News
Middle East business news and analysis and commentary across all sectors and countries.
News
Riyadh power plant to reach financial close next month
Independent power project will have a capacity of 2,000MW
Bahrain evaluates how to support housing project
Government working on offtake agreement for social housing scheme
Kuwait extends acid-gas facility deadline
April deadline set for commercial bids on Mina al-Ahmadi scheme
Construction to start on two King Abdullah Financial District schemes
Fxfowle and Buro Happold prepared the design and engineering
Saudi firm to complete $1bn loan deal
Mall operator ACCL Arabian Centres seeking local funds
Punj Lloyd is frontrunner for Habshan nitrogen pipeline deal
Indian firm submitted lowest bid for Abu Dhabi nitrogen project in early March
Deadline extended for Saudi Arabia power and water project
Ras al-Zour facility will have a capacity of 2,400MW of power and 226 million gallons a day of water
Zain Saudi Arabia to launch $500m recapitalisation
Saudi mobile operator is in talks with Al-Rajhi and Banque Saudi Fransi
Islamic Development Bank considers Iranian power plant
Iran developer Mapna will build gas-fired power plant at Fars
Technical bids in for Borouge's Ruwais infrastructure expansion
At least 12 international firms bid on $1bn Abu Dhabi Polymers Company contract
Iraq to invest $25bn in homes in 2010
The full programme includes 2 million homes and infrastructure by 2025
Imco bids low for Kuwait’s Shuaiba refinery maintenance
The contract is for Kuwait National Petroleum Company
Aramco considers location change for Ras Tanura petrochemicals scheme
Saudi Aramco and Dow Chemical are developing the $17bn scheme
Abu Dhabi plans $1.5bn aluminium rolling mill
The new plant by Adbic will be built at Taweelah’s Khalifa Port
Bids in for pipeline construction on Shah gas development in Abu Dhabi
Abu Dhabi National Oil Company and ConocoPhillips are developing $10bn sour gas scheme
Rio Tinto Alcan calls for Middle East co-operation
World’s largest aluminium company says partnerships are the way forward
Qatar completes expansion of Al-Shaheen oilfield
$6.2bn project with Maersk Oil set for inauguration
Qatar extends Mesaieed gas pipelines tender by two weeks
$80m Qatar Petroleum deal to back up gas supplies to Qatalum and Mesaieed Power Corporation
Egyptian power plant secures additional finance
Ain Sokhna thermal power plant to cost about $2 billion in total
Bahrain's Mina Salman port to be used for construction materials imports
New Khalifa bin Salman port to be running at full capacity by the end of 2010
Majid al-Futtaim to build 10 new malls in the Middle East by 2020
Expansion plans include a $817m development in Syria
Final bids in for Ruwais refinery gasoline deal
Firms submitted bids to Takreer on 14 March
Adia restructures board of directors
Abu Dhabi’s sovereign wealth fund publishes first annual review
Galfar frontrunner for Qatar pipelines deal
Qatar Petroleum deal worth $100m deal
National Bank of Abu Dhabi prices bond issue
Deal is first of many bond issues planned in the region for the next few months
First Solar joins Desertec Initiative
Desertec partnership to expand to 17 shareholders
Sohar rolling mill to diversify
Gulf Aluminium Rolling Mill Company plans to increase production
Emal asks banks to commit on export credit facility
Aluminium smelter needs $700m loan
Egyptian wastewater tender draws 10 responses
Public-private partnership project to be built to the west of Cairo
Damascus prepares to invite consultants to bid for metro design
Syrian government is reviewing $1.6bn metro line feasibility study
Tenders
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Bahrain: Refinery decontamination services
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Jordan: Power cables
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Saudi Arabia: Network repair section buildings
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Iran: Synthetic cryolite
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Kuwait: Fuel stations
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Egypt: Fluorescent lamps
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Libya: Air transport services
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Iraq: Chemical protection suits and gas detectors
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Iran: Aluminium fluoride
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Saudi Arabia: Power plant boiler drain and waste piping
Contract Awards
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Jacobs to manage Marafiq developments at Jubail and Yanbu
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Gulf Technical Construction Company wins two contracts from Damac
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Chinese consortium signs Iraq Missan oilfield deal
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Dohaland selects Cat International for infrastructure work
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Six Construct and Samsung win Abu Dhabi Cleveland Clinic deal
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ABB to build Abu Dhabi water transmission project
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Diyar al-Kuwait appoints consultant to oversee Lusail construction
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Cowi to design Al-Khobar’s first green hotel
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Ramboll to provide green services for Tadawul
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Galfar wins $29.8m Oman road contract
