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Low income development consists of 81 low rise buildings
Saudi Binladin in banks talks to rollover debtSubscription
Contractor approaches lenders to get loans to meet short-term liabilities
It is always a good time to launch tall towersSubscription
Market conditions inevitably change during the construction of long term projects
Calatrava selected to design Dubai towerSubscription
New landmark will be built in the Creek area
Dubai tenders airport upgrade worksSubscription
Contract covers upgrade of systems supporting existing concourse
Nakheel profits dip in fourth quarter of 2015Subscription
Full-year profits rise by 19 per cent for Dubai developer
Firms prepare to submit Abu Dhabi mall bidsSubscription
Retail development will be built on Reem Island
Oman prequalifies for museum construction workSubscription
Cultural landmark will be built using locally sourced materials
Contract covers work on the existing passenger terminal
Riyadh completes Mecca crane accident inquirySubscription
Saudi Arabia is expected to make an announcement on findings within weeks
Contract values expected to grow by at least 10 per cent in 2012
Visits to Doha from Dubai are a far more sociable affair than they used to be. In the past a trip to Qatar normally meant lonely nights in a hotel room catching up with emails and work.
People in Doha say it is the stadiums planned for the 2022 Fifa World Cup. Others say it is the proposed rail and metro networks. Some say it is the port or the airport, both of which are currently under construction. And some still say it is in the on hold causeway that will connect Qatar with Bahrain.
In early 2009 I visited a Dubai-based contractor and during the meeting I was concerned that the company’s general manager was about to have a heart attack as he told me how much money his company was owed by local developers.
Dubai is a city that thrives on rumours and back in 2004 there was one story that everyone was talking about. The Palm Jumeirah is sinking. I remember being told the tale by engineers, housewives and taxi drivers. Everybody seemed to know about it.
In the desert outside Al-Ain the temperature in the UAE is forecast to cross 40°C this week for the first time this year. The event might not be a major one, but it’s a timely reminder that the cool days of winter are over and summer is fast approaching.