MEED
Issue No 11 12-18 March 2010
View all stories from this issue.
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Abu Dhabi tenders Capital City District consultancy role
Urban Planning Council is developing 49 square-kilometre federal capital -
Ali al-Dahwi
Ali al-Dahwi is chief executive officer, Zain Iraq -
Award for Saudi alumina refinery expected by mid-April
Fluor and Bechtel are the frontrunners for the Al-Zour contract -
Bahrain Air
Bahrain Air aims to carry 1 million passengers a year by the end of 2010 -
Bahrain Air
Bahrain Air aims to carry 1 million passengers a year by the end of 2010 -
Bahrain Air: MEED Assessment
Budget carriers have been affected by a recession-inspired aviation downturn -
Bahrain Air: MEED Assessment
Budget carriers have been affected by a recession-inspired aviation downturn -
Balancing Saudi Arabia’s local and export oil needs
A rise in domestic fuel consumption and a fall in oil export revenues will test the kingdom’s economy in 2010 -
Borouge 2 to test rivals’ strength by offering low prices for its plastics and chemicals
Abu Dhabi Polymers Company (Borouge) is free of debts and is capable of offering low prices unlike its global competitors -
Borouge to commission Abu Dhabi plastics plant in May
Ruwais petrochemicals plant to hit full production by mid-July -
Building work starts on Amman's new stock exchange
The $100m development will house the country’s new stock exchange -
Construction begins on Al-Qatrana power plant in Jordan
The first phase of the Al-Qatrana plant will have a capacity of 373MW -
Contractors prepare bids for King Abdullah International Gardens
Locals Saudi Oger, Saudi Binladin Group and South Korea’s Samsung are the bidders -
Daelim frontrunner for Kuwait Mina al-Ahmadi refinery deal
South Korean firm out front after low bid of $888m for fractionating column -
Dubai World to meet UAE banks for debt talks
Emirates NBD and Abu Dhabi Commercial Bank to represent UAE creditors in debt talks -
Emal shortlists advisers for second phase of Abu Dhabi smelter
Emal to double capacity of smelter at the Khalifa Port & Industrial Zone at Taweelah -
Faruk Mustafa Rasool
Faruk Mustafa Rasool is founder, Asiacell -
Government consensus drives political change in Kuwait
After years of upheaval and infighting, the Kuwaiti parliament lends its support to the cabinet and approves its four-year development plan -
Hameed Akrawi
Hameed Akrawi is deputy chief executive officer, Korek Telecom Company -
Iranian politics must take back seat
Tehran’s plans for a $10bn rail upgrade is welcome news for commuters in the congested capital -
Iraq Telecoms
Six key figures leading the development of Iraq’s telecommunications industry are: Ali al-Dahwi, Hameed Akrawi, Faruk Mustafa Rasool, Loay Almalaieka, Kassim al-Hassani and Wilson Varghese. -
Islamic Development Bank and World Bank launch infrastructure fund
Fund will invest in Shariah-compliant companies in the Middle East and North Africa region -
Ithmaar puts Al-Seef tower on hold
The $185m Al-Seef tower would have been one of the tallest in capital Manama -
Jordan to invite proposals for wind farm in May
Wind farm to be built near Shobak, about 200 kilometres south of the capital -
Kassim al-Hassani
Kassim al-Hassani is director general, Iraqi Telecommunications & Post Company -
Kuwait looks to rebuild poor oil reputation
Following major project cancellations, the country must capitalise on positive sentiment to attract and retain foreign investment in the oil and gas sector -
Kuwait mobilises $102bn construction development plan
The four-year plan to improve infrastructure covers power, water, metro, housing, roads and healthcare but must overcome bureaucratic hurdles -
Kuwait must step up momentum
The emirate must back approval for a new capital market authority by naming a credible team to head it -
Kuwaiti investors await new lead for Capital Market Authority
Parliament has approved legislation to set up a new supervisory body to oversee the Kuwait Stock Exchange -
Kuwait's launches tender for metro consultancy contract
Partnerships Technical Bureau will name a winner by June this year -
Loay Almalaieka
Loay Almalaieka is chief executive officer, Itisaluna Abr al-Iraq -
Moody’s financial downgrades rock Abu Dhabi-backed companies
Borrowing costs likely to rise in wake of Dubai debt, as analysts question assumptions of government support for its businesses -
Morocco to invite bids for airport design by June
Work on the expansion of Marrakech International airport is scheduled to start in early 2011 -
People live in cities not towers
Tall towers have come to symbolise the excesses of the boom years. The focus must be on city centres instead -
Riyadh slashes wheat output
Saudi farmers are leaving wheat cultivation faster than anticipated under a plan to save water -
Riyadh slashes wheat output
Saudi farmers are leaving wheat cultivation faster than anticipated under a plan to save water -
Saudi Arabia invites firms to prequalify for Medina airport
Medina airport expansion involves the renovation of the existing runway and a second terminal -
Saudi Arabia to open world’s second tallest tower in August
The Makkah Clock Royal Tower will be 577 metres tall -
Saudi Aramco and ConocoPhillips start cost talks on Yanbu refinery
Both partners want best prices for $9bn Red Sea oil scheme in Saudi Arabia -
Shah gas pipeline construction deal delayed for second time
Partners have set new 16 March date for engineering, procurement and construction deal -
Special Report: Kuwait - New optimism inspired by parliament
A new optimism can be sensed in Kuwait, following parliament’s approval in February of a $102bn development plan proposed by the governing cabinet. For the first time in years, the legislative and executive bodies are pulling in the same direction. -
State support falls short
Abu Dhabi must realise implicit sovereign guarantees are worthless after Dubai distanced itself from debt woes at its state-owned firms -
Tehran plans six more lines for metro
Tehran is already building four new lines for the metro that has a total investment of $10bn -
Tender documents ready for Cairo metro phase three
National Authority for Tunnels is handling Egypt’s urban rail scheme -
UAE looks for advisers for nuclear power project
Emirates Nuclear Energy Corporation in talks with four banks for scheme in Abu Dhabi -
Wilson Varghese
A key figure leading the development of Iraq’s telecommunications industry -
Work resumes on Lebanon’s Natour development
Design work for the $500m Natour project will be completed by June -
World Bank approves $280m loan for Cairo airport terminal two
Cairo Airport Company is prequalifying contractors for construction contracts
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