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 will not need to log in each time you visit our site.
Learn more

Latest News from MEED

King Abdullah Financial District in Riyadh

Saudi Binladin in banks talks to rollover debtSubscription

7 February, 2016 By ,

Contractor approaches lenders to get loans to meet short-term liabilities

Burj Khalifa Dubai skyine

Calatrava selected to design Dubai towerSubscription

7 February, 2016 By

New landmark will be built in the Creek area


Dubai tenders airport upgrade worksSubscription

7 February, 2016 By

Contract covers upgrade of systems supporting existing concourse

Power projects

Oman seeks adviser for power generation programmeSubscription

7 February, 2016 By

Appointed firm will assist with competitive tendering process

Dubai Metro

Dubai metro bidders prepare financing proposalsSubscription

7 February, 2016 By

Roads & Transport Authority to study funding options

Al-Sisi: Hope to deliver economic changes

Al-Sisi earmarks funds for Egypt housingSubscription

7 February, 2016 By

The amount will be used to finance the development of 100,000 units


Peugeot to compensate Tehran for withdrawal during sanctionsSubscription

7 February, 2016 By

Carmaker agrees to financial compensation under new agreement 

Frozen food

Alabbar leads GCC investors in bid to buy Americana stakeSubscription

7 February, 2016 By

UAE investment firm Adeptio inks agreement with Al-Khair Holding Company

Dubai Financial Market

Dubai Financial Market fourth quarter net profit declines 89 per centSubscription

7 February, 2016 By

Profit and revenues dropped as trading commissions plunged for only listed stock exchange in the region

Saudi soldiers

Saudi Arabia offers ground troops in SyriaSubscription

7 February, 2016 By

The use of ground troops has been discussed in the past

Gas plant

Abu Dhabi invites bids on gas processing plantSubscription

4 February, 2016 By

Facility to handle associated gas from Al-Dabbiya oil field

Petrochemicals plant

Liwa Plastics looks for February financing closeSubscription

4 February, 2016 By

Orpic escapes liquidity squeeze

Desalination facility

Bid deadline extended for Jeddah desalination plantSubscription

4 February, 2016 By

Facility will have total capacity of 400,000 cubic metres a day

Power plant

Oman seeks consultants for Ibri-Sohar IPPSubscription

4 February, 2016 By

Firms have been invited to submit proposals for supervisory role

Al-Reem Island

Firms prepare to submit Abu Dhabi mall bidsSubscription

4 February, 2016 By

Retail development will be built on Reem Island


Egypt cancels wheat tenderSubscription

4 February, 2016 By

Country is the world’s largest importer of wheat

Dubai International airport

Major GCC airports post record passenger growth Subscription

4 February, 2016 By

Airports report double-digit increases in 2015

Gas terminal

Development banks lend on Egyptian hydrocarbons storage Subscription

4 February, 2016 By

Gas import infrastructure project has secured finance

British Airways

British Airways to resume flights to IranSubscription

4 February, 2016 By

Six flights a week to start in the summer

Dubai International Financial Centre

Barclays cuts 150 jobs in UAE corporate banking armSubscription

4 February, 2016 By

British bank the latest lender to reduce staff in the country amid economic slowdown


Iraq to build wall around Baghdad to repel Isis Subscription

4 February, 2016 By

Work has started on 65-kilometre stretch of the wall

Oil rig

Six Opec members agree to emergency meeting, says VenezuelaSubscription

4 February, 2016 By

Two non-member states have also agreed to attend meeting if it is called

Venezuela’s Minister of Petroleum Eulogio del Pino

Venezuela to push Gulf states for oil production cutsSubscription

4 February, 2016 By

Venezuelan oil minister Del Pino is expected to push for an agreement on cutting production

Nakheel's Palm Jumeirah

Nakheel profits dip in fourth quarter of 2015Subscription

4 February, 2016 By

Full-year profits rise by 19 per cent for Dubai developer

Syrian refugee children at the Al-Zaatari refugee camp in the Jordanian city of Mafraq

Jordan appeals for help to handle refugeesSubscription

4 February, 2016 By

Country has received 600,000 UN-registered Syrian refugees

Gas storage tanks

Algeria asks contractors to prequalify for $1bn gas plantSubscription

3 February, 2016 By

Facility is due to be constructed at Rhourde el-Baguel oil field

Nakheel Nad al-Sheba

Local developer tenders Dubai villasSubscription

3 February, 2016 By

Nakheel invites contractors to submit bids for 133 villas

UK firm wins Al-Maktoum airport contract

Dubai receives bids for Al-Maktoum airport expansionSubscription

3 February, 2016 By

Contract covers work on the existing passenger terminal

Soldiers in the Iraqi army

Baghdad forced to withdraw forces in Iraq’s southSubscription

3 February, 2016 By

Pressure from Shia militias sees troops removed from oil-rich region that surrounds Basra 

UAE finance

Union Properties in discussions for loanSubscription

3 February, 2016 By

Developer still seeking finance for four projects

Possible end in sight for Iran rail projects funding drought

China commits $500bn to Iran over 10 yearsSubscription

3 February, 2016 By

Rail projects a priority to promote trade with Iran and neighbours

Egypt farm

Egypt plans to set up commodities exchangeSubscription

3 February, 2016 By

Egypt is currently the world’s largest importer of wheat

Oil derricks

Six jailed in Algerian oil company corruption trialSubscription

3 February, 2016 By

Crimes relate to awarding of Sonatrach contracts