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Latest News

Dubai Investments’ shareholders approve higher foreign ownership proposal

23 April 2014, 14:03 GMT | By

Company is planning to raise foreign ownership limit to 35 per cent

Bahrain gas reserves 10 trillion cubic feet Subscription

23 April 2014, 13:22 GMT | By

Bahrain gas resources 3 trillion feet higher than previously reported

Bahrain to start drilling for deep gas Subscription

23 April 2014, 13:18 GMT | By

Bahrain operations to begin at Khuff reservoir by end of second quarter

Abu Dhabi

Abu Dhabi manufacturing sector picks up Subscription

23 April 2014, 13:06 GMT | By

Flurry of new announcements point to high spending in medium-sized industrial projects

System Construct awarded Abu Dhabi polymer additives plant Subscription

23 April 2014, 12:47 GMT | By

Polysys Additive Technologies’ plant expected to be complete by the end of 2014

Iraq signs $173m drilling deals with Chinese firms Subscription

23 April 2014, 12:02 GMT | By

New wells to be drilled at Missan oil fields in east of Iraq

South Korean group sign $6bn Iraq refinery deal Subscription

23 April 2014, 10:16 GMT | By

South Korean consortium of four to build 140,000 barrel-a-day refinery in Karbala, Iraq

Iraqi firm pushes ahead with fertiliser revamp Subscription

23 April 2014, 10:01 GMT | By

Baiji fertiliser plant to be rehabilitated and expanded

Bahrain seeks interest for gas terminal Subscription

23 April 2014, 9:38 GMT | By

Liquefied natural gas terminal expected to be in operation by 2016-17

Drake & Scull wins contract for Algeria project Subscription

23 April 2014, 9:30 GMT | By

Scope of work entails building a mixed-use development in Algiers

Taqa plans to issue bond of at least $500m Subscription

23 April 2014, 8:50 GMT | By

Issue is part of refinancing of $1.2bn bond maturing in September

Still no decision on Bapco design and project management tenders Subscription

23 April 2014, 8:45 GMT | By

Bechtel and Engineers India lowest bidders for $9bn Bahrain refinery upgrade

Qatar confirms plans to open long-delayed airport Subscription

23 April 2014, 8:43 GMT | By

Hamad International to be fully open to all carriers by May

Contractor mobilises for Sheikh Zayed Road interchange

23 April 2014, 8:42 GMT | By

Bridge will provide access to Meraas’ Bluewaters island development

ADCB extends loan to support Abu Dhabi Fairmont hotel Subscription

23 April 2014, 7:43 GMT | By

Loan is for AED950m

Prysmian wins contract on Abu Dhabi’s Zakum field Subscription

23 April 2014, 7:39 GMT | By

Italian group to build cable links for submarine electrification project

Emaar Properties’ profit rises 55 per cent Subscription

23 April 2014, 7:36 GMT | By

Emaar Properties’ non-property business accounted for majority of revenues

Technip awarded design contract on Abu Dhabi’s Hail field Subscription

23 April 2014, 7:35 GMT | By

Delayed Japan-owned project moves forward with key contractors now in place

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Latest Analysis

Real GDP growth in Middle East and north Africa oil-importing countries

Non-oil growth gains momentum Subscription

22 April 2014, 10:46 GMT | By

More countries in the region are making headway on economic diversification, especially in the Gulf

Strategy: Dubai is seeking to use private-public partnerships and stock market listings to raise financing

Dubai’s search for finance Subscription

17 April 2014, 15:16 GMT | By

Faced with a huge debt pile and risk-averse banks, the emirate is seeking new ways to fund its boom

March contract awards

Middle East contracts awarded: March 2014 Subscription

17 April 2014, 12:23 GMT

Over $12bn of contracts awarded in March in the Middle East

Iraq oil production forecasts

Iraq faces challenge to meet output targets Subscription

16 April 2014, 11:07 GMT | By

Analysts expect Baghdad to fall short of 2020 ambitions despite recent production surge

Ambition: Bahrain is investing to ensure its oil and gas sector remains a cornerstone of its economy

Manama’s future energy challenge Subscription

15 April 2014, 13:14 GMT | By James Gavin

The Gulf’s oldest oil producer is looking to make the most of a small endowment


The growing appetite for bonds Subscription

10 April 2014, 13:46 GMT | By

Increased corporate activity spurred by strong economic growth is helping to expand the market

See all MEED analysis

Special Reports


Ports & Shipping: GCC ports compete for trans-shipment business

23 April 2014, 12:21 GMT

Maritime infrastructure is still in the early stages of development in the region


Qatar: Focus returns to stadium programme

16 April 2014, 10:13 GMT

It is a frustrating time for Doha


Construction: Demand grows for project managers

9 April 2014, 12:54 GMT

Complex construction schemes in the GCC has led to a rise in the use of project managers


Oman: Transport schemes to open up the economy

2 April 2014, 13:49 GMT

Oman is unique among the GCC states for its geographical beauty

See all special reports

Bahrain Energy Conference 2014


Alba looks to improve efficiency of power plants

22 April 2014, 12:54 GMT | By

Aluminium producer targeting 50 per cent efficiency in its power plants

More news from the conference

Contract Awards

March contract awards

Middle East contracts awarded: March 2014 Subscription

17 April 2014, 12:23 GMT

Over $12bn of contracts awarded in March in the Middle East

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Gulf Projects Index

Gulf projects index

Iraq and UAE lead Gulf index growth Subscription

17 April 2014, 11:01 GMT

Kuwait, Qatar and Iran record largest declines in value

Projects Market Tracker

Country Data

Real GDP growth (annual change as a percentage) by country. Click the country name to go to full economic data.

Country 2012 2013f 2014f


2.5 3.3 3.4


3.9 4.2 3.3
Egypt 2.2 2 3.3
Iran -1.9 -1.3 1.1
Iraq 8.4 9 8.4
Jordan 2.8 3.3 3.5
Kuwait 5.1 1.1 3.1
Lebanon 1.5 2 4
Libya 104.5 20.2 10.1
Morocco 3 4.5 4.8
Oman 5 4.2 3.5
Qatar 6.6 5.2 5
Saudi Arabia 6.8 4.4 4.2
Sudan -4.4 1.2 2.6
Syria na na na
Tunisia 3.6 4 4.5
UAE 3.9 3.1 3.6
Yemen 0.1 4.4 5.4
f=forecast; na=Not Available; Source: IMF
Last updated: June 2013