MEED
Issue No 23 06 - 12 June 2008
View all stories from this issue.
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Airlines call for regional ‘open skies’ agreement
Deregulated market would allow access to any airport in the region and potentially boost passenger traffic. -
Abu Dhabi awards study for Ruwais olefins complex to WorleyParsons
Abu Dhabi Polymers Company (Borouge) has awarded Australia’s WorleyParsons the contract to under-take a feasibility study for the third-phase expansion of its multi-billion-dollar Ruwais olefins complex. -
Abu Dhabi real estate market is ripe for regulation
Although Abu Dhabi’s development is managed by the masterplan and the Urban Planning Council, the sales process is less controlled. -
Abu Dhabi real estate: Building on solid ground
While the high returns offered by Abu Dhabi’s real estate sector are beginning to attract the attention of property speculators, concerns that this could lead to oversupply appear misplaced. -
Abu Dhabi Securities Exchange: Relaxing rules provides $200bn boost
A change in the Commercial Law governing listings on the Abu Dubai Securities Exchange is set to lead to a flood of flotations from private companies in the real estate and retail sectors. -
Abu Dhabi: Aiming for the high-end tourism market
With a series of ambitious tourism projects under way, the challenge for Abu Dhabi is to increase the number of visitors while preserving its unique culture and heritage. -
Abu Dhabi: Reshaping the economy
Abu Dhabi is pursuing ambitious targets to encourage business and reduce its economic reliance on the hydrocarbons sector. -
Adac finalises shortlist for airport work
Abu Dhabi Airports Company (Adac) has shortlisted three companies for the build-operate-transfer contract for the midfield terminal on the $6.8bn redevelopment of Abu Dhabi International Airport. -
Ali Kolaghassi
Ali Kolaghassi is vice-president, Saudi Oger -
Amman to sign nuclear deal with US
Further accords with Russia and China will pave the way for $10bn investment programme. -
Aramco set to award $3bn worth of Manifa oil field deals
Saudi Aramco is poised to formally award $3bn worth of deals on its 900,000-barrel-a-day (b/d) Manifa oil field development as part of its bid to increase production capacity to 12.5 million b/d by next year. -
Aramco shortlists bidders for $6bn worth of Jubail deals
State oil giant to issue invitations to 12 firms ahead of meetings in Rome. -
Assem Ragab on Eqypt's plan to attract investors
The chairman of the General Authority for Investment & Free Zones on Egypt’s strategy to attract investors. -
Ayman Rafic Hariri
Ayman Rafic Hariri is deputy general manager, Saudi Oger -
Dow to press on with regional petrochemicals projects
US chemicals giant is proceeding with all three of its major schemes despite rising construction costs. -
Etisalat
The Middle East’s largest telecoms company is attracting greater scrutiny as it increases in size. -
Etisalat: MEED Assessments
Performance breakdown sheds light on international operations -
Farid Chaker
Farid Chaker, assistant general manager for operations, Saudi Oger -
Fresh power tender raises doubts over Mabar project
New plant has backing of the World Bank and could replace existing scheme. -
Gas cartel faces huge challenges
Without clear aims and intentions, gas producers’ hopes of creating a credible cartel will come to nothing. -
Gas producers delay meeting over cartel
Iran, Qatar and Russia have delayed a meeting of the Gas Exporting Countries Forum, following a failure to agree on a charter and a set of common goals for a proposed new gas cartel. -
Gasco names prequalifiers for $5bn offshore capacity boost
European, Japanese and US contractors invited to bid on four key packages. -
Governance: Abu Dhabi authorities streamlining the state
The Abu Dhabi authorities are implementing ambitious plans to overhaul the public sector and open up the economy, using private companies to drive economic growth. -
Gulf Air targets 10 per cent growth rate
National carrier sets ambitious goal as part of five-year expansion plan, despite soaring fuel prices. -
Gulf banks make provisions for further sub-prime losses
Kuwaiti and Saudi institutions set to be worst affected when results are reported. -
Increasing the tax burden in the Gulf
As Gulf governments prepare to introduce VAT, the region’s reputation as a tax haven is being eroded. -
Iran Air drops plans to buy Russian aircraft over cost fears
Iran Air has abandoned plans to update its fleet with new Russian Tupolev aircraft, after deciding that the move is not cost-effective. -
Jamal el-Zein
Jamal el-Zein, assistant general manager, maintenance, Saudi Oger -
Mazen Hariri
Mazen Hariri is chief financial officer, Saudi Oger -
Mohammed Hariri
Mohammed Hariri is secretary general, board of directors, Saudi Oger -
Muscat to issue tenders for Al-Ghubrah advisory work
Oman Power & Water Procurement Company (OPWP) is to issue tenders for the advisory contracts on the planned Al-Ghubrah independent water and power project (IWPP) in July. -
Petrochemicals: Downstream drive is way forward
A willingness to co-operate is a sign that Libya, Algeria and Morocco are taking the need to plan seriously. -
Petrofac in line for Mina al-Ahmadi gas pipeline contract
UAE-based Petrofac International is favourite to win the contract to build a major gas pipeline for Kuwait Oil Company (KOC), after submitting the lowest bid of KD147m ($544m). -
Q&A: Mohammad Hassan Omran, Chairman, Etisalat
Telecoms company hopes for expansion in the region -
Rashed Mubarak al-Hajeri on Abu Dhabi reforms
Member of the Executive Council and chairman of the Department of Civil Service, discusses the measures taken to improve government efficiency. -
Regional open-skies deal will benefit many
The discomfort of a few airlines should not be allowed to hinder the benefits of an open-skies accord. -
Royal Jordanian seeks Dreamliner compensation
Royal Jordanian has confirmed it will seek financial compensation and replacement planes from Boeing because of delays in the delivery of the 787 Dreamliner aircraft it has ordered. -
Saudi Oger - Six key people
The top six executives running Saudi Oger under general manager Saad Rafic Hariri: Ayman Rafic Hariri, Mohammed Hariri, Farid Chaker, Ali Kolaghassi and Jamal el-Zein. -
Special Report: Abu Dhabi - Reforms deliver strong growth
In comparison with Dubai, Abu Dhabi has followed a low-profile, slower-moving development path. But this is changing. -
The Gulf needs to raise taxes
The UAE is to lead other GCC states with a tax on goods and services. Consumers will pay to ensure that the Gulf economies remain attractive. -
Three-year tenders delay Saudi road projects
Contractors complain that 36-month timeline regardless of scale or complexity slows progress on schemes.
