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MEED
February 2006

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  • 22 dead in new Baghdad bombs

    At least 22 people were left dead on 20 February after separate bomb attacks in Baghdad. A suicide bomber killed 12 after detonating himself on a crowded bus in the Shia-dominated Kadamiya district in the north of the capital. Eight people were reported to have been injured in the attack. Another attack, on a restaurant in the northern city of Mosul, left at least five dead, including one policeman, and 21 wounded. Also, in northern Iraq, a truck convoy carrying building materials to a U
  • Aabar goes Pearl fishing

    Abu Dhabi-based Aabar Petroleum Investments Company has acquired a 48.3 per cent stake in Singapore-based oil and gas company Pearl Energy from Indonesia's Austindo Group for $417.7 million through a put-and-call option. Aabar will acquire 214 million shares in Pearl at $1.95 a share. The investment is the first in the oil and gas production and exploration business by Aabar, which was created in March 2004 (MEED 29:5:05).
  • Abbas denies Hamas Israel recognition demand

    Palestinian Authority (PA) president Mahmoud Abbas has not demanded that Hamas must recognise Israel before it forms a government, a PA official said on 1 February. Earlier, Egyptian intelligence chief Omar Sulaiman reported that Abbas had told Egyptian President Mubarak during his visit to Cairo, that he would only ask Hamas to form a new government if the organisation officially recognised Israel. The Palestinian official denied that the recognition of Israel was a precondition for the
  • Abbas invites Hamas to form the government

    Palestinian Authority (PA) president Mahmoud Abbas on 22 February formally asked Hamas to form a government. The Islamist organisation now has 35 days to appoint an administration. The group's nominee for prime minister, Ismail Haniya, will lead the government. Widely regarded as a pragmatist, Haniya rose to prominence running the office of the former spiritual guide of Hamas, Sheikh Yassin, who was killed in an Israeli air strike in 2004.Hamas began negotiations on 20 Feb
  • Abbas vows to pursue peace

    Palestinian Authority President Mahmoud Abbas vowed on 30 January to honour peace agreements with Israel. Abbas also urged foreign donors to continue giving aid to the territories, during a visit by German Chancellor Angela Merkel. 'I stressed the importance of the continuation of the continuation of financial and other types of support by the donor countries, in order that the institutions continue to function and the plan to build our independent Palestinian state is not disrupted or d
  • Abu Dhabi gas grid enters prequalification

    Prequalification has been launched by ADNOC Distribution for the first phase of the Abu Dhabi gas distribution network project. Invited companies have been given until 28 February to submit prequalifications for the engineering, procurement and construction (EPC) and operation and maintenance (O&M) works. The gas grid will initially cover Abu Dhabi island and the Mussafah industrial area, before being extended in later stages to other areas of the emirate (MEED 14:1:05).
  • Adviser on board for Qatalum power plant

    The UK's Mott MacDonald has started work as technical adviser on the captive power plant serving the first phase of the proposed Qatalum aluminium smelter at Mesaieed. The plant, which is expected to have generating capacity of 1,000-1,500 MW, will be implemented on a private basis, with an international developer joining project sponsors Qatar Petroleum (QP) and Norway's Hydro Aluminium, as well as Qatar Electricity & Water Company (QEWC), in a new project company set up to implement the sch
  • Advisers selected for Economic City IPO

    HSBC with local affiliate Saudi British Bank has been appointed financial adviser on the initial public offering (IPO) of shares in the project company under formation to implement the SR 100,000 million ($26,670 million) King Abdullah Economic City scheme. The founding shareholders are led by Dubai-based Emaar Properties and include the local Aseer Company, Saudi Binladin Group and other local and UAE investors (MEED 23:12:05).
  • Ahmadiah in a spin over 360° mall award

    The local Ahmadiah Contracting & Trading Company has been formally awarded the KD 36 million ($124 million) contract to build the 360° Kuwait mall, a project planned by the local Tamdeen Shopping Centre Development Company (TSCD).
  • Ahmadiah in a spin over 360° mall award

    The local Ahmadiah Contracting & Trading Company has been formally awarded the KD 36 million ($124 million) contract to build the 360° Kuwait mall, a project planned by the local Tamdeen Shopping Centre Development Company (TSCD).
  • Alafco signs Airbus deal

    Local Islamic aircraft leasing company Aviation Lease & Finance Company (Alafco) announced on 19 February that it had signed an initial agreement with Europe's Airbus to buy 18 new A350 aircraft, in a deal worth more than $3,000 million. Delivery of the new planes will begin in 2010. Alafco, in which Kuwait Finance House (KFH) is the main shareholder, is the first company to select the new aircraft. It first announced the deal at the Dubai Airshow last November (MEED 25:11:05).
  • ALAMIAH shoots lowest for special forces camp

    The local ALAMIAH Building Company is low bidder at KD 57.8 million ($199 million) for the contract to build and maintain a special security forces camp next to the fifth ring-road, following the opening of bids in early February. The client, the Ministry of Public Works, acting on behalf of the Defence Ministry, is expected to make an award by the end of the second quarter.
  • ALAMIAH shoots lowest for special forces camp

    The local ALAMIAH Building Company is low bidder at KD 57.8 million ($199 million) for the contract to build and maintain a special security forces camp next to the fifth ring-road, following the opening of bids in early February. The client, the Ministry of Public Works, acting on behalf of the Defence Ministry, is expected to make an award by the end of the second quarter.
  • Al-Attiya lays out Doha's ambitions

    Qatar Petroleum (QP) and its foreign partners expect to invest $70,000 million-80,000 million in the energy sector over the next five years, Second Deputy Premier and Energy & Industry Minister Abdulla bin Hamad al-Attiya said in his keynote address to the MEED Major New Energy Project Opportunities in Qatar conference on 6 February. The programme will see Qatar become by 2012 the world's biggest liquefied natural gas (LNG) and gas-to-liquids (GTL) producer and the fourth largest petrochemical p
  • Al-Futtaim signs loan for Dubai Festival City

    The local Al-Futtaim Group has signed a $131 million loan facility with National Bank of Abu Dhabi to fund the construction of a 500-apartment residential tower in the Marsa al-Khor neighbourhood of Dubai Festival City (DFC). A further three bilateral agreements are close to being finalised and the company expects to have put financing in place for all the major elements of the project by the summer, says Marwan Shehadeh, managing director of Al-Futtaim Capital.
  • Al-Gurm goes for bid

    The local ALDAR Properties has invited about five international contractors to bid by 21 February for the main buildings package on the Al-Gurm (mangrove) resort and residential complex on the western edge of Abu Dhabi island. The estimated AED 1,000 million ($272 million) project is to be implemented on a fast-track basis with completion set for 2007 (MEED 25:11:05).
  • Al-Gurm goes for bid

    The local ALDAR Properties has invited about five international contractors to bid by 21 February for the main buildings package on the Al-Gurm (mangrove) resort and residential complex on the western edge of Abu Dhabi island. The estimated AED 1,000 million ($272 million) project is to be implemented on a fast-track basis with completion set for 2007 (MEED 25:11:05).
  • Al-Jabers consolidate power

    Sheikh Sabah al-Ahmad al-Sabah, the new Kuwaiti emir, on 7 February appointed his brother as his successor. Sheikh Sabah took power following the removal by the National Assembly (parliament) of the ailing Sheikh Saad al-Abdullah al-Salem on 24 January and had been expected to appoint a member from the Al-Salem branch. The appointment of Sheikh Nawaf al-Ahmad al-Sabah, who is presently Kuwait's interior minister, as crown prince ends the tradition of alternating power between the two branch
  • All change at Ajman

    Belgium's Besix and France's Veolia have replaced the UK's Thames Water as the principal shareholders on the $140 million Ajman integrated wastewater project. Under a restructuring agreement signed on 30 January, Thames Water's 60 per cent shareholding in Ajman Sewerage (Private) Company has been split between Besix and Veolia with Besix taking a 40 per cent stake. Veolia and the government of Ajman each have a 20 per cent stake in the company while Belgium's Six Construct, an affiliate of Besix
  • Almabani has Yanbu airport job

    he local Almabani General Contractors was awarded in late January a SR 180 million ($48 million) contract to upgrade Yanbu airport. Construction will take 24 months. The client is the General Authority for Civil Aviation (GACA).
  • Almabani has Yanbu airport job

    he local Almabani General Contractors was awarded in late January a SR 180 million ($48 million) contract to upgrade Yanbu airport. Construction will take 24 months. The client is the General Authority for Civil Aviation (GACA).
  • Al-Naboodah tees off at Jumeirah Golf Estates

    The local Al-Naboodah Contracting has been awarded the estimated AED 50 million ($13.6 million) earthworks package on the Jumeirah Golf Estates development. The scope of works calls for the excavation and disposal of 3 million cubic metres of rock. The estimated $135 million project entails construction of residential communities surrounding four themed golf courses. Located near Dubai Investment Park, the scheme is expected to be completed by 2007. The consultant is the local office of KEO I
  • Al-Naboodah tees off at Jumeirah Golf Estates

    The local Al-Naboodah Contracting has been awarded the estimated AED 50 million ($13.6 million) earthworks package on the Jumeirah Golf Estates development. The scope of works calls for the excavation and disposal of 3 million cubic metres of rock. The estimated $135 million project entails construction of residential communities surrounding four themed golf courses. Located near Dubai Investment Park, the scheme is expected to be completed by 2007. The consultant is the local office of KEO I
  • Al-Naimi responds to Bush address

    Petroleum & Mineral Resources Minister Ali Naimi said on 8 February that Saudi Arabia would be prepared to sell its oil to other markets should the US not require it any longer. Al-Naimi's comments came in response to President Bush's State of the Union address on 31 January, in which he pledged to reduce by 75 per cent the amount of crude oil the US imported from the Middle East. 'What concerns us is all the talk about not wanting our oil. It's not a major bump, it is jus
  • Al-Qaeda suspect tried in Sanaa

    A man suspected of being Al-Qaeda's deputy leader in Yemen on 13 February went on trial in Sanaa, almost three years after being captured. Mohammed Hamdi al-Ahdal is charged with the responsibility for the murder of 19 security officers killed during the three-year manhunt that caught him, financing Al-Qaeda activities in Yemen and aiding an armed group. The prosecution accuses Al-Ahdal of working for former Al-Qaeda leader Qaed Senyan al-Harthi before his death in a US strike in Yemen i
  • Al-Qudra makes its mark in Abu Dhabi

    Abu Dhabi-based Al-Qudra Holdings plans to launch at least three new companies to carry out build-operate-transfer (BOT) infrastructure projects. The company will unveil 30 new ventures by May, which include construction-related businesses and an air-conditioning company. Al-Qudra was established with a capital of AED 550 million ($149.7 million) in May 2005 and has majority stakes in six existing companies involved in project management, oil and gas training and simulation, real estate, hos
  • Al-Qudra makes its mark in Abu Dhabi

    Abu Dhabi-based Al-Qudra Holdings plans to launch at least three new companies to carry out build-operate-transfer (BOT) infrastructure projects. The company will unveil 30 new ventures by May, which include construction-related businesses and an air-conditioning company. Al-Qudra was established with a capital of AED 550 million ($149.7 million) in May 2005 and has majority stakes in six existing companies involved in project management, oil and gas training and simulation, real estate, hos
  • Al-Rajhi shortens name, widens presence

    Al-Rajhi Banking & Investment Corporation has changed its name to Al-Rajhi Bank. Announcing the change at a news conference on 11 February, chief executive officer Abdullah Souleiman al-Rajhi said that the change was part of a wider rebranding which would see the bank focus on its core business and expand abroad. Al-Rajhi has a licence to operate in Malaysia and plans to open its first branch there during the second quarter of 2006 (MEED 5:11:04).
  • Al-Rayyan share rush ends

    The initial public offering (IPO) of shares in the greenfield Islamic bank Al-Rayyan closed on 29 January. Allocations remain to be finalised but the scramble to obtain shares by both local and Gulf investors indicates that the offering was many times oversubscribed.
  • Al-Ruya heads to Hamriyah

    Saudi Arabia's Al-Ruya Industries is set to issue tender documents imminently for contracts to build a greenfield integrated cement plant in Sharjah's Hamriyah Free Zone. The project is one of several planned in the federation to raise cement capacity from about 11 million tonnes a year (t/y - Construction, MEED Special Report, 3:2:06, pages 36-39). The proposed facility will see the installation of a 3.6 million-t/y clinker line and new crushing units. The estimated AED 1,500 million ($415 m
  • Al-Sadr rejects constitution

    Radical Shia cleric Moqtada al-Sadr said on 19 February that he rejected the Iraqi constitution despite being part of the Shia bloc which supports it. 'I reject this constitution which calls for sectarianism and there is nothing good in this constitution at all,' Al-Sadr told Qatar-based news channel Al-Jazeera. 'If there is a democratic government in Iraq, nobody has the right to call for the establishment of federalism anywhere in Iraq, whether it is the south, north, middle or any par
  • Al-Shafar runs the Golden Mile

    The local Al-Shafar General Contracting has been awarded the estimated AED 800 million ($218 million) main construction package for the Golden Mile project on Palm Jumeirah (MEED 23:12:05).
  • Al-Shafar runs the Golden Mile

    The local Al-Shafar General Contracting has been awarded the estimated AED 800 million ($218 million) main construction package for the Golden Mile project on Palm Jumeirah (MEED 23:12:05).
  • Alstom scoops Dubal power plant

    Dubai Aluminium (Dubal) has awarded France's Alstom the engineering, procurement and construction (EPC) contract for a new power plant to serve its Jebel Ali smelter. The estimated AED 880 million ($240 million) contract will take 12 months to complete. The scheme centres on the construction of a 430-MW combined-cycle gas-fired plant and entails the supply of two GT13ET gas turbines, three generators, a steam turbine, a heat recovery steam generator and a digital control system. The contract
  • Alujain financing signed

    The local Alujain Corporation has signed a $400 million loan agreement with a group of seven mandated lead arrangers (MLAs) to fund the construction of its planned propylene plant at Yanbu. The banks, which took unequal underwriting commitments, are Abu Dhabi Commercial Bank, Arab Banking Corporation, Banque Saudi Fransi, BNP Paribas, Samba Financial Group, Saudi Hollandi Bank and The National Commercial Bank. The tenor is 12 years. The Saudi Industrial Development Fund has also extended $100
  • Al-Wasit digs in at DIC

    The local Al-Wasit Machinery plans to build the region's first construction equipment assembly plant in Dubai Industrial City. The facility will be located in the transport equipment and parts zone and will cover an area of about 100,000 square metres. The plant will assemble and manufacture heavy machinery, equipment, and manufacture heavy and light transportation trucks.
  • Al-Zamil, Huntsman sign JV accord

    The local Al-Zamil Group and the US' Huntsman Corporation signed on 22 January a shareholders' agreement for the establishment of Arabian Amines Company, a joint venture (JV) project company to oversee the development of a $135 million ethylene amines complex in Jubail. The two companies signed a memorandum of understanding for the project last summer (MEED 1:7:05). Under the agreement, the Huntsman/Zamil team will build a 30,000-tonne-a-year (t/y) plant, which will produce ethylenediamine (EDA)
  • Al-Zour conversion job attracts only one offer

    The shortcomings of local tender regulations and the state's failure to attract international contractors to its power and water sector were again brought into focus in late January after only one bid was received for a major contract to convert the Al-Zour south power plant into combined cycle. Germany's Siemens is the sole bidder for the engineering, procurement and construction (EPC) contract to install two 250-MW steam turbines and heat recovery boilers at the 1,000-MW gas-fired plant. Lo
  • Amman presses on with rail plans

    A consortium of Canada's CPCS Transcom, Holland Rail Consult and Beirut-based Dar al-Handasah (Shair & Partners) has been awarded the contract to carry out a one-year feasibility study into modernising the kingdom's rail network and linking it to neighbouring rail systems. The client is the Transport Ministry (MEED 30:9:05). Under the proposed study's terms of reference, five railways are planned.
  • Amwal leads Ithmaar IPO

    Doha-based Amwal has been appointed sole underwriter for the Qatar tranche of the initial public offering (IPO) in Bahrain-based Ithmaar Bank, the local subsidiary of Swiss-based Dar al-Maal al-Islami Group (DMI). Under the agreement, Amwal will underwrite $40 million of the $337 million offering, which will be made up of 150 million shares priced at $2.25 each. The Ithmaar IPO represents the first step in Amwal's regional expansion (MEED 16:12:05).Amwal plans to offer its portion of the
  • Analysis: Keeping tall buildings clean

    A critical aspect of tall building design is maintenance. While it might seem mundane, the challenge of keeping a tall building clean cannot be overstated.
  • Analysis: Keeping tall buildings clean

    A critical aspect of tall building design is maintenance. While it might seem mundane, the challenge of keeping a tall building clean cannot be overstated.
  • Annan urges restraint over Iran referral

    UN Secretary General Kofi Annan on 10 February called for restraint from all sides in the row over Iran's nuclear programme. Although the International Atomic Energy Agency (IAEA) voted to report Iran to the UN Security Council, it will not complete its final report until March. Annan urged this time to be used for negotiations. 'What is important is that both sides have said negotiations are not dead and they are prepared to talk,' Annan said. 'In the meantime it would be important that
  • APC plans crystallise

    Arab Potash Company (APC) has given local and international companies until 8 March to submit expressions of interest for the contract to build a new potash cold crystallisation and compaction plant near the existing plant at Ghor al-Safi, 130 kilometres south of Amman. The scope of works is divided into civil, mechanical and electrical sections. The project involves the construction of four 30-45-metre-high main production buildings, the supply and installation of return brine pipelines, and th
  • APM wins ports concession

    Netherlands-based APM Terminals International, part of Denmark's Maersk, has been formally selected by the Finance Ministry for the 25-year concession to operate Mina Salman port and the new Khalifa bin Salman port at Hidd. The company was named preferred bidder in July (MEED 15:7:05). APM will not take over the ports until a semi-governmental authority is formed to oversee the kingdom's privatised ports sector. The government plans to shift the bulk of Mina Salman's operations to Hidd by 2008.
  • APPC debt signed

    Documentation is being drawn up on the 12-year, $450 million debt package for the Advanced Polypropylene Company (APPC) integrated propane dehydrogenation (PDH)/polypropylene (PP) facility at Jubail. Eight banks have joined the financial adviser, Gulf International Bank, which has the right to match. They are: Abu Dhabi Commercial Bank, Ahli United Bank, Arab Banking Corporation, National Commercial Bank, Riyad Bank, Samba Financial Group, Saudi British Bank and Saudi Hollandi Bank. The APPC pro
  • Arab Bank's profits jump

    Amman-based Arab Bank has reported a 53.9 per cent increase in 2005 net profits to $503.2 million, its best ever result, in headline figures released on 29 January. Returns on equity rose to 14 per cent from 10 per cent in 2004. Arab Bank launched a capital-raising process on 29 January which will take capital to JD 5,400 million ($7,606 million) from JD 3,885 million ($5,472 million). The bank is expanding its regional activities, particularly in the area of project and structured finance out o
  • Aramco evaluates Yanbu gas plant bids

    Saudi Aramco is evaluating bids from at least three companies for the contract to expand the Yanbu gas plant. The companies understood to have submitted proposals are: US-based ABB Lummus Global; Engineering for the Petroleum & Process Industries (Enppi) of Egypt; and Germany's Uhde. Eight international contractors attended a job explanation meeting in Dhahran last October. Estimated to be worth $250 million-300 million, the lump-sum turnkey (LSTK) contract calls for the installation of a new de
  • Aramco moves on export refineries

    Prequalifications were submitted on 12 February to Saudi Aramco for two tenders to carry out combined front-end engineering and design (FEED) and project management consultancy (PMC) services for the proposed new in-kingdom export refineries. The submission coincided with a strong indication that Aramco was close to selecting foreign partners to build the two facilities (MEED 27:1:06). Estimated to cost $5,000 million each, the grassroots facilities will have nameplate capacity of 400,000 bar
  • Aramco mulls options for Nuayyim

    Saudi Aramco is expected to issue a tender by early summer for the engineering, procurement and construction (EPC) contract covering the Nuayyim oil field redevelopment project. Estimated to be worth $300 million, the scheme will entail the construction of a new 75,000-barrel-a day (b/d) gas-oil separation plant (GOSP) and the revamp of pipelines and pumping stations to produce 100,000 b/d of Arab Super Light crude. A team of Australia's Clough Group with Houston-based S&B Engineers & Constru
  • Aramco to carry out Red Sea, western region surveys

    Companies are waiting for the release of tender documents by Saudi Aramco for the contract to carry out an airborne gravity seismic survey aimed at identifying probable hydrocarbons deposits over the Red Sea and parts of the western region. The companies interested in the project responded in December to an initial Aramco inquiry. Once completed by year-end and pending budget approval, the airborne survey will be followed by a tender for contracts to carry out 2D and 3D seismic studies, and e
  • Aramco to select refinery partners

    Saudi Aramco is in the final stages of selecting international partners to take equity stakes in its two in-kingdom export refineries to be built at Yanbu and Jubail 2, an extension of Jubail industrial city in the Eastern Province. The oil firm is also focusing on offshore projects to raise heavy crude production to be used as feedstock for the refinery and future power projects (MEED 25:11:05).
  • Aramco to tackle Safaniya water cuts

    Companies have responded to an initial inquiry from Saudi Aramco for an engineering, procurement and construction (EPC) contract aimed at handling increasing water cuts at the offshore Safaniya field. The respondents include Paris-based Technip and Techint, Saipem and Snamprogetti, all of Italy. The project, known as the Safaniya water disposal system upgrade, will call for the supply and installation of: a three-phase separator; a 24-inch-diameter, eight-kilometre-long pipeline; a low-pressure
  • Arig posts record profits

    Bahrain-based Arab Insurance Group (Arig) has announced net profits of $48.2 million for 2005, an 82 per cent increase on the previous year and cementing the turnaround of its business. The board of directors on 16 February recommended a cash dividend of 5 per cent of paid-up capital and a bonus share issue of one for every 10 held. During 2005, Arig completed the last of its planned divestments from retail subsidiaries with the sale of its stake in Morocco's CNIA Assurance. The firm also lau
  • Audi, EFG-Hermes move closer

    Bank Audi approved in early February at an extraordinary general assembly (EGA) meeting to raise its capital by $600 million. Cairo-based EFG-Hermes will purchase 7.5 million of Audi's new shares at a price of $60 each, worth $450 million, making it the largest single shareholder' in the Lebanese bank. Audi will offer a second tranche of 2.5 million shares to boost its shareholders' equity by another $150 million, either through an initial public offering (IPO) on the Beirut Stock Exchange (BSE)
  • Award nears on Bu Attifel

    Agip Oil is to shortlist three contractors for the estimated $49 million contract to upgrade production facilities at the Bu Attifel oil field in the east Sirte basin. An award is due by the end of the first quarter. Agip is evaluating bids from five groups: Germany's MAN Ferrostaal; Athens-based Joannou & Paraskevaides (J&P - Overseas); an Italian team of Bonatti and Those; Bentini, also of Italy; UAE-based Petrofac International; and Sicon Oil & Gas, a majority-owned affiliate of Athens-based
  • Awards due for Irancell network

    Two contracts are due to be awarded by Irancell, a consortium of local and South African companies, for the main equipment supply and installation packages for the country's second GSM network. The contracts are estimated to be worth more than $500 million in total (MEED 16:12:05).
  • Awards flow at Petro-Rabigh

    Further awards have been made on the estimated $8,500 million refining and petrochemicals project at Rabigh. Athens-based Consolidated Contractors International Company (CCC) has started work on an estimated $400 million construction subcontract for the olefins element of the development, while the local Ahmad Nassir Albinali & Sons Company has won a contract, worth SR 175 million ($47 million), for the early works package at the integrated scheme.
  • Aziz takes Haer STP

    The local Aziz Company has been selected to design and build a sewage treatment plant (STP) at Haer, south of Riyadh. The facility will have a design capacity of 400,000 cubic metres a day (cm/d), with plans to increase it to 640,000 cm/d at a later stage. The project will take 18 months to complete. Aziz' bid of SR 293.6 million ($78 million) beat off competition from four other companies (MEED 16:12:05).
  • B&V takes Baghdad consultancy work

    The UK's Black & Veatch (B&V) has been awarded a consultancy contract to review Baghdad's water supply system. The five-month study also includes preparing tender documents for the rehabilitation of water treatment plants (WTPs), adding a new process line to the Al-Rasheed WTP and improving pumping stations at Abu Nawas and Shark Dijla. B&V will also identify how to restore full capacity to the Al-Kharkh WTP, which serves about 70 per cent of the capital's population. The plant is currently o
  • Baghdad bombing leaves more than 20 dead.

    A car bomb in the Al-Doura district of Baghdad on 21 February left at least 21 dead and more than 27 wounded. The bomb exploded in the Abu Dshar market, used predominantly by Shia shoppers, and was detonated by remote control, media reports said. A number of shops and cars were also destroyed in the attack, which came on the same day that UK Foreign Secretary Jack Straw urged Iraq's politicians to leave sectarian interests aside and work towards building a nationally united government. The
  • Baghdad invites mobile prequals

    The National Communications & Media Commission (NCMC), the independent telecoms and media regulator, has invited applications for prequalification for up to four new mobile licences. The launch came after the licences of the existing three foreign operators, consortiums led by Egypt's Orascom Telecom and MTC and Wataniya Telecom, both of Kuwait, were extended in December until 30 June (MEED 2:12:05). Under the proposed schedule, interested companies must register their interest and request ap
  • Baghdad kept in the loop

    The National Communication & Media Commission (NCMC), the independent telecoms and media regulator, has received proposals via email for national and provincial licences to provide local telecommunications services. Seventeen groups were prequalified in August for the licences, which will see companies provide fixed wireless local loop (WLL) services, including voice telephony and internet services. The national licences will have a duration of 10 years with the potential for a five-year rene
  • Baghdad tenders $2bn refinery

    The Planning Department of the Oil Ministry issued for bid in late January the feasibility study and front-end engineering and design (FEED) package for the proposed 300,000-barrel-a-day (b/d) grassroots light crude refinery near Nasiriyah in the south of the country. The ministry is already evaluating initial offers from companies for two other grassroots refineries at Koya and one originally planned for Nahrain (MEED 27:6:06).
  • Bagheri dives into Lagoon

    The local Bagheri Road Contracting has been awarded a ground-levelling contract on the estimated AED 3,000 million ($817 million) Dubai Lagoon project in Dubai Investments Park (DIP). The project comprises 51 residential buildings and will cover an area of 163,000 square metres. US-based Artec Architectural & Engineering Consultants has prepared the masterplan. Local real estate developer Town Centre Management is the client (MEED 16:12:06).
  • Bagheri dives into Lagoon

    The local Bagheri Road Contracting has been awarded a ground-levelling contract on the estimated AED 3,000 million ($817 million) Dubai Lagoon project in Dubai Investments Park (DIP). The project comprises 51 residential buildings and will cover an area of 163,000 square metres. US-based Artec Architectural & Engineering Consultants has prepared the masterplan. Local real estate developer Town Centre Management is the client (MEED 16:12:06).
  • Bahwan takes TV studios job

    The local Bahwan Contracting Company has been awarded the RO 12.8 million ($32.8 million) contract to build a new television studios complex at Madinat al-Alam in Muscat. Bahwan was low bidder for the contract when prices were opened in October, followed by the UK/local Carillion Alawi. The 30-month contract entails: the construction of a three-storey studio building with a built-up area of 21,000 square metres, containing several studios and a 700-seat auditorium; construction of guard houses
  • Bahwan takes TV studios job

    The local Bahwan Contracting Company has been awarded the RO 12.8 million ($32.8 million) contract to build a new television studios complex at Madinat al-Alam in Muscat. Bahwan was low bidder for the contract when prices were opened in October, followed by the UK/local Carillion Alawi. The 30-month contract entails: the construction of a three-storey studio building with a built-up area of 21,000 square metres, containing several studios and a 700-seat auditorium; construction of guard houses
  • Banias sets deadline for bitumen bids

    Bids are due to be submitted by 22 March for a 400,000-tonne-a-year grassroots bitumen plant to be built at the Banias refinery. Prospective bidders for the estimated $10 million contract include Iran's Namvaran Engineering & Management, Prague-based TechnoExport (TEX) and Romania's Industrialexport. The client is Banias Refinery Company (BRC).
  • Bank Audi acquires Cairo Far East Bank

    Bank Audi, Lebanon's second largest bank by market capitalisation, has acquired a 100 per cent stake in Cairo Far East Bank, following the submission of the highest offer at $94.4 million. Audi offered a price of $35 a share, beating competition from four other bidders - Union National Bank, Mashreqbank, Qatar International Islamic Bank and Societe Arabe Internationale de Banque (SAIB). The transaction is the latest involving a Lebanese bank acquiring an Egyptian one - BLOM Bank last year acquir
  • Bank Muscat to advise on Seeb hotel sale

    Bank Muscat has been appointed financial adviser on the privatisation of the government-owned hotel in Seeb currently operated by Europe's Golden Tulip. Golden Tulip signed a franchise agreement with Muscat for the 177-room facility in 2004.
  • Banks post record profits, look to regional expansion

    Local banks have posted record net profits for 2005 despite a year of major political upheaval in the country. BLOM Bank stood out from the set of annual figures, recording net profits in 2005 of $136.8 million, a 50 per cent increase on 2004. Bank Audi recorded the next best year-on-year performance, with net profits for 2005 of $106.4 million, an increase of 48 per cent. Byblos Bank recorded profits of $69 million, a 28 per cent increase over the previous year. On a smaller scale, Bank of B
  • Banks withdraw

    UBS and Credit Suisse First Boston (CSFB) have said they are not seeking new business with Iran because of the countries' increased risk profile as a result of rising international pressure. The decision coincided with the Iranian government's ban on ABN Amro from operating in the Islamic Republic. In view of recent developments, London-based rating agency Fitch is expected to issue a new rating for Tehran within the next two months, although it is unclear how the international crisis will af
  • Basra boycotts British army

    The provincial council in Basra on 14 February voted to maintain a boycott of UK forces over a video apparently showing troops beating Iraqi civilians. On the same day, a crowd of hundreds marched to the Basra headquarters of the UK army, shouting for them to leave Iraq. 'The violations of the British forces have reached a point where we can't tolerate any more. They violate houses, arrest the honourable men of Basra and now the latest offences shown on television,' a council member told
  • Batelco's profits edge up

    Bahrain Telecommunications Company (Batelco) has reported a 6 per cent increase in net profits for 2005 to BD 87.5 million ($230.3 million). Gross revenues climbed by 4 per cent to BD 211.6 million ($556.8 million). Earnings per share rose to BD 0.88 ($2.32) a share from BD 0.83 ($2.18) a share and the board of directors has recommended a total annual cash dividend of BD 0.45 ($1.18) a share, in addition to a 20 per cent bonus share issue. Batelco chairman Hassan Ali Juma said that the operator
  • Beirut goes back to 94

    At least 11 international architecture firms are competing for the contract to design the planned $60 million Marfaa 94 tower, in the Beirut Central District. With a built-up area of 10,700 square metres, the 11-storey mixed-use tower will include nine residential floors, two commercial levels and three underground parking levels. Excavation work is due to start in mid-year and be completed by the end of 2009. Interested companies competing in the international design competition are understood
  • Beirut goes back to 94

    At least 11 international architecture firms are competing for the contract to design the planned $60 million Marfaa 94 tower, in the Beirut Central District. With a built-up area of 10,700 square metres, the 11-storey mixed-use tower will include nine residential floors, two commercial levels and three underground parking levels. Excavation work is due to start in mid-year and be completed by the end of 2009. Interested companies competing in the international design competition are understood
  • Bemco in front for PP9 expansion

    The local Arabian Bemco Contracting is low bidder for the engineering, procurement and construction (EPC) contract to expand by 1,200-MW the PP9 power station in Riyadh following the opening of commercial offers on 23 January. The tender was put on hold last year after the client, Saudi Electricity Company (SEC), decided to change the project's scope due to revised operational requirements (MEED 23:12:05).
  • Bidders line up for Jubail work

    The Royal Commission for Jubail & Yanbu (RCJ&Y) received bids in early February from three local contractors for the seawater facilities expansion contract linking Jubail industrial cities 1 and 2. Al-Harbi Trading & Contracting is the low bidder for the estimated SR 450 million ($120 million) project. The other bidders are Almabani General Contractors and an unidentified firm. The 30-month contract centres on mechanical works, pumps and about 14 kilometres of pipes.
  • Bidders wait on K3 pumping station

    North Oil Company (NOC) is evaluating bids from four companies for the engineering, supply and construction supervision contract for the new K3 turbo pump station at Haditha. The existing plant has been disabled for more than a year. The bidders include Germany's Siemens, Solar Turbines, a subsidiary of the US' Caterpillar Corporation, Turkey's Teknotes and a second, unidentified Turkish company. The estimated $30 million contract includes the supply of three gas turbines and associated equipmen
  • Bids due for Hassi Messaoud GOSP

    Revised technical bids are due to be submitted by the end of February for the contract to build a gas/oil separation plant (GOSP) at the giant Hassi Messaoud field in east central Algeria. Three companies - Japan's JGC Corporation, UAE-based Petrofac and Italy's Saipem - have been shortlisted for the contract following the original submission of technical bids in 2005. The contract calls for the construction of a crude stabilisation plant consisting of two 100,000-barrel-a-day trains. Commerc
  • Bids due for Marina West

    Bids have been invited by late February from about five companies for the main construction contract on the estimated $320 million Marina West project in Budaiya. Those approached are understood all to be foreign firms, among them Saudi Oger and Saudi Arabia's El-Seif Engineering Contracting Company. The scheme will consist of 11 towers, most of them residential, built over an area of about 75,000 square metres. The client is the local AAJ Holdings (MEED 11:11:05).
  • Bids due for Marina West

    Bids have been invited by late February from about five companies for the main construction contract on the estimated $320 million Marina West project in Budaiya. Those approached are understood all to be foreign firms, among them Saudi Oger and Saudi Arabia's El-Seif Engineering Contracting Company. The scheme will consist of 11 towers, most of them residential, built over an area of about 75,000 square metres. The client is the local AAJ Holdings (MEED 11:11:05).
  • Bids due for Sahara offshore blocks as new round launched

    Despite ongoing territorial disputes with Morocco, the Saharawi Arab Democratic Republic (SADR) is set to sign by early March exploration and exploitation contracts on seven of the 12 offshore oil and gas blocks included in its first international licensing round, launched last May. Tenders have also been issued for six onshore blocks (MEED 20:5:05).
  • Bids evaluated for Bul Hanine contract

    Clarifications are ongoing with about six bidders for the engineering, procurement, installation and commissioning (EPIC) contract covering three wellhead platforms at the Bul Hanine field. The contract will also include the installation of about 40 kilometres of pipeline and 23 kilometres of umbilicals. The bidders are: Iran's Saff and Iran Offshore Engineering & Construction, Malaysia's Sime Darby Group, India's Larsen & Toubro, Valentine Maritime (Gulf) with Gulf Piping Company, both Abu Dhab
  • Bids evaluated for four TangMed jobs

    The Tangier Mediterranean Special Agency (TMSA) is studying proposals from local and international companies for four contracts on the estimated $3,300 million Tangier-Mediterranean (TangMed) port project (MEED 13:01:06):
  • Bids evaluated for four TangMed jobs

    The Tangier Mediterranean Special Agency (TMSA) is studying proposals from local and international companies for four contracts on the estimated $3,300 million Tangier-Mediterranean (TangMed) port project (MEED 13:01:06):
  • Bids in for Adma-Opco pipeline PMC

    Three companies have submitted bids to Abu Dhabi Marine Operating Company (Adma-Opco) for the project management consultancy (PMC) contract on a major pipeline scheme in offshore Abu Dhabi. The firms are Australia's WorleyParsons, the US' Foster Wheeler and JP Kenney, part of the UK's Wood Group. Paris-based Technip has carried out the front-end engineering and design (FEED). A tender for the estimated $900 million engineering, procurement and construction (EPC) contract is due to be issued by e
  • Bids in for Al-Quoz

    Local developer Dubai Properties has received bids for its estimated AED 1,200 million ($326 million) accommodation scheme in the Al-Quoz area of Dubai. The project covers the construction of 25-30 eight-nine-storey residential buildings.Companies invited to bid include: Al-Ahmadiah Contracting & Trading; Al-Basti Muktha; Al-Habtoor Engineering Enterprises; Al-Nekhreh Contracting; Al-Shafar General Contracting; Arabtec Construction; ETA Ascon; Convrgnt Value Engineering; Dubai Civil Engi
  • Bids in for Al-Quoz

    Local developer Dubai Properties has received bids for its estimated AED 1,200 million ($326 million) accommodation scheme in the Al-Quoz area of Dubai. The project covers the construction of 25-30 eight-nine-storey residential buildings.Companies invited to bid include: Al-Ahmadiah Contracting & Trading; Al-Basti Muktha; Al-Habtoor Engineering Enterprises; Al-Nekhreh Contracting; Al-Shafar General Contracting; Arabtec Construction; ETA Ascon; Convrgnt Value Engineering; Dubai Civil Engi
  • Bids in for ammonia plant

    Two international companies and groups are understood to have submitted commercial and technical bids on 31 January for the contract to build the ammonia plant at the Ras al-Zour phosphate and fertiliser complex planned by Saudi Arabian Mining Company (Maaden). The bidders are: Paris-based Technip, with Denmark's Haldor Topsoe; and Germany's Uhde. An award is expected by the end of the first quarter (MEED 14:10:05).
  • Bids in for Borouge

    FEEDBids have been submitted by the US' Fluor Corporation and the US/Finnish Jacobs Neste for the front-end engineering and design (FEED) contract covering the 540,000-tonne-a-year (t/y) polyethylene (PE) and 400,000-t/y polypropylene (PP) units on the estimated $2,500 million phase 3 expansion of the Ruwais petrochemical complex. Abu Dhabi Polymers Company (Borouge) is the client. Technical bids are due in early April for the ethane cracker package on the project. The US' Foster Wheeler is carr
  • Bids in for DMC sewerage plant

    Dubai Maritime City (DMC) is evaluating proposals from at least two companies for the build-own-operate (BOO) contract to develop a sewage treatment plant (STP) serving the estimated AED 650 million ($177 million) DMC development. The bidders include Sharjah-based Metito and Palm Water, a subsidiary of local real estate developer Nakheel. The scheme covers construction of a 45,000-cubic-metre-a-day STP using a membrane bioreactor (MBR) system. The contract will have a 15-20-year concession pe
  • Bids in for DSO and DSC projects

    The local Gulf Investment Company has received bids from six local companies for mixed-use developments in Dubai Sports City (DSC) and Dubai Silicon Oasis (DSO). The bidders for both projects are: Al-Nekreh Contracting (ANC); Al-Sahel Contracting; Al-Shafar General Contracting; Dhafir Development & Contracting; a company identified as Mamzer Contracting; and United Engineering Construction (UNEC). The contracts involve the construction of four 15-storey buildings at DSC, and five five-storey bui
  • Bids in for DSO and DSC projects

    The local Gulf Investment Company has received bids from six local companies for mixed-use developments in Dubai Sports City (DSC) and Dubai Silicon Oasis (DSO). The bidders for both projects are: Al-Nekreh Contracting (ANC); Al-Sahel Contracting; Al-Shafar General Contracting; Dhafir Development & Contracting; a company identified as Mamzer Contracting; and United Engineering Construction (UNEC). The contracts involve the construction of four 15-storey buildings at DSC, and five five-storey bui
  • Bids in for East-West highway

    Bids were submitted in late January for three concession contracts to carry out construction work on the remaining 930 kilometres of the planned 1,216-kilometre East-West highway. Relaunched in June 2005, the highway will link the borders with Tunisia and Morocco across the north of the country. Commercial bids are due to be opened by the end of March.
  • Bids in for East-West highway

    Bids were submitted in late January for three concession contracts to carry out construction work on the remaining 930 kilometres of the planned 1,216-kilometre East-West highway. Relaunched in June 2005, the highway will link the borders with Tunisia and Morocco across the north of the country. Commercial bids are due to be opened by the end of March.
  • Bids in for Jebel Ali port infrastructure

    Two companies have submitted bids for the estimated $200 million-250 million infrastructure package on the Jebel Ali new container terminal project. The bidders are the local/UK Dutco Balfour Beatty and South Korea's Hyundai Engineering & Construction Company. The stage 1 upland facilities package calls for the installation of 1.4 million square metres of concrete block paving, 44,000 square metres of asphalt pavement, 25,000 metres of crane rails, 2,500 tonnes of structural steelwork, 7,500 con
  • Bids in for Jebel Ali port infrastructure

    Two companies have submitted bids for the estimated $200 million-250 million infrastructure package on the Jebel Ali new container terminal project. The bidders are the local/UK Dutco Balfour Beatty and South Korea's Hyundai Engineering & Construction Company. The stage 1 upland facilities package calls for the installation of 1.4 million square metres of concrete block paving, 44,000 square metres of asphalt pavement, 25,000 metres of crane rails, 2,500 tonnes of structural steelwork, 7,500 con
  • Bids in for Khurais work

    Bids are under evaluation for the first main pump package on the Khurais oil increment programme. Worth $300 million-400 million, bidders for the lump-sum turnkey (LSTK) contract include Canada's SNC Lavalin and Techint, Snamprogetti and Saipem, all of Italy. Known as the Ain Dar water injection pumps station (WIPS-1), the contract includes the supply and installation of two pump trains and a seawater injection pump train, plus related facilities (MEED 3:2:06).
  • Bids in for magnesite EPCM contract

    Four companies submitted technical and commercial bids in late January for the estimated $35 million engineering, procurement and construction management (EPCM) contract covering the development of magnesite deposits in Yanbu. They are: Oslo-based Aker Kvaerner; the US' Mustang Engineering; Australia's WorleyParsons; and Canada's SNC Lavalin. The client on the development is Saudi Arabian Mining Company (Maaden - MEED 6:1:06).
  • Bids in for Palm replenishment works

    Bids are under evaluation at Dubai-based Nakheel for beach replenishment works on Palm Jumeirah. The bidders include Belgium's Jan de Nul Dredging and Van Oord Gulf of the Netherlands. The scheme involves the dredging of about 15 million cubic metres and will repair beaches damaged by trucks during the construction of apartments on the island's trunk and villas on the fronds.
  • Bids in for Palm replenishment works

    Bids are under evaluation at Dubai-based Nakheel for beach replenishment works on Palm Jumeirah. The bidders include Belgium's Jan de Nul Dredging and Van Oord Gulf of the Netherlands. The scheme involves the dredging of about 15 million cubic metres and will repair beaches damaged by trucks during the construction of apartments on the island's trunk and villas on the fronds.
  • Bids in for transport study

    The local Al-Khanaan is low bidder at BD 128,000 ($337,000) for a contract to study the development of an intelligent transport system (ITS) to be implemented across the kingdom. Al-Khanaan's price is less than half the next lowest offer of BD 379,000 ($997,000) which came from the UK's Hyder Consulting. The other bidders are Parsons International and Wilbur Smith & Associates, both of the US. The 15-month contract is due to be completed by mid-2007 and the study will look at the existing aut
  • Bids in for water pipeline

    Kuwait Controls Company (KCC) is low bidder at KD 12.4 million ($42.8 million) for the contract to build a fresh water pipeline between the Mina Abdulla water distribution complex and the water storage complexes at West Funaitees and Al-Zour. The low bid was marginally below the offer of KD 12.5 million ($43.1 million) submitted by the local Shaheen Alghanim Roads & Bridges and the local Mushrif Trading & Contracting at KD 12.7 million ($43.8 million). The engineering, procurement and constru
  • Bids invited for Dammam port dredging

    Bids have been invited by 17 February for the estimated $150 million dredging and reclamation contract on the expansion of King Abdulaziz Port in Dammam. The client is Saudi Ports Authority (SPA - MEED 27:1:06). The contract calls for the dredging of about 23 million cubic metres of material involving channel access, turning circle and basin. Prospective bidders include the local Huta-Sete, Geneva-registered Archirodon Construction (Overseas) with the Netherlands' Royal Boskalis, Belgium's Va
  • Bids invited for Dammam port dredging

    Bids have been invited by 17 February for the estimated $150 million dredging and reclamation contract on the expansion of King Abdulaziz Port in Dammam. The client is Saudi Ports Authority (SPA - MEED 27:1:06). The contract calls for the dredging of about 23 million cubic metres of material involving channel access, turning circle and basin. Prospective bidders include the local Huta-Sete, Geneva-registered Archirodon Construction (Overseas) with the Netherlands' Royal Boskalis, Belgium's Va
  • Bids invited for Durrat infrastructure

    Bids have been invited by 28 February for the first infrastructure package on the Durrat al-Bahrain resort. The work covers Petal 1 and Atols 1 and 2 and includes roads, water supply systems, substations and sewerage networks. The tender represents a change in strategy by the client, a joint venture (JV) of Kuwait Finance House (KFH) and the Finance Ministry, which had originally signalled its intention to tender the resort infrastructure as a single package. Contracts to build the villas on
  • Bids invited for Durrat infrastructure

    Bids have been invited by 28 February for the first infrastructure package on the Durrat al-Bahrain resort. The work covers Petal 1 and Atols 1 and 2 and includes roads, water supply systems, substations and sewerage networks. The tender represents a change in strategy by the client, a joint venture (JV) of Kuwait Finance House (KFH) and the Finance Ministry, which had originally signalled its intention to tender the resort infrastructure as a single package. Contracts to build the villas on
  • Bids invited for new cement plant

    Tenders are due to be issued in February for the 24-month turnkey construction contract to develop a 1 million-tonne-a-year greenfield cement plant at Djelfa in the Ouled Nail mountains south of Algiers. The estimated $200 million project is being developed by Saudi-Algeria Cement Company, a consortium of private investors from Algeria and Saudi Arabia formed in January. Saudi Arabia's Prince Sultan Ibn Mohamed Ibn Saud al-Kabir, president of the Damascus-based Arab Union for Cement & Building M
  • Bids studied for Shaybah expansion

    Bids were submitted on 4 February to Saudi Aramco for the two main packages, worth a total of about $1,500 million, on the Shaybah oil field expansion project. The scheme is aimed at increasing the field's output by at least 250,000 barrels a day (b/d) to about 800,000 b/d of extra Light Arabian crude (MEED 23:12:05). Bidders for the larger of the two packages, worth an estimated $1,000 million, include: a US/South Korean team of Foster Wheeler and Hyundai Engineering & Construction Company;
  • Big Apple bank looks to take a bigger bite

    Bank of New York is considering boosting the size of its GCC office in Abu Dhabi in response to the growth of its regional business. 'We've seen a significant increase in revenue from the Gulf and should commit more resources to the region,' chief executive officer Thomas Renyi told MEED on 21 February in Dubai. About 10 per cent of the bank's revenue is generated across Eastern Europe, Middle East and Africa. 'We sense in the Gulf that local capital markets have become very active and there
  • Biotechnology: Brave new worlds

    Religion is often perceived as a stumbling block for scientific progress. But when it comes to medical research, Abdulqader al-Khayat disagrees. 'It opens opportunities and creates a better environment for conducting research,' says the executive director of Dubai-based Biotechnology & Research Park (Dubiotech).
  • Bird flu undermines the health of the region

    The Iraqi Health Ministry on 17 February confirmed reports that a man in northern Iraq was killed by the deadly H5N1 strain of the bird flu virus. The man died 10 days after his nephew, who had contracted the virus after coming into contact with infected birds. The deaths, near the Turkish border, provoked a programme of bird culling by the authorities. On the same day, Cairo confirmed that officials from the UN and the World Health Organisation (WHO) had detected cases of
  • BOOK REVIEW: Cooking up a storm

    It is tempting to wonder how differently things would have turned out if, following the Iraqi invasion of Kuwait in 1990, the Saudi government had momentarily taken leave of its senses and accepted Osama bin Laden's offer to set up a militia of battle-hardened jihadis, fresh from Afghanistan, to protect the kingdom's northern borders. Would 9/11 have ever occurred? Might the terror of the Western world have been thanked for services rendered and quietly pensioned off to a quiet retreat in Jed
  • Brotherhood begins Hamas fundraising mission

    The Muslim Brotherhood announced on 20 February the launch of a worldwide fundraising effort for the new Hamas-led Palestinian Authority (PA). The move from the Islamist organisation, which has branches and affiliated groups in 86 countries, comes as US Secretary of State Condoleezza Rice embarked on a regional tour to urge Arab countries to withhold their support from Hamas. 'This is an injustice and an attempt to impose a blockade on the Palestinians,' the supreme leader of the Brotherhoo
  • Building a Red Sea economy on trade and investment

    For thousands of years, the Red Sea was the principal highway between the Mediterranean and the lands of Africa, Arabia and the Far East. Ancient Egyptians sailed its waters. Greek sailors learned how to navigate its reefs and use monsoon winds to sail to India and back. Marco Polo returned to Venice through the Red Sea. It was the first coffee route from south Arabia and the Horn of Africa to markets in the north. The opening of the Suez Canal in 1869 was the start of a new era, but long-dis
  • Bus crash in Egypt leaves 14 dead

    A bus crash in southern Egypt on 31 January left 14 tourists dead and wounded another 30. The tourists, most of whom were from Hong Kong, were travelling to the southern Nile city of Luxor when their bus overturned. Earlier in January, six Australian tourists were killed and 24 left wounded after a similar incident on the Cairo-Alexandria motorway.
  • Bush backs DP World bid

    US President George Bush threatened on 21 February to veto any moves to block DP World from taking control of six ports in the US as part of its acquisition of the UK's P&O. 'It would send a terrible signal to friends and allies not to let this transaction go through,' he said. Bush's intervention came after a group of senators vowed to push through legislation preventing DP World from taking control of the ports due to security concerns. The senators object to the company's takeover on the grou
  • Byblos lists all locally

    Byblos Bank is expected to list all of its shares on the Beirut Stock Exchange (BSE) by the end of the first quarter. 'From our side, everything is ready,' says head of capital markets and private banking Fayez Elhajj. 'We are listing to increase the liquidity of the stock and for full transparency and are waiting for the BSE to decide the exact date.' A third of the bank's common, private and preferred shares are already traded on the exchange and in mid-January, the bank's general assembly
  • Cairo, Riyadh revive landmark bridge project

    The Saudi and Egyptian governments are expected to issue soon a feasibility study tender for the estimated $3,000 million bridge across the Straits of Tiran linking the two states. Several regional banks, investors and contractors including Saudi Aramco, Saudi Binladin Group and Kuwait's Kharafi Group have already expressed interest in participating in the landmark project, for which construction is due to start in 2007 with completion set for 2011. It is understood that a management team has
  • Cairo, Riyadh revive landmark bridge project

    The Saudi and Egyptian governments are expected to issue soon a feasibility study tender for the estimated $3,000 million bridge across the Straits of Tiran linking the two states. Several regional banks, investors and contractors including Saudi Aramco, Saudi Binladin Group and Kuwait's Kharafi Group have already expressed interest in participating in the landmark project, for which construction is due to start in 2007 with completion set for 2011. It is understood that a management team has
  • Calyon arranges Oger loan

    Syndication has been launched of a $700 million amortising term loan for Saudi Oger. Calyon is acting as financial adviser and initial mandated lead arranger. Invitations to join the deal have been sent to a wide range of banks in the Middle East, Europe and Asia. The tenor is five years with an average life of 3.25 years and the funds will be used primarily that will refinance a $360 million loan taken out in January 2004 to finance the acquisition by Saudi Oger of additional shares in Arab
  • Canal Point planned

    Local investment house Istithmar is planning an estimated AED 2,500 million ($681 million) development in the Jumeirah Lakes area of Dubai. Known as Canal Point, the project will involve the construction of about four 50-80-storey residential and office towers and a hospital. US-based Burt Hill is the architect.
  • Canal Point planned

    Local investment house Istithmar is planning an estimated AED 2,500 million ($681 million) development in the Jumeirah Lakes area of Dubai. Known as Canal Point, the project will involve the construction of about four 50-80-storey residential and office towers and a hospital. US-based Burt Hill is the architect.
  • Cartoon riots escalate

    Protests turned violent in the Afghan town of Qalat on 8 February, leaving at least four dead and 20 injured after police fired into a crowd as it marched towards a US military base. The incident brought to 11 the number killed in demonstrations against the cartoons, which depicted the Prophet Mohammed and were originally published in Demark.On the same day, a team of 60 international monitors in Hebron announced they were temporarily leaving the West Bank after their offi
  • CBE approves EAB sale

    The Central Bank of Egypt (CBE) has approved the sale of Egyptian American Bank (EAB) to Calyon. Under the transaction, Calyon has acquired 33.8 per cent of the shares previously held by Bank of Alexandria (BoA) and 40.8 per cent by American Express Bank. Calyon is expected to complete the acquisition of the remaining shares from smaller investors within weeks. The bank offered a price of £E 45 ($7.80) a share, in a deal worth a total of £E 2,916 million ($508 million). At the end of 2004, EA
  • CBK to issue subordinated debt

    Citigroup and Credit Suisse First Boston have been mandated to arrange a subordinated debt issue for Commercial Bank of Kuwait (CBK), likely to be worth $250 million. Several GCC banks have recently staged issues of the instrument, among them Ahli United Bank and Gulf International Bank, and more are expected to do so in 2006 in preparation for compliance with Basel II's capital adequacy requirements. CBK is currently negotiating with other shareholders in Bank of Bahrain & Kuwait to acquire a c
  • CCC takes Olefins II cracker construction work

    Athens-based Consolidated Contractors International Company (CCC) has started mobilising on the $110 million construction subcontract covering the new ethylene cracker at the Olefins II petrochemical complex in the Shuaiba industrial area. The subcontract was placed by Paris-based Technip, which won the engineering, procurement and construction (EPC) contract to build the 850,000-tonne-a-year cracker last year (MEED 1:7:05).
  • Cebarco/WCT to build Seef city centre mall

    A team of the local Cebarco with Malaysia's WCT has been awarded the main construction contract on the Bahrain City Centre mall, being developed close to Seef by Dubai-based Majid al-Futtaim Investments. The contract value is understood to be about BD 155 million ($419 million), considerably higher than the client's original budget.Four groups were originally in the running for the contract, but the race came down to the local/Malaysian team and a joint venture (JV) of the local Nass Con
  • Cebarco/WCT to build Seef city centre mall

    A team of the local Cebarco with Malaysia's WCT has been awarded the main construction contract on the Bahrain City Centre mall, being developed close to Seef by Dubai-based Majid al-Futtaim Investments. The contract value is understood to be about BD 155 million ($419 million), considerably higher than the client's original budget.Four groups were originally in the running for the contract, but the race came down to the local/Malaysian team and a joint venture (JV) of the local Nass Con
  • Cement capacity to double

    The General Organisation for Cement & Building Materials (GOCBM) has invited expressions of interest from international firms for the build-operate-transfer (BOT) contract to expand and upgrade five local cement companies. This is the first time that private companies have been invited to become involved in the local cement sector. GOCBM is tendering the 15-year BOT contracts in two batches. Interested companies have been given until 27 February to submit technical and commercial proposals fo
  • Cement: A precious commodity

    With no end in sight to the oil-fuelled construction boom, cement is becoming a precious commodity and investors are rushing to rack up production.
  • Cement: A precious commodity

    With no end in sight to the oil-fuelled construction boom, cement is becoming a precious commodity and investors are rushing to rack up production.
  • ChevronSasol thinks twice about GTL

    The US' ChevronSasol is unlikely to bid for the estimated $2,500 million integrated gas-to-liquids (GTL) project to be set up at Tinhert. Three bidders were shortlisted in late 2005 for the development of the scheme, following the submission of technical bids. The others are the Royal Dutch/Shell Group and a consortium of South Africa's Petro SA with Norway's Statoil and the Anglo-Australian BHP Billiton. Commercial bids are due in June. The client is state energy company Sonatrach. 'We are a
  • Chinese set for Sanaa T3

    China's Beijing Urban Construction Investment Development Company has resumed contract negotiations with the Civil Aviation & Meteorological Authority to carry out the third terminal project at Sanaa International Airport. The Chinese contractor was low bidder at $114 million when prices were opened in mid-2005, ahead of Saudi Binladin Group at $134 million. The contract covers the addition of a 65,000-square-metre terminal building (MEED 23:9:05). Designs are almost complete by Beirut-based Dar
  • Chinese set for Sanaa T3

    China's Beijing Urban Construction Investment Development Company has resumed contract negotiations with the Civil Aviation & Meteorological Authority to carry out the third terminal project at Sanaa International Airport. The Chinese contractor was low bidder at $114 million when prices were opened in mid-2005, ahead of Saudi Binladin Group at $134 million. The contract covers the addition of a 65,000-square-metre terminal building (MEED 23:9:05). Designs are almost complete by Beirut-based Dar
  • Churches hit in Iraq blasts

    Muslim and Christian leaders in Iraq on 31 January condemned the co-ordinated bombing of four churches and the Vatican mission to Iraq. The bomb attacks on 29 January, three of which occurred in Baghdad and two in the northern city of Kirkuk, killed three people and left at least nine wounded. There has been no claim of responsibility for the attacks.'We denounce these assaults because they lead to more divisions, arouse hatred among the Iraqi people and defame Islam and M
  • Club arranges Khalidiya hotel finance

    A three-strong bank group of Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank and National Bank of Abu Dhabi has arranged a 13-year, AED 160 million ($43.5 million) club financing for the demolition and reconstruction of the Khalidiya hotel in Abu Dhabi. Bids are due in mid-February for the main construction contract on the estimated $200 million scheme. Known as the Khalidiya Rotana hotel and residences, the project will comprise four towers. The client is a private developer (MEED 6:1:06).
  • Coast to coast

    When the bulldozers stopped roaring and the last few metres of asphalt were laid this winter on a new motorway link through the coastal mountains of the Hijaz, it completed not just a fast new connection to Medina but also one of Saudi Arabia's biggest ever infrastructure projects.
  • Commercial bids due for common sea cooling

    Qatar Petroleum (QP) has set a commercial bid closing date of 6 February for the engineering, procurement and construction (EPC) contract on the expansion of the Ras Laffan common seawater cooling project. Bidders for the contract include Athens-based Consolidated Contractors International Company (CCC), Japan's Marubeni Corporation with Turkey's Gama, India's Dodsal, and South Korea's Doosan Heavy Industries & Construction with Abu Dhabi's Al-Jaber Energy Services. The estimated $400 million-50
  • Construction: Squaring up to the second boom

    Samer Arafa has two spreadsheets on his desk. The first is the bid slate highlighting the tendering schedule for various upcoming civil and infrastructure tenders in the kingdom, while the second is the daily local stock market report.
  • Consultant selected for telecoms liberalisation

    A consortium led by Arthur D Little has been awarded a contract by the Communications & Information Technology Commission (CITC) to advise on the further liberalisation of the telecoms and IT sector. The mandate will focus on the award of new fixed-line and mobile licences. A series of public consultations are planned with the aim of tendering and awarding new licences by the end of the year. The move follows the award of the kingdom's second GSM licence to a consortium led by Emirates Teleco
  • Consultants compete for regional gateway study

    Local and international consultants have until 23 March to submit technical and commercial proposals for the contract to advise the State Planning Commission on a transport masterplan aimed at developing the country into a regional gateway. Shortlisted companies include: the UK office of Germany's BMT Transport Solutions with Greece's Transeuropean Consultants for Transport, Development & Information Technology (TREDIT) and France's NESTEAR; the French office of Louis Berger with France's AXIS;
  • Consultants gear up for eighth ring-road

    International consultants are preparing to submit proposals by 21 February for the contract to design the long-awaited eighth ring-road project. An award is also awaited for the design consultancy contract on the completion of the fifth ring-road. The client on both projects is the Ministry of Public Works (MPW). Invited companies for the eighth ring-road include: Stanley Consultants and Parsons Brinckerhoff, both of the US; DHV International (UK); Denmark's COWI; Germany's Dorsch Consult; and M
  • Consultants gear up for eighth ring-road

    International consultants are preparing to submit proposals by 21 February for the contract to design the long-awaited eighth ring-road project. An award is also awaited for the design consultancy contract on the completion of the fifth ring-road. The client on both projects is the Ministry of Public Works (MPW). Invited companies for the eighth ring-road include: Stanley Consultants and Parsons Brinckerhoff, both of the US; DHV International (UK); Denmark's COWI; Germany's Dorsch Consult; and M
  • Contractors line up for GTL core contracts

    Contractors submitted revised commercial bids on 14 February for two major mechanical, electrical and instrumentation (MEI) and civils packages covering the core element of the Pearl gas-to-liquids (GTL) project in Ras Laffan. The contracts are worth a total of $500 million. Called MC 1 and MC 2, the contracts cover the main process plant (GTL area) and offsites and utilities (flare area) of the project (MEED 7:10:05). The bidders include Athens-based Consolidated Contractors International Co
  • Contractors prepare for Al-Zour refinery

    State refinery operator Kuwait National Petroleum Company (KNPC) is understood to have completed prequalification for the four main packages on its 615,000-barrel-a-day (b/d) grassroots new refinery project (NRP) at Al-Zour. The shortlist has been sent to the Energy Ministry and the Council of Ministers (cabinet) for final approval, with tendering set to start as soon as the go-ahead is given (MEED 19:8:05).
  • Coping with material shortages and capacity constraints

    Every three years the global construction industry converges on Munich for Bauma - the world’s largest equipment fair. In 2007, the exhibition will focus specifically on the Middle East. While the event may not be of great importance to those working on the region’s many building sites, it does highlight one key fact. The Middle East is now an integral part of the global construction industry.
  • Coping with material shortages and capacity constraints

    Every three years the global construction industry converges on Munich for Bauma - the world’s largest equipment fair. In 2007, the exhibition will focus specifically on the Middle East. While the event may not be of great importance to those working on the region’s many building sites, it does highlight one key fact. The Middle East is now an integral part of the global construction industry.
  • Cover Story: Interview, Prince Saud al-Faisal: Returning to form

    audi Arabia is back on the offensive. After a troubled period which has seen the kingdom roundly criticised by foreign governments on everything from human rights to terrorism, Riyadh has rediscovered its voice. And its arguments are compelling. In less than two years, the government has quelled a homegrown militant campaign and helped tear up terrorist funding networks by the roots. It has overhauled its education system, successfully countered religious extremism and got to grips with socia
  • CPCS to advise on Amman-Zarqa line

    Canada's CPCS Transcom has won the $100 million build-own-operate-transfer (BOOT) contract for a 26-kilometre light railway between Amman and the industrial city of Zarqa. Seven international companies were shortlisted for the contract. The twin-track electric railway will be built on the route of the existing Hijaz railway between Al-Mahatta station in Amman and Zarqa New Garden City. The client - the Public Transport Regulatory Commission - estimates that the new system will carry about
  • CREC piles into Zabeel mall

    China Railway Engineering Corporation (CREC) has been awarded the piling package on the estimated AED 550 million ($150 million) Zabeel Mall project next to Al-Wasl sports club in Dubai. Once complete, the mall will have a built-up area of 40,000 square metres. The local Al-Hatmy Design & Engineering Consultancy is the consultant and the local Dubai Eye Investment Company is the client (MEED 11:11:05).
  • CREC piles into Zabeel mall

    China Railway Engineering Corporation (CREC) has been awarded the piling package on the estimated AED 550 million ($150 million) Zabeel Mall project next to Al-Wasl sports club in Dubai. Once complete, the mall will have a built-up area of 40,000 square metres. The local Al-Hatmy Design & Engineering Consultancy is the consultant and the local Dubai Eye Investment Company is the client (MEED 11:11:05).
  • Crowds gather to remember Hariri

    Thousands of people gathered in Martyr's Square, Beirut on 14 February to commemorate the first anniversary of the assassination of former Lebanese prime minister Rafiq Hariri, who is buried there. Saad Hariri, the son of Rafiq, urged 'all Lebanese to adopt a historic position of unity'. However, supporters of Hezbollah and those of Christian politician Michel Aoun are not taking part in the anniversary marches, media reports said. Both groups claim Hariri's death has been politicised.
  • Czechs head for Baiji

    North Refineries Company (NRC) has awarded a Czech consortium led by Prague-based Chemoprojekt a $28 million engineering, procurement and construction (EPC) contract to build a 19,660-barrel-a-day isomerisation unit at its Baiji refinery. Work on the 29-month contract is expected to begin in the second half of the year (MEED 21:10:05).
  • Damascus switches from dollars to euros

    Damascus announced on 13 February that it has switched all of the state's foreign currency transactions from US dollars to euros. 'The decision comes into effect immediately and affects all public transactions,' says a senior Finance Ministry official. The Central Bank of Syria has stopped using dollars for imports, exports and letters of credit.The decision has been taken in light of Damascus' deteriorating political relationship with Washington and in order to make foreign assets more
  • Damascus to restore full diplomatic ties with Baghdad

    Syria announced on 3 February that it will restore full diplomatic relations with Iraq once a government has been formed. 'There will be an exchange of ambassadors between Damascus and Baghdad and an exchange of delegations for collaboration in politics, security, economics and business,' Foreign Minister Farouk al-Shara said. Diplomatic ties between the countries ended after Syria supported Iran during the 1980-88 Iran-Iraq war.
  • Dammam set for BOOT-led port expansion

    The Saudi Ports Authority (SPA) is preparing to release by the end of 2006 tender documents for the construction of a new container terminal at King Abdul- Aziz Port in Dammam on a build-own-operate-transfer (BOOT) basis. The project will add further capacity at the port, which is being expanded to handle 1.9 million 20-foot equivalent units (TEUs) from the existing 840,000 TEUs. The planned new terminal will cost an estimated SR 500 million-700 million ($133 million-187 million) to build and
  • Dana Gas goes Islamic

    Sharjah's Dana Gas is inviting international and regional financial institutions to submit proposals to advise on its conversion to a sharia-compliant institution. Shareholders are understood to have requested the switch. The process will involve the restructuring of its accounting and auditing procedures, treasury activities, investment funds and financing. 'They should encounter relatively few problems compared to the conversion of a financial institution,' says a Bahrain-based Islamic fina
  • Darfur rebels urged to make peace deal

    Rival factions from Sudan's Darfur region came under pressure on 3 February from international mediators to agree a peace agreement with Khartoum. So far the rival factions - the Sudanese Liberation Movement (SLM) and the Justice & Equality Movement (JEM) - have negotiated under a united mandate in the peace talks in Nigeria, but now splits between them threaten to slow down the entire peace process, according to media reports. 'We cannot continue to negotiate forever. Divisions in the r
  • Darwish selected for residential tower

    The local Darwish Engineering has been selected for the estimated AED 230 million ($62 million) main construction package on a 51-storey residential tower project in Sharjah's Al-Khan area. The turnkey package involves all construction works, including foundations. The local Al-Bahar is the architect. The client is an Abu Dhabi-based private developer.
  • Darwish selected for residential tower

    The local Darwish Engineering has been selected for the estimated AED 230 million ($62 million) main construction package on a 51-storey residential tower project in Sharjah's Al-Khan area. The turnkey package involves all construction works, including foundations. The local Al-Bahar is the architect. The client is an Abu Dhabi-based private developer.
  • DEL gas link moves on

    Abu Dhabi-based Dolphin Energy (DEL) announced on 22 February the receipt of technical bids for two engineering, procurement and construction (EPC) contracts covering the upgrade and modification of the eastern gas distribution system (EGDS) in the emirate. Four companies participated in the larger of the two tenders, called East & West EPC works. They are: Paris-based Technip, with the local Al-Jaber Energy Services; Athens-based Consolidated Contractors International Company (CCC); India's
  • Demand for construction equipment leads to plant growth

    The latest wave of prestige real estate developments across the Gulf has given the region's already-robust plant market an extra boost.
  • Demand for construction equipment leads to plant growth

    The latest wave of prestige real estate developments across the Gulf has given the region's already-robust plant market an extra boost.
  • Design consultants sought for highways

    Three local consultants Arabtech-Jardaneh, Consolidated Consultants and Engicon, are preparing to submit commercial proposals by 25 October for the design contracts on two highway projectstotalling $36.5 million. The first contract, worth $8.5 million, covers the upgrade of an 8-kilometre stretch of the Amman-Jerash highway at the entrance to Jerash, in the north. The second contract is for the upgrade of the 33-kilometre highway from Salt in the north east to Wadi Shouaib,
  • Design consultants sought for highways

    Three local consultants Arabtech-Jardaneh, Consolidated Consultants and Engicon, are preparing to submit commercial proposals by 25 October for the design contracts on two highway projectstotalling $36.5 million. The first contract, worth $8.5 million, covers the upgrade of an 8-kilometre stretch of the Amman-Jerash highway at the entrance to Jerash, in the north. The second contract is for the upgrade of the 33-kilometre highway from Salt in the north east to
  • Design consultants sought for highways

    Three local consultants Arabtech-Jardaneh, Consolidated Consultants and Engicon, are preparing to submit commercial proposals by 25 October for the design contracts on two highway projectstotalling $36.5 million. The first contract, worth $8.5 million, covers the upgrade of an 8-kilometre stretch of the Amman-Jerash highway at the entrance to Jerash, in the north. The second contract is for the upgrade of the 33-kilometre highway from Salt in the north east
  • Design consultants sought for highways

    Three local consultants Arabtech-Jardaneh, Consolidated Consultants and Engicon, are preparing to submit commercial proposals by 25 October for the design contracts on two highway projectstotalling $36.5 million. The first contract, worth $8.5 million, covers the upgrade of an 8-kilometre stretch of the Amman-Jerash highway at the entrance to Jerash, in the north. The second contract is for the upgrade of the 33-kilometre highway from Salt in the north east
  • Design consultants sought for highways

    Three local consultants Arabtech-Jardaneh, Consolidated Consultants and Engicon, are preparing to submit commercial proposals by 25 October for the design contracts on two highway projectstotalling $36.5 million. The first contract, worth $8.5 million, covers the upgrade of an 8-kilometre stretch of the Amman-Jerash highway at the entrance to Jerash, in the north. The second contract is for the upgrade of the 33-kilometre highway from Salt in the north east to
  • Design consultants sought for highways

    Three local consultants Arabtech-Jardaneh, Consolidated Consultants and Engicon, are preparing to submit commercial proposals by 25 October for the design contracts on two highway projectstotalling $36.5 million. The first contract, worth $8.5 million, covers the upgrade of an 8-kilometre stretch of the Amman-Jerash highway at the entrance to Jerash, in the north. The second contract is for the upgrade of the 33-kilometre highway from Salt in the north east to
  • Deutag to drill deep

    The local South Rub al-Khali (SRAK) Company has awarded an estimated $20 million-25 million contract to KCA Deutag Drilling, part of the UK's Abbot Group, to drill three exploratory wells at its concession area in the Rub al-Khali (Empty Quarter) basin. The first wildcat well is targeted to be spudded on 1 May at Isharat in block 6, to a depth of 15,000 feet. The second well, to be drilled to depths of 18,000 feet, will be located at Al-Mirtan in block 7. Drilling is due to start in September
  • Dhafir scales 41-storey Liwa Heights package

    The local Dhafir Development & Contracting has been awarded the estimated AED 175 million ($48 million) main construction package on the Liwa Heights tower project in Jumeirah Lake Towers (JLT). The 24-month contract calls for the construction of a 41-storey residential tower and a retail podium. Abu Dhabi-based APCC is carrying out the piling works. The developer is the local Maysan Real Estate Investment Company. The design and project manager is Northcroft Middle East, the local affiliate
  • Dhafir scales 41-storey Liwa Heights package

    The local Dhafir Development & Contracting has been awarded the estimated AED 175 million ($48 million) main construction package on the Liwa Heights tower project in Jumeirah Lake Towers (JLT). The 24-month contract calls for the construction of a 41-storey residential tower and a retail podium. Abu Dhabi-based APCC is carrying out the piling works. The developer is the local Maysan Real Estate Investment Company. The design and project manager is Northcroft Middle East, the local affiliate
  • DIC plans international investment fund

    Dubai International Capital (DIC), the international investment arm of Dubai Holding, is planning to establish a $15,000 million international investment fund, DIC chief executive officer Sameer al-Ansari announced on 26 January at the World Economic Forum in Davos. Talks are under way between DIC and four international partners. The five will invest up to $3,000 million in the fund - with DIC contributing the most. The vehicle will invest in leading global companies. DIC is expanding its invest
  • DIC plans investment fund

    Dubai International Capital (DIC), the international investment arm of Dubai Holding, is in negotiations with four partners to set up a $15,000 million investment fund to target international investments, Bloomberg reported on 26 January. DIC and its partners plan to invest up to $3,000 million themselves, with the remainder to be borrowed. A launch of the fund, which is expected to invest in the world's top 100 companies, could come as early as April, DIC chief executive officer Sameer
  • DIFC membership grows

    The Dubai Financial Services Authority has granted a licence to The National Investor (TNI) to operate in the Dubai International Financial Centre (DIFC). TNI is the first UAE-based investment bank to join the DIFC. The bank will continue its local activities in tandem with its DIFC operations, which are expected to begin at the end of the first quarter of 2006. It also plans to become a member of the Dubai International Financial Exchange (DIFX). Barclays Capital became the sixth member of t
  • DIFC numbers swell

    Dubai Financial Services Authority (DFSA) has licensed NBK Capital, the investment and merchant banking subsidiary of National Bank of Kuwait, to operate in the Dubai International Financial Centre (DIFC). DFSA has also licensed Austria's futures fund manager Superfund Investment Group, which will open its first office in the Middle East in the DIFC.
  • DIFC turns attention to local firms

    Start-up companies can now apply for licences to operate within the Dubai International Financial Centre (DIFC). The decision marks a change in policy for Dubai Financial Services Authority (DFSA), which previously only let companies with a regulatory track record apply to join the centre. 'This opens the door to UAE companies to join the DIFC project. The aim is to raise standards [in the UAE]. The DIFC will stimulate the market to comply with international standards,' DFSA chairman Habib al-Mu
  • DIPDC signs loan

    Dubai Investments Park Development Company (DIPDC), part of Dubai Investments, has signed a loan facility worth AED 250 million ($68.1 million) and lead arranged by Emirates Financial Services and Standard Chartered Bank. Joining at syndication were Ahli United Bank, Bank Muscat, Bank of Baroda, BNP Paribas, Commercial Bank of Qatar, Emirates Bank International, First Gulf Bank, Lloyds TSB, National Bank of Dubai, National Bank of Fujairah, National Bank of Oman, State Bank of India and Union
  • Disi conveyor project moves ahead

    The cabinet announced on 22 February its intention to move forward with the Disi water conveyor project. Officials at the Water & Irrigation Ministry say that a final decision is still to be taken on how to implement the estimated $600 million project to build a 325-kilometre pipeline to transport 100 million cubic metres a year (cm/y) from Disi, in the south, to Amman. 'With the build-operate-transfer [BOT] model, the cost of the project is too great and the contract terms did not interest c
  • DME futures near

    Dubai Mercantile Exchange (DME) is expected to start trading futures in sour crude oil by the end of 2006. Transactions on the DME, a joint venture of Dubai Holding and the New York Mercantile Exchange (NYMEX), will be conducted electronically and not by the open-outcry system used on the NYMEX. The exchange will be based in Dubai International Financial Centre (DIFC).
  • Dolphin to announce funding plans at MEED conference

    Abu Dhabi-based Dolphin Energyis planning to invite banks in late February to submit proposals for the long-term financing of the Dolphin energy project. Further details are due to be announced by Tony Boon, project finance adviser at Abu Dhabi government-owned Mubadala Development Company, at MEED's Middle East Project Finance conference in Doha on 28 February-1 March. 'We are reaching the end of the construction phase - first gas is due w
  • Dolphin to seek finance

    Abu Dhabi-based Dolphin Energy is planning to invite banks in late February to submit proposals for the long-term financing of the Dolphin energy project. 'We are reaching the end of the construction phase - first gas is due within a year - so we are reaching the point where we have the ability to put in place longer-term finance,' Tony Boon, project finance adviser at Abu Dhabi government-owned Mubadala Development Company, said on 29 January. 'We want to create a dialogue with international
  • DP World back in front for P&O

    Dubai-based DP World on 26 January launched a counter-bid for UK port and ferry operator P&O, offering £5.20 ($9.23) a share or £3,880 million ($6,890 million) for the company. The move follows a bid of £3,540 million ($6,285 million) in early January by Temasek, the Singapore government agency that owns the Port of Singapore Authority, surpassing an earlier offer by DP World. The new bid is due to be put to P&O's shareholders on 13 February, unless Temasek tables an offer of at least £5.46 (
  • DP World takes mega loan

    DP World has mandated Barclays Capital and Deutsche Bank to arrange a $6,500 million credit facility to finance its acquisition of the UK's P&O, which received shareholders' approval on 13 February (MEED 17:2:06).
  • DP World wins P&O race

    Dubai-based DP World has succeeded in acquiring UK port and ferry operator P&O, following the withdrawal of Port of Singapore Authority (PSA) from the bidding. P&O's shareholders overwhelmingly approved the offer on 13 February. PSA withdrew following submission by DP World in late January of an offer of£5.20 ($9.23) a share, valuing the operator at£3,880 million ($6,890 million) and exceeding by a considerable margin PSA's bid of£3,540 million ($6,285 million) earlier in the month. 'For PSA,
  • Dredging: Confident in spite of capacity constraints

    Several ambitious projects mean dredging contractors will have their hands full in 2006 - too full, some say.
  • Dredging: Confident in spite of capacity constraints

    Several ambitious projects mean dredging contractors will have their hands full in 2006 - too full, some say.
  • DSC plans to build 19 towers

    The developers behind Dubai Sports City (DSC) plan to build 16 residential towers and three office buildings on the 5 million-square-metre Dubailand development. Seven of the towers are under design by the local Diar Consult, five by the local Artec and four are still in the concept design stage. Another 40 towers are planned at DSC but will be developed by private investors (MEED 30:9:05). Bidding is accelerating at Victory Heights, where prequalification is ongoing for the project's 910 villas
  • DSC plans to build 19 towers

    The developers behind Dubai Sports City (DSC) plan to build 16 residential towers and three office buildings on the 5 million-square-metre Dubailand development. Seven of the towers are under design by the local Diar Consult, five by the local Artec and four are still in the concept design stage. Another 40 towers are planned at DSC but will be developed by private investors (MEED 30:9:05). Bidding is accelerating at Victory Heights, where prequalification is ongoing for the project's 910 villas
  • Dubai Aerospace Enterprise takes off

    Six local bodies together with the Dubai government have formed a new venture to help develop the emirate as a global aviation hub. Dubai Aerospace Enterprise (DAE) aims to attract $15,000 million of investment by 2015 and will act as a holding company for six operational subsidiaries - DAE Capital, DAE Manufacturing, DAE University, DAE Airports, DAE Engineering and DAE Services. Together, the subsidiaries will cover a range of aerospace activities including airport development and operation
  • Dubai Bank selected for Indian GDR issue

    Dubai Bank and ICICI Securities, the investment banking arm of India's ICICI Bank, have been appointed joint lead managers and bookrunners on a $50 million issue of global depositary receipts (GDRs) by India's Man Industries, a supplier of pipes to the oil and gas industry. The issue will be staged through Dubai International Financial Exchange (DIFX).
  • Dubai firm calls Canada

    Dubai-based Multi International Invest (MII) has tabled a $160 million bid for Canadian call centre company Minacs Worldwide. MII is aiming to acquire 100 per cent of Minacs' capital at a price of $5 a share. The firm's board is considering the offer. MII is owned by a group of European and regional investors and has assets in the hydrocarbons, manufacturing and financial services industries.
  • Dubai to seek credit rating

    International rating agency Standard & Poor's and Dubai Islamic Bank are expected to resume work during the second quarter on a mandate to advise the government of Dubai on securing a credit rating. Talks have been ongoing for some time but have been temporarily put on hold. The initiative has been prompted by several sukuk issues by government-owned institutions such as the Department of Civil Aviation, Dubai Metals & Commodities Centre and most recently Dubai Ports, Customs & Free Zone Corpora
  • Dubal aims high

    Dubai Aluminium (Dubal) is considering another major expansion of its Jebel Ali smelter. The project will see the construction of two new potlines taking the smelter's capacity to well over 1 million tonnes a year (t/y - MEED 6:1:06).
  • DWTC preparing exhibition hall tenders

    Dubai World Trade Centre (DWTC) is preparing to issue tenders for the main contract to build an extension at the Dubai International Convention & Exhibition Centre (DICEC). Prequalifiers include: the local ALEC, the local/UK Al-Naboodah Laing O'Rourke; the local Khansaheb Civil Engineering; and the local/Australian Nasa Multiplex. The eight-month project will add 15,000 square metres of exhibition space and increase the facilities' current capacity by 30 per cent. A redevelopment of the entire c
  • DWTC preparing exhibition hall tenders

    Dubai World Trade Centre (DWTC) is preparing to issue tenders for the main contract to build an extension at the Dubai International Convention & Exhibition Centre (DICEC). Prequalifiers include: the local ALEC, the local/UK Al-Naboodah Laing O'Rourke; the local Khansaheb Civil Engineering; and the local/Australian Nasa Multiplex. The eight-month project will add 15,000 square metres of exhibition space and increase the facilities' current capacity by 30 per cent. A redevelopment of the entire c
  • DWTC tenders exhibition hall expansion

    Dubai World Trade Centre (DWTC) has invited companies to bid by 15 February for the main contract on the extension of Dubai International Convention & Exhibition Centre (DICEC). The invited companies include: the local ALEC; the local/UK Al-Naboodah Laing O'Rourke; the local Khasaheb Civil Engineering; and the local/Australian Nasa Multiplex. The eight-month project will add 15,000 square metres of exhibition space and increase the facility's current capacity by 30 per cent. A redevelopment of t
  • DWTC tenders exhibition hall expansion

    Dubai World Trade Centre (DWTC) has invited companies to bid by 15 February for the main contract on the extension of Dubai International Convention & Exhibition Centre (DICEC). The invited companies include: the local ALEC; the local/UK Al-Naboodah Laing O'Rourke; the local Khasaheb Civil Engineering; and the local/Australian Nasa Multiplex. The eight-month project will add 15,000 square metres of exhibition space and increase the facility's current capacity by 30 per cent. A redevelopment of t
  • EBD gets feet wet in new project company

    Lebanon's EBD Group has taken a 40 per cent stake in a new water and wastewater project company established with National Water Corporation and Aljazira and Sinar states, south of Khartoum state. The company is expected to be incorporated by the end of March, with the three local investors holding 20 per cent each. The company will have first right of refusal on wastewater contracts in the two states, with a 12-month exclusivity period. EBD has already formed a similar company in Khartoum state
  • Education: Investing in the future

    The 600 stands of state-of-the-art communications technology crammed into London's Olympia exhibition centre for the BETT educational technology show in mid-January provide clear evidence of the central role that IT plays in modern education. BETT is the world's leading educational IT event, where not only teachers and headmasters come to learn about the latest teaching aids but also where senior government officials and ministers can learn how new technology can be harnessed to improve educa
  • EFG selected for telecoms IPO

    The initial public offering (IPO) of shares in the federation's second mobile operator, Emirates Integrated Telecommunications Company (EITC), is due to come to market imminently, according to bankers involved in the deal. EFG-Hermes has been appointed global co-ordinator and financial adviser; Emirates Financial Services will jointly arrange the offering. The company, which is expected to begin operations during the second half of 2006, will offer 20 per cent of its AED 4,000 million ($1,100
  • EGYPT

    Request for proposals. Consortiums of national and international companies are invited to bid for the third mobile phone operator licence. A question-and-answer session for prospective bidders will take place on 8 March.
  • EGYPT

    Request for proposals. Consortiums of national and international companies are invited to bid for the third mobile phone operator licence. A question-and-answer session for prospective bidders will take place on 8 March.
  • EGYPT

    Request for proposals. Consortiums of national and international companies are invited to bid for the third mobile phone operator licence. A question-and-answer session for prospective bidders will take place on 8 March.
  • EGYPT

    Supply of information technology (IT) equipment, including software and printers, office furniture, office equipment, vehicles and air-conditioning as part of a children at risk programme. Details from National Council for Childhood & Motherhood, Luna Luther, Technical Assistance Team, Children at Risk Programme, Third Floor, Corniche el-Maadi, Misr el-Kadima, PO Box 11, Cairo, telephone (202) 5282312/10, fax (202) 5282312, e-mail lluther@nccm-eu.com.
  • EGYPT

    Supply of information technology (IT) equipment, including software and printers, office furniture, office equipment, vehicles and air-conditioning as part of a children at risk programme. Details from National Council for Childhood & Motherhood, Luna Luther, Technical Assistance Team, Children at Risk Programme, Third Floor, Corniche el-Maadi, Misr el-Kadima, PO Box 11, Cairo, telephone (202) 5282312/10, fax (202) 5282312, e-mail lluther@nccm-eu.com.
  • EGYPT

    Supply of information technology (IT) equipment, including software and printers, office furniture, office equipment, vehicles and air-conditioning as part of a children at risk programme. Details from National Council for Childhood & Motherhood, Luna Luther, Technical Assistance Team, Children at Risk Programme, Third Floor, Corniche el-Maadi, Misr el-Kadima, PO Box 11, Cairo, telephone (202) 5282312/10, fax (202) 5282312, e-mail lluther@nccm-eu.com.
  • EGYPT: Funding a third way

    The statement had been eagerly awaited for a long time. Finally, after months of delays, Egypt's Communications & Information Technology (CIT) Minister Tarek Kamel announced in early February that request for qualification (RFQ) documents for the country's third GSM licence were due to be released by mid-month. Speculation is rife about which operators will decide to compete in the tender, which will lead to a break-up of the existing duopoly held by Vodafone Egypt and Egyptian Company for Mo
  • Egyptian opposition leader moots nuclear option

    Imprisoned Egyptian opposition leader Ayman Nour on 22 February asked US Secretary of State Condoleezza Rice to consider assisting Egypt to develop nuclear energy. In a letter to Rice, Nour said that Egypt needed to harness nuclear energy to overcome its dependency on natural gas. The request follows President Bush's offer to provide developing countries with cost-effective small-scale reactors on condition they do not begin research into nuclear weapons. One of Nour's deputies from his
  • Egyptian relatives attack ferry firm

    Relatives of hundreds of victims, who died or who are still missing in the 3 February ferry disaster, attacked the offices of the shipowners on 6 February. A mob broke into and ransacked the Al-Salam Maritime company's offices in Safaga and set fire to furniture. Riot police dispersed the crowd with tear gas. Relatives are angry at the lack of details released by the company about the disaster, according to media reports.There have been accusations of negligence made again
  • Eight finance Jamarat bridge

    A group of eight banks is providing a five-year, SR 1,500 million ($400 million) letter of credit and letter of guarantee facility for the Jamarat bridge facilities project in Mina. They are: Bank Albilad, Banque Saudi Fransi, Emirates Bank, Gulf International Bank, Riyad Bank, Samba Financial Group, Saudi Hollandi Bank and The National Commercial Bank. The facility is uniquely structured to allow both Islamic and conventional banks to participate. Saudi Binladin Group is carrying out the exp
  • EITC reveals brand name

    New telecommunications operator Emirates Integrated Technology Company (EITC) has announced that its brand name will be du when it launches mobile services later this year (MEED 10:02:06).
  • Eleven in for DEWA masterplan

    Eleven bids were submitted to Dubai Electricity & Water Authority (DEWA) on 11 February for the contract to draw up the emirate's new water masterplan. According to the bid opening results, Japan's NJS Consultants Company is low bidder at AED 3 million ($817,000) followed by Egypt's Dr Ahmed Abdul Warith Consulting Engineers at AED 3.5 million ($953,000), Montgomery Watson, part of US-based MWH, at AED 4.5 million ($1.2 million) and a company identified as Seurca Overseas at AED 4.6 million ($1.
  • El-Seif wins NDIA package

    Saudi Arabia's El-Seif Engineering Contracting Establishment has received a letter of intent for the airport operations facilities on the estimated $2,800 million first phase of the New Doha International Airport (NDIA) project. El-Seif was low bidder at QR 351 million ($96 million) for the design and build contract when prices were opened in October (MEED 28:10:05). For the largest package on the first phase, covering the passenger terminal package, the five bidders have recently submitted revi
  • El-Seif wins NDIA package

    Saudi Arabia's El-Seif Engineering Contracting Establishment has received a letter of intent for the airport operations facilities on the estimated $2,800 million first phase of the New Doha International Airport (NDIA) project. El-Seif was low bidder at QR 351 million ($96 million) for the design and build contract when prices were opened in October (MEED 28:10:05). For the largest package on the first phase, covering the passenger terminal package, the five bidders have recently submitted revi
  • Emirates Bank CEO steps down

    Rick Pudner has been appointed as the new chief executive officer (CEO) of Emirates Bank. He will replace Anis al-Jallaf, who is retiring after more than 15 years at the bank. Pudner joins Emirates Bank from HSBC and is expected to take up his post in April.
  • Emirates Islamic in expansion mode

    Emirates Islamic Bank, the retail subsidiary of Emirates Bank, expects to launch its brokerage business in March. The brokerage will trade in sharia-compliant equities on the Dubai Financial Market and the Abu Dhabi Securities Market. The bank also plans to double its branch network in the UAE to 22 and to target the small business sector by offering import, equipment and goods finance. 'It's a big, under-served segment,' says retail banking general manager Faisal Aqil of the thousands of sma
  • EoIs sought for Al-Durrah Tower

    Expressions of interest (EoIs) have been sought for the main construction package on a proposed new high-rise tower in Dubai. Called Al-Durrah Tower, the building will be located 100 metres north of the Fairmont Hotel on Sheikh Zayed highway and entails the construction of a 75-storey mixed-use tower with a total built-up area of 135,000 square metres, a car park and related facilities. The 304-metre-tall structure includes architectural cladding features extending about 29 metres beyond roof le
  • EoIs sought for Al-Durrah Tower

    Expressions of interest (EoIs) have been sought for the main construction package on a proposed new high-rise tower in Dubai. Called Al-Durrah Tower, the building will be located 100 metres north of the Fairmont Hotel on Sheikh Zayed highway and entails the construction of a 75-storey mixed-use tower with a total built-up area of 135,000 square metres, a car park and related facilities. The 304-metre-tall structure includes architectural cladding features extending about 29 metres beyond roof le
  • Equate builds bridge

    Equate Petrochemical Company, a joint venture of the local Petrochemical Industries Company (PIC) and the US' Dow Chemical Company, has approached four banks about providing a six-month $700 million bridge financing.
  • Equate builds bridge

    Equate Petrochemical Company, a joint venture of the local Petrochemical Industries Company (PIC) and the US' Dow Chemical Company, has approached four banks about providing a six-month $700 million bridge financing.The four banks are: Citigroup, Gulf International Bank, HSBC and Societe Generale (SocGen). Each have been offered equal $175 million tickets. The margin ranges from 40-60 basis points. The preliminary information memorandum on the long-term financing to fund Equate's planne
  • Erko wins water supply jobs

    Turkey's Erko Construction has been awarded two water supply contracts worth a total of RO 28.8 million ($73.8 million) by the Housing, Electricity & Water Ministry. The first, worth RO 18.4 million ($47.2 million), covers the construction of a pipeline between Sumail and Izki. The second, worth RO 10.4 million ($26.7 million), is for a pipeline between Izki and Nizwa.
  • Esco seeks renovation investors

    Esfahan Steel Company (Esco) has invited bids by 6 April for a renovate-operation-transfer (ROT) contract covering the construction of a world-scale direct reduction iron (DRI) plant (see Tenders; MEED 13:1:06). The investor must provide financing for the project, which aims at raising installed operating capacity at the 10-year-old facility back to 600,000 tonnes a year (t/y) from 300,000 t/y of sponge iron, as well as making feedstock arrangements and finding a market for the end product. The
  • Etihad takes syndicated loan

    Abu Dhabi-based Etihad Airways has signed a loan deal worth AED 1,650 million ($450 million) to fund the purchase of five aircraft from The Boeing Company of the US. Abu Dhabi Commercial Bank, First Gulf Bank, HSBC and National Bank of Abu Dhabi (NBAD) acted as mandated lead arrangers and Abu Dhabi Investment Company was the lead arranger. The 12-year loan was priced at 85 basis points. Calyon and NBAD are also arranging a loan to fund Etihad's purchase of 12 aircraft from Europe's Airbus. Ta
  • Etisalat eyes overseas targets

    Emirates Telecommunications Corporation (Etisalat) has set aside at least $5,000 million to invest abroad for the coming year, chief executive officer Mohammed Hasan Omran told MEED in an interview on 31 January. 'There is still plenty of growth for us in this region,' said Omran. 'We are in talks with Afghanistan for mobile and fixed-line [licences] and we have stated our interest in Tunisia and Egypt.'
  • Failaka BOT PQ notice out

    The Ministry of Public Works (MPW) through its Mega Projects Agency (MPA) has issued the prequalification notice for the concession to provide power and potable water to Failaka island. Interested developers have until 15 March to submit their applications (MEED 14:10:05).
  • February tenders for Pars LNG and South Pars 11

    Major engineering, procurement and construction (EPC) contracts covering Iran's first liquefied natural gas (LNG) project and the associated upstream phase of the South Pars gas field will go to tender in February, according to project sources. Pars LNG, the project company, will issue an invitation to bid for the liquefaction and loading facilities, while Pars Oil & Gas Company (POGC) will issue tenders for the on and offshore elements of the South Pars phase 11 project, which will supply fe
  • Ferry sinks in Red Sea

    An Egyptian ferry carrying more than 1,300 people sank in the Red Sea on 3 February. The Al-Salam Boccaccio 98 disappeared after it left the port of Duba in Saudi Arabia on its way to Safaga in southern Egypt. Lifeboats and bodies have been spotted 100 kilometres from Duba, media reports said. No S.O.S. signal from the boat was received, said an Al-Salam Maritime Transport official said. A sister ship of the ferry also sank in the Red Sea in October after a collision with another boat.
  • Film shown of kidnapped US journalist

    Jill Carroll, the US journalist held hostage in Iraq, was shown in a film broadcast on Qatar-based satellite news channel Al-Jazeera on 21 January. The film, without sound, showed Carroll crying and apparently appealing for the release of all female prisoners held in Iraq. 'The journalist called on her family, her colleagues and Americans throughout the world to ask the US military authorities and the Iraqi interior ministry to free all Iraqi prisoners, saying this could contribute to he
  • Financial close reached on Mohammedia refinery

    Financial close has been reached on the estimated $950 million project for the phase 1 rehabilitation of the country's only refinery at Mohammedia, 70 kilometres southwest of Rabat.
  • Firms sought for Saadiyat enabling works

    Abu Dhabi Tourism Authority (ADTA) has invited companies to submit bids by 6 March for an enabling package on Saadiyat island in Abu Dhabi. The scope of works includes demolition activity and the construction of temporary roads and facilities on the island. Prequalification is under way for a proposed bridge linking Saadiyat to Abu Dhabi island. The contract entails the construction of a 1,455-metre-long segmental box girder bridge, with five carriageways running in each direction for road traff
  • Firms sought for Saadiyat enabling works

    Abu Dhabi Tourism Authority (ADTA) has invited companies to submit bids by 6 March for an enabling package on Saadiyat island in Abu Dhabi. The scope of works includes demolition activity and the construction of temporary roads and facilities on the island. Prequalification is under way for a proposed bridge linking Saadiyat to Abu Dhabi island. The contract entails the construction of a 1,455-metre-long segmental box girder bridge, with five carriageways running in each direction for road traff
  • First chairman for DIFC Islamic board named

    Dubai International Financial Centre (DIFC) has appointed Aref Kooheji to be the first chairman of its Islamic Finance Advisory Council (IFAC). Kooheji is Dubai Islamic Bank's executive vice-president of investment and corporate banking and also serves as chairman of Bahrain-based Liquidity Management Centre. The IFAC will guide the development of Islamic finance activities within the DIFC.
  • First energy fund for Global

    Global Investment House has launched its $500 million Energy, Petrochemical and Downstream Industries Fund (EPADI). EPADI, which is Global's first energy fund, will complete its first closing in March and will invest primarily in energy-related industries in the GCC to capitalise on high oil prices and the privatisation of the energy industry. Up to 25 per cent of the fund will be invested in companies planning to stage an initial public offering (IPO) of shares and no more than 30 per cent i
  • First low-cost airline taxis for take-off

    Plans are moving ahead for the launch of the kingdom's first low-cost carrier after Saudi Industrial Services Company (Sisco) acquired in early February a 2.67 per cent stake in Sama. Sama, which was founded by the local Investment Enterprises, now has about 30 shareholders. With a paid-up capital of SR 187.5 million ($50 million), the budget carrier will lease seven Boeing 737s and initially serve Riyadh, Dammam and Jeddah. Sama is aiming to begin operations by the summer. The kingdom is att
  • First oil soon despite dispute

    A dispute over contractual terms will not prevent the bringing on stream in late February of the country's first ever hydrocarbons production. Despite government challenges to amendments made in 2005 to the production sharing contract (PSC), a consortium led by Australia's Woodside Petroleum is on schedule by the end of the month to begin to pump 75,000 barrels a day of oil from the Chinguetti field, 100 kilometres west of the capital Nouakchott. All oil will be for export, with the first car
  • Five chase Qipco tornado to the West Bay

    Bids were submitted on 23 January for the main contract on the Qatar Investments & Projects Development Holding Company (Qipco) office building in West Bay. About five contractors are competing for the estimated $200 million contract, which involves the construction of a 50-storey building in the shape of a tornado. The bidders for the 28-month contract include Austria's Alpine Bau, Turkey's Baytur, Belgium's Six Construct, Austria's Strabag and a joint venture of Japan's Taisei Corporation and
  • Five chase Qipco tornado to the West Bay

    Bids were submitted on 23 January for the main contract on the Qatar Investments & Projects Development Holding Company (Qipco) office building in West Bay. About five contractors are competing for the estimated $200 million contract, which involves the construction of a 50-storey building in the shape of a tornado. The bidders for the 28-month contract include Austria's Alpine Bau, Turkey's Baytur, Belgium's Six Construct, Austria's Strabag and a joint venture of Japan's Taisei Corporation and
  • Float glass plans forge ahead

    The federation is set to see a sharp rise in float glass production after ground-breaking began on two projects in mid-February, with plans for a third also in the pipeline. The projects will cater to increasing demand across the region (MEED 9:12:05). The largest plant will be located on a 300,000-square-metre site in the Ras al-Khaimah industrial zone next to RAK Ceramics. The Saudi Guardian International Float Glass Company (Gulfguard), with its joint venture partners - the US' Guardian In
  • Forasol and Bauer pile into rail project

    The local/Swiss Arabian Forasol and Germany's Bauer have been awarded the viaduct piling works on the Dubai Light Rail (DLR) transit scheme by Dubai Rapid Link (DURL). Section 1, which runs from Dubai International Airport to the Port Saeed area, has been awarded to Forasol along with section 2, which runs from the Burjuman Centre to Al-Manara near interchange 3 on Sheikh Zayed highway. Bauer has been awarded section 3, which continues along the highway to Jebel Ali. The works involve piled foun
  • Forasol and Bauer pile into rail project

    The local/Swiss Arabian Forasol and Germany's Bauer have been awarded the viaduct piling works on the Dubai Light Rail (DLR) transit scheme by Dubai Rapid Link (DURL). Section 1, which runs from Dubai International Airport to the Port Saeed area, has been awarded to Forasol along with section 2, which runs from the Burjuman Centre to Al-Manara near interchange 3 on Sheikh Zayed highway. Bauer has been awarded section 3, which continues along the highway to Jebel Ali. The works involve piled foun
  • Foster Wheeler gets U&O

    UK-based Foster Wheeler Energy has been selected for the estimated $700 million utilities and offsites (U&O) package on the Rabigh integrated refinery and petrochemicals complex. The client is Rabigh Refining & Petrochemical Company (Petro-Rabigh).
  • Four dead in militia fight

    A Baghdad gunfight between the Mehdi Army militia and US troops on 2 February left four Iraqis dead. 'The coalition forces conducted a raid in [Baghdad's] Sadr City to search for a known terrorist from Ansar al-Sunnah. After conducting the raid, one of the helicopters of the coalition forces came under fire from men on a nearby rooftop following which another coalition helicopter returned fire to eliminate the threat in which four individuals were killed,' a US military spokesman said.
  • Four in for H station phase 3

    Evaluation of bids is under way at Dubai Electricity & Water Authority (DEWA) for the phase 3 development of the single-cycle H station at Al-Aweer, after four companies and groups submitted proposals on 4 February. The submission came six weeks after bids went in for the turnkey contract to build the 400/132-kV substation and associated works to serve the new capacity (MEED 13:01:06).
  • Four in for suburban rolling stock

    Four bids are under evaluation at Societe Nationale des Transports Ferroviaires (SNTF) following the opening of commercial bids for a contract to supply 64 train carriages to be used for suburban transport around the capital. They are: Canada's Bombardier; Stadler of Switzerland; France's Alstom; and Spain's Construcciones y Auxiliar de Ferrocarriles. Five companies bid following the issue of tenders by SNTF in July, but the offer from Germany's Siemens was not retained due to non-conformity. A
  • France accuses Iran of deception

    French Foreign Affairs Minister Philippe Douste-Blazy on 16 February said that Iran was using its nuclear programme to cover up a clandestine military nuclear programme. 'No civil nuclear programme can explain the Iranian nuclear programme. It is a clandestine military nuclear programme,' Douste-Blazy said. 'The international community has sent a very strong message to the Iranians - show reason, suspend all nuclear activities and uranium enrichment. And they are not listening to us.'
  • Freehold approved at Riffa Views

    The Riffa Views golf-themed residential project, being developed by a joint venture of Arcapita and Bahrain International Golf Course Company, has received government approval to offer freehold property ownership to foreigners. The agreement follows approval for the scheme from Crown Prince Sheikh Salman bin Hamad al-Khalifa in late December. The estimated $300 million project includes 900 villas and the redevelopment of the existing Riffa golf course. The UK's Mace International is the proje
  • Freehold approved at Riffa Views

    The Riffa Views golf-themed residential project, being developed by a joint venture of Arcapita and Bahrain International Golf Course Company, has received government approval to offer freehold property ownership to foreigners. The agreement follows approval for the scheme from Crown Prince Sheikh Salman bin Hamad al-Khalifa in late December. The estimated $300 million project includes 900 villas and the redevelopment of the existing Riffa golf course. The UK's Mace International is the proje
  • French/local team takes Fajr 2

    A local/French consortium has been awarded the estimated Eur 200 million ($239 million) contract to build the Fajr 2 power plant in Bandar Imam. The group emerged as the low bidder for the contract after the opening of commercial proposals by the client, National Petrochemical Company (NPC), earlier this month (MEED 24:6:05).
  • Fund develops Malaysian ties

    Siraj Capital, a subsidiary of Saudi Arabia's Ghassan al-Sulaiman Holding Company, and the investment arm of Malaysia's Johor State Johor Corporation (JCorp), have established two funds with a combined value of $500 million. The funds will be administered by a management company set up by Siraj and JCorp and will invest in both Saudi Arabian and Malaysian businesses. Investors are expected to be institutions and high net worth individuals from both countries. The $250 million Malaysia-based R
  • Future uncertain for WEC's Jubail IWPP

    The Jubail independent water and power project (IWPP) planned by Water & Electricity Company (WEC) is expected to be substantially delayed following the reclassification of The Power & Water Utilities Company for Jubail & Yanbu (Marafiq) IWPP, also in Jubail, as a national project. Speaking to MEED at the Power-gen Middle East exhibition and conference in Abu Dhabi on 30 January, WEC president Omar al-Ghamdi confirmed that the diversion of gas feedstock to the expanded Marafiq project will mean
  • Gaddafi to host Sudan, Chad talks

    Libyan leader Muammar Gaddafi is expected to host talks on 8 February between the leaders of Chad and Sudan to discuss rising tensions between the countries. 'We are meeting to go beyond the tension between Chad and Sudan and reach practical solutions to overcome the negative issues between the two countries,' Libyan Foreign Affairs Minister Mohammed Abdel-Rahman Shagram said. Chad and Sudan have both accused the other of mounting cross-border attacks in the Darfur region. In
  • GAZA - WEST BANK

    Expressions of interest. Provision of consultancy services comprising a social development adviser for a land administration project. The adviser will plan, supervise and complement the social assessments of systematic land registration pilots. The assessments will be done by a local social development specialist. The adviser will also play a key advisory role in the disputes resolution and conflict mitigation process within the systematic titling pilots and will work closely with the local s
  • GAZA - WEST BANK

    Expressions of interest. Provision of consultancy services comprising a social development adviser for a land administration project. The adviser will plan, supervise and complement the social assessments of systematic land registration pilots. The assessments will be done by a local social development specialist. The adviser will also play a key advisory role in the disputes resolution and conflict mitigation process within the systematic titling pilots and will work closely with the local s
  • GAZA - WEST BANK

    Expressions of interest. Provision of consultancy services comprising a social development adviser for a land administration project. The adviser will plan, supervise and complement the social assessments of systematic land registration pilots. The assessments will be done by a local social development specialist. The adviser will also play a key advisory role in the disputes resolution and conflict mitigation process within the systematic titling pilots and will work closely with the local s
  • GAZA & WEST BANK: Reality bites

    In the first election of its kind in a decade, the Islamist militant group Hamas on 25 January won 76 of the 132 seats in the Palestinian Legislative Council (PLC) and emerged as the dominant force in Palestinian politics. The group now lays claim to a strong democratic mandate, especially after the openness of the elections received the approval of teams of international monitors. But as reality sets in again, Hamas will face a steep learning curve.
  • Gaza / West Bank

    Expressions of interest. Provision of key land policy-related studies as part of a land administration project. The project comprises the following: 1) a study of register accuracy and factors limiting registry utilisation; 2) a land market study; 3) property valuation; 4) a land dispute study; 5) a legal and institutional framework for land administration in Gaza and the West Bank: a review and recommendations for improvement; and 6) a public land management study. Financed by the World Bank
  • Gaza / West Bank

    Expressions of interest. Provision of key land policy-related studies as part of a land administration project. The project comprises the following: 1) a study of register accuracy and factors limiting registry utilisation; 2) a land market study; 3) property valuation; 4) a land dispute study; 5) a legal and institutional framework for land administration in Gaza and the West Bank: a review and recommendations for improvement; and 6) a public land management study. Financed by the World Bank
  • Gaza / West Bank

    Expressions of interest. Provision of key land policy-related studies as part of a land administration project. The project comprises the following: 1) a study of register accuracy and factors limiting registry utilisation; 2) a land market study; 3) property valuation; 4) a land dispute study; 5) a legal and institutional framework for land administration in Gaza and the West Bank: a review and recommendations for improvement; and 6) a public land management study. Financed by the World Bank
  • Gaza sewerage project waiting on KfW

    The Coastal Municipal Water Utility (CMWU) has decided to delay the release of tender documents for the Gaza central wastewater project due to uncertainty over the project's funding from Kreditanstalt fur Wiederaufbrau (KfW) after Hamas' victory in the Palestinian Legislative Council elections. Germany's Dorsch Consult is the consultant on the $84 million project, which consists of four packages (MEED 24:9:04).
  • Gaza/West Bank: Cracking a tough market

    The Palestinian economy is hardly awash with hugely profitable industries, which is why telecommunications, dominated by Palestine Telecommunications Company (PalTel), could play such a vital role. Despite being a notoriously competitive market with an already high penetration rate, due to access by Israeli companies, it has long been the great hope of the Palestinian private sector. But the long-promised issue of a second official mobile network licence has still not materialised. Sam Bahour
  • GCC rail to get green signal

    The GCC technical co-ordinating committee is understood to be preparing to issue imminently a tender to carry out a full feasibility study on the proposed GCC railway. At least 15 international consultants are understood to be prequalified to bid for the contract, which is expected to take at least 12 months to draw up.
  • GE and Dubai Holding shake hands

    US-based General Electric (GE) and Dubai Holding (DH) signed a memorandum of understanding on 24 January to develop infrastructure and industrial projects in the Middle East. GE will source project opportunities and develop them with DH's international investment arm, Dubai International Capital.
  • GE: Developing markets

    Leaning back on a desk and sipping water as he fields questions from journalists, Jeffrey Immelt exudes confidence.
  • Germans say BOO to Irbil

    Amman-based Mass Jordan Trading Company, a subsidiary of the Baghdad-based Aktar Group, has selected Germany's Lahmeyer International as the lead consultant for its proposed $250 million build-own-operate (BOO) power plant in Irbil in the north. The project, which will take about 18 months to complete, is one of five BOOs the Electricity Ministry has awarded in recent months. So far, the Irbil plant is the only one to have moved into the implementation stage (MEED 13:1:06).
  • GFH ups its capital

    Gulf Finance House (GFH) is preparing to sell Gulf Atlantic Real Estate UK (GARE) and Gulf Atlantic France (GAF), which have invested in property in the UK and France respectively. The bank also plans to increase its capital by 30 per cent in the first quarter of 2006 through a rights issue. The bank has a paid-up capital of $135 million and an authorised capital of $150 million. The new shares will be issued at KD 0.30 ($1) over a par value of KD 0.10 ($0.30).
  • Ghantoot wins DIC deal

    The local Ghantoot Transport & General Contracting has been awarded the estimated AED 50 million ($14 million) main infrastructure package at Dubai Industrial City (DIC). In October, Dubai Contracting Company (DCC) won an estimated AED 255 million ($69 million) contract to build the development's office complex. The 17-month contract entails site preparation, infrastructure works and construction of four office buildings and a canal. Canada's Cansult is the infrastructure design consultant; the
  • Ghantoot wins DIC deal

    The local Ghantoot Transport & General Contracting has been awarded the estimated AED 50 million ($14 million) main infrastructure package at Dubai Industrial City (DIC). In October, Dubai Contracting Company (DCC) won an estimated AED 255 million ($69 million) contract to build the development's office complex. The 17-month contract entails site preparation, infrastructure works and construction of four office buildings and a canal. Canada's Cansult is the infrastructure design consultant; the
  • GHC set for new expansion

    UAEAbu Dhabi-based General Holding Company (GHC) is gearing up to launch the estimated AED 2,000 million ($545 million) phase 2 development of its existing Emirates Iron & Steel complex located in the Mussafah industrial district. The decision to move ahead with phase 2 coincided with Italy's Danieli & Company signing the engineering, procurement and construction (EPC) contract for the first phase on 23 January (MEED 16:9:05). The estimated AED 2,000 million ($545 million) first phase will ha
  • GIC goes it alone on pelletising plant

    Gulf Investment Corporation (GIC) is to build a 6 million-tonne-a-year iron pelletising plant at Hidd, following the decision by Gulf Industrial Investment Corporation (GIIC) to cancel the expansion of its nearby pelletising plant. Total project costs are estimated at about $350 million.
  • GIC posts record profits

    Gulf Investment Corporation (GIC) posted its highest ever net profits in 2005, with earnings more than doubling to $272.8 million. Total assets rose to $7,400 million, up by $188.4 million from 2004. Shareholders' equity stood at $1,642.2 million at the end of December 2005. GIC has been an increasingly active investor in major regional projects recently, participating in developer consortiums for independent water and power projects (IWPPs) and launching two new industrial projects in Bahrai
  • GMG lands in the region with family focus

    UK-based corporate finance and asset management company Gulf Merchant Group (GMG) is planning to establish a regional office in Dubai to offer investment banking, fund management, capital markets and private client services targeted at family businesses in the GCC. The company, a joint venture of its managing partner Nabil Maaloul and the local Al-Ghaith Holding, will focus on family businesses and plans to introduce regional investors to undervalued European and US companies. Its activities
  • Government of Kuwait

    Amir Sheikh Jaber al-Ahmed al-Sabah on 14 July 2003 issued a decree appointing the new cabinet, following the parliamentary elections of 5 July, and the appointment of his brother and Foreign Minister Sheikh Sabah al-Ahmed al-Sabah as prime minister the previous day. The separation of the position of premier from that of crown prince was one of the key demands of reformers. Liberals were dealt a defeat in the elections by Islamists and pro-government candidates, but the large proportion
  • Government of Lebanon

    Government of Lebanon(appointed 20 July 2005)PresidentEmile Lahoud PremierFouad Siniora Deputy Premier and DefenceElias Murr Administrative DevelopmentJohn Ogasebian CultureTarek Metri Displaced PersonsNehme Tohme Economy & TradeSami Haddad Education & Higher Edu
  • GSE scoops simulation contract

    US-based GSE Systems has been awarded an estimated $15 million contract to supply five simulators to the Emirates Simulation Academy (ESA). The simulators include a refinery, a combined cycle petroleum plant, an oil platform, a gas turbine power plant and a desalination plant. GSE will also develop training programmes for the simulators. Launched in December, ESA was created to build and operate simulation training academies in the Gulf with the initial focus on the training and certification of
  • Gulf Air takes syndicated loan

    Regional carrier Gulf Air has signed a $75 million, three-year syndicated loan, lead arranged by Standard Chartered Bank. Joining at syndication were: Commercial Bank of Qatar, First Commercial Bank, National Bank of Oman, Persia International Bank, State Bank of India and The Arab Investment Company. 'Abu Dhabi's withdrawal has necessitated a rethink of our strategy around a two-hub approach. This will require changes to our network, route, fleet and allocation of resources,' said Gulf Air pres
  • GULF INVESTMENT: Asset management

    Dubai is on a spending spree, and only the best brands will do. The latest big name in its sights is P&O, for which the local DP World in November tabled an audacious bid worth in excess of $5,500 million. Dubai's determination to acquire the 169-year-old UK port and ferry operator has led to a two-month bidding war against Singapore that saw DP World outbid its rival at the last minute with an offer worth nearly $6,900 million.
  • Gunmen surround Gaza EU offices

    Gunmen in Gaza surrounded the EU's offices on 2 February, demanding an apology for cartoons that appeared in a number of European newspapers. The gunmen fired into the air and climbed the walls of the compound, but soon dispersed. No casualties were reported.Some of the cartoons, originally published in the Danish daily Jyllands-Posten, depicted the Prophet Mohammed as a terrorist. The editor of French daily France-Soir was dismissed on 2 February for reprod
  • Hajj logistics: Going with the flow

    The recent tragedies in the city of Mina have cast a shadow over the Hajj pilgrimage. Modifications to certain disaster-prone areas such as the ill-fated Jamarat Bridge are more urgent than ever (see box), and Saudi authorities must be seen to be able to safely host pilgrims to Islam's holy cities. As a result, the Mecca Development Master Plan has been set in motion with some $100,000 million being ploughed into six large-scale development projects which are set to be completed over the next
  • Hamas appoints senior nominees; US House of Representatives votes to halt aid

    Militant group on 15 February announced its nominations for a number of senior parliamentary posts. The group, which won the Palestinian Legislative Council (PLC) elections in January, also said it expects to announce a full cabinet by early March. Hamas have nominated Aziz al-Duwaik and Ahmed Bahar, both university professors, for parliamentary speaker and deputy speaker respectively. Mahmoud Zahar, a senior Hamas leader from Gaza, will lead the majority faction in parliament. Further a
  • Hamas asks EU to continue funds

    Ismail Haniya, a senior Hamas leader, on 30 January urged the EU not to stop funding to the Palestinian Authority (PA). He said no EU money would be used to fund attacks on Israel and called for talks between Hamas and international donors. 'We call on you to continue moral and financial support, and to direct all aid to the Palestinian treasury so it can be used in keeping with the priorities of the Palestinian people,' Haniya said.Tel Aviv has said it could withhold tax
  • Hamas begins coalition talks with militants

    After its win in January's Palestinian Legislative Council (PLC) elections, Hamas on 20 February began talks with other militant factions over forming a new government. Talks are taking place between Hamas and the Popular Front for the Liberation of Palestine (PFLP) and are also scheduled to include the Democratic Front for the Liberation of Palestine (DFLP) and Islamic Jihad, all three of which have taken part in the ongoing intifada. Facing a cut in foreign aid for its refusal to recognis
  • Hamas leaders meet in Egypt

    Hamas delegates from Gaza are travelling to Cairo on 6 February to hold talks with the exiled leadership of the Islamist organisation. The meeting is expected to focus on the formation of a new Hamas government, after the group won the Palestinian Legislative Council (PLC) elections on 25 January. The Hamas leadership is based in Damascus and Beirut. Delegates from the West Bank are unable to attend, due to travel restrictions imposed by Israel. The process of formally est
  • Hamas prepares to announce prime minister

    Hamas was preparing on 16 February to announce its nomination for prime minister, media reports said. Ismail Haniya, a senior organisation leader from Gaza, was expected to be nominated for the post. Haniya, regarded as a political pragmatist, rose to prominence while running the office of Hamas' spiritual leader, the late Sheikh Yassin, who was killed in an Israeli strike in 2004. The move comes as part of Hamas' negotiations to choose a cabinet for the new government. Th
  • Healthy result for Ahmadiah/Aktor JV

    A joint venture (JV) of the local Ahmadiah Contracting & Trading Company and Greece's Aktor has been awarded the main construction contract on the City Hospital project in Dubai Healthcare City (DHCC). The 210-bed cardiology and orthopaedics facility will have a built-up area of about 40,000 square metres rising to 10 storeys. Dubai-based Sharafi-PHB is the consultant; US-based Ellerbe Becket International is the design architect; and Canada's Cansult is the project manager. The local Welcare
  • Healthy result for Ahmadiah/Aktor JV

    A joint venture (JV) of the local Ahmadiah Contracting & Trading Company and Greece's Aktor has been awarded the main construction contract on the City Hospital project in Dubai Healthcare City (DHCC). The 210-bed cardiology and orthopaedics facility will have a built-up area of about 40,000 square metres rising to 10 storeys. Dubai-based Sharafi-PHB is the consultant; US-based Ellerbe Becket International is the design architect; and Canada's Cansult is the project manager. The local Welcare
  • Hidd plant handed over

    Hidd Power Company (HPC), a consortium comprising the UK's International Power (IP) with 40 per cent and Japan's Sumitomo Corporation and Belgium's Suez Tractebel, each with 30 per cent, on 22 January took over operation of the Hidd power and desalination complex. The handover came a day after the signature of the key project agreements on the brownfield independent water and power project (IWPP) between HPC and the Finance Ministry. The winning consortium, which was named preferred bidder wh
  • Hot reporting season continues

    A further string of positive results was released by regional banks in the final week of January, with the heavyweight UAE institutions all reporting soaring profitability and more measured rises in earnings coming from banks in Kuwait and Oman (see table).
  • HSBC and Daman partner for real estate fund

    HSBC Bank Middle East has partnered the local Daman Securities in its first real estate joint venture with the private sector. Subscription to the $200 million Arabian Real Estate Investment Trust (AREIT) is open to GCC investors only, beginning on 15 February and closing on 31 March. Eighty per cent of the fund will be set aside to purchase developed, high-end properties and 20 per cent to invest in real estate-related assets in the GCC, including special purpose vehicles and co-investments. No
  • IAEA favours referral of Iran

    The International Atomic Energy Agency (IAEA) on 2 February indicated it was in favour of a referral of Iran to the UN Security Council. The 35-member IAEA is set to resume its emergency meeting on 3 February, when according to media reports, it will vote to report Tehran to the Security Council to face possible sanctions. Syria and Cuba are set to vote against a referral.However, the threat of sanctions is to be withheld for one month to give Iran an opportunity to find a
  • IDRO replaces OIEC on South Pars 17-18

    Mines & Industry Ministry subsidiary Industrial Development & Renovation Organisation (IDRO) has taken a 50 per cent stake in the consortium developing South Pars 17-18. Akbar Torkan, managing director of Pars Oil & Gas Company (POGC), which is the project client, told an Oil Ministry news network in early February that IDRO would replace Oil Industries Engineering Company (OIEC) in the project, for which an engineering, procurement and construction (EPC) tender is expected this year (MEED 20
  • Ijara: Opening doors

    Five years ago the word ijara hardly featured in the local lexicon. And while it may not be a hot topic at dinner parties, middle-class professionals in Dubai are using mainly ijara mortgages to buy homes. Ijara, a sharia-compliant lease-to-own agreement, dominates the region's most developed home finance market, appealing to Muslims and non-Muslims alike.
  • Impressive returns

    The GCC bank reporting season has begun with a flurry of institutions posting another year of soaring profits on the back of rampant economic growth.
  • Indago drills dry well

    The UK's Indago has announced the abandonment of the Hagil 1 exploration well in onshore Ras al-Khaimah. 'We drilled a deep well to a depth of 4,476 metres through a series of potential targets but in the end decided it was not commercial,' says Indago chief executive officer Peter Sadler. 'Over the next couple of months, we will assess drilling in other prospects, applying the knowledge we have gained from Hagil 1 and reinterpreting the seismic surveys.' Indago, an offshoot of Australia's Novus
  • India lends cash for power plant

    Export-Import Bank of India has extended two lines of credit worth a combined $392 million to Khartoum to fund the construction of a 500-MW power plant, the Singa-Gedarif transmission line and a substation. The loan has a tenor of 12 years, including a three-year moratorium, and carries a margin of 400 basis points. Total project costs are estimated at $500 million and the government will supply the remainder of the funding. The oil-fired power plant at Kosti in the White Nile State in centra
  • Indians bid low for Muscat road

    India's Nagarjuna is low bidder at RO 68.6 million ($175.9 million) for the contract to build the Al-Amerat-Quriyat road. Its price is 11.5 per cent cheaper than the next lowest offer from Turkey's STFA at RO 76.5 million ($196.2 million). Eight companies priced the contract, which was retendered by the client, Muscat Municipality, after only four bids were received during the first round of bidding in late August. The contract calls for widening the existing road and building new sections over
  • Indians bid low for Muscat road

    India's Nagarjuna is low bidder at RO 68.6 million ($175.9 million) for the contract to build the Al-Amerat-Quriyat road. Its price is 11.5 per cent cheaper than the next lowest offer from Turkey's STFA at RO 76.5 million ($196.2 million). Eight companies priced the contract, which was retendered by the client, Muscat Municipality, after only four bids were received during the first round of bidding in late August. The contract calls for widening the existing road and building new sections over
  • Indians bid low for seawater cooling

    India's TEC Consulting Engineers is low bidder at RO 309,000 ($792,308) for the contract to provide consultancy services for the outline design, project management and construction supervision on the construction of a second seawater intake pumping station in the Sohar Industrial Port Company area. The other bidder is the US' Parsons International at RO 381,870 ($979,154). Both companies offered alternative offers, of RO 684,264 ($175,452) and RO 937,839 ($240,471) respectively. The scope of wor
  • Indonesians win small fields contract

    Indonesia's MedcoEnergi in partnership with Oman Oil Company has been awarded a contract by Petroleum Development Oman (PDO) to service a cluster of 18 small fields in the Nimr-Karim area in the south. The scope of works includes preparation of a development programme and an annual budget. MedcoEnergi will not take any equity in the fields, which produce a total of about 18,000 barrels a day. The project forms part of a wider plan by PDO to develop smaller fields, alongside major enhanced oil re
  • INDUSTRIAL DEVELOPMENT FUND: Funding drive

    Over the years, the Saudi Industrial Development Fund (SIDF) has played a pivotal role in nurturing industry in the kingdom. The non-profit development bank has extended billions of riyals to numerous companies, almost all of which have gone on to become a success. The fund's mandate is simple: to support and promote the development of the private industrial sector in the kingdom by providing medium to long-term soft loans. Up to 50 per cent of the project cost can be lent, up to a maximum am
  • Industry uncertain on EPSA-4

    Plans by National Oil Corporation (NOC) to hold a new exploration licensing round in March have been thrown into doubt after Oil Minister Fathi ben Shatwan repeated in late January comments he made in December that Tripoli was shifting its focus from exploration to the development of untapped existing fields.'We are taking a break from exploration,' Shatwan told reporters in Vienna on 30 January. 'We are thinking about giving service contracts to develop existing fields.' Shatwan's comme
  • ING to advise Finance Ministry

    A consortium of ING Advisory Services, Denmark's Carl Bro, GFA Consulting Group and ICON Institut, both of Germany, has been awarded a contract to provide consultancy services to the Finance Ministry on wide-ranging banking sector reform. 'In its current form the Central Bank of Syria does not yet have all the necessary competencies,' says a project source. 'We also plan to set up a training centre with private and public [local] banks. We have just started a pre-assessment phase to see if priva
  • Insurance companies set to start operations

    Syrian International Insurance Company (SIIC) has received a formal licence from the Syrian Insurance Supervisory Commission (SISC) to operate in the country. SIIC, the main shareholders in which are Beirut-based BLOM Bank and its insurance affiliate Arope Insurance, will have a capital of $20 million and is set to start operations in six months. The award follows preliminary approval in November of at least 11 insurance firms that expressed interest in the local market (MEED 25:11:05). Syria
  • Insurgent attacks leave 11 dead

    A series of insurgent attacks in Baghdad on 15 February left at least 11 dead. A car bomb targeting a police patrol in the north of the capital killed four policemen and left two wounded. Three schoolchildren were also killed on their way to school in the Al-Fadl district. Four unidentified bodies were also discovered in the predominantly Shia district of Al-Shula. The victims, all men, had been handcuffed, blindfolded and shot in the head, according to media reports.
  • Interview: Osman Sultan, CEO, EITC: Ringing in the changes

    In one of his first interviews since becoming chief executive officer (CEO) of the federation's new operator EITC, the former MobilNil CEO, Osman Sultan, explains why the new operator will make a differenceAs a new operator in a market that already has high penetration rates, how will you gain market share and differentiate yourself from the incumbent? The level of penetration in the market we are entering is a key challenge. We are competing with a very established operator that has reached
  • Interview: Yousef Hussain Kamal: A sure touch

    Yousef Hussain Kamal is probably in a minority of one when he talks about the growing gridlock on Doha's roads. 'I am happy there is congestion,' the finance minister admits. 'The way I look at it is that it shows there is a good economy out there.' Kamal has never been afraid to take the minority view in his decade-long tenure as finance minister. In the late 1990s, he implemented a highly unpopular fiscal reform programme, slashing budgets and cutting subsidies. Throughout, he maintained th
  • Introduction: Sweet home Arabia

    US property tycoon Donald Trump waxes lyrical when he speaks about real estate: 'It's tangible, it's solid, it's beautiful. It's artistic from my standpoint. I just love real estate.' And he should know. In October, he took his experience to the Middle East, where the joint venture agreement between The Trump Organisation and Dubai-based Nakheel, the developer behind the Palm islands, highlights the extent to which real estate has become integral to the regional economic boom. From the Atlant
  • Invensys wins automation subcontract

    The UK's Invensys Process Systems has won a multi-million dollar subcontract from South Korea's SK Engineering & Construction to supply an automation network for the south and east Kuwait oil field modernisation project. Under the terms of the contract, Invensys will provide its network-based Foxboro automation system to revamp two Kuwait Oil Company (KOC) crude oil gathering centres in the Burgan field. The automation network will control a wide variety of processes including separators, des
  • Investcom trading begins

    Trading of the global depositary receipts (GDRs) of Beirut-based emerging markets telecoms operator Investcom started on the Dubai International Financial Exchange (DIFX) on 27 January. Investcom closed an initial public offering of shares in October, managed by Citigroup and HSBC. The GDRs are also listed on the London Stock Exchange (MEED 14:10:05).
  • Investcorp drives on

    The local Investcorp has purchased France's Autodistribution, an automotive parts distributor, and is offering private equity stakes in the company to investors in the Middle East. Autodistribution has a network of 130 wholesalers operating 600 distribution outlets, which supply products under the AD and Autoprimo brands.
  • IPA to lead on Mashreq

    A consortium of IPA Energy Consulting and Penspen, both of the UK, and the National Technical University of Athens has been awarded the contract to carry out consultancy services on the planned Euro-Arab Mashreq gas market project Under the $4.5 million contract, the consortium will draw up a gas regulatory framework for Egypt, Jordan, Syria and Lebanon (MEED 25:11:05; 7:10:05).
  • IRAN

    Prequalification. Tender no 31-53-83206-53-013. Supply of 1, 2, 6 and 8-inch seamless line pipe, suitable for sour service. Bid bond is IR 22 million or $2,500. Details from National Iranian South Oil Fields Company, National Iranian Oil Company, Foreign Purchasing Department, Building 104, Kooy-e Fadaian Islam (New Site), Ahwaz, telephone/fax (98611) 4457437, website www.nisoc.com, www.shana.ir.
  • IRAN

    Prequalification. Tender no 31-53-83206-53-013. Supply of 1, 2, 6 and 8-inch seamless line pipe, suitable for sour service. Bid bond is IR 22 million or $2,500. Details from National Iranian South Oil Fields Company, National Iranian Oil Company, Foreign Purchasing Department, Building 104, Kooy-e Fadaian Islam (New Site), Ahwaz, telephone/fax (98611) 4457437, website www.nisoc.com, www.shana.ir.
  • IRAN

    Prequalification. Tender no 31-53-83206-53-013. Supply of 1, 2, 6 and 8-inch seamless line pipe, suitable for sour service. Bid bond is IR 22 million or $2,500. Details from National Iranian South Oil Fields Company, National Iranian Oil Company, Foreign Purchasing Department, Building 104, Kooy-e Fadaian Islam (New Site), Ahwaz, telephone/fax (98611) 4457437, website www.nisoc.com, www.shana.ir.
  • IRAN

    Tender no 84/ME/679. Manufacture and delivery of a passenger catamaran vessel for the Special Economic Shahid Rajaee zone. Bid bond is IR 900 million, $100,000 or Eur 84,000. Details, available until 13 March, on payment of IR 200,000 from Ports & Shipping organisation, Central Secretariat, South Didar Street, Haghani Highway, Vanak Square, Tehran, website www.iranets.com.
  • IRAN

    Tender no 84/ME/679. Manufacture and delivery of a passenger catamaran vessel for the Special Economic Shahid Rajaee zone. Bid bond is IR 900 million, $100,000 or Eur 84,000. Details, available until 13 March, on payment of IR 200,000 from Ports & Shipping organisation, Central Secretariat, South Didar Street, Haghani Highway, Vanak Square, Tehran, website www.iranets.com.
  • IRAN

    Tender no 84/ME/679. Manufacture and delivery of a passenger catamaran vessel for the Special Economic Shahid Rajaee zone. Bid bond is IR 900 million, $100,000 or Eur 84,000. Details, available until 13 March, on payment of IR 200,000 from Ports & Shipping organisation, Central Secretariat, South Didar Street, Haghani Highway, Vanak Square, Tehran, website www.iranets.com.
  • IRAN

    Provision of consultancy services comprising training and capacity building as part of the Ahwaz and Shiraz water supply and sanitation project. Financed by the World Bank. Details from Iranian National Water & Wastewater Engineering Company, H R Kashfi, Manager, Bureau for Procurement of Funds & Development of Non-Governmental Participation, 8 Abdollahzadeh Street, Keshavarz Boulevard, Tehran, PO Box 14155-6359, telephone (9821) 88980553, fax (9821) 88990190, e-mail pmu@nww.co.ir.
  • IRAN

    Provision of consultancy services comprising training and capacity building as part of the Ahwaz and Shiraz water supply and sanitation project. Financed by the World Bank. Details from Iranian National Water & Wastewater Engineering Company, H R Kashfi, Manager, Bureau for Procurement of Funds & Development of Non-Governmental Participation, 8 Abdollahzadeh Street, Keshavarz Boulevard, Tehran, PO Box 14155-6359, telephone (9821) 88980553, fax (9821) 88990190, e-mail pmu@nww.co.ir.
  • IRAN

    Provision of consultancy services comprising training and capacity building as part of the Ahwaz and Shiraz water supply and sanitation project. Financed by the World Bank. Details from Iranian National Water & Wastewater Engineering Company, H R Kashfi, Manager, Bureau for Procurement of Funds & Development of Non-Governmental Participation, 8 Abdollahzadeh Street, Keshavarz Boulevard, Tehran, PO Box 14155-6359, telephone (9821) 88980553, fax (9821) 88990190, e-mail pmu@nww.co.ir.
  • IRAN

    Tender no NPPOPP-SS4-B2-B3/05. Construction of about 55 kilometres of a wastewater collection system in Shiraz as part of the Ahwaz and Shiraz water supply and sanitation project. The system will comprise polyethylene (PE) pipes with internal diameters of 200, 250, 315 and 400 millimetres, glass-reinforced plastic (GRP) pipes with internal diameters of 500 and 600 millimetres and 9,100 connections. Financed by the World Bank. Bid bond is IR 650 million. A pre-bid meeting will take place on 7
  • IRAN

    Tender no NPPOPP-SS4-B2-B3/05. Construction of about 55 kilometres of a wastewater collection system in Shiraz as part of the Ahwaz and Shiraz water supply and sanitation project. The system will comprise polyethylene (PE) pipes with internal diameters of 200, 250, 315 and 400 millimetres, glass-reinforced plastic (GRP) pipes with internal diameters of 500 and 600 millimetres and 9,100 connections. Financed by the World Bank. Bid bond is IR 650 million. A pre-bid meeting will take place on 7
  • IRAN

    Tender no NPPOPP-SS4-B2-B3/05. Construction of about 55 kilometres of a wastewater collection system in Shiraz as part of the Ahwaz and Shiraz water supply and sanitation project. The system will comprise polyethylene (PE) pipes with internal diameters of 200, 250, 315 and 400 millimetres, glass-reinforced plastic (GRP) pipes with internal diameters of 500 and 600 millimetres and 9,100 connections. Financed by the World Bank. Bid bond is IR 650 million. A pre-bid meeting will take place on 7
  • IRAN

    Tender no 84/24. Supply of raw materials.
  • IRAN

    Tender no 84/24. Supply of raw materials.
  • IRAN

    Tender no 84/24. Supply of raw materials.
  • IRAN

    Supply of the following items of machinery: 1) a CNC-universal slat-bed lathe; 2) a CNC-vertical milling centre; 3) a surface grinder; 4) a cylindrical grinder; and 5) a tool grinder machine. Details from Security Printing & Minting Organisation, Bank Markazi, Z Haghighi, Commercial Department, 207 Pasdaran Avenue, Tehran 16649, telephone (9821) 22844882/5 ext 300/301, fax (9821) 22842033, e-mail spmo@cbi.ir.
  • IRAN

    Supply of the following items of machinery: 1) a CNC-universal slat-bed lathe; 2) a CNC-vertical milling centre; 3) a surface grinder; 4) a cylindrical grinder; and 5) a tool grinder machine. Details from Security Printing & Minting Organisation, Bank Markazi, Z Haghighi, Commercial Department, 207 Pasdaran Avenue, Tehran 16649, telephone (9821) 22844882/5 ext 300/301, fax (9821) 22842033, e-mail spmo@cbi.ir.
  • IRAN

    Supply of the following items of machinery: 1) a CNC-universal slat-bed lathe; 2) a CNC-vertical milling centre; 3) a surface grinder; 4) a cylindrical grinder; and 5) a tool grinder machine. Details from Security Printing & Minting Organisation, Bank Markazi, Z Haghighi, Commercial Department, 207 Pasdaran Avenue, Tehran 16649, telephone (9821) 22844882/5 ext 300/301, fax (9821) 22842033, e-mail spmo@cbi.ir.
  • IRAN

    Tender no 18-84/318. Supply of copper mold tubes and copper mold plates. Details from Isfahan Steel Company, Spare Parts Supply & Contracts Services Department, Second Floor, Towhid Building, End of Isfahan, Zob-e Ahan Freeway, Isfahan, telephone (98335257) 3673-3637, e-mail supplier@sfahansteel.com, website www.esfahansteel.com. CD 14 March 2006
  • IRAN

    Tender no 18-84/318. Supply of copper mold tubes and copper mold plates. Details from Isfahan Steel Company, Spare Parts Supply & Contracts Services Department, Second Floor, Towhid Building, End of Isfahan, Zob-e Ahan Freeway, Isfahan, telephone (98335257) 3673-3637, e-mail supplier@sfahansteel.com, website www.esfahansteel.com. CD 14 March 2006
  • IRAN

    Tender no 18-84/318. Supply of copper mold tubes and copper mold plates. Details from Isfahan Steel Company, Spare Parts Supply & Contracts Services Department, Second Floor, Towhid Building, End of Isfahan, Zob-e Ahan Freeway, Isfahan, telephone (98335257) 3673-3637, e-mail supplier@sfahansteel.com, website www.esfahansteel.com. CD 14 March 2006
  • IRAN

    Tender no 84/HE/697. Manufacturing and delivery of four rail-mounted double-jib cranes for the Shahid Rajaee special economic zone. Bid bond is IR 2,000 million, $220,000 or Eur 182,000.
  • IRAN

    Tender no 84/HE/697. Manufacturing and delivery of four rail-mounted double-jib cranes for the Shahid Rajaee special economic zone. Bid bond is IR 2,000 million, $220,000 or Eur 182,000.
  • IRAN

    Tender no 84/HE/697. Manufacturing and delivery of four rail-mounted double-jib cranes for the Shahid Rajaee special economic zone. Bid bond is IR 2,000 million, $220,000 or Eur 182,000.
  • IRAN

    Prequalification. (Open only to local/foreign prequalified contractors and those from Islamic Development Bank member countries.) Construction of a conveyance pipeline as part of the Aidoghmoosh irrigation and drainage network project, near Mianeh City in east Azarbaijan province, about 460 kilometres northwest of Tehran. Financed by the Islamic Development Bank. Details on payment of IR 800,000 or Eur 100 - to account no 99027 and 4009/47, respectively, Bank Sepah, North Felestine Street bra
  • IRAN

    Prequalification. (Open only to local/foreign prequalified contractors and those from Islamic Development Bank member countries.) Construction of a conveyance pipeline as part of the Aidoghmoosh irrigation and drainage network project, near Mianeh City in east Azarbaijan province, about 460 kilometres northwest of Tehran. Financed by the Islamic Development Bank. Details on payment of IR 800,000 or Eur 100 - to account no 99027 and 4009/47, respectively, Bank Sepah, North Felestine Street bra
  • IRAN

    Prequalification. (Open only to local/foreign prequalified contractors and those from Islamic Development Bank member countries.) Construction of a conveyance pipeline as part of the Aidoghmoosh irrigation and drainage network project, near Mianeh City in east Azarbaijan province, about 460 kilometres northwest of Tehran. Financed by the Islamic Development Bank. Details on payment of IR 800,000 or Eur 100 - to account no 99027 and 4009/47, respectively, Bank Sepah, North Felestine Street bra
  • IRAN

    Tender no 8340052. (Open only to prequalified contractors.) Supply of granular activated carbon for use in down-flow operations. Details from Fajr-e-Jam Gas Refining Company, National Iranian Gas Company, Rampco International Technical Services, 45 Sepand Street, Ostad Nejatollahi Street, telephone (9821) 88914437, fax (9821) 88914438, e-mail afrang@nigc.ir, raafrang@yahoo.com, website www.shana.ir. CD not stated
  • IRAN

    Tender no 8340052. (Open only to prequalified contractors.) Supply of granular activated carbon for use in down-flow operations. Details from Fajr-e-Jam Gas Refining Company, National Iranian Gas Company, Rampco International Technical Services, 45 Sepand Street, Ostad Nejatollahi Street, telephone (9821) 88914437, fax (9821) 88914438, e-mail afrang@nigc.ir, raafrang@yahoo.com, website www.shana.ir. CD not stated
  • IRAN

    Tender no 8340052. (Open only to prequalified contractors.) Supply of granular activated carbon for use in down-flow operations. Details from Fajr-e-Jam Gas Refining Company, National Iranian Gas Company, Rampco International Technical Services, 45 Sepand Street, Ostad Nejatollahi Street, telephone (9821) 88914437, fax (9821) 88914438, e-mail afrang@nigc.ir, raafrang@yahoo.com, website www.shana.ir. CD not stated
  • IRAN

    Tender no 2. (Open only to local contractors or local/foreign joint ventures with at least 51 per cent local partner share.) Carrying out, on a buy-back or financing (preferably buy-back) basis, the turnkey construction - engineering, procurement and commissioning - of an 800,000-tonne-a-year steel plant at Sirjan town in Kerman province consisting of a direct reduction unit and a steel melting and casting unit. Bid bond is IR 9,000 million or $1 million. Details, available until 19 March, on
  • IRAN

    Tender no 2. (Open only to local contractors or local/foreign joint ventures with at least 51 per cent local partner share.) Carrying out, on a buy-back or financing (preferably buy-back) basis, the turnkey construction - engineering, procurement and commissioning - of an 800,000-tonne-a-year steel plant at Sirjan town in Kerman province consisting of a direct reduction unit and a steel melting and casting unit. Bid bond is IR 9,000 million or $1 million. Details, available until 19 March, on
  • IRAN

    Tender no 2. (Open only to local contractors or local/foreign joint ventures with at least 51 per cent local partner share.) Carrying out, on a buy-back or financing (preferably buy-back) basis, the turnkey construction - engineering, procurement and commissioning - of an 800,000-tonne-a-year steel plant at Sirjan town in Kerman province consisting of a direct reduction unit and a steel melting and casting unit. Bid bond is IR 9,000 million or $1 million. Details, available until 19 March, on
  • IRAN

    Tender no T/84/083. Review of the basic engineering, detailed engineering, procurement, construction, precommissioning and commissioning for collecting all hydrogen gas sources in a refinery to a pressure swing absorption unit. Bid bond is IR 54.45 million. Details from Tehran Oil Refining Company, National Iranian Oil Company, National Iranian Oil Refining & Distribution Company, Room 45, Central Building, Boulevard Old Ghom Road, Ray City, Tehran, telephone/fax (9821) 55209296, e-mail tajik
  • IRAN

    Tender no T/84/083. Review of the basic engineering, detailed engineering, procurement, construction, precommissioning and commissioning for collecting all hydrogen gas sources in a refinery to a pressure swing absorption unit. Bid bond is IR 54.45 million. Details from Tehran Oil Refining Company, National Iranian Oil Company, National Iranian Oil Refining & Distribution Company, Room 45, Central Building, Boulevard Old Ghom Road, Ray City, Tehran, telephone/fax (9821) 55209296, e-mail tajik
  • IRAN

    Tender no T/84/083. Review of the basic engineering, detailed engineering, procurement, construction, precommissioning and commissioning for collecting all hydrogen gas sources in a refinery to a pressure swing absorption unit. Bid bond is IR 54.45 million. Details from Tehran Oil Refining Company, National Iranian Oil Company, National Iranian Oil Refining & Distribution Company, Room 45, Central Building, Boulevard Old Ghom Road, Ray City, Tehran, telephone/fax (9821) 55209296, e-mail tajik
  • IRAN

    Tender no T/84/082. Supply of two feed pumps on an engineering, procurement and construction (EPC) basis for an Isomax unit. Bid bond is IR 64.45 million. Details from Tehran Oil Refining Company, National Iranian Oil Company, National Iranian Oil Refining & Distribution Company, Room 45, Central Building, Boulevard Old Ghom Road, Ray City, Tehran, telephone/fax (9821) 55209296, e-mail tajik@tehranrefinery.ir, mohseni@tehranerfinery.ir. CD not stated
  • IRAN

    Tender no T/84/082. Supply of two feed pumps on an engineering, procurement and construction (EPC) basis for an Isomax unit. Bid bond is IR 64.45 million. Details from Tehran Oil Refining Company, National Iranian Oil Company, National Iranian Oil Refining & Distribution Company, Room 45, Central Building, Boulevard Old Ghom Road, Ray City, Tehran, telephone/fax (9821) 55209296, e-mail tajik@tehranrefinery.ir, mohseni@tehranerfinery.ir. CD not stated
  • IRAN

    Tender no T/84/082. Supply of two feed pumps on an engineering, procurement and construction (EPC) basis for an Isomax unit. Bid bond is IR 64.45 million. Details from Tehran Oil Refining Company, National Iranian Oil Company, National Iranian Oil Refining & Distribution Company, Room 45, Central Building, Boulevard Old Ghom Road, Ray City, Tehran, telephone/fax (9821) 55209296, e-mail tajik@tehranrefinery.ir, mohseni@tehranerfinery.ir. CD not stated
  • IRAN

    Tender no 43-84/2. Three years' supply of 600,000 tonnes of heavy scrap.
  • IRAN

    Tender no 43-84/2. Three years' supply of 600,000 tonnes of heavy scrap.
  • IRAN

    Tender no 43-84/2. Three years' supply of 600,000 tonnes of heavy scrap.
  • IRAN

    Prequalification. Tender no 31-53-82207-53-003. Supply of 1, 2, 6 and 8-inch seamless line pipe, suitable for sour service. Bid bond is $30,000. Details from National Iranian South Oil Fields Company, National Iranian Oil Company, Foreign Purchasing Department, Building 104, Kooy-e Fadaian Islam (New Site), Ahwaz, telephone/fax (98611) 4457437, www.nisoc.com, www.shana.ir.
  • IRAN

    Prequalification. Tender no 31-53-82207-53-003. Supply of 1, 2, 6 and 8-inch seamless line pipe, suitable for sour service. Bid bond is $30,000. Details from National Iranian South Oil Fields Company, National Iranian Oil Company, Foreign Purchasing Department, Building 104, Kooy-e Fadaian Islam (New Site), Ahwaz, telephone/fax (98611) 4457437, www.nisoc.com, www.shana.ir.
  • IRAN

    Prequalification. Tender no 31-53-82207-53-003. Supply of 1, 2, 6 and 8-inch seamless line pipe, suitable for sour service. Bid bond is $30,000. Details from National Iranian South Oil Fields Company, National Iranian Oil Company, Foreign Purchasing Department, Building 104, Kooy-e Fadaian Islam (New Site), Ahwaz, telephone/fax (98611) 4457437, www.nisoc.com, www.shana.ir.
  • IRAN

    Tender no 84/248. Supply of 10 diesel air compressors. Bid bond is IR 105 million or $12,000. Details from Iranian Oil Pipelines & Telecommunications Company, Public Relations Department, Procurement Section, National Iranian Oil Company, Building 67, Room 311, Sepand Street, Ostad Nejatollahi Street, Tehran, telephone (9821) 88809049/66155479, website www.shana.ir.
  • IRAN

    Tender no 84/248. Supply of 10 diesel air compressors. Bid bond is IR 105 million or $12,000. Details from Iranian Oil Pipelines & Telecommunications Company, Public Relations Department, Procurement Section, National Iranian Oil Company, Building 67, Room 311, Sepand Street, Ostad Nejatollahi Street, Tehran, telephone (9821) 88809049/66155479, website www.shana.ir.
  • IRAN

    Tender no 84/248. Supply of 10 diesel air compressors. Bid bond is IR 105 million or $12,000. Details from Iranian Oil Pipelines & Telecommunications Company, Public Relations Department, Procurement Section, National Iranian Oil Company, Building 67, Room 311, Sepand Street, Ostad Nejatollahi Street, Tehran, telephone (9821) 88809049/66155479, website www.shana.ir.
  • IRAN

    Tender no 84/ME/690. Manufacturing and delivery of four mooring boats for special economic Shahid Rajaee, Bahonar and Lengeh ports. Bid bond is IR 900 million, $100,000 or Eur 84,000. Details, available until 12 February, on payment of IR 200,000 from Ports & Shipping Organisation, Central Secretariat, South Didar Street, Haghani Highway, Vanak Square, Tehran, website www.iranets.com.
  • IRAN

    Tender no 84/ME/690. Manufacturing and delivery of four mooring boats for special economic Shahid Rajaee, Bahonar and Lengeh ports. Bid bond is IR 900 million, $100,000 or Eur 84,000. Details, available until 12 February, on payment of IR 200,000 from Ports & Shipping Organisation, Central Secretariat, South Didar Street, Haghani Highway, Vanak Square, Tehran, website www.iranets.com.
  • IRAN

    Tender no 84/ME/690. Manufacturing and delivery of four mooring boats for special economic Shahid Rajaee, Bahonar and Lengeh ports. Bid bond is IR 900 million, $100,000 or Eur 84,000. Details, available until 12 February, on payment of IR 200,000 from Ports & Shipping Organisation, Central Secretariat, South Didar Street, Haghani Highway, Vanak Square, Tehran, website www.iranets.com.
  • IRAN

    CD extension. Supply of 100,000 million tonnes a year, from 2006 to 2010, of sandy metallurgical-grade calcined alumina in jumbo bags, to be used in the Bandar Abbas smelter.
  • IRAN

    CD extension. Supply of 100,000 million tonnes a year, from 2006 to 2010, of sandy metallurgical-grade calcined alumina in jumbo bags, to be used in the Bandar Abbas smelter.
  • IRAN

    CD extension. Supply of 100,000 million tonnes a year, from 2006 to 2010, of sandy metallurgical-grade calcined alumina in jumbo bags, to be used in the Bandar Abbas smelter.
  • IRAN

    Prequalification. (Open to local contractors or local/foreign joint ventures with at least 51 per cent local partner share.) Implementation, on an engineering, procurement and construction (EPC) basis, of a gold processing plant. The project includes the design and development of the 2-tonne-a-year pure gold mine, based on the POX process, for the Zarshuran refractory gold ore mines in Takab in the northwest. Prequalification and questionnaire documents are available until 15 February.
  • IRAN

    Prequalification. (Open to local contractors or local/foreign joint ventures with at least 51 per cent local partner share.) Implementation, on an engineering, procurement and construction (EPC) basis, of a gold processing plant. The project includes the design and development of the 2-tonne-a-year pure gold mine, based on the POX process, for the Zarshuran refractory gold ore mines in Takab in the northwest. Prequalification and questionnaire documents are available until 15 February.
  • IRAN

    Prequalification. (Open to local contractors or local/foreign joint ventures with at least 51 per cent local partner share.) Implementation, on an engineering, procurement and construction (EPC) basis, of a gold processing plant. The project includes the design and development of the 2-tonne-a-year pure gold mine, based on the POX process, for the Zarshuran refractory gold ore mines in Takab in the northwest. Prequalification and questionnaire documents are available until 15 February.
  • IRAN

    Tender no 84/248. Supply of 10 diesel air compressors. Bid bond is IR 105 million or $12,000.
  • IRAN

    Tender no 84/248. Supply of 10 diesel air compressors. Bid bond is IR 105 million or $12,000.
  • IRAN

    Tender no 84/248. Supply of 10 diesel air compressors. Bid bond is IR 105 million or $12,000.
  • Iran

    Tender no A/7/77609. Supply, installation, transportation, commissioning and after-sales services of a wave-generating system for the Shohada sports recreational swimming pool. Bid bond is 5 per cent of tender price.
  • Iran

    Tender no A/7/77609. Supply, installation, transportation, commissioning and after-sales services of a wave-generating system for the Shohada sports recreational swimming pool. Bid bond is 5 per cent of tender price.
  • Iran

    Tender no A/7/77609. Supply, installation, transportation, commissioning and after-sales services of a wave-generating system for the Shohada sports recreational swimming pool. Bid bond is 5 per cent of tender price.
  • Iran

    CD extension. Expressions of interest. Provision of consultancy services for the supervision of emergency rehabilitation of the Mahan-Bam-Rostamabad highway as part of the Bam earthquake emergency reconstruction project. The highway is a single carriageway road and one of the most important roads in the eastern parts of Kerman province with a total length of about 190 kilometres. Financed by the World Bank. Details from Mohammad Mehdi Balvardi, Project Manager, Roads & Transportation Ministry
  • Iran

    CD extension. Expressions of interest. Provision of consultancy services for the supervision of emergency rehabilitation of the Mahan-Bam-Rostamabad highway as part of the Bam earthquake emergency reconstruction project. The highway is a single carriageway road and one of the most important roads in the eastern parts of Kerman province with a total length of about 190 kilometres. Financed by the World Bank. Details from Mohammad Mehdi Balvardi, Project Manager, Roads & Transportation Ministry
  • Iran

    CD extension. Expressions of interest. Provision of consultancy services for the supervision of emergency rehabilitation of the Mahan-Bam-Rostamabad highway as part of the Bam earthquake emergency reconstruction project. The highway is a single carriageway road and one of the most important roads in the eastern parts of Kerman province with a total length of about 190 kilometres. Financed by the World Bank. Details from Mohammad Mehdi Balvardi, Project Manager, Roads & Transportation Ministry
  • Iran

    Tender no 18-84-05. Supply of 10,000 tonnes of grooved rails, type PH-60. Bid bond is IR 1,350 million or $150,000. Details, available until 6 February, on payment of IR 100,000 - to account no 574-67, Bank Melli Iran, main branch - from Iranian Islamic Republic Railways, General Purchasing Department, Room 438, Fourth Floor, Shahid Kalantari Building, Rah Ahan Square, Tehran, telephone (9821) 55122923/55467051, fax (9821) 55647083, telex 213103 isrt ir, website www.iranets.com, www.irirw.com
  • Iran

    Tender no 18-84-05. Supply of 10,000 tonnes of grooved rails, type PH-60. Bid bond is IR 1,350 million or $150,000. Details, available until 6 February, on payment of IR 100,000 - to account no 574-67, Bank Melli Iran, main branch - from Iranian Islamic Republic Railways, General Purchasing Department, Room 438, Fourth Floor, Shahid Kalantari Building, Rah Ahan Square, Tehran, telephone (9821) 55122923/55467051, fax (9821) 55647083, telex 213103 isrt ir, website www.iranets.com, www.irirw.com
  • Iran

    Tender no 18-84-05. Supply of 10,000 tonnes of grooved rails, type PH-60. Bid bond is IR 1,350 million or $150,000. Details, available until 6 February, on payment of IR 100,000 - to account no 574-67, Bank Melli Iran, main branch - from Iranian Islamic Republic Railways, General Purchasing Department, Room 438, Fourth Floor, Shahid Kalantari Building, Rah Ahan Square, Tehran, telephone (9821) 55122923/55467051, fax (9821) 55647083, telex 213103 isrt ir, website www.iranets.com, www.irirw.com
  • Iran

    Tender no A/CE/G/03. Supply of construction equipment comprising 36 six-by-four transit mixers as part of the Bam earthquake emergency reconstruction project. Financed by the World Bank. Bid bond is $100,000.
  • Iran

    Tender no A/CE/G/03. Supply of construction equipment comprising 36 six-by-four transit mixers as part of the Bam earthquake emergency reconstruction project. Financed by the World Bank. Bid bond is $100,000.
  • Iran

    Tender no A/CE/G/03. Supply of construction equipment comprising 36 six-by-four transit mixers as part of the Bam earthquake emergency reconstruction project. Financed by the World Bank. Bid bond is $100,000.
  • Iran

    Tender no 84/HE/726. (Open only to foreign companies with a local technical partner). Manufa-cturing, delivery and supply of rubber-tyred gantry (RTG) cranes for Shahid Rajaee ports. Bid bond is IR 262 million, $28,800 or Eur 24,000.
  • Iran

    Tender no 84/HE/726. (Open only to foreign companies with a local technical partner). Manufa-cturing, delivery and supply of rubber-tyred gantry (RTG) cranes for Shahid Rajaee ports. Bid bond is IR 262 million, $28,800 or Eur 24,000.
  • Iran

    Tender no 84/HE/726. (Open only to foreign companies with a local technical partner). Manufa-cturing, delivery and supply of rubber-tyred gantry (RTG) cranes for Shahid Rajaee ports. Bid bond is IR 262 million, $28,800 or Eur 24,000.
  • Iran

    Tender no 84/HE/715. Disassembly, modification, repair and increasing the capacity of four rail-mounted double-jib cranes, and transportation from Shahid Rajaee to Anzali port for installation and commissioning at the destination port. Bid bond is IR 247 million.
  • Iran

    Tender no 84/HE/715. Disassembly, modification, repair and increasing the capacity of four rail-mounted double-jib cranes, and transportation from Shahid Rajaee to Anzali port for installation and commissioning at the destination port. Bid bond is IR 247 million.
  • Iran

    Tender no 84/HE/715. Disassembly, modification, repair and increasing the capacity of four rail-mounted double-jib cranes, and transportation from Shahid Rajaee to Anzali port for installation and commissioning at the destination port. Bid bond is IR 247 million.
  • Iran

    Tender no 6966. (Open to local/foreign joint venture companies with at least 51 per cent local partner share.) Revamping and refurbishment, on an engineering and procurement basis, of di-ammonium phosphate (DAP) plants with capacities of 800 million tonnes a day. The scope of works comprises the performance of a site survey, basic engineering, detailed engineering, procurement services, supply of equipment, technical assistance and any other services required for commissioning, start-up and p
  • Iran

    Tender no 6966. (Open to local/foreign joint venture companies with at least 51 per cent local partner share.) Revamping and refurbishment, on an engineering and procurement basis, of di-ammonium phosphate (DAP) plants with capacities of 800 million tonnes a day. The scope of works comprises the performance of a site survey, basic engineering, detailed engineering, procurement services, supply of equipment, technical assistance and any other services required for commissioning, start-up and p
  • Iran

    Tender no 6966. (Open to local/foreign joint venture companies with at least 51 per cent local partner share.) Revamping and refurbishment, on an engineering and procurement basis, of di-ammonium phosphate (DAP) plants with capacities of 800 million tonnes a day. The scope of works comprises the performance of a site survey, basic engineering, detailed engineering, procurement services, supply of equipment, technical assistance and any other services required for commissioning, start-up and p
  • Iran

    Tender no AT/84/149. Carrying out the general refurbishment of the Alvand drilling rig and converting it to a supporting barge for work-over operations. Details from Iranian Offshore Oil Company, National Iranian Oil Company, Contracts Department, Floor Five, 38 Touraj Street, Vali-e Asr Avenue, Modarres Crossroads, PO Box 5591, Tehran 19395, telephone (9821) 22024570, fax (9821) 22024566, website www.iooc.co.ir.
  • Iran

    Tender no AT/84/149. Carrying out the general refurbishment of the Alvand drilling rig and converting it to a supporting barge for work-over operations. Details from Iranian Offshore Oil Company, National Iranian Oil Company, Contracts Department, Floor Five, 38 Touraj Street, Vali-e Asr Avenue, Modarres Crossroads, PO Box 5591, Tehran 19395, telephone (9821) 22024570, fax (9821) 22024566, website www.iooc.co.ir.
  • Iran

    Tender no AT/84/149. Carrying out the general refurbishment of the Alvand drilling rig and converting it to a supporting barge for work-over operations. Details from Iranian Offshore Oil Company, National Iranian Oil Company, Contracts Department, Floor Five, 38 Touraj Street, Vali-e Asr Avenue, Modarres Crossroads, PO Box 5591, Tehran 19395, telephone (9821) 22024570, fax (9821) 22024566, website www.iooc.co.ir.
  • Iran

    Tender no 12-48-297. Supply of 25,000 tonnes of metallurgical coke. Details from Isfahan Steel Company, Shahed Ally, Karimkhane-Zand Avenue, Vali-e Asr Square, Tehran, telephone (9821) 88163348-51; or from Isfahan Steel Company, Raw Materials Purchasing Department, End of Isfahan Zob-e Ahan Freeway, Isfahan, telephone (98335257) 5255-5241-3681, e-mail supplier@esfahansteel.com, website www.esfahansteel.com.
  • Iran

    Tender no 12-48-297. Supply of 25,000 tonnes of metallurgical coke. Details from Isfahan Steel Company, Shahed Ally, Karimkhane-Zand Avenue, Vali-e Asr Square, Tehran, telephone (9821) 88163348-51; or from Isfahan Steel Company, Raw Materials Purchasing Department, End of Isfahan Zob-e Ahan Freeway, Isfahan, telephone (98335257) 5255-5241-3681, e-mail supplier@esfahansteel.com, website www.esfahansteel.com.
  • Iran

    Tender no 12-48-297. Supply of 25,000 tonnes of metallurgical coke. Details from Isfahan Steel Company, Shahed Ally, Karimkhane-Zand Avenue, Vali-e Asr Square, Tehran, telephone (9821) 88163348-51; or from Isfahan Steel Company, Raw Materials Purchasing Department, End of Isfahan Zob-e Ahan Freeway, Isfahan, telephone (98335257) 5255-5241-3681, e-mail supplier@esfahansteel.com, website www.esfahansteel.com.
  • Iran delays Russian nuclear talks

    Tehran postponed indefinitely talks with Russian nuclear officials on 13 February about Moscow's plan to take on Iran's uranium enrichment programme. President Ahmedinejad also threatened on 11 February to withdraw Iran from the nuclear non-proliferation treaty (NPT). Iranian presidential spokesman Gholamhossein Elham said the postponement was due to the 'new situation'. Tehran's decision to resume nuclear testing led to the International Atomic Energy Agency's (IAEA) decision, supported by
  • Iran officials in Moscow for atomic talks

    An Iranian delegation arrived in Moscow on 20 February to meet Russian nuclear officials to discuss a compromise over Tehran's nuclear programme ahead of possible sanctions by the UN Security Council. Moscow has proposed a deal for Iran's uranium enrichment to be carried out in Russia. 'The sides will discuss mainly technical issues such as the number of participants in the project and venues for enriching uranium,' Russian daily Gazeta reported. The talks have been supported by the EU 3 &n
  • Iran tension pushes up oil price

    Crude prices edged closer to the $70-a-barrel mark on 31 January as tension increased further over Iran's nuclear programme. In London, the price for Brent crude rose by eight cents to $68.38 a barrel, after the five permanent members of the UN Security Council and Germany a day earlier agreed to pursue the referral of Iran to the Security Council once the International Atomic Energy Agency (IAEA) issues a formal report on Tehran's nuclear programme in March. Iran has threatened that it
  • Iran to restart nuclear work

    Tehran told the International Atomic Energy Agency (IAEA) to remove some of its surveillance equipment from Iranian nuclear facilities by mid-February. The move follows the decision of the IAEA on 2 February to report Tehran to the UN Security Council over concern about its nuclear programme, after which Tehran vowed to stop all voluntary co-operation.'All voluntarily suspended, non-legally binding measures including the provisions of the Additional Protocol and even beyon
  • Iran-Russia talks end with no sign of success

    Two days of negotiations between Moscow and Tehran over Iran's nuclear programme ended on 21 February with no sign of a compromise. The two sides had been discussing Moscow's proposal to take on Iran's uranium enrichment programme. Russian Foreign Affairs Minister Sergei Levrov said it was too early to declare the talks a failure and said further talks were planned. 'I would be cautious about using the term 'collapse' or 'failure' until [all] the talks are over,' Lavrov said.
  • IRAQ

    Tender no EHRP.EED.ICB 01/2005/ 003. Project no P091305. Supply of medicines to be used in hospital emergency units as part of the population, health and nutrition sector's emergency health rehabilitation project. Financed by the World Bank.
  • IRAQ

    Tender no EHRP.EED.ICB 01/2005/ 003. Project no P091305. Supply of medicines to be used in hospital emergency units as part of the population, health and nutrition sector's emergency health rehabilitation project. Financed by the World Bank.
  • IRAQ

    Tender no EHRP.EED.ICB 01/2005/ 003. Project no P091305. Supply of medicines to be used in hospital emergency units as part of the population, health and nutrition sector's emergency health rehabilitation project. Financed by the World Bank.
  • IRAQ

    Tender no SCOP-13-2005. Supply of standard erection materials to be used for fixed and floating roof tanks. Details, available until 7 March, on payment of $100 from State Company for Oil Projects (SCOP), Director-General, Oil Ministry, Oil Complex Building, Port Saeed Street, PO Box 198, Baghdad, telephone (9641) 8177000/8177021/8177050, fax (9641) 8177119, telex 212230/212790 scop ik, e-mail genscop@warkaa.net.
  • IRAQ

    Tender no SCOP-13-2005. Supply of standard erection materials to be used for fixed and floating roof tanks. Details, available until 7 March, on payment of $100 from State Company for Oil Projects (SCOP), Director-General, Oil Ministry, Oil Complex Building, Port Saeed Street, PO Box 198, Baghdad, telephone (9641) 8177000/8177021/8177050, fax (9641) 8177119, telex 212230/212790 scop ik, e-mail genscop@warkaa.net.
  • IRAQ

    Tender no SCOP-13-2005. Supply of standard erection materials to be used for fixed and floating roof tanks. Details, available until 7 March, on payment of $100 from State Company for Oil Projects (SCOP), Director-General, Oil Ministry, Oil Complex Building, Port Saeed Street, PO Box 198, Baghdad, telephone (9641) 8177000/8177021/8177050, fax (9641) 8177119, telex 212230/212790 scop ik, e-mail genscop@warkaa.net.
  • IRAQ

    Tender no 1443/2006. Supply of two sets of vibration analysing packages. Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    Tender no 1443/2006. Supply of two sets of vibration analysing packages. Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    Tender no 1443/2006. Supply of two sets of vibration analysing packages. Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    Tender no 1445/2006. Supply of neutralisers and buffers.Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    Tender no 1445/2006. Supply of neutralisers and buffers.Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    Tender no 1445/2006. Supply of neutralisers and buffers.Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    Tender no 1434/2006. Supply of spare parts.Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    Tender no 1434/2006. Supply of spare parts.Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    Tender no 1434/2006. Supply of spare parts.Details from North Gas Company, PO Box 16, Kirkuk, fax (1281) 2201286, e-mail ngc_kirkuk@yahoo.com.
  • IRAQ

    General procurement notice. Supply of goods, carrying out works and provision of consultancy and related services for an emergency road rehabilitation project. The project will include the following: 1) road rehabilitation works to remove key bottlenecks in the highway network, particularly along critical highways and selected river crossings; 2) rural access roads; 3) expert services to the State Commission for Roads & Bridges and the General Directorate for Roads & Bridges for the Kurdistan
  • IRAQ

    General procurement notice. Supply of goods, carrying out works and provision of consultancy and related services for an emergency road rehabilitation project. The project will include the following: 1) road rehabilitation works to remove key bottlenecks in the highway network, particularly along critical highways and selected river crossings; 2) rural access roads; 3) expert services to the State Commission for Roads & Bridges and the General Directorate for Roads & Bridges for the Kurdistan
  • IRAQ

    General procurement notice. Supply of goods, carrying out works and provision of consultancy and related services for an emergency road rehabilitation project. The project will include the following: 1) road rehabilitation works to remove key bottlenecks in the highway network, particularly along critical highways and selected river crossings; 2) rural access roads; 3) expert services to the State Commission for Roads & Bridges and the General Directorate for Roads & Bridges for the Kurdistan
  • Iraq economy under pre-war levels

    Certain key sectors of Iraq's economy remain below pre-war levels, US Secretary of State Condoleezza Rice told a US Senate committee on 16 February. Crude oil production and electricity supply were both below pre-war levels. Oil production is reported to be 1.7 million barrels a day (b/d), down from a post-invasion peak of 2.5 million b/d, due in part to insurgent attacks on pipelines and infrastructure facilities. Electricity capacity in the country, estimated at 4,500 MW-5,400 MW, remains
  • Iraq halts dealings with Australian wheat exporter

    Baghdad suspended all dealings with AWB, Australia's monopoly wheat exporter, on 13 February. The suspension will remain in place until the completion of an inquiry into alleged bribery charges made against AWB. The move means AWB will miss the opportunity to bid for the lucrative Iraqi wheat importing contract.Claims, currently being investigated by the Australian government, have been made that AWB made illicit payments of $200 million to the regime of former Iraqi presi
  • IRAQI POWER: Static electricity

    The picture of the Iraqi power sector has become progressively gloomy since regime change in 2003. Power cuts seem endless, while lighting in most places is intermittent at best. Access to a generator is an expensive blessing, while outside the cities it is a rare luxury. The ongoing insurgency, lack of funding, harsh weather conditions and unavailability of spare parts and even fuel have left the sector in disarray.
  • Islamic private equity fund takes flight

    Boubyan Bank and the local Ryada Capital have launched the $150 million sharia-compliant Ryada Capital Islamic Fund. The 10-year private equity fund will invest mainly in the GCC, with no more than 20 per cent assigned to the broader Middle East and North Africa (MENA) region. It will focus on mergers, family businesses and privatisations. Minimum investment will be $5 million targeted particularly at GCC institutional investors. Boubyan and Ryada will both commit up to 10 per cent of the tot
  • Israel and Hezbollah exchange fire in Shebaa Farms

    Israel reacted to a guerrilla attack on one of its military posts in the Shebaa Farms area on 3 February by firing on suspected Hezbollah positions in south Lebanon. 'We see this attack as a very serious provocation from the Hezbollah terror organisation which is working under the auspices of Lebanon. The state of Israel holds the Lebanese government responsible for any terror attack emanating from its territory,' an Israeli army spokesman said. Hezbollah said its attack w
  • Israel moots Palestinian workers ban

    The Israeli Defence Ministry has recommended a ban on all Palestinians working in Israel and travelling between Gaza and the West Bank should Hamas form the new Palestinian government, Reuters reported on 16 February. According to the World Bank, 66,000 Palestinians travel into Israel daily for work. The proposed ban has not yet been approved by acting prime minister Ehud Olmert. Under the plan, Israel would also halt plans for the construction of a port at Gaza and the rehabilitation of it
  • Israel postpones decision on Hamas

    The Israeli cabinet met on 17 February but postponed its decision on whether to implement measures against the Palestinian Authority (PA) if Hamas leads the new government. Acting prime minister Ehud Olmert approved the defence ministry's proposal to halt custom duty payments to the PA and to tighten travel restrictions on Palestinians. However, the cabinet took the decision to put the issue to a vote of the entire cabinet on 20 February after the inaugural session of the new Palestinian
  • Israel postpones decision on Hamas

    The Israeli cabinet on 17 February postponed its decision on whether to implement measures against the Palestinian Authority (PA) if Hamas leads the new government. Acting prime minister Ehud Olmert approved the Defence Ministry's proposal to halt custom duty payments to the PA and to tighten further travel restrictions on Palestinians. However, the cabinet took the decision to put the issue to a vote of the entire cabinet on 20 February after the inaugural session of the new Palestinian
  • Israel to make tax payment; investigation into PA reveals missing $700 million

    Israel agreed on 5 February to pay the Palestinian Authority (PA) its monthly payment of $45 million, but it is expected to be the last transfer of its kind. The monthly transfer, which provides at present almost half of the PA's monthly revenue, is made up of value added tax (VAT) and customs duties collected on the PA's behalf by Israel. However, Tel Aviv has refused to make any more payments to a PA led by Hamas, a group formally committed to the destruction of Israel.'
  • Israeli cabinet votes for sanctions

    Israel's cabinet voted on 19 February to impose punitive sanctions on the new Hamas-led Palestinian Authority (PA). Tel Aviv will withhold $50 million in monthly customs duties owed to the PA and will tighten border controls for Palestinians who work in Israel. 'It is clear that in the light of the Hamas majority in the Palestinian Legislative Council and the instructions to form a new government that were given to the head of Hamas, the PA is, in practice, becoming a terrorist authority
  • Israeli troops kill two in Gaza

    Two Palestinians were killed and one injured by Israeli troops in Gaza on 24 February. The Israeli military said the men had been laying explosive devices near the border and soldiers opened fire. However, other reports said the men had been trying to cross into Israel for work. There was no confirmation as to whether the men were members of a militant organisation.The deaths come one day after five Palestinians were killed by an Israeli army raid in the Balata refugee cam
  • Istithmar enters hospital JV

    Local investment house Istithmar has entered a joint venture (JV) agreement with Thailand-based Bumrungrad International to set up a 125-bed hospital on Sheikh Zayed highway, adjacent to Jumeirah Lake Towers. Total project costs are estimated at AED 300 million ($81.7 million) and completion is due by the end of 2007. Bumrungrad will operate the facility. Istithmar is also investing AED 101 million ($27.5 million) in the parent company, Bumrungrad Hospital Public Company, and has signed a memora
  • Italians, locals design Amman corridor scheme

    A team of Italy's Lotti & Associati and the local Engicon has been selected for the design contract for phases two and three of the estimated $161 million Amman development corridor project (ADCP). Under the terms of the contract, Lotti will prepare a feasibility study and tender documents for both phases, which involve the construction of a 70-kilometre Amman ring road, connecting the desert highway, the Zarqa eastern bypass and the Zarqa-Syria border highway, and an inland port facility and a
  • Italians, locals design Amman corridor scheme

    A team of Italy's Lotti & Associati and the local Engicon has been selected for the design contract for phases two and three of the estimated $161 million Amman development corridor project (ADCP). Under the terms of the contract, Lotti will prepare a feasibility study and tender documents for both phases, which involve the construction of a 70-kilometre Amman ring road, connecting the desert highway, the Zarqa eastern bypass and the Zarqa-Syria border highway, and an inland port facility and a
  • ITB out for Salalah methanol EPC

    Invitation to bid (ITB) documents have been released to prequalified companies for the engineering, procurement and construction (EPC) contract on the Salalah methanol project. Bids are due by 1 July. The five firms are South Korea's GS Engineering & Construction, Norway's Aker Kvaerner, Germany's Uhde, Paris-based Technip and Spain's Tecnicas Reunidas. The contract calls for the construction of a plant with capacity of 3,000 tonnes a day. Front-end engineering and design (FEED) work is under wa
  • J&P bids low for creek

    Dubai Road & Transport Authority (DRTA) opened bids from five companies on 5 February for phase 3b of the Ras al-Khor creek crossing project (MEED 6:1:06). The local/Cypriot National Wheel J&P submitted a low bid of AED 449 million ($122 million). The local/UK Dutco Balfour Beatty quoted a price of AED 462 million ($126 million), Japan's Taisei Corporation with the local/Belgian Bel Hasa Six Construct submitted a bid of AED 479 million ($131 million) and Construtura Norberto Odebrecht, a subsidi
  • J&P bids low for creek

    Dubai Road & Transport Authority (DRTA) opened bids from five companies on 5 February for phase 3b of the Ras al-Khor creek crossing project (MEED 6:1:06). The local/Cypriot National Wheel J&P submitted a low bid of AED 449 million ($122 million). The local/UK Dutco Balfour Beatty quoted a price of AED 462 million ($126 million), Japan's Taisei Corporation with the local/Belgian Bel Hasa Six Construct submitted a bid of AED 479 million ($131 million) and Construtura Norberto Odebrecht, a subsidi
  • J&P wins Faregh

    Waha Oil Company has awarded Athens-based Joannou & Paraskevaides (J&P - Overseas) the $124.6 million engineering, procurement and construction (EPC) contract for the phase 2 development of the Faregh gas field, 200 kilometres south of Ras Lanuf.J&P was the low bidder on the contract following the submission of revised bids in late August by J&P and Germany's MAN Ferrostaal. The original bids were understood to have been about $193 million. US-based Foster Wheeler was originally in the J
  • Jaafari set to keep PM role

    Iraqi prime minister Ibrahim Jaafari on 13 February looked likely to keep the job after his political coalition, the United Iraqi Alliance (UIA), renominated him. The Shia-dominated UIA is the largest bloc in Iraq's parliament, taking 128 of the 275 available seats in December's elections. The nomination of Jaafari, who is a member of Dawa, one of the parties in the UIA coalition, must be ratified by a parliamentary majority.If his nomination is confirmed, Jaafari will lea
  • JORDAN

    Expressions of interest. Contract no IC-SCM3. Provision of export development specialists for a horticultural exports promotion and technology transfer project. The specialists would assist a senior export development consultant in the establishment and execution of the Horticultural Export Fund. Financed by the World Bank. Details from Agriculture Ministry, Mahmoud Hiyari, Horticultural Export Promotion Project, Queen Rania Street, PO Box 9145, Amman 11191, telephone (9626) 5686151/5690551,
  • JORDAN

    Expressions of interest. Contract no IC-SCM3. Provision of export development specialists for a horticultural exports promotion and technology transfer project. The specialists would assist a senior export development consultant in the establishment and execution of the Horticultural Export Fund. Financed by the World Bank. Details from Agriculture Ministry, Mahmoud Hiyari, Horticultural Export Promotion Project, Queen Rania Street, PO Box 9145, Amman 11191, telephone (9626) 5686151/5690551,
  • JORDAN

    Expressions of interest. Contract no IC-SCM3. Provision of export development specialists for a horticultural exports promotion and technology transfer project. The specialists would assist a senior export development consultant in the establishment and execution of the Horticultural Export Fund. Financed by the World Bank. Details from Agriculture Ministry, Mahmoud Hiyari, Horticultural Export Promotion Project, Queen Rania Street, PO Box 9145, Amman 11191, telephone (9626) 5686151/5690551,
  • JORDAN

    Expressions of interest. Contract no IC-SCM2. Provision of a senior horticultural export development specialist for a horticultural exports promotion and technology transfer project. The horticultural export development consultant would be responsible for managing a business development unit which will be responsible for the management and execution of a horticultural export fund. In addition, the senior specialist would train on-the-job group members in building effective export activities.
  • JORDAN

    Expressions of interest. Contract no IC-SCM2. Provision of a senior horticultural export development specialist for a horticultural exports promotion and technology transfer project. The horticultural export development consultant would be responsible for managing a business development unit which will be responsible for the management and execution of a horticultural export fund. In addition, the senior specialist would train on-the-job group members in building effective export activities.
  • JORDAN

    Expressions of interest. Contract no IC-SCM2. Provision of a senior horticultural export development specialist for a horticultural exports promotion and technology transfer project. The horticultural export development consultant would be responsible for managing a business development unit which will be responsible for the management and execution of a horticultural export fund. In addition, the senior specialist would train on-the-job group members in building effective export activities.
  • JORDAN

    Prequalification. Tender no 2/2006. (Open only to US and local contractors.) Construction, start-up and commissioning of a new wastewater treatment plant in north Shouneh that will treat septage discharged from tankers at a rate of up to 1,200 cubic metres a day for the Water Authority of Jordan. The project's components consist of, but are not limited to, the following: 1) a septage receiving station; 2) six anaerobic basins with an approximate total volume of 20,000 cubic metres; 3) eight s
  • JORDAN

    Prequalification. Tender no 2/2006. (Open only to US and local contractors.) Construction, start-up and commissioning of a new wastewater treatment plant in north Shouneh that will treat septage discharged from tankers at a rate of up to 1,200 cubic metres a day for the Water Authority of Jordan. The project's components consist of, but are not limited to, the following: 1) a septage receiving station; 2) six anaerobic basins with an approximate total volume of 20,000 cubic metres; 3) eight s
  • JORDAN

    Prequalification. Tender no 2/2006. (Open only to US and local contractors.) Construction, start-up and commissioning of a new wastewater treatment plant in north Shouneh that will treat septage discharged from tankers at a rate of up to 1,200 cubic metres a day for the Water Authority of Jordan. The project's components consist of, but are not limited to, the following: 1) a septage receiving station; 2) six anaerobic basins with an approximate total volume of 20,000 cubic metres; 3) eight s
  • JORDAN

    Prequalification. Tender no APC/110/R/2006. Building a new cold crystallisation and compaction plant (CCP) at Safi, north of an existing plant, for the upgrading of the coarse carnallite handling system at the existing plant, and installation of equipment and electrical works at the new Safi warehouse. The project comprises: 1) the CCP - carrying out structural and civil works, electrical works, mechanical works, process control works, and services works; 2) the coarse carnallite handling sys
  • JORDAN

    Prequalification. Tender no APC/110/R/2006. Building a new cold crystallisation and compaction plant (CCP) at Safi, north of an existing plant, for the upgrading of the coarse carnallite handling system at the existing plant, and installation of equipment and electrical works at the new Safi warehouse. The project comprises: 1) the CCP - carrying out structural and civil works, electrical works, mechanical works, process control works, and services works; 2) the coarse carnallite handling sys
  • JORDAN

    Prequalification. Tender no APC/110/R/2006. Building a new cold crystallisation and compaction plant (CCP) at Safi, north of an existing plant, for the upgrading of the coarse carnallite handling system at the existing plant, and installation of equipment and electrical works at the new Safi warehouse. The project comprises: 1) the CCP - carrying out structural and civil works, electrical works, mechanical works, process control works, and services works; 2) the coarse carnallite handling sys
  • Jordan demands apology from Israeli general

    Amman demanded on 23 February an apology from an Israeli general who suggested King Abdullah might be the last Hashemite to sit on the Jordanian throne. Yair Naveh, the head of Israel's Central Command, told a lecture audience on 22 February that an 'Islamist axis' could topple the Jordanian royal dynasty. 'Given that Jordan is 80 per cent Palestinian, we might - heaven forbid - reach a situation in which Abdullah is the last Hashemite king,' he said. Naveh sent a letter of apology to Am
  • Jordan editors charged

    The editors of two Jordanian newspapers who published cartoons of the prophet Mohammed were arrested and on 5 February charged with 'defaming prophets in public'. Both men were later released on bail. If found guilty they could face up to three years in prison.The editor of Jordan weekly newspaper Shihan, Jihad Momani, and Hesham Khalidi of the weekly Al-Mehwar, were accused of insulting religion under Jordan's press and publications law. Both papers had reprinted some of
  • JPMC sale back on table

    The privatisation of Jordan Phosphate Mines Company (JPMC) is back on track, according to an announcement made by Prime Minister Marouf Bakhit in early February. Project sources have put the delay down to the change of government, following the bomb attacks in Amman in November 2005. International companies will be allowed to bid for the sale of the government's 37 per cent stake in JPMC. Several Indian companies are understood to have expressed interest in acquiring the government's stake. The
  • JV picked for Lusail transfer contract

    A consortium of France's Degremont, Japan's Marubeni Corporation and Kuwait's Mushrif Trading & Contracting Company has been selected for the design-build-operate contract on the Lusail sewage transfer and treatment system. The contract, expected to be worth about $200 million, is due to be signed by the beginning of March. The client is Qatari Diar Real Estate Investment Company, the developer behind the estimated $5,000 million Lusail real estate project (MEED 17:6:05).
  • JV wins terminal 3 and concourse 3 piling

    A joint venture of Germany's Bauer and the local Middle East Foundations has been awarded the piling package for the estimated AED 2,000 million ($545 million) terminal 3, concourse 3 project at Dubai International Airport. The contract calls for the installation of about 4,500 40-metre-deep piles.
  • JV wins terminal 3 and concourse 3 piling

    A joint venture of Germany's Bauer and the local Middle East Foundations has been awarded the piling package for the estimated AED 2,000 million ($545 million) terminal 3, concourse 3 project at Dubai International Airport. The contract calls for the installation of about 4,500 40-metre-deep piles.
  • K&A submits highways design studies

    Lebanon's Khatib & Alami (K&A) has submitted design studies to national roads agency Autoroutes du Maroc (ADM) for three major highway projects in the kingdom worth a total of $500 million:
  • K&A submits highways design studies

    Lebanon's Khatib & Alami (K&A) has submitted design studies to national roads agency Autoroutes du Maroc (ADM) for three major highway projects in the kingdom worth a total of $500 million:
  • Kadima launches campaign

    Israeli governing party Kadima on 1 February launched its political campaign ahead of the general election on 28 March. Led by acting prime minister Ehud Olmert, the party has been forecast to become the largest party in the Knesset (parliament) after the elections. 'History has proven that when the people of Israel unite under a serious and responsible leadership, we know how to overcome all challenges and obstacles,' Olmert says. Olmert became the party's leader in early
  • Kamco cradles capital increases

    Local telecommunications engineering company Hayat Communications, a division of Hayat Group, has launched a private placement of 12 million shares. Kipco Asset Management Company (Kamco) is managing the placement, which closes on 21 February and will increase the number of shares by almost 50 per cent. The new capital will fund the restructuring of the company, which operates across the region and has plans to expand into the mobile telecommunications infrastructure markets in Iran, Iraq, Om
  • Key awards made on DLR scheme

    The Dubai Rapid Link (DURL) has made awards on a number of key packages for the Dubai Light Rail (DLR) transit scheme. The awards include four station foundation packages and the ready-mix concrete supply contract.The local/Swiss Arabian Forasol has been awarded the diaphragm wall package for the Al-Rigga station in the Nasser Square area. Work is expected to start in March.A joint venture of the local Middle East Foundations and South Korea's Sambo has been awarded the foundatio
  • Key awards made on DLR scheme

    The Dubai Rapid Link (DURL) has made awards on a number of key packages for the Dubai Light Rail (DLR) transit scheme. The awards include four station foundation packages and the ready-mix concrete supply contract.The local/Swiss Arabian Forasol has been awarded the diaphragm wall package for the Al-Rigga station in the Nasser Square area. Work is expected to start in March.A joint venture of the local Middle East Foundations and South Korea's Sambo has been awarded the foundatio
  • KHI buys Fairmont

    Riyadh-based Kingdom Hotels International (KHI), a subsidiary of Prince Alwaleed bin Talal's Kingdom Holding Company, has entered an agreement to acquire Canada's Fairmont Hotels & Resorts in a deal worth $5,500 million. The all-cash transaction will see Fairmont acquired by a vehicle owned two-thirds by KHI affiliates and one-third by US-based investment firm Colony Capital Acquisitions.
  • KHI buys Fairmont

    Riyadh-based Kingdom Hotels International (KHI), a subsidiary of Prince Alwaleed bin Talal's Kingdom Holding Company, has entered an agreement to acquire Canada's Fairmont Hotels & Resorts in a deal worth $5,500 million. The all-cash transaction will see Fairmont acquired by a vehicle owned two-thirds by KHI affiliates and one-third by US-based investment firm Colony Capital Acquisitions.
  • KHI launches IPO

    Kingdom Hotel Investments (KHI), a subsidiary of Kingdom Holding Company, launched an initial public offering (IPO) of almost 43 million ordinary and global depository shares (GDS) on 10 February. The shares were priced at $8 and $9.50 respectively. Ordinary shares will trade on the Dubai International Financial Exchange (DIFX) and the GDS on the London Stock Exchange. KHI has granted Deutsche Bank and Morgan Stanley, which are joint global co-ordinators and bookrunners for the offering and j
  • Khurais development forges ahead

    Technical and commercial bids from three prequalified companies and groups were submitted on 28 January for the offsites and utilities (O&U) package on the Khurais oil increment programme. Tenders have also been issued for the associated seawater/crude oil pipelines packages. The client on both projects is Saudi Aramco.
  • Kingdom confirms IPO plans

    Kingdom Hotel Investments (KHI), a subsidiary of Prince Alwaleed bin Talal's Kingdom Holding Company, has confirmed its intention to stage an initial public offering (IPO). KHI will seek a listing of ordinary shares on the Dubai International Financial Exchange (DIFX) and a listing of global depositary shares on the London Stock Exchange (LSE). Pre-marketing has started and the IPO is expected to come to market by the end of the first quarter. Deutsche Bank and Morgan Stanley are joint global co
  • Kingdom's banks see profits soar

    The kingdom's listed local banks have recorded another record-breaking year, reporting double-digit profits growth and rapid balance sheet expansion (see table). And 2006 is looking to be a similarly successful and eventful year, as banks launch new funding instruments, stock market opportunities multiply and new financial institutions enter the liberalising market.Samba Financial Group, the kingdom's largest listed bank in terms of assets, posted a 60 per cent increase in profits, which
  • KNPC issues control upgrade tender

    State refinery operator Kuwait National Petroleum Company (KNPC) has invited 11 local and international companies and groups to bid by 4 April for a phase 2 contract to upgrade control systems at its Mina al-Ahmadi refinery (see Tenders). The scope of works on the estimated $50 million-75 million engineering, procurement and construction (EPC) contract calls for the replacement and upgrade of the existing distributed control system (DCS) at the refinery. Three firms - Emerson Process Management
  • KNPC moves on LPG train

    State refinery operator Kuwait National Petroleum Company (KNPC) received on 6 February expressions of interest (EoIs) from several international contractors for the front-end engineering and design (FEED) and residual engineering, procurement and construction (EPC) contracts on the planned fourth liquefied petroleum gas (LPG) train at its Mina al-Ahmadi refinery (MEED 10:6:05).
  • KUWAIT

    Tender no ME/EW/70/2005-2006. (Open to prequalified contractors only.) Carrying out minor construction works and maintenance of facilities and utilities at the Energy Ministry's Stores Department. Bid bond is KD 25,000.
  • KUWAIT

    Tender no ME/EW/70/2005-2006. (Open to prequalified contractors only.) Carrying out minor construction works and maintenance of facilities and utilities at the Energy Ministry's Stores Department. Bid bond is KD 25,000.
  • KUWAIT

    Tender no ME/EW/70/2005-2006. (Open to prequalified contractors only.) Carrying out minor construction works and maintenance of facilities and utilities at the Energy Ministry's Stores Department. Bid bond is KD 25,000.
  • KUWAIT

    Tender no ME/EW/71/2005-2006. (Open to prequalified contractors only.) Carrying out minor construction works and maintenance of facilities and utilities at the Capital, Hawally and Jahra governorates for the Energy Ministry. Bid bond is KD 50,000.
  • KUWAIT

    Tender no ME/EW/71/2005-2006. (Open to prequalified contractors only.) Carrying out minor construction works and maintenance of facilities and utilities at the Capital, Hawally and Jahra governorates for the Energy Ministry. Bid bond is KD 50,000.
  • KUWAIT

    Tender no ME/EW/71/2005-2006. (Open to prequalified contractors only.) Carrying out minor construction works and maintenance of facilities and utilities at the Capital, Hawally and Jahra governorates for the Energy Ministry. Bid bond is KD 50,000.
  • KUWAIT

    Tender no ME/EW/92/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers in the southern area for the Energy Ministry. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no ME/EW/92/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers in the southern area for the Energy Ministry. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no ME/EW/92/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers in the southern area for the Energy Ministry. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no PA/Sh.AM/102/2005/2006. Carrying out complete electrical maintenance works for the Public Authority for Applied Education & Training's colleges and institutes in the first area. Bid bond is KD 20,000. A pre-bid meeting will take place on 21 February.
  • KUWAIT

    Tender no PA/Sh.AM/102/2005/2006. Carrying out complete electrical maintenance works for the Public Authority for Applied Education & Training's colleges and institutes in the first area. Bid bond is KD 20,000. A pre-bid meeting will take place on 21 February.
  • KUWAIT

    Tender no PA/Sh.AM/102/2005/2006. Carrying out complete electrical maintenance works for the Public Authority for Applied Education & Training's colleges and institutes in the first area. Bid bond is KD 20,000. A pre-bid meeting will take place on 21 February.
  • KUWAIT

    Tender no 12/2005/2006. Carrying out a marine works maintenance project at the sea rescue centre in Ras al-Ard, in the Salmiya area, for the General Fire Brigade Department. Bid bond is 5 per cent of tender price. Details on payment of KD 40 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no 12/2005/2006. Carrying out a marine works maintenance project at the sea rescue centre in Ras al-Ard, in the Salmiya area, for the General Fire Brigade Department. Bid bond is 5 per cent of tender price. Details on payment of KD 40 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no 12/2005/2006. Carrying out a marine works maintenance project at the sea rescue centre in Ras al-Ard, in the Salmiya area, for the General Fire Brigade Department. Bid bond is 5 per cent of tender price. Details on payment of KD 40 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no 1822805. Supply of pre-cast ready-mix concrete for the Defence Ministry. Bid bond is 5 per cent of tender price. A site visit will take place on 27 February and a pre-bid meeting on 28 February.
  • KUWAIT

    Tender no 1822805. Supply of pre-cast ready-mix concrete for the Defence Ministry. Bid bond is 5 per cent of tender price. A site visit will take place on 27 February and a pre-bid meeting on 28 February.
  • KUWAIT

    Tender no 1822805. Supply of pre-cast ready-mix concrete for the Defence Ministry. Bid bond is 5 per cent of tender price. A site visit will take place on 27 February and a pre-bid meeting on 28 February.
  • KUWAIT

    Tender no 3619/PD/CA. (Open to prequalified contractors only.) Carrying out the second phase of a contract to upgrade control systems at Kuwait National Petroleum Company's Mina al-Ahmadi refinery. The scope of works for the engineering, procurement and construction (EPC) contract comprises the replacement and upgrade of the existing distributed control system (DCS) at the refinery. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 13 February.
  • KUWAIT

    Tender no 3619/PD/CA. (Open to prequalified contractors only.) Carrying out the second phase of a contract to upgrade control systems at Kuwait National Petroleum Company's Mina al-Ahmadi refinery. The scope of works for the engineering, procurement and construction (EPC) contract comprises the replacement and upgrade of the existing distributed control system (DCS) at the refinery. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 13 February.
  • KUWAIT

    Tender no 3619/PD/CA. (Open to prequalified contractors only.) Carrying out the second phase of a contract to upgrade control systems at Kuwait National Petroleum Company's Mina al-Ahmadi refinery. The scope of works for the engineering, procurement and construction (EPC) contract comprises the replacement and upgrade of the existing distributed control system (DCS) at the refinery. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 13 February.
  • KUWAIT

    Tender no S/MSAL/14/2005-2006. Carrying out minor construction works and maintenance of facilities and utilities at a social care houses complex at Sulaibikhat, external annexes and the southern Sabahiya complex, for the Social Affairs & Labour Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 19 February.
  • KUWAIT

    Tender no S/MSAL/14/2005-2006. Carrying out minor construction works and maintenance of facilities and utilities at a social care houses complex at Sulaibikhat, external annexes and the southern Sabahiya complex, for the Social Affairs & Labour Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 19 February.
  • KUWAIT

    Tender no S/MSAL/14/2005-2006. Carrying out minor construction works and maintenance of facilities and utilities at a social care houses complex at Sulaibikhat, external annexes and the southern Sabahiya complex, for the Social Affairs & Labour Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 19 February.
  • KUWAIT

    Tender no S/MQA/6/2005-2006. Carrying out landscaping works for Health Ministry facilities. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 20 February.
  • KUWAIT

    Tender no S/MQA/6/2005-2006. Carrying out landscaping works for Health Ministry facilities. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 20 February.
  • KUWAIT

    Tender no S/MQA/6/2005-2006. Carrying out landscaping works for Health Ministry facilities. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 20 February.
  • KUWAIT

    Tender no MEW/91/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers in the northern area for the Energy Ministry. Bid bond is 5 per cent of tender price. Details on payment of KD 200 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no MEW/91/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers in the northern area for the Energy Ministry. Bid bond is 5 per cent of tender price. Details on payment of KD 200 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no MEW/91/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers in the northern area for the Energy Ministry. Bid bond is 5 per cent of tender price. Details on payment of KD 200 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Prequalification. Carrying out the engineering, procurement and construction (EPC) of a liquid gas packing plant. Details on payment of KD 100 from Kuwait Oil Tanker Company, Contracts Group, 20th Floor, Sahab Tower, Salhiya, Kuwait City, telephone (965) 2462839, fax (965) 2419946, website www.kotc.com.kw. CD 13 March 2006
  • KUWAIT

    CD extension. Tender no ME/EW/68/2005-2006. Replace-ment of acid batteries for steam units at the Al-Zoor southern power station for the Energy Ministry.
  • KUWAIT

    CD extension. Tender no ME/EW/68/2005-2006. Replace-ment of acid batteries for steam units at the Al-Zoor southern power station for the Energy Ministry.
  • KUWAIT

    CD extension. Tender no ME/EW/68/2005-2006. Replace-ment of acid batteries for steam units at the Al-Zoor southern power station for the Energy Ministry.
  • KUWAIT

    CD extension. Tender no AB/1/2005-2006. Supply, installation, completion and maintenance of moveable furniture and interior décor for the Audit Bureau's permanent building at Shuwaikh.
  • KUWAIT

    CD extension. Tender no AB/1/2005-2006. Supply, installation, completion and maintenance of moveable furniture and interior décor for the Audit Bureau's permanent building at Shuwaikh.
  • KUWAIT

    CD extension. Tender no AB/1/2005-2006. Supply, installation, completion and maintenance of moveable furniture and interior décor for the Audit Bureau's permanent building at Shuwaikh.
  • KUWAIT

    Prequalification. Provision of design, management and supervision (project management consultant - PMC) services for a liquid gas packing plant. Details on payment of KD 50 from Kuwait Oil Tanker Company, Contracts Group, 20th Floor, Sahab Tower, Salhiya, Kuwait City, telephone (965) 2462839, fax (965) 2419946, website www.kotc.com.kw. CD 13 March 2006
  • KUWAIT

    Prequalification. Provision of design, management and supervision (project management consultant - PMC) services for a liquid gas packing plant. Details on payment of KD 50 from Kuwait Oil Tanker Company, Contracts Group, 20th Floor, Sahab Tower, Salhiya, Kuwait City, telephone (965) 2462839, fax (965) 2419946, website www.kotc.com.kw. CD 13 March 2006
  • KUWAIT

    Prequalification. Provision of design, management and supervision (project management consultant - PMC) services for a liquid gas packing plant. Details on payment of KD 50 from Kuwait Oil Tanker Company, Contracts Group, 20th Floor, Sahab Tower, Salhiya, Kuwait City, telephone (965) 2462839, fax (965) 2419946, website www.kotc.com.kw. CD 13 March 2006
  • KUWAIT

    Tender no KUCP-MPA/T-14/2005-2006. Construction, completion and maintenance of guard houses, gates and fencing at Shuwaikh for Kuwait University. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 400 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no KUCP-MPA/T-14/2005-2006. Construction, completion and maintenance of guard houses, gates and fencing at Shuwaikh for Kuwait University. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 400 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no KUCP-MPA/T-14/2005-2006. Construction, completion and maintenance of guard houses, gates and fencing at Shuwaikh for Kuwait University. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 400 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no KM/AA/2/2005-2006. Operation, maintenance and repair of technical services at Kuwait Municipality headquarters and annexes at the Capital, Jahra, Hawally and Farwaniya governorates. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 March.Details on payment of KD 300 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no KM/AA/2/2005-2006. Operation, maintenance and repair of technical services at Kuwait Municipality headquarters and annexes at the Capital, Jahra, Hawally and Farwaniya governorates. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 March.Details on payment of KD 300 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no KM/AA/2/2005-2006. Operation, maintenance and repair of technical services at Kuwait Municipality headquarters and annexes at the Capital, Jahra, Hawally and Farwaniya governorates. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 March.Details on payment of KD 300 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no PTT/509/2005-2006. Supply, installation, maintenance and re-operation of fire-fighting and fire alarm systems at Jahra, Jaleeb al-Shuyoukh, Kaifan and Shuwaikh Communications Ministry warehouse service centres. Bid bond is 2 per cent of tender price. Details on payment of KD 40 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no PTT/509/2005-2006. Supply, installation, maintenance and re-operation of fire-fighting and fire alarm systems at Jahra, Jaleeb al-Shuyoukh, Kaifan and Shuwaikh Communications Ministry warehouse service centres. Bid bond is 2 per cent of tender price. Details on payment of KD 40 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no PTT/509/2005-2006. Supply, installation, maintenance and re-operation of fire-fighting and fire alarm systems at Jahra, Jaleeb al-Shuyoukh, Kaifan and Shuwaikh Communications Ministry warehouse service centres. Bid bond is 2 per cent of tender price. Details on payment of KD 40 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no 1712905. Supply of timber for the Defence Ministry's Military Engineering Installation. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 27 February.
  • KUWAIT

    Tender no 1712905. Supply of timber for the Defence Ministry's Military Engineering Installation. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 27 February.
  • KUWAIT

    Tender no 1712905. Supply of timber for the Defence Ministry's Military Engineering Installation. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 27 February.
  • KUWAIT

    Tender no KUCP-MPA/T-15/2005-2006. Construction, completion and maintenance of guard houses, gates and fencing at Khaldiya for Kuwait University. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 400 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no KUCP-MPA/T-15/2005-2006. Construction, completion and maintenance of guard houses, gates and fencing at Khaldiya for Kuwait University. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 400 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no KUCP-MPA/T-15/2005-2006. Construction, completion and maintenance of guard houses, gates and fencing at Khaldiya for Kuwait University. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 400 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 2 April 2006
  • KUWAIT

    Tender no QS/T/123. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Farwaniya governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no QS/T/123. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Farwaniya governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no QS/T/123. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Farwaniya governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no ME/EW/85/2005-2006. Demolition and construction of four consumer affairs offices at Jahra, Hawally, Fahaheel and Farwaniya for the Energy Ministry. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 7 March.
  • KUWAIT

    Tender no ME/EW/85/2005-2006. Demolition and construction of four consumer affairs offices at Jahra, Hawally, Fahaheel and Farwaniya for the Energy Ministry. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 7 March.
  • KUWAIT

    Tender no ME/EW/85/2005-2006. Demolition and construction of four consumer affairs offices at Jahra, Hawally, Fahaheel and Farwaniya for the Energy Ministry. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 7 March.
  • KUWAIT

    Tender no ME102/2005-2006. Design, construction and maintenance of the General Directorate for Border Security building in Kabad for the Interior Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 100 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 21 March 2006
  • KUWAIT

    Tender no ME102/2005-2006. Design, construction and maintenance of the General Directorate for Border Security building in Kabad for the Interior Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 100 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 21 March 2006
  • KUWAIT

    Tender no ME102/2005-2006. Design, construction and maintenance of the General Directorate for Border Security building in Kabad for the Interior Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 4 March.Details on payment of KD 100 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.CD 21 March 2006
  • KUWAIT

    Tender no KU/CZ/T/14/2005. Supply of modern and classic films to be displayed onboard the Kuwait Airways Corporation fleet. Bid bond is 5 per cent of tender price. Details on payment of KD 600 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no KU/CZ/T/14/2005. Supply of modern and classic films to be displayed onboard the Kuwait Airways Corporation fleet. Bid bond is 5 per cent of tender price. Details on payment of KD 600 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no KU/CZ/T/14/2005. Supply of modern and classic films to be displayed onboard the Kuwait Airways Corporation fleet. Bid bond is 5 per cent of tender price. Details on payment of KD 600 from Central Tenders Committee, PO Box 1070, Safat 13011, telephone (965) 2401200, fax (965) 2416574.
  • KUWAIT

    Tender no QS/T/121. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Capital governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no QS/T/121. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Capital governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no QS/T/121. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Capital governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no QS/T/122. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Hawally governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no QS/T/122. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Hawally governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no QS/T/122. (Open to prequalified contractors only.) Carrying out urgent and emergency maintenance works and various road works at the Hawally governorate for the Public Works Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 5 March.
  • KUWAIT

    Tender no MSAL/8/2005-2006. Repair and maintenance of electrical works and low-tension works with accessories at the social care house complex in Sulaibikhat - the external annexes and south Sabahiya complex - for the Social Affairs & Labour Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 February.
  • KUWAIT

    Tender no MSAL/8/2005-2006. Repair and maintenance of electrical works and low-tension works with accessories at the social care house complex in Sulaibikhat - the external annexes and south Sabahiya complex - for the Social Affairs & Labour Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 February.
  • KUWAIT

    Tender no MSAL/8/2005-2006. Repair and maintenance of electrical works and low-tension works with accessories at the social care house complex in Sulaibikhat - the external annexes and south Sabahiya complex - for the Social Affairs & Labour Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 February.
  • KUWAIT

    Tender no S/MQA/56/2005-2006. Supply of an automatic integrated information system for the Health Ministry's dental department. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no S/MQA/56/2005-2006. Supply of an automatic integrated information system for the Health Ministry's dental department. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no S/MQA/56/2005-2006. Supply of an automatic integrated information system for the Health Ministry's dental department. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no MEW/87/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers at Hawally for the Energy Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 February.
  • KUWAIT

    Tender no MEW/87/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers at Hawally for the Energy Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 February.
  • KUWAIT

    Tender no MEW/87/2005-2006. (Open to prequalified contractors only.) Repair of low-tension ground cables and extension and welding of low-tension cables for new consumers at Hawally for the Energy Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 11 February.
  • KUWAIT

    Tender no ME/EW/103/2005-2006. Carrying out demolition, removal and construction works for damaged fences at main transformer stations for the Energy Ministry. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no ME/EW/103/2005-2006. Carrying out demolition, removal and construction works for damaged fences at main transformer stations for the Energy Ministry. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no ME/EW/103/2005-2006. Carrying out demolition, removal and construction works for damaged fences at main transformer stations for the Energy Ministry. Bid bond is 5 per cent of tender price.
  • KUWAIT

    Tender no KPA/3/2006. (Open to prequalified contractors only.) Manufacturing, supply and operation of bridge cranes for Shuaiba Port for Kuwait Ports Authority. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 13 February.
  • KUWAIT

    Tender no KPA/3/2006. (Open to prequalified contractors only.) Manufacturing, supply and operation of bridge cranes for Shuaiba Port for Kuwait Ports Authority. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 13 February.
  • KUWAIT

    Tender no KPA/3/2006. (Open to prequalified contractors only.) Manufacturing, supply and operation of bridge cranes for Shuaiba Port for Kuwait Ports Authority. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 13 February.
  • Kuwait

    CD extension. Tender no PA/MM/8/2005-2006. Carrying out air-conditioning and refrigeration maintenance works at various authority utilities. A pre-bid meeting will take place on 29 January.Details on payment of KD 50 from Public Authority for Agriculture Affairs & Fish Resources, Tenders Section, Financial Affairs Department, Ghazali Street, Rabia.
  • Kuwait

    CD extension. Tender no PA/MM/8/2005-2006. Carrying out air-conditioning and refrigeration maintenance works at various authority utilities. A pre-bid meeting will take place on 29 January.Details on payment of KD 50 from Public Authority for Agriculture Affairs & Fish Resources, Tenders Section, Financial Affairs Department, Ghazali Street, Rabia.
  • Kuwait

    CD extension. Tender no PA/MM/8/2005-2006. Carrying out air-conditioning and refrigeration maintenance works at various authority utilities. A pre-bid meeting will take place on 29 January.Details on payment of KD 50 from Public Authority for Agriculture Affairs & Fish Resources, Tenders Section, Financial Affairs Department, Ghazali Street, Rabia.
  • Kuwait

    Prequalification. Carrying out, on a build-operate-transfer (BOT) basis, a power and distillation station project at Failaka island for the Public Works Ministry's Grand Projects Authority. Details on payment of KD 100 from Public Works Ministry, Grand Projects Authority, Office 26, Second Floor, Sixth Ring Road, Southern Surra, PO Box 8, Safat 13001, telephone (965) 5385243, fax (965) 5385219.
  • Kuwait

    Prequalification. Carrying out, on a build-operate-transfer (BOT) basis, a power and distillation station project at Failaka island for the Public Works Ministry's Grand Projects Authority. Details on payment of KD 100 from Public Works Ministry, Grand Projects Authority, Office 26, Second Floor, Sixth Ring Road, Southern Surra, PO Box 8, Safat 13001, telephone (965) 5385243, fax (965) 5385219.
  • Kuwait

    Prequalification. Carrying out, on a build-operate-transfer (BOT) basis, a power and distillation station project at Failaka island for the Public Works Ministry's Grand Projects Authority. Details on payment of KD 100 from Public Works Ministry, Grand Projects Authority, Office 26, Second Floor, Sixth Ring Road, Southern Surra, PO Box 8, Safat 13001, telephone (965) 5385243, fax (965) 5385219.
  • Kuwait

    Tender no RFP/1236. (Open to prequalified contractors only.) Construction, completion and preparation of the new Ahmadi hospital building and residential buildings for Kuwait Oil Company. Bid bond is KD 1 million. A pre-bid meeting will take place on 14 February.
  • Kuwait

    Tender no RFP/1236. (Open to prequalified contractors only.) Construction, completion and preparation of the new Ahmadi hospital building and residential buildings for Kuwait Oil Company. Bid bond is KD 1 million. A pre-bid meeting will take place on 14 February.
  • Kuwait

    Tender no RFP/1236. (Open to prequalified contractors only.) Construction, completion and preparation of the new Ahmadi hospital building and residential buildings for Kuwait Oil Company. Bid bond is KD 1 million. A pre-bid meeting will take place on 14 February.
  • Kuwait

    Tender no 4/2005-2006. Provision of consultants for the Finance Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 22 January.
  • Kuwait

    Tender no 4/2005-2006. Provision of consultants for the Finance Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 22 January.
  • Kuwait

    Tender no 4/2005-2006. Provision of consultants for the Finance Ministry. Bid bond is 5 per cent of tender price. A pre-bid meeting will take place on 22 January.
  • Kuwait

    Tender no RFQ/944890. Supply of vessels nos V-07-16A and V-07-33A for Kuwait National Petroleum Company. Bid bond is 2.5 per cent of tender price. Details on payment of KD 45 from Kuwait National Petroleum Company, Chairman & Managing Director, Shuaiba Refinery, Internal Tenders Committee, PO Box 70, Safat 13001.
  • Kuwait

    Tender no RFQ/944890. Supply of vessels nos V-07-16A and V-07-33A for Kuwait National Petroleum Company. Bid bond is 2.5 per cent of tender price. Details on payment of KD 45 from Kuwait National Petroleum Company, Chairman & Managing Director, Shuaiba Refinery, Internal Tenders Committee, PO Box 70, Safat 13001.
  • Kuwait

    Tender no RFQ/944890. Supply of vessels nos V-07-16A and V-07-33A for Kuwait National Petroleum Company. Bid bond is 2.5 per cent of tender price. Details on payment of KD 45 from Kuwait National Petroleum Company, Chairman & Managing Director, Shuaiba Refinery, Internal Tenders Committee, PO Box 70, Safat 13001.
  • Kuwait

    Prequalification. Design, execution, operation and management, on a build-operate-transfer (BOT) basis, of the Jahra national entertainment park project for the Public Authority for Agriculture Affairs & Fish Resources. The project falls within a 418,753-square-metre area in the centre of Old Jahra Town and the site also includes the Red Palace. The site consists of two parts located at both sides of Marzouq al-Mudeb Street that crosses the Jahra town and branching from the Western site of Ja
  • Kuwait

    Prequalification. Design, execution, operation and management, on a build-operate-transfer (BOT) basis, of the Jahra national entertainment park project for the Public Authority for Agriculture Affairs & Fish Resources. The project falls within a 418,753-square-metre area in the centre of Old Jahra Town and the site also includes the Red Palace. The site consists of two parts located at both sides of Marzouq al-Mudeb Street that crosses the Jahra town and branching from the Western site of Ja
  • Kuwait

    Prequalification. Design, execution, operation and management, on a build-operate-transfer (BOT) basis, of the Jahra national entertainment park project for the Public Authority for Agriculture Affairs & Fish Resources. The project falls within a 418,753-square-metre area in the centre of Old Jahra Town and the site also includes the Red Palace. The site consists of two parts located at both sides of Marzouq al-Mudeb Street that crosses the Jahra town and branching from the Western site of Ja
  • Kuwait

    Tender no CS/1781. (Open to prequalified contractors only.) Supply and installation of 6.6-kV medium-tension electrical switchgear for electrical substations 2A, 9 and 10 at Shuaiba refinery for Kuwait National Petroleum Company. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 5 February.
  • Kuwait

    Tender no CS/1781. (Open to prequalified contractors only.) Supply and installation of 6.6-kV medium-tension electrical switchgear for electrical substations 2A, 9 and 10 at Shuaiba refinery for Kuwait National Petroleum Company. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 5 February.
  • Kuwait

    Tender no CS/1781. (Open to prequalified contractors only.) Supply and installation of 6.6-kV medium-tension electrical switchgear for electrical substations 2A, 9 and 10 at Shuaiba refinery for Kuwait National Petroleum Company. Bid bond is 2.5 per cent of tender price. A pre-bid meeting will take place on 5 February.
  • Kuwait eyes new markets

    Kuwait-Sudan Holding Company is expected to start operations in the second quarter of 2006. The company, capitalised at $103 million, will seek to acquire strategic stakes in companies in a range of sectors, including telecommunications, energy and mining. Kuwait Investment Authority and prominent Kuwaiti individuals and institutions have invested in the company, which was set up in June and in which Kuwait's National Investment Company (NIC) holds a 10 per cent stake. NIC also holds a 19 per
  • Kuwaitis plan $40m healthcare centre

    Kuwait's Al-Shall Consulting & Investment Company has unveiled plans to develop an estimated $40 million international medical centre in the capital. Covering an area of 40,000 square metres in the Yafour area of Damascus, the new hospital will have at least 130 beds and include out-patient departments, laboratories, a pharmacy, offices and associated facilities. Local investors will have a 30 per cent stake in the new project, with Kuwaiti investors having a 50 per cent stake and non-GCC shareh
  • Kuwaitis plan $40m healthcare centre

    Kuwait's Al-Shall Consulting & Investment Company has unveiled plans to develop an estimated $40 million international medical centre in the capital. Covering an area of 40,000 square metres in the Yafour area of Damascus, the new hospital will have at least 130 beds and include out-patient departments, laboratories, a pharmacy, offices and associated facilities. Local investors will have a 30 per cent stake in the new project, with Kuwaiti investors having a 50 per cent stake and non-GCC shareh
  • L&T wins power lines job

    Abu Dhabi Water & Electricity Authority (ADWEA) has selected India's Larsen & Toubro (L&T) for the AED 117 million ($32 million) contract to install an 85-kilometre, 400/220-kV transmission line between Taweelah power station and Sweihan. On completion, Sweihan station will be connected to the 220-kV network linking substations at Ramah, Khazna, Al-Hayer, Dahma and Salamat. The consultant is the UK's Mott MacDonald (MEED 12:8:05).
  • Lagoon work let

    Development is accelerating on the Lagoon project - formerly known as the Seven Pearls and part of the La Ville Contemporaire development being carried out by Dubai International Properties (DIP - MEED 13:1:06).The local/UK Dutco Balfour Beatty has been awarded the estimated AED 70 million ($19 million) quay wall package for the central island at the heart of the development.The local/Turkish joint venture of Al-Habtoor Engineering Enterprises and STFA Soil Group has been awarded
  • Lagoon work let

    Development is accelerating on the Lagoon project - formerly known as the Seven Pearls and part of the La Ville Contemporaire development being carried out by Dubai International Properties (DIP - MEED 13:1:06).The local/UK Dutco Balfour Beatty has been awarded the estimated AED 70 million ($19 million) quay wall package for the central island at the heart of the development.The local/Turkish joint venture of Al-Habtoor Engineering Enterprises and STFA Soil Group has been awarded
  • Lahoud pledges to stay on

    Lebanese President Lahoud said on 15 February that he would remain in his post and complete his mandate. His announcement comes amid growing pressure for the pro-Syrian president to step down. 'He has not and will not give up his belief in a united Lebanon and will stay on until the last day of his mandate,' a spokesman for Lahoud said. Lahoud's term was controversially extended by three years in a Syrian-backed amendment to Lebanon's constitution in September 2004. A numb
  • Leaders call for calm over cartoon protests

    A statement from key world leaders issued on 8 February called for calm following protests against the publication of cartoons deemed offensive to Islam. UN Secretary-General Kofi Annan, EU foreign affairs chief Javier Solana and head of the Organisation of the Islamic Conference (OIC) Ekmelettin Ihsanoglu urged restraint on all sides. 'We believe freedom of the press entails responsibility and discretion, and should respect the beliefs and tenets of all religions. But we also believe th
  • LEBANON

    Construction of the Chouf Souwaijani sewer networks. Details on payment of $1,000 from Council for Development & Reconstruction, Tallet el-Serail, PO Box 116-5351, Beirut Central District, telephone (9611) 981431-2, fax (9611) 981252-3, e-mail general@cdr.gov.lb.
  • LEBANON

    Construction of the Chouf Souwaijani sewer networks. Details on payment of $1,000 from Council for Development & Reconstruction, Tallet el-Serail, PO Box 116-5351, Beirut Central District, telephone (9611) 981431-2, fax (9611) 981252-3, e-mail general@cdr.gov.lb.
  • LEBANON

    Construction of the Chouf Souwaijani sewer networks. Details on payment of $1,000 from Council for Development & Reconstruction, Tallet el-Serail, PO Box 116-5351, Beirut Central District, telephone (9611) 981431-2, fax (9611) 981252-3, e-mail general@cdr.gov.lb.
  • LEBANON: Playing the waiting game

    The new year could herald decisive change for Beirut's telecoms sector. Reform has been on the agenda for a very long time. -'Everyone knows what needs to be done, the government just needs to do it' - is the repeated wisdom from industry experts in Lebanon. Now, at last, action may be about to replace words.
  • Libya to close Copenhagen embassy

    Tripoli announced on 29 January it was to close its embassy in Denmark. The move comes as a protest at a series of cartoons in the daily newspaper Jyllands-Posten, depicting Mohammed as a terrorist. The Danish government has refused to become involved in the row. 'The Danish media continued to show disrespect to the Prophet Mohammed and because the Danish authorities failed to take any action on that, Libya decided to close its embassy in Copenhagen,' a Libyan Foreign Ministry statement
  • Libya to close Copenhagen embassy

    Tripoli announced on 29 January it was to close its embassy in Denmark. The move comes as a protest at a series of cartoons in the daily newspaper Jyllands-Posten, depicting Mohammed as a terrorist. The Danish government has refused to become involved in the row. 'The Danish media continued to show disrespect to the Prophet Mohammed and because the Danish authorities failed to take any action on that, Libya decided to close its embassy in Copenhagen,' a Libyan Foreign Ministry statement sai
  • Libyans dead in further cartoon protests

    At least 10 people died and several were left wounded on 18 February during protests outside the Italian consulate in Benghazi, culminating in the building being set alight. Demonstrations began in protest at Italian minister Roberto Calderoli's wearing of a t-shirt emblazoned with cartoons perceived to be offensive to the Prophet Mohammed. The demonstrators broke off from a larger, peaceful protest in the city centre, media reports said. Libyan police tried to disperse the protesters by fi
  • Life in the fast lane

    Just in case anyone had forgotten that the biggest international event in Qatar's history is fast approaching, a large digital stopwatch now stands on the Doha corniche. Visible to both pedestrians and vehicle drivers alike, the liquid crystal display shows in days, hours, minutes and seconds the time remaining to the start of the Doha Asian Games. A glance at the clock shows there are now fewer than 300 days to go before 1 December and the arrival of some 10,000 participants for the event. A
  • Local/Turkish JV to take sewerage job

    A letter of award is pending for a local/Turkish joint venture of Almabani General Contractors, Dallah and Guris to carry out the south central Jeddah sewerage network upgrade project. The group was low bidder for the scheme when bids were submitted late last year. The client is the Ministry of Water & Electricity.
  • Locals bid for Kharg FEED changes

    Local firms Nargan and Sazeh Consult have submitted proposals to Iranian Offshore Oil Company for the contract to reconfigure the front-end engineering and design (FEED) for the Kharg island natural gas liquids (NGL) project. The original FEED job was carried out by the UK's John Brown but needs to be reworked because of the withdrawal of the turbine supplier, as well as modifications to the sulphur unit. The new FEED will take several months to complete and will be followed by an engineering, p
  • Locals land on JXB runway

    The local Al-Naboodah Contracting has been selected for the estimated $300 million first runway package at the new Jebel Ali International Airport (JXB) and Dubai Logistics City (DLC). The contract entails the construction of a 4.5-kilometre runway. Completion is scheduled for November 2007 (MEED 6:1:06).Designed to handle the A380-800F freighter aircraft from Europe's Airbus, the runway contract is part of the first phase of the 140-square-kilometre Jebel Ali Airport City (JAAC) develop
  • Locals land on JXB runway

    The local Al-Naboodah Contracting has been selected for the estimated $300 million first runway package at the new Jebel Ali International Airport (JXB) and Dubai Logistics City (DLC). The contract entails the construction of a 4.5-kilometre runway. Completion is scheduled for November 2007 (MEED 6:1:06).Designed to handle the A380-800F freighter aircraft from Europe's Airbus, the runway contract is part of the first phase of the 140-square-kilometre Jebel Ali Airport City (JAAC) develop
  • Lundin to invest in Oudna

    Sweden's Lundin Petroleum has announced a 2006 development budget of more than $200 million, including $40 million-50 million to be invested in delivering significant production growth at its Oudna field, where it holds a 50 per cent interest alongside Atlantis Technology Services, a subsidiary of China's Sinochem. Production from the offshore field is forecast to begin in late 2006 at a rate of 20,000 barrels a day. The project calls for the relocation and modification of the Ikdam floating pro
  • Lyons raises doubts over GCC common currency

    The GCC is not ready for a single currency, Standard Chartered Bank's chief economist and group head of global research Gerard Lyons told MEED on 8 February in Dubai. 'In a single currency, one size fits all. I'm not convinced it fits here,' he said. 'You need monetary and financial infrastructure in place. It's more of an optimal currency region [than elsewhere], so theoretically it could work, but institutionally more needs to be done.' Optimal currency region theory states that an area pri
  • Mace to manage DWTC redevelopment

    UK-based Mace International has been selected to provide project management services on the estimated AED 16,000 million ($4,358 million) redevelopment of the Dubai World Trade Centre (DWTC) complex. The proposed development includes a convention centre, office and residential towers, hotels and serviced apartments, shopping facilities and a landmark tower to be built next to Emirates Towers. The project will be developed over seven-10 years. The US' HOK prepared the masterplan (MEED 23:12:05
  • Mace to manage DWTC redevelopment

    UK-based Mace International has been selected to provide project management services on the estimated AED 16,000 million ($4,358 million) redevelopment of the Dubai World Trade Centre (DWTC) complex. The proposed development includes a convention centre, office and residential towers, hotels and serviced apartments, shopping facilities and a landmark tower to be built next to Emirates Towers. The project will be developed over seven-10 years. The US' HOK prepared the masterplan (MEED 23:12:05
  • MANUFACTURERS: Goodbye to the super-deal

    When Sweden's Ericsson signed an $826 million main supplier contract with Saudi Telecom in 2001 for its fifth GSM expansion, the size of the deal made headlines. When France's Alcatel was chosen the same year by Egypt's Orascom Telecom for a new $420 million GSM network expansion in Algeria, the Paris-based company was entitled to feel it was stealing a march on competitors. Five years later, the days of the GSM super deals are over.
  • Mapna International signs ECA for Fars IPP

    Dubai-based Mapna International and an unidentified UAE-based company have signed an energy conversion agreement (ECA) with Iran Power Development Company (IPDC) for the Fars independent power project (IPP), being carried out on a build-operate-transfer (BOT) basis. Mapna International's parent company, Iran Power Plant Projects Management Company (Mapna), is likely to carry out the engineering, procurement and construction (EPC) package of the plant itself (MEED 11:2:05). The gas-fired Fars
  • Market bombs kill seven

    Twin bombings in Baghdad's Bab al-Sharqi market on 7 February left seven dead and 20 wounded. The first bomb exploded outside a record shop, killing three. The second explosion killed four people, including a policeman, shortly afterwards. The market was reported to be full of shoppers, ahead of the religious festival of Ashura. In a separate attack, four US marines were killed in the Al-Anbar province by two roadside bombs. One device was detonated on 7 February and follo
  • Masterplan on track, says Kamal

    Phase 1 of Cairo's petrochemicals masterplan is on track to be completed by 2009 and preparation work is under way for the plan's second phase, Osama Kamal, vice-chairman for planning and projects at Egyptian Petrochemicals Holding Company (ECHEM), told the MEED Natural Gas conference held in Cairo on 21-22 February. According to Kamal, implementation of phase 1 will - at $4,600 million - cost significantly more than the originally planned $3,500 million as a result of higher material and equ
  • McDermott picked for Khafji work

    Jebel Ali-based J Ray McDermott (Middle East) has been awarded two engineering, procurement, construction, installation and commissioning (EPCIC) contracts worth about $57 million, covering offshore works in the Divided Zone. The first contract covers the loading terminal and a subsea pipeline, submarine cables and structural platform modifications. The second contract involves the installation of a 1,000-tonne platform to be installed about 40 kilometres offshore in a water depth of 30 metres.
  • Medgaz tenders out

    Tenders were issued to prequalified companies at the end of January for two contracts on the estimated Eur 630 million ($762 million) subsea section of the Medgaz pipeline from Algeria to Spain. Five companies have been invited to submit bids by mid-March for the contract to supply line pipe to the client, Medgaz, and four have until April to bid for the contract to supply turbine driven compressors. Tenders for the main contract on the subsea scheme, calling for the installation of the pipeline
  • Medstar moves on capital plans

    Arriyadh Development Authority has awarded several consultancy contracts as part of its plans to develop Riyadh over the next 50 years. The programme, known as the Metropolitan Development Strategy for Arriyadh (Medstar), will centre on the creation of an urban network that includes two suburban cities to curb the outward sprawl of the main city and five sub-centres located in the orbital residential corridors. Consultants have been selected for three of the sub-centres to look at demographic
  • Medstar moves on capital plans

    Arriyadh Development Authority has awarded several consultancy contracts as part of its plans to develop Riyadh over the next 50 years. The programme, known as the Metropolitan Development Strategy for Arriyadh (Medstar), will centre on the creation of an urban network that includes two suburban cities to curb the outward sprawl of the main city and five sub-centres located in the orbital residential corridors. Consultants have been selected for three of the sub-centres to look at demographic
  • Melamine PMC awarded

    Australia's WorleyParsons was formally awarded in late January the project management consultancy (PMC) contract on the proposed melamine plant at Ruwais. The project company to own and operate the plant, which will be a 60:40 joint venture of Abu Dhabi National Oil Company (ADNOC) and Austria's AMI Agrolinz Melamine International. It is due to be formed by mid-February and an engineering, procurement and construction (EPC) tender is scheduled to be issued by the end of the second quarter. The p
  • Memo to the West: be constructive or get out

    The Middle East was once again at the heart of President Bush's State of the Union address. His optimism looks strained.
  • Meshaal and Olmert outline plans

    Hamas political leader Khaled Meshaal said on 8 February that a long-term truce with Israel would be possible if it withdrew from the West Bank and East Jerusalem. 'This is a position that Hamas could take, but not now, only after Israel recognises the rights of the Palestinians and shows and confirms its willingness to withdraw to the 1967 borders,' Meshaal told the BBC. He also agreed with comments of UK Foreign Secretary Jack Straw that democracy and violence were mutually exclusive.
  • Metro systems contract signed

    A consortium led by the French office of Germany's Siemens and including France's Vinci and Construcciones y Auxiliar de Ferrocarriles (CAF) of Spain signed on 23 January the AD 35,000 million ($473 million) turnkey systems contract for line 1 systems work on the Algiers metro. The group has been in line for the contract since October. Siemens will carry out the project management and be responsible for tracks, control and signalling systems, telecommunications facilities, power supply and ticke
  • Minister resigns over embassy attack

    Lebanon's interior minister resigned on 6 February over riots two days earlier that culminated in the burning of the Danish and Norwegian embassy in Beirut. The riots began as a protest against the publication of cartoons deemed offensive to Islam in Danish daily Jyllands-Posten last week. 'However, things got out of hand when elements that had infiltrated into the ranks of the demonstrators broke through the security shields. The one remaining option was an order to shoot, but I was not
  • Ministers boycott cabinet session

    Ministers boycotted a cabinet meeting in Beirut on 24 February after the meeting was scheduled to take place in the presidential palace. Ministers associated with the March 14 coalition, a group demanding the resignation of pro-Syrian President Lahoud, refused to attend the session. 'March 14 Forces ministers will not go to Baabda presidential palace anymore, as long as Lahoud remains there,' Telecommunications Minster Marwan Hamade said. 'Emile Lahoud is finished as president.' The absence
  • Mixed reaction to Danish firms in the region

    Danish companies working in the region have faced varying degrees of reaction to the recent spate of protests against the publishing of cartoons depicting the Prophet Mohammed in the Danish press last September. Hardest hit appears to have been Arla Foods, Europe's second largest dairy company, which has seen nearly all its products removed from the shelves of shops in the region as customers boycott Danish goods. The company says it has lost up to $50 million since the crisis began and has b
  • Mobile operators ring up revenues

    Egyptian Company for Mobile Services (MobiNil) and Vodafone Egypt (VE) continued to reap the rewards of their duopoly in the local GSM market in 2005, according to financial statements released in early February. MobiNil's figures were most striking, with net profits soaring by 65 per cent to £E 1,444 million ($252 million). Subscriber numbers increased by 66.7 per cent to 6.7 million. 'Revenue growth was mainly driven by airtime revenue as a result of increasing the subscriber base,' said Al
  • Mobily chases STC

    Saudi Telecom Company (STC) has announced a 34 per cent increase in net profits to SR 12,447 million ($3,319 million) for 2005. Turnover rose by 7 per cent to SR 32,540 million ($8,677 million), down from 12 per cent growth in 2004. STC has distributed SR 10 ($2.70) per share for the fourth quarter of 2005 and granted one bonus share for every three held. The number of STC subscribers rose in 2005 to 11 million on the back of reduced service fees. The company is also looking to increase the numb
  • More Abu Ghraib photos published

    Australian television channel SBS on 15 February broadcast more photographs of prisoner abuse by US forces at Iraq's Abu Ghraib prison. The images appear to be from the same source as photographs published previously, which resulted in the imprisonment of nine junior soldiers and the demotion of a general. Some of the new images have subsequently been broadcast on Dubai-based television Al-Arabiya and a number of US stations. The images were released amid tension in Iraq after footage wa
  • More Al-Abdali work let

    The Amman office of Sharjah-based Al-Hamad Contracting Company and local firms Issam Khatib Contracting Company, and Madaen al-Nour Real Estate Investment & Development have signed contracts with Abdali Development & Investment Company (ADIC) to develop separate sections of the Al-Abdali mixed-use real estate project in Amman.
  • More Al-Abdali work let

    The Amman office of Sharjah-based Al-Hamad Contracting Company and local firms Issam Khatib Contracting Company, and Madaen al-Nour Real Estate Investment & Development have signed contracts with Abdali Development & Investment Company (ADIC) to develop separate sections of the Al-Abdali mixed-use real estate project in Amman.
  • More bomb deaths in Baghdad

    A car bomb in the Doura district of Baghdad on 9 February left 11 people dead and 38 wounded on the same day that the official results of the national election were announced. The bomb exploded near a Shia mosque during Friday prayers, after it was officially announced that the Shia-dominated United Iraqi Alliance won a near-majority 128 of 275 parliamentary seats. Sunni insurgents have expressed their dissatisfaction with the result, according to media reports.Two months
  • More buildings planned for DAFZA

    Bids are due to be submitted on 6 February for a new headquarters building at Dubai Airport Free Zone. The local Al-Hashemi Engineering Consultants is the consultant. Two more buildings are also planned for the free zone. Expressions of interest have been sought for two new office buildings ahead of tenders being issued in March. The local Al-Gurg Consultants is the consultant. The Dubai Airport Free Zone Authority (DAFZA) is the client for both schemes.
  • More buildings planned for DAFZA

    Bids are due to be submitted on 6 February for a new headquarters building at Dubai Airport Free Zone. The local Al-Hashemi Engineering Consultants is the consultant. Two more buildings are also planned for the free zone. Expressions of interest have been sought for two new office buildings ahead of tenders being issued in March. The local Al-Gurg Consultants is the consultant. The Dubai Airport Free Zone Authority (DAFZA) is the client for both schemes.
  • More time for IWPP bidders

    The bid closing dates have been extended on both the Mesaieed A independent water and power project (IWPP) in Qatar and the Barka 2 IWPP in Oman. For Mesaieed, a new closing date of 12 April has been set. The project, for which 10 developers are prequalified, calls for the construction of a 2,000-MW power plant and 40 million gallons a day of desalination capacity (MEED 23:12:05). On Barka 2, a two-month bid extension has been granted to 29 May. The extension coincided with the client, the Na
  • MOROCCO

    Tender no 04 DAM/ET/2006. (Open only to African Development Bank member countries.) Carrying out works for the eighth drinking water and treatment project in Beni Mellal. Financed by the African Development Bank. Bid bond is MD 1 million. A site visit will take place on 30 March.
  • MOROCCO

    Tender no 04 DAM/ET/2006. (Open only to African Development Bank member countries.) Carrying out works for the eighth drinking water and treatment project in Beni Mellal. Financed by the African Development Bank. Bid bond is MD 1 million. A site visit will take place on 30 March.
  • MOROCCO

    Tender no 04 DAM/ET/2006. (Open only to African Development Bank member countries.) Carrying out works for the eighth drinking water and treatment project in Beni Mellal. Financed by the African Development Bank. Bid bond is MD 1 million. A site visit will take place on 30 March.
  • Moscow offers emergency aid to Palestinians

    Russia on 20 February offered to provide emergency humanitarian aid to the Palestinians after Tel Aviv voted to halt tax payments to the Palestinian Authority (PA). Russian Foreign Affairs Minister Sergei Lavrov made the offer in a conference involving the members of the so-called Middle East quartet - Russia, the US, the UN and the EU. 'The quartet's position regarding the parameters of donor assistance for the PA, originally agreed in London, was confirmed during the conference,' a For
  • Motor Racing: Need for speed

    Most visitors experiencing the kingdom's roads relate tales of fear, woe and panic. The statistics speak for themselves. Every two hours one person dies and four are injured in traffic-related incidents. According to government estimates, more than 550,000 people were either killed or injured in car accidents between 1971 and 1997. The figure is equivalent to about 3.5 per cent of the population. In recent years little has been done to curb excess speeding and blatant traffic violations. The
  • MTC grabs Mobitel in Sudan

    Kuwaiti mobile operator MTC has purchased Sudanese telco Sudatel's 61 per cent stake in Mobitel for $1,332 million. The purchase, made through its subsidiary Celtel International, means MTC has increased its stake from 39 per cent to 100 per cent. Mobitel has almost 2 million customers, which MTC plans to increase by 1 million by the beginning of 2007. 'We believe there is huge appetite [for mobile services]. This target is conservative. If we're customer-centric, we could get customer growth
  • MTC in talks for credit facility

    Local mobile phone operator MTC is in negotiations with international banks to secure a $5,000 million credit facility to fund further expansion plans. 'This is in line with MTC's objectives to be prepared and to have the funds ready at hand excluding the need for loans,' said Saad al-Barrak, MTC's deputy chairman and managing director, on 31 January. 'These credit facilities are much more beneficial than direct loans because it costs less and gives MTC the flexibility and more ease to manoeuvre
  • Mubarak delays municipal elections

    President Mubarak has delayed Egypt's municipal elections by two years, drawing criticism on 14 February from Washington and from the Egyptian Muslim Brotherhood. The elections were planned for mid-April, but a bill delaying the poll was passed by the parliament's Shoura council and is expected to pass easily through the lower house. The postponement removes the possibility of the Muslim Brotherhood building on the gains it made in December's parliamentary elections.'[Muba
  • Mushrif RAKs up diamond factory contract

    Kuwait-based Mushrif Trading & Contracting Company has been awarded the $7.6 million main construction package for a new diamond factory in Ras al-Khaimah. The 15-month contract calls for the construction of a two-storey factory building with one basement and associated office space. Once complete, the facility will be used to cut and polish diamonds. The local Associated Consultant Engineering International is the consultant. Kuwait-based Al-Amaz Holding is the client (MEED 6:1:06).
  • Mushrif RAKs up diamond factory contract

    Kuwait-based Mushrif Trading & Contracting Company has been awarded the $7.6 million main construction package for a new diamond factory in Ras al-Khaimah. The 15-month contract calls for the construction of a two-storey factory building with one basement and associated office space. Once complete, the facility will be used to cut and polish diamonds. The local Associated Consultant Engineering International is the consultant. Kuwait-based Al-Amaz Holding is the client (MEED 6:1:06).
  • Muwailah villas project starts

    The local Ghantoot Transport & General Contracting has been awarded the AED 30 million ($8 million) grading and enabling works package for the Muwailah land development project in Sharjah. Lebanon's Khatib & Alami is the consultant. The local Tatweer Land Development is the client.
  • Muwailah villas project starts

    The local Ghantoot Transport & General Contracting has been awarded the AED 30 million ($8 million) grading and enabling works package for the Muwailah land development project in Sharjah. Lebanon's Khatib & Alami is the consultant. The local Tatweer Land Development is the client.
  • NACO wins airport consultancy

    The Netherlands' NACO has been appointed by the Executive Privatisation Commission (EPC) to carry out technical consultancy services on the estimated $500 million expansion and rehabilitation of passenger terminals at Queen Alia International Airport (QAIA).
  • Nama pushes epoxy plans

    The local Arabian Industrial Development Company (Nama) is preparing to double epoxy production at its Jubail Chemical Industries Company (Jana) subsidiary. Detailed engineering work is nearing completion and prequalification for the main construction package is expected to start soon. The project involves increasing epoxy production from the plant by 30,000 tonnes a year (t/y) to 60,000 t/y by the end of next year. Epichlorohydrin (ECH) feedstock will be supplied by Nama subsidiary Hassad Pe
  • National library cancelled

    The government is understood to have cancelled the landmark Qatar National Library project. No official reason has been given for the cancellation of the estimated $300 million project, although sources close to the venture say that the building may be relocated elsewhere. The project was to be built on the Doha corniche between the national theatre and the general post office (GPO), a prime location for redevelopment. Piling and foundation work had already been completed on the project, while m
  • National library cancelled

    The government is understood to have cancelled the landmark Qatar National Library project. No official reason has been given for the cancellation of the estimated $300 million project, although sources close to the venture say that the building may be relocated elsewhere. The project was to be built on the Doha corniche between the national theatre and the general post office (GPO), a prime location for redevelopment. Piling and foundation work had already been completed on the project, while m
  • NDIA DEVELOPMENT: Flamingos first to benefit from clean-up

    One evening last March, a 35-tonne wheel loader broke down on the site of the New Doha International Airport (NDIA) project. The operator had experienced countless breakdowns before, but this time he was worried: the machine was marooned in a lake of toxic water. Luckily someone spotted him before darkness descended and he was rescued. But the incident highlighted the hazards of working on one of the Gulf's biggest environmental clear-up operations.
  • New bank nears launch

    Capital Bank Sudan is expected to start operations in early March. The bank has a universal licence but will focus on investment and corporate banking. 'We will finance major corporate and government entities and big projects and plan to arrange finance for mega-projects, as well as manage specialised investment funds,' says chief executive officer Kamal el-Zubeir. 'All these activities will be in Sudan, but we'll be seeking investors from outside.' The bank has a paid-up capital of $26 milli
  • New company targets Sudan real estate

    Saudi Arabia's Al-Juma Trading & Investment Group is a key stakeholder in a new real estate company under incorporation and being founded by Saudi Arabian and Sudanese investors. The company will be established with capital of $10 million and shareholders will invest assets in the company in return for a stake in future real estate projects in Sudan. The company is expected to start operations by the end of 2006.
  • New delays for Saddam trial

    The trial of former Iraqi president Saddam Hussein was delayed again on 2 February after none of the eight defendants appeared in court. After the trial resumed the previous day with just three of the defendants in attendance, they were barred from the court by new chief judge Raouf Abdul Rahman for disorderly behaviour. Rahman then adjourned the trial until 13 February.Five of the defendants, including Saddam, are boycotting the trail after alleging the trial judge cannot
  • New financial complex planned for Amman

    Kuwait's Grand Real Estate Projects (GREP) is pressing ahead with two developments in the capital and on the Dead Sea entailing a total investment of $350 million.
  • New financial complex planned for Amman

    Kuwait's Grand Real Estate Projects (GREP) is pressing ahead with two developments in the capital and on the Dead Sea entailing a total investment of $350 million.
  • New Gulf Air plan takes off

    The board of directors of Gulf Air in early February approved a three-year strategic plan for the airline, including recapitalisation, re-equipment of the fleet, the upgrade of existing aircraft and investment in various other areas of the business. Gulf Air's 2005 results were hit by rising fuel prices, but premium traffic across the network rose by 26 per cent and revenue per available seat was up 10 per cent. The highest growth in throughput was reported at Bahrain International Airport, w
  • New horizons

    After a long period of introspection, Saudi Arabia has turned its attention to the outside world. King Abdullah launched a new diplomatic offensive in January, travelling east in person to China in late January and dispatching Saudi Foreign Affairs Minister Prince Saud al-Faisal west to London to spearhead a new international anti-terrorism initiative. Oil and security will continue to dominate the foreign policy agenda in the months to come.
  • New indices gauge region's potential

    Geneva-based MSCI Barra has launched a batch of new indices that are the first to measure investment opportunities in stock markets in the Middle East. The indices track investment potential for local investors and for GCC investors wishing to buy stocks on foreign exchanges separately. They cover individual GCC markets, the GCC as a whole, the GCC excluding Saudi Arabia, as well as Jordan, Egypt and Morocco in aggregate, the region as a whole and the region minus Saudi Arabia. 'What we've done
  • New investment firm targets real estate

    Real Capita, a new Bahrain-based investment company focused mainly on real estate, was launched in mid-February. Its establishment follows the completion of a private placement which was about three times oversubscribed.
  • New life comes to Oman's amazing Green Mountain

    ven in January at more than 6,000 feet, it is warm enough to sunbathe on the plateau of Jebel Akhdar, Oman's magnificent whale-backed mountain range. From there, the hardy can park and complete the six-hour trek by foot to the top of Jebel Shams (mountain of the sun), Oman's highest peak at more than 10,000 feet. For the rest, the best option is peering queasily over the edge of a cliff that falls more than 3,000 feet to the wadi floor or sipping a drink at a new coffee shop.
  • New MBO eyes region

    Capital Trust Middle East (CTME) has split off from its London-based parent company Capital Trust Group (CTG) through a management buy-out (MBO). The new company, which has a capital of $10 million and $70 million under management, will be called Corporate Finance House (CFH).
  • New olefins complex planned

    A three-strong consortium comprising the Swedish/local Midroc, and House of Invention and Sara Development Company, both local, are planning to develop an estimated $5,000 million olefins complex in Jubail. The three are also planning an estimated $1,000 million downstream scheme at the same location. The proposed olefins complex will comprise: a 1.3 million-tonne-a-year (t/y) ethane/ propane cracker and various downstream units. The project's feasibility study has been completed by US-based
  • New prices for Shiraz fertiliser

    National Petrochemical Company (NPC) has asked the three bidding groups to resubmit offers for the Shiraz Fertiliser Company (SFC) ammonia and urea units by 28 February. The bidders are: the local Energy Industries Engineering & Design, with Italy's Snamprogetti; Japan's Toyo Engineering, with the local Petrochemical Industries Design & Engineering Company and Switzerland's Ammonia Casale; and Kawasaki Heavy Industries and Tomen Corporation, both of Japan, with the local Nargan and South Kore
  • New rules for listed companies in the pipeline

    A set of corporate governance guidelines is being drafted which will eventually govern the activities of listed companies, Abdulla al-Turaifi, chief executive officer of the Securities & Commodities Authority, said in remarks delivered on behalf of Economy & Planning Minister Sheikha Lubna al-Qassimi to a seminar organised by the Dubai Ethics Resource Centre on 5 February. 'There is a need to improve the levels of trust in the UAE market by enhancing the rule of law and voluntary disclosure,'
  • New rules issued for listed companies

    In a further step towards improving regulation of the kingdom's capital market, the Capital Market Authority (CMA) has issued new rules barring listed joint stock companies from investing in each other. Firms will instead be required to set up a dedicated fund if they wish to continue investing in stocks. 'At present, you have a situation where lots of listed companies hold large share portfolios and the CMA is trying to limit this exposure and the potential volatility caused,' says a local anal
  • Nine sentenced to death in Jordan

    A military court in Jordan on 15 February sentenced nine men to death for plotting a chemical attack that was foiled by security forces in April 2004. Four of the defendants, including Al-Qaeda leader in Iraq Abu Musab al-Zarqawi, were tried and found guilty in absentia. The chief organiser of the attack plan, Azmi al-Jayousi, claimed in court that he had been tortured for two weeks by security forces seeking a confession. Thirteen men were tried in total, but two were acquitted and two
  • No progress for Sharon

    A computerised tomography (CT) scan on Israeli Prime Minister Ariel Sharon on 10 February showed doctors that there has been no improvement in his condition. Sharon suffered a major stroke on 4 January and has since been in a coma. Ron Krumer, a spokesman for the Hadassa hospital where Sharon is being treated, said his condition was 'still serious but stable'.
  • Oasis signs refinancing

    Europe's Airbus has signed a $900 million refinancing deal with Abu Dhabi-based Oasis International Leasing Company (Al-Waha). The deal involves 25 aircraft - including A318, A319, A320, A321, A330 and A340 planes - which are on lease to various carriers worldwide. Barclays Capital acted as sole senior lender and a syndication is expected to be launched. The senior debt has a tenor of 12 years. Freshfields Bruckhaus Derringer acted as legal adviser.
  • OCI signs up for Arzew fertiliser plant

    Egypt's Orascom Construction Industries (OCI) has signed a memorandum of understanding to form a joint venture (JV) with state energy company Sonatrach for the development of a greenfield 1 million-tonne-a-year ammonia and urea plant near Arzew in the northwest. Total project costs are estimated at $746 million.
  • OHL takes Algiers ring-road

    A consortium led by Spain's Obrascon Huarte Lain (OHL) has been awarded the Eur 459 million ($555 million) contract to build a second ring-road around the capital. OHL has a 55 per cent stake in the consortium, alongside Portugal's Teixeira Duarte with 35 per cent and the local state-owned Engoa with 10 per cent.The two-year contract calls for the construction of a 65-kilometre dual carriageway with 15 interchanges. The new road, which may be expanded to six lanes at a later date, will s
  • OHL takes Algiers ring-road

    A consortium led by Spain's Obrascon Huarte Lain (OHL) has been awarded the Eur 459 million ($555 million) contract to build a second ring-road around the capital. OHL has a 55 per cent stake in the consortium, alongside Portugal's Teixeira Duarte with 35 per cent and the local state-owned Engoa with 10 per cent.The two-year contract calls for the construction of a 65-kilometre dual carriageway with 15 interchanges. The new road, which may be expanded to six lanes at a later date, will s
  • Oil blocks signed

    The National Resources Authority (NRA) has signed four production sharing agreements (PSAs) - the first since 1997 - for the exploration and development of five oil shale deposit blocks in the country. The US' Sonoran Energy has signed a PSA to explore and develop the 11,250-square-kilometre Ashraq block, east of Amman. The firm plans to invest $13 million in the block in two phases over the coming six years. Under an initial four-year exploration phase, Sonoran will carry out 3D seismic
  • Oil output up, minister tells Dubai summit

    Oil production is expected to increase to 650,000 barrels a day (b/d) in 2006 from 500,000 b/d, Minister of State for Energy & Mining Angelina Teny told the Sudan Development Programme Summit in Dubai on 13 February. Teny said the country had pipeline capacity of 1 million b/d and seven of its 21 blocks while producing oil and two blocks, one in Northern Darfur and another in the east, are under negotiation. South Africa's PetroSA is expected to sign an exploration and production sharing agreeme
  • Olefins 12 postponed

    The mid-February deadline for the olefins 12 complex at Assaluyeh has been put back indefinitely to give bidders more time to prepare their proposals. The delay is symptomatic of the current state of play in the petrochemicals sector, where difficulties in attracting foreign finance and the changeover in senior management at National Petrochemical Company (NPC) have seen project development slow significantly (MEED 16:12:05). The engineering, procurement and construction (EPC) package on olef
  • Olmert to cut Palestinian ties if Hamas heads government

    Acting Israeli prime minister Ehud Olmert said on 14 February that Israel would 'review all contacts' with the Palestinians should Hamas head a government. 'If the next Palestinian government is dominated by a majority of Hamas people, it ceases to be the authority it was and becomes something entirely different, something Israel is not ready to compromise nor is it ready to acquiesce with,' Olmert said. He expressed satisfaction that Washington has refused to engage with Hamas until the
  • OMAN

    Tender no 12/2006. Provision of consultancy services to provide project management team services for the development of the Seeb and Salalah airports project for the Transport & Communications Ministry.
  • OMAN

    Tender no 12/2006. Provision of consultancy services to provide project management team services for the development of the Seeb and Salalah airports project for the Transport & Communications Ministry.
  • OMAN

    Tender no 12/2006. Provision of consultancy services to provide project management team services for the development of the Seeb and Salalah airports project for the Transport & Communications Ministry.
  • OMAN

    Tender no 11/2006. Construction of a new 33-kV feeder line from the Jahloot 132/33/11-kV grid substation to the Madinat al-Nahdah PH:7 primary substation in Muscat.
  • OMAN

    Tender no 11/2006. Construction of a new 33-kV feeder line from the Jahloot 132/33/11-kV grid substation to the Madinat al-Nahdah PH:7 primary substation in Muscat.
  • OMAN

    Tender no 11/2006. Construction of a new 33-kV feeder line from the Jahloot 132/33/11-kV grid substation to the Madinat al-Nahdah PH:7 primary substation in Muscat.
  • OMAN

    Tender no 10/2006. Supply, installation and operation of computer systems for fundamental educational schools for the year 2006/07 for the Education Ministry.
  • OMAN

    Tender no 10/2006. Supply, installation and operation of computer systems for fundamental educational schools for the year 2006/07 for the Education Ministry.
  • OMAN

    Tender no 10/2006. Supply, installation and operation of computer systems for fundamental educational schools for the year 2006/07 for the Education Ministry.
  • OMAN

    Tender no 14/2006. Provision of specialist trainers for the external training of process operation, instrumentation, electrical and mechanical disciplines for Oman Refinery Company.
  • OMAN

    Tender no 14/2006. Provision of specialist trainers for the external training of process operation, instrumentation, electrical and mechanical disciplines for Oman Refinery Company.
  • OMAN

    Tender no 14/2006. Provision of specialist trainers for the external training of process operation, instrumentation, electrical and mechanical disciplines for Oman Refinery Company.
  • OMAN

    Tender no 13/2006. Provision of a commercial residential building at Al-Khuwair on plot 676-SQ17/2.Details, available until 15 March, on payment of RO 1,500 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.CD 3 April 2006
  • OMAN

    Tender no 13/2006. Provision of a commercial residential building at Al-Khuwair on plot 676-SQ17/2.Details, available until 15 March, on payment of RO 1,500 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.CD 3 April 2006
  • OMAN

    Tender no 13/2006. Provision of a commercial residential building at Al-Khuwair on plot 676-SQ17/2.Details, available until 15 March, on payment of RO 1,500 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.CD 3 April 2006
  • OMAN

    Tender no 15/2006. Implementation of a business information management system (BIMS) project for Sohar Refinery Company and Oman Refinery Company.
  • OMAN

    Tender no 15/2006. Implementation of a business information management system (BIMS) project for Sohar Refinery Company and Oman Refinery Company.
  • OMAN

    Tender no 15/2006. Implementation of a business information management system (BIMS) project for Sohar Refinery Company and Oman Refinery Company.
  • OMAN

    Tender no 7/2006. Implementation of a water distribution system as part of the Ash-Sharqiyah Sands water supply scheme at Asilah and Al-Gwabi for the Housing, Electricity & Water Ministry.
  • OMAN

    Tender no 7/2006. Implementation of a water distribution system as part of the Ash-Sharqiyah Sands water supply scheme at Asilah and Al-Gwabi for the Housing, Electricity & Water Ministry.
  • OMAN

    Tender no 7/2006. Implementation of a water distribution system as part of the Ash-Sharqiyah Sands water supply scheme at Asilah and Al-Gwabi for the Housing, Electricity & Water Ministry.
  • OMAN

    Tender no 5/2006. Supply of a 33-kV overhead line feeder from the Ibri grid substation to Kubarah, including 33-kV switchgear, in the Dahirah region.
  • OMAN

    Tender no 5/2006. Supply of a 33-kV overhead line feeder from the Ibri grid substation to Kubarah, including 33-kV switchgear, in the Dahirah region.
  • OMAN

    Tender no 5/2006. Supply of a 33-kV overhead line feeder from the Ibri grid substation to Kubarah, including 33-kV switchgear, in the Dahirah region.
  • OMAN

    Tender no 6/2006. Implementation of proposed buildings for Oman Refinery Company.Details, available until 1 March, on payment of RO 470 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.
  • OMAN

    Tender no 6/2006. Implementation of proposed buildings for Oman Refinery Company.Details, available until 1 March, on payment of RO 470 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.
  • OMAN

    Tender no 6/2006. Implementation of proposed buildings for Oman Refinery Company.Details, available until 1 March, on payment of RO 470 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.
  • Oman

    Tender no 4/2006. Provision of pipeline maintenance services for the Mina al-Fahal-Sohar crude pipeline for Oman Refinery Company. Details, available until 15 February, on payment of RO 1,120 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.
  • Oman

    Tender no 4/2006. Provision of pipeline maintenance services for the Mina al-Fahal-Sohar crude pipeline for Oman Refinery Company. Details, available until 15 February, on payment of RO 1,120 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.
  • Oman

    Tender no 4/2006. Provision of pipeline maintenance services for the Mina al-Fahal-Sohar crude pipeline for Oman Refinery Company. Details, available until 15 February, on payment of RO 1,120 from Tender Board, PO Box 787, PC 133, Al-Khuwair, telephone (96824) 602073, fax (96824) 602063.
  • Oman

    Prequalification. Contract no C682/1. Carrying out the design, construction, operation and maintenance of new sewage treatment plant (STP) works to treat domestic sewage from a population of 844,000 and with the provision for future extension to 1.125 million people. The Doha North STP, located 20 kilometres northwest of Doha, will have phase 1 capacity of 227,300 cubic metres a day. The contract will be let on a design, build and operation and maintenance (O&M) basis and will take 30 months,
  • Oman

    Prequalification. Contract no C682/1. Carrying out the design, construction, operation and maintenance of new sewage treatment plant (STP) works to treat domestic sewage from a population of 844,000 and with the provision for future extension to 1.125 million people. The Doha North STP, located 20 kilometres northwest of Doha, will have phase 1 capacity of 227,300 cubic metres a day. The contract will be let on a design, build and operation and maintenance (O&M) basis and will take 30 months,
  • Oman

    Prequalification. Contract no C682/1. Carrying out the design, construction, operation and maintenance of new sewage treatment plant (STP) works to treat domestic sewage from a population of 844,000 and with the provision for future extension to 1.125 million people. The Doha North STP, located 20 kilometres northwest of Doha, will have phase 1 capacity of 227,300 cubic metres a day. The contract will be let on a design, build and operation and maintenance (O&M) basis and will take 30 months,
  • Oman

    Tender no GTC/06/143/MT. Supply of fire-fighting vehicles. Bid bond is QR 500,000.Details on payment of QR 1,000 from Qatar Petroleum, Materials Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • Oman

    Tender no GTC/06/143/MT. Supply of fire-fighting vehicles. Bid bond is QR 500,000.Details on payment of QR 1,000 from Qatar Petroleum, Materials Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • Oman

    Tender no GTC/06/143/MT. Supply of fire-fighting vehicles. Bid bond is QR 500,000.Details on payment of QR 1,000 from Qatar Petroleum, Materials Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • Oman

    Tender no LTC/05/388. Carrying out a three-year call-off maintenance contract for closed-circuit television (CCTV) equipment at the Qatar Petroleum refinery in Mesaieed. Bid bond is QR 50,000.
  • Oman

    Tender no LTC/05/388. Carrying out a three-year call-off maintenance contract for closed-circuit television (CCTV) equipment at the Qatar Petroleum refinery in Mesaieed. Bid bond is QR 50,000.
  • Oman

    Tender no LTC/05/388. Carrying out a three-year call-off maintenance contract for closed-circuit television (CCTV) equipment at the Qatar Petroleum refinery in Mesaieed. Bid bond is QR 50,000.
  • One bid for Fairmont

    The local Arabtec Construction is the sole bidder for the main residential contract to build the Fairmont Palm Residences & Hotel on Palm Jumeirah. Two other companies, the local ALEC and the local/UK Al-Naboodah Laing O'Rourke, were prequalified. The residences, which are being developed by Kuwait-based IFA Hotels & Resorts at an estimated cost of $180 million, will comprise 580 luxury apartments, townhouses and villas for about 2,000 residents. The hotel element, being developed by a joint ven
  • One bid for Fairmont

    The local Arabtec Construction is the sole bidder for the main residential contract to build the Fairmont Palm Residences & Hotel on Palm Jumeirah. Two other companies, the local ALEC and the local/UK Al-Naboodah Laing O'Rourke, were prequalified. The residences, which are being developed by Kuwait-based IFA Hotels & Resorts at an estimated cost of $180 million, will comprise 580 luxury apartments, townhouses and villas for about 2,000 residents. The hotel element, being developed by a joint ven
  • One more year for Palm Jebel Ali reclamation

    Belgium's Jan De Nul has received a variation order from local property developer Nakheel on its dredging and reclamation contract for Palm Jebel Ali. The variation means that the overall reclamation works will now be completed in May 2007 instead of March 2006, as was originally planned.
  • One more year for Palm Jebel Ali reclamation

    Belgium's Jan De Nul has received a variation order from local property developer Nakheel on its dredging and reclamation contract for Palm Jebel Ali. The variation means that the overall reclamation works will now be completed in May 2007 instead of March 2006, as was originally planned.
  • Ongoing industrial revolution

    When the Royal Commission for Jubail & Yanbu (RCJY) was set up by royal decree in 1975, there were many doubts voiced about the practicalities of forging two new industrial cities from the desert. Twenty-one years later, the sceptics have been well and truly silenced. Today, the industrial cities generate about 8 per cent of the kingdom's gross domestic product (GDP), 7 per cent of the world's petrochemical production and attract 70 per cent of foreign direct investment (FDI) into the kingdom
  • Only one in for dredge job

    The local Gulf Dredging & General Contracting Company (GDC) is the only bidder for the contract to deepen the main approach channel and basin at Shuwaikh port following the passing of the 25 January bid deadline. Local tender rules require at least two bidders for any major project, and the contract is likely to be retendered. 'The tender documents were all in Arabic, including the technical element,' says one of the other eight prequalifiers. 'It also stipulated that the work must be carried
  • Only one in for dredge job

    The local Gulf Dredging & General Contracting Company (GDC) is the only bidder for the contract to deepen the main approach channel and basin at Shuwaikh port following the passing of the 25 January bid deadline. Local tender rules require at least two bidders for any major project, and the contract is likely to be retendered. 'The tender documents were all in Arabic, including the technical element,' says one of the other eight prequalifiers. 'It also stipulated that the work must be carried
  • Onshore Medgaz work takes shape

    The local/Lebanese consortium of Kanaghaz and Zakhem has been awarded the estimated $130 million contract for the second local onshore section of the Medgaz pipeline project. Tenders have also been issued for the third and final section (MEED 22:7:05).The 25-month phase 2 contract calls for the construction of a 48-inch diameter, 218-kilometre-long pipeline from Sougeur to Arzew via Relizane as well as supervisory control and data acquisition (SCADA) systems for the first and second onsh
  • PA calls for private backing

    The Palestinian Authority (PA) is hoping to attract $5,000 million of funds from the private sector with a new investment plan. The plan will be completed by the beginning of March and presented to potential investors at the Palestinian Development & Investment Conference in Bethlehem and Gaza in April. Ernst & Young is the consultant. 'The main objective is to attract investors from the Gulf, the Palestinian diaspora, Europe, the US and South America,' National Economy Minister Mazen Sinokrot t
  • Palestinian militant killed by troops

    Ahmed Radad, a member of the Islamic Jihad militant group, was killed on 7 February by Israeli troops in the West Bank. Residents were ordered to leave their houses by Israeli forces before a gunfight between the troops and members of the militant group. The death comes a day after two members of the Al-Aqsa Martyrs' Brigades were killed by an Israeli air strike over Gaza. Five more Palestinians were killed in two air strikes two days previously and on 3 February four Israelis were wound
  • PalTel denies bid claims

    Palestine Telecommunications Company (PalTel) chief executive officer Abdul Malik al-Jaber has denied media reports of the company's bid for a stake in Jordan Telecom (JT). 'I can confirm that we are not bidding at all for the stake in Jordan Telecom,' Jaber told MEED on 22 February. PalTel had been reported as bidding JD 5 ($7) a share for the 103.75 million shares on offer, valuing the transaction at JD 520 million ($735 million). Amman is selling a 12 per cent stake in the local operator out
  • PCIC pushes on with coke calcination plant

    The local Petroleum Coke Industries Company (PCIC) has invited international contractors to bid by 16 March for the civil works package on its planned coke calcination plant project in the Shuaiba industrial area. An award is expected by the end of the second quarter.
  • PDO strikes four

    Petroleum Development Oman (PDO) has announced the discovery of four new oil fields, two in the north at Ufuq and Dafiq and two in the south at Sakhiya-South West and Mamour. The drilling campaign in the north will see 16 additional wells drilled over the next 18 months. The southern fields will be brought on stream as part of the ongoing Harweel field development. 'Such discoveries, whose ultimate reserves can be measured in perhaps 10s rather than thousands of million of barrels, will nonethel
  • Petrel set to conclude PSA as Indians pull-out

    Dublin-based Petrel Resources is expected to conclude a production sharing agreement (PSA) with the National Resources Authority (NRA) by the end of February, say senior NRA officials. If signed, the estimated $10 million-12 million deal is expected to last six years. Petrel signed a memorandum of understanding (MoU) in January for the 8,750-square-kilometre East Safawi block in the northeast. India's Monnet Ispat has cancelled its MoU to develop the North and South Sirhan blocks, which cover a
  • PMC sought for Jeddah airport

    The Presidency of Civil Aviation (PCA) has invited companies to submit technical and commercial bids on 22 April for a five-year contract to provide project and construction management (PCM) services on the expansion of King Abdulaziz International Airport (KAIA) in Jeddah. The invitees include the US' Bechtel, with the local Dar al-Riyadh, Beirut-based Dar al-Handasah (Shair & Partners), the local Zuhair Fayez Partnership Consultants and Turner Construction International, Parsons Brinckerhof
  • PMC sought for Jeddah airport

    The Presidency of Civil Aviation (PCA) has invited companies to submit technical and commercial bids on 22 April for a five-year contract to provide project and construction management (PCM) services on the expansion of King Abdulaziz International Airport (KAIA) in Jeddah. The invitees include the US' Bechtel, with the local Dar al-Riyadh, Beirut-based Dar al-Handasah (Shair & Partners), the local Zuhair Fayez Partnership Consultants and Turner Construction International, Parsons Brinckerhof
  • PMS selected on Al-Ain road scheme

    Al-Ain Municipality has appointed US-based Parsons International to provide project management services (PMS) on the AED 540 million ($147 million) scheme to convert the Al-Ain-Al-Wagan-Al-Quoaa highway into a dual-carriageway. Four contractors - local firms Al-Jaber Establishment, Saif bin Darwish and a company identified as Al-Fajr, and Kuwait's Copri Construction Enterprises - are currently working on separate sections of the 175-kilometre upgrade, but the project has fallen behind schedul
  • PMS selected on Al-Ain road scheme

    Al-Ain Municipality has appointed US-based Parsons International to provide project management services (PMS) on the AED 540 million ($147 million) scheme to convert the Al-Ain-Al-Wagan-Al-Quoaa highway into a dual-carriageway. Four contractors - local firms Al-Jaber Establishment, Saif bin Darwish and a company identified as Al-Fajr, and Kuwait's Copri Construction Enterprises - are currently working on separate sections of the 175-kilometre upgrade, but the project has fallen behind schedul
  • PQs due for Ruwais sulphur expansion

    Abu Dhabi Oil Refining Company (Takreer) has invited companies to submit prequalifications by 22 February for the engineering, procurement and construction (EPC) contract covering the proposed third-phase expansion of the Ruwais sulphur handling terminal (RSHT). At present, the installed capacity of RSHT is 7,650 tonnes a day (t/d) with processing capacity of 6,550 t/d. The expansion will increase capacity by 2,420 t/d (MEED 27:1:06).
  • PQs out for Zarshuran mine

    Iran Mines & Mineral Industries Development & Renovation Organisation (Imidro) and Iranian Minerals Production & Supply Company (Impasco) have issued a request for prequalification for a gold processing plant at Zarshuran gold mine near Takab. Canada's Zarcan International Resources is the foreign partner in the project (see Tenders).
  • Prequals in for UAD FEED

    Applications for prequalification have been submitted to Zakum Development Company (Zadco) by five companies for the front-end engineering and design (FEED) contract on the Umm al-Dalkh (UAD) full-field development. The contract is being retendered to incorporate an expanded scope of works. The firms are Australia's WorleyParsons, the US/Canadian VECO, the UK's Mott MacDonald, Tebodin Middle East, part of Tebodin of the Netherlands, and US-based Jacobs Engineering. Under the revised scope, the p
  • Privatisation: Open invitation

    The kingdom's ambassador to the UK, Prince Mohammed bin Nawaf, set the record straight when he addressed delegates at the Trade & Investment Opportunities for British companies in Saudi Arabia roadshow in Edinburgh in late January. 'King Abdullah recently announced an investment of $624,000 million in all sectors of the economy over the coming 15 years. We want to do business with you and I assure you, you will not be disappointed.'
  • Project Kuwait stalls again

    The National Assembly (parliament) voted on 25 December to withdraw the economy and finance committee's report on Project Kuwait just three weeks before MPs were due to debate the landmark upstream initiative. The withdrawal of the report, which was originally submitted to legislators in June, means that the 23 January parliamentary debate and subsequent vote on the estimated $8,500 million scheme cannot go ahead until the committee resubmits its recommendations to parliament. Project Kuwait - w
  • Protests follow Iran trade link cut with Denmark

    Rioting at the Danish embassy in Tehran on 6 February followed Iran's cutting of its trade links with Denmark in response to the publication in a Danish newspaper of cartoons deemed offensive to Muslims. Several hundred protesters threw fire bombs and rocks and chanted 'death to Denmark' before police dispersed the crowd with tear gas. Nine protesters were reported to have been wounded. The protests followed earlier demonstrations outside the Austrian embassy in Tehran. The Iranian gover
  • Putin moots Hamas meeting

    Russian president Putin on 9 February said that he would invite the leaders of Hamas to Moscow for talks on the Middle East peace process. This is the first move by a member of the Middle East Quartet - the US, the UN, the EU and Russia - to engage with Hamas since the group won the Palestinian Legislative Council (PLC) election in January.'We need to recognise that Hamas has come to power as a result of a legitimate election and we need to respect the will of the Palestin
  • PWC lists on DFM

    Shares in Kuwait's PWC Logistics began trading on the Dubai Financial Market on 15 February. Global Investment House acted as the listing adviser. PWC has total assets of KD 1,000 million ($3,422 million) and reported net profits of KD 111.6 million ($382 million) for the first three quarters of 2005.
  • Qassim Sultan retires

    Qassim Sultan, the long-serving director-general of Dubai Municipality, has retired. Sultan worked at the municipality for more than 30 years. Hussain Nasser Lootah, the deputy director-general, will take over as acting director-general.
  • Qassim Sultan retires

    Qassim Sultan, the long-serving director-general of Dubai Municipality, has retired. Sultan worked at the municipality for more than 30 years. Hussain Nasser Lootah, the deputy director-general, will take over as acting director-general.
  • QATAR

    Tender no GTC/87/2005. Carrying out a three-year call-off contract for the replacement and new installation of customer electronic meters. Bid bond is QR 600,000. Details, available until 12 February, on payment of QR 3,000 from Department of Water Field Services, Office 12, Seventh Floor, Qatar General Electricity & Water Corporation (Kahramaa), Musheireb Street, Dafna.
  • QATAR

    Tender no GTC/87/2005. Carrying out a three-year call-off contract for the replacement and new installation of customer electronic meters. Bid bond is QR 600,000. Details, available until 12 February, on payment of QR 3,000 from Department of Water Field Services, Office 12, Seventh Floor, Qatar General Electricity & Water Corporation (Kahramaa), Musheireb Street, Dafna.
  • QATAR

    Tender no GTC/87/2005. Carrying out a three-year call-off contract for the replacement and new installation of customer electronic meters. Bid bond is QR 600,000. Details, available until 12 February, on payment of QR 3,000 from Department of Water Field Services, Office 12, Seventh Floor, Qatar General Electricity & Water Corporation (Kahramaa), Musheireb Street, Dafna.
  • QATAR

    Tender no GTC/06/161/MT. Supply and installation of fixed, mobile and hand-held Tetra radios. Bid bond is QR 150,000.Details on payment of QR 1,000 from Qatar Petroleum, Contracts Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • QATAR

    Tender no GTC/06/161/MT. Supply and installation of fixed, mobile and hand-held Tetra radios. Bid bond is QR 150,000.Details on payment of QR 1,000 from Qatar Petroleum, Contracts Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • QATAR

    Tender no GTC/06/161/MT. Supply and installation of fixed, mobile and hand-held Tetra radios. Bid bond is QR 150,000.Details on payment of QR 1,000 from Qatar Petroleum, Contracts Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • QATAR

    Tender no GTC/06/137/DN. Carrying out a three-year call-off contract for protective painting and wrapping of all metallic equipment, structures and components within the Qatar Petroleum refinery at Mesaieed. Bid bond is QR 10,000.
  • QATAR

    Tender no GTC/06/137/DN. Carrying out a three-year call-off contract for protective painting and wrapping of all metallic equipment, structures and components within the Qatar Petroleum refinery at Mesaieed. Bid bond is QR 10,000.
  • QATAR

    Tender no GTC/06/137/DN. Carrying out a three-year call-off contract for protective painting and wrapping of all metallic equipment, structures and components within the Qatar Petroleum refinery at Mesaieed. Bid bond is QR 10,000.
  • QATAR

    Tender no PWA/GTC/105/05-06. Carrying out the Doha Expressway/D ring roads interchange ERC1400/D20/C4 project. Bid bond is QR 5 million.
  • QATAR

    Tender no PWA/GTC/105/05-06. Carrying out the Doha Expressway/D ring roads interchange ERC1400/D20/C4 project. Bid bond is QR 5 million.
  • QATAR

    Tender no PWA/GTC/105/05-06. Carrying out the Doha Expressway/D ring roads interchange ERC1400/D20/C4 project. Bid bond is QR 5 million.
  • QATAR

    Tender no PWA/GTC/R/059/04-05. Carrying out the agriculture and animal quarantine building project at Abu Samra. Bid bond is QR 1 million.
  • QATAR

    Tender no PWA/GTC/R/059/04-05. Carrying out the agriculture and animal quarantine building project at Abu Samra. Bid bond is QR 1 million.
  • QATAR

    Tender no PWA/GTC/R/059/04-05. Carrying out the agriculture and animal quarantine building project at Abu Samra. Bid bond is QR 1 million.
  • QATAR

    Tender no LTC/06/082. Provision of support services for the retrieval and reinstallation of down hole pumps at PWI wells on a call-off basis in the Dukhan fields. Bid bond is QR 50,000. Details on payment of QR 200 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no LTC/06/082. Provision of support services for the retrieval and reinstallation of down hole pumps at PWI wells on a call-off basis in the Dukhan fields. Bid bond is QR 50,000. Details on payment of QR 200 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no LTC/06/082. Provision of support services for the retrieval and reinstallation of down hole pumps at PWI wells on a call-off basis in the Dukhan fields. Bid bond is QR 50,000. Details on payment of QR 200 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no PWA/GTC/115/05-06. Construction of a secondary school for girls at East Umm al-Amad (school no 4). Bid bond is QR 1 million.
  • QATAR

    Tender no PWA/GTC/115/05-06. Construction of a secondary school for girls at East Umm al-Amad (school no 4). Bid bond is QR 1 million.
  • QATAR

    Tender no PWA/GTC/115/05-06. Construction of a secondary school for girls at East Umm al-Amad (school no 4). Bid bond is QR 1 million.
  • QATAR

    Tender no GTC/06/151/OEG. Provision of engineering, procurement, installation and construction (EPIC) services for the replacement of single mechanical seals with double mechanical seals for hydrocarbon process pumps at natural gas liquids (NGL) plants in Mesaieed. Bid bond is QR 100,000. Details on payment of QR 500 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no GTC/06/151/OEG. Provision of engineering, procurement, installation and construction (EPIC) services for the replacement of single mechanical seals with double mechanical seals for hydrocarbon process pumps at natural gas liquids (NGL) plants in Mesaieed. Bid bond is QR 100,000. Details on payment of QR 500 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no GTC/06/151/OEG. Provision of engineering, procurement, installation and construction (EPIC) services for the replacement of single mechanical seals with double mechanical seals for hydrocarbon process pumps at natural gas liquids (NGL) plants in Mesaieed. Bid bond is QR 100,000. Details on payment of QR 500 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no STC/06/087. Carrying out a feasibility study and provision of consultancy services, comprising the development of a report and provision of deliverables, for the modification of an existing central pipe unit swivel by a new single point mooring (SPM) type swivel and sealing arrangement. Bid bond is QR 5,000. Details on payment of QR 200 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no STC/06/087. Carrying out a feasibility study and provision of consultancy services, comprising the development of a report and provision of deliverables, for the modification of an existing central pipe unit swivel by a new single point mooring (SPM) type swivel and sealing arrangement. Bid bond is QR 5,000. Details on payment of QR 200 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no STC/06/087. Carrying out a feasibility study and provision of consultancy services, comprising the development of a report and provision of deliverables, for the modification of an existing central pipe unit swivel by a new single point mooring (SPM) type swivel and sealing arrangement. Bid bond is QR 5,000. Details on payment of QR 200 from Qatar Petroleum, Contracts Department, Room G-14, Fourth Floor, Block G, Royal Plaza, Al-Sadd Street, Doha.
  • QATAR

    Tender no 93/2005. Design, manufacture, supply, testing and commissioning of 401 132/66-kV, 92-MVA mobile transformers, one 66/11-kV mobile transformer and one 11-kV mobile switchgear unit. Bid bond is QR 300,000. Details on payment of QR 1,000 from General Tenders Committee, Qatar General Electricity & Water Corporation (Kahramaa), Legal Department, Fifth Floor, Dafna.
  • QATAR

    Tender no 93/2005. Design, manufacture, supply, testing and commissioning of 401 132/66-kV, 92-MVA mobile transformers, one 66/11-kV mobile transformer and one 11-kV mobile switchgear unit. Bid bond is QR 300,000. Details on payment of QR 1,000 from General Tenders Committee, Qatar General Electricity & Water Corporation (Kahramaa), Legal Department, Fifth Floor, Dafna.
  • QATAR

    Tender no 93/2005. Design, manufacture, supply, testing and commissioning of 401 132/66-kV, 92-MVA mobile transformers, one 66/11-kV mobile transformer and one 11-kV mobile switchgear unit. Bid bond is QR 300,000. Details on payment of QR 1,000 from General Tenders Committee, Qatar General Electricity & Water Corporation (Kahramaa), Legal Department, Fifth Floor, Dafna.
  • QATAR

    Tender no GTC/80/2005. Carrying out a two-year call-off contract for the refurbishment of water reservoirs. Bid bond is QR 500,000. Details, available until 21 February, on payment of QR 1,000 from Qatar General Electricity & Water Corporation (Kahramaa), Operation & Maintenance Department, Water Networks Affairs, Musheireb Street, Dafna, telephone (974) 4383576.
  • QATAR

    Tender no GTC/80/2005. Carrying out a two-year call-off contract for the refurbishment of water reservoirs. Bid bond is QR 500,000. Details, available until 21 February, on payment of QR 1,000 from Qatar General Electricity & Water Corporation (Kahramaa), Operation & Maintenance Department, Water Networks Affairs, Musheireb Street, Dafna, telephone (974) 4383576.
  • QATAR

    Tender no GTC/80/2005. Carrying out a two-year call-off contract for the refurbishment of water reservoirs. Bid bond is QR 500,000. Details, available until 21 February, on payment of QR 1,000 from Qatar General Electricity & Water Corporation (Kahramaa), Operation & Maintenance Department, Water Networks Affairs, Musheireb Street, Dafna, telephone (974) 4383576.
  • QATAR

    Tender no GTC/06/129/EF. Provision of front-end engineering and design (FEED) services for an integrated oily water/sludge handling system, fire protection for crude oil manifolds and diesel storage, and new metering facilities at Halul. Bid bond is QR 150,000. Details on payment of QR 2,000 from Qatar Petroleum, Contracts Department, Engineering Section, Room 233, Second Floor, Building 1, Royal Plaza, Al-Sadd Street, Ras Abu Aboud, Doha.
  • QATAR

    Tender no GTC/06/129/EF. Provision of front-end engineering and design (FEED) services for an integrated oily water/sludge handling system, fire protection for crude oil manifolds and diesel storage, and new metering facilities at Halul. Bid bond is QR 150,000. Details on payment of QR 2,000 from Qatar Petroleum, Contracts Department, Engineering Section, Room 233, Second Floor, Building 1, Royal Plaza, Al-Sadd Street, Ras Abu Aboud, Doha.
  • QATAR

    Tender no GTC/06/129/EF. Provision of front-end engineering and design (FEED) services for an integrated oily water/sludge handling system, fire protection for crude oil manifolds and diesel storage, and new metering facilities at Halul. Bid bond is QR 150,000. Details on payment of QR 2,000 from Qatar Petroleum, Contracts Department, Engineering Section, Room 233, Second Floor, Building 1, Royal Plaza, Al-Sadd Street, Ras Abu Aboud, Doha.
  • QATAR

    Tender no LTC/06/073. Supply of a high-pressure water jetting unit for trailer-mounted heat exchanger cleaning. Bid bond is QR 5,000.
  • QATAR

    Tender no LTC/06/073. Supply of a high-pressure water jetting unit for trailer-mounted heat exchanger cleaning. Bid bond is QR 5,000.
  • QATAR

    Tender no LTC/06/073. Supply of a high-pressure water jetting unit for trailer-mounted heat exchanger cleaning. Bid bond is QR 5,000.
  • QATAR

    Tender no GTC/06/156/DN. Carrying out engineering, procurement, installation and commissioning (EPIC) services for the refurbishment of a mechanical and maintenance workshop and the addition of new offices and sheds at the Qatar Petroleum refinery at Mesaieed. The contractor will carry out the complete study, design, construction, procurement, installation, testing and commissioning services for all civil, electrical, heating, ventilation and air-conditioning (HVAC), fire alarm, and LAN/telec
  • QATAR

    Tender no GTC/06/156/DN. Carrying out engineering, procurement, installation and commissioning (EPIC) services for the refurbishment of a mechanical and maintenance workshop and the addition of new offices and sheds at the Qatar Petroleum refinery at Mesaieed. The contractor will carry out the complete study, design, construction, procurement, installation, testing and commissioning services for all civil, electrical, heating, ventilation and air-conditioning (HVAC), fire alarm, and LAN/telec
  • QATAR

    Tender no GTC/06/156/DN. Carrying out engineering, procurement, installation and commissioning (EPIC) services for the refurbishment of a mechanical and maintenance workshop and the addition of new offices and sheds at the Qatar Petroleum refinery at Mesaieed. The contractor will carry out the complete study, design, construction, procurement, installation, testing and commissioning services for all civil, electrical, heating, ventilation and air-conditioning (HVAC), fire alarm, and LAN/telec
  • QATAR

    Tender no PWA/GTC/110/05-06. Implementation of a multi-purpose sports hall at a girls' elementary school in Al-Wakra, type 1, on site 3 (BEC2005009/B) for the Department of Building Affairs. Bid bond is QR 150,000. Details on payment of QR 1,000 from Public Works Authority (Ashghal), General Tenders Committee, PO Box 22188, Doha, telephone (974) 4329851, fax (974) 4363049, e-mail info@ashghal.com, website www.ashghal.com.
  • QATAR

    Tender no PWA/GTC/110/05-06. Implementation of a multi-purpose sports hall at a girls' elementary school in Al-Wakra, type 1, on site 3 (BEC2005009/B) for the Department of Building Affairs. Bid bond is QR 150,000. Details on payment of QR 1,000 from Public Works Authority (Ashghal), General Tenders Committee, PO Box 22188, Doha, telephone (974) 4329851, fax (974) 4363049, e-mail info@ashghal.com, website www.ashghal.com.
  • QATAR

    Tender no PWA/GTC/110/05-06. Implementation of a multi-purpose sports hall at a girls' elementary school in Al-Wakra, type 1, on site 3 (BEC2005009/B) for the Department of Building Affairs. Bid bond is QR 150,000. Details on payment of QR 1,000 from Public Works Authority (Ashghal), General Tenders Committee, PO Box 22188, Doha, telephone (974) 4329851, fax (974) 4363049, e-mail info@ashghal.com, website www.ashghal.com.
  • QATAR

    Tender no PWA/GTC/102/05-06. Implementation of offices, hall and a laboratory for the Al-Khor museum, phase 2 (BCC/2004007) for the Department of Building Affairs. Bid bond is QR 160,000. Details on payment of QR 1,000 from Public Works Authority (Ashghal), General Tenders Committee, PO Box 22188, Doha, telephone (974) 4329851, fax (974) 4363049, e-mail info@ashghal.com, website www.ashghal.com.
  • QATAR

    Tender no PWA/GTC/102/05-06. Implementation of offices, hall and a laboratory for the Al-Khor museum, phase 2 (BCC/2004007) for the Department of Building Affairs. Bid bond is QR 160,000. Details on payment of QR 1,000 from Public Works Authority (Ashghal), General Tenders Committee, PO Box 22188, Doha, telephone (974) 4329851, fax (974) 4363049, e-mail info@ashghal.com, website www.ashghal.com.
  • QATAR

    Tender no PWA/GTC/102/05-06. Implementation of offices, hall and a laboratory for the Al-Khor museum, phase 2 (BCC/2004007) for the Department of Building Affairs. Bid bond is QR 160,000. Details on payment of QR 1,000 from Public Works Authority (Ashghal), General Tenders Committee, PO Box 22188, Doha, telephone (974) 4329851, fax (974) 4363049, e-mail info@ashghal.com, website www.ashghal.com.
  • QATAR

    Tender no GTC/QF-COA/012/06. Supply, installation and commissioning of furniture, fittings and equipment on a call-off basis for the Qatar Foundation's education city project. Bid bond is QR 950,000. Details on payment of QR 1,000 from Qatar Petroleum, Materials Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • QATAR

    Tender no GTC/QF-COA/012/06. Supply, installation and commissioning of furniture, fittings and equipment on a call-off basis for the Qatar Foundation's education city project. Bid bond is QR 950,000. Details on payment of QR 1,000 from Qatar Petroleum, Materials Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • QATAR

    Tender no GTC/QF-COA/012/06. Supply, installation and commissioning of furniture, fittings and equipment on a call-off basis for the Qatar Foundation's education city project. Bid bond is QR 950,000. Details on payment of QR 1,000 from Qatar Petroleum, Materials Department, Room 30, Ground Floor, Qatar Navigation Plaza Building, C Ring Road, Doha.
  • QATAR

    Tender no GTC/06/141/RLC. Provision of operated lifting equipment services on a continuously-deployed, call-off basis for Ras Laffan industrial city. Bid bond is QR 75,000.
  • QATAR

    Tender no GTC/06/141/RLC. Provision of operated lifting equipment services on a continuously-deployed, call-off basis for Ras Laffan industrial city. Bid bond is QR 75,000.
  • QATAR

    Tender no GTC/06/141/RLC. Provision of operated lifting equipment services on a continuously-deployed, call-off basis for Ras Laffan industrial city. Bid bond is QR 75,000.
  • QATAR

    Tender no GTC/06/136/ED. Provision of engineering, procurement, installation and commissioning (EPIC) services for the replacement of V-2003 and the installation of air coolers at NGL 2 at Mesaieed. Bid bond is QR 250,000.
  • QATAR

    Tender no GTC/06/136/ED. Provision of engineering, procurement, installation and commissioning (EPIC) services for the replacement of V-2003 and the installation of air coolers at NGL 2 at Mesaieed. Bid bond is QR 250,000.
  • QATAR

    Tender no GTC/06/136/ED. Provision of engineering, procurement, installation and commissioning (EPIC) services for the replacement of V-2003 and the installation of air coolers at NGL 2 at Mesaieed. Bid bond is QR 250,000.
  • QATAR

    Tender no LTC/06/093. Three years' supply on a stocking and call-off basis of reagents for a hematology laboratory. Bid bond is QR 10,000.
  • QATAR

    Tender no LTC/06/093. Three years' supply on a stocking and call-off basis of reagents for a hematology laboratory. Bid bond is QR 10,000.
  • QATAR

    Tender no LTC/06/093. Three years' supply on a stocking and call-off basis of reagents for a hematology laboratory. Bid bond is QR 10,000.
  • Qatargas topsides go for bid

    Technical bids have been invited by 27 February for the contract to fabricate and install topsides in the North field for the Qatargas 3 and Qatargas 4 projects. Prequalifiers include Jebel Ali-based J Ray McDermott (Middle East) and Abu Dhabi's National Petroleum Construction Company (NPCC). McDermott was awarded in late December the estimated $25 million contract to fabricate and install three jackets for the Qatargas 3 and 4 projects (MEED 6:1:06).
  • QNCC invites lime plant bids

    Qatar National Cement Company (QNCC) has invited turnkey bids by 13 February for its new lime calcining plant at Umm Bab. The contract, which will be let on a supply, construction and commissioning basis, calls for the installation of a 300-tonne-a-day (t/d) line. The consultant is India's MN Dastur & Company (MEED 13:5:05).
  • QP takes steps to sweeten deals

    Qatar Petroleum (QP) announced on 15 February major changes in its contracting strategy, as part of efforts to initiate global bidding procedures and ensure best industry practices. A contract forum - comprising QP and engineering, procurement and construction (EPC) contractors, suppliers and vendors - has been set up. Benchmarking of QP's contracting procedures against global standards has also been introduced. The other changes include:
  • QREIC to issue loan/sukuk

    Qatar Real Estate Investment Company (QREIC) has signed a $375 million Islamic financing package, lead managed by a group of four banks. The facility will be split between a syndicated loan and a sukuk, the first to be issued by a local corporate. Doha launched a $700 million sovereign sukuk in late 2003 explicitly designed to set a benchmark for corporate issuance (MEED 3:10:03).
  • Q-Tel posts profits, readies for competition

    Qatar Telecom (Q-Tel) has announced a 2.7 per cent increase in net profit for 2005 to QR 1,500 million ($401.1 million). Net earnings from domestic operations rose by 12.7 per cent to QR 1,700 million ($454.5 million) and revenues were up by 21.2 per cent to QR 2,350 million ($628.3 million), driven mainly by the proceeds from wireless and data services. The slim rise in consolidated net profits reflected the start-up costs of the operator's subsidiary Nawras Telecom, which launched GSM servi
  • Quartet sets Palestinian donor criteria

    UN Secretary-General Kofi Annan outlined on 30 January the criteria Hamas must meet in order to continue to receive international contributions. 'All members of the future Palestinian government must be committed to non-violence, recognition of Israel and acceptance of previous agreements and obligations, including the roadmap,' Annan said, speaking on behalf of the Middle East Quartet - the UN, the US, the EU and Russia. However, there was no threat of a cut in aid in the short term.
  • RAK Airways begins capital-raising for

    A private placement was launched on 13 February of shares in RAK Airways, a new airline recently created by Emiri decree. On offer are 850 million shares priced at AED 1 ($0.27) plus a subscription fee of AED 0.02 ($0.01); minimum subscription is AED 400,000 ($108,992). The placement is open to UAE nationals through branches of National Bank of Ras al-Khaimah and Commercial Bank International. The government will retain the largest shareholding in the private joint stock company, which will b
  • RAK heads to a galaxy far, far away

    The government of Ras al-Khaimah (RAK) unveiled on 17 February an ambitious plan to develop a commercial spaceport in the emirate. The project will be carried out in conjunction with the US' Space Adventures, which until now has been the only company to launch tourism flights into space. The spaceport, which is still in its conceptual stage, would initially comprise a hangar and a visitor centre with a total built-up area of about 20,000 square metres. 'We are only now talking about suborbita
  • Recafco takes special training college

    The local Real Estate Construction & Fabrication Company (Recafco) has been awarded the contract, worth KD 28 million ($97 million), to build the special training centre (STC) for the Public Authority for Applied Education & Training (PAAET) at its Shuwaikh campus. Construction will take 29 months. Recafco was low bidder for the contract when bids were submitted by prequalified local contractors last September. The project consists of two main elements, the main body of the faculty, and the c
  • Recafco takes special training college

    The local Real Estate Construction & Fabrication Company (Recafco) has been awarded the contract, worth KD 28 million ($97 million), to build the special training centre (STC) for the Public Authority for Applied Education & Training (PAAET) at its Shuwaikh campus. Construction will take 29 months. Recafco was low bidder for the contract when bids were submitted by prequalified local contractors last September. The project consists of two main elements, the main body of the faculty, and the c
  • Reef tower goes to bid

    Companies have been invited to bid by 25 February for the main construction package on the Reef office tower project at Jumeirah Lake Towers. The invited companies include: Al-Dhafir Development & Contracting; Al-Habbai Contracting; Al-Shafar General Contracting; Belhasa Engineering & Contracting; Bin Belaila; Bu Haleeba Contracting Company; Emirates Bilbadi; and Saleh Construction; all local; and Beijing-based China State Construction Engineering Corporation. The local Dutch Foundations has
  • Reef tower goes to bid

    Companies have been invited to bid by 25 February for the main construction package on the Reef office tower project at Jumeirah Lake Towers. The invited companies include: Al-Dhafir Development & Contracting; Al-Habbai Contracting; Al-Shafar General Contracting; Belhasa Engineering & Contracting; Bin Belaila; Bu Haleeba Contracting Company; Emirates Bilbadi; and Saleh Construction; all local; and Beijing-based China State Construction Engineering Corporation. The local Dutch Foundations has
  • Refinery upgrade moves forward

    The refinery upgrade programme at Bahrain Petroleum Company (Bapco) is moving ahead, with the award of an engineering, procurement and construction (EPC) contract to Sweden's Sandvik for a new sulphur handling unit. The estimated $21 million plant will have capacity of 500 tonnes a day and will be located on the east side of the existing refinery at Sitra. Completion is due in the first quarter of 2007 to coincide with commissioning of the low-sulphur diesel production (LSDP) and refinery gas
  • Regional cash bears fruit

    Growing regional investment is leading to the significant expansion of the Sudanese banking sector. Banks are expanding their branch networks across the country and looking beyond its borders. The latest entrant, Emirates & Sudan Bank (ESB), will start operations in late February. ESB already plans to expand within Africa and is looking at retail banking opportunities in Algeria. An initial public offering (IPO) of shares last May raised the bank's capital to $115 million. The IPO followed a
  • Reliance mulls Ras Issa stake

    India's Reliance Industries (RIL) is due to take a final investment decision by the end of February on the acquisition of an equity stake in the project to build an estimated $450 million grassroots refinery at Ras Issa on the Red Sea. 'We have been offered 30-40 per cent, but this may go up,' RIL's president of international operations, Atul Chanpra, told MEED in early February. 'The capacity of the refinery is also under review.' Initial plans called for a facility with capacity of 60,000 b
  • Rentals: Affording a home

    Under-regulation, rising oil and freight prices, landlords' reluctance to think long term and tenants' unrealistic expectations have all combined to make Gulf rental markets a challenge for anyone looking for affordable living and office accommodation. And rentals will remain a sellers' market until the significant levels of new property promised by GCC developers and governments become a reality. In many cases these are at least a year off.
  • Republic opens up to tourists

    Foreign tourists of all nationalities excluding Israel will now be able to acquire 15-day tourist visas on arrival, the government has announced. Visitors will also be able to extend their stay by an additional two weeks on approval from the Interior Ministry. Until now, procedures to gain entry into the Islamic republic have been lengthy, expensive and often complicated. Although the country possesses a rich history and stunning natural scenery, it has struggled to attract tourists due to it
  • Republic opens up to tourists

    Foreign tourists of all nationalities excluding Israel will now be able to acquire 15-day tourist visas on arrival, the government has announced. Visitors will also be able to extend their stay by an additional two weeks on approval from the Interior Ministry. Until now, procedures to gain entry into the Islamic republic have been lengthy, expensive and often complicated. Although the country possesses a rich history and stunning natural scenery, it has struggled to attract tourists due to it
  • Revenues, spending set to rise again

    The government has presented the budget for the 2006/07 financial year beginning in April, projecting a $5,900 million deficit. However, the budget has forecast a deficit for the past six years while recording considerable surpluses.
  • Revised bids invited for pumping stations

    Revised bids have been invited by 28 February for the contract to build new pumping stations at Hidd, Salmabad and Buqawah and modify several existing pumping stations. The contract is being repriced to take account of a slightly revised scope of works, after the original bids came in above budget. Kuwait's Mushrif Trading & Contracting Company was low bidder at BD 24.6 million ($64.7 million) for the work, followed by the local Ahmed Mansour al-A'Ali. The client is the Electricity & Water Minis
  • RFP issued for third GSM

    The National Telecommunication Regulatory Authority (NTRA) has issued the request for proposals (RFP) for the country's third mobile licence. Consortiums of national and international companies have been invited to respond by 17 April (see Tenders). A question-and-answer session for prospective bidders is due to be held in Cairo on 8 March. Foreign operators expected to show interest in the licence include Bahrain Telecommunications Company (Batelco), MTC and Wataniya Telecom, both of Kuwait
  • RFP issued for waste privatisation

    The request for proposals (RFP) has been issued for the project to outsource to the private sector the operation and maintenance (O&M) of Abu Dhabi's municipal and solid waste treatment and disposal. The estimated AED 500 million ($136 million) project, for which proposals are due in April, will be the latest in a growing list of public services in the emirate to be outsourced to the private sector. The programme is being overseen by a government committee made up of Abu Dhabi Municipalities
  • Rice begins regional tour

    US Secretary of State Condoleezza Rice on 21 February arrived in Cairo on the first stop of her five-day regional tour, which will also include visits to Saudi Arabia and the UAE. It is expected that Rice will urge these countries to increase practical support for a stable Iraq, to maintain pressure on Tehran over its atomic programme and to clamp down on domestic militant groups that support Iran. Rice is also expected to call for Arab states to withhold their support for
  • Rice shows shift in US policy towards Iran

    US Secretary of State Condoleezza Rice said on 16 February that the White House will seek new funds which will be directed at putting pressure on Tehran. Rice asked Congress for $75 million, intended to increase television and radio broadcasts against the regime and fund dissident groups. 'The US will actively confront the policies of this Iranian regime, and at the same time we are going to work to support the aspirations of the Iranian people for freedom in their own country,' Rice told a
  • Ring road tender invited

    The Public Works Authority (Ashghal) has invited contractors to bid by 7 March for the contract to build the Doha expressway D ring roads interchange. The project is part of Ashghal's multi-billion-dollar roads upgrade programme (MEED 3:2:05, Tenders). The German/UAE joint venture of Bilfinger & Berger and Al-Hamed Development & Construction in December was selected to carry out the 22 February interchange contract, worth QR 1,000 million ($274 million). The Doha expressway project covers a tota
  • Ring road tender invited

    The Public Works Authority (Ashghal) has invited contractors to bid by 7 March for the contract to build the Doha expressway D ring roads interchange. The project is part of Ashghal's multi-billion-dollar roads upgrade programme (MEED 3:2:05, Tenders). The German/UAE joint venture of Bilfinger & Berger and Al-Hamed Development & Construction in December was selected to carry out the 22 February interchange contract, worth QR 1,000 million ($274 million). The Doha expressway project covers a tota
  • Rumsfeld visits Algiers

    US Defence Secretary Donald Rumsfeld visited Algiers on 12 February during a three-day tour of Tunisia, Algeria and Morocco. During the trip, Rumsfeld met President Bouteflika, who in 2001 became the first Algerian leader to visit the White House. Rumsfeld's visit was designed to boost defence ties between the countries and to lend support to Algeria's attempts to crack down on local extremism. 'We look forward to strengthening our military-to-military relations and our co-operation on c
  • Sabic profits surge again

    Saudi Basic Industries Corporation (Sabic) has posted a 35.2 per cent increase in full-year net profit for 2005 to SR 19,200 million ($5,120 million). Vice-chairman and chief executive officer Mohamed al-Mady attributed the increase to a rise in prices for major products, a 9 per cent increase in capacity to 46.7 million tonnes and a 9 per cent climb in volume sales to 36.6 million tonnes. However, profits during the fourth quarter fell by 6 per cent to SR 4,500 million ($1,200 million), which w
  • Sabic to join Kayan project

    Saudi Basic Industries Corporation (Sabic) has signed a memorandum of understanding (MoU) with the local Kayan Petrochemicals Company to partner it on its planned Jubail olefins complex.
  • Saddam predicted US terror attack

    US television station ABC on 15 February broadcast audio tapes of Iraqi cabinet discussions led by former president Saddam Hussein. They showed that Saddam predicted in the mid-1990s that the US would become a victim of a terror attack. However, in the comments made to his cabinet, Saddam said that any such attack would not come from Iraq. 'Terrorism is coming. I told the Americans and told the British as well that in the future there will be terrorism with weapons of mass destruction,'
  • Saddam returns to court in farcical style

    Former Iraqi president Saddam Hussein appeared in court on 13 February, despite earlier reports he would boycott the trial. However, Saddam claimed he had been forcibly brought to the trial, shouted protests and lambasted the judge, who he had earlier called for to be removed for an alleged bias. 'Down with the traitor, down with the traitors, down with Bush. Long live the Ummah,' Saddam shouted in court. 'This is not a court, this is a game. Exercise your right to try me in absentia. Ar
  • Saddam says he is on hunger strike

    Former Iraqi president Saddam Hussein on 14 February said that he and the co-defendants in his trial are on a hunger strike. 'We have been on a hunger strike for three days,' Saddam told the court. The session began with Saddam once more denouncing the court as a puppet of Washington and shouting 'long live the Arab nation'. The previous day, Judge Rahman adjourned the trail for one day after one of the defendants grappled with court guards, other co-defendants, including Saddam, had ref
  • Safwan takes KOC EPF contract

    The local Safwan Petroleum Technologies Company (Spetco) was awarded in mid-February the KD 69.3 million ($239 million) five-year build-operate (BO) early production facilities (EPF) contract. Spetco was low bidder for the project when bids were submitted last November. The client is state upstream operator Kuwait Oil Company (KOC - MEED 11:11:05).
  • Saraya, Arab Bank establish $250m fund

    Arab Bank and Dubai-based Saraya Holdings have established the Saraya Real Estate Middle East & North Africa (MENA) Fund. The fund will have a target size of $250 million and units will be offered in $100,000 batches. Saraya and Arab Bank have already committed $25 million each to the fund. Atlas Investment Group, the investment banking arm of Arab Bank, will act as investment manager; Saraya Real Estate Development Group, which has offices in Amman and Dubai, will be the property adviser. The f
  • Saudi Arabia turns back Egyptian ferry

    Saudi Arabian maritime authorities in the port of Duba refused on 7 February to permit passengers to board a ferry which had been judged to be unsafe. 'The ferry arrived in Duba at around midnight on Monday. We made our checks and found it was in a bad state. It was old,' a port official in Jeddah told Reuters. The Al-Salam 94 ferry returned to Suez with no passengers. The move follows the sinking of the Al-Salam 98 ferry, which is expected to have left more than 900 people dead (
  • Saudi oil installation attacked

    Security staff on 24 February prevented an attack on Saudi Arabia's Abqaiq oil processing facility. Three cars packed with explosives attempted to ram through barriers, but exploded when they were shot at by security guards, according to media reports. 'Three cars rammed the first of the three sets of security gates protecting Abqaiq and when security shot as them all three cars exploded,' Saudi security advisor Nawaf Obeid said. 'The attack was stopped at the first security cordon. The car
  • Saudi Sun shut down

    A newspaper aimed at Saudi youth was closed by authorities on 20 February after publishing some of the cartoons depicting the Prophet Mohammed. Al-Shams has been suspended after it printed the cartoons next to columns calling on Saudis to take action against Denmark, where the cartoons were first published. The media and culture ministry launched an investigation into the publication and subsequently revoked its licence to print. The paper was only two months old. Published in a tabloid for
  • Saudi Tabreed to cool the kingdom

    UAE-based National Central Cooling Company (Tabreed) with the local ACWA Power, a subsidiary of the local A Abunayyan Group ACWA Power, and RUSD Bank have launched a new district cooling company for the kingdom called Saudi Tabreed.
  • Saudi Tabreed to cool the kingdom

    UAE-based National Central Cooling Company (Tabreed) with the local ACWA Power, a subsidiary of the local A Abunayyan Group ACWA Power, and RUSD Bank have launched a new district cooling company for the kingdom called Saudi Tabreed.
  • SAUDI TELECOM: Connecting the kingdom

    When Saudi Telecom held an event to celebrate its 11 millionth mobile subscriber on 23 January, few expected the turnout would be so great that the doors to the show would have to be closed to prevent overcrowding. But such, it would seem, is Saudi Telecom's success these days, that everyone wants a piece of the action.
  • Saudi, Kuwaiti banks upgraded

    International rating agency Standard & Poor's (S&P) has raised the counterparty credit ratings of seven Kuwaiti and Saudi banks. S&P said the changes were prompted by a greater weighting in the rating of likely government support in the case of the banks facing difficulties.
  • SCOP homes in on refineries

    State Company for Oil Projects (SCOP), the engineering arm of the Oil Ministry, has invited bidders to submit final offers by the end of February for the contract to build a grassroots refinery in the Koya area, some 60 kilometres northeast of Kirkuk. The project is moving ahead after the ministry came to an agreement with the US' UOP to license technology for the refinery (MEED 21:10:05). SCOP has already received initial offers from at least five companies for the 70,000-barrel-a-day (b/d)
  • SCOP sees end to Kormor gas deal

    The local State Company for Oil Projects (SCOP) is expected to make an award by mid-February for the engineering and procurement (EP) contract to build gas gathering and processing facilities at the Kormor field in the north. 'We have made our selection and are now waiting for approval from the government,' a source at SCOP told MEED on 25 January. The move follows technical clarification meetings with bidders in Jordan at the end of September. Ten local and international companies submitted bid
  • Searching for funds

    A delegation of Sudanese government and state ministers arrived in Dubai on 13 February on the first stop of an international tour to encourage private investment in the country. 'We're conducting a series of investment promotion activities, in particular with countries which already have good relations with Sudan,' State Minister of Investment Elsimaih Elsideeq Alnur told the Sudan Development Programme Summit. Alnur proposed Sudanese and Saudi Arabian investors form a $10 million investment
  • Security Council states agree on Iran referral

    The five permanent members of the UN Security Council and Germany agreed on 30 January that the International Atomic Energy Agency (IAEA) should report Iran to the Security Council over its nuclear programme. The move came after foreign affairs ministers from the six countries met in London to agree a common position ahead of an IAEA meeting on 2 February. However, there will be no action until March, when the ministers will receive a formal IAEA report on the issue. The a
  • Selection nears for Mukhalla cement plant

    A selection is imminent for the main equipment supply contract on the estimated $260 million grassroots cement plant planned by Arab Yemen Cement Company (AYCC) at Mukhalla in Hadramout governorate. The award of the contract will be followed shortly after by the selection of a company for the captive power plant to serve the facility. India's Holtec is the consultant (MEED 24:6:05).The five bidders for the main contract are CNBM and Sinoma International, both of China, KHD Humboldt Wedag
  • Sembcorp ranked first for Fujairah IWPP

    Singapore's Sembcorp has been ranked the number one bidder for the Fujairah independent water and power project (IWPP). The ranking, which sees Belgium's Suez Tractebel in second place, paves the way for Sembcorp to start negotiations with Abu Dhabi Water & Electricity Authority (ADWEA) for the brownfield IWPP. Sembcorp was the highest bidder, at $1,343 million, for the IWPP when proposals were submitted by developers in mid-November. It was followed by Suez Tractebel at $1,338 million. The o
  • Severn Trent, locals to advise NGWA

    A team of the UK's Severn Trent Water International and the local Consulting Engineering Centre (Sajdi & Partners) has been awarded the contract to provide consultancy services to the Northern Governorate Water Authority (NGWA). The consultants will work with NGWA on the operation and maintenance of water and wastewater facilities in Ajloun, Irbid, Jerash and Mafraq in the northern region for three years, at the end of which NGWA is scheduled for privatisation. Deutsche Gesellschaft fur Techi
  • Shamil breaks into China

    Shamil Bank, in joint venture with China's CITIC International Assets Management (CIAM), has launched a $100 million sharia-compliant fund to invest in real estate in China. The Xuan Huang China Realty Investment Fund will finance residential and commercial real estate development in five major cities. Due diligence is already under way on a housing project southeast of Beijing near the coast.
  • Shares up for grabs in Al-Salam subsidiary

    Al-Salam Bank Bahrain, the local subsidiary of Sudan's Al-Salam Bank, will launch an initial public offering (IPO) of 35 per cent of its shares on the Bahrain Stock Exchange on 5 February. Subscription to the IPO, which will raise the bank's capital to BD 120 million ($318.6 million), will be open to investors of any nationality until 19 February. Bahrain-based Securities & Investment Company (SICO) is lead manager for the IPO and shares will be priced at BD 1 ($2.60) each with a BD 0.05 ($0.13)
  • Shark rides the Wave

    Greg Norman Golf Course Design (GNGCD) has been appointed to design the 18-hole golf course planned as part of the $1,000 million Wave resort, off the coast of Muscat. Contracting is also moving forward on other elements of the resort.
  • Shark rides the Wave

    Greg Norman Golf Course Design (GNGCD) has been appointed to design the 18-hole golf course planned as part of the $1,000 million Wave resort, off the coast of Muscat. Contracting is also moving forward on other elements of the resort.
  • Sharon son jailed for corruption

    Omri Sharon, the son of incapacitated Israeli Prime Minister Ariel Sharon, was jailed for nine months on 14 February after pleading guilty to illegal fundraising. He was also fined $64,000. In November, Sharon admitted perjury and falsifying documents relating to his father's Likud leadership bid in 1999. Sharon had already resigned his Knesset seat in January. His imprisonment is due to begin July, after the court ruled a six-month delay due to Ariel Sharon's ill health. 'This is a swamp o
  • Shaw gets YanSab HDPE

    Saudi Basic Industries Corporation (Sabic) on 8 February announced that it had issued a letter of intent to US-based Shaw International for the contract to build the 400,000-tonne-a-year (t/y) high-density polyethylene (HDPE) plant for its affiliate Yanbu National Petrochemicals Company (YanSab). At least five international contractors had been prequalified for the estimated $400 million engineering, procurement and construction (EPC) contract. The scheme's front-end engineering and design (FEED
  • Shaw takes styrene package

    US-based Shaw International is understood to have been awarded the contract to build the styrene monomer plant at the Olefins II petrochemical complex in Shuaiba. Construction will take about two years. The client is The Kuwait Styrene Company (TKSC).
  • Shia shrine damaged in blast

    A bomb attack in Samarra, 90 kilometres north of Baghdad, on 22 February seriously damaged one of the holiest shrines in Shia Islam. Two armed men fought their way into the Al-Askari shrine and detonated the bomb inside. The early morning blast destroyed the top of the building's golden dome. There were no reported injuries from the bomb, but a crowd of 2,000 angry Shia worshippers gathered outside and chanted for revenge against the bombers. Pilgrims from all over the world travel to the s
  • Shuaibah conveyors move on

    The Royal Court in late January gave final approval for the giant western water transmission system project, paving the way for the two long-awaited contracts to be awarded. The client is Saline Water Conversion Corporation (SWCC - MEED 20:1:06).
  • Siniora critical of arms in-flow

    Lebanese Prime Minster Fouad Siniora on 16 February said that arms were being trafficked into Lebanon from Syria. His comments followed a UN request that Beirut explain reports that large quantities of arms were being brought into the country for Hezbollah. 'There may be some infiltration of arms and personnel into Lebanon. This is something that is unacceptable,' Siniora said. However, he did not criticise Hezbollah or elaborate on claims made by Druze leader Walid Jumblatt that arms which
  • Sisco plans Jeddah port expansion

    Saudi Trade & Export Development Company (Tusdeer), a subsidiary of Saudi Industrial Services Company (Sisco), has been awarded a licence to build a new berth at Jeddah Islamic Seaport. Tusdeer already has a build-operate-transfer (BOT) agreement with the Saudi Ports Authority (SPA) to reclaim, develop and operate nearly 1 million square metres of land in the port's free zone area. The proposed berth will see about 1.5 million, 20-foot equivalent units (TEUs) of capacity added to the port and
  • Sisco plans Jeddah port expansion

    Saudi Trade & Export Development Company (Tusdeer), a subsidiary of Saudi Industrial Services Company (Sisco), has been awarded a licence to build a new berth at Jeddah Islamic Seaport. Tusdeer already has a build-operate-transfer (BOT) agreement with the Saudi Ports Authority (SPA) to reclaim, develop and operate nearly 1 million square metres of land in the port's free zone area. The proposed berth will see about 1.5 million, 20-foot equivalent units (TEUs) of capacity added to the port and
  • Six drop in for RAF B2

    A six-strong group of mandated lead arrangers (MLAs) has been appointed on the 25-year financing of the Ras Abu Fontas (RAF) B2 project. HSBC is acting as financial adviser to the client, Qatar Electricity & Water Company (QEWC - MEED 13:1:06).
  • SME venture capital flows to the kingdom

    Venture Capital Bank (VCBank), US-based private investment group Global Emerging Markets (GEM) and the Saudi Arabian General Investment Authority (SAGIA) have signed a memorandum of understanding (MoU) to establish a $100 million sharia-compliant venture capital company. The company will invest in small and medium-sized enterprises (SMEs) in Saudi Arabia. VCBank will promote and advise the fund, in which it will hold a stake alongside investors in Saudi Arabia and institutions and high net-wo
  • Smelter debt RFP issued

    ks have been invited to respond by 21 October to the request for proposals (RFP) on the debt package for the Sohar aluminium smelter. Bidders have been requested to underwrite at least 50 per cent of the $1,500 million financing. Citigroupis acting as financial adviser (MEED 25:2:05).
  • Smelter subcontracting accelerates

    The UK/local Carillion Alawi has started mobilising on the estimated RO 4 million ($10.3 million) earthworks package for the Sohar Aluminium Company (SAC) smelter. Contractors have also been approached about participating in the tender for the civil works package, including power, desalination and sewage treatment facilities, worth an estimated RO 10 million-15 million ($25.6 million-38.5 million). The US' Bechtel, which has the engineering, procurement and construction management (EPCM) cont
  • SOC shortlists three for gas pipelines2

    State-owned Sirte Oil Company (SOC) has invited three groups of companies to submit revised commercial offers by 10 March for two engineering, procurement and construction (EPC) contracts on the Melitah-Tripoli and Khoms-Tripoli gas pipeline projects. The invitation followed the completion of technical clarifications in early February. The groups are: Athens-based Joannou & Paraskevaides (J&P - Overseas), with Bonatti of Italy; India's Punj Lloyd; and Germany's MAN Ferrostaal, with China Nationa
  • Standards: Quality control

    Confidence is the key to business success - and real estate is no exception. It is particularly important in the Gulf, where developers used marketing campaigns based on their strong reputations to sell large volumes of property off-plan before construction has even started. With many of these projects now coming on stream, the danger is that trust could be lost.
  • Straw calls for progress

    UK Foreign Secretary Jack Straw flew to Baghdad on 21 February to meet senior Iraqi politicians, including the president and prime minister. The meetings will involve talks over the slow progress in the formation of a government. Straw is expected to call on the Iraqi politicians to try to move beyond sectarian concerns in order to create a government of true national unity. Straw is also likely to warn politicians that aid from the UK could be cut if the government includes politicians
  • Strong results keep coming

    Six more Gulf banks have released their results for 2005. Although the latest results were not as spectacular as some of the earlier ones announced, they still underlined the buoyancy of the sector. Gulf International Bank (GIB) reported an increase in net profits of 35 per cent in 2005 to $203 million. Total assets reached $22,856 million at the end of 2005, a $3,600 million increase on the previous year. GIB also saw a significant increase in lending, particularly in structured and project
  • Subiya all set for major City of Silk project

    Plans are gathering pace both in the Emiri Diwan and among local private sector real estate developers for the largest construction project seen to date in the region. Called Madinat Hareer (City of Silk), the ambitious mega city project has an estimated overall value of KD 50,000 million ($172,000 million) and will have as its central element a mixed-use tower with a height in excess of 1,000 metres. A source close to the project confirms that the development, revealed by the UK press in Jan
  • Subiya all set for major City of Silk project

    Plans are gathering pace both in the Emiri Diwan and among local private sector real estate developers for the largest construction project seen to date in the region. Called Madinat Hareer (City of Silk), the ambitious mega city project has an estimated overall value of KD 50,000 million ($172,000 million) and will have as its central element a mixed-use tower with a height in excess of 1,000 metres. A source close to the project confirms that the development, revealed by the UK press in Jan
  • Sunnis threaten civil disobedience

    The biggest Sunni political group in Iraq threatened on 2 February to begin a campaign of civil disobedience in protest at perceived government inaction over attacks on Sunnis. The Iraqi Accord Front (IAF), which holds 44 of Iraq's 275 parliamentary seats, called for release of all Iraqi detainees, the resignation of Interior Minister Bayan Jabor and dissolution of Iraq's militias. The group made its demands as negotiations between Shia and Kurdish parties over forming a governing coalition
  • Syndications hit market

    Several corporate and project syndications are in or approaching the market following an extended hiatus since the start of the year. Arab Banking Corporation (ABC) has been appointed sole mandated lead arranger (MLA) on a $50 million borrowing for Kuwait-based International Finance Company. The four-year amortising facility carries a margin of 20 basis points (bp) over Libor. Syndication is due to be launched imminently. A club of three banks - ABC, Arab Petroleum Investments Corporation (Ap
  • SYRIA

    Supply of information technology (IT) and office equipment for a health sector modernisation programme. The scope of works comprises the delivery, installation, cabling of premises, including all related civil works and labour, putting into operation, maintenance and training of computer, office equipment and vehicles.
  • SYRIA

    Supply of information technology (IT) and office equipment for a health sector modernisation programme. The scope of works comprises the delivery, installation, cabling of premises, including all related civil works and labour, putting into operation, maintenance and training of computer, office equipment and vehicles.
  • SYRIA

    Supply of information technology (IT) and office equipment for a health sector modernisation programme. The scope of works comprises the delivery, installation, cabling of premises, including all related civil works and labour, putting into operation, maintenance and training of computer, office equipment and vehicles.
  • Syria dumps dollar

    Damascus stopped trading its foreign exchange in US dollars on 14 February and switched to euros. Syrian Prime Minister Naji al-Otari ordered public sector firms to use the euro to pay for foreign goods and services. 'The switch is important and necessary in light of the current US threats against Syria, and the ensuing complications in banking procedures and transfer operations to Syria from US and European banks,' said Dureid Dergham, the head of Commercial Bank of Syria. Washington impos
  • Syria reshuffles cabinet

    Foreign Affairs Minister Farouq al-Sharaa was named Syria's new vice-president on 11 February in a cabinet reshuffle. Al-Sharaa, who has been foreign minister since 1984, was replaced by his deputy Walid Muallem. The move comes as exiled former vice-president Abdul Halim Khaddam, who resigned in 2005, faces accusations of treachery after accusing President Asad of involvement in the assassination of former Lebanese prime minister Rafiq Hariri. Bassam Abdul Majeed was appointed as interior m
  • Syria: On the cusp of a construction boom

    Damascus is on the cusp of a boom in real estate and tourism construction projects, thanks to serious funding from Gulf investors.
  • Syria: On the cusp of a construction boom

    Damascus is on the cusp of a boom in real estate and tourism construction projects, thanks to serious funding from Gulf investors.
  • Tabreed to issue second sukuk

    Banks have been asked to respond by the end of January to the request for proposals (RFP) for the mandate to arrange a $200 million sukuk issue for National Central Cooling Company (Tabreed). The tenor is left open. The issue will be the second by Tabreed, which launched its debut $100 million sukuk in early 2004, arranged by The National Investor and Credit Suisse First Boston (MEED 5:3:04).
  • Tall buildings: Overcoming hot air and wind

    Tall tower design is a highly specialist branch of structural engineering, particularly in the Gulf, where heat and high winds provide extra challenges to engineers.
  • Tall buildings: Overcoming hot air and wind

    Tall tower design is a highly specialist branch of structural engineering, particularly in the Gulf, where heat and high winds provide extra challenges to engineers.
  • Tameer formed to target real estate market

    The local Tameer, formerly known as Andalucia Resorts & Real Estate Development, announced on 19 February the planned launch of a JD 53 million ($75 million) public placement in Amman. The placement will start on 28 February and end on 13 March at the Amman Stock Exchange. Tameer is offering 53 million shares at JD 1 ($1.42) in the company. Jordan Kuwait Bank is the lead manager. The transaction will raise Tameer's capital to JD 212 million ($301 million), of which 75 per cent is already held
  • Tameer moves on Al-Salam

    Sharjah-based Tameer Holding has issued tenders for its estimated $8,200 million Al-Salam City (Peace City) development in Umm al-Qaiwain. Construction is expected to begin by the end of the year (UAQ - MEED 15:7:05).
  • Tameer moves on Al-Salam

    Sharjah-based Tameer Holding has issued tenders for its estimated $8,200 million Al-Salam City (Peace City) development in Umm al-Qaiwain. Construction is expected to begin by the end of the year (UAQ - MEED 15:7:05).
  • Tameer plans $300m residential city

    Sharjah-based Tameer Holding has signed an agreement with the local Housing & Urban Development Corporation (HUDC) to develop an estimated $300 million residential city between Zarqa and Mafraq. To be built over an estimated 500,000 square metres, the new city will involve the construction of 7,000 residences. The project will be split into phases. Phase 1 will see the construction of 2,000 four-storey houses over an 185,000-square-metre plot of land. The second phase will involve the constru
  • Tameer plans $300m residential city

    Sharjah-based Tameer Holding has signed an agreement with the local Housing & Urban Development Corporation (HUDC) to develop an estimated $300 million residential city between Zarqa and Mafraq. To be built over an estimated 500,000 square metres, the new city will involve the construction of 7,000 residences. The project will be split into phases. Phase 1 will see the construction of 2,000 four-storey houses over an 185,000-square-metre plot of land. The second phase will involve the constru
  • Tamweel turns to IPO

    The UAE's first initial public offering (IPO) in five months will be launched by Islamic home finance company Tamweel on 27 February. The AED 550 million ($149.7 million) IPO, for which The National Investor is the lead manager, ends a pause in IPO activity. Shares in the Dubai-based company will be listed on the Dubai Financial Market (DFM).
  • Tangier Free Zone: Tangible benefits

    The benefits offered by the Tangier free trade zone are expected to be an added incentive for international trade and foreign direct investment.
  • Tangmed: Morocco's largest deepwater cargo port

    Morocco is developing one of the largest deepwater cargo ports in the Mediterranean. But its undoubted commercial value is not the only benefit it will bring.
  • Tangmed: Morocco's largest deepwater cargo port

    Morocco is developing one of the largest deepwater cargo ports in the Mediterranean. But its undoubted commercial value is not the only benefit it will bring.
  • Tasnee lets subcontracts

    The US' Chicago Bridge & Iron (CB&I) has been awarded the estimated $30 million storage tanks subcontract by the German/South Korean consortium of Linde and Samsung Engineering Company on the 1.2 million-tonne-a-year ethane/propane cracker planned at Jubail by the local Tasnee Petrochemicals. The local Nasser al-Hajri Corporation has been awarded the estimated $89 million mechanical, electrical and instrumentation (MEI) and civils package. The Linde/Samsung team is carrying out the technology-pl
  • TAV clinches marina high-rise

    TAV Gulf, part of Turkey's TAV, has been awarded the estimated $100 million contract to build the Sulafa tower in Dubai Marina. The award, the largest so far won by TAV in the Gulf, involves the construction of a 270-metre-high residential tower with a built-up area of 130,000 square metres. The tower will comprise four basements and a ground floor plus 75 storeys and take three years. The consultant is the local National Engineering Bureau (NEB); the client is a private investor.
  • TAV clinches marina high-rise

    TAV Gulf, part of Turkey's TAV, has been awarded the estimated $100 million contract to build the Sulafa tower in Dubai Marina. The award, the largest so far won by TAV in the Gulf, involves the construction of a 270-metre-high residential tower with a built-up area of 130,000 square metres. The tower will comprise four basements and a ground floor plus 75 storeys and take three years. The consultant is the local National Engineering Bureau (NEB); the client is a private investor.
  • Technip closes in on AMOC work

    Paris-based Technip is understood to be the frontrunner for the contract to carry out a feasibility study on maximising production at Egypt's smallest refinery for Alexandria Mineral Oils Company (AMOC). The contract for the seven-month study is expected to be signed in February, with work scheduled to start in March. Three other companies submitted offers for the contract in late September: Austria's Poerner Ingenieurgesellschaft; US-based Foster Wheeler; and the US' UOP. The tender to carry ou
  • Tecom takes stake in new operator

    Dubai Technology, e-Commerce & Free Zone Authority (Tecom), a subsidiary of Dubai Holding, has finally confirmed it is a major stakeholder in the federation's new telecommunications operator. The announcement had been awaited since the Telecommunications Regulatory Authority (TRA) said it had awarded a second licence to an operator late last year (MEED 16:12:05). The new firm, Emirates Company for Integrated Telecommunications (ECIT), is 50 per cent owned by the federal government, with Abu D
  • Tehran Metro seeks major rolling stock PQs

    Tehran Urban & Suburban Railway Company (TUSRC) has invited prequalification for rolling stock contracts with a combined value of more than $470 million. The new trains will operate on lines 1 and 2 of the metro, which are being expanded, and on line 5 between Tehran and Karaj. Negotiations on lines 3 and 4 are still stalled (MEED 2:12:05).
  • Tehran resumes atomic work

    Tehran confirmed on 14 February that it had resumed work on uranium enrichment. Iran's Majlis (parliament) voted in November to restart the process of making atomic fuel should the International Atomic Energy Agency (IAEA) refer Tehran to the UN Security Council, which it did earlier in February. However, nuclear officials did not make clear whether the process of feeding uranium hexafluoride gas into centrifuges, essential for the enrichment process, had begun. IAEA inspectors are due on 1
  • Tender due for Khurais

    Saudi Aramco plans to issue by late March the tender covering the Khurais temporary and permanent residential facility. It will house 1,600 people and is estimated to be worth $150 million. At least seven local companies are understood to have been prequalified, including: Contracting & Construction Enterprises (CCE); Nesma & Partners Contracting Company; Al-Osais Group; Saudi Catering Company; Tamimi Construction; Saudi Oger; and Al-Suwaiket Trading & Contracting Company. Project completion is
  • Tender due for Khurais

    Saudi Aramco plans to issue by late March the tender covering the Khurais temporary and permanent residential facility. It will house 1,600 people and is estimated to be worth $150 million. At least seven local companies are understood to have been prequalified, including: Contracting & Construction Enterprises (CCE); Nesma & Partners Contracting Company; Al-Osais Group; Saudi Catering Company; Tamimi Construction; Saudi Oger; and Al-Suwaiket Trading & Contracting Company. Project completion is
  • Tender due for Sohar support

    imminently for the contract to provide project management for all the support services on the olefins complex to be built at Sohar by Oman Petrochemical Industries Company (OPIC). The contract is part of the early works programme planned for the project, representing a significant departure in tendering strategy. OPIC is understood to have sought unit rates from engineering, procurement and construction (EPC) contractors for certain packages.
  • Tender out for CMA-CGM offices

    Bids are due by 1 March for the estimated $15 million project to build the local offices of French shipping company CMA-CGM near the capital's Houari Boumediene airport. The 18-month contract, on which work is due to start in April, calls for the construction of a 13-storey building with an additional four basement storeys for parking and a total built-up area of 30,000 square metres. The tender follows the completion of design work by the local office of Lebanon's Khatib & Alami, which will
  • Tender out for CMA-CGM offices

    Bids are due by 1 March for the estimated $15 million project to build the local offices of French shipping company CMA-CGM near the capital's Houari Boumediene airport. The 18-month contract, on which work is due to start in April, calls for the construction of a 13-storey building with an additional four basement storeys for parking and a total built-up area of 30,000 square metres. The tender follows the completion of design work by the local office of Lebanon's Khatib & Alami, which will
  • Tender out for Hout

    Al-Khafji Joint Operations (KJO) has invited bids by 1 May for the second major onshore package on the Hout field expansion facilities project, part of the programme to expand production in the Divided Zone (DZ). The estimated $400 million engineering, procurement, installation and commissioning (EPIC) contract covers a 75,000-barrel-a-day gas-oil separation plant (GOSP) and a 125 million-cubic-feet-a-day gas processing plant. Prospective bidders include South Korea's Hyundai Engineering & Co
  • Tenders for DIFC towers out by mid-February

    The local Dutch Foundations has started work on the main piling package on the twin tower mixed-use development in Dubai International Finance Centre (DIFC) being developed by local developer Al-Fattan Properties. Tenders for the main construction package are expected to be issued in mid-February. Located next to The Gate building, the project envisages a 51-storey residential tower and a 13-storey office tower. US-based Gensler is the concept architect; South Africa's DSA Architects is the loca
  • Tenders for DIFC towers out by mid-February

    The local Dutch Foundations has started work on the main piling package on the twin tower mixed-use development in Dubai International Finance Centre (DIFC) being developed by local developer Al-Fattan Properties. Tenders for the main construction package are expected to be issued in mid-February. Located next to The Gate building, the project envisages a 51-storey residential tower and a 13-storey office tower. US-based Gensler is the concept architect; South Africa's DSA Architects is the loca
  • Tenders out for Al-Fattan project in DIFC

    Tender documents have been issued to six companies for the main construction package on the twin-tower mixed-use development in Dubai International Finance Centre (DIFC) being developed by the local Al-Fattan Properties. Located next to The Gate building, the project envisages a 51-storey residential tower and a 13-storey office tower. The local Dutch Foundations has started work on the foundations package. US-based Gensler is the concept architect; South Africa's DSA Architects is the local
  • Tenders out for Al-Fattan project in DIFC

    Tender documents have been issued to six companies for the main construction package on the twin-tower mixed-use development in Dubai International Finance Centre (DIFC) being developed by the local Al-Fattan Properties. Located next to The Gate building, the project envisages a 51-storey residential tower and a 13-storey office tower. The local Dutch Foundations has started work on the foundations package. US-based Gensler is the concept architect; South Africa's DSA Architects is the local
  • Tenders out for Hasdrubal EPC

    The UK's BG has issued tender documents for the engineering, procurement and construction (EPC) contract to develop the Hasdrubal gas field on the Amilkar permit in the Gulf of Gabes. The development of the field, on which BG made a major gas discovery in summer 2005, is expected to cost at least $500 million and will increase BG's gas production capacity by about 50 per cent (MEED 7:10:05).The EPC contract will involve the construction of a largely unmanned field development installatio
  • Tenders out for Julfar

    Companies have been invited to bid by 6 March for the main construction package on the estimated AED 400 million ($109 million) Julfar towers project in Ras al-Khaimah. Located opposite the Hilton hotel facing the creek, the development consists of two 40-storey towers, which will comprise 349 apartments and 468 offices. Both towers will be built over a three-level podium with retail and food outlets. The buildings will have approximately 1,500 car parking spaces. The local Arenco is the consult
  • Tenders out for Julfar

    Companies have been invited to bid by 6 March for the main construction package on the estimated AED 400 million ($109 million) Julfar towers project in Ras al-Khaimah. Located opposite the Hilton hotel facing the creek, the development consists of two 40-storey towers, which will comprise 349 apartments and 468 offices. Both towers will be built over a three-level podium with retail and food outlets. The buildings will have approximately 1,500 car parking spaces. The local Arenco is the consult
  • The big freeze

    The US Agency for International Development (USAID) has frozen funding for two water infrastructure projects in the Palestinian territories amid political uncertainty. Pre-solicitation papers were released in January for the small water infrastructure fast-track (SWIFT) II construction contract, but the project is now being reviewed and modifications are possible. A second project, the water sector institutional capacity building programme, had already reached the bidding stage. Although USAI
  • The EU hosts last-minute talks on Iran

    The envoys of the UK, Germany and France are expected to meet their Iranian counterpart on 30 January to discuss Iran's nuclear programme. The meeting came at Tehran's request, media reports said, and is expected to be a last-minute attempt to resolve the issue before the International Atomic Energy Agency (IAEA) holds an emergency meeting on 2 February to discuss the issue. However, a UK government spokesman said the European position remained unchanged and it was expected the EU states
  • Three shortlisted for Qipco tower

    Three groups have been shortlisted by Qatar Investments & Projects Development Holding Company (Qipco) for the main contract on its estimated $200 million office building in West Bay. The three - Austria's Alpine Bau, Belgium's Six Construct and Japan's Taisei Corporation with Lebanon's Arabian Construction Company - are preparing to submit revised bids in mid-February, after original quotes came in above budget. The 50-storey tower will have a built-up area of more than 100,000 square metres. T
  • Three shortlisted for Qipco tower

    Three groups have been shortlisted by Qatar Investments & Projects Development Holding Company (Qipco) for the main contract on its estimated $200 million office building in West Bay. The three - Austria's Alpine Bau, Belgium's Six Construct and Japan's Taisei Corporation with Lebanon's Arabian Construction Company - are preparing to submit revised bids in mid-February, after original quotes came in above budget. The 50-storey tower will have a built-up area of more than 100,000 square metres. T
  • TRA appointments imminent

    Beirut is in the final stages of appointing the board members of the long-awaited Telecommunications Regulatory Authority (TRA). The establishment of the TRA is a major step towards the planned privatisation of the country's telecoms sector.
  • Transmed expansion brought forward

    Italy's Eni has decided to accelerate the second-phase capacity expansion of the Tunisian section of the Transmed gas pipeline between Algeria and Italy by more than two years. Eni and state energy company Sonatrach originally agreed in May 2005 a capacity increase of 3,200 million cubic metres a year (cm/y) from 1 October 2008 and a further increase of 3,300 million cm/y from 1 October 2011. The second-phase expansion, which will take total capacity on the pipeline to 33,500 million cm/y, will
  • Troops add to instability, admits US general

    A senior US military official said on 6 February that the presence of 300,000 foreign troops in the Middle East had contributed to the instability in the region. Brigadier General Mark Kimmitt, a strategist at US central command, also said during his speech to the International Institute for Strategic Studies in London that the US would not maintain any long-term bases in Iraq.Kimmitt's speech outlined US plans to 'reposture' its troops in the region, with the US military
  • Tunis fleshes out refinery project

    Societe Tunisienne des Industries de Raffinage (STIR) will issue in June tenders for a 30-year concession to develop a grassroots refinery at the port of La Skhira, companies were told at an Energy Ministry job explanation meeting in Tunis at the end of January. Bids for the estimated $2,000 million project are due to be submitted by shortlisted companies by October 2006, says a project source who attended the seminar. The deadline for applications to prequalify is 31 March. A contract award
  • Tunisia

    Tender no 2005-D-3253. Supply of power cables as part of an electricity distribution development project. Financed by the African Development Bank. Bid bond is TD 15,000.
  • Tunisia

    Tender no 2005-D-3253. Supply of power cables as part of an electricity distribution development project. Financed by the African Development Bank. Bid bond is TD 15,000.
  • Tunisia

    Tender no 2005-D-3253. Supply of power cables as part of an electricity distribution development project. Financed by the African Development Bank. Bid bond is TD 15,000.
  • TUNISIA

    Expressions of interest. Provision of consultancy services comprising a study for a project to rehabilitate a DN-1,190-millimetre water pipeline from Ghedir el-Golla to Ras Tabia in Greater Tunis. Financed by the World Bank.
  • TUNISIA

    Expressions of interest. Provision of consultancy services comprising a study for a project to rehabilitate a DN-1,190-millimetre water pipeline from Ghedir el-Golla to Ras Tabia in Greater Tunis. Financed by the World Bank.
  • TUNISIA

    Expressions of interest. Provision of consultancy services comprising a study for a project to rehabilitate a DN-1,190-millimetre water pipeline from Ghedir el-Golla to Ras Tabia in Greater Tunis. Financed by the World Bank.
  • Turks wait on Youssefiyah

    Turkey's Teknotes has completed the conceptual design work for the estimated $350 million thermal power plant station located at Youssifiyah, about 15 kilometres south of Baghdad. The project will be the second power generation scheme in the area after Russia's Technopromoexport was awarded in 2003 the contract to build a 1,680-MW thermal power plant in the area (MEED 7:3:03).
  • Two chase luxury hotel

    Two companies are in the running for the contract, worth more than $100 million, to build a new five-star JW Marriott beachfront hotel in Club des Pins, 20 kilometres west of Algiers.
  • Two chase luxury hotel

    Two companies are in the running for the contract, worth more than $100 million, to build a new five-star JW Marriott beachfront hotel in Club des Pins, 20 kilometres west of Algiers.
  • Two follow on for DSC cricket stadium

    Dubai Sports City (DSC) has shortlisted two local/international joint ventures (JVs) for the main construction package on stadium S3, and has appointed consultants for its sewage treatment plant (STP) and designers for 75 villas.
  • Two follow on for DSC cricket stadium

    Dubai Sports City (DSC) has shortlisted two local/international joint ventures (JVs) for the main construction package on stadium S3, and has appointed consultants for its sewage treatment plant (STP) and designers for 75 villas.
  • Two vie for Hartha rehab

    The Ministry of Electricity (MoE) has shortlisted two companies for the engineering, procurement and construction (EPC) contract to rehabilitate units two and three at Hartha power station in the south. Technical and commercial bids were submitted by four companies at the end of 2005. The shortlisted companies are Iran's Azarab Energy and a Russian company identified as EEE. Italian and Romanian firms also submitted prices. The scope of works covers the complete rehabilitation and commissioni
  • UAE

    Tender no CE/448/2005. Supply of cubicle-type, low-voltage distribution boards and mini-distribution pillars. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CE/448/2005. Supply of cubicle-type, low-voltage distribution boards and mini-distribution pillars. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CE/448/2005. Supply of cubicle-type, low-voltage distribution boards and mini-distribution pillars. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no 411. Supply of electric house service meters and current transformers. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no 411. Supply of electric house service meters and current transformers. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no 411. Supply of electric house service meters and current transformers. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CW/415/2005. Supply of electromagnetic flow meters, chambers, flow recorders, glass-reinforced plastic (GRP) adaptors and specials for the Najma pumping station, phases 1 and 2. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CW/415/2005. Supply of electromagnetic flow meters, chambers, flow recorders, glass-reinforced plastic (GRP) adaptors and specials for the Najma pumping station, phases 1 and 2. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CW/415/2005. Supply of electromagnetic flow meters, chambers, flow recorders, glass-reinforced plastic (GRP) adaptors and specials for the Najma pumping station, phases 1 and 2. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CE/382/2005. Supply of 11-kV switchboards. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CE/382/2005. Supply of 11-kV switchboards. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CE/382/2005. Supply of 11-kV switchboards. Bid bond is 5 per cent of tender price.
  • UAE

    Prequalification. Project no JXB/PQ/001. Design and build of the following specialised facilities as part of the development of the Jebel Ali Airport City (phase 1): 1) agents' buildings; 2) fire stations; 3) a GSEM facility; and 4) a fuel staging area. Details on payment of AED 3,673 or $1,000 from Department of Civil Aviation, Director, Engineering & Projects, PO Box 54354, Dubai, telephone (9714) 2166222, fax (9714) 2200848.
  • UAE

    Prequalification. Project no JXB/PQ/001. Design and build of the following specialised facilities as part of the development of the Jebel Ali Airport City (phase 1): 1) agents' buildings; 2) fire stations; 3) a GSEM facility; and 4) a fuel staging area. Details on payment of AED 3,673 or $1,000 from Department of Civil Aviation, Director, Engineering & Projects, PO Box 54354, Dubai, telephone (9714) 2166222, fax (9714) 2200848.
  • UAE

    Prequalification. Project no JXB/PQ/001. Design and build of the following specialised facilities as part of the development of the Jebel Ali Airport City (phase 1): 1) agents' buildings; 2) fire stations; 3) a GSEM facility; and 4) a fuel staging area. Details on payment of AED 3,673 or $1,000 from Department of Civil Aviation, Director, Engineering & Projects, PO Box 54354, Dubai, telephone (9714) 2166222, fax (9714) 2200848.
  • UAE

    Tender no CNE/005/2006. Supply, installation, testing and commissioning of the 400/132-kV Gardens substation and carrying out 400-kV overhead line (OHL) works. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CNE/005/2006. Supply, installation, testing and commissioning of the 400/132-kV Gardens substation and carrying out 400-kV overhead line (OHL) works. Bid bond is 5 per cent of tender price.
  • UAE

    Tender no CNE/005/2006. Supply, installation, testing and commissioning of the 400/132-kV Gardens substation and carrying out 400-kV overhead line (OHL) works. Bid bond is 5 per cent of tender price.
  • UAE: Competition time

    Pollsters are a rare sight in Dubai. The dearth of market research is often deemed as one of its weakest points. But on a January afternoon throughout the city's main shopping malls, representatives from Emirates Telecommunications Corporation (Etisalat) were out in force. The message was clear. The operator is fully aware that competition is looming and is intent on transforming an image tarnished by its monopolistic brush. Etisalat and the second operator, Emirates Integrated Telecommunicat
  • UN investigator in Syria for talks

    Serge Brammertz, the new chief of the UN team investigating the 2005 assassination of former Lebanese prime minister Rafiq Hariri, was in Damascus on 23 February for a meeting with Syrian officials. Brammertz was understood to have discussed improving Syrian co-operation with the inquiry after Detlev Mehlis, the inquiry's former chief, criticised Damascus in December for a lack of assistance. 'Brammertz held a good meeting with Syrian officials in which old and new issues of co-operation
  • US Congress hostile to DP World acquisition

    Members of the US Congress on 21 February criticised the White House's approval of the $6,800 million sale of UK ports and ferry operator P&O to Dubai-based DP World. The sale would give DP World responsibility for running ports in New York, New Jersey, Baltimore, Philadelphia, New Orleans and Miami. Two members of Congress subsequently announced their intention to block the deal. 'In light of these critical functions being transferred from a private company based in Britain to a UAE gov
  • US forces arrest alleged death squad

    Baghdad on 16 February launched an inquiry into US allegations that its forces had captured an Interior Ministry 'death squad'. The investigation follows the arrest of 22 men the US claimed were part of a squad that had been targeting Sunnis. 'For a very long time, we have been talking about such violations, that there are squads that raid houses and arrest people who are found later executed,' said Nasser al-Ani, a spokesman for the Sunni-led Iraqi Islamic Party.The men,
  • US FTA signed

    Muscat and Washington in late January signed their free trade agreement (FTA), following the conclusion of negotiations in October (MEED 7:10:05). The deal will remove 100 per cent of duties on industrial goods and 87 per cent of taxes on agricultural products. Trade between the US and the sultanate was worth more than $1,000 million in 2005.
  • US hostage in third video message

    Jill Carroll, the US journalist kidnapped in Iraq in January, on 10 February made a third appearance in a video. The film, apparently made on 2 February, was shown on Kuwaiti television channel Al-Rai. 'I am fine. Please do whatever they want. I am with the mujahideen. I sent you a letter written by my hand, but you wanted more evidence, so we are sending you this letter now to prove it,' Carroll said, referring to a letter sent to the station.Carroll, a journalist for the
  • US Navy patrols for fugitives

    US Navy vessels were patrolling the coast of Yemen on 10 February in case 23 escaped prisoners try to flee by sea. The convicts, 13 of whom are linked to Al-Qaeda, broke out of a Sanaa jail on 3 February. 'Ships are monitoring international waters along the coast of Yemen in an attempt to either block possible maritime escape routes or capture the suspected terrorists if they make this attempt,' a US Navy statement said. The fugitives are understood to include Abu Assem al-Ahdal, the deputy
  • US senators urge more consideration on Dubai P&O takeover

    A Republican senator called on 16 February for more scrutiny of DP World's £3,900 million ($6,700 million) takeover of UK-based ports operator P&O. Richard Shelby claimed that the deal could pose a national security threat and urged the White House to re-open a regulatory review of the purchase. Separately, other politicians said 'US ports were the most vulnerable targets for terrorist attack' and claimed Dubai was a 'key transfer point' of shipments of nuclear components bound for st
  • Washington seeks zone proposals

    The Office of Private Sector Development within the US embassy's Iraq Reconstruction Management Office (IRMO) has issued request for proposals (RFP) documents to carry out detailed feasibility studies and economic analysis for the creation of business development zones throughout the country. Prospective bidders have until 2 February to respond. The 18-week contract centres on a five-part feasibility assessment. The first element will provide background information on various economic zone mo
  • Waterfront designs due

    Companies have been invited to bid by early March for the phase 1 infrastructure design package on the Dubai Waterfront project. Launched in late 2004, the project will be built on the last remaining stretch of coastline between Palm Jebel Ali and the Abu Dhabi border. The overall development comprises 10 districts covering an area of 170 square miles, almost three times the size of Washington DC. One of the project's main attractions is Al-Burj, which will be one of the world's tallest build
  • Waterfront designs due

    Companies have been invited to bid by early March for the phase 1 infrastructure design package on the Dubai Waterfront project. Launched in late 2004, the project will be built on the last remaining stretch of coastline between Palm Jebel Ali and the Abu Dhabi border. The overall development comprises 10 districts covering an area of 170 square miles, almost three times the size of Washington DC. One of the project's main attractions is Al-Burj, which will be one of the world's tallest build
  • WOMEN IN BUSINESS: Meaning business

    The election of two women to the Jeddah Chamber of Commerce & Industry (JCCI) last year provided another example of the growing prominence of women in Saudi Arabia's business sector.
  • World Bank makes inroads

    The International Development Association (IDA), the World Bank's development arm, has issued a general procurement notice for an emergency road rehabilitation programme covering the entire country. The $135 million project is divided into two parts and will primarily focus on the supply of goods, general construction and consultancy services. The first portion centres on rehabilitating highways, upgrading access roads and rebuilding river crossings across 15 central and southern governorates. T
  • World Bank makes inroads

    The International Development Association (IDA), the World Bank's development arm, has issued a general procurement notice for an emergency road rehabilitation programme covering the entire country. The $135 million project is divided into two parts and will primarily focus on the supply of goods, general construction and consultancy services. The first portion centres on rehabilitating highways, upgrading access roads and rebuilding river crossings across 15 central and southern governorates. T
  • Worley in line for Adma-Opco contract

    Australia's WorleyParsons is in line for the project management consultancy (PMC) contract on a major pipeline scheme offshore Abu Dhabi. Two other companies - the US' Foster Wheeler and JP Kenney, part of the UK's Wood Group - priced the tender in late 2005. The estimated $900 million scheme covers the replacement of all subsea crude and water pipelines, including seven large and various small pipelines,. A tender for the engineering, procurement and construction (EPC) contract is due to be iss
  • WorleyParsons booked for West Bukha FEED

    Australia's WorleyParsons has been formally awarded the contract to carry out front-end engineering and design (FEED) and detailed engineering services for an unmanned wellhead platform at the offshore West Bukha gas field off the Musandam peninsula. Prequalification for the engineering, procurement and construction (EPC) contract is due to be launched in mid-March. WorleyParsons will also provide project management consultancy (PMC) services for the EPC phase, which will take about 14 months. A
  • YEMEN

    General procurement notice. Carrying out works and provision of consultancy services as part of the second rural access programme. The works include the improvement of 200 kilometres of intermediary rural roads and 75 kilometres of village access roads using cold and hot mix asphalts, maintenance of existing asphalt roads with a total length of 950 kilometres, provision of consultancy services for the construction supervision of the road projects, and the provision of technical assistance and
  • YEMEN

    General procurement notice. Carrying out works and provision of consultancy services as part of the second rural access programme. The works include the improvement of 200 kilometres of intermediary rural roads and 75 kilometres of village access roads using cold and hot mix asphalts, maintenance of existing asphalt roads with a total length of 950 kilometres, provision of consultancy services for the construction supervision of the road projects, and the provision of technical assistance and
  • YEMEN

    General procurement notice. Carrying out works and provision of consultancy services as part of the second rural access programme. The works include the improvement of 200 kilometres of intermediary rural roads and 75 kilometres of village access roads using cold and hot mix asphalts, maintenance of existing asphalt roads with a total length of 950 kilometres, provision of consultancy services for the construction supervision of the road projects, and the provision of technical assistance and
  • YEMEN

    Tender no GIDA-1/PWP3. Supply and installation of school classroom furniture comprising 6,518 student combined seats and office equipment as part of a third public works project. Financed by the World Bank. Bid bond is $6,500.
  • YEMEN

    Tender no GIDA-1/PWP3. Supply and installation of school classroom furniture comprising 6,518 student combined seats and office equipment as part of a third public works project. Financed by the World Bank. Bid bond is $6,500.
  • YEMEN

    Tender no GIDA-1/PWP3. Supply and installation of school classroom furniture comprising 6,518 student combined seats and office equipment as part of a third public works project. Financed by the World Bank. Bid bond is $6,500.
  • Yemen charges three journalists

    Authorities in Sanaa on 15 February charged three journalists with denigrating Islam after their papers, which have since been closed, reprinted cartoons of the Prophet Mohammed. Mohammed al-Asadi, editor-in-chief of the Yemen Observer, Akram Sabra and Yehiya al-Abed, both of the weekly Al-Hurriya, were all denied bail and will be detained in jail until 22 February. The prosecution demanded the journalists, if found guilty, be jailed for a year or pay a fine of YR 10,000 ($51).
  • Yemen floods kill three

    Flash floods south of the capital Sanaa on 21 February left at least three dead and dozens of villagers trapped. The floods hit the town of Mabar and left 100 people trapped in their homes, who had to be airlifted out by rescue helicopters, according to media reports. The floods, which signal the start of Yemen's rainy season, cut off the main road to Sanaa and destroyed dozens of buildings.
  • YLNG financing on track

    Commercial banks are expected to be approached in May about joining the financing of the Yemen LNG (YLNG) project. Due diligence is being finalised by the four export credit agencies (ECAs) providing coverage - the US' Overseas Private Investment Corporation (OPIC), France's Coface, a team of Japan Bank for International Co-operation (JBIC) with Nippon Export Credit Agency (Nexi), and Export-Import Bank of Korea (Kexim). Calyon is acting as financial adviser to the ECAs, which have varying degre
  • Zaidi rebels clash with Yemeni army

    Fifteen rebels in northern Yemen were killed along with five government soldiers on 6 February during clashes in Saada province. The rebels were part of the movement led by Zaidi preacher Badr al-Deen al-Huthi and retaliated as soldiers attempted to seize control of a rebel base in the mountainous region close to Saudi Arabia. 'Violence raged for several hours between military forces and supporters of Al-Huthi,' a military official said.
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