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Latest News

Bahrain seeks interest for gas terminal Subscription

23 April 2014, 9:38 GMT | By

Liquefied natural gas terminal is expected to be in operation by 2016-17

Drake & Scull wins contract for Algeria project

23 April 2014, 9:30 GMT | By

Scope of work entails building a mixed-use development in Algiers

Taqa plans to issue bond of at least $500m Subscription

23 April 2014, 8:50 GMT | By

Issue is part of refinancing of $1.2bn bond maturing in September

Still no decision on Bapco design and project management tenders Subscription

23 April 2014, 8:45 GMT | By

Bechtel and Engineers India lowest bidders for $9bn Bahrain refinery upgrade

Qatar confirms plans to open long-delayed airport Subscription

23 April 2014, 8:43 GMT | By

Hamad International Airport to be fully open to all carriers on 27 May

Contractor mobilises for Sheikh Zayed Road interchange Subscription

23 April 2014, 8:42 GMT | By

Bridge will provide access to Meraas’ Bluewaters development

ADCB extends loan to support Abu Dhabi Fairmont hotel Subscription

23 April 2014, 7:43 GMT | By

Loan is for AED950m

Prysmian wins contract on Abu Dhabi’s Zakum field Subscription

23 April 2014, 7:39 GMT | By

Italian group to build cable links for submarine electrification project

Emaar Properties’ profit rises 55 per cent Subscription

23 April 2014, 7:36 GMT | By

Emaar Properties’ non-property business accounted for majority of revenues

Technip awarded design contract on Abu Dhabi’s Hail field Subscription

23 April 2014, 7:35 GMT | By

Delayed Japan-owned project moves forward with key contractors now in place

Arabian Cement Company expected to complete share offer in May Subscription

22 April 2014, 14:08 GMT | By

Arabian Cement Company offering is expected to raise about $109m

National Petroleum Services acquired by Gulf consortium Subscription

22 April 2014, 13:37 GMT | By

Fajr Capital-led group pays more than $500m for Dubai oil services company

GCC light vehicle sales expected to rise 3 per cent Subscription

22 April 2014, 12:59 GMT | By

Toyota remains top brand, but may lose some market share, says analyst

Qatar retenders design contract for World Cup stadium Subscription

22 April 2014, 12:56 GMT | By

Bidders sought for Lusail stadium project

Alba looks to improve efficiency of power plants

22 April 2014, 12:54 GMT | By

Aluminium producer targeting 50 per cent efficiency in its power plants

Saudi banks’ lending activity to drive profits Subscription

22 April 2014, 12:23 GMT | By

Banking sector posts strong first quarter results

GPIC close to securing gas for $1.7bn expansion

22 April 2014, 12:03 GMT | By

Bahrain-based fertiliser producer Gulf Petrochemicals Industry Company is expected to sign a feedstock contract

Al-Shafar wins contract for Abu Dhabi Marina project Subscription

22 April 2014, 11:57 GMT | By

Al-Shafar to build a hotel, serviced apartment building, and two residential blocks

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Latest Analysis

Real GDP growth in Middle East and north Africa oil-importing countries

Non-oil growth gains momentum Subscription

22 April 2014, 10:46 GMT | By

More countries in the region are making headway on economic diversification, especially in the Gulf

Strategy: Dubai is seeking to use private-public partnerships and stock market listings to raise financing

Dubai’s search for finance Subscription

17 April 2014, 15:16 GMT | By

Faced with a huge debt pile and risk-averse banks, the emirate is seeking new ways to fund its boom

March contract awards

Middle East contracts awarded: March 2014 Subscription

17 April 2014, 12:23 GMT

Over $12bn of contracts awarded in March in the Middle East

Iraq oil production forecasts

Iraq faces challenge to meet output targets Subscription

16 April 2014, 11:07 GMT | By

Analysts expect Baghdad to fall short of 2020 ambitions despite recent production surge

Ambition: Bahrain is investing to ensure its oil and gas sector remains a cornerstone of its economy

Manama’s future energy challenge Subscription

15 April 2014, 13:14 GMT | By James Gavin

The Gulf’s oldest oil producer is looking to make the most of a small endowment


The growing appetite for bonds Subscription

10 April 2014, 13:46 GMT | By

Increased corporate activity spurred by strong economic growth is helping to expand the market

See all MEED analysis

Special Reports


Qatar: Focus returns to stadium programme

16 April 2014, 10:13 GMT

It is a frustrating time for Doha


Construction: Demand grows for project managers

9 April 2014, 12:54 GMT

Complex construction schemes in the GCC has led to a rise in the use of project managers


Oman: Transport schemes to open up the economy

2 April 2014, 13:49 GMT

Oman is unique among the GCC states for its geographical beauty

See all special reports

Bahrain Energy Conference 2014


Alba looks to improve efficiency of power plants

22 April 2014, 12:54 GMT | By

Aluminium producer targeting 50 per cent efficiency in its power plants

More news from the conference

Contract Awards

Middle East contracts awarded: February 2014 Subscription

20 March 2014, 12:58 GMT

Over $17bn of contracts awarded in February in the Middle East

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Gulf Projects Index

Gulf projects index

Iraq and UAE lead Gulf index growth Subscription

17 April 2014, 11:01 GMT

Kuwait, Qatar and Iran record largest declines in value

Projects Market Tracker

Country Data

Real GDP growth (annual change as a percentage) by country. Click the country name to go to full economic data.

Country 2012 2013f 2014f


2.5 3.3 3.4


3.9 4.2 3.3
Egypt 2.2 2 3.3
Iran -1.9 -1.3 1.1
Iraq 8.4 9 8.4
Jordan 2.8 3.3 3.5
Kuwait 5.1 1.1 3.1
Lebanon 1.5 2 4
Libya 104.5 20.2 10.1
Morocco 3 4.5 4.8
Oman 5 4.2 3.5
Qatar 6.6 5.2 5
Saudi Arabia 6.8 4.4 4.2
Sudan -4.4 1.2 2.6
Syria na na na
Tunisia 3.6 4 4.5
UAE 3.9 3.1 3.6
Yemen 0.1 4.4 5.4
f=forecast; na=Not Available; Source: IMF
Last updated: June 2013