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Sector Analysis
Middle East Renewables 2021 – Renewable Energy Policy, Investment and Projects in the Middle East and North Africa – MEED Insights
Despite the devastating impact of the Covid-19 pandemic, the outlook for investment in the Middle East’s renewable energy sector is bright. The long-term rise in demand for energy remains undimmed by the pandemic, while the need to diversify energy sources and to decarbonise the economy to combat climate change has put renewables at the top of the energy policy agenda. At the same time, new technologies, such as green hydrogen, are catching the eye of policymakers and investors. While the...
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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
Middle East Water, 2021 – Water and Wastewater Project and Investment Opportunities in the Middle East and North Africa – MEED Insights
While the Covid-19 pandemic has damaged prospects across many of the region’s traditional business sectors, it has boosted the outlook for water and wastewater investment in the Middle East and North Africa. In a region characterised by a lack of rivers, lakes and rainfall, water security has long been a priority, but the pandemic has refocused Middle East states on the vital importance of water security. GCC water demand is set to rise by about 62 per cent by 2025....
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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
MENA Oil and Gas 2021 with COVID-19 Impact Update – Outlook for Oil, Gas and Petrochemicals Projects in the Middle East and North Africa in 2021 – MEED Insights
Middle East oil and gas is entering an expansive period as regional firms undertake major field development programmes, expedite unconventional hydrocarbons exploration drives and work to secure their future market share in the industry. Since 2011, more than $300bn of oil and gas project contracts have been awarded in the Mena region. These investments have strengthened Saudi Arabia’s position as the world’s most influential oil exporter, and pushed Qatar into the number one spot for both liquefied natural gas (LNG)...
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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
United Arab Emirates (UAE) Outlook 2021 – Opportunities and Challenges in the Middle East’s most Dynamic Market after COVID-19 – MEED Insights
As the world recovers from the ravages of covid-19 pandemic in 2021, the UAE will celebrate its 50th anniversary. It also host Expo 2020 Dubai. With one of the most diversified economies among regional oil producers, vast sovereign wealth and easy lines of credit, the UAE already had an economy that was better positioned to roll with the punches of the Covid-19 crisis than many others in the region and around the world. While the global pandemic has slashed oil...
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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...
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Sector Analysis
MEED Insights: GCC Construction Outlook 2018 – A powerful and authoritative assessment of the prospects for construction projects in the region
The GCC construction industry is at an important turning point. With the outlook for oil prices improving, governments are restarting much-needed infrastructure projects. They are also seeking to build momentum on their economic programmes by pushing ahead with flagship megaprojects. With $1.2tn of roads, buildings and infrastructure projects planned across the GCC at the start of 2018, the region offers abundant opportunities for construction contractors, engineers, project managers and manufacturers. As a result, construction companies can look forward to a...
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Sector Analysis
MEED: Middle East & North Africa (MENA) Oil and Gas Market 2018
While projects worth more than $250bn are already under execution as of November 2017, the MENA region is expected to witness investment of an additional $399bn in new projects in the oil and gas sector by 2025. Middle East producers continue to explore and develop their fields, boost production capacities and focus on expanding the downstream sector as the countries witness sustained growth in demand for petroleum products. Planned investments in the upstream sector are expected to reach over $115bn,...