News and Analysis
Middle East business news and analysis and commentary across all sectors and countries.
Latest News
Saudi private sector credit growth levels off
Rising deposits and slower credit growth will put banks under additional pressure to lend
Westerngeco wins Kuwait survey contract
Kuwait deal worth $184m for onshore seismic survey
Riyadh invites bids for Saudi Stock Exchange tower
Contractors have until 25 March to submit bids for main construction package
India cancels Etisalat licence
Supreme Court of India rules against licensees
Oman releases three Sohar activists
Activists imprisoned for six months for taking part in unrest
Saudi corporates plan debt restructurings in 2012
Two firms have already appointed advisers to lead restructuring talks
QP and Shell seek adviser for $6.4bn petrochemicals scheme
Banks pitching to advise on fundraising for huge olefins scheme
Arab League withdraws observers from Syria
Observers had been in Syria since 26 December 2011
Kuwait receives bids for cancer centre
Nine groups submit bids for construction contract of the 600-bed facility
Assad Said submits low price for Jeddah hospital expansion project
A total of 13 groups submitted bids for the main construction package
Zain Saudi Arabia prepares for $2.7bn debt refinancing
Banks appointed for debt refinancing and rights issue planned for later this year
Kuwait rejects Acwa-led bid for Al-Zour North IWPP
Remaining four commercial bids for the private water and power plant to be opened on 5 February
KJO set to award contracts to McDermott and Daewoo
Contractors to be awarded offshore and onshore packages for Neutral Zone upgrade work
Sipchem tells contractors to revise bids for $500m plant
Bidders requested to resubmit bids for polybutylene terephthalate plant at complex in Jubail
Militia groups battle in Tripoli
Militias from Misrata and Zintan fight in Libyan capital
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Special Report
Construction Special Report: Foreign firms lose out to locals
In the wake of the global financial crisis and the subsequent property crash, government-backed infrastructure projects have become an important source of activity in the GCC construction sector
Analysis
An assertive Arab League
Efforts to lead the agenda on Syria are made more complicated by the disparate opposition
Bypassing the Strait of Hormuz
Any closure of the strategic oil transit route will hurt Iran, the Gulf and the rest of the world
Starving Tehran of cash
Sanctions that for years had little effect are now having a real impact on day-to-day life
Sheltering the masses in the Middle East
A year of regional unrest has made tackling the housing shortage a priority for governments
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