Jumeirah at Etihad Towers, 27 November 2014. Housing and infrastructure are among the top priorities of the Egyptian government, Egypt’s Housing, Utilities & Urban Communities Minister Mostafa Madbouly told the MEED Invest in Egypt Conference this morning. He said the government’s…
Month: November 2014
MEED conference told IMF Kuwait Article IV report to call for new policies to increase efficiency and productivity
The MEED Kuwait Projects Conference was told this morning that the IMF’s Article IV report, due to be released early next month, will call on Kuwait’s policymakers to take steps to counter the effect of lower oil prices by boosting…
KNPC CEO accepts MEED Kuwait Projects Leadership Award
The annual MEED Kuwait Projects Leadership Award was presented this morning to Kuwait National Petroleum Company (KNPC) chief executive officer Mohammad Ghazi Al-Mutairi. “MEED and its customers have decided to recognise each year an organisation or individual that has made…
Kufpec finalises $1bn loan
National Bank of Kuwait (NBK), in cooperation with J.P Morgan Limited, has led a consortium of international, regional and Kuwaiti banks to arrange a syndicated loan of $1 billion for Kuwait Foreign Petroleum Exploration Company (KUFPEC), a wholly owned subsidiary…
Saudi Green Building Forum presents Green Building Awards
The Saudi Green Building Forum, an annual conference organised by MEED in partnership with the Saudi Green Building Trust Foundation, this evening presented leadership awards to 10 Saudi Arabian organisations and companies that are making a significant contribution to increasing…
NBK says Omani growth to continue despite lower oil prices because of growing non-oil acivity
Oman’s real GDP will growth will quicken to 4.5 per cent in 2015 from 4 per cent in 2014 due to strong non-oil growth, particularly in tourism and manufacturing, according to a report published by the National Bank of Kuwait…
No stopping Qatar 2022 World cup now
Doubts about Qatar hosting the FIFA World Cup Finals in 2022 have been decisively dispelled after allegations of corruption were dismissed by FIFA this morning. A FIFA report, which examined the behavior of nations bidding for the next two editions of…
Abu Dhabi water and electricity price rises change face of the local economy
Higher electricity prices for everyone, charges for water consumption by Abu Dhabi nationals and a stinging increase in power use by industry during peak hours in summer are among the features of the most sweeping change in modern history in…
Dame Kelly Holmes, Olympic and Commonwealth champion, tells MEED determination is the key in sport and life
Rosewood Abu Dhabi, Maryah Island, 5 November 2014. Dame Kelly Holmes — gold medal-winning Olympic and Commonwealth middle-distance runner — told MEED at the first Daman Corporate Health Awards tonight that determination is the key to success in both sport and life. “When…
Stellar speakers to address SGBF Conference in Riyadh this month
A world-class panel of speakers will address the 5th SGBF Conference, organised under the patronage of HRH Prince Dr Mansour bin Metib bin Abdulaziz, which is to be held in Riyadh’s Al Faisaliah Hotel on 16-19 November 2014. Prince Mansour…