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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

More News

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

Recovery

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

Port

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

Doha

Qatar: Focus returns to stadium programme

16 April 2014, 10:13 GMT

It is a frustrating time for Doha

Construction

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

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

Bahrain_Energy_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

Algeria

2.5 3.3 3.4

Bahrain

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
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