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…
Tag: MEED
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…
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…
MEED Oman Project Forum told SME Development Fund has started activities
Al Bustan Palace, Oman. 28 October 2014. The MEED Oman Projects Forum was told this morning that the SME Development Fund, which raised its first RO 20 million ($5.4 million) tranche in February, is developing its initial SME promotion and…
MEED Oman Projects Forum told Oman contract awards to hit all-time high in 2014
Al Bustan Palace, Oman. 28 October 2014. The value of contracts placed in Oman will reach an all-time high of more than $10bn in 2014 and this figure could rise to $13.7bn in 2015, MEED Projects’ director of analysis Ed…