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Sector Analysis
Saudi Arabia Projects, H1 2022 – Outlook of Major Projects in Saudi Arabia – MEED Insights
Private Sector participation (PSP) Law and Public-private partnership (PPP) Saudi Arabia’s privatisation drive is poised to advance further in 2022, driven by legislative support from Riyadh and its appetite to work more closely with the private sector. The kingdom’s push for PPPs in recent years forms part of its wider strategy to modernise state-owned assets and attract international investors in order to de-risk government spending. Riyadh expects its long-term growth ambitions will attract investors towards its PPP schemes, and has...
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Sector Analysis
Kuwait Projects 2022 – A comprehensive overview and assessment of the projects market in Kuwait – MEED Insights
Over $131 billion-worth of projects are in the planned or unawarded stage in Kuwait. As this value does not include projects that have still not been announced or are just being conceptualised, the figure could grow in the future. Construction projects contribute to much of the total value of planned projects, followed by the transport sector, and the power sector. Other sectors such as public–private partnership (PPP), oil, gas, chemical, and water have much lower contributions to the total value....
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Sector Analysis
MENA Power 2022 – The outlook for projects and investment in the Middle East and North Africa power market – MEED Insights
The Middle East and North Africa (MENA) power projects market outlook report for projects and investments is a comprehensive country-by-country review of the MENA power sector with in-depth analysis on supply and demand, projected investment levels, the role of the private sector, and the search for alternative energy. With about $30 billion per year of capital spending on major projects, the power sector is one of the strongest and most reliable providers of business and investment opportunities in the MENA...
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Sector Analysis
Saudi Arabia Construction 2021 – Trends, Opportunities, and Challenges in the Middle East’s Biggest Construction Market – MEED Insights
Saudi Arabia is the GCC’s biggest construction market accounting for over 50% of all construction and transport projects planned. However, the construction industry has been severely hit by the impact of the COVID-19 pandemic with the pace of construction contract awards falling sharply in 2020 and 2021. The biggest construction contract awards in Saudi Arabia in 2020 were for military and residential projects and included the King Salman Airbase Facilities Construction and Relocation Project, and the King Faisal Air Academy...
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Sector Analysis
MENA Oil and Gas 2022 – The outlook for oil, gas and petrochemicals projects in the Middle East and North Africa in 2022 – MEED Insights
The Middle East and North Africa (MENA) oil, gas, and petrochemicals projects outlook report is the latest premium intelligence report from MEED insight. Since 2010, around $414 billion of oil, gas & petrochemical project contracts have been awarded in the MENA region. The report provides a comprehensive snapshot of the regional oil and gas projects market at the start of 2020 and examines the outlook for policy and investment in oil, gas, and petrochemicals projects across the MENA region. The...
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Sector Analysis
Gulf Cooperation Council (GCC) Construction Outlook 2021 – Trends, Opportunities and Challenges in GCC Construction in 2021 and 2022 – MEED Insights
After a six-year slowdown triggered by the crash in oil prices in 2014 and deepened by the impact of Covid-19, the GCC construction industry is set for a strong recovery in 2021 and 2022. Boosted by government stimulus spending aimed at accelerating the post-Covid recovery, the region’s contractors, engineers and manufacturers can look to forward to a healthy increase in building and infrastructure projects in the coming two years. And while the government support measures will boost construction activity in...
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Sector Analysis
Qatar 2021 – The New LNG Boom, World Cup 2022 Legacy, and the Opportunities and Challenges for Business – MEED Insights
Amid the challenges of the Covid-19 pandemic, the normalisation of relations between Doha and four of its Arab neighbours following a three-and-a-half-year diplomatic dispute is a breath of fresh air for Qatar's economy and society. It comes at an important time for the country. Over the past decade, the focus of Qatar’s investment has been on the development of the infrastructure needed to deliver the FIFA football World Cup in 2022, on the stadiums, the airports, rail and metro lines,...
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Sector Analysis
Oman 2021 – Trends and Opportunities for Business in the Sultanate of Oman – MEED Insights
Over the past few years, there has been a significant escalation in project activity in Oman with several notable megaprojects completed such as the Duqm refinery, the new Muscat international airport, and the Batinah expressway scheme. And with more than $170bn worth of projects planned or under way, Oman offers a strong pipeline of future opportunities. The Covid-19 pandemic and weak oil prices had a significant negative effect on Oman’s project market in 2020 with less than $5bn worth of...
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Sector Analysis
Public Private Partnership (PPP) in the Middle East and North Africa 2021 and beyond – MEED Insights
Modern infrastructure and world-class public services are central to the national visions being pursued across the Middle East and North Africa (Mena), as governments try to meet the needs of growing populations. Equally important, is the goal to grow private sector participation in driving growth and creating jobs. Executed properly, public private partnerships (PPP) will deliver these goals. PPPs provide a model that allows governments to continue developing strategic projects and services without the need to increase direct state capital...
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Sector Analysis
MEED Insights: Saudi Arabia 2018 – New opportunities in the Middle East’s biggest market
The launch of the $500bn Neom future city project in late 2017 marked the start of a new phase of development for the giant Saudi Arabian economy – presenting numerous investment and business opportunities across all sectors. There has never been a better time to engage with Saudi Arabia. With confidence returning to the global energy markets, oil prices are rising once again and momentum is building behind the kingdom’s Vision 2030 economic transformation programme. Written by MEED, the Middle...