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The Big 5 meet focuses on key issuesThe region’s top industry leaders in the building and construction industry met at The Big 5’s two-day conference to discuss some of today’s key issues for the industry and to look forward to the future. The Big 5, the leading internationa More… |
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$657bn projects active in UAE says studyA combined $657 billion worth of projects are still active (not cancelled, completed or on-hold) in the UAE, according to a study. The research, undertaken by Dubai-based research and analysis think tank Proleads, identified 1,845 active p More… |
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GCC to spend $4.5bn on IT systems by 2011Gulf countries are forecast to spend up to $4.5 billion on IT and communications hardware for new civil projects between now and 2011, according to figures released by a database firm. The estimation was made by project database company Pr More… |
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$698bn worth projects now under way in UAECivil construction projects worth $582 billion have been put on hold in the UAE, while projects worth $698 billion continue to move ahead, according to a study. The global economic downturn is taking an increasing toll on the nation More… |
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GCC oil output to rise 10mbpd by 2015A massive $300 billion investment to boost oil production is under way in the Gulf and this could see the region deliver a staggering 10 million barrels of crude a day in added capacity by 2015, according to a study. More than half of this More… |
Memex to focus on GCC manufacturing sectorAbu Dhabi will be hosting the Middle East Manufacturing Exhibition (Memex) to provide a platform for regional manufacturers to meet local, regional and international suppliers. The event will be held at the Abu Dhabi National Exhibition Ce More… |
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GCC property projects ‘worth $1 trillion’GCC oil producers have started work on more than $1 trillion of real estate projects as they spend windfall energy-export revenues on malls, office towers and theme parks, a Dubai-based consultancy said. There are 885 active building sites More… |
