{"id":42219,"date":"2024-08-01T10:04:00","date_gmt":"2024-08-01T10:04:00","guid":{"rendered":"https:\/\/gulftimes.ae\/read-the-august-2024-meed-business-review\/"},"modified":"2024-08-01T10:04:00","modified_gmt":"2024-08-01T10:04:00","slug":"read-the-august-2024-meed-business-review","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=42219","title":{"rendered":"Read the August 2024 MEED Business Review"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<p>Gulf steelmakers spend billions going green; Prospects for Maghreb region improve despite challenging political environment; Good times continue to roll for GCC banks<\/p>\n<div>\n<p>Gulf steelmakers are undertaking projects that could establish the region as a green steel hub.\u00a0<\/p>\n<p>While the Middle East and North Africa accounts for just 5% of global steel output, steelmakers in the region \u2013 particularly in the Gulf \u2013 have committed billions of dollars to investments in steel projects that can\u00a0implement most proven clean technologies.<\/p>\n<p>With projects increasingly turning to regional producers for low-carbon steel, the <strong>August issue of MEED Business Review<\/strong> looks at why the region can <strong>expect more of these deals in the future<\/strong>.\u00a0<\/p>\n<p>In our <strong>latest issue<\/strong>, we also learn that cleaning up one of the world\u2019s most polluting industries requires a steely resolve. Read about how regional and international steelmakers are tackling the challenge of decarbonisation\u00a0<strong>here<\/strong>.<\/p>\n<p>Meanwhile, this month&#8217;s\u00a0exclusive\u00a022-page market report highlights the <strong>Maghreb<\/strong>, where stable growth, lower inflation and higher project activity all bode well for <b>Algeria<\/b>,<b> Libya<\/b>,<b> Morocco <\/b>and<b> Tunisia<\/b>, despite a dim political backdrop across the region.<\/p>\n<p><strong>MEED&#8217;s latest issue<\/strong>\u00a0is packed with insight and analysis. The team assesses what the <strong>victory of reformist candidate\u00a0Masoud Pezeshkian<\/strong> in the second-round run-off vote of Iran\u2019s 2024 presidential election will mean for the country; looks at how <strong>banking institutions\u00a0in the Gulf<\/strong> are generally in robust health despite looming interest rate cuts; and learns that conflict in the Middle East has yet to make its way onto the balance sheets of <strong>Middle East banks<\/strong>.\u00a0<\/p>\n<p><strong>In this month&#8217;s issue<\/strong>, we also examine\u00a0how <strong>sandboxes are spurring innovation in the Middle East<\/strong>.<\/p>\n<p>What&#8217;s more, the <strong>August<strong>\u00a0<\/strong>issue<\/strong>\u00a0includes interviews with Gerry Traynor, senior vice-president of Middle East projects at\u00a0UK-based <strong>engineering consultant Wood Group<\/strong>; and\u00a0Fahad AlSolaie, deputy mayor for digital transformation and smart cities at <strong>Riyadh Region Municipality<\/strong>.\u00a0<\/p>\n<p>We hope our valued subscribers enjoy the<strong> August\u00a02024\u00a0issue of MEED Business Review<\/strong>.\u00a0<\/p>\n<p><span style=\"color:#FF0000;\"><img decoding=\"async\" alt=\"\" src=\"https:\/\/image.digitalinsightresearch.in\/Uploads\/ImageLibrary\/Active\/MEED\/1._Useful_things\/MEEDcom-contentbanner-linkedin.jpg\" style=\"float: left; width: 253px; height: 36px;\" \/><\/span><span style=\"color:#FF0000;\"><img decoding=\"async\" alt=\"\" src=\"https:\/\/image.digitalinsightresearch.in\/Uploads\/ImageLibrary\/Active\/MEED\/1._EXCLUSIVE\/M_ExclusiveTAG.gif\" style=\"float: right; width: 178px; height: 30px;\" \/><\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"color:#FF0000;\"><img decoding=\"async\" alt=\"\" src=\"https:\/\/image.digitalinsightresearch.in\/Uploads\/ImageLibrary\/Active\/MEED\/1._Useful_things\/MEEDcom-contentbanner-subscribe.jpg\" \/><\/span><\/p>\n<p>Must-read sections in the<strong>\u00a0August 2024\u00a0issue of MEED Business Review\u00a0<\/strong>include:<\/p>\n<p><strong><span style=\"color:#FF0000;\"><img decoding=\"async\" alt=\"\" src=\"https:\/\/image.digitalinsightresearch.in\/Uploads\/ImageLibrary\/Active\/MEED\/2024\/8._August\/PUSH_pics\/Banking-report-PUSH.gif\" style=\"margin-left: 4px; margin-right: 4px; float: right;\" \/>&gt;\u00a0<\/span>AGENDA:\u00a0Gulf charts green steel pathway<\/strong>;<strong>\u00a0Steel takes on decarbonisation<\/strong><\/p>\n<p><strong><span style=\"color:#FF0000;\">&gt; <\/span>CURRENT AFFAIRS:\u00a0Iranian election delivers reformist victory<\/strong><\/p>\n<p><strong><span style=\"color:#FF0000;\">&gt; <\/span>INTERVIEW:\u00a0Wood seeks to improve grip on Gulf market<\/strong><\/p>\n<p><strong><span style=\"color:#FF0000;\">&gt;\u00a0<\/span>LEADERSHIP:\u00a0Sandboxes spur innovation in the Middle East<\/strong><\/p>\n<p><strong><span style=\"color:#FF0000;\">&gt; <\/span>RIYADH REGION MUNICIPALITY:\u00a0Transforming Riyadh into a world-class city<\/strong><\/p>\n<p><strong><span style=\"color:#FF0000;\"><strong><img decoding=\"async\" alt=\"\" src=\"https:\/\/image.digitalinsightresearch.in\/Uploads\/ImageLibrary\/Active\/MEED\/2024\/8._August\/PUSH_pics\/Maghreb-screen.gif\" style=\"margin-left: 0px; margin-right: 5px; float: left;\" \/><\/strong><\/span><\/strong><span style=\"color:#FF0000;\"><strong>&gt; MAGHREB<\/strong><\/span><strong>\u00a0MARKET REPORT: <\/strong><\/p>\n<p><strong><span style=\"color:#FF0000;\"><strong>&gt; POLITICS:\u00a0Maghreb region grapples with governance<br \/>&#13;<br \/>\n&gt;\u00a0ECONOMY:\u00a0Olive oil and renewables offer respite<br \/>&#13;<br \/>\n&gt; INVESTMENT:\u00a0Morocco garners increased foreign investment\u00a0<br \/>&#13;<br \/>\n&gt; ALGERIA OIL SECTOR:\u00a0Chevron deal raises Algerian oil and gas hopes<br \/>&#13;<br \/>\n&gt;\u00a0LIBYA OIL SECTOR:\u00a0Libya struggles to stabilise energy sector<br \/>&#13;<br \/>\n&gt;\u00a0MOROCCO OIL SECTOR:\u00a0Oil and gas companies press on in Morocco<br \/>&#13;<br \/>\n&gt;\u00a0HYDROGEN: Maghreb eyes hydrogen breakthrough<br \/>&#13;<br \/>\n&gt;\u00a0POWER:\u00a0Algeria jumpstarts its renewables programme<br \/>&#13;<br \/>\n&gt;\u00a0RAIL:\u00a0Maghreb\u00a0rail sector heads for boom<br \/>&#13;<br \/>\n&gt;\u00a0CONSTRUCTION:\u00a0Maghreb construction sector brightens<br \/>&#13;<br \/>\n&gt;\u00a0MAGHREB DATABANK:\u00a0<\/strong><\/span><strong>Maghreb markets improve metrics<\/strong><\/strong><br \/>&#13;<br \/>\n\u00a0<\/p>\n<p><strong><strong><span style=\"color:#FF0000;\"><strong>&gt;\u00a0<\/strong><\/span><strong>MEED COMMENTS:\u00a0<\/strong><\/strong><br \/>&#13;<br \/>\n<strong><strong><span style=\"color:#FF0000;\">&gt; <\/span><\/strong><\/strong>Saudi projects move to reflect World Cup focus<br \/>&#13;<br \/>\n<strong><strong><span style=\"color:#FF0000;\">&gt; <\/span><\/strong><\/strong>Doha steps up drive to foster demand for projects<\/strong><br \/>&#13;<br \/>\n<strong><strong><strong><span style=\"color:#FF0000;\">&gt;\u00a0<\/span><\/strong><\/strong>PIF hydrogen move changes game<\/strong><br \/>&#13;<br \/>\n<strong><strong><strong><span style=\"color:#FF0000;\">&gt;\u00a0<\/span><\/strong><\/strong>Aramco gives shape to massive gas portfolio<\/strong><\/p>\n<p><strong><strong><strong><span style=\"color:#FF0000;\">&gt; <\/span>GULF PROJECTS INDEX:\u00a0<\/strong><\/strong>Iraq drives Gulf projects market growth<\/strong><strong> <\/strong><\/p>\n<p><strong><strong><strong><span style=\"color:#FF0000;\">&gt; <\/span>JUNE<\/strong><strong>\u00a02024\u00a0CONTRACTS: <\/strong><\/strong>Saudi Arabia contributes almost half of regional total<\/strong><strong> <\/strong><\/p>\n<p><strong><strong><strong><span style=\"color:#FF0000;\">&gt; <\/span>ECONOMIC DATA:<span style=\"color:#FF0000;\">\u00a0<\/span>Data drives regional projects<\/strong><\/strong><\/strong><\/p>\n<p><strong><strong><strong><span style=\"color:#FF0000;\">&gt; <\/span>OPINION<span style=\"color:#000000;\">:\u00a0<\/span><\/strong><\/strong>The death of political risk<\/strong><strong> <\/strong><\/p>\n<p><strong><strong><strong><span style=\"color:#FF0000;\">&gt;\u00a0<\/span>BUSINESS OUTLOOK: Finance, oil and gas, construction, power and water contracts<\/strong> <\/strong> <\/strong><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.meed.com\/meed-business-review-august-2024\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gulf steelmakers spend billions going green; Prospects for Maghreb region improve despite challenging political environment; Good&hellip;<\/p>\n","protected":false},"author":1,"featured_media":42222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[2],"tags":[1970,889,461,1969,879],"class_list":["post-42219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae","tag-august","tag-business","tag-meed","tag-read","tag-review"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Read the August 2024 MEED Business Review - Gulf Times | News by the minute<\/title>\n<meta name=\"description\" content=\"Gulf Times: Latest news across the GCC from UAE, Bahrain, Qatar, Oman, Yemen, Saudi Arabia\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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