After the economic challenges of 2009, the tight budgets and energy imperatives, the construction industries mood is more optimistic with GCC economies forecast to grow 15% in 2010.
As the outlook for the sector brightens, there are real positives to talk about and look forward to. Including the landmark event,Arabian Construction Week.
First-ever Excellence in Construction Award winners unveiled at CityBuild Abu Dhabi
A pioneering senior executive who has broken male domination of the region’s building industry boardrooms has received the first-ever Woman in Construction Award.
Receiving the award at CityBuild Abu Dhabi, a new trade show for the Middle East building and construction industry, Fatima Obaid Al Jaber, Chief Operating Officer of Al Jaber Group, said: “By receiving this award I hope to be opening the doors for more women to follow.”
World’s tallest building and Downtown Dubai take top honours at
Cityscape Awards for Real Estate in the Middle East and North Africa
Burj Khalifa, the tallest building in the world which forms the iconic centerpiece of Downtown Dubai, has been named the winner of the mixed use project award in the prestigious Cityscape Awards for Real Estate in the Middle East and North Africa.
Latest Proleads study released at CityBuild Abu Dhabi analyses current status of UAE civil construction market
Dubai, United Arab Emirates: A total of 1,296 projects valued at more than $418 billion are currently being built in the United Arab Emirates, with an additional 303 projects worth $143 billion already in the design, planning and or bidding stage, according to the latest market analysis published by UAE-based research company Proleads Global today.
Public-private partnerships to lead the way in multi-billion dollar infrastructure projects, say organisers of CityBuild Abu Dhabi
Heavy investment in infrastructure helping to reduce contraction in construction industry, say organisers of CityBuild Abu Dhabi
Government-led investment in major infrastructure and strategic projects is helping to reduce contraction in construction activity in the Gulf Co-operation Council (GCC) countries, according to the organisers of CityBuild Abu Dhabi, a new trade show for the region’s building and construction industry, which takes place from 18-21 April 2010 at the Abu Dhabi National Exhibition Centre.
Rents on property in Dubai, have fallen by up to 50%, with between 10 and 30% being the average, and even those on Palm Jumeirah have fallen by around a third. According to many analysts, though, whilst 2009 was the year of the fall, 2010 will be a stabilising year, and 2011 will be the year when the real recovery will happen.
Emirates Construction Magazine is one of the leading trade publications in the UAE, catering for the full spectrum of companies involved in the construction industry, from concept to consumer
