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This Week's News from MEED

Premier Inn

Premier Inn focuses on GCC expansion Subscription

23 October 2014 | By

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

Oman in talks to buy local assets of Occidental Petroleum

Oman in talks to buy local assets of Occidental Petroleum Subscription

23 October 2014 | By

Oman Oil Company waiting for US firm to specify terms of acquisition

District cooling

Tabreed awards $37m resort district cooling contract Subscription

23 October 2014 | By

SNC-Lavalin wins Meraasland Resort deal in Dubai

Given the rising volumes of passengers travelling on the Dubai Metro, the region is beginning to establish a track record that lenders and bankers could use to predict whether project finance debts can be repaid

Project financing could be used for Gulf railways Subscription

23 October 2014 | By

New funding options for metro and rail projects under consideration

Water pumping station

Oman begins work on water distribution project Subscription

23 October 2014 | By

Construction of 695km of pipeline has begun

GCC aluminium production

Petrofac consortium wins deal on Abu Dhabi alumina refinery Subscription

22 October 2014 | By

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

Al-Sawfa Cement awards $127m plant deal

Al-Sawfa Cement awards $127m plant deal Subscription

22 October 2014 | By

Germany’s ThyssenKrupp Industrial Solutions wins deal to build production line

Water treatment

Dodsal starts work on Kuwait water plant Subscription

22 October 2014 | By

Dubai-based firm was awarded the contract on 15 September

Aramco gas exports

Aramco awards Sepco $1.3bn gas contract Subscription

22 October 2014 | By

Chinese contractor secures booster compressor stations deal after close bid round

Kuwait Energy strikes oil in Egypt

Kuwait Energy strikes oil in Egypt Subscription

22 October 2014 | By

CEO says find has potential to boost daily production levels

Qatar awards mega reservoirs contracts

Qatar awards mega reservoirs contracts Subscription

22 October 2014 | By ,

Work involves building pipelines that will link reservoirs and new desalination scheme with water network

Desalination

Deadline extended for Saudi desalination contracts Subscription

22 October 2014 | By

Work will involve building three desalination plants

Kuwait Oil Company has issued a tender for a project to construct a water treatment centre in North Kuwait

Kuwait tenders water treatment centre Subscription

22 October 2014 | By

Processing plant to be located in North Kuwait

Jeddah-headquartered asset manager Sedco Capital is looking to increase the distribution of its sharia-compliant funds outside its client base in Saudi Arabia

Sedco Capital looks for clients outside Saudi Arabia Subscription

21 October 2014 | By

Saudi firm targets ethically focused investors

Amman set to join global climate leadership group

Amman set to join global climate leadership group Subscription

21 October 2014 | By

Jordan’s capital expected to become member of C40 group of major world cities

Construction

Saudi Aramco tenders 2,500 villa contract Subscription

21 October 2014 | By

Work will also involve providing supporting infrastructure

Egypt’s outlook has been upgraded from negative to stable by US ratings agency Moody’s Investors Service

Moody's upgrades Egypt outlook to stable Subscription

21 October 2014 | By

Increased political stability drives decision by ratings agency

Stock market

Mezzan aims for listing on Kuwait exchange Subscription

21 October 2014 | By

Offering pends approval from regulators

Saudi Arabia’s Umm al-Qura for Development & Construction Company is expected to award the the estimated SR6bn ($1.6bn) contract to design and build infrastructure for the King Abdul Aziz Road development project by the end of October

Saudi Arabia to award King Abdul Aziz Road in October Subscription

21 October 2014 | By

Two bidders shortlisted for infrastructure contract

The Sharq Crossing project involves building three bridges interconnected by subsea tunnels

Doha receives Sharq Crossing prequalifications Subscription

21 October 2014 | By

Estimated $12bn project split into eight packages

Aramco sets stadium construction award date

Aramco sets stadium construction award date Subscription

21 October 2014 | By

Nine groups preparing to submit bids for programme

London-listed Genel Energy has struck oil in Morocco’s offshore Sidi Moussa block

Genel Energy strikes oil in Morocco Subscription

21 October 2014 | By

Find could be country’s first commercial oil discovery

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

21 October 2014 | By

Focus on cheapest bid hampering sustainable building development  

Saudi Arabia planned rail networks

Saudi Railway Company to prequalify contractors for Landbridge

21 October 2014 | By

Tenders expected in late 2015 or early 2016

Egypt and Sudan have agreed to support Libya's military as the nation’s parliament struggles to retake control of the country’s two biggest cities

Egypt and Sudan agree to support Libya’s military Subscription

21 October 2014 | By

About 65 have died so far in battle to take control of Benghazi

Orpic pushes forward with Liwa Plastics Project

Orpic pushes forward with Liwa Plastics Project Subscription

21 October 2014 | By

Financial adviser confirmed on Oman petrochemicals scheme

Syria

Isis oil production estimated to be worth $2m a day Subscription

21 October 2014 | By

US intelligence group IHS estimates Islamist group is able to produce up to 60,000 barrels a day  

Kuwait issues tender for manifold pipeline to link gathering centres

Kuwait issues tender for manifold pipeline Subscription

21 October 2014 | By

Pipeline to link gathering centres in the North Kuwait Operations Zone

Abu Dhabi starts production at Umm al-Lulu field

Abu Dhabi starts production at Umm al-Lulu field Subscription

20 October 2014 | By

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

Algeria plans to tender Oran metro

Algeria plans to tender Oran metro

20 October 2014 | By

Client yet to decide on packaging strategy

Sace is looking to support Italian exports of machinery and equipment that will be used within Morocco’s expanding infrastructure and construction sector

Italian export credit agency eyes Moroccan deals Subscription

20 October 2014 | By

Sace to invest $255m to boost Italian exports to North African country

The Iraqi governorate of Basra is considering plans for a tramway

Basra plans light rail network

20 October 2014 | By

Budget for tramway design expected to be released in 2015

GCC high-speed rail is too fast

GCC high-speed rail is too fast

20 October 2014 | By

Cost and safety concerns mean slower speeds should be considered

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