MEED
Issue No 16 16-22 April 2010
View all stories from this issue.
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Abu Dhabi faces visitor shortfall
The government will have to find additional visitors to fill the rising number of hotel rooms in the emirate as it awaits completion of ambitious tourism schemes -
Aramco receives bids for petroleum research centre
King Abdullah Petroleum Studies Research Centre development is part of $60bn investment programme -
Bahrain prequalifies consultants for light rail study
First phase of the rapid transport system involves light rail and tramways -
Bahrain to launch its first private sector road scheme
Works Ministry’s privatisation plan includes roads and wastewater projects -
Banks loosen purse strings
Risk appetite is slowly returning to regional loan market. Confidence picks up as progress is made on Dubai World debt woes -
Contractors submit bids for King Abdulaziz Centre for Knowledge & Culture
Aramco is developing Eastern Province project -
Corporate travel to rebound, according to MEED business travel survey
Companies are resuming spending on business travel this year; an indication that confidence in the regional and global economy is slowing taking hold -
Corporate travel to rebound, according to MEED business travel survey
Companies are resuming spending on business travel this year; an indication that confidence in the regional and global economy is slowing taking hold -
Daniel Hajjar
A leading design consultant working on projects in Libya -
Dubai adapts to shifting tourism market
After a long period of high occupancy rates, the global financial crisis and an oversupply of premium accommodation has left the emirate needing a new strategy to bolster tourist numbers -
Egis Rail wins Amman light rail design contract
Construction of Amman’s light rail will start in 2011 -
Egypt issues tenders for Alexandria University hospitals
Finance Ministry has prequalified 14 groups -
Egypt prequalifies five groups for wastewater tender
Public-private partnership project to be built to the west of Cairo -
Emirates Steel prepares to launch $1.3bn financing for Taweelah plant
Banks asked to sign confidentiality agreements -
Ensuring Jordan's water supply for tourism
Water supply is a growing issue for the tourism industry in Jordan. A planned water connection project aims to help, but more needs to be done in the long term -
Firms push for Ruwais base oil contract extension
Contractors ask Takreer for more time to assess costs -
France's Adpi to prepare Bahrain airport masterplan
Bahrain Airport Company has received prequalification bids for the design of two new terminal buildings -
Gary Wright
A leading design consultant working on projects in Libya -
Gulf loan market rebounds
Nearly $5bn of corporate loan deals set to close by end April -
Impregilo awarded $387m contract for Libyan conference centre
Zaha Hadid commissioned to design the three-building project -
Iran can still find gasoline supplies
Meeting gas ambitions will be a tougher challenge without support from international companies -
Iran still able to find gasoline supplies despite Russian exit
Lukoil joins a growing list of energy companies that have quit Iran -
Iraq launches $1bn tourist city
Wasit Tourist City will create new employment opportunities -
Iraq taking the call on telecoms regulation
Iraq’s plan to launch a fourth government-backed national mobile operator raises questions of fairness. Only the new telecommunications law will clear the air -
Jason Burnside
A leading design consultant working on projects in Libya -
Jordan seeks local and international partnership for Aqaba port
Aqaba Development Corporation wants international and local firms to work together for port project -
Kuwait developer to tender Abu Dhabi construction contract
National Real Estate Company will invite contractors to submit bids for Reem island project -
Libya Design Consultants
Six leading design consultants working on projects in Libya are: Daniel Hajjar, Mohamed al-Assam, Jason Burnside, Peyman Mohajer, Gary Wright and Mike Hamer -
Mansour Bank
The Iraqi bank looks to lend to a private sector set grow on the back of the country’s reconstruction -
Mansour Bank: MEED Assessment
Massive expansion of Iraq’s oil and gas industry should ensure strong growth for banks -
Mike Hamer
A leading design consultant working on projects in Libya -
Mohamed al-Assam
A leading design consultant working on projects in Libya -
Muscat invites firms to prequalify for railway project management
Oman is planning to build the national railway in three phases -
Nass wins Isa Town Gate road contract
The local Nass will now finish building the interchange project in phases -
New GCC capacity will hurt petrochemical majors
Progress on mega projects in the region means fresh competition for established overseas companies -
Oman receives five bids for water management contract
Winning bidder will manage improvements to the sultanate’s water networks -
Partners seek extension for $10bn Shah management deals
Adnoc and ConocoPhillips ask project management bidders to push back bid validity to the end of April -
Petro-Rabigh partners gauge contractor appetite
Solicitations of interest sent out for $5bn-plus expansion of giant petrochemical complex -
Peyman Mohajer
A leading design consultant working on projects in Libya -
Q&A: Mehdi al-Rahim, Chairman of Mansour Bank
The privately-owned bank sees a raft of opportunities opening up as more investment is channelled into the oil and gas sectors -
Qatar Telecom invites banks for $2bn loan
State-owned Qtel in talks with core bank group for $2bn loan -
Riyadh seeks aviation hub crown
Saudi Arabia is preparing to become a dominant player in the regional aerospace industry -
Saudi aviation market is unique
Religious pilgrims mean visitor numbers are assured every year. Massive expansion programme makes good business sense -
South Koreans still in negotiations for Iraq steel complex
STX Heavy Industries is finalising contracts for $3bn Basra steel mill -
Special Report: Tourism - Outlook for travel industry much brighter in 2010
Lowering room rates is generally considered by hoteliers as an option of last resort to draw in customers. The industry prefers to use other incentives such as free breakfasts or two nights for one offers. -
Tourism revenue targets on track in Oman
The sultanate of Oman has faired better than many of its neighbours across the region in the wake of the financial crisis and, despite some setbacks, its tourism sector is hitting its targets early -
Travel spending is key indicator for hospitality industry
Sentiment is improving in the region as companies resume spending on corporate travel -
Vopak Horizons to make final decision on Fujairah expansion contract
Bidders expect Italy’s Belleli to win contract -
Working to a different model for Saudi tourism
The kingdom aims to entice more Saudis to holiday at home and boost employment opportunities to meet its ambitious 2020 goals
