MEED
Issue No 29 18 - 24 July 2008
View all stories from this issue.
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Abdullah Senoussi
A key figure who has influence with Libyan leader Muammar Gaddafi -
Abu Dhabi’s blueprint for education
The emirate is reforming its colleges and universities to provide the skilled workforce its economy needs. -
Adac considers targets for first overseas expansion
State-owned Abu Dhabi airport operator aims to take over one site by the end of the year. -
Ahmed Ibrahim
A key figure who has influence with Libyan leader Muammar Gaddafi -
Amman right to enter nuclear age
Jordan could evolve from an energy sector minnow into a regional centre for nuclear power expertise. -
Amman’s struggle to balance the budget
The government’s policy of cutting subsidies to reduce its deficit is causing growing resentment among the population, many of whom are finding it difficult to afford the basic necessities of life. -
Amman’s struggle to balance the budget
The government’s policy of cutting subsidies to reduce its deficit is causing growing resentment among the population, many of whom are finding it difficult to afford the basic necessities of life. -
Baghdad set to award deals for refinery construction
Oil Ministry plans capacity boost in bid to reduce dependence on imports. -
Bahrain airport masterplan to win approval by end of summer
The masterplan for Bahrain International Airport is set for final government approval, ahead of the main tendering process for its redevelopment. -
Bashir Saleh Bashir
A key figure who has influence with Libyan leader Muammar Gaddafi -
Beirut faces further delay to $6bn telecoms privatisation
Auction of state-owned mobile networks set to be put back beyond November. -
Cairo to create single regulator
Egypt will announce plans to create a single regulator for all financial services companies except banks in the final quarter of the year. -
Construction awards should silence sceptics
In 2006, it appeared the construction market had peaked, but Dubai was merely planning its next move. -
Costs derail Egypt's petrochemicals masterplan
Echem postpones projects as engineering, procurement and construction costs push schemes over budget. -
Creation of a single financial regulator faces further delay
Qatar’s Council of Ministers has delayed the creation of a single financial regulator until September at the earliest, after failing to pass the legislation that would establish the new regulator before the summer break. -
Doha invites convention centre bids
Local developer Qatari Diar Real Estate Investment Company has invited selected companies to bid by 7 September for the contract to build the Doha Convention Centre, which will include the country’s tallest building. -
Educational reforms will help business
Even the best regional universities struggle to compete on a world stage. A well-educated workforce will allow the economy to prosper. -
Hassan Tatanaki
A key figure who has influence with Libyan leader Muammar Gaddafi -
Interview with Jordan’s finance minister, Hamad Kasasbeh
Hamad Kasasbeh talks about the dollar-dinar peg, rising inflation and the effect of Iraqi refugees on the economy. -
Jordan's nuclear plan makes progress
Jordan is on track to achieve its long-term ambition of developing atomic energy to reduce its reliance on imported hydrocarbons after a series of agreements with international firms. -
Khalifa Hnaish al-Gaddafi
A key figure who has influence with Libyan leader Muammar Gaddafi -
Kingdom Holding seeks $1.3bn loan facility
Saudi investment house expected to use funding to invest in a series of projects in its domestic market -
Kuwait must act to halt exodus of local contractors
Kuwait could do worse than observe how its southern neighbour, Saudi Arabia, is handling the rising costs of construction materials. -
Moussa Koussa
A key figure who has influence with Libyan leader Muammar Gaddafi -
Mushrif Trading & Contracting
The Kuwait-based Mushrif Trading & Contracting is in a good position for expansion after relocating its headquarters to the UAE. -
Mushrif Trading & Contracting: MEED Assessment
The Kuwait-based Mushrif Trading & Contracting is in a good position for expansion after relocating headquarters to the UAE. -
Nakheel awards record amount of work
Local developer enjoys busiest period in its history with $6.8bn worth of contracts awarded so far in 2008. -
Oil majors to bid despite reduced terms
Observers predict less generous oil and gas deals following 2006 Hydrocarbons Law will still attract interest. -
Q&A: Donald Featherstone, CEO, Mushrif Trading & Contracting
A strategic move to the UAE allows Mushrif to take advantage of the rapidly expanding construction market -
Refining capacity boost to suffer delays in Kuwait and Saudi Arabia
Labour and equipment shortages threaten plans to upgrade or build refineries in Kuwait and Saudi Arabia. -
Regional airlines have come of age
Etihad is following Emirates and Qatar Airways in its intent to force its way to the top of the pile. -
Risk drives Kuwaiti contractors abroad
Firms compete for international work as local clients decline to share risk of rising materials costs. -
Riyadh awards $6bn deals to boost power generation
Saudi Electricity Company (SEC) has awarded contracts totalling more than SR23bn ($6.1bn) as it seeks to raise its power generation capacity and strengthen its transmission and distribution networks in the kingdom. -
Sabic set to refinance GE Plastics debt
Saudi giant to change covenants as subsidiary struggles to meet cash projections in deteriorating market. -
Saudi low-cost carriers win concessions
Saudi Arabia’s low-cost airlines have won a significant victory in their efforts to compete with national carrier Saudi Arabian Airlines (Saudia) on a level playing field. -
Special Report: Jordan - Struggling with soaring inflation
Amman is in the middle of a deeply unpopular subsidy reduction plan aimed at cutting the kingdom’s growing budget deficit, which means that soaring fuel and food costs are now affecting consumers rather than government finances. -
Spreads widen as crunch hits Gulf
Currency speculation and the tightening global credit markets are increasing the cost of debt in the region. -
Tackling Jordan's inflation problem
In an exclusive interview, Jordan’s finance minister outlines the challenges he faces in dealing with inflation while attempting to restrain government debt. -
Vast reserve offers hope for Amman's future
With 40 billion tonnes of oil shale deposits, Amman expects to begin commercial production by 2020. Natural Resources Authority director general Maher Hijazin outlines the plan.




