MEED
Issue No 13 26 March - 1 April 2010
View all stories from this issue.
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Bahrain sovereign bond increased to $1.25bn
Gulf state receives orders of more than $5bn for bond issue -
Sudan's Darfur region to receive $850m from international donors
Infrastructure and public projects given highest priority in Darfur development -
A level playing field is still elusive in Saudi Arabia
Riyadh must step up efforts to ease bureaucratic hurdles for doing business to attract foreign investors -
Abdalla Salem el-Badri
A regional decision-maker in the Organization of Petroleum Exporting Countries -
Abu Dhabi close to appointing second adviser for highway scheme
Department of Transport seeks new adviser for $2.7bn Mafraq-Ghweifat motorway -
Abu Dhabi moves ahead with $10bn Taweelah petrochemicals scheme
Abu Dhabi National Chemicals Company (Chemaweyaat) may launch design deals for Tacaamol project in second quarter -
Algeria extends deadline for $3bn Djamaa el-Djazair mosque bid
Mosque will be world’s third largest -
Al-Ghurair Iron & Steel expansion delayed by nine months
Contracts for construction deal will not be awarded until fourth quarter of 2011 -
Ali al-Naimi
A regional decision-maker in the Organization of Petroleum Exporting Countries -
Alstom wins Morocco high-speed train deal
French firm will supply trains for first phase of Morrocan high-speed rail network -
Bankers claim Yanbu refinery financing oversubscribed
Sponsors aim to complete financing for $9bn-plus scheme in first half of 2010 -
Cairo to invite bids for third phase of metro works in October
The 40-kilometre Cairo metro Line 3 will be developed in at least four phases -
Construction materials prices edge upwards in Saudi Arabia
Construction costs in Saudi Arabia are expected to rise throughout 2010 as demand picks up again for building materials such as cement, reinforcement steel bar and aggregates -
Construction materials prices edge upwards in Saudi Arabia
Construction costs in Saudi Arabia are expected to rise throughout 2010 as demand picks up again for building materials such as cement, reinforcement steel bar and aggregates -
Contractors get more time on $2bn pipelines contract in Kuwait
Kuwait Oil Company wants to build pipelines connecting Mina al-Ahmadi refinery with power plants -
Contractors name frontrunners on Abu Dhabi's Shah gas field
Low bidders identified for four construction contracts worth an estimated $6.6bn -
Contractors submit bids for Bahrain island construction contracts
Contracts for first phase of Diyar al-Muharraq project are expected to be awarded in July -
Corruption investigation delays Algeria refinery plans
More than $6bn of refinery projects face delays in Sonatrach corruption probe -
Dubai debt crisis is far from over
The government should know there is a big difference between a proposal and a final agreement -
Dubai tables debt restructuring for state firms
Dubai World and Nakheel creditors are yet to agree to proposals -
Egypt to tender ammonia plant construction deal
$300m deal to be awarded by the end of 2010 -
Four firms line up for Abu Dhabi offshore oil design management deals
Bids went in to Abu Dhabi Marine Operating Company on 21 March -
Housing crisis looms in Saudi Arabia
The preference of developers to build luxury housing means there is a serious shortfall of homes for the kingdom’s rapidly expanding low and middle-income population -
Housing crisis looms in Saudi Arabia
The preference of developers to build luxury housing means there is a serious shortfall of homes for the kingdom’s rapidly expanding low and middle-income population -
Hussain al-Sharistani
A regional decision-maker in the Organization of Petroleum Exporting Countries -
Jordan wind farm plans under review
Amman to reconsider project after issues with land regulations and noise levels -
Local contractor frontrunner to win Oman road contract
Transport ministry received bids from five local contractors on $5.5m deal -
Local firms dominate bids for $1.8bn of Kuwait housing deals
Jaber al-Ahmed and Sabah al-Ahmed townships to see new homes by 2013 -
Maaden conducts feasibilty study on phospate mine
Saudi Arabia mining firm plans to add 1.5 million tonnes to annual phosphate capacity -
Masoud Mir-Kazemi
A regional decision-maker in the Organization of Petroleum Exporting Countries -
Mena - Opec
Six regional decision-makers in the Organization of Petroleum Exporting Countries are: Abdalla Salem el-Badri, Ali al-Naimi, Ali al-Naimi, Masoud Mir-Kazemi, Hussain al-Sharistani, Sheikh Ahmad Abdullah al-Jaber al-Ahmad al-Sabah and Mohamed bin Dhaen al-Hamli. -
Mohamed bin Dhaen al-Hamli
A regional decision-maker in the Organization of Petroleum Exporting Countries -
Nasdaq Dubai looks for liquidity
Can its acquisition by Dubai Financial Market convince more traders to use Nasdaq Dubai? -
New era for trade ties between Saudi Arabia and India
Both Riyadh and New Delhi stand to gain from moving beyond the current energy relationship into a sweeping trade and diplomatic partnership -
Noor Islamic Bank
Noor Islamic Bank has revised its timetable for growth in light of ongoing market uncertainty -
Noor Islamic Bank: MEED Assessment
Bank’s dependence on the state for sources of funding raises concerns about future lending capacity -
Partners to launch Ras al-Zour aluminum financing by May
Maaden and Alcoa joint venture project aims to raise $7bn -
Q&A: Hussain Al-Qemzi, CEO, Noor Islamic Bank
Growth potential for GCC Islamic banks as demand outpaces the competition -
Qatar Petroleum cuts down gas upgrade bidders to two
State firm will award contract for Dukhan and Mesaieed facilities by early April -
Qtel seeks banks for $2bn loan refinancing
Qatari telecommunications company moves to capitalise on investor appetite -
Riyadh catches up on aluminium
Plans to launch financing for the Ras al-Zour scheme will put the megaproject on track for completion -
Saudi Arabia keeping pace with power and water projects
To meet a sharp increase in demand, Saudi Arabia must ensure its ambitious pipeline of power and water projects are completed on time -
Saudi Arabia keeping pace with power and water projects
To meet a sharp increase in demand, Saudi Arabia must ensure its ambitious pipeline of power and water projects are completed on time -
Saudi Arabia: A lure for overseas business
Economic, financial and legal reform are making Saudi Arabia an increasingly attractive destination for foreign investors -
Saudi Arabia: A lure for overseas business
Economic, financial and legal reform are making Saudi Arabia an increasingly attractive destination for foreign investors -
Saudi Arabian oil supply moving with demand
Saudi Arabia is repositioning its oil supply chain to take account of rising demand in Asia and the changing needs of the European and US energy markets -
Saudi Arabian oil supply moving with demand
Saudi Arabia is repositioning its oil supply chain to take account of rising demand in Asia and the changing needs of the European and US energy markets -
Saudi Aramco pulls off a coup
Securing financial commitments for about $20bn of refinery projects in the kingdom after a difficult year for project finance is no easy task -
Sheikh Ahmad Abdullah al-Jaber al-Ahmad al-Sabah
A regional decision-maker in the Organization of Petroleum Exporting Countries -
Special Report: Saudi Arabia - Banks remain risk averse
Buoyed by years of budget surpluses, Saudi Arabia has been able to spend its way out the global economic crisis and avoid recession. -
State spending averts recession in Saudi Arabia
But the strength of the economic recovery in Saudi Arabia will be constrained by a private sector that remains risk averse -
State spending averts recession in Saudi Arabia
But the strength of the economic recovery in Saudi Arabia will be constrained by a private sector that remains risk averse -
Tasnee looks for Yanbu metals plant partners
Partnerships for project in Yanbu could be technical or financial, says Tasnee official -
Tender issued for $400m Kuwait University buildings
College of Engineering and Petroleum is the first tender issued on the $3bn Sabah al-Salem University campus -
Typsa Group to finish Casablanca resort by end of 2011
Anfa Place Living Resort is Foster & Partners’ first project in Morocco -
UAE sets bar for GCC rail
Moves to start tendering on phase one of the inter-emirates rail network shows the UAE scheme is steaming ahead of its neighbours -
Union Railway sets out UAE rail network plans
Tendering process on first phase of $11bn network to start in second quarter -
Uranium: Securing alternative energy supplies
The UAE, Jordan, Egypt and Iran are all edging closer to making nuclear energy part of their power generation base. In terms of uranium production, the most active state in the region is Jordan. -
Uranium: Securing alternative energy supplies
The UAE, Jordan, Egypt and Iran are all edging closer to making nuclear energy part of their power generation base. In terms of uranium production, the most active state in the region is Jordan. -
Work on Sharjah steel plant to start by end of the year
Al-Tuwairqi Group still keen on resurrecting $400m project in UAE -
Yemen power projects delayed on government guarantee fears
Scheme involves building three pilot plants with a combined capacity of 375MW
