MEED
Issue 34 20-26 August 2010
View all stories from this issue.
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Abu Dhabi tenders copper pipe mill
Region’s first copper pipe facility to be built at Taweelah in Abu Dhabi -
Aramco approaches contractors for Jeddah sports city stadium
King Abdullah Sports City will be built 60 kilometres north of Jeddah -
Buhler wins Saudi Arabian grain mill contracts
Swiss company to build grain mills in Jeddah and Mecca -
Business in Iraq: Progress stifled by bureaucracy
Iraq desperately needs foreign support but regulatory hurdles are deterring investors. Sectarian infighting is compounding the problem -
Dubai boom has a lesson for Kuwait
Kuwait has the cash to push ahead with its ambitious spending plan to move beyond oil dependence -
Dubai planning private transport scheme
Transport project is latest sign of Dubai dropping direct procurement model -
Dubai transport plan will struggle
A successful public-private scheme requires a strong government guarantee to convince investors. Debt-laden Dubai is currently unable to provide this assurance -
Fady Juez
Fady Juez is managing director, Metito -
Fichtner bids low for Bahrain renewables advisory contract
Pilot facility to use both solar and wind power technology -
Firms line up for Oman steam facilities
Contract is part of wider $500m Amal steam injection project -
Franck Le Baron
Franck Le Baron is programme director, Marafeq Qatar – Suez Environnement -
Gerard Velter
Gerard Velter is general manager, Azaliya -
Gulf Projects: 19 August 2010: Bahrain records biggest growth
Little activity in most markets -
Gulf Water contractors
Six key people overseeing the development of water and wastewater projects in the GCC: Franck Le Baron, N Suresh Kumar, Kyeong Choi, Fady Juez, Gerard Velter and Thierry Pepe -
Hydrocarbon legislation still a long way off in Iraq
A potential hydrocarbons law, laid out in draft form since 2007, could help regulate Iraq’s oil sector. However, the legislation remains paralysed amid the political stalemate in Baghdad -
Ibn Rushd plans 2010 Yanbu petrochemicals award
Firm is an affiliate of regional giant Saudi Basic Industries Corporation -
Iran and Venezuela review joint venture methanol plans
Two consortiums were shortlisted for the scheme in May -
Iran extends Marjan methanol plant deadline
Bidders now have to 23 September -
Iran’s Turquoise Partners raises $2.8m for mutual fund
Turquoise started investing fund on 17 August -
Iraq: Relations with Kuwait remain frosty
Baghdad has struggled to rebuild relations with Kuwait following its invasion by Saddam Hussein’s forces. The payment of war reparations in particular continues to be a major obstacle -
Iraq's growth derailed by challenges
Despite strong macro-economic fundamentals, delays in forming a stable government in Baghdad and the inability to spend state budgets are hampering the development of Iraq’s economy -
Joint venture to build $200m fibreglass plant in Bahrain
Chinese and Saudi Arabian companies join forces for 140,000-t/y facility -
Kuwait ruler passes 33 per cent spending increase
Expansionary budget for 2010-11 -
Kuwait seeks revised prices for oil production facility
20 October deadline for Al-Khorayef -
Kyeong Choi
Kyeong Choi is managing director for Europe, Middle East and Africa, Samsung Engineering -
Mecca
As cranes dot the skyline transforming Islam’s holiest city, the scale and aesthetics of the redevelopment have met with criticism -
Morocco invites firms to prequalify for two airport terminals
Office National des Aeroports is planning to build two new terminal atOffice National des Aeroports -
N Suresh Kumar
N Suresh Kumar is Vice-president & head – water technology, Larsen & Toubro -
Political tensions threaten security
The security situation in Iraq is much improved, but political deadlock threatens to undermine those gains -
Prioritising investment for Iraq
Despite announcing grand plans to overhaul Iraq’s transport infrastructure, a lack of investment and proper planning means most schemes still remain on the drawing board -
Qatar tenders offshore security design deal
Surveillance and security towers for offshore oilfields -
Ramadan delays Jubail acrylic acid plant award
Partners hope to complete award by the end of September -
Saudi Airlines to complete $1.9bn Islamic loan
Deal will fund acquisition of 70 new planes -
Saudi Arabia issues tenders for Medina airport
Prequalified firms are invited to submit their bids by 15 December -
Saudi property market rebounds
Prices and rents are on the rise in Saudi Arabia’s two biggest cities -
Special Report: Iraq - Political stalemate delays projects boom
Even prior to the US-led invasion of Iraq in 2003 to oust Saddam Hussein, international firms were sizing up potential business opportunities in the post-war reconstruction effort -
State backing of project financing is not enough in the Middle East
State guarantees alone cannot mitigate all risks involved. It would be more transparent for governments to just borrow directly -
State guarantees in the Middle East hide the real risk
Bonds with explicit government backing are set to rise in the region, but their use will distort the market -
The secret to success for industry in Oman
Zoom Steel’s decision to locate in Sur means its project is not dependent on gas allocations -
Thierry Pepe
A key person overseeing the development of water and wastewater projects in the GCC -
Time to end the political deadlock in Iraq
Until the leadership question is resolved, Baghdad cannot move ahead with rebuilding -
Union Railway delays prequalification
Contractors expect to be invited to prequalify in due course -
Zoom plans $665m Oman steel plant
Indian company joins up with Omani investor for 1.2 million-t/y plant
