MEED
Issue No 32 7 - 13 August 2009
View all stories from this issue.
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Abu Dhabi awards Nasr production deal
Contract is one of the first awarded for an offshore field in four decades as emirate seeks to boost output. -
Airline legal dispute enters fresh phase
Nine aircraft ordered by Baghdad are impounded in Canada as Kuwaitis question ownership. -
Airlines must settle dispute
Another court case beckons, but the resolution of the 19-year aviation dispute between Iraq and Kuwait appears as remote as ever. The two countries' positions are becoming entrenched, making it harder to reach the swift solution that is both necessary and feasible. -
Airlines prepare for the upturn
Gulf airlines are continuing to expand their fleets, but many are adopting more prudent spending strategies while they wait for the sector to pick up. -
Airlines prepare for the upturn
Gulf airlines are continuing to expand their fleets, but many are adopting more prudent spending strategies while they wait for the sector to pick up. -
Amman needs foreign help
The fall of Saddam Hussein in 2003 was an economic disaster for Jordan. When the former Iraqi leader's reign ended, Jordan's supply of oil at preferential prices from its neighbour dried up. -
Amman unlocks energy potential
The kingdom plans to exploit its huge oil shale reserves to help end its reliance on imports. -
Charting a route through the downturn
With the five-year trade boom that underpinned the expansion of the Gulf shipping sector over, ship owners are struggling to fill their vessels and port operators face fierce competition for business. -
Dewa delays bid deadline for power package at Hassyan
Contractors express concern over latest attempt to tender delayed plant. -
Doha invites bids for airport work
Doha is inviting contractors to bid for a key contract on the $11bn New Doha International Airport (NDIA) project, the state's largest deal so far this year. -
Doha sets December deadline for New Doha Port tender
Qatar has set a bid deadline for the first major construction job at its multi-billion-dollar New Doha Port project in Mesaieed. -
Domestic strength key to growth of logistics sector
With global trade flows hit by the economic crisis, Gulf countries with strong local industries such as manufacturing will be benefit most from a series of planned infrastructure investments. -
Dubai adapts to services role
The economic downturn means the emirate is now being seen as a regional base for international construction companies, rather than as a source of contracting work. -
Energy demand will pick up over long term
In the middle of a global downturn, Abu Dhabi's decision to develop new offshore oil fields for the first time in 40 years seems incongruous. But the emirate has traditionally taken a long-term view when it comes to the energy sector, its chief source of income, and the plan to develop the Nasr and Umm al-Lulu fields is simply a continuation of this strategy. -
Energy major signs three-year contract for Risha gas field
UK's BP to produce and export hard to extract gas from site near Iraqi border. -
Firms line up for sixth phase of Fujairah terminal expansion
Fujairah-headquartered Vopak Horizons expects seven international firms to bid by the end of August on the sixth-phase expansion of its oil terminal in the northern emirate. -
Kuwait Islamic banking
Six key figures working in Kuwait’s Islamic finance sector: Mohammed Sulaiman al-Omar, Adil Ahmad, Fahed Faisal Boodai, Ayman Abdullah Boodai, Adnan Abdulaziz al-Bahar, Adnan al-Musallam. -
Mubadala delays bridge contract awards
State-backed company has put tender on hold for two bridges linking Abu Dhabi and Sowwah islands. -
Multiplex wins $272m resort deal
Australia's Multiplex has won an AED1bn ($272m) contract to build the Eastern Mangrove resort in Abu Dhabi. -
Nass Group
With its cautious expansion strategy, the Bahraini construction company risks outgrowing its home market. -
Nass Group: MEED Assessment
The group’s cautious approach to expanding abroad may seem sensible in light of the economic downturn -
Port operators press ahead with expansion
Despite a drop in trade, Middle East ports have been less affected by the global financial crisis than many of their peers, with planned increases in capacity in the UAE, Saudi Arabia, Jordan and Iraq set to continue. -
Port plans rely on trade upturn
The days of congestion at GCC ports are now little more than memories. The problems of last summer, when Jeddah Islamic Port had to turn away ships because of a lack of space, have been replaced by the far more serious problems of declining demand and questions over the viability of multi-billion-dollar expansions. -
Sanaa seeks $2bn bailout from Riyadh
Government needs money to pay for food and fuel imports after revenues from oil exports plummet. -
Special Report: Transport & Logistics - Transport sector needs an uplift in trade
The Gulf enjoyed a six-month delay before the international banking crisis, which began in late 2007, finally hit the region. A similar scenario now seems to be developing in the transport sector. -
Tripoli is right to tap investment
To say official statistics are hard to come by in Libya would be an understatement. So it comes as no surprise that there is no official estimate for the amount of water that the country will need by the middle of the next decade. -
Tripoli plans tenfold rise in water capacity
General Desalination Company to commission a series of new plants and expand existing facilities.
