MEED
Issue 3 20-26 January 2012
View all stories from this issue.
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Abu Dhabi moves on Upper Zakum field schemes
Zadco announces offshore engineering deadlines -
Archirodon wins Takreer marine works package
Contractor will build the jetty for the Hamriyah Free Zone fuel storage project -
Bahrain king promises constitutional changes
Opposition says reform package does not go far enough -
Bypassing the Strait of Hormuz
Any closure of the strategic oil transit route will hurt Iran, the Gulf and the rest of the world -
Democracy is a work in progress for Egypt
Low turnout in the third round of voting to the People’s Assembly could be a sign of voter fatigue -
Dubai economic recovery not assured
Mixed signals as outlook clouded by debt and global uncertainty -
Dubai hits seven-year low while Saudi exchange sheds billions
Poor start to the year for UAE bourses -
Dubai increases power and water capacity
Power capacity up by 18.4 per cent and water capacity up by 21.1 per cent -
Dubai to stay ahead with more than $1bn of construction deals at port and airport
Contracts will be awarded at Dubai International airport and Jebel Ali Port -
Egypt to invite bids for PPP wastewater project
The PPP Central Unit prequalified companies to build treatment plant at Abu Rawash -
Emirates Steel appoints adviser for $800m expansion
BNP Paribas will advise on debt raising for Abu Dhabi steel project -
Firms line up for Aramco refinery upgrade
About 15 contractors prequalify for EPC contracts at the Ras Tanura Refinery in Eastern Province -
First Gulf Bank’s $500m sukuk receives $1.4bn order book
First Gulf Bank deal prices below similar issue by Emirates Islamic Bank -
Former Saudi Aramco official says $100 a barrel for oil is fair price
Continued high cost of investment in hydrocarbons makes $100 more like floor price, says Sadad al-Husseini -
Guy Mehula
Guy Mehula is President, Middle East and North Africa (Mena), Parsons International -
Haitham Saleh
Haitham Saleh is general manager, Parsons Brinckerhoff, Qatar -
Ian Bosward
Ian Bosward is programme director, Doha Expressway and major highways programme, KBR -
Iran decline cancels out GCC market gains
GCC records minor growth as Iran index records drop as a result of halted fertiliser project -
Jason Williams
Jason Williams is technical director, Northern Gulf highways and water, Atkins Qatar -
Kalimat initial public offering to raise $40m
Telecoms company appoints Ernst & Young to advise on IPO -
Kuwait approves award of hospital contract
Hospital expansion project will add 192 beds to capacity of Al-Razi hospital -
Kuwait to invite prequalification for new terminal
Separate contract for a $747m terminal at Kuwait International airport to be awarded soon -
Libya needs to focus on stability
Ordinary Libyans are growing impatient with progress made by the National Transitional Council -
Libya ramps up oil production
Post-conflict oil recovery is a challenging task and despite exceeding initial expectations, there are likely to be setbacks as Tripoli focuses on raising output to pre-war levels -
Low turnout for final stage of Egypt elections
Mohamed ElBaradei pulls out of presidential race -
Mohamed Abdah
Mohamed Abdah is director, transportation & infrastructure planning department, Municipality & Urban Planning Ministry -
Morocco to make progress on wind farm programme in 2012
Three bids in for first wind farm in programme and qualification process launched for five more projects -
Nasser Ali al-Mawlawi
Nasser Ali al-Mawlawi is President, Public Works Authority (Ashghal) -
Oman prepares for a busy 2012
Sultanate has a number of high-value projects coming to market in the next 12 months -
Orpic to choose adviser for potential $3.6bn fundraising
Deal could include $2.7bn of debt refinancing -
Qatar infrastructure
Six individuals responsible for road construction in Qatar: Nasser Ali al-Mawlawi, Mohamed Abdah, Ian Bosward, Haitham Saleh, Jason Williams and Guy Mehula -
Regional loan market collapses to 2004 levels
Global problems weigh on regional syndication volumes -
Restoring security to Libya
The National Transitional Council has gained recognition internationally, but domestically it faces clashes between rival factions and militiamen unwilling to return home -
Riyadh targets $100 oil price
The move is a sign that the kingdom needs higher oil revenues to sustain its big rise in public spending -
Solar power overtakes oil-fired generation in cost-effectiveness
Renewable energy has traditionally been viewed as a more expensive alternative -
Special Report Libya: Rival militias undermine stability
Nearly three months after the capture and killing of Muammar Gaddafi, stability has yet to return to Libya -
Steering an economic recovery for Libya
Higher oil production and the unfreezing of assets belonging to the former regime will support Libya’s economy. For long-term growth, restoring security and clear economic policies will be crucial -
Supporting the Syrian regime
The Kremlin, a close ally of Damascus since the Soviet-era, has doggedly resisted Western attempts to impose meaningful sanctions on Syria by the UN -
Tecnicas Reunidas selected for $500m Sabic project
Spanish contractor to carry out feed for joint venture with Mitsubishi Rayon Company -
Tensions rise over Hormuz
The GCC states must put aside political disputes for alternatives to bypass the strategic oil transit route -
Trafigura to raise $100m for Jebel Ali oil storage facility
Fund-raising to develop storage facility to start in first quarter -
Tunisair
Despite its long-haul ambitions, the airline’s focus will remain on its shorter routes to Europe -
Tunisair: MEED Assessment
Despite its long-haul ambitions, the focus of the airline will remain on its shorter routes to Europe -
UAE: Microsoft centralisation programme hardware infrastructure
Provision of a centralisation programme hardware infrastructure -
US sanctions three firms over Iran deals
Chinese, Singapore and UAE firms affected
