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This Week's News from MEED

Taxes

Egypt strives to improve investment environment

27 November 2014 | By

Egypt developing a more business friendly investment environment

Arabtec deal a blueprint for Egypt housing projects

Arabtec deal a blueprint for Egypt housing projects

27 November 2014 | By

UAE firm to oversee development of 1 million affordable housing units

Sheikh Mohammed bin Zayed Road, in Dubai

Dubai awards road upgrade contract Subscription

27 November 2014 | By

Work will involve upgrading roundabout on Sheikh Mohammed bin Zayed Road

Oman onshore oil block

Indonesian group wins Oman onshore oil block Subscription

27 November 2014 | By

MedcoEnergi to carry out six-year exploration programme in south of Oman

Sewage treatment plant under construction

Egypt looks to private sector for utilities investment

27 November 2014 | By

Cairo is turning to public-private partnerships to develop sewage and desalination projects

Cairo

Egypt needs 500,000 new homes a year

27 November 2014 | By ,

Urgent requirement to also develop utilities to support population and housing growth

Pylon

Saudi Arabia’s Qurrayah IPP set for full operation in January 2015 Subscription

27 November 2014 | By

Power plant will add 3,927MW to the grid when fully commissioned

Kuwait on track to meet growing power and water demand

Kuwait on track to meet growing power and water demand Subscription

27 November 2014 | By

Ministry says water consumption will increase by 40 per cent by 2020

Desalination plant

Kuwait prepares to tender desalination plant Subscription

27 November 2014 | By

Prequalification for the project was first opened in 2012

Aluminium smelter

GE wins services deal on Abu Dhabi aluminium smelter turbines Subscription

27 November 2014 | By

US group awarded long-term contractual services agreement from Emirates Global Aluminium

Mostafa Madbouly

Egypt plans major housing, utility and infrastructure projects

27 November 2014

Social housing, water and sewerage, road network and north coast development programme are Egypt’s immediate priorities, says Egyptian minister

Dubai tenders construction of solar centre

Dubai tenders construction of solar centre Subscription

26 November 2014 | By

Centre at Mohammed bin Rashid al-Maktoum Solar Park will have sustainable design

Libya to reopen its Nafoura oil field

Libya to reopen its Nafoura oil field Subscription

26 November 2014 | By

Asset was shut down due to protesters demanding jobs

Sace finalises Egypt power plant deal

Sace finalises Egypt power plant deal Subscription

26 November 2014 | By

Italian agency guaranteeing $261m loan

Qatar export markets

Qatar central bank governor eyes stronger ties with China Subscription

26 November 2014 | By

Doha wants to lead Gulf in renminbi settlement

Abengoa wins Morocco electricity transmission contract

Abengoa wins Morocco electricity transmission contract Subscription

26 November 2014 | By

Work involves construction and operation of 210km of power lines

Kuwait projects market

Kuwait projects market to hit record high in 2014 Subscription

26 November 2014 | By

A total of $33.4bn is due to be awarded in Kuwait’s projects market over the year

Ras Tanura

Saudi Aramco extends $3bn Ras Tanura deadline Subscription

26 November 2014 | By

Contractors now have until February to submit bids for Eastern province refinery rehabilitation

Oman prepares for budget cuts

Oman prepares for budget cuts Subscription

26 November 2014 | By

Budget for 2015 will reduce spending on projects and social programmes

Shipbuilding industry

Zakher Marine wins bank funding for shipbuilding Subscription

26 November 2014 | By

Abu Dhabi-based company signs $420m deal

Cement plant

Arkan opens Al-Ain cement plant Subscription

26 November 2014 | By

Abu Dhabi company invests $354m to increase clinker capacity four-fold

Plant

Sabic evaluates acrylonitrile plant bids Subscription

26 November 2014 | By

Saudi Basic Industries Corporation (Sabic) is evaluating bids its planned acrylonitrile plant at Jubail in the Eastern Province of the kingdom

More should be done in the region to improve accessibility to financial services and the capital markets

Arab Monetary Fund calls for more regulation Subscription

26 November 2014 | By

Chairman says more work needed on transparency in region’s exchanges

Qatar National Bank is set to acquire more stakes in banks around the world in the coming years

QNB eyes further international expansion Subscription

26 November 2014 | By

Bank acquired stake in African financial institution in September

Italian tyremaker Pirelli

Pirelli set to invest $107m in Egypt Subscription

26 November 2014 | By

Italian tyremaker to expand operations at Alexandria plant

 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

The Middle East in 2030 Subscription

25 November 2014 | By

Take part in MEED’s survey to identify the key trends that will shape the Middle East economy in 2030

Kuwait reveals timeline for Lower Fars heavy oil project

Kuwait reveals timeline for Lower Fars heavy oil project

25 November 2014 | By Wil Crisp

State-owned upstream operator says contract will be awarded in December

WTI crude spot price

Kuwait says shrinking margins will not affect New Refinery Project

25 November 2014 | By

CEO of state refiner says volatile oil prices could result in future schemes being put on hold

Musanada asks for bid bond extensions for Sheikh Khalifa Medical City

Musanada seeks Sheikh Khalifa Medical City bid bond extensions Subscription

25 November 2014 | By ,

Abu Dhabi body has been evaluating bids since March

Kuwait City

Kuwait PPP draft regulations on schedule

25 November 2014 | By

PTB will become executive authority named Public Authority for public-private partnerships

Aramco aims to award stadium contracts in December

Aramco aims to award stadium contracts in December Subscription

25 November 2014 | By ,

More time needed to evaluate bids for construction of 11 stadiums

Qatari telecoms company Ooredoo is building up its mobile banking capabilities

Ooredoo targets mobile banking growth Subscription

25 November 2014 | By

Data services driving revenues for Qatari telecoms firm

Iranian Foreign Minister Javad Zarif and EU envoy Catherine Ashton

Talks extended on Iran nuclear programme Subscription

25 November 2014 | By

Tehran and six world powers agree to resume negotiations in March

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