MEED
Issue No 33 14 - 20 August 2009
View all stories from this issue.
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Abu Dhabi construction market risks following Dubai
Developers are at the mercy of the same constraints affecting Dubai: diminishing real estate revenues. -
Abu Dhabi sets deadline for gas deals despite losing bidders
Nine of 20 prequalified firms say they did not submit technical bids on time. -
Abu Dhabi should pace oil and gas awards
The danger for Abu Dhabi lies in pushing deals through too quickly. Overstretched engineers trying to cut costs will not benefit the emirate. -
Abu Dhabi to tender presidential palace construction deal
The UAE's Presidential Affairs Ministry plans to tender the contract to build a new presidential palace in Abu Dhabi by the end of this year. -
Adnoc prequalifies 10 firms for Shah gas deal
National oil company sets December technical bid deadline for final major construction package. -
Al-Khabeer
The Saudi investment bank aims to expand its corporate and structured finance business. -
Al-Khabeer: MEED Assessment
The Saudi investment bank is still a young company and competition in the Islamic banking sector is getting tougher -
Bahrain reversing the trend for overseas care
Manama aims to tap into the lucrative ‘health tourism’ market by developing facilities such as Bahrain Health Oasis that can provide medical services to foreign nationals as well as its own population. -
Doha launches expansion of Ras Laffan condensate plant
State to double refinery capacity following boost in output from North field. -
Fairmont hotel in Abu Dhabi to be retendered
National Investment Corporation is to retender its Fairmont hotel development by early 2010 at the latest, one contractor close to the project tells MEED. -
Falling sales stall real estate development in Abu Dhabi
With revenues from land sales down, Abu Dhabi developers are holding back from awarding contracts. -
Falling sales stall real estate development in Abu Dhabi
With revenues from land sales down, Abu Dhabi developers are holding back from awarding contracts. -
Gecol seeks to cut cost of Tripoli West power plant
State-run power plant developer asks contractors to submit lower prices for work awarded in 2007. -
Gulf bringing in the global pharmaceutical leaders
With demand for medicines growing rapidly in the region, Gulf states are attracting major international drug companies to set up research and manufacturing facilities. -
Gulf states turn to the private sector for project finance
With banks reluctant to offer debt financing on new projects, private equity investors are increasingly taking the opportunity to enter the Gulf’s growing healthcare sector. -
Gulf will have to invest in medics
Efforts to raise healthcare standards could be thwarted by a shortage of qualified medical staff. -
Jobs dispute: Gulf Air chief deserves a period of grace
Trade union claims Gulf Air is exaggerating the findings of disciplinary hearings to cut jobs. -
Kuwait launches first public-private partnership power scheme
The newly created Partnerships Technical Bureau is to oversee Kuwait’s first public-private partnership (PPP) scheme, which will take the form of an independent water and power project (IWPP). -
Kuwaiti operators award $430m worth of maintenance deals
Gulf Spic and Kharafi National win two contracts each as state's plans stall. -
Libya's need for power outweighs cost
Tripoli should be more concerned with meeting its citizens' power needs than with squeezing contractors' profit margins. -
Mena gas industry
The six leading strategists in the Middle East & North Africa gas sector are: Abdullah bin Hamad bin Khalifah al-Attiyah, Faisal al-Suwaidi, Reza Kasaeizadeh, Brian Buckley and Chakib Khelil. -
National Oil Corporation confirms reviews of Libyan output target
Tripoli has confirmed that it is reviewing its target of producing 3 million barrels a day (b/d) of oil by 2015. -
Q&A: Ammar Shata, Executive Director, Al-Khabeer
The company is focused on Saudi Arabia, catering mainly to middle-market businesses and family companies -
Riyadh compensates Nas Air and Sama
Low-cost airlines to receive interest-free loans of $53m each to cover losses made due to domestic fare cap. -
Riyadh plans $2bn military upgrade
Riyadh plans to upgrade its military air navigation and communication systems in two deals worth more than $2bn. -
Saudi Aramco increases capacities of planned gas facilities
State-run energy giant Saudi Aramco has revised the scope of two of its largest planned gas plants as contractors prepare to bid for the schemes, which are intended to boost the kingdom's production. -
Sirte reviews gas plant upgrade in Libya after contractors cancel bids
The state-run Sirte Oil Company (SOC) has launched a fresh review of the first phase of its scheme to upgrade Libya's only liquefied natural gas (LNG) plant after several contractors cancelled their bids to build the facility. -
Special Report: Healthcare & Pharmaceuticals - Private equity funds growth
Improving the quality of healthcare is a critical policy challenge for governments across the GCC, with heavy investment needed to build large, modern facilities after decades of underinvestment. -
The Gulf's health challenge
The GCC countries are investing billions in developing modern medical facilities to cope with rapid population growth, but recruiting qualified staff remains a problem. -
Three in line for Hudayriat bridge work in Abu Dhabi
The local Tourism & Development Investment Company (TDIC) has shortlisted three groups for a contract to build a road bridge connecting the islands of Abu Dhabi and Hudayriat. -
Union challenges Gulf Air over jobs cull
Staff representatives say move is start of long-term bid to reduce the headcount and streamline operations.
