Tag Archives: Economy

Solar Energy in Saudi Arabia: Perspectives

By | | , ,
6 Comments

Saudi Arabia, the epicenter of global oil industry, has been showing keen interest in solar energy in recent years. Saudi Arabia has one of the world’s highest solar irradiation in the world, estimated at approximately 2,200 thermal kWh of solar radiation per m2. The country is strategically located near the Sun Belt, in addition to plentiful availability of empty stretches of desert that may accommodate infrastructure for solar power projects. Vast deposits of sand can be used in the manufacture of silicon PV cells which makes Saudi Arabia an attractive location for solar industry. “The resource is stunning; land is … Continue reading →

A Glance at Waste-Free Economy

By | | , ,
4 Comments

Growth from trashing the planet was never a clever idea and linear economics has now reached the end of the line. The ‘more is better’ economy does not need to be stimulated to grow nor constrained from growing. It needs to be entirely replaced by ‘positive development’ in which markets work to automatically, systematically make things better both locally and globally. The folly of endless resources extraction, endlessly unmet human needs and endless waste dumping can end. Linear economics can be replaced by ‘circular economics’. Waste-Free Growth Model A switch towards waste-free economy would preserve and regenerate material value and … Continue reading →

Agricultural Scenario in MENA

By | | ,
5 Comments

Agriculture plays an important role in the economies of most of the countries in the Middle East and North Africa. The contribution of the agricultural sector to the overall economy varies significantly among countries in the region, ranging from about 3.2 percent in Saudi Arabia to 13.4 percent in Egypt.  Large scale irrigation is expanding, enabling intensive production of high value cash and export crops, including fruits, vegetables, cereals, and sugar. Egypt Egypt is the 14th biggest rice producer in the world and the 8th biggest cotton producer in the world. Egypt produced about 5.67 million tons of rice and 635,000 tons … Continue reading →

Energy Sector in Arab Countries

By | | ,
5 Comments

The Arab energy sector has played and will continue to play an important role in the regional as well as global economy. In addition to satisfying energy needs for economic and social development, it is the source of oil and gas export revenues contributing to economic development. The Arab oil and gas sector represents the largest economic sector in the region. Increase of oil revenues were the main drivers for economic development in most of the Arab oil producing countries. The Arab economies, as well, are heavily dependent on oil and gas to meet their domestic energy demand. Oil contributes … Continue reading →