Published on Aug 4th, 2009 in Press | 1 Comment »
The transport sector is one of the Middle East and North Africa’s biggest investment magnets, as governments and their private partners start to turn the region’s often antiquated and under-developed maritime, rail, road and air infrastructure into world-class assets, writes Ian Lewis…
The ambitious nature of these plans is demonstrated in the ports segment, where more [...]
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Across the GCC of late, states have been gearing up to match supply with demand in the energy sector. Long-term growth predictions, mega-projects and housing shortages have all contributed to the need for the region’s flagship cities to work together to overcome concerns raised by power supply.
In Doha, it is no different. As skyscrapers continue [...]
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Thanks to its strong fiscal reserves, continued flow of revenue from gas exports and the financial sector’s relatively low levels of exposure to the markets in the US or Europe, Qatar is better placed than most of its neighbours to weather the current economic downturn.
According to the IMF’s latest projections, issued in early May, the [...]
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By Dania Saadi, Reuters
DUBAI — Bombardier Inc. is eyeing 4-billion euros (US$5.44-billion) worth of rail contracts over the next five years in the Gulf Arab region, where public spending is rising to lift shrinking economies, a company executive said.
Bombardier, the world’s No. 1 passenger train maker, is keen to take part in about 1-billion euros [...]
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