MEED
Issue 48 26 November - 2 December 2010
View all stories from this issue.
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Abdulla Rashid Khalaf al-Otaiba
A key figure behind the development of the UAE’s federal rail project -
Abu Dhabi Islamic Bank tenders headquarters building
Corporate headquarters will be built near to Maqta bridge -
Abu Dhabi plans to more than double the population of the Western Region
Liwa will become the new capital of Al-Gharbia, Abu Dhabi’s Western Region -
Abu Dhabi’s Flash Entertainment plans to steal the show
Through its state-owned events organiser, Flash Entertainment, Abu Dhabi is using its annual Formula One Grand Prix at Yas Island to position the UAE capital as a leading international destination for events -
Abu Dhabi’s realistic agenda for 2030
The Western Region’s 2030 plan is based on industrial development and creating job opportunities -
Adnan Ahmed al-Hammadi
A key figure behind the development of the UAE’s federal rail project -
Aramco wants more safety features for Wasit offshore platforms
Wasit tenders delayed to allow for update of designs -
Bahrain waste-to-energy project seeks finance
Project to reach financial close by second quarter of 2011 -
BP continues to develop Algeria assets ahead of likely divestment
UK oil major receives bids for to develop fields -
Car manufacturers: Adjusting to a new reality
The global recession almost drove many automakers out of business, but optimism is returning to the sector -
Contractors submit bids for Dubai Creek project
The Jewel of the Creek mixed-use development is being built next to Maktoum bridge -
Contractors submit bids for Louvre Abu Dhabi construction
At least five groups participate in the tender -
Contractors submit prequalification documents for UAE rail contracts
More than 20 groups submit documents to federal rail agency Union Railway -
Dodsal bids low for Habshan sulphur station
Project to be awarded before end of 2010 -
Doha to tender Lusail Expressway
The QR2.5bn project is already behind schedule -
Doha to tender next phase of Musheireb project by end of year
Local developer Dohaland has prequalified companies -
Dubai gives bidders more time for first PPP
Roads & Transport Authority extends deadline for expressions of interest in water transport project -
Egypt issues request for proposals for wastewater project
Bids to be submitted by April 2011 for plant at 6th October City -
Hyundai Heavy Industries selected for Barzan offshore deal
Estimated $800m contract goes to South Korean firm -
Keeping engineering work in Saudi Arabia
Saudi Aramco ponders the imminent GES plus contracts. If all seven engineering firms sign, the kingdom will be overwhelmed with design work -
Kuwait banks restore capital strength
After the setbacks of the global economic crisis, Kuwait’s lenders and investment houses are laying the foundation for a sustained recovery by slowly rebuilding their balance sheets -
Kuwait energy chief aims to make up for lost time
Farouk al-Zanki has broad experience in Kuwait’s oil sector. He will need to draw on all of it as he takes over as Kuwait Petroleum Corporation’s chief executive officer -
Kuwait telecoms sector loses advantage
Lack of an independent regulator and the ministry’s restrictive monopoly have curtailed growth -
Kuwait: PE hall construction (Capital)
Kuwait: PE hall construction (Capital) - Tender DetailsDescriptionDesign, construction and maintenance of physical education (PE) halls (Capital) Design, licensing, construction and maintenance of six physical education (PE) halls in the Capital educational -
Kuwait: PE hall construction (Hawally)
Kuwait: PE hall construction (Hawally) - Tender DetailsDescriptionDesign, construction and maintenance of physical education (PE) halls (Hawally) Design, licensing, construction and maintenance of six physical education (PE) halls in the Hawally educational -
Kuwait's real-estate sector: Facing up to sluggish growth
The real-estate market in Kuwait is showing signs of recovery after the impact of the global economic downturn, but it is likely to come at a measured pace -
Lending group forms for Bahrain's Muharraq wastewater treatment plant
Contract award due by first week of December -
Lessons learnt from the financial crash
Ras al-Khaimah is taking a proactive stance in managing its debt burden -
Nasdaq Dubai's losses halve after July merger
Nasdaq should be able to make profit in 2011, says DFM head -
Nasser Saif al-Mansouri
A key figure behind the development of the UAE’s federal rail project -
Oman invites groups to prequalify for convention centre packages
Complex will be located four kilometres from Muscat International airport -
Oman to build Musandam power project
Consultants to be sought for independent power project -
Orascom sells Tunisian telecom stake to Qtel
Shares in Tunisian mobile operator sold to Qtel Group -
Political consensus drives optimism in Kuwait
Parliament approval of an estimated $104bn five-year infrastructure development programme offers renewed hope that Kuwait is finally moving in the right direction -
Preferred bidder gets bank responses for Shuweihat 3 financing
Financial close for the power project expected in first quarter of 2011 -
Project markets slide across the GCC
Halt or completion of projects causes slide, as only Kuwait and Oman register positive growth -
Q&A: John Morgan, vice-president of commercial, Royal Jet
The luxury jet travel market was less affected by the downturn than the commercial market, says Morgan -
Ramiz al-Assar
A key figure behind the development of the UAE’s federal rail project -
Ras al-Khaimah launches bond restructuring
Emirate planning to buyback old debt and issue new bond -
Royal Jet
Abu Dhabi-based jet operator’s solid financial performance will back its ambitious expansion plan -
Royal Jet: MEED Assessment
The company has been quick to respond to the change in the market, turning its attentions to maintenance, repair and overhaul services -
Saudi Arabia looks within for engineering talent
State oil major Saudi Aramco wants to make sure that engineering work is kept in the kingdom -
Share sales yet to catch up in the Gulf
Ability to resolve debt issues will be key to reigniting retail investors’ appetite for initial public offerings -
Special Report: Kuwait - Infrastructure projects boost economy
There is cautious optimism that Kuwait, while far from overcoming its bureaucratic shortcomings, is finally moving in the right direction -
Telecoms sector strains against Kuwait state dominance
Kuwait’s telecoms industry has become static because of the government’s monopoly over the market. The country’s three providers say an independent regulatory body will make more room for growth -
UAE finalising law to reduce minimum stake for company listings
Law expected to reduce stake to 20-30 per cent -
UAE Union Railway
Six key figures behind the development of the UAE’s federal rail project: Nasser Ahmad Khalifa al-Suwaidi, Richard Bowker, Abdulla Rashid Khalaf al-Otaiba, Nasser Saif al-Mansouri, Adnan Ahmed al-Hammadi and Ramiz al-Assar -
Uhde frontrunner for $500m Ibn Rushd contract
German firm in direct negotiations for engineering, procurement and construction deal -
United Precision Drilling signs four Kuwait rig deals
State operator awards four contracts worth more than $400m




