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Latest News from MEED

Construction at Dubai Parks & Resorts theme park development in the Jebel Ali area of Dubai

Dubai Parks and Resorts confirms 2016 opening Subscription

24 May 2015 | By

Works 17 per cent complete by value

Jordan

Jordan plans $20bn of projects Subscription

24 May 2015 | By

2025 plan will be largely driven by public private initiatives

Gas plant

Saudi Aramco extends gas plant tender Subscription

24 May 2015 | By

Contractors given more time for largest hydrocarbons project of the year

Water pipeline

Oman tenders water networks operations Subscription

24 May 2015 | By

Contracts split into thirteen areas

Power

Al-Zour North 1 starts generation Subscription

24 May 2015 | By

New capacity will cover summer demand peaks

Egypt military establishes private contractor

Egypt military establishes private contractor Subscription

24 May 2015 | By

Country anticipates construction boom

Liquefied natural gas

Egypt prepares for LNG purchase tender Subscription

24 May 2015

Imports to be through second floating storage regasification unit

Lebanon spends $1bn arms grant

Lebanon to tackle infrastructure bottlenecks Subscription

24 May 2015 | By

Beirut to increase capital expenditure on infrastructure following years of limited government spending

Bahrain

Bahrain's Arcapita sells US retailer Subscription

24 May 2015 | By

Investment firm has delivered $2.5bn in exit proceedings over past two years

Power plant generator

Investors respond positively to Sur IPO Subscription

24 May 2015 | By

Listings in Oman are driven by government priorities

The Dubai Parks & Resorts project comprises three parks: Motiongate, Bollywood Park and Legoland

Dubai Parks & Resorts eyes future expansions Subscription

24 May 2015 | By

Half of land on site still available for further development

Bigger threat: Riyadh will have to deal with Isis first

Isis affiliate claims Saudi mosque attack Subscription

24 May 2015 | By

The 22 May attack left at least 21 dead

Property surge: There are fears another housing bubble is forming in Dubai

Dubai property values drop Subscription

21 May 2015 | By

Dubai home values dropped in the first quarter of this year as a subdued market continues to struggle with supply and demand

Tunisia's President Beji Caid Essebsi

US commits to Tunisia’s security Subscription

21 May 2015 | By

Tunisian leader on state visit to Washington

Qatar Petroleum

Wintershall pulls out of Qatar Subscription

21 May 2015 | By

German oil company abandons gas field concession

Refinery

Al-Zour refinery bidders asked to renew bonds Subscription

21 May 2015 | By

Budget increase for the three process packages is yet to be approved

Oil storage

Audex awarded $231m of work on Fujairah oil storage Subscription

21 May 2015 | By

Singapore group to build oil storage terminals for two companies at UAE port

Oil well

Kuwait manifold contract expected to be awarded in June Subscription

21 May 2015 | By

UK-based company is low-bidder on the project

Refinery

Salalah LPG extraction plant design awarded Subscription

21 May 2015

CB&I and Petrofac carrying out study on southern Oman project

China’s Zhongman wins West Qurna-2 drilling contract in Iraq

Chinese group wins $527m Iraq drilling contract Subscription

21 May 2015 | By

Zhongman to drill production wells for 28 months at West Qurna-2 field

Power station

Waad al-Shamal deadline extended Subscription

21 May 2015 | By

Technical bids were submitted in October

Al-Wakrah Stadium

Contractors due to bid for Qatar World Cup stadium Subscription

21 May 2015 | By

Enabling works on the 45,000 seat stadium started in 2014

Power plant

Dubal extends deadline for power plant expansion Subscription

21 May 2015 | By

Project will expand captive power plant capacity for aluminium producer

Rig

Work ramps up on Kuwait’s Lower Fars field development Subscription

21 May 2015 | By

Surveys are under way and construction is due to start in the first quarter of 2016

Construction

Jabal Omar Development secures loan Subscription

21 May 2015 | By

Islamic financing for Mecca development

Divisive: The Muslim Brotherhood has called on Egyptians to “reclaim the democracy they fought so hard for”

Egypt appoints Brotherhood critic as justice minister Subscription

21 May 2015 | By

 Ahmed el-Zend of the Muslim Brotherhood has been appointed as Egypt’s new justice minister

Muscat Securities Exchange

Bank Nizwa opts out of merger Subscription

21 May 2015 | By

Two other financial institutions express interest

Offshore rig

Dynamic Industries confirms Aramco award Subscription

21 May 2015 | By

US brownfield specialist one of four signatories of long-term contract for offshore work

Six groups have submitted bids for the contract to develop Iraq’s first publicly tendered independent power project

Emal evaluates bids for power project Subscription

21 May 2015 | By

Expansion will boost capacity by 235MW

Oil storage

Bidders on Al-Zour package four prepare to submit new bids Subscription

21 May 2015 | By

All four have picked up the new tender documents

Temporary offices

Clean Fuels construction to start before the end of July Subscription

21 May 2015 | By

Preliminary works for the Kuwaiti megaproject are ongoing

UK firm wins Al-Maktoum airport contract

Export credit agencies teaming up for Dubai airport funding Subscription

21 May 2015 | By

UK offered $2bn of export credit guarantees in 2014

Islamic bonds

Lack of liquidity stifling sukuk market Subscription

21 May 2015 | By

Experts call for more corporate issuance

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