MEED
Issue No 18 30 April - 6 May 2010
View all stories from this issue.
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A false dawn for the downstream petrochemicals industry
ConocoPhillip’s withdrawal from a $10bn refinery project shows the petrochemicals market is far from rosy -
Abu Dhabi seeks adviser for $68bn of transport schemes
Department of Transport seeking financial adviser -
Amal Haddad
A key figure leading the development of metro schemes in the region -
Atta Abd Raboh el-Sherbiny
A key figure leading the development of metro schemes in the region -
Bahrain launches tender for social housing project
Three groups shortlisted to develop 5,000 housing units -
Balance needed in urban renewal
Rights of long-term residents must be considered when older districts are spruced up in the region -
Banks in Saudi Arabia look for dollar liquidity
Local lenders in the kingdom are flush with cash, but only in riyals -
Barzan progress is welcome news
Scheme will keep contractors busy for at least five years, but the bigger prize will be the North gas field -
ConocoPhillips loses $1bn on project exits
US oil company has pulled out from Shah gas development and Yanbu refinery scheme -
Construction projects slow to progress in the UAE
Despite a slowdown in spending, Abu Dhabi is still a promising market for contractors as mega tourism projects get under way -
Contractors submit bids for Presidential Palace in Abu Dhabi
The Urban Planning Council is reshaping the capital -
Daewoo favourite for $100m Abu Dhabi oil storage deal
Project is part of wider $800m-plus inter-refinery pipeline scheme -
Dubai looking at bank funding for Jebel Ali airport city
The Department of Civil Aviation will focus on the construction of Aviation City -
Dubai will need investor support
But it needs to convince banks of the viability of the Dubai World Central project to get them to lend to it -
Future peace bound in oil
Sudan must ensure a more even distribution of its oil wealth, or risk more conflict in the run-up to a referendum on independence in January 2011 -
Hyundai bids low for Kuwait pipeline deal
Pipelines from Mina al-Ahmadi refinery to power plants -
Hyundai selected for Qatar hospital contract
Hamad Medical City will be built at Doha Asian Games site -
Infrastructure spending buoys Egypt's construction sector
Approval of the public-private partnership law in July will provide fresh impetus to Egypt’s booming construction industry, as well as helping to meet the needs of a growing population -
Investors show patience while Iraq kick-starts reconstruction projects
Iraq’s importance to the region’s projects market is growing, but it requires strong government to push ahead with reconstruction efforts -
Iran Khodro
The cash-strapped Iranian carmaker is to be fully privatised later this year -
Iran Khodro: MEED Assessment
Privatisation exposes Iranian carmakers to genuine competition -
KEO to advise on Doha wastewater treatment plant expansion
Ashghal wastewater project will add 80,000 cubic metres a day capacity to Doha South plant -
Kuwait in talks with Daelim over $885m Mina al-Ahmadi refinery deal
State-refiner in direct negotiations with low bidder Daelim -
Kuwait invites bids for railway advisory
Kuwait is now planning a railway and a metro -
Kuwait to decide on Al-Zour refinery in May
Contractors awaiting Supreme Petroleum Council decision -
Marafiq to approach banks for $800m loan
Saudi utility company planning to tap local banks -
Middle East Metro Projects
Six key figures leading the development of metro schemes in the region are: Mohsen Hashemi, Adnan Ahmed al-Hammadi, Atta Abd Raboh el-Sherbiny, Abdulla Rashid Khalaf al-Otaiba, Adel al-Roumi and Amal Haddad. -
Mohsen Hashemi
A key figure leading the development of metro schemes in the region -
National Steel plans steel billet plant in Saudi Arabia
A new steel billet plant to be built in Dammam -
Pivot Engineering wins Abu Dhabi contract
Local contractor will build Marasy development at Al-Bateen wharf -
Qatar tenders Barzan gas offshore deals
Onshore portion of $1.7bn deal still in prequalification -
Region tops the occupancy table
But a surge in new room supply coming onto the market is casting a shadow over the long-term prospects -
Saudi Arabian market demands affordable housing
While Saudi Arabia’s Eastern Province has several high-end property projects under way, the growing requirement for low-cost homes is not being met -
Saudi banks look to bond markets
Banks eager to raise long term dollar funding after Banque Saudi Fransi’s successful $650m issue -
Special Report: Construction - Sector lifted by infrastructure
The drive to provide affordable housing to support the local young population has become an important trend for construction companies in the region since the global economy took a turn for the worse at the end of 2008 -
State oil giants feel the pain
International partners losing interest in schemes backed by state firms show the realities have changed for the oil and gas industry -
TDIC invites contractors to bid for headquarters contract
Contractors have until 16 May to submit bids for Abu Dhabi scheme -
Tunisia invites firms to qualify for Elmed power scheme
The independent power project to include a renewable energy component -
Urban regeneration: Gulf construction industry looks to revitalise itself
Developers across the Middle East are breathing new life into areas that have been in decline, but must be aware of the effect such masterplans have on existing communities -
Yanbu financing stalls following ConocoPhillips walkout
Delays expected for $10bn Saudi refinery financing
