April 9, 2008

Energy and water consumption in the UAE exceeded all forecasts, surging to the tune of 19 percent, a 15 percent increase on the 7 percent previously set by the Federal Water and Electricity Department (FWED).

A real estate market growth of 20 percent nationwide has triggered a concomitant rise in energy consumption, according to the FWED, which singles out the real estate boom fever now gripping the country as the main cause for the increased power consumption.

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