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Luxury Hospitality Conference on Trends and Innovation

Luxury Hospitality Conference on Trends and Innovation
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Luxury Hospitality Conference on Trends and Innovation

Luxury Hospitality Conference on Trends and Innovation
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Hotels up for sale as tourism market struggles due to pandemic

Hotels up for sale as tourism market struggles due to pandemic
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

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APICORP: MENA energy investments to exceed US$805 billion over next five years

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The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, estimates in its MENA Energy Investment Outlook 2021-2025, that overall planned and committed investments in the MENA region will exceed US$805 billion over the next five years (2021–2025) – a US$13 billion increase from the US$792 billion estimate in last year’s five-year outlook.
The report attributes this modest rise to four factors: A strong confidence in the rebound of global GDP, rising energy demand, the comeback of Libyan projects – which alone accounts for around US$10 billion in planned projects – and the accelerated pace of renewables in the region. Per current estimates, MENA will add 3GW of installed solar power capacity in 2021 alone – double that of 2020 – and 20GW over the next five years. ....

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MENA Energy Investments Expected to Exceed $805bn by 2025

Wednesday, 5 May, 2021 - 10:15
MENA can emerge as a major blue and green hydrogen-exporting region thanks to low-cost gas resources and strong renewable energy progress, said APICORP. (Asharq Al-Awsat)
Dubai - Asharq Al-Awsat
The Arab Petroleum Investments Corporation (APICORP) estimates the overall planned and committed investments in the Middle East and North Africa (MENA) region to exceed $805 billion over the next five years, a $13 billion increase from its 2020 five-year outlook.
In its MENA Energy Investment Outlook 2021-2025, APICORP attributed this modest rise to four factors, namely the strong confidence in the rebound of global GDP, rising energy demand, the comeback of Libyan projects – which alone account for around $10 billion in planned projects – and the accelerated pace of renewables in the region. ....

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