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Construction News & Analysis

News

Doha in Qatar

Qatar's New Port Project on schedule Subscription Required

21 December 2014 | By Hossam Abougabal

New port will be an important point of entry for materials in the run up to the world cup

Railway

Oil prices force Oman rail to extend tender Subscription Required

21 December 2014 | By Hossam Abougabal

Contractors fear instability caused by falling oil prices and request extension for rail tender in Oman

Qatari developer Ezdan has agreed to increase the company’s foreign ownership limit from 25 per cent to 49 per cent

Qatar's Ezdan to increase foreign ownership Subscription Required

18 December 2014 | By Hossam Abougabal

Qatari Emir calls for more foreign ownership in local listed companies to boost market

Road

Cairo to Cape Town road work awarded Subscription Required

18 December 2014 | By Hossam Abougabal

Arab Contractors take on part of ambitious African road project that plans to connect Egypt and South Africa

Ali Rashid Lootah, chairman of Nakheel

Nakheel to award $2bn of construction contracts Subscription Required

17 December 2014 | By Colin Foreman

Developer will focus on building assets that produce recurring revenues

Comment

Dubai Marina

Robust Dubai can weather 2015 storm

18 December 2014 | By Colin Foreman

Challenging year ahead is not cause for worry yet

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By Richard Thompson

Regional producers are not about to cut oil production and the assumptions that have underpinned forecasting in recent years have to be revisited

The planned Dubai World Expo 2020 site

Expo progress will reverse declining sentiment

11 December 2014 | By Colin Foreman

Construction companies are less optimistic about the future as 2015 approaches

The downwards revision of population estimates for Abu Dhabi means cuts in investment are likely to follow

Abu Dhabi government gets breathing space

11 December 2014 | By Philippa Wilkinson

The downwards revision of population estimates for the emirate means cuts in investment are likely to follow

Kuwait’s projects market is enjoying a long-awaited period of high activity

Bright future for Kuwait projects market

27 November 2014 | By Wil Crisp

While contract awards are expected to keep flowing in 2015, the country is little prepared for the surge in activity

Qatar World Cup: Designs for Lusail Stadium - side view

Qatar World Cup doubts wiped away

13 November 2014 | By Philippa Wilkinson

All Qatar’s efforts can now focus on World Cup preparations

As the Saudi market grows and the opportunities become more sizeable, more foreign contractors will be prepared to compete in this environment

Removal of kingdom's bidding barriers only first step

13 November 2014 | By Colin Foreman

Other hurdles still remain for contractors when entering the Saudi construction market

Dubai creek

Dubai returns to the creek

30 October 2014 | By Colin Foreman

New waterfront developments are being built in Old Dubai

Elevated railway could be built across the desert to mitigate the impact of sand storms

Saudi Landbridge could be more than just a name

23 October 2014 | By Colin Foreman

Elevated railway could be built across the desert to mitigate the impact of sand storms

Meydan's reputation for cashing in bonds has not stopped it from attracting bids from seven of the region’s leading contractors for its new Entisar Tower project on Dubai’s Sheikh Zayed Road

Contractors try to forget clients cashing in bonds

23 October 2014 | By Colin Foreman

Even clients with reputations for treating firms unfairly are attracting bids as Dubai’s property market continues with its resurgence

Suez Canal

Egypt seeks to revamp its reputation Subscription Required

16 October 2014 | By Rebecca Spong

Suez Canal projects are playing a symbolic role in kick-starting the Egyptian economy

Boosting market will bring new challenges

Improving market will bring new challenges Subscription Required

16 October 2014 | By Colin Foreman

Margins are expected to creep up as order books fill

Speculators have left Dubai's property market and, as a result, demand and prices have cooled

Dubai real estate market undergoes transition Subscription Required

25 September 2014 | By Colin Foreman

Evolution into a more mature market will bring new investors

Al-Maktoum International airport, in Dubai

UK in front for world's largest airport Subscription Required

18 September 2014 | By Colin Foreman

New airport, not the Expo, is the largest Dubai construction scheme

Construction workers

Solving the Saudi labour crisis Subscription Required

18 September 2014 | By Kevin Baxter

Compromise is needed from both sides to achieve this difficult mission

Dubai airport

UAE firms have edge for Bahrain airport Subscription Required

1 September 2014 | By Colin Foreman

Dubai and Abu Dhabi-based firms will receive preferential treatment

Emaar Malls Group's Dubai Marina Mall

Mixed reaction to Emaar Malls Group listing Subscription Required

1 September 2014 | By Rebecca Spong

Emaar Malls Group intial public offering sets benchmark for Dubai’s capital markets

Nakheel Nad al-Sheba

Dubai developers must end sales price concerns Subscription Required

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 Subscription Required

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 Subscription Required

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

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