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Latest News

Alstom wins Iraq turbine deal

20 April 2014, 13:30 GMT | By

French firm will provide gas turbines for 1,642MW Al-Anbar gas-fired plant

GCC's construction and real estate sectors face manpower shortage

20 April 2014, 13:29 GMT | By

About 500,000 workers needed to address shortfall, says new report

Dubai to transform metro stations into art galleries Subscription

20 April 2014, 13:11 GMT | By

Six of Dubai’s metro stations to house assorted art objects

Qatar scraps design tender for World Cup stadium Subscription

20 April 2014, 12:10 GMT | By

Designs for Lusail Stadium ‘didn’t hit the right note’, says report

Kuwait Finance House sees profits rise by 13 per cent Subscription

20 April 2014, 11:16 GMT | By

Kuwait Finance House bank looking to strengthen Turkish business

Saudi Arabia seeks bidders for airport project Subscription

20 April 2014, 9:30 GMT | By

King Fahad International airport in Dammam, Saudi Arabia, to be expanded

Saudi Arabia further extends deadline for airport project Subscription

20 April 2014, 9:20 GMT | By

King Khalid International airport in Riyadh to expand terminals 3 and 4

Sabahi enters presidential race against Al-Sisi Subscription

20 April 2014, 9:19 GMT | By

Candidate submits official documents

Global Telecom sells 51 per cent stake in Djezzy Subscription

20 April 2014, 9:17 GMT | By

Sale puts an end to four-year dispute with Algeria

Lebanese banks granted outlook upgrade Subscription

20 April 2014, 9:17 GMT | By

Three banks have forecasts revised to stable by Standard & Poor’s

Nakheel awards two contracts for Deira Islands project Subscription

20 April 2014, 6:55 GMT | By

US-based AE7 wins deals for design and supervision services

Fuel subsidies removal vital to Morocco’s power plans Subscription

17 April 2014, 14:06 GMT | By

Morocco’s government ended subsidies on gasoline and fuel oil in early 2014

Taqa raises Samurai loan to refinance bond Subscription

17 April 2014, 12:50 GMT | By

Abu Dhabi firm Taqa taps new source of liquidity

ABB company wins Iraq electricity contract Subscription

17 April 2014, 11:40 GMT | By

Technology firm will provide software to upgrade Iraq’s electricity network

UAE inflation hits three-year high Subscription

17 April 2014, 9:51 GMT | By

Inflation in March seen at 1.9 per cent driven by rising housing and utilities costs

Turkish firms dominate Mecca metro prequalification list Subscription

17 April 2014, 8:43 GMT | By

First phase civil works of Mecca Metro will include underground and above ground packages

Algeria holds presidential election Subscription

17 April 2014, 7:59 GMT | By

Polls opened on 17 April in what is being called a foregone conclusion for Algeria incumbent Abdelaziz Bouteflika

Nakheel floats tender for Palm Jumeirah boardwalk project Subscription

17 April 2014, 7:12 GMT | By

Palm Jumeirah boardwalk to stretch across the entire length of the outer crescent

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Latest Analysis

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

Serco is the service provider for the Dubai Metro

Bringing the region's services to life Subscription

10 April 2014, 13:21 GMT | By

Facilities management firm Serco works quietly in the background, providing major services across various sectors in the region, but its CEO is looking to extend its reach

See all MEED analysis

Special Reports


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

MEED Quality Awards for Projects 2014

The MEED Quality Awards for Projects 2014

1 April 2014, 7:40 GMT

Focusing on brilliance in project delivery

See all special reports

Contract Awards

Middle East contracts awarded: February 2014 Subscription

20 March 2014, 12:58 GMT

Over $17bn of contracts awarded in February 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