including the electric car
(or battery car) and the solar house. An electric car, which can
run only by solar energy generated while gathering light under
the bright sun when parked, will greatly reduce the use of
petroleum, the main culprit of global warming and destruction
of the earth’s atmosphere and ozone layers.
Figure 3-4 Proto model of
Solar houses can also preserve the environment by curtailing Electric Car
the usage of petroleum. These technologies applied will help
both the economy of Saudi Arabia and the investors.
Investmentto the poly-silicon technology cancontribute to
environment protection.
② Modernized Information Technology – IT business
Although more renown for solar energy related products, the
original use of poly-silicon was for the CPU. The CPU, an
indispensable component for electrical devices,is made of
materials including silicon. For further technological
Figure 3-5 New CPU substrate development of the CPU, highly effective, high-quality silicon is
required. Since poly-silicon contains higher photo-sensibility and electrical stability, it is suitable for
the main source of the CPU substrate. Our high purity poly-silicon can bring an opportunity for
development to IT venture corporations.
If our company is able to produce large amounts of poly-silicon with advanced Korean technology
combine with investment, our company can repay such trust on our company in forms of high-quality
poly-silicon with a relatively cheap price and thereby fostering development in solar energy and IT
technology of Korea, which are business sectors essential to understanding the future society. These
business areas also have potential markets where South Korean and Saudi Arabian technology and
feed stocks can achieve successful overseas expansion toward developed countries. There are many
benefits which this relationship, if accepted, can provide.
4. Conclusion
Although Saudi Arabia has all the conditions of development, including social stability and
economic wealth, it was rather underestimated until now. The investment and attention from South
Korean investors will lead to a relationship beneficial for both sides. We promise our investors that
Saudi Arabian poly-silicon business will not fail them. The development of the Saudi Arabian poly-
silicon business will provide Korea with diverse advantages including a foundation for technological
development in fields of solar energy and IT. Saudi Arabia and Korea has many opportunities of
cooperation. We believe that South Korean investors will be able to recognize the value of this
opportunity. We hope that South Korean investors and MEC will become one of the best business
partners in the world.
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Nine-nine poly-silicon means the highest purity and efficiency of poly-silicon, 99.99999999%
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