MEED (Middle East)

MEED (Middle East)

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MENA projects, infrastructure, finance and risk.

WEBINAR: UAE Projects Market 2026
NewsApr 16, 2026

WEBINAR: UAE Projects Market 2026

The upcoming MEED webinar on 28 April 2026 will dissect the UAE’s projects market, reviewing 2025 performance and the value of work awarded year‑to‑date in 2026. Organisers will assess how the Iran conflict is reshaping supply chains, material costs, and war‑risk premiums...

By MEED (Middle East)
PIF Backs Neom
NewsApr 16, 2026

PIF Backs Neom

Saudi Arabia’s Public Investment Fund (PIF) has officially added Neom to its six strategic ecosystems in the newly approved 2026‑2030 plan, reaffirming support for the $500 bn megaproject after a series of setbacks. The project’s outlook had dimmed following the postponement...

By MEED (Middle East)
Saudi Arabia Restores Capacity of Affected Oil and Gas Assets
NewsApr 13, 2026

Saudi Arabia Restores Capacity of Affected Oil and Gas Assets

Saudi Arabia’s Ministry of Energy announced that the East‑West oil pipeline, which lost about 700,000 barrels per day in the April 9 Iranian attacks, has been restored to its full 7 million b/d capacity. Production at the Manifa field, previously reduced by 300,000 b/d,...

By MEED (Middle East)
Turkish Firm Launches Mecca Villas Project
NewsApr 10, 2026

Turkish Firm Launches Mecca Villas Project

Turkish real‑estate developer Emlak Konut announced Hayat Makkah, its inaugural Saudi venture comprising 1,014 villas ranging from 150 m² to 5,000 m². The project, part of the National Housing Company’s Mecca Gate masterplan, is backed by an investment agreement exceeding SR 1 bn (about $266 m). The deal...

By MEED (Middle East)
Prequalification Begins for King Salman Stadium Early Works
NewsApr 9, 2026

Prequalification Begins for King Salman Stadium Early Works

Saudi Arabia’s Sports Ministry opened pre‑qualification on 8 April for early works at the King Salman International Stadium in Riyadh, with submissions due by 28 April. The venue will cover roughly 660,000 sq m, seat 92,000 spectators and feature extensive hospitality and VIP amenities....

By MEED (Middle East)
Saudi Firm to Develop $300m Syria Beaumont Project
NewsApr 9, 2026

Saudi Firm to Develop $300m Syria Beaumont Project

Saudi-based Ezdihar Holding has signed a 50‑year joint venture with Syria’s Ministry of Tourism to build The Beaumont, a $250‑$300 million mixed‑use development in Damascus. The 77,000‑square‑metre project will feature two waterfront towers—a 150‑room luxury hotel and a 26‑floor residential tower—plus...

By MEED (Middle East)
Bapco Energies Reports Iranian Drone Attack on Facility
NewsApr 7, 2026

Bapco Energies Reports Iranian Drone Attack on Facility

Bapco Energies confirmed that an Iranian drone struck one of its storage facilities on 5 April, igniting a tank fire that was quickly extinguished by Bahraini emergency teams. The incident caused no injuries, and the company is currently assessing damage. This...

By MEED (Middle East)
Frontrunner Emerges for Safaniya Field Expansion Tenders
NewsApr 1, 2026

Frontrunner Emerges for Safaniya Field Expansion Tenders

Saudi Aramco is close to awarding two major offshore tenders, CRPO 154 and 155, for the Safaniya field expansion, with a combined value of about $600 million. Italian contractor Saipem has emerged as the frontrunner for these contracts and already secured CRPO 156,...

By MEED (Middle East)
Drone Strikes Kuwait International Airport
NewsApr 1, 2026

Drone Strikes Kuwait International Airport

Kuwait International Airport suffered a second drone attack on April 1, 2026, when unmanned aircraft struck fuel tanks, igniting a large fire but causing no casualties. The incident follows a March 28 raid that damaged the airport’s radar system, suggesting an escalating...

By MEED (Middle East)
AD Ports Earmarks $667m for Port Infrastructure in 2026
NewsApr 1, 2026

AD Ports Earmarks $667m for Port Infrastructure in 2026

AD Ports Group announced a $667 million investment in port‑infrastructure projects for 2026, alongside a $345 million allocation for new LPG and LNG storage terminals through 2028. The company reported record 2025 results, with revenue of roughly $5.7 billion and net profit of...

By MEED (Middle East)
Algeria Tenders Multibillion-Dollar Railway Construction
NewsMar 28, 2026

Algeria Tenders Multibillion-Dollar Railway Construction

Algeria’s state railway agency Anesrif has issued two tenders totaling over US$2.5 billion to build a 495‑kilometre Laghouat‑Ghardaia‑El‑Meniaa line. The project, split into a 265‑km northern section and a 230‑km southern stretch, will feature high‑speed passenger service up to 220 km/h and...

By MEED (Middle East)
Iraq Expects to Increase Northern Pipeline Oil Exports
NewsMar 28, 2026

Iraq Expects to Increase Northern Pipeline Oil Exports

Iraq is currently sending 200,000 barrels per day of crude through the Iraq‑Turkiye Pipeline, and officials expect to lift that to 300,000 barrels daily in the near term. The blend includes oil from Kirkuk and about 40,000 barrels from the...

By MEED (Middle East)
Kuwait Restores Power Lines After Debris Damage
NewsMar 28, 2026

Kuwait Restores Power Lines After Debris Damage

Kuwait’s Ministry of Electricity, Water & Renewable Energy announced that it has restored multiple overhead transmission lines damaged by falling debris from recent air‑defence activities. Seven high‑voltage lines were taken offline on 24 March, but most have been repaired, with two...

By MEED (Middle East)
Neom Terminates $5bn Trojena Dams Contract with Webuild
NewsMar 26, 2026

Neom Terminates $5bn Trojena Dams Contract with Webuild

Saudi Arabia’s NEOM megaproject has terminated its $5 billion contract with Italian builder Webuild for three Trojena dams and the signature "Bow" structure. The works were roughly 30% complete, leaving Webuild with an estimated $3.2 billion backlog. The move follows a string...

By MEED (Middle East)
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