MEED
Issue No 10 5-11 March 2010
View all stories from this issue.
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Al-Baraka Banking Group
The Islamic bank is seeking fresh markets after emerging intact from the global crisis -
Al-Baraka Banking Group: MEED Assessment
Despite a 17 per cent decline in net profit in 2009, Al-Baraka remains focused on growth, supported by a conservative approach to lending -
Aldar in talks to manage delayed Masdar project
Local developer lined up to complete renewable energy research centre -
Arabtec chases Baku property deal
UAE contractor targets tower development with its first bid in Azerbaijan -
Bidders line up to build Samba headquarters
Saudi bank tower to be constructed in King Abdullah Financial District -
Bids for Sohar aluminium rolling mill under evaluation
Client will award $350m contract in June -
Bids in for Kuwait's retendered Mina al-Ahmadi gas deal
Firms to compete for $700m contract for gas fractioning column -
Bruce Ashby
A senior figure leading the development of Saudi Arabia’s airline industry -
Contractors invited to bid for Iranian iron ore packages
Four contracts available for Bafgh expansion project -
Delays make sense for Emal's smelter plans
The business case for an Algerian smelter still makes sense even if the Sonatrach scandal delays it. Fuel allocation issues in Saudi Arabia are beyond the firm’s control -
Doha rethinks water services
With demand for water and wastewater services growing steadily, Qatar’s government is seeking out new ways to boost capacity -
ExxonMobil in talks over alliance with Kuwait Oil Company
Firm to focus on facility integrity management and maintenance -
Foulath in talks with Kobe Steel to build pellet plants
Global financial crisis delays Egyptian projects -
Fresh delays hit Abu Dhabi's Shah gas scheme
Bid deadlines pushed back on $10bn Adnoc and ConocoPhillips project -
Hydrogen Power Abu Dhabi delays plant deal
UK and UAE firms unable to complete offtake and financing agreements -
Jubarah bin Eid al-Suraisi
A senior figure leading the development of the Saudi Arabian airline industry -
Kahramaa tests interest in Ras Laffan expansion projects
Qatar to increase capacity of power and water projects to meet demand -
Khalid Abdullah Almolhem
A senior figure leading the development of the kingdom’s airline industry -
Kurdistan freezes foreign investment in education
Iraqi ministry plans to improve teaching standards -
Kuwait enters an era of political and economic change
After years of stagnation, the country now believes its economy can move ahead -
Kuwait’s big economic opportunity
If the current spirit of co-operation between the government and the parliament is sustained, it will be good news for all involved -
Middle East contracts awarded: March 2010
Almost $5.5bn worth of contracts have been awarded across the Middle East in March 2010, according to this selected checklist compiled from MEED reports. -
New technologies challenge Masdar
For a project as unconventional as Masdar, different ways of judging success must be employed -
Port of Salalah prepares to issue tenders
Contract is part of $645m expansion plan -
Power has to rise to meet demand in Saudi Arabia
Saudi Arabia will have to forge ahead with additional power projects if it is to remain in surplus -
Q&A: Adnan Yousif al-Baraka, CEO, Al-Baraka Banking Group
The Islamic bank’s CEO explains why the company plans to geographically diversify, its future business lines and the reasons it undertook a corporate rebranding -
Qatar Petroleum puts headquarters plan on hold
State energy firm to use Barwa Financial District as a base -
Qatargas evaluates bids for Ras Laffan shutdown
Facilities maintenance contract to be awarded by mid-March -
Regional airlines snub demand by Iran to rename Gulf
Carriers refusing to use the term Persian Gulf to be banned from Tehran’s airspace -
Regional water demand has to be cut
Much larger savings of water could be achieved if habits of consumption were changed -
Saudi Arabia Aviation
Six senior figures leading the development of the kingdom’s airline industry are: Bruce Ashby, Jubarah bin Eid al-Suraisi, Abdullah Rehaimi, Khalid Abdullah Almolhem, Sulaiman Abdullah al-Hamdan and Walter Prenzler -
Saudi Arabia to upgrade airports
Kingdom to set aside $667m for overhaul of domestic network -
Saving water in the desert
Contractors in the region are turning to increasingly innovative technologies to treat water and wastewater more efficiently -
Seeking improved water access in Palestine
The right to water has been an unresolved issue between Israel and Palestine since the Six-Day War in 1967. Scarcity of supply is further weakening the Palestinian economy -
Setbacks affect Emal smelter projects
Corruption probe in Algeria and worries over Saudi fuel allocations hit multi-billion dollar facilities -
South Korean firm frontrunner for Yanbu refinery deal
Yanbu scheme likely to cost less than similar project at Jubail -
Spanish firm to break ground for Bahrain sugar refinery in May
Franco Espanola Omega confident it will complete project in 2011 -
Special Report: Power & Water - Region struggles to ensure access to scarce water supplies
The Middle East is struggling to cope with growing demand for fresh water. While the reasons for water shortages vary across the region, the issue that all governments around the Middle East are having to tackle is the same: how to guarantee access to shrinking supplies of fresh water.In the Gulf, over-exploitation of the underground aquifers has resulted in many sources of fresh water – extracted largely for agricultural use – being depleted to the point that they will not be able to -
Suez Energy selected for Riyadh power plant deal
Belgian firm’s alliance with Al-Jomaih places it in line to build 2,000 MW scheme -
Sulaiman Abdullah al–Hamdan
A senior figure leading the development of the Saudi Arabian airline industry -
Technical bids in for Borouge plastics expansion deal
Italian/South Korean consortium looks to consolidate three major construction deals -
Walter Prenzler
A senior figure leading the development of the Saudi Arabian airline industry -
Water shortages tip into crisis
More than half of the 22 Arab states are critically short of fresh water, according to UN figures, with conditions worst in the Gulf -
Yemen sugar refinery struggles to find finance
Al-Amoudi Group still not got funds in place despite booming demand for sugar
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