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Bahrain_map_527x286px Bahrain+flag King_Hamad_bin_Isa_al_Khalifa; photo credit: Carl Court/AFP/Getty Images
Bahrain
Leader
King Hamad bin Isa al-Khalifa

Bahrain country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 25.7 22.9 25.7 29.0 30.4 32.2 33.5
GDP per capita ($) 32.983 22.072 23.233 25.728 26.368 27.435 27.965
Real GDP growth (annual change, %) 6.2 2.5 4.3 2.1 3.4 4.9 4.7
Government revenue (% of GDP) 27.9 20.1 22.7 26.0 26.7 23.3 27.8
Government total expenditure (% of GDP) 23.6 25.6 28.5 27.5 29.9 27.7 32.1
Total government debt (gross, % of GDP) 12.6 21.4 29.7 32.5 36.7 43.9 45.8
Current account balance (% of GDP) 8.8 2.4 3.0 11.2 7.3 12.0 10.4
Value of oil imports 7.2 4.4 5.4 7.5 7.5 7 6.5
Value of oil exports 13.8 8.9 10.2 15.5 17.2 16.6 15.8
Inflation (%) 3.5 2.8 2.0 -0.4 2.8 3.3 2.5
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: June 2013; *=Estimate

Doing busines in...

Bahrain

A Guide to Doing Business in Bahrain Subscription

11 December 2013 | By

Welcome to MEED’s Guide to Doing Business in Bahrain, the newest addition to MEED’s Business Guide series

Companies

Top Projects

Rank Project Name Sector Contract value ($m)
1 New Substations (49 nos.) Power 370
2 Bahrain Bay: Wyndham Grand Hotel (United Tower) Construction 250
3 East Sitra Housing Project: Dredging & Reclamation Package Construction 236
4 1,560 Houses at Southern Governorate Construction 203
5 Sukoon Tower Construction 146
6 Al Madina Al Shamaliya: Luwzi Construction 106
6 New Cardiac Centre At Awali Construction 106
8 King Hamad University Hospital: Oncology Centre Construction 84
9 Al Madina Al Shamaliya: Island 13 Construction 80
9 Al Madina Al Shamaliya: Island 14 Construction 80
Click through to the full data table on Bahrain's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in execution

Profile

Kuwait_map_527x286px Kuwait+flag Emir+Sheikh+Sabah+al-Ahmad+al-Jaber+al-Sabah
Kuwait
Leader
Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah

Kuwait country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 147.4 106 119.9 160.7 184.5 185.3 185.3
GDP per capita ($) 42,824 30,410 33,481 43.638 48.761 47.639 46.342
Real GDP growth (annual change, %) 2.5 -7.1 -2.4 6.3 6.2 0.8 2.6
Government revenue (% of GDP) 60.2 69.0 67.6 70.8 70.1 69.5 68.6
Government total expenditure (% of GDP) 40.4 42.2 43.1 37.5 36.0 40.5 43.4
Total government debt (gross, % of GDP) 9.5 11.0 10.9 8.2 6.4 5.3 5.1
Current account balance (% of GDP) 40.9 26.7 30.8 41.8 43.2 38.8 37.4
Value of oil imports 0 0 0 0 0 0 0
Value of oil exports 82.6 48.9 61.8 96.7* 105.9 100.7 96.9
Inflation (%) 6.3 4.6 4.5 4.9 3.2 2.7 3.4
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: June 2013; *=Estimate

Doing business in...

Public Authority for Housing Welfare, Kuwait Subscription

17 June 2013

Kuwait’s Public Authority for Housing Welfare (PAHW) is playing an increasingly important role in facilitating housing and public-private partnership projects

Top Projects

Rank Project Name Sector Contract value ($m)
1 Ratqa LFHO: Production Facilities/Support Complex/Tank Farm (Phase 1) Oil 4,000
2 Clean Fuels Project 2020: MAB (Package 1) Oil 3,700
3 Clean Fuels Project 2020: MAB (Package 2) Oil 3,400
4 Sheikh Jaber Al Ahmed Al Sabah Causeway (Subiya Causeway) Transport 2,600
5 Al Zour North IWPP: Phase 1: Power Plant Power 1,363
6 Al Diwan Al Amiri - Al Jahra Hospital Construction 1,285
7 Jaber Ahmed Al-Jabber Al-Sabah Hospital Construction 1,087
8 Al-Jahra Road Upgrade Transport 966
9 EW Treatment and Injection Plant (NK) Oil 946
10 Eight Hospitals Expansion: Al Farwaniya Hospital Expansion Construction 941
Click through to the full data table on Kuwait's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in execution

Profile

Oman_map_527x286px Oman+flag Sultan+Qaboos+bin+Said
Oman
Leader
Sultan Qaboos bin Said al-Said

Oman country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 60.7 48.2 58.8 70.0 78.3 80.6 82.3
GDP per capita ($) 21,808 16,734 23,351* 23,380 25.356 25.289 25.014
Real GDP growth (annual change, %) 13.2 3.3 5.6 4.5 5.0 5.1 3.4
Government revenue (% of GDP) 46.2 38.1 39.3 47.3 47.6 47.6 46.0
Government total expenditure (% of GDP) 29.4 38.4 33.8 38.2 43.1 41.7 45.4
Total government debt (gross, % of GDP) 4.7 6.7 5.5 5.5* 6.0 7.0 8.0
Current account balance (% of GDP) 8.3 -1.3 10.0 15.3 11.6 9.7 7.8
Value of oil imports 0 0 0 0 0 0 0
Value of oil exports 28.7 18.1 25.2 33.4 36.3 35.1 32.6
Inflation (%) 12.6 3.5 3.3 4.0 2.9 1.3 2.7
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: June 2013; *=Estimate

Doing business in...

Cover

Doing business in Oman Subscription

3 November 2013 | By

Welcome to MEED’s Guide to Doing Business in Oman

Top projects

Rank

Rank Project Name Sector Contract value  ($m)
1 Sohar Refinery Expansion Project Oil 2,100
2 Muscat & Salalah International Airport Expansion: Passenger Terminal: MC3 Transport 1,834
3 Khazzan & Makarem Fields: Central Processing Facility Gas 1,200
4 Muscat & Salalah International Airport Expansion: MC1 Transport 1,169
5 Redevelopment of Salalah International Airport: MC5 Transport 764
6 Salalah IPP 2 Power 630
7 New Hospital at Airport Heights Construction 555
8 Muscat & Salalah Airports: Cargo Terminals & MRO Hangars: MC12 Construction 518
9 Rabab - Harweel Integrated Project: Onplot Gas 500
9 Rabab - Harweel Integrated Project: Offplot Gas 500
Click through to the full data table on Oman's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects in execution

Profile

Qatar_map_527x286px Qatar+flag Sheikh Tamim bin Hamad al-Thani
Qatar
Leader
Emir Sheikh Tamim bin Hamad al-Thani

Qatar country datafile
Country overview
Government contacts

Country data

New Page 1
Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 115.3 97.8 125.1 171.5 192.4 202.6 213.8
GDP per capita ($) 74.189 59.935 76.413 100.410 104.756 100.260 96.635
Real GDP growth (annual change, %) 17.7 12 16.7 13.0 6.2 6.1 5.9
Government revenue (% of GDP) 35.0 44.5 31.4 34.6 40.1 41.5 38.8
Government total expenditure (% of GDP) 24.8 32.2 28.9 28.2 30.6 30.4 31.2
Total government debt (gross, % of GDP) 10.3 33.6 29.2 32.3 35.4 34.2 25.4
Current account balance (% of GDP) 23.1 6.5 19.0 30.3 32.4 29.2 25.4
Value of oil imports 0 0 0 0 0 0 0
Value of oil & gas exports 61.7 42.3 72.6 105.5 108.7 106.9 102.6
Inflation (%) 15.2 -4.9 -2.4 1.9 1.9 3.1 3.6
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Doing business in...

Qatar

MEED’s guide to doing business in Qatar Subscription

5 June 2014 | By

It is an exciting time in the country’s development and there are very few places in the world changing as radically as Qatar

Top Projects

Rank

Rank Project Name Sector Contract value ($m)
1 Qatar Integrated Rail Project: Doha Metro:
Systems, Rolling Stock and Track Work
Transport 4,129
2 Qatar Integrated Rail Project: Doha Metro:
Gold Line: Tunneling Works
Transport 3,300
3 Qatar Integrated Rail Project: LRT:
Lusail Light Rail: Phase II
Transport 2,722
4 Qatar Integrated Rail Project: Doha Metro
Green Line:
Tunneling/ Main Station Works
Transport 2,520
5 Education City: Research Institute (Qeeri) Sidra
Medical & Research Center
Construction 2,500
6 Qatar Integrated Rail Project: Doha Metro:
Red Line North: Tunneling Works
Transport 2,184
7 Barzan Gas Development: Onshore:
Phase 1
Gas 1,700
8 Expressway Programme: New Orbital
Highway & Truck Route (Contract 3)
Transport 1,691
9 Facility D IWPP: Combined Cycle
Power Plant
Power 1,560
10 Qatar Integrated Rail Project: Doha Metro:
Red Line South: Tunneling Works
Transport 1,500
Click through to the full data table on Qatar's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in construction

Profile

Saudi_Arabia_map_527x286px Saudi+Arabia+flag King+Salman+bin+Abdulaziz+al-Saud
Saudi Arabia
Leader
King Salman bin Abdulaziz al-Saud

Saudi Arabia country datafile
Country overview
Government contacts

Economy


Oil price drop hits Saudi Arabia

The latest data on Saudi Arabia from the IMF illustrates the impact the decline in oil prices is having on the kingdom’s economy. The country, which accounts for almost half of the GCC’s total GDP, is forecast to see a 14 per cent fall in GDP this year.


The IMF expects Saudi Arabia to begin to recover in 2016, but says that by 2020 government revenues will still be below 2014 levels and debt will be almost seven times higher.


Oil+price+drop

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 519.8 429.1 526.8 669.5 734.0 745.3 772.6
GDP per capita ($) 20,157 16,095 19,113* 23,594 25,139 24.847 25.229
Real GDP growth (annual change, %) 8.4 1.8 7.4 8.6 5.8 3.8 4.1
Government revenue (% of GDP) 60.5 36.0 41.6 47.5 50.3 44.4 42.6
Government total expenditure (% of GDP) 29.0 40.0 39.5 35.5 35.7 36.1 35.5
Total government debt (gross, % of GDP) 12.1 14.0 8.4 5.4 3.6 2.7 2.6
Current account balance (% of GDP) 25.5 4.9 12.7 23.7 24.4 17.4 15.8
Value of oil imports 0 0 0 0 0 0 0
Value of oil exports 281 163.1 215.2 317.6 350.3 327.1 309.1
Inflation (%) 6.1 4.1 3.8 3.7 2.9 3.5 3.0
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Doing business in...

Saudi Industrial Property Authority industrial cities Subscription

17 June 2013

Saudi Industrial Property Authority (Modon) was established in 2001 to develop industrial cities across Saudi Arabia

Companies

Top Projects

Rank

Rank Project Name Sector Contract value ($m)
1 Riyadh Light Rail Transit (Riyadh Metro): Lines 1 & 2 Transport 9,450
2 Haramain High-Speed Rail Network: Phase 2 Transport 8,396
3 Riyadh Light Rail Transit (Riyadh Metro): Lines 4, 5 & 6 Transport 7,820
4 Riyadh Light Rail Transit (Riyadh Metro): Line 3 Transport 5,942
5 King Abdulaziz International Airport (KAIA): Phase 1:
New Terminal: Package 1
Transport 4,034
6 Military Medical City in Riyadh: Phase 1 Construction 3,800
7 Housing Development: Phase 2 Construction 3,800
8 Abraj Kudai in Mecca Construction 3,500
9 Rabigh Power Plant Extension: Phase 6 Power 3,400
10 Rehabilitation Centres for Prisoners Construction 3,400
Click through to the full data table on Saudi Arabia's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in construction

Profile

Economy


UAE still exposed to crude market

Although the UAE has a more diversified economy than its GCC neighbours, economic forecasts from the IMF indicate it will still be significantly affected by the drop in oil prices. However, real GDP is expected to increase by 3.8 per cent this year.


The non-oil sectors have experienced robust growth, but the UAE, in particular its largest emirate Abu Dhabi, continues to be heavily exposed to the global crude export market


Oil

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 315.5 254.8 287.4 348.6 383.8 390.0 403.9
GDP per capita ($) 39.075 31.074 34.778 40.951* 43.774 43.185 43.424
Real GDP growth (annual change, %) 3.2 -4.8 1.7 3.9 4.4 4.0 3.9
Government revenue (% of GDP) 39.0 27.1 29.6 34.3 35.1 34.3 33.6
Government total expenditure (% of GDP) 17.5 27.6 25.0 23.3 21.8 23.3 22.7
Total government debt (gross, % of GDP) 12.5 23.9 22.1 17.4 16.6 16.7 16.8
Current account balance (% of GDP) 7.1 3.1 2.5 14.6 17.3 15.2 15.6
Value of oil imports 0 0 0 0 0 0 0
Value of oil exports 103 68.1 74.6 111.6 116.8* 116.4 113
Inflation (%) 6.6 1.2 0.9 0.8 1.1 2.0 2.5
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: June 2014

Doing business in...

A guide to doing business in the UAE

MEED’s guide to doing business in the UAE

February 2013 Online Content | By

An essential companion for anybody seeking to do business in or with the federation of the United Arab Emirates

Companies

Top Projects

Rank

Rank Project Name Sector Contract value ($m)
1 Baraka Nuclear Power Plant: Reactor 3 Power 4,000
2 Upper Zakum Full Field: Early Production Facility: Offshore: EPC 2 Oil 3,790
3 Baraka Nuclear Power Plant: Reactor 1 Power 3,100
4 Abu Dhabi Airport Expansion: Midfield Terminal Complex Transport 2,960
5 Baraka Nuclear Power Plant: Reactor 2 Power 2,500
6 Ruwais Carbon Black and Delayed Coker Project Oil 2,470
7 Dubai Pearl: Towers Construction 2,400
8 North East Bab Field Development: Phase 3: Al Dabbiya Field Oil 2,250
9 Baraka Nuclear Power Plant: Reactor 4 Power 2,000
9 Abu Dhabi Alumina Refinery (Shaheen) Industrial 2,000
Click through to the full data table on the UAE's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in execution

Profile

Algeria_map_527x286px Algeria+flag President_Abdelaziz_Bouteflika
Algeria
Leader
President Abdelaziz Bouteflika

Algeria country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 171.5 137.1 161.2 199.3 204.3 206.1 219.5
GDP per capita ($) 4,944 3.886 4.481 5.428 5.448 5.438 5.671
Real GDP growth (annual change, %) 2.4 1.6 3.6 2.8 3.3 2.7 4.3
Government revenue (% of GDP) 47.0 36.9 36.6 39.9 40.4 37.5 36.1
Government total expenditure (% of GDP) 37.9 42.3 37.0 40.3 44.6 37.4 37.5
Total government debt (gross, % of GDP) 8.8 10.8 11.7 9.9 9.6 9.2 9.7
Current account balance (% of GDP) 20.1 0.3 7.5 9.9 6.0 0.4 0.5
Value of oil imports 0 0 0 0 0 0 0
Value of oil exports 77.2 44.4 56.1 71.7 70.6 68.8 65.5
Inflation (%) 4.9 5.7 3.9 4.5 8.9 3.3 4.0
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014

Top Projects

Rank

Rank Project Name Sector Contract value ($m)
1 East-West Motorway Highway: Package 3 Transport 5,340
2 Jijel to El Eulmal Highway Link Transport 1,960
3 Oued Tlelat to Akid Abbès High Speed Rail Electrification: Phase 1 Transport 1,815
4 Oued Tlelat to Akid Abbès High Speed Rail Electrification: Phase 2 Transport 1,633
5 Algiers Grand Mosque Construction 1,500
5 Midstream Pipeline Network: Package 3 (GZ5) Gas 1,500
7 Ain Arnat CCGT Power Plant Power 1,400
8 700-bed Algiers General Hospital Construction 1,380
8 Reilzane - Tiaret - Tissem Railway Line Transport 1,300
10 Highland Highway Transport 1,250
Click through to the full data table on Algeria's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in execution

Profile

Egypt_map_527x286px Egypt+flag Abdul+Fattah+al-Sisi%2c+Egypt
Egypt
President
President Abdul Fattah al-Sisi

Egypt country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012 2013f 2014f
Nominal GDP ($bn) 162.4 188.6 218.8 235.6 262.3 271.4 286.1
GDP per capita ($) 2,160 2,453 2,780 2,930 3.179 3.226 3.333
Real GDP growth (annual change, %) 7.2 4.7 5.1 1.8 2.2 2.1 2.3
Government revenue (% of GDP) 28 27.7 25.1 22.0 22.1 23.0 26.7
Government total expenditure (% of GDP) 36.0 34.6 33.4 31.8 32.7 37.1 37.8
Total government debt (gross, % of GDP) 70.2 73.0 73.2 76.6 78.9 89.2 91.3
Current account balance (% of GDP) 0.5 -2.3 -2.0 -2.6 -3.9 -2.1 -1.3
Value of oil imports 9.6 7 5.2 9.3 11.8 12.5 12.5
Value of oil exports 11.2 7.9 8 10.2 11.2 11.3 10.7
Inflation (%) 11.7 16.2 11.7 11.1 8.7 6.9 10.7
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Top Projects

Rank

Rank Project Name Sector Contract value ($m)
1 Beni Suef Combined-Cycle Power Plant Power 4,000
2 Uptown Cairo Construction 2,100
3 New Suez Canal: 7 Tunnels Package Transport 2,000
4 Tahrir Petrochemicals Complex: Offsites & Utilities Chemical 1,950
5 New Giza Construction 1,800
5 Tahrir Petrochemicals Complex: Polyethylene Facility Chemical 1,800
5 Tahrir Petrochemicals Complex: Ethylene Cracker Chemical 1,800
8 Mostorod New Refinery: Hydrocracker Oil 1,500
8 New Suez Canal: Dredging Works: Lot 1,2,3 & 4 Construction 1,500
10 Mostorod New Refinery: Crude Distillation Unit Oil 1,400
Click through to the full data table on Egypt's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in execution

Profile

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 350.6 360.6 419.1 541.1 398.0 366.3 405.5
GDP per capita ($) 4,857 4,927 5,638 7.200* 5.229 4.751 5.193
Real GDP growth (annual change, %) 0.6 4.0 5.9 2.7 -5.6 -1.7 1.5
Government revenue (% of GDP) 25.4 23.6 24.2 19.7 15.0 13.9 12.4
Government total expenditure (% of GDP) 24.7 22.6 21.2 19.5 15.3 14.8 14.9
Total government debt (gross, % of GDP) 10.2 11.5 13.5 9.2 11.8 10.6 10.8
Current account balance (% of GDP) 6.5 2.6 6.5 11.0 6.6 8.1 5.2
Value of oil imports 5.6 3.6 1.7 1.1 0 0 0
Value of oil exports 86.6 70 90.2 118.2 67.4 52.7 44.5
Inflation (%) 25.3 10.8 12.4 21.5 30.5 35.2 23.0
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database, July 2014; *=Estimate

Top Projects

Rank Project Name Sector Contract value ($m)
1 South Pars Gas Field Development: Phases 20 & 21 Gas 9,000
2 South Pars Gas Field Development: Phases 17 & 18: Offshore Gas 7,000
3 West Ethylene Pipeline (WEP) Gas 5,501
4 South Pars Gas Field Development: Phases 19 : Offshore Gas 4,800
4 South Pars Gas Field Development: Phases 19 : Onshore Gas 4,800
6 Kish Gas Development: Phase 2 & 3 Gas 4,500
7 Tehran Metro: Line 6 Transport 4,000
7 Tehran Metro: Line 7 Transport 4,000
9 South Pars Gas Field Development: Phases 22 to 24: Onshore Gas 3,500
10 South Pars Gas Field Development: Phases 17 & 18: Onshore Gas 2,500
10 South Pars Gas Development: Phase 14: Onshore Gas 2,500
10 South Pars Gas Development: Phase 13: Offshore Gas 2,500
10 Persian Gulf Star Condensate Refinery Oil 2,500
10 South Pars Gas Development: Phase 14: Offshore Gas 2,500
10 South Pars Gas Development: Phase 13: Onshore Gas 2,500
Click through to the full data table on Iran's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in execution

Profile

Iraq_map_527x286px Iraq+flag Haider+al-Abadi
Iraq
Leader
Prime Minister Haider al-Abadi

Iraq country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011f 2012f 2013f 2014f
Nominal GDP ($bn) 131.6 111.7 138.5 185.8 216.0 229.3 248.3
GDP per capita ($) 4,328 3,575 4,374 5.687 6.410 6.594 6.923
Real GDP growth (annual change, %) 6.6 5.8 5.5 10.2 10.3 4.2 5.9
Government revenue (% of GDP) 56.4 46.2 45.4 48.1 47.4 43.2 43.1
Government total expenditure (% of GDP) 57.3 58.9 49.6 43.4 43.3 49.1 45.1
Total government debt (gross, % of GDP) 72.6 84.0 51.0 39.1 33.5 31.3 16.3
Current account balance (% of GDP) 12.8 -8.0 3.0 12.0 6.7* 0.0 1.0
Value of oil imports 2.8 1.4 2 3.4 5.3 5.8 6.3
Value of oil exports 60.7 38 51.2 79.4 93.8 101.1 108.6
Inflation (%) 2.7 -2.2 2.4 5.6 6.1 1.9 1.9
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014

Doing business in...

Iraq

MEED Guide to Doing Business: Seize the Iraq opportunity Subscription

16 February 2014 | By

This April, Iraq will hold its third round of parliamentary elections since the overthrow of Saddam Hussein’s regime in 2003

Companies

Top Projects

Rank Project Name Sector Contract value ($m)
1 Housing Complex in Basmaya Construction 8,000
2 Karbala New Refinery Oil 6,040
3 Zubaidiya Power Plant: Phase 1 & 2 Power 1,940
4 Kalak Refinery Third Expansion Oil 1,500
4 Baghdad Monorail: Phase 1 Transport 1,500
6 Iraq Energy City Construction 1,000
7 Maysan Gas Power Plant Power 950
8 badra Oil Field Development: Phase 2: CPF Gas 879
9 Zubair Field Development: North Degassing Station Oil 840
10 Zubair Field Development: Central Degassing Station Oil 818
Click through to the full data table on Iraq's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 22.0 23.8 26.4 28.9 31.0 33.9 36.5
GDP per capita ($) 3,757 3,987 4,326 4,618* 4,843 5,174 5,456
Real GDP growth (annual change, %) 7.2 5.5 2.3 2.6 2.7 3.3 3.5
Government revenue (% of GDP) 30.1 26.5 24.9 26.4 23.0 25.3 27.4
Government total expenditure (% of GDP) 34.4 35.0 30.4 33.2 31.2 30.6 31.8
Total government debt (gross, % of GDP) 60.2 64.8 67.1 70.7 80.2 87.7 91.3
Current account balance (% of GDP) -9.3 -3.3 -5.3 -12.0 -18.1 -11.0 -12.9
Value of oil imports 3.7 2.5 3.4 5.5 6.4 5.9 5.8
Value of oil exports 0 0 0 0 0 0 0
Inflation (%) 13.9 -0.7 5.0 4.4 4.6 5.5 3.0
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Companies

Top Projects

Rank

Rank Project Name Sector Contract value ($m)
1 Attarat Um Ghudran Power Plant Power 2,200
2 The Red Sea Astrarium Construction 1,550
3 Abdali Mall Construction 441
4 Saraya Aqaba: Phase 1: Jumeirah Al Qala'a & Qasr Al Aqaba Construction 350
5 Tafila Wind Farm Power 290
6 Caustic Soda and Chlorine Plant Expansion Chemical 250
7 Amer Group - Porto Dead Sea Construction 211
8 Saraya Holdings - Saraya Abdali W Amman Hotel Construction 200
9 Upgrade of Az Zarqa / Al-Azraq- Al-Oumary Road Section 1 Transport 198
10 The St. Regis Amman & The Residences Construction 197
Click through to the full data table on Jordan's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in execution

Profile

Lebanon_map_527x286px Lebanon+flag President_Michel_Suleiman
Lebanon
Selection process for new president is ongoing
Previous President Michel Suleiman

Lebanon country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012 2013f 2014f
Nominal GDP ($bn) 28.8 35.1 38.0 40.1 42.5 44.3 45.6
GDP per capita ($) 6.888 8.274 8.756 9.145 9.609 9.920 10.086
Real GDP growth (annual change, %) 9.1 10.3 8.0 2.0 1.5 1.0 1.0
Government revenue (% of GDP) 24.7 24.2 22.2 22.8 22.6 21.3 21.4
Government total expenditure (% of GDP) 34.7 32.3 29.7 28.7 31.3 30.7 32.9
Total government debt (gross, % of GDP) 163.1 145.6 138.4 133.9 135.7 139.7 147.6
Current account balance (% of GDP) -11.1 -12.6 -13.3 -15.7 -15.7 -16.2 -15.8
Value of oil imports 3.9 3.1 3.9 4.8 6.2 6.4 6.4
Value of oil exports 0 0 0 0 0 0 0
Inflation (%) 10.8 1.2 5.1 7.2 5.9 3.2 2..0
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Companies

Top Projects

Rank

Rank Project Name Sector Contract value ($m)
1 Venus Towers Construction 500
2 Beirut Terraces Construction 460
3 Litani Water Project: Phase 1 Water 330
4 Zouk Power Plant Expansion Power 260
5 Waterfront City: Phase 1 Construction 225
6 Forty Four Construction 200
7 Greater Beirut Water Supply Project (Tunnel & Transfer Lines) Water 193
8 Summerland Kempinski Hotel Construction 155
9 Sama Beirut Construction 150
9 3 Beirut Tower Construction 150
Click through to the full data table on Lebanon's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects in execution

Profile

Libya_map_527x286px New+Libya+flag Prime minister Abdullah al-Thani
Libya
Prime minister
Abdullah al-Thani

Libya country datafile
Country overview

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 87.2 63.1* 74.8 34.7 81.9 67.6 58.6
GDP per capita ($) 14,844* 10,574 12.358 5,840 13.581 11.046 9.439
Real GDP growth (annual change, %) 2.7 -0.8* 5 -62.1 104.5 -9.4 -7.8
Government revenue (% of GDP) 68.4 52.9 64.9 50.3* 71.6 65.2 44.2
Government total expenditure (% of GDP) 40.1 46.6 47.7 56.9* 45.7 63.6 73.2
Total government debt (gross, % of GDP) 0 0 0 0 0 0 0
Current account balance (% of GDP) 42.5 14.9* 19.5 9.1 35.4 -2.8 -27.7
Value of oil imports 3.3 2.8 4.5 4.9* 5.8 8.3 5.5
Value of oil exports 60.7 35.7 45.4 18.7* 61 63.1 60.6
Inflation (%) 10.4 2.4* 2.5 15.9 6.1 2.6 4.8
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Companies

Top Projects

Rank

Rank Project Name Sector Budget ($m)
1 Tripoli Harbour Breakwater Reconstruction Transport 222
Click through to the full data table on Libya's biggest projects, including project status
Click through to MEED's Q4 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2015; All projects are in execution

Country data

Iran 2008 2009 2010 2011 2012 2013f 2014f
Nominal GDP ($bn) 88.9 90.9 90.8 99.2 96.0 105.1 114.7
GDP per capita ($) 2,851 2,885 2,850 3,082 2,951 3,199 3,458
Real GDP growth (annual change, %) 5.6 4.8 3.6 5.0 2.7 4.5 3.9
Government revenue (% of GDP) 32.5 29.3 27.5 27.8 28.7 28.0 27.5
Government total expenditure (% of GDP) 31.8 31.1 31.9 34.5 36.1 33.4 32.4
Total government debt (gross, % of GDP) 48.2 48.0 51.3 54.4 60.2 61.9 62.7
Current account balance (% of GDP) -5.2 -5.4 -4.1 -8.0 -9.7 -7.4 -6.6
Value of oil imports 9.4 6.7 8.1 11.2 12.1 12.4 12.2
Value of oil & gas exports 0.4 0.3 0.2 0.6 0.7 0.9 0.9
Inflation (%) 3.9 1.0 1.0 0.9 1.3 1.9 2.5
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014

Companies

Top Projects

Rank

Rank Project Name Sector Contract value ($m)
1 Ch'Rafate City Construction 3,000
2 Safi IPP Power 1,800
3 Bahia Golf Beach Construction 1,200
4 Moroccan Solar Plan: Ouarzazate Solar IPP: Noor 1 (CSP) Power 1,100
5 Tangier-Mediterranean Container Port: Phase 2 Transport 1,095
6 Royal Ranches Marrakech Construction 850
7 Moroccan Solar Plan: Ouarzazate Solar IPP: Noor 3 (CSP) Power 770
8 Park Hyatt Marrakech Construction 750
8 Bab AlBahr Construction 750
10 Chbika Project: Phase 1 Construction 720
Click through to the full data table on Morocco's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects are in execution

Profile

South_Sudan_flag President_Salva_Kiir_Mayardit__South_Sudan Sudan_map_527x286px Sudan+flag President+Omar+Bashir
South Sudan Sudan
Leader Leader
President Salva Kiir Mayardit President Omar al-Bashir
 

Country overview
Government contacts

Country data

SudanIran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 54.5 53.1 65.6 67.3 63.0 70.1 63.3
GDP per capita ($) 1,430 1,359 1,635 2,061 1,881 2.040 1.794
Real GDP growth (annual change, %) 3.0 4.7 3.0 -1.2 -3.0 3.4 2.7
Government revenue (% of GDP) 24.0 15.5 19.3 18.0 9.8 9.9 11.7
Government total expenditure (% of GDP) 23.5 20.6