Browsing All Posts filed under »Projects«

Between booms: Qatar takes a breath between gas and the World Cup

October 16, 2012

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Qatar is pausing to take a breath as it steadies its economy between two boom periods. An extraordinary 10-year boom in Qatar’s gas-exporting infrastructure is petering out, according to an investigation by the Financial Times, leaving business confidence at its lowest ebb in years. Growth in gross domestic product in the small, gas-rich Gulf state, […]

Is Dubai witnessing a return to irrational exuberance?

May 10, 2012

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Drydocks World, the shipbuilding arm of once-debt-riddled Dubai World, says it is all set to open newer horizons in the tourism and hospitality sector by developing underwater hotels and floating cities. Amazingly, Drydocks World believes it can steer its expertise in repair, maintenance and conversion services for ships and boats into the largely uncharted waters […]

Mideast’s USD188bn locomotive of growth

February 22, 2012

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USD 173 billion of track, rolling stock and peripheral development is ongoing in the GCC alone. Even in a region where big numbers have become relatively commonplace over the past five to seven years, here’s one that is guaranteed to railroad you into buying the MENA growth story. More than USD 188 billion worth of […]

Mideast projects spending hits a higher flight path

February 7, 2012

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The challenge is to balance oil-price fluctuations with investment plans. From the USD 43 billion Qatar rail network to the USD 4 billion Saudi-Egypt causeway project, via the USD 8 billion Al Maktoum International airport, the top 25 transportation infrastructure projects under development in the Middle East and North Africa are expected to soak up […]

GCC project revival brings hope to multiple sectors

November 1, 2011

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And the recovery is not restricted to any country or sector. More than USD 67 billion worth of projects have been revived in the Gulf Cooperation Council countries so far in 2011, figures compiled for Zawya indicate. The UAE and Saudi Arabia share top honors with approximately USD 19.5 billion worth of projects revived in […]