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Latest News

The planned Al-Wasl Plaza of Expo 2020

HOK and Arup win more Dubai Expo masterplanning Subscription

27 August 2014 | By

Consortium worked on the concept for the bid in 2013

Kuwait City

Global Finance House signs murabaha financing Subscription

27 August 2014 | By

Bahraini bank to also list sukuk in coming months

Dubai Multi-Commodities Centre

Turner appointed Burj 2020 project manager Subscription

27 August 2014 | By

Dubai tower Burj 2020 will be world’s tallest commercial building

Kuwait University in Kuwait

Kuwait University tenders building work Subscription

27 August 2014 | By

Kuwait University contract covers building and operation work

RWE Dea Drilling rig in Disouq Egyptian Nile Delta

RWE Dea starts Egypt gas production Subscription

27 August 2014 | By

Company sees oil and gas output lifted by more than 50 per cent as new facility comes online

London skyline

Iran pushes back London launch of new oil contracts Subscription

27 August 2014 | By

London event delayed until February 2015, says government official

Tunisia

Circle Oil hits functioning oil and gas environment in Tunisia Subscription

27 August 2014 | By

Explorer says results point to a potential find of 100 million barrels of oil

Elevated road

Contractor secures Qatar interchange work Subscription

27 August 2014 | By

New interchange in Qatar will provide access to a new shopping mall

Air stikes in Libya

Waha Oil Company offices bombed in Libya air strike Subscription

26 August 2014 | By

Air raid on 23 August caused fire at oil company headquarters

Egypt parliament

Egyptian electricity officials sacked Subscription

26 August 2014 | By

All the eight sacked officials reportedly had links to the Muslim Brotherhood

Nakheel's Jumeirah Village Triangle development in Dubai

Nakheel appoints consultant for Dubai shopping mall Subscription

26 August 2014 | By

Retail centre will be built at Jumeirah Village Triangle

Dubai Metro

Mitsubishi likely to win new Dubai Metro work Subscription

26 August 2014 | By

Dubai Road & Transport Authority prepares to tender $1.8bn in construction deals and signals Mitsubishi-led consortium as frontrunner

Tripoli International airport following air strikes

US claims UAE and Egypt responsible for airstrikes on Libya Subscription

26 August 2014 | By

Anonymous US officials tell news agencies that the UAE and Egypt secretly bombed Libyan militias

Iraq Stock Exchange (ISX) performance

Iraq’s stock exchange rally ends as index dips Subscription

26 August 2014 | By

Iraq’s market rose on Prime Minister Nouri al-Maliki’s resignation

Kuwait electricity cables

Kuwait extends deadline for overhead lines contract Subscription

26 August 2014 | By

Eight contractors have been prequalified for the Kuwait overhead lines tender

Offshore oil exploration

Saudi Aramco plans $40bn of upstream investments Subscription

26 August 2014 | By

Saudi Aramco CEO reveals plans for huge investment in oil and gas fields

Planned Guggenheim Museum in Abu Dhabi

Contractors submit bids for Abu Dhabi Guggenheim Subscription

26 August 2014 | By

Saadiyat Island will be home to several major museums

Dubai tram

Extra safety measures push Dubai’s tram over budget Subscription

25 August 2014 | By

Transport authority says additional features have been added to prevent collisions with cars and pedestrians

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Latest Analysis

Russia's President Vladimir Putin with Egyptian counterpart Abdul Fattah al-Sisi

Russia looks to the Middle East Subscription

21 August 2014 | By

As sanctions imposed by the West begin to bite, Russia faces a potential funding gap and is looking to form new alliances in the Middle East and North Africa

Nuclear

Sanctions to stunt Russia's nuclear industry Subscription

21 August 2014 | By

Russia is currently a major player in Europe’s nuclear industry

Oil

The impact of Western sanctions on Russia's oil and gas sector Subscription

21 August 2014 | By

Russian companies are seeking to increase their presence elsewhere in the Middle East

Pipes

Technology sanctions set to delay unconventional oil projects in Russia Subscription

21 August 2014 | By

Ban on sales of shale and deep water hydrocarbon extraction equipment to hurt Russia’s future output

Power

Saudi Electricity Company awards $2.9bn of contracts Subscription

21 August 2014 | By

State utility has already awarded more transmission contracts in the second quarter than for whole of 2013

Risk ratings in the Middle East and North Africa

Navigating regional political and security risk Subscription

17 August 2014 | By

Investors face a widening and complex web of risks in the Middle East and North Africa region

See all MEED analysis

Special Reports

Smart cities

Smart cities: Raising the quality of life

24 August 2014

The rolling out of smart cities in the Middle East is being used to atrract and keep high calibre residents

Russia

Sanctions to dent Russia's economy

21 August 2014 | By

The Middle East could prove a useful ally for Russia as the country’s relations with the US and Europe deteriorate

Morocco's King Mohammed VI

Morocco: Subsidy reform leading the region

20 August 2014

Subsidy controls implemented by King Mohammed VI and the government have yielded results

Whatever Al-Maliki’s role in the spread of Isis, it soon became clear that he was unable to counter the military threat

Uniting against a common enemy

14 August 2014 | By

Nouri al-Maliki’s position became untenable as allies lost patience with reaction to Islamist advance

See all special reports

Russia reaches out

Russia

Sanctions to dent Russia's economy

21 August 2014 | By

The Middle East could prove a useful ally for Russia as the country’s relations with the US and Europe deteriorate

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Gulf Projects Index

Gulf Projects Index

Gulf Index sees its worst week in nearly two years Subscription

27 August 2014 | By

All markets declined apart from those of Qatar and Saudi Arabia

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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