Let’s invest in the future of the Middle East and North Africa — its youth.
The Middle East and North Africa (MENA) region has a demographic youth dividend of 200 million bright minds. Any development narrative that does not take into account their aspirations, invariably, fails to achieve the desired goals.
The world has quickly mobilized to help the Himalayan country, but aid workers have been dealing with unique challenges such as mountainous valleys walled off with landslides, roads severed by rock avalanches and collapsed bridges.
One such machine is the GE 2.5-120 wind turbine – the numbers stand for 2.5 megawatts in output and 120 meters (393 feet) in rotor diameter. Last year, construction crews installed 14 of them at a wind farm near Rehborn, Germany.
Plunging prices will force the offshore industry to make the most out of limited resources.
The offshore industry has been under a black cloud since the end of 2014, with the oil price crash bringing a seemingly interminable period of doom and gloom. No one can blame operators for the resulting project cancellations and exorbitant cost-cutting measures undertaken in recent months.
In the face of unprecedented global challenges, big companies need to adopt the mindset of startups — from collaboration to comprehensive problem solving.
As Thomas Edison said, “I find out what the world needs. Then I proceed to invent it.” Over 130 years after Edison established GE, invention with practical application remains at the core of everything we do.