MEED
Issue No 4 22-28 January 2009
View all stories from this issue.
-
Abu Dhabi cancels Sharjah oil storage tender
Abu Dhabi energy giant wants to complete more work on detailled engineering design -
Abu Dhabi hydrogen power plant awaits conclusion of offtake talks
Partners want to tender construction deals by the end of the first quarter -
Abu Dhabi selects Fluor to manage transport projects
US firm to supervise development and construction of metro and rail system -
Abu Dhabi sets tougher challenge for property construction firms
Firms in Abu Dhabi will have to work harder to win contracts than they did in Dubai -
Abu Dhabi tenders Sowwah Island bridge
Contract incorporates redesign process to make project more efficient -
Ali Divandari
Ali Divandari is managing director, Bank Mellat -
Ali Soleimani Shayesteh
A Ali Soleimani Shayesteh is managing director, Parsian Bank -
Al-Kharafi wins $164m deal to build Kuwait airport facilities
Contract is part of an expansion to take airport capacity to 20 million -
Bidding on Ruwais plastics expansion to start in February
Third phase of development will cost more than $3bn -
Capital will flee towards Egypt
International banks seeking to deploy capital will increasingly look to emerging economies with potential outside the Gulf -
Contractors asked to express interest in Abu Dhabi airport terminal
Contract worth $6.8bn will be tendered later this year -
Contractors line up for Ras al-Zour power and water plant work
Saline Water Conversion Corporation shortlists 11 groups -
Contractors submit bids for Arzanah Medical Complex
Health centre is part of wider, mixed-use development -
Doha to outsource operation of wastewater network
Three international firms compete for feasibility study contract -
Drawing the poison
The Saad and Al-Gosaibi debt repayment affairs have had a toxic effect on bank lending in the kingdom and across the region -
Egypt to build private power plant north of Cairo
Independent power project will have capacity of 750MW -
EgyptAir seeks $290m loans to buy aircraft
Airline plans to appoint banks as mandated lead arrangers -
Emirates power policy must back green initiatives
As probably the world’s biggest per capita emitter of carbon dioxide, the UAE still has a long way to go -
Emirates Steel to approach banks for long-term loan in March
Abu Dhabi company needs to refinance $700m debt -
Four consortiums interested in Riyadh metro
Government will issue design and build tenders by the end of the first quarter -
Gulf airlines vie for market share
The increasing number of budget airlines operating in the Gulf has sparked a price war that has intensified during the downturn -
Hoteliers predict steady growth in Saudi Arabia
International hotel developers are tapping into the kingdom’s booming tourist trade, which continues to be buoyed by pilgrims, business travellers and economic growth -
Investors insure against risk of Emirates debt default
Investors plan to hedge positions because of economic volatility -
Iran Banking
The six leaders of the Iranian banking and finance community are: Mahmoud Bahmani, Mahmoud Reza Khavari, Mohammad Jahromi, Peyman Noori Brojerdi, Ali Divandari and Ali Soleimani Shayesteh -
John Buck cuts jobs as property market slows
Local real estate market performs poorly in 2009 -
Kuwait gives bidders more time to prepare Mina al-Ahmadi refinery prices
The refinery is located 45 kilometres from Kuwait City -
Mahmoud Reza Khavari
Mahmoud Reza Khavari is chairman, Bank Melli lran -
Masdar to launch carbon capture deal by year end
Deal is part of scheme to store carbon dioxide from Mussafah steel rolling mill -
Mohammad Jahromi
A key figure in the Iranian banking and finance community -
Mubadala prequalifies contractors for football stadium
Sports facility to be built in Capital City District -
Partners to make Shah sulphur transport decision in February
Decision is key to design of $10bn-plus project -
Peyman Noori Brojerdi
Peyman Noori Brojerdi is chairman, Bank Refah -
Q&A: Hassan Al-Fadala, Deputy CEO for Operations, Qatari Diar
Al-Fadala explains why the company has invested in Yemen and its plans elsewhere in the region -
Qatar receives bids for medical complex
Hamad Medical City to be built at Doha Asian Games site -
Qatargas to start talks over Ras Laffan gas deal
Contractors expect $1bn award in early February -
Qatari Diar
The government-backed real estate company has largely escaped the effects of the financial downturn -
Qatari Diar: MEED Assessment
The developer appears to be unbowed by the economic crisisand could have the good fortune to build during the ‘bust’ and sell in a future boom -
Riyadh spending to safeguard the future
In a bid to maintain its economic growth and diversify its economy, the kingdom is using its vast financial reserves to support an increasingly expansionist spending programme -
Saudi Aramco agrees financing terms for Jubail refinery
Deal expected to be one of biggest project financings of 2010 -
Saudi Electricity evaluates Rabigh 6 bids
Doosan Heavy Industries & Construction is low bidder for 2,800MW plant -
Saudi-US ties are crucial to peace
Saudi Arabia, as a long-standing ally, could play a critical role in helping Washington achieve it aims -
Seoul opens up a new Silk Road
South Korean firms won more than $71bn of contracts in the region last year. MEED charts their rise -
South Koreans rule - for now
The South Koreans’ contracting crown is now theirs to lose. Chinese firms are increasingly appearing on bid lists in the region -
Special Report: Saudi Arabia - Riyadh pushes peace talks
Riyadh is confident about its finances for 2010, having announced a 14 per cent rise in spending for the year ahead. It has allocated tens of billions of dollars to key sectors, including health, transport, telecoms and water -
Three firms prequalify to operate Sanaa and Aden airports
Malaysian, South Korean and French firms compete for contract -
Trade strengthens political alliance between Riyadh and Washington
Saudi Arabia’s long-standing relationship with the US has been fraught with differences in recent years, but strong economic ties are bolstering the fragile diplomatic alliance -
Two firms compete for Masdar headquarters deal
Building set to generate more energy than it consumes -
World Bank to decide on Amman-Zarqa railway in March
Construction could start in January 2011
Follow us if you want to interact with MEED, telling us you agree or disagree with our views, read the opinions of our journalists when they are travelling around the Middle East, or to simply have a live update of selected MEED news and blogs.
