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Latest News

Sheikh Mohammed to visit Iran

15 April 2014, 19:58 GMT | By

UAE Vice President and Prime Minister Sheikh Mohammed accepts invitation from Iranian President Hassan Rouhani

Sabic joint venture ask for revised bids on $500m scheme Subscription

15 April 2014, 14:19 GMT | By

Contractors to submit new prices after clarification meetings for new petrochemicals plants in Saudi Arabia

Maaden net profit drops by 48 per cent Subscription

15 April 2014, 13:52 GMT | By

Falling commodities prices cited for lower than forecast profits by Saudi mining company  

Jebel Ali Port’s Terminal 3 to be operational by July Subscription

15 April 2014, 13:23 GMT | By

Terminal will add 4 million TEUs of capacity to mega port

Algerians apathetic to forthcoming presidential elections Subscription

15 April 2014, 13:17 GMT | By

Fourth term for Algeria’s incumbent Abdelaziz Bouteflika seen by many as a foregone conclusion

Qatari group reaches settlement with Habtoor Leighton Subscription

15 April 2014, 13:08 GMT | By

Dispute arose over long-delayed Doha City Centre expansion project

Drydocks’ North Sea rig to be delivered by June Subscription

15 April 2014, 12:40 GMT | By

Dubai World unit Drydocks World will also deliver wind power platform in the third quarter

United Iron & Steel Company to invest $138m in UAE rolling mill Subscription

15 April 2014, 12:14 GMT | By

Abu Dhabi complex to produce 300,000 tonnes a year of steel coils

Iran must invest $255bn to carry out oil and gas plans, says minister Subscription

15 April 2014, 11:46 GMT | By

Tehran seeks the rollout of new contracts to attract overseas companies to develop oil and gas sector

Kuwait cancels tender for $1bn hospital project Subscription

15 April 2014, 11:28 GMT | By

Contract for Jahra New Hospital project in Kuwait to be awarded through ‘negotiation’

Kuwait signs $12bn-worth of contracts on Clean Fuels Project Subscription

15 April 2014, 11:04 GMT | By

South Korean firms win up to $7bn of work out of the total $12bn on the scheme

Iran faces challenge to export post-2015 gas surplus Subscription

15 April 2014, 10:29 GMT | By

Minister says export pipelines must be built to transport gas from expanded South Pars development

US firm to upgrade Basra port Subscription

15 April 2014, 9:06 GMT | By

Nawah Port Management to expand Iraqi container terminal

Saudi Aramco to retender Ras Tanura refinery expansion Subscription

15 April 2014, 8:58 GMT | By

Oil major Saudi Aramco expected to revise scope of expansion at Saudi Arabia’s largest refinery

Oman extends ban on hiring expatriate labourers Subscription

15 April 2014, 6:51 GMT | By

Government aims to create more jobs for Omani nationals

Saudi Arabia invites bids for Shoaiba 2 desalination expansion Subscription

15 April 2014, 6:50 GMT | By

Expansion of Shoaiba 2 desalination project will increase capacity by 16 million imperial gallons a day

Qatar invites bids for main packages on mega reservoirs project Subscription

15 April 2014, 6:48 GMT | By

Reservoirs will provide seven days of strategic water storage

Contractors submit bids for more Doha Metro work Subscription

15 April 2014, 5:37 GMT | By

Contracts cover elevated sections of the urban rail network

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Latest Analysis

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

Trade confidence in the Middle East

Confidence among UAE traders grows Subscription

8 April 2014, 7:47 GMT | By

India and China will remain the UAE’s fastest-growing trade routes

Power: Deputy Crown Prince Muqrin’s appointment was announced on state television

Riyadh presents a united front Subscription

3 April 2014, 15:00 GMT | By

The appointment of a deputy crown prince shows King Abdullah wants to end speculation about the Al-Saud family’s succession plans

Strained ties: Obama’s meeting with King Abdullah seems to have produced only modest results

US influence on the Middle East waning Subscription

3 April 2014, 14:18 GMT

Recent foreign policy initiatives have put Washington at odds with key allies in the GCC

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Special Reports


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


MEED 100: The region's largest listed companies

27 March 2014, 15:15 GMT

The financial services sector remains the dominant force in the MEED 100 table, with Saudi banks comprising the bulk of firms in the sector

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 8 April 2014

UAE leads growth in Gulf index Subscription

10 April 2014, 11:06 GMT

Iraq records largest decline in value of projects market in the region

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