MEED | Middle East Economic Digest

What do you think about #Egypt's projects market? How crucial is the #UAE's role? Tell us what you think below by commenting and voting! #poll

Congratulations to our Highly Commended Winners at the MEED Projects Awards 2024 in Association with Mashreq! Highly Commended projects deserve recognition for their remarkable contributions to innovation, sustainability and engineering excellence across the MENA region. These projects may not have claimed the top award, but they truly embody resilience, ingenuity and the drive to make a difference. Celebrating Excellence in Projects: • Power Transmission Project of the Year: North-South Grid Interconnection (Rabt) Phase 1 by OETCOman  • Desalination Project of the Year: Hamriyah SWRO Plant Rehabilitation & Upgrade by Saudi Water Partnership Company الشركة السعودية لشراكات المياه / Sharjah Electricity, Water and Gas Authority (SEWA)  • Water Transmission Project of the Year: Al-Dakhiliyah Water Transmission System Reinforcement Phase 2 by L&T Construction – Water & Effluent Treatment IC • Energy Project of the Year: MIDOR Refinery Expansion by ENPPI  • Education Project of the Year: British King's College, Doha by The Arab Contractors Company (Osman Ahmed Osman & Co.)  • Culture Project of the Year: Adobe Materials Production & Education Centre by Diriyah Company l شركة الدرعية  • Hotel Project of the Year: FIVE LUXE JBR by AE7 • Transport Project of the Year: Hamad International Airport Passenger Terminal Expansion by Midmac Contracting Company W.L.L.- TAV Construction  - Taisei Corporation Joint Venture • Industrial Project of the Year: DHL Airway Gateway & Logistics Centre, Abu Dhabi International Airport by Group AMANA • Refit Project of the Year: Refurbishment of the JW Marriott, Kuwait City by Pace | Architecture, Engineering + Planning • Small Project of the Year: Estidama Mosque by Masdar City  • Development Project of the Year: Lusail Plaza Towers 3 & 4 by EHAF Consulting Engineers We applaud the teams and organisations behind these commendable efforts for their dedication and vision! Thank you for your commitment to advancing the project industry, and we look forward to witnessing more milestones from you in the years ahead. Register your interest for the MEED Projects Awards 2025: https://lnkd.in/duvJiyhE  #MPA2024 #Projects #MEED #Mashreq

Principal buyer Saudi Power Procurement Company has signed the power-purchase agreements for four thermal power plants and one solar photovoltaic farm in Saudi Arabia: https://lnkd.in/d7tXbdPX #power #deals #thermalpower #solar #saudiarabia

How can we overcome the barriers to EV adoption? Electric vehicles are key to a sustainable future, but challenges like range anxiety, affordability, and charging infrastructure still hinder widespread adoption. In October, the Mashreq MEED Automotive Roundtable gathered industry experts to discuss innovative solutions and the role of robust policies in tackling these issues. From expanding charging networks to making EVs more accessible, the insights shared at the event highlight a clear path forward for the EV revolution. Discover more: https://lnkd.in/d8ztf-Gc Mashreq Corporate & Investment Banking Group Karim Amer #EVAdoption #Sustainability #Innovation #Automotive

Emirates Development Bank has announced a AED100m ($27m) financing agreement with Dubai-based renewable energy firm Yellow Door Energy to support the development and operation of more than 60 solar photovoltaic plants across the UAE: https://lnkd.in/d6bmvNxc #uae #financing #renewableenergy #solar #energytransition

Tell us what you think below! 💡 #NorthAfrica #China #Construction #Infrastructure

South Korea’s Hyundai Engineering & Construction has won a KRW1tn ($725m) contract to build a high-voltage direct current network project in Saudi Arabia: https://lnkd.in/dNiBvJkR #HVDC #power #transmission #contract #saudiarabia

📢 LIVE: MEED Dubai Subscriber Briefing The MEED Subscriber Briefing Dubai wraps up with lively networking. Thank you to our speakers, Ed James and Cyrus Mewawalla, and to all attendees for a valuable day of insights and connections. We look forward to seeing you at future MEED events! #SubscriberBriefing #Dubai #MEED

📢 LIVE: MEED Dubai Subscriber Briefing Ed James is now presenting an in-depth review of the GCC projects market in 2024 and key drivers for 2025. Focused insights on Saudi giga projects and the UAE real estate sector are setting the stage for what’s ahead. #SubscriberBriefing #Dubai #MEED

📢 LIVE: MEED Dubai Subscriber Briefing Cyrus Mewawalla has officially opened the Dubai Subscriber Briefing! With exclusive insights on the horizon, we’re ready to dive into the importance of AI in the Construction industry. Do you have an AI strategy? Comment Yes or No below! #SubscriberBriefing #Dubai #MEED