Oman Discussing Power Rationing for Summer

Oman MEDC Wants to See More Electricity Savings This Summer

Oman MEDC Wants to See More Electricity Savings This Summer

Corporate Communication Specialist Zahran Zahir Al Ruqeishi of the Muscat Electricity Distribution Company (MEDC) said, “The need (for rationing) is not just from the ‘saving money’ point of view, but also due to environmental factors.”

Al Ruqeishi emphasized that consumers are for the most part unaware that the indiscriminate use of electricity leads to exorbitant utility bills.

“To remain comfortable indoors during summer, consumers run air conditioners and other electrical appliances continuously, without considering and incorporating any energy savings tips,” said Al Ruqeishi.

The CC specialist mentioned a few practical ways to reduce electric bills:

“For instance, these days many are opting for split air conditioning, instead of window air conditioning. While air conditioner accumulates dust, people often forget to clean the filter or maintain the unit periodically. This is when the efficiency of air conditioner goes down. So when cooling is reduced, the user keeps it running continuously to feel comfortable.

“What happens is because it is not cooling enough, the automatic thermostat does not signal off and the unit keeps working continuously. This is the reason why it is important to get a professional agency to service the unit. It is also vital that you don’t allow non-professionals to just pour water on it, on the pretext of cleaning. This could lead to an electric shock,” he said.

Al Ruqeishi also explained that, “As a distribution and supply company, our revenue is based on the customer’s consumption, so the more you consume the better for us. But we care about the environment and urge consumers to save energy.”

Qatar Investment Firm Launching Mega IPO

A huge initial public offering will be presented in May for a multi-billion dollar investment company which was begun by Qatar at the beginning of 2013. Shares will be on offer to individuals, local companies and institutions. At the beginning of the century Qatar launched three giant primary issues for its own citizens, businesses and…

Saudi Economy Booming According to SED and Outlook Report

The Saudi Economic Developments and Outlook Report sponsored by the National Commercial Bank states that the economy of Saudi Arabia has continued to grow apace, with a real GDP climbing to 6.8 percent annual growth. The expansion was due both to the oil and non-oil sectors. Per capita income rose to record levels, reaching SR…

Aspect Software Appoints Sanjay Gupta to Lead Asian and Middle East Efforts

In order to strengthen its reach to Asia and the Middle East, Aspect Software appointed Sanjay Gupta as managing director for India, Middle East and SAARC (South Asian Association for Regional Cooperation.) One of the world’s leading providers of customer contact and enterprise workforce optimization, Aspect would like to extend its reach more successfully into…

Zarsha Leo Coming to MENA

It has not been easy for Evan Burschkopf, CEO of Zarsha Leo, to get his trendy, upscale restaurant bar into the conservative countries of the Middle East, but he has finally succeeded. “It was hard work to convince the authorities that we would refrain from serving alcoholic beverages and only employ foreign nationals on the…

Salaries Rising in UAE

Base salaries for professionals in the technology and human resources field can expect an increase in their yearly compensation by about 5.3 percent in the coming year in the United Arab Emirates. This prediction was made by the Robert Half Middle East Company, a firm which specializes in job recruitment. Director of Robert Half, James…

Yemen Closes Main Crude Oil Pipeline After Bomb Attack

After saboteurs of unknown identity blew-up a main crude oil export pipeline in Yemen on Thursday, officials were forced to close it down. This is only the latest attack in what has become a regular event along the Maarib pipeline. Before the attacks began in 2010 the pipeline used to carry about 110,000 barrels per…

Ammar Acquires Egyptian TV Station

Tarak Ben Ammar, the media mogul who produced over 60 films in the past thirty years recently purchased an Egyptian TV network in a deal worth tens of millions of euros. Ben Amar stated that this is the first step in the creation of a pan-Arab media group. Ben Ammar, who owns the North African…

Helping New Immigrants Faced with Rocket Bombardment in Southern Israel

As rocket attacks escalate across Israel’s border with Hamas ruled Gaza, new immigrants to Israel face difficult challenges to their absorption into the general Israeli society. New immigrants from North America and other English speaking countries often find themselves having added stress that their native Israeli neighbors do not share, such as not having full…

Middle East Economic Recovery Prompting Private Equity Firms to Sell Assets

Signs of economic recovery are in the air as several private equity firms in the Middle East prepare to leave a variety of investment vehicles in the coming weeks and months, according to executives in the industry. After the economic challenge of the Arab Spring, compounded by the international financial crisis, investors now feel the…