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Latest News

Consortium signs Doha Metro Gold Line deal Subscription

24 April 2014, 7:42 GMT | By

Construction deal for Doha Metro Gold Line is valued at about $3.3bn

GCC could learn from problems in rapidly developed European economies Subscription

24 April 2014, 14:23 GMT | By

Region should be cautious to avoid economic imbalances, says CFA’s regional education head

Dubai issues 15-year sukuk Subscription

24 April 2014, 12:28 GMT | By

Issuance sets new benchmark for long-term financing in emirate

Kentz wins $125m manpower contract in Kuwait Subscription

24 April 2014, 9:00 GMT | By

Kentz contract awarded by US-based Fluor to supplement its work for Kuwait Oil Company

Algeria faces raft of challenges following presidential elections Subscription

24 April 2014, 8:03 GMT | By

Many Algerians opted not to vote as show of no confidence

Omantel to start trading on stock exchange Subscription

24 April 2014, 7:42 GMT | By

Government has concluded 19 per cent stake sale, raising $529m

Dubai Investments’ shareholders approve higher foreign ownership

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

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 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

More News

Latest Analysis

Next step: Before Egypt’s economy can be put back on track, political stability must first be achieved

Reform the key to fiscal stability Subscription

24 April 2014, 13:39 GMT

Gulf financial aid has been propping up Egypt’s economy, but is not the long-term solution for its problems

Abu Dhabi peak power demand forecast

Exports drive growth in Abu Dhabi electricity demand Subscription

24 April 2014, 8:22 GMT | By

Abu Dhabi could face electricity shortfall by 2016 if extra capacity does not come online

Top 100 projects index, Q1 2014

Kuwait’s Clean Fuels Project edges Top 100 Projects value higher Subscription

24 April 2014, 7:17 GMT | By

A busy first quarter for 2014 saw 15 entrants in the MEED Top 100 Projects index

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

See all MEED analysis

Special Reports

Tourism

Tourism: Dubai and Jeddah lead Middle East hotel industry

24 April 2014, 15:36 GMT

Dubai’s travel and tourism industry has undergone an incredible transformation over the past decade, as indeed the entire emirate has

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

See all special reports

Top 100 Projects

Top 100 projects index, Q1 2014

Kuwait’s Clean Fuels Project edges Top 100 Projects value higher Subscription

24 April 2014, 7:17 GMT | By

A busy first quarter for 2014 saw 15 entrants in the MEED Top 100 Projects index

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

Saudi Arabia records biggest increase Subscription

24 April 2014, 9:45 GMT

Iran and Qatar only other projects markets to see growth 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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