This Week's Issue of MEED Magazine
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Commentary
China prepared to take the gamble to secure future oil supplies in Iraq
The country is now the biggest foreign investor in Iraq’s oil sector
Manama needs to convince lenders on housing scheme
Bahrain must promise payments for its social housing scheme to raise private sector funding for it
Agenda
Riyadh’s race to build homes
Saudi Arabia needs more housing, but its expanding population does not have the financing to buy them
News
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Deadline extended for Saudi Arabia power and water project
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Punj Lloyd is frontrunner for Habshan nitrogen pipeline deal
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Saudi firm to complete $1bn loan deal
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Construction to start on two King Abdullah Financial District schemes
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Kuwait extends acid-gas facility deadline
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Bahrain evaluates how to support housing project
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Islamic Development Bank considers Iranian power plant
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Zain Saudi Arabia to launch $500m recapitalisation
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Technical bids in for Borouge's Ruwais infrastructure expansion
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Imco bids low for Kuwait’s Shuaiba refinery maintenance
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Iraq to invest $25bn in homes in 2010
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Aramco considers location change for Ras Tanura petrochemicals scheme
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Bids in for pipeline construction on Shah gas development in Abu Dhabi
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Abu Dhabi plans $1.5bn aluminium rolling mill
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Middle East aluminium demand on increase
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China now largest investor in Iraq oil and gas
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Jabal Omar's $1.3bn financing nears completion
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Kuwait selects advisers for Al-Zour independent water and power project
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Mass Global to finance Iraqi power plants in equity
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Bids in for Alexandria petrochemicals complex
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Banks given more time for Yanbu financing
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Takreer pushes back deadline for Ruwais lubricants refinery
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Kingdom and Emaar select Smith & Gill for world’s tallest building
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Morocco receives two bids for Safi independent power project
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Damascus prepares to invite consultants to bid for metro design
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Qatar begins tendering Barzan gas scheme
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Rival bidder enters race to buy Shadeed Iron & Steel
Special Report
Special Report: Metals & Mining - Gulf states target copper
The Middle East is well placed to take advantage of a anticipated surge in global copper prices. Saudi Arabia is leading the way in mining its copper deposits, with two new mines in the kingdom scheduled to start commercial production by the end of 2011, the largest of which, the Jabal Sayid project, will produce 57,000 tonnes a year of copper in concentrate.
Trends
Global trade slowdown hits maritime carriers
Middle East maritime industry finds its growth constrained by the financial crisis
MEED List
Egypt Muslim Brotherhood
The top officials in Egypt’s largest opposition party are: Mohamed Badie Abdul Mageed Samy, Mohamed Saad el-Katatni, Mahmoud Ezzat, Rashad el-Bayoumy, Essam el-Erian and Mahmoud Hussain.
This week's issue
Quote of the Week
"Ahmad is a smart guy. He's getting things done. What he needs to do now is work hard to get the public onside"
Kamel al-Harami, economic analyst.
Special Report: Government consensus drives political change in Kuwait
Analysis
Rail schemes progress slowly in Kuwait
Moves are afoot in Kuwait to bring the GCC railway scheme and the Kuwait City Metro to tender stage, but progress is slow and some are sceptical that the metro will be built at all
Business Close-up
Almabani General Contractors
The Saudi Arabian firm is focusing on its home market this year to increase revenues
