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MEED: Middle East news, data and analysis

MEED is a premium subscription site providing business news, tenders, data and analysis. MEED also features research service MEED Insight, project tracking database MEED Projects and MEED Events.

Latest News

BMI Bank and Al-Salam Bank to merge Subscription

23 May 2013, 14:06 GMT | By

Merger set to create Bahrain’s third-largest lender

Inflation in Egypt to rise Subscription

23 May 2013, 13:43 GMT | By

Government’s reliance on central bank funding will further reduce low living standards

More than 90 killed in two days of bomb attacks in Iraq Subscription

23 May 2013, 12:43 GMT | By

Blasts mark deadliest spate of violence since 2011

Majid al-Futtaim acquires regional Carrefour franchise for AED2.5bn Subscription

23 May 2013, 12:42 GMT | By

Majid al-Futtaim to raise capital through hybrid bond sale

Riyadh arrests 10 more on spying charges Subscription

23 May 2013, 10:19 GMT | By

About 18 people were arrested in March as part of same case

Lifting limits on foreign ownership still on agenda, says UAE minister Subscription

23 May 2013, 9:05 GMT | By

The UAE’s Federal National Council rejected plans to change law

Casualties rise in Lebanese sectarian conflict Subscription

23 May 2013, 9:02 GMT | By

Violence in Tripoli continues to escalate

IMF warns region's oil exporters to cut back spending Subscription

23 May 2013, 8:54 GMT | By

Reforms needed to avoid risk of fiscal deficits if the oil price falls

Saudi Electricity Company seeks adviser for power programme Subscription

23 May 2013, 6:54 GMT | By

End of relationship with Citigroup prompts Saudi Electricity’s search for new consultant

Emirates NBD raises $1bn through bond sale Subscription

23 May 2013, 6:54 GMT | By

Bond proceeds will be used to boost tier 1 capital

Oman pushes ahead with power and water projects Subscription

22 May 2013, 13:50 GMT | By

Projects will provide power for industrial and residential schemes in Oman

New Saudi regulation expected to limit stock market speculation Subscription

22 May 2013, 12:00 GMT | By

Regulation set to narrow initial public offering valuation gap

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Latest Analysis

Petrochem industries index 2013

Slow rise for Saudi petrochemicals shares Subscription

23 May 2013, 7:02 GMT | By

Local producers currently trade lower than their global peers

Saudi diesel imports and Aramco refining capacity

Saudi Arabia's diesel dilemma Subscription

21 May 2013, 10:38 GMT | By

As the kingdom stockpiles for the summer it has to ask itself if continued massive subsidies is the right way forward

Mena oil and gas contract awards 2011-2013

UAE driving Mena oil and gas spending Subscription

16 May 2013, 7:48 GMT | By

Spending in second quarter looks likely to outstrip first as major offshore deals are awarded

MSME lending in the Middle East and North Africa

Lending to small businesses in Mena Subscription

16 May 2013, 6:55 GMT | By

SME banking revenue in the Mena region is expected to grow by 18 per cent per year, reaching $15bn by 2015

Deloitte interview AWCS

Interview: Andrew Jeffrey, director, Capital Projects Advisory UAE, Deloitte

15 May 2013, 12:34 GMT

Deloitte’s Andrew Jeffrey discusses the key challenges facing the development of mega projects in the GCC

Omran interview

Interview: Ammar Kharusi, construction manager, Omran

15 May 2013, 11:03 GMT

Oman’s tourism development authority is planning major project investments across the Sultanate

Empower total cooling capacity 2004-2012

Empower Subscription

14 May 2013, 11:35 GMT | By

The district cooling provider plans to capitalise on the recovery in Dubai’s real estate sector

UAE and Saudi labour costs

Labour costs decline in the UAE Subscription

13 May 2013, 13:18 GMT | By Cathal Gormley

Significant decline in cost of skilled and unskilled labour since January

See all MEED analysis

Special Reports

Etihad Rail

Transport & Logistics: GCC reconsiders PPP Subscription

22 May 2013, 13:26 GMT

This year should see several major rail contracts awarded as the GCC rail sector gathers momentum

Saudi research and development

Education: States must invest in knowledge economy Subscription

22 May 2013, 12:59 GMT

Saudi Arabia spends 0.8 per cent of its gross domestic product on research and development

See all Special reports

Contract Awards

Middle East contracts awarded April 2013

Middle East contracts awarded: April 2013 Subscription

5 May 2013, 7:41 GMT

Just over $12bn-worth of contracts were awarded in April

Research reports

GCC Construction bundle

Pre-launch offer: GCC Project Market Report 2013

A complete analysis and overview of the opportunities, challenges and forecasts for the GCC projects market

See all research reports


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Gulf Projects Index

Gulf Projects Index 21 May 2013

UAE leads Gulf projects index growth Subscription

23 May 2013, 12:46 GMT

Oman and Kuwait were the only markets to record declines in index value

Projects Market Tracker

Country Data

Country 2011 2012f 2013f

Algeria

2.4 2.6 3.3

Bahrain

2.1 2 2.8
Egypt 1.8 2 3
Iran 2 0.9 0.8
Iraq 8.9 10.2 14.7
Jordan 2.6 3 3.5
Kuwait 8.2 6.3 1.9
Lebanon 1.5 2 2.5
Libya 59.7 121.9 16.7
Morocco 4.9 2.9 5.5
Oman 5.4 5 3.9
Qatar 14.1 6.3 4.9
Saudi Arabia 7.1 6 4.2
Sudan 4.5 11.2 0
Syria na na na
Tunisia 1.8 2.7 3.3
UAE 5.2 4 2.6
Yemen 10.5 1.9 4.1
f=forecast; na=Not Available; Source: IMF
Last updated: March 2013