INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Middle East and Africa may add 14 GW of wind power capacity

GWEC has estimated that 557 GW of new wind power capacity, with onshore accounting for 84 percent, will be added globally in the next five years under current policies.
  • Between 2022 and 2026, South Africa (5.4 GW), Egypt (2.2 GW), Morocco (1.8 GW) and Saudi Arabia (1.3 GW) would lead the new wind capacity addition
  • The report said 2021 was the second-best year ever for the global wind industry after 2020 with almost 94 GW of capacity added

The Middle East and Africa can add 14 gigawatts of new wind power capacity in the next five years, according to latest Global Wind Report by the Global Wind Energy Council (GWEC).

Between 2022 and 2026, South Africa (5.4 GW), Egypt (2.2 GW), Morocco (1.8 GW) and Saudi Arabia (1.3 GW) would lead the new wind capacity addition, the report said.

Onshore installations in the region increased by 120 percent in 2021, the report noted.

GWEC has estimated that 557 GW of new wind power capacity, with onshore accounting for 84 percent, will be added globally in the next five years under current policies.