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Latest News

Dubai launches 2021 vision Subscription

17 December 2014 | By ,

Plan Dubai 2021 outlines goals for the next seven years

Marubeni and Degremont consortium wins Doha wastewater deal

Marubeni and Degremont consortium wins Doha wastewater deal Subscription

17 December 2014 | By

Second expansion will increase capacity of Doha West plant to 280,000 cubic metres a day

Ali Rashid Lootah, chairman of Nakheel

Nakheel to award $2bn of construction contracts Subscription

17 December 2014 | By

Developer will focus on building assets that produce recurring revenues

Abraaj partially divests stake in Integrated Diagnostics Holdings

Abraaj partially divests stake in Integrated Diagnostics Holdings Subscription

17 December 2014 | By

Stake sold to emerging market investor Actis

Heathcare

Drake & Scull awarded work on healthcare project Subscription

17 December 2014 | By

Abu Dhabi healthcare project secured by engineering subsidiary

The local Engineering Contracting Company (ECC) has been awarded a $147m contract for the expansion of Dubai Properties’ Remraam development

Local firm wins contract for Dubailand work Subscription

17 December 2014 | By

Engineering Contracting Company wins deal for Remraam expansion work

Pumping station

Delays on Musaimeer Pumping Station tender Subscription

17 December 2014 | By

Qatar expected to issue main contract tender in early 2015

Power

Fewa revises utility tariffs for Northern Emirates Subscription

17 December 2014 | By

Revisions will increase cost of water by 0.5 fils per gallon

Cairo Metro

Egypt signs financing deal for Cairo metro Subscription

16 December 2014 | By

France to provide long-term loans for Cairo trains

Air separating factory

Air Liquide opens manufacturing plant in Ras al-Khaimah Subscription

16 December 2014 | By

UAE facility to produce equipment for large air separation units

Building works

Al-Jaber Energy Services wins $125m subcontract on Upper Zakum Subscription

16 December 2014 | By

UAE contractor to carry out civil works on artificial islands at Abu Dhabi offshore oil field

Aramco receives revised offers for stadium building deals

Aramco receives revised bids for stadium building deals Subscription

16 December 2014 | By

Firms submitted original prices on 26 October

The Dubai Marina location where the Marina Gate development will be constructed

Alec wins Dubai Marina Gate construction contracts Subscription

16 December 2014 | By

Alec awarded first of two contracts for Marina project

Kuwait retenders 50MW concentrated solar power plant

Kuwait retenders 50MW solar plant Subscription

16 December 2014 | By

Bids were first submitted for the project in November 2013

Libya

UN condemns escalating violence in Libya Subscription

16 December 2014 | By

The North African country sees a third day of fighting over oil terminals

Agrium blacklisted for Western Sahara activities

Agrium blacklisted for Western Sahara activities Subscription

16 December 2014 | By

Swedish government fund excludes the fertiliser company from its portfolio

Construction projects

Fitch sees the GCC playing a bigger role in Egypt projects market Subscription

16 December 2014 | By

UAE and Saudi companies expected to be heavily involved in new infrastructure schemes

Third phase of new facility for Emirates Flight Catering to be built at Dubai International airport

Habtoor Leighton in front for Emirates flight catering Subscription

16 December 2014 | By

Contract involves significant specialist work

More News

Latest Analysis

Dubai real estate unlikely to be affected by oil prices

Oil prices unlikely to affect real estate in short term Subscription

17 December 2014 | By

Dubai’s real estate market witnessing relative stability as the region prepares for the impact of falling oil prices

Oil

Impact of falling oil prices on the UAE Subscription

17 December 2014

Like Kuwait and Qatar, the UAE is well prepared to deal with a period of low oil prices. It has substantial fiscal reserves, a relatively low breakeven price, and the strongest non-oil economy in the region

oil

Impact of falling oil prices on Saudi Arabia Subscription

17 December 2014

Saudi Arabia is likely to record a deficit next year, but its sizeable reserves mean that there will be little anxiety in Riyadh

oil

Impact of falling oil prices on Qatar Subscription

17 December 2014

Qatar has made it clear it is planning to sustain a high level of spending over the course of 2015

The Wessal Bouregreg development in Rabat, in Morocco

Revamping Morocco’s biggest cities Subscription

17 December 2014 | By Dominc Dudley

Channelled through investment fund Wessal Capital, billions of dollars in Gulf money is reshaping the centre of the cities of Rabat and Sale

oil

Impact of falling oil prices on Oman Subscription

17 December 2014

With smaller oil reserves and a much higher budget breakeven oil price, Oman is more vulnerable to low crude prices than the four biggest GCC economies, but stands in a far stronger position than Bahrain

See all MEED analysis

Special Reports

Riyadh

Saudi Arabia: Riyadh must maintain spending momentum

17 December 2014

The kingdom should plough ahead with plans to invest in social infrastructure despite falling oil prices

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By

Regional producers are not about to cut oil production and the assumptions that have underpinned forecasting in recent years have to be revisited

GCC healthcare is transforming into a free market

Healthcare: The GCC is transforming into a free market

10 December 2014

More states are rolling out universal insurance, which will ensure high demand

Banking

Banking: Loan books continue steady expansion

9 December 2014

Strong economic growth and high levels of government spending are driving demand for credit across the GCC

See all special reports

The impact of falling oil

Saudi Aramco's Khurais oil field in Saudi Arabia

Why GCC producers are happy to see oil fall

17 December 2014 | By

The GCC’s oil producers will be the biggest winners from the 2014 oil price crash

More on the impact of falling oil prices

The Next Decade

 given the rising volumes of passengers travelling on the Dubai Metro, the region is beginning to establish a track record that lenders and bankers could use to predict whether project finance debts can be repaid

The Middle East in 2030

10 December 2014 | By

Take part in MEED’s survey to identify the key trends that will shape the Middle East economy in 2030

Take the MEED survey

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Gulf Projects Index

Gulf projects index

Little change as states remain cautious Subscription

11 December 2014

Governments are engaging in more strategic planning to counter the impact of falling oil prices

See previous editions of the index


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