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Latest News

Fouad Masoum elected as Iraq president

Fouad Masoum elected as Iraq president Subscription

27 July 2014 | Updated: 28 July 2014 | By

Vote marks significant step forward for country

Oman extends deadline for water distribution scheme

Oman extends deadline for water scheme Subscription

27 July 2014 | By

Work will involve expanding distribution networks in Muscat

Qatar considers using solar technology for rail projects

Qatar considers solar technology for rail projects Subscription

27 July 2014 | By

Solar panels at depot could provide up to 80MW of power for proposed rail system

Black plumes of smoke are seen after clashes between militants, former rebel fighters and government forces in Libya

US evacuates embassy in Libya Subscription

27 July 2014 | By

Staff driven to Tunisia with military escort as fighting escalates in Tripoli

Dow Chemical to build reverse osmosis manufacturing plant in Saudi Arabia

Dow to build Saudi reverse osmosis plant Subscription

27 July 2014 | By

Plant will manufacture component for desalination facilities

World Bank approves $300m programme for Tunisia

World Bank approves Tunisia programme Subscription

27 July 2014 | By

$300m scheme comes ahead of elections and will focus on performance and governance of municipalities

Oman tenders cultural centre construction

Oman tenders cultural centre construction Subscription

27 July 2014 | By

Bid deadline set for late September

Midmac and CCC take over Qatar Sidra Medical and Research Centre work

Midmac and CCC take over Qatar hospital work Subscription

27 July 2014 | By

Joint venture replaces team of OHL and Contrack for work on Sidra Medical and Research Centre

Cairo streets

World Bank approves $500m gas loan to Cairo Subscription

25 July 2014 | By

Project aims to connect 1.5 million Egyptian households to national gas grid

Cairo, Egypt

BP denies deal to restart $10bn Egypt gas project Subscription

25 July 2014 | By

UK energy company says the West Nile Delta development remains on hold

Selected UAE bank profits

Continued profit growth for UAE banks Subscription

24 July 2014 | By

Market remains cautious on real estate exposure

UN Secretary General Ban Ki-moon and Israel's President Shimon Peres

International community pushes for ceasefire in Gaza Subscription

24 July 2014 | By

US and UN representatives travel to region to press for an an end to hostilities in Gaza

Nuri Abu Sahmain, GNC president

Libya's General National Congress sets handover date Subscription

24 July 2014 | By

Fighting continues as nation prepares to move parliament to Benghazi

Aramco starts Fadhili gas plant prequalification

Aramco starts Fadhili plant prequalification Subscription

23 July 2014 | By

Oil major plans to award three packages at estimated $3bn gas scheme by March 2015

Libya

Optimism increases over reopening of Libyan port Subscription

23 July 2014 | By , Hassan Morajea

Key stakeholders meet in effort to reopen the oil terminal of Brega after it was shut by protesters on 12 July

Gas pipes

Jacobs awards management deal on Khazzan gas project Subscription

23 July 2014 | By

Contract includes management services on $2bn-worth of pipelines and production facilities

Kuwait

Bid submission delayed for Kuwait gas project Subscription

23 July 2014 | By

New deadline set for companies looking to carry out gas unit overhaul at Al-Ahmadi refinery

CB&I wins $50m supply deal for Sohar refinery expansion

CB&I wins $50m deal for Sohar refinery expansion Subscription

23 July 2014 | By

US group to supply heaters and steam reformer for project in Oman

More News

Latest Analysis

The Louvre Abu Dhabi

The GCC’s growing art spend Subscription

24 July 2014 | By

Qatar and Abu Dhabi are among the states muscling in on the international art market

Investment grade bond debt maturities by country

The Middle East’s refinancing burden Subscription

23 July 2014 | By

Region’s investment grade companies need to refinance $91bn-worth of debt by 2018

Stock market

Market reacts to Saudi decision to open up stock market Subscription

23 July 2014 | By

The opening of the Tadawul to foreign investors is widely welcomed by market

Middle East and north Africa oil and gas reserves

Hydrocarbon reserves of strength Subscription

23 July 2014 | By

The Middle East remains a key source of hydrocarbons, but reserves are growing faster in other regions

Dubai Mall

Dubai's 13 biggest shopping mall developments Subscription

21 July 2014 | By

Mall of the World tops the $2.7bn-worth of Dubai-based shopping centre projects in MEED’s list

Yemen crude production

Unrest in Yemen to weigh on oil production Subscription

21 July 2014 | By

Increasing violence and shifting territories may force oil companies to cut investment

See all MEED analysis

Special Reports

Yemen

Yemen: Houthi gains shift the balance of power

28 July 2014

New competition has come from an unexpected quarter

Lebanon

Lebanon: Hopes for economic revival shattered

23 July 2014

What is urgently needed is a strong and unified leadership

Hadi al-Bahra, president, Syrian National Coalition

Syria: New leadership hopes to reinvigorate opposition

22 July 2014

Al-Assad looks in a stronger position than ever

Desalination

Power and water: Dubai leads on water reuse

17 July 2014

Several water authorities in the GCC have had to take remedial action in recent years to prevent supply shortages occurring in the summer months

See all special reports

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Gulf Projects Index

Gulf Projects Index

Iraq war weighs on Gulf index Subscription

24 July 2014

Increasing instability causes Iraq projects market to contract by $13bn

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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