Middle East business news and analysis, tenderscontracts awarded, commentary, economic data, insight, projects and events – 24/7 from MEED.

Suez bids low for Addur plant

A team of Belgium's Suez Energy International and Kuwait's Gulf Investment Corporation is the lower bidder for Bahrain's Addur independent water and power project (IWPP). Price offers for the project were opened on 24 July.

Features

Riyadh moves to cool oil prices  Premium Content

Saudi Aramco's pledge to increase output is aimed at regaining its influence over the markets.

Features

Illustration of an Arabic styled mortarboard

Abu Dhabi's blueprint for education Premium Content

The emirate is reforming its colleges and universities to provide the skilled workforce its economy needs.
Illustration - contract being signed

Middle East contracts awarded: July 2008 Premium Content

Over $5.4bn worth of contracts were awarded across the Middle East region up to 8 July, according to this selected checklist compiled from MEED reports. Check back at the end of the month for a full list of contracts awarded in July.
A man sells fruit in Amman

Special Report: Jordan - Struggling with soaring inflation

Amman is in the middle of a deeply unpopular subsidy reduction plan aimed at cutting the kingdom's growing budget deficit, which means that soaring fuel and food costs are now affecting consumers rather than government finances.
Illustration - Airplanes on a tarmac

Special Report: Aviation & Airports - Soaring fuel costs hit airlines

Few sectors have been hit harder by rising fuel costs than the aviation industry. High oil prices have already driven several airlines out of business and grounded older, less fuel-efficient planes.
Calendar illustration

MEED special reports calendar for 2008

MEED publishes a special report, comprising a series of articles focusing on a certain industry sector or Middle Eastern country, every week. Here we publish our calendar of upcoming special reports for 2008.

Energy markets

energy illustration

Oil prices hover near seven-week low

Oil prices rebounded slightly from a seven-week low on 23 July but remained well under $130 a barrel as the demand outlook continued to weaken in the key US market.

Economy

Silhouette of a mosque

A challenging tide of faith

Islam is the most dynamic religious movement of our times, but there is more to its ascent than oil and economics.

Briefing

Steel coils

Middle East steel industry set for dramatic growth

With inexorable rising prices failing to dampen demand from steel consumers, the Middle East steel industry is gearing up for substantial growth.