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UAE News and Analysis

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Emaar Properties

Emaar revenues dip as Dubai real estate cools Subscription Required

30 October 2014 | By Colin Foreman

Emaar Properties’ profits up despite income fall

Wastewater

Living Legends Dubailand wastewater contract awarded Subscription Required

30 October 2014 | By Philippa Wilkinson

Metito wins deal for sewage treatment plant

Total outstanding sukuk

Finance is the key to Dubai’s Islamic economic vision Subscription Required

30 October 2014 | By Colin Foreman

Sovereign sukuk issuances are driving interest in Islamic finance

Adwea peak water supply

Suez Environment wins major Abu Dhabi and Oman contracts Subscription Required

29 October 2014 | By Andrew Roscoe

Work will include building desalination component of Abu Dhabi’s Mirfa project

Abu Dhabi revives Noor 1 solar project

Abu Dhabi revives Noor 1 solar project Subscription Required

29 October 2014 | By Philippa Wilkinson

At least 12 firms submitted expressions of interest on 26 October

Abu Dhabi

Contractors invited to bid for Tameer Towers Subscription Required

29 October 2014 | By Colin Foreman

Reem Island development stalled in 2009

Carbon Holdings is in negotiations with the UAE government over a $400m investment in its giant Tahrir petrochemicals complex

Carbon Holdings negotiates $400m UAE investment Subscription Required

29 October 2014 | By Wil Crisp

Planned Tahrir petrochemicals project will involve almost $5bn in construction contracts

Firms prepare prices for Abu Dhabi Warner Bros theme park

Firms prepare prices for Abu Dhabi Warner Bros theme park Subscription Required

29 October 2014 | By Colin Foreman

Project part of ongoing development of Yas Island

Firms submit final prices for Emirates catering facility

Firms submit final prices for Emirates catering facility Subscription Required

29 October 2014 | By Colin Foreman

Estimated $177m third-phase project will be built at Dubai International airport

The planned Dubai Creek Harbour development

Emaar and Dubai Holding reveal creek development plans Subscription Required

27 October 2014 | By Colin Foreman

New creek scheme is long-term project and will be three times bigger than Downtown Dubai

Construction on Saadiyat Island in Abu Dhabi

Prequalifications in for Saadiyat Island mall Subscription Required

27 October 2014 | By Colin Foreman

First package to be tendered for Abu Dhabi island mall scheme will be the enabling works

Abu Dhabi retail supply

Contractors submit prequalifications for Abu Dhabi shopping mall Subscription Required

26 October 2014 | By Colin Foreman

Retail centre is being built on Al-Maryah Island

Premier Inn

Premier Inn focuses on GCC expansion Subscription Required

23 October 2014 | By Philippa Wilkinson

More than 100 hotels projected over 20 years, seven announced, four in negotiations

District cooling

Tabreed awards $37m resort district cooling contract Subscription Required

23 October 2014 | By Philippa Wilkinson

SNC-Lavalin wins Meraasland Resort deal in Dubai

GCC aluminium production

Petrofac consortium wins deal on Abu Dhabi alumina refinery Subscription Required

22 October 2014 | By Mark Watts

Emirates Global Aluminium raw materials project expected to be completed by end of 2017

In Abu Dhabi, new buildings must have a rating of at least one pearl and all government buildings must achieve a minimum of two

Lowest price wins must end for contract awards Subscription Required

21 October 2014 | By Robert Jones

Focus on cheapest bid hampering sustainable building development  

Abu Dhabi Marine Operating Company signs enhanced oil recovery deal with BP

Adma-Opco signs enhanced oil recovery deal with BP Subscription Required

20 October 2014 | By Mark Watts

Emirate looking to develop technology similar to that used at UK field

Abu Dhabi starts production at Umm al-Lulu field

Abu Dhabi starts production at Umm al-Lulu field Subscription Required

20 October 2014 | By Mark Watts

First development phase complete as Adma-Opco works on full-field development

Healthcare and education start-up Amanat Holdings has launched the subscription period for its IPO on Dubai's financial exchange

Amanat launches IPO subscription in Dubai Subscription Required

20 October 2014 | By Rebecca Spong

Company aims to be region’s largest healthcare and education entity

Siemens low bidder for Jebel Ali M Station expansion

Siemens low bidder for Jebel Ali M Station expansion Subscription Required

19 October 2014 | By Andrew Roscoe

10 groups submitted bids for 600MW capacity expansion

Analysis

Challenge: One barrier to developing alternative energy is the existence of fuel subsidies in the region

Region set to miss 2020 renewables target Subscription Required

30 October 2014 | By Philippa Wilkinson

Lack of regulatory frameworks holds back development of alternative energy in the Middle East and North Africa

Nationals in petrochemicals workforce

GCC chemicals industry creating local jobs with varied success Subscription Required

14 October 2014 | By Mark Watts

Industry group says almost 150,000 people directly employed in regional chemicals sector

Selected GCC industrial EPC awards

GCC hits slump in non-oil industrial spending Subscription Required

1 October 2014 | By Mark Watts

Contract spending on industrial projects has dropped for four years with only $1.5bn awarded to date in 2014

Stability: Speculators have left Dubai’s property market, following new legislation introduced at the end of 2013

Dubai real estate market shows signs of maturity Subscription Required

25 September 2014 | By Colin Foreman

After 12 years of dramatic ups and downs, the property market is now moving towards sustainable growth

GCC oil and gas awards

GCC oil and gas spend hits long-term high in 2014 Subscription Required

16 September 2014 | By Mark Watts

Six-country bloc has invested $29bn to date driven by resurgence in Kuwait projects

Mohammed bin Rashid al-Maktoum Solar Park

Dubai commits to sustainability Subscription Required

10 September 2014 | By Andrew Roscoe

As one of the only renewable energy programmes to have made any real progress in the Middle East, Dubai is taking great strides with its integrated strategy

Dubai financial markets performance

Investor appetite for Emaar places pressure on DFM Subscription Required

8 September 2014 | By Rebecca Spong

Success of Emaar’s mall group listing could herald growth for initial public offerings

Dubai investment

Foreign investors buy into Dubai’s vision Subscription Required

28 August 2014 | By Rebecca Spong

Projects in the emirate are moving forward with foreign funding

Risk ratings in the Middle East and North Africa

Navigating regional political and security risk Subscription Required

17 August 2014 | By Rebecca Spong

Investors face a widening and complex web of risks in the Middle East and North Africa region

Top 100 projects, Q2 2014

Top 100 projects index dips Subscription Required

14 August 2014 | By Robert Jones

Small fall in the total value of the Middle East’s biggest projects, but further pressure expected due to fighting in Iraq

Rigs operating in the Middle East and North Africa, June 2014

Middle East rig count on the rise Subscription Required

31 July 2014 | By Kevin Baxter

The region is now the world’s second-biggest market for operating oil rigs

The Louvre Abu Dhabi

The GCC’s growing art spend Subscription Required

24 July 2014 | By Austyn Allison

Qatar and Abu Dhabi are among the states muscling in on the international art market

Dubai Mall

Dubai's 13 biggest shopping mall developments Subscription Required

21 July 2014 | By Colin Foreman

Mall of the World tops the $2.7bn-worth of Dubai-based shopping centre projects in MEED’s list

UAE upstream

UAE upstream awards dominated by Petrofac and NPCC Subscription Required

16 July 2014 | By Mark Watts

Nasr award brings total National Petroleum Construction Company haul to $4.3bn since 2012

Additional capacity requirements 2013-20

Mirfa IWPP marks first private utility award of the year Subscription Required

9 July 2014 | By Andrew Roscoe

Three independent utility schemes were awarded in 2013

Dubai Multi-Commodities Centre

DMCC fuels commodity flows through Dubai Subscription Required

8 July 2014 | By Rebecca Spong

Dubai’s diamond and gold trade soars

Markets

Market regulators must toughen up Subscription Required

3 July 2014 | By Melissa Song Loong

The sharp fall in UAE contractor Arabtec’s share price has led to calls for tougher regulation

Al-Mahmoudi: Relationship with Dubai very important

Regional market key to Sharjah's economic growth Subscription Required

3 July 2014 | By Colin Foreman

Hussain Mohamed al-Mahmoudi, the director-general of Sharjah Chamber of Commerce, highlights the role trade plays in Sharjah’s economic growth

Oil offshore

Oil exporters put the brakes on spending Subscription Required

12 June 2014 | By Dominc Dudley

Oil exporters are starting to trim spending to keep budgets more in line with oil prices

Oil prices and Middle East oil production

Stable oil prices expected in 2014 Subscription Required

11 June 2014 | By Kevin Baxter

Energy Information Administration forecasts average prices of almost $105 a barrel  

Comment

Dubai creek

Dubai returns to the creek

30 October 2014 | By Colin Foreman

New waterfront developments are being built in Old Dubai

Meydan's reputation for cashing in bonds has not stopped it from attracting bids from seven of the region’s leading contractors for its new Entisar Tower project on Dubai’s Sheikh Zayed Road

Contractors try to forget clients cashing in bonds

23 October 2014 | By Colin Foreman

Even clients with reputations for treating firms unfairly are attracting bids as Dubai’s property market continues with its resurgence

Dubai serious about power

Dubai serious about power

16 October 2014 | By Andrew Roscoe

Emirate is making sure it avoids the potential supply shortfall facing Abu Dhabi

Dubal participation in Dubai IPP raises interesting questions

Dubal participation in Dubai IPP raises questions

9 October 2014 | By Andrew Roscoe

Selection of government company may contradict emirate’s liberalisation goals

Dubai Financial Market

Exchanges vie for African company listings

6 October 2014 | By Rebecca Spong

Dubai and London bourses compete for North African business

Dubai’s planned energy programme states that by 2030, 12 per cent of its power will come from coal

Can coal ever be clean?

25 September 2014 | By Robert Jones

Doubts emerge over carbon capture as UAE considers expanding on coal use

The Energy Ministry estimates that by 2020, about a quarter of the country's power will be generated by the nuclear sector, after the start-up of the nuclear reactor in Abu Dhabi in 2017

UAE shifts energy priorities

25 September 2014 | By Mark Watts

New Energy Ministry directorate designed to face changing landscape in global energy sector

Speculators have left Dubai's property market and, as a result, demand and prices have cooled

Dubai real estate market undergoes transition

25 September 2014 | By Colin Foreman

Evolution into a more mature market will bring new investors

Al-Maktoum International airport, in Dubai

UK in front for world's largest airport

18 September 2014 | By Colin Foreman

New airport, not the Expo, is the largest Dubai construction scheme

Bahrain Financial Harbour

GCC states diversify their funding options

11 September 2014 | By Rebecca Spong

Bahrain and Sharjah look for new investors

It is too early to tell whether the late August air strikes targeting Islamist-linked Libyan militias portend a longer and deeper UAE engagement, but a precedent has been set

Abu Dhabi adopts assertive stance

10 September 2014 | By James Gavin

The UAE’s military intervention in Libya shows it is ready to act in defence of its regional interests

Dubai airport

UAE firms have edge for Bahrain airport

1 September 2014 | By Colin Foreman

Dubai and Abu Dhabi-based firms will receive preferential treatment

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