1. Kuwait’s Real GDP Will Grow By 5.6% In 2011-12, Says QNB Capital

    ...rther non-oil expansion, resulting in 1% GDP growth to $167bn, it added. A new development plan is attempting to push ahead with $110bn of projects until 2014; half of it is intended to be financed by the private sector. The state has pledged to guarantee KD10bn ($36.49bn) of bank loans to pr...

    Volume: 54
    Issue: 37
    Published at Mon, 12 Sep 2011
  2. KNPC Awards Acid Gas Removal Plant Contract To Tecnimont

    ...nstruction of an acid gas removal plant to Italy’s Tecnimont on 6 September. The project will be executed on a lump sum turnkey basis for $406mn, KUNA reported. Completion is expected by 2014. The contract foresees the provision of engineering, procurement, construction and commissioning (EPCC) services for ne...

    Volume: 53
    Issue: 37
    Published at Mon, 13 Sep 2010
  3. ERC Targets Early 2010 Financial Close For Musturud Refinery Upgrade

    ...rtial exemptions will be granted to refineries which supply the local market. While the project will go ahead, the tax issue has yet to be fully clarified, MEES further understands. ERC suggests that the refinery upgrade/expansion will be completed by 2014 (MEES, 24 August). It was originally due on...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009
  4. Dubai Metro, Gulf’s First Train Network, Starts Up

    ...d first class carriages, and a wireless internet service on every train. The whole network will be completed in 2014 and plans call for it to span 318km eventually. The Dubai authorities anticipate 200mn passenger journeys per year. The railway took four years to build and cost $7.64bn – double th...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009
  5. Kashagan Early Oil May Be Delayed To 2014

    ...Middle East Economic Survey VOL. LI No 37 15-Sept-2008 CASPIAN Kashagan Early Oil May Be Delayed To 2014 Timur Kulibayev, Chairman of Kazakh oil producers’ association KazEnergy told a conference in Astana on 4 September that start-up of the early oil phase of the Kashagan oil fi...

    Volume: 51
    Issue: 37
    Published at Mon, 15 Sep 2008