Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We have assumed we have your consent to use cookies so, for example, you won't need to log in each time you visit our site.
Learn more

Latest News from MEED

Ras Tanura refinery

Saudi Arabia prepares to tender Ras Tanura clean fuelsSubscription

25 November, 2015 By

International companies prequalify for two major packages on Gulf coast aromatic project

Power plant

Kuwait to tender Al-Khiran IWPP in early 2016Subscription

25 November, 2015 By

Project will be Kuwait’s third independent water and power project

Gas pipeline construction

Petrojet wins Oman gas pipeline contractSubscription

25 November, 2015 By

Oman Gas Company awards deal to build 85km pipeline to supply gas to Salalah

Imam Khomeini International airport, Iran

Dutch firm frontrunner for Iran's airport city dealSubscription

25 November, 2015 By

Award likely to be hampered by regulatory and finance constraints


Al-Jaber Group seeks amendments in $4bn debt restructuringSubscription

25 November, 2015 By Sarmad Khan

Abu Dhabi-based company negotiating with committee of banks

Iran plans to tender 17 oil and gas blocks

Iran plans to ramp up gas productionSubscription

25 November, 2015

Increase would make the Islamic Republic the world’s biggest natural gas producer


Kuwait forms new body to develop road projectsSubscription

25 November, 2015 By

New public body will also oversee operation of planned metro and railway projects

Kuwait housing

Kuwait plans new citiesSubscription

25 November, 2015 By

Housing developments to be built with private sector participation

Cement plant

German group wins major Saudi cement dealSubscription

25 November, 2015 By

Firm to build two clinker lines close to Riyadh


Kuwait to shut Shuaiba refinery by April 2017Subscription

25 November, 2015 By

Refinery is being closed as part of Clean Fuels Project


Kuwait prepares rail tendersSubscription

25 November, 2015 By

Government aims to start work on projects in 2017


Kuwait sees record project awardsSubscription

25 November, 2015 By

A total of $30.1bn-worth of contracts have been awarded so far this year


Kuwait to spend $93bn in new development planSubscription

25 November, 2015 By

This will involve significant investment from the private sector


World Bank set to release $1bn to EgyptSubscription

25 November, 2015 By

Cairo finds itself reverting back to support from international financial institutions

Russian fighter jets

Turkey downs Russian jet near Syrian borderSubscription

25 November, 2015 By

Turkey is the first Nato member to shoot down a Russian plane in over half a century

Metro remains in Kuwait’s top agenda

World Bank recommends measures to reduce procurement times in KuwaitSubscription

25 November, 2015 By

Government has formed a committee to study proposals

Hospital construction

Kuwait planning two major new hospital projectsSubscription

25 November, 2015 By

New hospital at Sabah al-Ahmad is planned to have 1,000 beds


Construction sector faces cash-flow crisisSubscription

24 November, 2015 By , Sarmad Khan

Clients have delayed payments as government revenues fall on oil price slump

Design for Oman Liwa Plastics project complete

CB&I team wins largest Liwa Plastics packageSubscription

24 November, 2015 By

The total cost of the Oman scheme is expected to be $5.2bn

Kuwait reviews bids for key road projects

Kuwait pushes ahead with PPP programmeSubscription

24 November, 2015 By

Seven projects in procurement stages and more are planned

Kuwait could tender Al-Zour North 2 and Al-Khiran independent water and power projects in 2015

Al-Zour North 1 to reach commercial operation in November 2016Subscription

24 November, 2015 By

Project is Kuwait’s first independent water and power project

Dubai construction

Drake & Scull wins two contractsSubscription

24 November, 2015 By

DSI appointed for work on Abu Dhabi mixed use development and Dubai district cooling plants 

Palm monorail

Nakheel extends Palm monorail contractSubscription

24 November, 2015 By

UK’s Serco to operate and maintain rail link for another five years


Rail sector heads to a very cautious 2016Subscription

24 November, 2015 By

Value of contract awards declines by over 30 per cent year-on-year

Lebanon exports

Beirut seeks more Eurobonds in 2016Subscription

24 November, 2015 By

The new legislation allows the government to issue new Eurobonds of more than $3bn next year

Saudi Arabia forms $10bn investment fund

Saudi Arabia to impose 2.5 per cent land taxSubscription

24 November, 2015 By

According to government statistics, there are currently 750,000 families eligible for public housing

Electricity transmission

Kuwait signs Egypt-Saudi electricity link funding dealSubscription

24 November, 2015 By

The 25-year loan will cover 15 per cent of the Egyptian side of the project

Hezbollah fighters

Lebanon appoints US consultant to improve border securitySubscription

24 November, 2015 By

The neighbouring Syrian war has had a significant security impact on Lebanon

Nassef Sawiris, CEO of Orascom Construction

Orascom reports third quarter results Subscription

24 November, 2015 By

Net income of $24.5m on $1.1bn of revenues

Power plant

Saudi Arabia sets submission date for 3,780MW power plantSubscription

23 November, 2015 By

Integrated solar combined-cycle plant will be one of the kingdom’s largest power generation facilities

Liquefied natural gas tankers

Bahrain to award gas terminal dealSubscription

23 November, 2015 By

Project to help plug shortage of natural gas supplies

Amal Abdullah Juma Karam al-Qubaisi

UAE federal authority appoints first female chairpersonSubscription

23 November, 2015 By

Al-Qubaisi’s appointment seen as historic across the GCC states


Mubadala and IBM unveil joint ventureSubscription

23 November, 2015 By

Newly formed company to develop and deliver cognitive computing solutions