MEED
September 2010 Online Content
View all stories from this issue.
-
Abu Dhabi begins piloting of green hotel guidelines
Abu Dhabi’s hotels and hotel apartments will have a green rating included in their star rating by the middle of 2011 -
Abu Dhabi Islamic Bank arranges $1.1bn project finance deal for Emirates Steel
Facility is UAE’s largest project finance deal in 2010 -
Abu Dhabi may sell bonds next year
Government is testing the market -
Abu Dhabi to award intelligent traffic study by October
The Department of Transport will also award the the consultancy deal to develop a freight masterplan for the emirate by March 2011 -
Abu Dhabi to build $6bn microchip factory
State-owned company to build regions first microchip manufacturing plant -
Abu Dhabi to offer armed escorts to oil tankers
Critical National Infrastructure Authority is tasked with protecting the capital’s major facilities -
Abu Dhabi witnesses 6% growth in hotel guests
Capital is using tourism to diversify its economy -
Abu Dhabi's Mubadala sets up specialised investment unit
New unit will serve as primary vehicle for financial invesment -
Aedas to withdraw from Musheireb project in Doha
Architecture firm has issued termination notice to client -
African Development Bank gives road loan to Tunisia
It is the bank’s largest ever loan given to Tunisia for a single project -
Air Arabia increases flights between Alexandria and Abu Dhabi
Airline now offers seven roundtrip flights a week -
Al-Arrab and Sepco III win Ras al-Zour power generation contract
Power plant will have a capacity of 2,800MW -
Al-Futtaim forms $1.6bn joint venture for Doha retail park
Development will be located near Doha International Airport -
Algeria announces third oil licensing round
Third bidding round announced as North African state looks to draw line under corruption scandal -
Algeria extends deadline for power projects
Companies to submit bids by 20 September -
Algeria: Metro design consultancy
Provision of consultancy services comprising the designing of a metro line -
Al-Habtoor Leighton forms new rail venture
Al-Habtoor Leighton Group and John Holland will officially launch the joint venture at MEED’s MENA Rail Projects 2010 on 28 September -
Al-Habtoor Leighton wins Dubai tower contract
The contractor takes over on The Buildings by Daman project from Oger Dubai -
Al-Raha Beach likely to be completed later than planned
Aldar figure warns that major Abu Dhabi development may be completed later than expected -
Al-Shoula consortium in front for Saudi rail contract
Group is made up of Spanish construction companies -
Aluminium Bahrain to float stake by end of 2010
Proceeds will be used by Bahrain’s sovereign wealth fund -
Aramco awards Air Liquide hydrogen contract
French company secures long-term agreement to supply hydrogen to the Yanbu refinery project -
Aramco extends bid deadline for petroleum institute contract
Winning contractor will build commercial blocks at King Abdullah Petroleum Studies Research Centre -
BAE Systems supports Iraq's plans for arms deal
If the deal goes ahead it will be Britain’s biggest arms deal with Iraq since the 1980s -
Bahrain district cooling project to enter operation this week
Bahrain Tabreed’s first district cooling plant to come online on 30 September -
Bahrain extends deadline for liquefied natural gas terminal prequalification
Manama needs to secure gas to power future industrial projects -
Bahrain: Engineering laboratory equipment
Supply of equipment for an engineering laboratory -
Bahrain: Housing construction (A)
Construction of 72 town houses, contract A -
Bahrain: Housing construction (B)
Construction of 101 town houses, contract B -
Bahrain: Housing construction (C)
Construction of 126 town houses, contract C -
Bahrain: Medical equipment
Supply of medical equipment for a maternity hospital -
Bahrain: X-ray body scanning system
Supply of an X-ray passenger body scanning system -
Bahrain: X-ray container inspection system
Supply of an X-ray container inspection system -
Bahrain: X-ray vehicle scanning system
Supply of an X-ray passenger vehicle scanning system -
Banks to submit finance commitments for Shams 1 solar project
Lenders have until 24 September to submit debt offers for Abu Dhabi solar project -
Bid deadline extended for $2bn Abu Dhabi oil contract
New submission date for oil production facilites at Umm al-Lulu and Nasr fields is 18 October -
Bid deadline extended for Kuwait drinking water complex
Companies have until 26 October to submit bids to build Al-Zour drinking water complex -
Bids opened for Medina district cooling package
Three companies respond to district cooling tender -
Bids opened for Oman desalination plant
Oman National Engineering and Investment Company bids low for contract -
Bids opened for Oman power plant gas supply pipelines
Gulf Petrochemical Services & Trading bids low for pipeline contract -
Borouge sets up Beijing sales and marketing company
Company has manufacturing plants in Abu Dhabi and Shanghai. -
Cadagua to build Ajman desalination plant
Fewa to sign $51.5m contract with Spanish firm and local partner -
Cavotec wins Oman airport contract
Swiss firm will provide electrical components for Muscat International airport -
Chinese to build Iranian railway
The Chinese Railroads Minister will travel to Tehran on 12 September to sign the contract -
Contractors line up for work on Yas Island
Aldar receives bids for water park and approaches contractors for Yas mall -
Customer skips dropping as economy stabilises
UAE banks say number of customers leaving and walking out on debts is down by up to 50 per cent -
Damas extends $816.7m debt standstill to 30 November
Second extension for company in two months -
Dana Gas makes new Egypt gas find
Fourth discovery this year as gas production increases 20 per cent -
Deadline extension granted for Kuwait power project
Bids to be submitted by 3 October -
District coolers can learn from power sector
A change in business model could see the district cooling sector reaping financial rewards -
Divided zone to be mapped out
NZ Aerial Mapping wins contract for map boundaries of area between Saudi Arabia and Kuwait -
Doha extends bid deadline for Qatar Foundation headquarters
Contractors now have until 17 October to submit bids for the project -
Doha presses ahead with infrastructure plans
Public works continue as recession stalls many of the region’s development plans -
Doosan wins $1.46bn desalination plant contract
South Korean contractor is the winning bidder on the Ras al-Zour project in Saudi Arabia -
Doosan wins $3.4bn power plant contract
Saudi Electricity Company selects South Korean company for 2,800MW oil-fired power plant -
Drake & Scull win hotel contract in Syria
UAE-based contractor will carry out MEP work for Rotana hotel project in Homs -
Dubai bond may receive strong demand
Investors search for yield may boost demand for Dubai’s $1bn bond plans -
Dubai Islamic Bank raises Tamweel stake to 57.33 per cent
Tamweel will be able to resume lending in weeks -
Dubai launches $1.25bn government bond
Bond will be sold to investors in two tranches -
Dubai metro attracts 30 million user in first year
Trial runs of the trains on the Green line have now started -
Dubai negotiates Al-Sufouh tram funding
The tramway will now be operational at the end of 2014 -
Dubai reaches debt deal for Metro
Contractors on Metro will be paid over seven years -
Dubai set to finalise $1.25bn bond issue
Bond issue is first Dubai bond since October 2009 -
Dubai World gets approval for $24.9bn debt restructuring
Restructuring expected to be completed in coming weeks -
Dubai World’s long road back to creditworthiness
Dubai World’s debt restructuring deal has made the bankers happier. The challenge for Dubai now is on the ground -
Dubai's index to set new rules to meet MSCI requirements
Part of an effort to gain emerging market status -
EC Harris wins contract to manage Abu Dhabi roads masterplan
The work will focus on $25bn worth of roads projects in the capital -
Egypt considers solar and gas hybrid plans
Projects could generate 300MW power -
Egypt launches first petroleum services company in Sinai
Company will provide exploration services and training -
Egypt to open financial bids for wind farm
Winning bidder to be selected by early-2011 -
Egypt: Iron pipes
Supply of various diameter iron pipes -
Egypt: Iron pipes
Supply of galvanised iron pipes -
Egypt: Steel sheets, angles and channels
Supply of steel sheets, angles, channels, strips and round steel -
Egypt: uPVC plastic pipes
Supply of unplasticised polyvinyl chloride (uPVC) pipes -
Egypt: Workshop tools
Supply of ball bearings and workshop tools -
Egyptair begins international service from Sohag Airport
Flights will go to Kuwait -
El Sewedy Cables to increase output for Europe
Europe is company’s leading export market -
Emaar to sell $375m of convertible notes
The issue may raise as much as $500m -
Emicool to list on Dubai Financial Market
Local district cooling company intends to float 100 per cent stake -
Emirates NBD Capital says first half revenues rose 27 per cent
Revenues up year-on-year -
Etihad Airways extends deal with Royal Air Maroc
Etihad passengers will be able to travel from Casablanca to Moroccan and West African destinations -
Etisalat aims to boost stake in Indian venture
UAE telecom operator wants a 50 per cent stake in Etisalat DB Telecom -
Etisalat to offer $10.5bn for Zain stake
The deal would make Etisalat the strongest telecoms company in the region -
EU imposes new duties on UAE plastics
Tariffs could disrupt trade UAE warns -
Fitch affirms Abu Dhabi's AA rating
Rating anchored by strong balance sheet -
Five metro stations to open in October
The metro’s Green line is scheduled to open in August 2011 -
Flydubai secures $750m aircraft deal
The carrier has signed deals for nine aircraft -
Flydubai set to open its second Russian route
The budget carrier’s new route follows the opening of its service to Yekaterinburg -
GCC considers connecting rest of Arab world to power grid
Technical team has been established -
General Cable launches joint venture in Oman
Venture will serve Oman and the rest of the GCC -
Global Industries and Lamprell win Dubai oil field contract
US and UAE-based joint venture to develop newly discovered Al-Jalila oil field in the emirate -
Grandweld to build repair yard at Dubai Maritime City
The 25-year lease is for two plots covering 27,055 square metres -
Gulf Air launches service to Aden
There will be four weekly flights -
Gulf Air not approached for possible BA merger
British Airways is attempting to form the world’s biggest airline group following its $7.6bn merger with Spain’s Iberia -
Gulf borrowers face sharp rise in the cost of debt
Basel III regulations will lead to a increase in the cost of capital -
Gulf inflation pressures have been contained
Price rises have not disappeared completely -
Gulf Technical Construction Company wins Abu Dhabi construction deal
Local firm will build labour accommodation building in Al-Dhafra -
Hill International wins Jabal Omar project management contract
Mixed-use development will take three years to complete -
Intel opens wireless applications centre of excellence
Centre will assist operators, governments, vendors and regulators -
Iran Caustic soda
Supply of caustic soda -
Iran: Alumina
Supply of sandy calcined metallurgical grade alumina -
Iran: Benefication plant electromotor
Supply of an electromotor for a benefication plant -
Iran: Benefication plant gearboxes
Supply of gearboxes for a benefication plant -
Iran: Centrifugal pump parts
Supply of parts for centrifugal pumps -
Iran: Check valves
Supply of check valves -
Iran: Control valve parts
Supply of parts for control valves -
Iran: Coring operations
Provision of coring operations for an oil company -
Iran: Demercur ion exchange resin
Supply of demercur ion exchange resin -
Iran: Dimethyl disulfide
Supply of dimethyl disulfide -
Iran: Gas turbine parts
Supply of parts for gas turbines -
Iran: Gas turbines parts
Supply of parts for gas turbines -
Iran: Logic controller parts
Supply of parts for logic controllers -
Iran: Petroleum coke
Supply of calcined petroleum coke -
Iran: Rosin
Supply of rosin -
Iran: Solid control equipment
Supply of solid control equipment -
Iran: Tubing and X-overs
Supply of tubing and X-overs -
Iran: Tyres
Supply of 2,000 tyres -
Iran: Wastewater collection network
Construction of a wastewater collection network -
Iran: Watershed, forestry and rangeland management
Provision of consultancy services for a land and water management project -
Iranian gas condensate output rises 50 per cent
Output has reached 69 million barrels -
Iraq may ask IOCs to fund export infrastructure
BOT model is being considered -
Iraq oil exports dip slightly in August
Exports topped 55 million barrels -
Iraq signs maritime contract with Swiss firm
Under the deal the two companies will operate 66 ships, including oil tankers and bulk carriers -
Iraq tenders for revamp of industrial plants
The tenders are part of a plan to revamp 250 state-owned facilities through private investors -
Iraq: Air-cooler motor SKDs
Supply of SKDs for air-cooler motors -
Iraq: Alumina balls
Supply of 2,000 kilos of alumina balls -
Iraq: Aluminium rods
Supply of 500 tonnes of aluminium rods -
Iraq: Ball bearings
Supply of ball bearings -
Iraq: Boiler chemical cleaning system
Supply of a boiler chemical cleaning system -
Iraq: Caustic soda unit parts
Supply of parts for a caustic soda unit -
Iraq: Centrifugal compressor
Supply of a centrifugal compressor -
Iraq: Centrifugal pump sets
Supply of electrical centrifugal pump sets -
Iraq: Ceramics and aluminium sheets
Supply of materials including ceramics and aluminium sheets for a refinery company -
Iraq: Chain pipe wrenches
Supply of chain pipe wrenches -
Iraq: Cranes
Supply of truck-mounted cranes -
Iraq: Electrical cables
Supply of three-core electrical cables -
Iraq: Electrical materials (23)
Supply of 23 items of electrical materials -
Iraq: Electrical materials (32)
Supply of 32 items of electrical materials -
Iraq: Electronic metering skids
Supply of electronic metering skids -
Iraq: Expansion turbine rehabilitation
Rehabilitation of an expansion turbine -
Iraq: Extrusion line equipment
Supply of equipment for an extrusion line -
Iraq: Fuel pumps
Supply of 50 electric centrifugal fuel pumps -
Iraq: HCL unit materials
Supply of materials for a hydrochloric acid (HCL) unit -
Iraq: HDPE, masterbatch and PP
Supply of high-density polyethylene (HDPE), white masterbatch and polypropylene -
Iraq: Laboratory equipment
Supply of laboratory equipment -
Iraq: LPG storage capacity expansion
Expansion of liquefied petroleum gas (LPG) storage capacities -
Iraq: Mechanical and electrical equipment
Supply of mechanical and electrical equipment for lifting pumping stations -
Iraq: Mercury
Supply of eight tonnes of mercury -
Iraq: Metering system simulator
Supply of a simulator for a custody transfer and metering system -
Iraq: Oil and gas processing station equipment
Supply of level instruments for oil and gas processing stations -
Iraq: Oil storage and filling station
Carrying out detailed engineering, procurement, construction, commissioning and maintenance services for an oil storage and filling station at an oil field base camp -
Iraq: Paving
Paving floors at spare parts store -
Iraq: Pipeline project instrumentation
Supply of instrumentation for a product pipeline project -
Iraq: Portable bundle extractor
Supply of a portable bundle extractor -
Iraq: Power plant cables
Supply of cables at a power plant -
Iraq: Power plant storage shelters
Construction of two storage shelters at a power plant -
Iraq: Propylene dichloride
Supply of propylene dichloride -
Iraq: Provision of legal assistance services (Duhok)
Provision of legal assistance services in Duhok -
Iraq: Provision of legal assistance services (Irbil)
Provision of legal assistance services in Irbil -
Iraq: Provision of legal assistance services (Sulaimaniyah)
Provision of legal assistance services in Sulaimaniyah -
Iraq: PVC compound
Supply of polyvinyl chloride (PVC) compound -
Iraq: Radio links
Supply of two-channel radio links -
Iraq: Refractory material cement
Supply of refractory material cement for sulphur recovery units -
Iraq: Safety equipment
Supply of safety equipment -
Iraq: Self-propelled bundle extractor
Supply of a portable bundle extractor -
Iraq: Semi-trailers
Supply of cargo and flat-bed semi-trailers -
Iraq: Steamer machine
Supply of a steamer machine -
Iraq: Supplementary instruments and meters (10)
Supply of 10 items of supplementary instruments and meters -
Iraq: Supplementary instruments and meters (8)
Supply of eight items of supplementary instruments and meters -
Iraq: Tapping machine
Supply of tapping machine -
Iraq: Transformers
Supply of primary and secondary voltage transformers -
Iraq: Tripartite capacity building programme
Carrying out a tripartite capacity building programme -
Iraq: Unaccounted-for water management training
Provision of training in management of unaccounted-for water -
Iraq: Vertical pumps with motors
Supply of complete vertical pumps with motors -
Iraq: Water cooler compressors
Supply of compressors for water coolers -
Iraq: Water supply project (1)
Improvement of water supply and a distribution network as part of a water supply improvement project, package 1 -
Iraq: Water supply project (2)
Improvement of water supply and a distribution network as part of a water supply improvement project in the Kurdistan region, package 2 -
Iraq: Well logging equipment
Supply of well logging equipment -
Iraq: Wheel loader
Supply of a wheel loader -
Islamic finance needs to move beyond retail market
Industry should develop its capital markets globally -
Jabal Omar tenders Mecca district cooling project
Contractors to submit bids by 30 September -
Jaz Hotels to open new 5-star hotel in Sharm El Sheikh
Property is due to open in October 2010 -
Jebel Ali Free Zone credit rating downgraded
Standard and Poor’s cites uncertainty over its role in the debt restructuring of parent Dubai World -
JGC wins $155m Divided Zone contract
Japanese contractor to build water treatment plant at area between Saudi Arabia and Kuwait -
Jordan considers bus route to replace Amman-Zarqa light railway
Decision will be made by the end of the year -
Jordan expects to ink nuclear deal with US
Kingdom hopes for agreement by the end of the year -
Jordan invites developers to qualify for independent power project
Amman East plant will be Jordan’s third independent power project -
Jordan prepares to approach contractors for railway work
Main track will run from Syrian border to Aqaba -
Jordan technical education academy to open next year
Academy will have a budget of $14.14m for first year -
Jordan tenders construction and advisory contracts for dam
Dam will be built at Kufranja in the Ajloun governorate -
Jordan: Dam construction and maintenance
Construction, completion and maintenance of a dam -
Jordan: Dam project
Provision of consultancy services for a dam project -
Jordan: Emergency power restoration system
Provision of an emergency power restoration system -
Jordan: Power project
Development of a 300-350MW diesel-engine power project -
Jordan: Solar water heater promotion consultancy
Provision of consultancy services comprising a feasibility study for a public-private solar water heater promotion programme -
Jordan: Solid waste public awareness programme
Development of a public awareness and communications programme for municipal solid waste management -
Jordan: Solid waste tracking system
Development of a system to track municipal solid waste management -
Jordan's GCC tourism figures increase
Gulf tourists account for 29 per cent of the country’s total tourist income -
Kingdom Schools signs Gems education deal
Schools target upper to middle class segments of Riyadh’s population. -
Kuwait appoints consultant to develop nine ports
Kuwait Port Authority plans to upgrade three existing ports and build six new ports -
Kuwait delays oil facility fire systems tender
State-refiner plans to upgrade fire detection systems at refineries -
Kuwait extends bid deadline for university project
Submission date for construction contract is moved to 26 September -
Kuwait extends deadline for university project
Submission date for construction contract is moved to 26 October -
Kuwait extends desalination bid deadline
Companies to submit bids by 19 October -
Kuwait extends power plant bid deadline
Scheme will convert existing Al-Zour South project into combined cycle plant -
Kuwait extends tender deadline for Ahmadi hospital
Client also adds three companies to original prequalification list -
Kuwait halts circulation of Avandia drug
Drug used to treat type II diabetes -
Kuwait invites bids for transmission substations
Bids to be submitted by 24 October -
Kuwait minister says no change in Opec output quota
Oil cartel is meeting on 14 October in Vienna -
Kuwait power plant bidders granted extension
Bids to be submitted by 10 October -
Kuwait receives bids for drainage contract on Jahra road
Eight local contractors submit bids for sanitary drainage contract -
Kuwait receives bids for government building contract
Public Authority headquarters building will be located in Kuwait City -
Kuwait signs nuclear cooperation pact with Japan
Nuclear programme totalling 4GW under consideration -
Kuwait tenders oil and gas engineering services deal
State operator sets 7 November deadline for prequalification -
Kuwait University extends bid deadline for construction project
Winner will build service tunnels at the new Sabah al-Salem campus -
Kuwait University extends bid deadline for Faculty of Arts project
Contractors now have until 10 October to submit bids for the contract -
Kuwait: Air-conditioning devices
Replacement of central air-conditioning devices -
Kuwait: Building cleaning works
Carrying out cleaning works for buildings and offices -
Kuwait: Bulldozers
Supply of bulldozers -
Kuwait: Cable welding joints
Supply of low-tension cable welding joints -
Kuwait: Cables
Supply of 11kV medium-tension cables -
Kuwait: Construction and maintenance works
Carrying out construction and maintenance works -
Kuwait: Correspondence, resource and licence system
Supply, installation, operation and application of a unified conversation, correspondence, resources and licence system -
Kuwait: Distribution network fuses
Supply of fuses for electricity distribution networks -
Kuwait: Distribution transformers
Supply of electricity tension distribution transformers -
Kuwait: Flowcytometry software
Supply of software for flowcytometry -
Kuwait: Gas lift services
Provision of gas lift services for an oil company -
Kuwait: Housing project studies
Preparation of economic and engineering technical studies for a housing project -
Kuwait: Lighting and flexible cables
Supply of lighting cables and flexible cables -
Kuwait: Maintenance works
Carrying out maintenance works -
Kuwait: Ministry networks
Supply, installation, operation, testing, maintenance, switching and protection of networks at a ministry -
Kuwait: Mosque staff clothing
Supply of clothing for staff at mosques -
Kuwait: Motorcycles
Supply of 100 motorcycles -
Kuwait: Network lighting point maintenance
Maintenance of network linking points for a ministry -
Kuwait: Network project
Completion and linking of a network project -
Kuwait: Network, devices and computers
Supply, installation and operation of network devices and computers -
Kuwait: Networks
Supply of networks -
Kuwait: Oil and gas project consultancy
Provision of engineering consultancy services for oil and gas projects -
Kuwait: Polypropylene mail bags
Supply of polypropylene mail bags -
Kuwait: Power cable extension and welding
Extension and welding of 11kV medium-tension ground cables -
Kuwait: Pump and mechanical equipment works
Repair and maintenance of pumps and mechanical equipment -
Kuwait: School and office furniture
Supply of furniture for schools and offices -
Kuwait: Scientific devices
Supply, installation and operation of scientific devices -
Kuwait: Tankers
Supply of two tankers -
Kuwait: Transformer station cleaning works
Carrying out cleaning works at 228 main transformer stations -
Kuwait: Transformer stations
Supply and installation of eight main transformer stations -
Kuwait: Water production field lifting pipes
Supply of lifting pipes for ground water production fields -
Kuwait's Zain seeks $1.5bn loan
Credit facility will be used to refinance existing debts -
Lack of credit bureau to blame for high rate of consumer loan delinquencies
Banks were unable to profile consumer creditworthiness -
Lebanon: Building standards consultancy
Provision of consultancy services comprising a thermal building standards implementation plan -
Lebanon: Road works
Carrying out grade separation works on a roundabout -
Lebanon: School construction
Construction of a school -
Lebanon: Wastewater networks
Supervision of wastewater networks -
Libya detains Canadian suspected of being oil spy
Man suspected of gathering intelligence on BP offshore drilling for US stopped from leaving country -
Libya: Flow meter works
Carrying out maintenance and testing of flow meters -
Libya: Geochemical analysis
Provision of geochemical analysis services for an exploration drilling campaign -
Libya: MTBE
Supply of 50,000 tonnes of methyl tertiary butyl ether (MTBE) -
Libya: Onshore drilling rig
Provision of an onshore drilling rig -
Libya: Wellheads
Supply of wellheads for onshore wells -
Limitless to delay repayment of $1.2bn loan
Company wants a six month extension -
Loan losses exceed $20bn for Gulf banks
Ratings agency says banks have lost $20bn on bad loans since 2008 -
Local company selected for Saudi Arabia transmission contract
Contract includes installation of transmission lines in Mecca North -
Local firm wins North Kuwait pipelines deal
Revamp of oil transfer infrastructure needed to match oil production increases -
Ma'aden targets 22% rise in aluminium price
Company is building an aluminium smelter at Ras al-Zour -
Maritime Industrial Services acquires Litwin Pel
UAE-based company acquires engineering firm in bid to increase presence in Abu Dhabi -
Masdar prepares headquarters tender
Construction contract was first tendered in 2008 -
Middle East carriers to record $400m profit
Carriers were expected to post losses of $400m -
Middle East contracts awarded: August 2010
Over $4bn worth of contracts have been awarded across in the Middle East in August 2010, according to this selected checklist compiled from MEED reports -
Middle East hotels show biggest falls in occupancy rates in 2010
Middle East delivers highest returns on rooms booked despite falling occupancy levels -
Middle East passenger traffic rises 12.3 per cent in August
Traffic was also a decrease on July’s passenger traffic due to Ramadan coinciding with August -
Mideast iPhone 4 lacks Facetime video feature
Feature is similar to the banned Skype service -
Ministry corrects Combined Group's bid for water supply contract
Lowest bidder price is cheaper than originally calculated -
Momentum Logistics opens office in Erbil
Gulftainer subsidiary also already has an office in Zakho -
Moody's reports stable outlook for Saudi banks
Assessment reflects strong financial fundamentals despite challenging operating conditions -
Morocco: Water pipes
Provision of water pipes as part of the ninth drinking water supply project -
Mott MacDonald wins Iraq gas field deal
UK firm will carry out design, engineering and procurement support -
Mubadala losses hit $1.2bn
State firm to receive AED13bn in government support in 2010 -
Nakheel makes progress with recapitalisation plan
Developer hopes to achieve 95 per cent acceptance of all payables and claims by the end of the year -
Nakheel sees restructuring completed by year end
Dubai-based developer is restructring $24.9bn of debt -
National Bank of Kuwait's rights issue to begin on 5 October
Issue aimed at supporting expansion plans -
NBAD would want tighter price for any new bond sale
New bond sale in 2010 has not been ruled out -
New general manager for Abu Dhabi's Al-Bateen
Airport plans to double its annual movements to more than 12,000 by 2014. -
New regulations will protect Qatar's Islamic banks
Martket has been growing at 15-20 per cent a year -
Oil prices dip as inventories increase
Crude lacking impetus to break above current range -
Oman extends bid deadline for cargo terminal and liquid jetty
The EPC bid deadline for the general cargo terminal and liquid jetty has been delayed three times -
Oman extends deadline for desalination plant bids
Contractors to submit bids by 27 September -
Oman extends temporary power bid deadline
Bids to be submitted by 11 October -
Oman independent power projects reach financial close
Siemens and GS Engineering awarded engineering procurement and construction contract -
Oman issues passenger ferries tender
The two ferries will be used to travel between Shannah and the island of Masirah -
Oman ports see 30 per cent rise in cargo
The two ports loaded and unloaded 6.4 million tonnes of cargo -
Oman receives bids for Salalah tourism project
Sultanate also receives bids for convention centre enabling works package -
Oman set for 11 per cent public spending increase
Sultanate plans to push ahead with infrastructure and development projects -
Oman tenders Muscat construction contracts
Contractors have until 11 October to submit bids for the projects at Airport Heights -
Oman: Car ferry vessels
Design and construction of two passenger car ferry vessels -
Oman: Carnival management
Managing and organising a carnival -
Oman: Centrifuges
Supply of centrifuges -
Oman: Electronic waste management consultancy
Provision of consultancy services comprising carrying out a feasibility study for the management of electronic waste -
Oman: Healthcare waste management consultancy
Provision of consultancy services comprising carrying out a feasibility study for the management of healthcare waste -
Oman: Independent power project
Development of an independent power project -
Oman: Medical equipment
Supply of medical equipment -
Oman: Office building design
Design and supervision of a new government offices building -
Oman: Office furniture
Supply and installation of office furniture for a new building -
Oman: Pesticides
Supply of pesticides -
Oman: Power supplies (3)
Provision of electrical power supplies for three villages -
Oman: Power supplies (7)
Provision of electrical power supplies for seven villages -
Oman: Refinery and petrochemicals company trainers
Provision of specialist trainers for a refineries and petrochemicals company -
Oman: Refinery expansion engineering and licence
Supply of basic engineering and a licence for a refinery expansion project -
Oman: Refinery projects
Carrying out minor refinery projects -
Oman: Residential/commercial building design
Design and supervision of a new residential/commercial building -
Oman: Sand blasting abrasives
Supply of sand blasting abrasives for a drydock company -
Oman: Steel plates
Supply of classification steel plates for a drydock company -
Oman: Substation
Installation of a primary substation -
Oman: Substations
Construction of primary substations -
Oman: Telecommunications billing solution consultancy
Provision of project management and consultancy services for a unified billing solution -
Oman: Used tyre management consultancy
Provision of consultancy services comprising carrying out a feasibility study for the management of used tyres -
Oman: Water distribution network
Construction of a water distribution network -
Oman: Weather station civil works
Carrying out civil works associated with the supply and installation of automatic weather stations -
Oman: Youth hostel
Construction of a youth hostel -
Only NOCs can fill the energy gap the Gulf of Mexico disaster will create
The oil’s stopped leaking in the Gulf of Mexico. But the ramifications of the Deepwater Horizon disaster will affect the oil industry for decades. -
Personal financial problems are an issue for the region's banks
Debt problems are stabilising -
Petrochina invites bids for Halfaya oil field
The contract will last for two years -
Petroleum Development Oman awards contract to local firm
Special Technical Services awarded construction contract for Amal oilfield -
Prequalification deadline extended for Jordan independent power project
Developers have until 17 October to submit prequalification documents -
Private sector lending in Saudi rises in August
Lending recovery continues -
Project finance outlook recovering
HSBS says market is returning to pre-crisis levels -
Public equity drought is also a challenge for private equity
Gulf stock markets are still underperforming, which is bad news for private equity firms -
Qatar Airways increases flights to India
The airline will increase the number of flights to Delhi Cochin and Amritsar -
Qatar inks $5bn investment plan in Greece
Qatar Investment Authority investments will cover a range of sectors -
Qatar Islamic Bank bond sale could raise up to $750m
Three banks are managing the issuance -
Qatar Islamic Bank to launch first dollar-based Islamic bond
Investor roadshow begins on 24 September -
Qatar may launch social responsibility index
Survey will apply to listed companies -
Qatar Telecom hires six banks for dollar benchmark offering
The company will start investor meetings in October -
Qatar University to open teaching and learning unit
Unit , aims to improve science and mathematics education in schools -
Qatar: Desalination plants and water storage tanks
Provision of desalination plants and water storage tanks -
Qatar: Industrial city bus services
Provision of bus services for a petroleum company at an industrial city -
Qatar: Kindergartens
Provision of consultancy services for the construction of kindergartens -
Qatar: NDT and DT inspection services
Carrying out, on a call-off contract basis, NDT and DT inspection services at a refinery -
Qatar: NGL line modifications
Carrying modification works at a natural gas liquids (NGL) line topside -
Qatar: NGL plant generators
Replacement of emergency generating sets in NGL plants -
Qatar: NGL support campus ECS works
Carrying out ECS works for phase two of the new natural gas liquids (NGL) support campus -
Qatar: Nitrogen and helium
Supply of nitrogen and helium to offshore production stations -
Qatar: Parking area paving
Paving of a heavy equipment parking area -
Qatar: Road upgrade
Carrying out road upgrade works -
Qatar: Security system enhancement
Enhancement of a security system -
Qatari banks' Islamic lending activities curbed by new central bank regulations
Banks given 12 months to comply with new regulations -
Qatari Diar and Vinci joint venture wins Qatar car park deal
Car park will be built in front of Sheraton hotel -
Qatar's Pearl GTL plant to reach full capacity in 2012
Royal Dutch Shell to complete the construction by the end of this year -
RAK Airways to restart on 10 October
The airline plans to break even in first year of operation with plans to have up to 10 new routes in place -
Rakbank's ratings affirmed by Capital Intelligence
Outlook reflects good management and sound financials -
Raya Academy inks deal with Nile University
Academy will teach information security and internet crimes -
Regional banks to focus on affluent customers for future growth
Market grew 8 per cent in 2009 -
Registration for Arabic domains in Saudi to begin on 27 September
The Saudi Network Information Centre (SaudiNIC) will handle the process -
Remittances to Mena region fall 8 per cent
Total value is expected to grow by 3.6 per cent next year -
Royal Jordanian sees rise in passengers in August
Numbers rose by 4.3 per cent to 300,000 -
Royal Jordanian signs Malaysia Airline agreement
Jordanian and Malaysian airlines end seven year suspension of services -
Russian school in Sharjah shut down
School accepted students up to grade 11 and issued fake certificates -
Saudi Arabia: Chillers
Replacement of two chillers -
Saudi Arabia: Explosive removal equipment buildings
Construction of buildings for equipment for the defusing and removal of explosives -
Saudi Arabia: Head office works
Cleaning, operation and maintenance of an organisation’s head office -
Saudi Arabia: Headquarters building construction
Construction of a Royal Commission headquarters building -
Saudi Arabia: Industrial college
Development of an industrial college -
Saudi Arabia: Markets construction
Construction of weekly markets -
Saudi Arabia: Medical equipment
Supply of medical equipment -
Saudi Arabia: Park construction
Construction of a public park and yards -
Saudi Arabia: Sewage treatment works
Sanitation of facilities at a sewage treatment plant -
Saudi Arabia: Street maintenance
Maintenance of streets -
Saudi Arabia: Waste disposal project
Implementation of a waste disposal project -
Saudi Arabia’s Al-Khodari to sell shares at $12.80 each
Book-building process values company at $544m -
Saudi Arabian insulin plant faces delays
Licencing issues could take longer than anticipated at $250m plant -
Saudi economy to grow 3.5 per cent this year
Government spending and higher oil prices drive growth -
Saudi energy demand growing rapidly
Consumption grows by 5.9 per cent over the past five years -
Saudi Taif Investment to launch new projects in Saudi
Project will cost $40m to build -
Saudi wasting 30 per cent of groundwater
Inefficiencies stem from outdated extraction methods -
Saudia increases domestic frequencies
The airline will operate more flights to Riyadh, Jeddah and Dammam -
Savola to buy Al Hokair's stake in Panda
Savola Azizia will become the sole owner of Azizia Panda. -
Second delay for Dubai Holding’s $555m loan repayment
Repayment delayed until 30 November -
Smoke-filled cockpit caused plane crash in UAE
The UAE’s General Civil Aviation Authority are now trying to locate the digital flight data recorder -
Sonatrach awards Saipem gas separation contract
Italian contractor to build oil-gas separation unit next to LPG facility in central Algeria -
Sony wins Oman TV buildings contract
Japanese firm will fit-out TV complexes in Muscat and Salalah -
South Korean firm wins Bahrain refinery wastewater plant
GS Engineering & Construction wins $70m deal -
State pension fund to invest in Egypt's private sector
Investments will follow new pension in January 2012 -
Staywell Hospitality Group set to open first property in Dubai
Hotel is in Bur Dubai -
Sudan: Cut-outs and fuses
Supply of cut-outs and fuses for an electrification project -
Sudan: Distribution transformers
Supply of distribution transformers for an electrification project -
Sudan: Insulators
Supply of insulators for an electrification project -
Sudan: Metering breaker panel
Supply of a metering breaker panel for an electrification project -
Sudan: Police station construction
Construction of five police stations -
Sudan: Vehicles
Supply of vehicles -
Sudan: Water supply and sanitation project
Carrying out a water supply and sanitation project -
Syria issues tender for third cellphone licence
Gulf-based operators are interested in the licence -
Syria looks to Russia for planes as US sanctions stall purchase
Government wants planes with less than 10 per cent of US components -
Syria receives prequalification documents for independent power project
Second round of request for qualification draws 17 responses -
Syria sugar refinery begins output
$90m plant will have an annual capacity of 600,000 tonnes -
Syria: Chemical injection pumps
Supply of chemical injection pumps -
Syria: Gas turbine generator works
Maintenance and overhauling of gas turbine generators -
Syria: Switchgears
Supply of 20kV, SF6 gas-insulated switchgears -
Three new listings planned for Palestine exchange by end of the year
Wataniya Palestine scheduled to be largest listing in 2010 -
ThyssenKrupp pulls out of Iran
German steelmaker will terminate existing contracts as soon as possible -
Tunisia to sign debt commitments for transmission scheme
Loan agreements to be signed by November -
Tunisia: Water treatment study
Carrying out a study for a water treatment project -
UAE considers buying $7bn missile defence system
The system would be used to defend the country against possible ballistic missile attacks -
UAE retail banks to impose stronger credit checks
Institutions plan to lend more responsibly -
UAE stocks surge on market status upgrade
Dubai Financial Market trading reaches highest level since 24 May -
UAE: Building works
Carrying out building maintenance and renovation works -
UAE: Cable test vehicle
Supply of a cable test vehicle -
UAE: Ductile iron and polyethylene pipelines
Supply of iron and polyethylene pipelines -
UAE: Office construction
Construction of a zonal office -
UAE: Overhead power lines
Installation of overhead power lines -
UAE: Power cable laying
Carrying out power cable laying works between substations -
UAE: Rolling stock
Provision of rolling stock for a railway project -
UAE: Shelving project
Implementation of a shelving project -
UAE: Transformers
Supply of transformers -
UAE: Transportation services
Provision of transportation services -
Union Railway invites expressions of interest in rolling stock
Firms are invited to submit expressions of interest in two contracts - one for locomotives and one for freight wagons -
Union Railway to prequalify firms for first major construction contract
Good Harbor appointed as security advisers -
United Metal Coating starts up at Dubai Industrial City
Plant will produce pre-painted aluminium and galvanised steel coils -
UPS plane given permission to land in Doha
Bahrain Air Traffic Control gave the crew permission to land in the Qatari capital -
US magistrate judge rules in favour of Agility
The Kuwait-based logistics company was indicted in November 2009 on allegations of overcharging the US army -
US to notify Congress about Saudi Arabia arms deal
Saudi Arabia is progressing with $60bn plan to boost its defence systems -
Washington reports Baghdad budget surpluses
$11bn budget underspend could allow US to reduce security spending in Iraq -
Work resumes on Nakheel’s Al-Furjan development
Local contractor is already on site -
Yanbu gas-fed cracker restarts
Saudi Basic Industries Corporation (Sabic) unit restarted operations on 10 September -
Zadco extends Satah development deadline
Scheme aims to increase emirate’s offshore oil production
