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Construction News & Analysis

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Nakheel Nad al-Sheba

Dubai developers must end sales price concerns

19 July 2014 | By Colin Foreman

Developing cash-generating assets requires funding, but delivers long-term revenues

Aramco: Investing in future development

Saudi Aramco takes the lead in development

17 July 2014 | By Kevin Baxter

Since its formation, it has led development in the kingdom, stepping beyond the remit of its core business. Today, it shows no signs of slowing down

Biggest mall: Mall of the World is back on track

New mall depicts cautious approach

10 July 2014 | By Colin Foreman

The change in location for Dubai’s Mall of the World shows developers are continuing to be risk-averse

Dubai construction

'Come and we will build' now Dubai's mantra

10 July 2014 | By Colin Foreman

Risk averse developers break from ‘build and they will come’

The Mall of the World site as seen from Sheikh Zayed Road

Dubai must grow for world’s biggest malls

6 July 2014 | By Colin Foreman

Almost every major shopping centre in the emirate is being expanded

Arabtec share price has fallen

Arabtec locked in a fight for survival Subscription Required

26 June 2014 | By Colin Foreman

Company’s ability to manage risks will be thrown into doubt following meltdown

Nakheel back from debt

The milestone is Nakheel is back Subscription Required

25 June 2014 | By Colin Foreman

Prepaying all bank debts will allow Nakheel to return to its former glories

Construction

Contractors await market revival Subscription Required

19 June 2014 | By Andrew Roscoe

Construction contract awards for the first half of 2014 are 66 per cent down on the same period in 2013

Hasan Abdullah Ismaik, former CEO, Arabtec

Arabtec CEO’s abrupt exit Subscription Required

19 June 2014 | By Colin Foreman

Hasan Abdullah Ismaik has resigned with little explanation as to whether the move was due to personal conflict or the board losing faith in him

Dubai real estate

Dubai faces real estate slowdown Subscription Required

12 June 2014

Now that property prices have started to dip, doubts are resurfacing about the strength of Dubai’s market

Qatar Fifa dispute

Fifa dispute to breed distrust Subscription Required

5 June 2014

The conflict raging over Qatar’s hosting of the 2022 World Cup raises concerns that clients will treat foreign firms with suspicion

EPC projects

South Koreans still dominate EPC ranking Subscription Required

5 June 2014

South Korean firms account for six of the top 10 slots in MEED’s list of the highest ranked contractors

Kuwait

Amendment to IWPP law could sideline PTB Subscription Required

5 June 2014

Proposed changes to Kuwait’s IWPP law will reduce the PTB’s role in the country’s power sector

Mall of the Emirates

Mall developers display confidence Subscription Required

29 May 2014

Dubai’s status as a global hub has given shopping mall developers the confidence to move on with projects

Real estate

Rental rates key to market stability Subscription Required

29 May 2014

If landlords continue to push up rents in Sharjah, they risk hurting the current growth in the market

Dubai: Trump is planning a golf community project

Trump’s return signals success Subscription Required

22 May 2014

The US developer has come back to Dubai, showing the emirate’s real estate market is firmly back on track

Construction

Kingdom remains construction hub Subscription Required

15 May 2014

Saudi Arabia’s pipeline of projects will ensure contractors are kept busy in the years to come

Doha

Stadiums are the new focus in Qatar Subscription Required

8 May 2014 | By Colin Foreman

Contractors are now turning their attention to the 2022 World Cup stadium projects, although details of upcoming projects are still unclear

Abu Dhabi

Abu Dhabi sees property revival Subscription Required

1 May 2014

Increased demand and strong economic growth mean the emirate’s real estate industry once again has the chance to become a key sector

Qatar World Cup

Qatar stadium doubts surface again Subscription Required

24 April 2014 | By Jeff Florian

Doha’s plan to review the number of stadiums it will build has raised doubts about the credibility of its bid

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