MEED
Issue No 36 4 - 10 September 2009
View all stories from this issue.
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Abu Dhabi plans project to revamp its corniche
The Urban Planning Council is planning a project to upgrade the public facilities on Abu Dhabi Corniche. -
Al-Zour power and water scheme attracts strong interest
At least 10 groups line up for consultancy work on country’s first independent water and power project. -
Andrew Shaw
A top executive driving growth in the region’s energy cable sector -
Baghdad to decide fate of Rasheed real estate scheme
$20bn development is a test case for foreign investors seeking to buy land -
Banks will favour state projects in the Gulf
Any revival in the project finance market for the power and water sector will be limited. -
Burgan Bank
The Kuwaiti bank posted strong growth in the first half of the year despite the tough financial climate. -
Burgan Bank: MEED Assessment
The Kuwaiti bank’s expansion strategy and diversified balance sheet has helped it continue to grow its operating income -
Chinese firms in talks over Iranian railway deal
Tehran negotiates with state-owned companies over $2bn project to build line from Mashhad to Chabahar. -
Doha's development ambitions
Qatar is finalising a 25-year masterplan for economic development in the middle of a global downturn. -
Firms line up for two $1bn Adnoc oil deals
International contractors submit technical proposals for upgrades at Bab and Qusawirah oil fields. -
Frontrunner emerges for Abu Dhabi Metro project
The Adapt consortium has emerged as the frontrunner for the consultancy role on Abu Dhabi’s multi-billion-dollar metro project, the largest infrastructure project in the emirate. -
Gulf firms opt for bonds over bank loans
Islamic Development Bank is latest to issue a bond as international banks remain reluctant to lend. -
Gulf seeks entry to the atomic club
Plans for shared, regional nuclear power plants offer a potential solution to the Middle East’s growing demand for energy, and would help to allay Western concerns over the use of uranium. -
Hesham Helal el-Sewedy
A top executive driving growth in the region’s energy cable sector -
Hikmat Saaduddin al-Zaim
A top executive driving growth in the region’s energy cable sector -
Hussain Salman al-Lawati
A top executive driving growth in the region’s energy cable sector -
Investment law must be passed in Iraq
Political self-interest should not be allowed to delay critical steps to accelerate Iraq’s reconstruction. -
Khaled Alireza
A top executive driving growth in the region’s energy cable sector -
Making the case for wastewater recycling in the region
A combination of legislation and financial incentives will be needed to persuade the region’s developers to employ water reuse technology in new buildings. -
Manama to back first green power scheme
Bahrain plans to build a 5MW combined solar and wind power plant as part of the government’s effort to develop renewable energy sources in the country. -
Masterplan will protect Doha
When the Qatar National Masterplan is published in 2010, there will be no excuse for abandoned projects. -
Middle East bond market needs nurturing
An institutional investor base will be vital if the bond markets are to remain a significant funding source. -
Middle East cables
The top six executives driving growth in the region’s energy cable sector are: Andrew Shaw, Hussain Salman al-Lawati, Khaled Alireza, Hikmat Saaduddin al-Zaim, Sadek el-Sewedy and Hesham Helal el-Sewedy. -
Midmac Contracting and Six Construct win $490m deal to extend convention centre
A joint venture of Qatar’s Midmac Contracting Company and Belgium’s Six Construct has won a $490m contract to build an extension to the convention centre at Education City on the western edge of Doha. -
Oil recovery can cover cost rises for Adnoc
Adnoc is currently tendering projects worth more than $20bn. Prices are beginning to rise and the projects market is getting into gear. -
Power plant developer drops plan to sell assets in Jordan
AES Corporation will keep its 30 per cent stake in Amman East power plant. -
Regional funding markets begin to recover
The raising of $1.7bn from international banks for the Addur power and water project in Bahrain shows that confidence is returning to the lending markets, with state-sponsored schemes the first to benefit. -
Sadek el-Sewedy
A top executive driving growth in the region’s energy cable sector -
Securing regional water supplies for the future
With the region’s natural water resources becoming depleted, GCC governments are increasingly collaborating to better manage their reserves and reduce demand. -
Security problems in Iraq hinder rebuilding
Baghdad’s attempts to provide its citizens with clean water are being hampered by insurgent activity, while falling oil revenues mean funding for such projects will be cut in this year’s budget. -
Special Report: Power & Water - Gulf nuclear plans progress
The oil-rich GCC states should not be short of energy. Yet several have suffered power shortages in recent years. The problem lies with governments opting to sell gas globally at high prices, rather than to local power plants at subsidised rates. -
World Bank plans pilot power schemes in Yemen
Tenders for three coal-fired plants at Aden, Al-Hudaida and Mukalla are expected in September.
