World Bank Blogs en Creating the second largest regional electricity market in the world <p>RecondOil | Flickr Regional trade in electricity and other energy products can be a powerful force for market integration and sustainable development. In the Arab world, there are great potential benefits from increasing electricity trade beyond its current, very low level. The potential shared value of trade in electricity in ...</p> Thursday, February 21, 2019 - 01:09 Waleed Alsuraih, Victor Loksha Low oil prices give Gulf countries reason to focus on clean energy and productivity <p>The 2014/15 oil price collapse may actually provide an opportunity for the Gulf region to focus on “green” economic thinking and on maximizing energy productivity overall. Given their large hydrocarbon resources, the GCC in particular has a large stake in the global transition towards sustainable energy. </p> Tuesday, December 8, 2015 - 13:43 Waleed Alsuraih