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Construction

New projects

Dubai real estate

Dubai developer seeks contractors for towers Subscription

17 May 2015 | By

The mid-rise development will built in the Satwa area

Australian venture to develop Oman resort

Australian venture to develop Oman resort Subscription

14 May 2015 | By

Contract award before mid-2015

Cairo Egypt

Cairo to get monorail Subscription

4 May 2015 | By

Contractors selected for 52km project

Hospital

Mediclinic plans new Dubai hospital Subscription

27 April 2015 | By

Completion of Al-Quoz health care facility planned for 2018

Dubai Metro

Dubai plans metro lines for 2020 and beyond Subscription

27 April 2015 | By

New Expo link first of new rail links planned by RTA as it enhances infrastructure

SEC shareholders

SEC invites bids for new headquarters Subscription

26 April 2015 | By

Complex will be located in Riyadh

Aldar headquarters in Abu Dhabi

Aldar Properties reveals new projects Subscription

22 April 2015 | By

Local developer announces three residential schemes in Abu Dhabi

Dubai

Al-Fattan plans to build more Dubai towers Subscription

20 April 2015 | By

Scheme will be built close to Sheikh Zayed Road

Jeddah in Saudi Arabia

Jeddah to tender metro by end of April Subscription

19 April 2015 | By

Jeddah Metro tender documents imminent

El-Seif wins $1.4bn Saudi housing deal

El-Seif wins $1.4bn Saudi housing deal Subscription

15 April 2015 | By

Local contractor will build 2,800 villas

Project bids

Saudi construction awards

Indian firm bids low for Riyadh headquarters Subscription

25 May 2015 | By

Eight groups submitted bids for construction contract

Dubai Metro

Dubai delays Expo metro submission date Subscription

21 May 2015 | By

Local and international firms are forming bidding teams

Al-Wakrah Stadium

Contractors due to bid for Qatar World Cup stadium Subscription

21 May 2015 | By

Enabling works on the 45,000 seat stadium started in 2014

Aramco awards construction deal to Arabtec

Eight contractors in for tallest commercial tower in Dubai Subscription

20 May 2015 | By

The Burj 2020 will be built in the Jumeirah Lake Towers area

Dubai Expo masterplan to be submitted soon

Dubai receives bids for Expo infrastructure Subscription

20 May 2015 | By

Award expected soon on fast-track project

Dubai Metro

Bidding teams form for Dubai Metro Expo link Subscription

19 May 2015 | By

Prequalification documents are due to be submitted at end of May

Downtown Dubai

Emaar tenders Vida Residence in Dubai Subscription

18 May 2015 | By

Tower will be built in the Downtown Dubai district

Oman Rail opens prequalification

Oman Rail opens prequalification Subscription

13 May 2015 | By

Next segments to be tendered on $15bn project

Project awards

Construction

Saudi residential contract awarded to Indian firm Subscription

19 May 2015 | By

Interior Ministry lets $586m deal

Cairo skyline

Hill wins more Cairo project management work Subscription

14 May 2015 | By

Firm will manage mixed-use development in Egyptian capital

Mecca light rail system and example for Jeddah Metro

Dutch firm joins Jeddah masterplan team Subscription

13 May 2015 | By

Arcadis subsidiary joins team working on Jeddah transport masterplan

Beirut in Lebanon

Contract award for Beirut Waterfront project Subscription

12 May 2015 | By

Local firm awarded contract for major real estate project in Lebanon

Qatar roads

Seven road contracts awarded in Qatar Subscription

12 May 2015 | By

Qatar’s public works authority has awarded a number of road contracts across the country as local contractors dominate

Duqm

Duqm Development Company appoints Aecom Subscription

10 May 2015 | By

US firm appointed for feasibility, master plan and design of phase two of Oman project

Warner Bros theme park planned for Abu Dhabi

Contractor wins Abu Dhabi theme park construction deal Subscription

5 May 2015 | By

New attraction will be built on Yas Island

Mecca

Contractor wins King Abdulaziz Road deal Subscription

3 May 2015 | By

Contract covers infrastructure work for Mecca redevelopment

Financing

Finance

Contractor financing expect to increase

28 May 2015 | By

Expected to gather pace despite contractors being reluctant to raise finance on own balance sheets

Egypt secures upgrade from Moody’s

Egyptian developer Palm Hills raises funds Subscription

26 May 2015 | By

The firm completes $213m share sale

Construction

Jabal Omar Development secures loan Subscription

21 May 2015 | By

Islamic financing for Mecca development

Three property projects announced in Egypt

World Bank approves Egypt housing finance Subscription

12 May 2015 | By

Loan intended to benefit 4.2 million Egyptians

Worker

Duqm accommodation reaches financial close Subscription

10 May 2015 | By

Renaissance raises finance through local banks

Muscat, the capital of Oman

Oman prepares PPP housing framework Subscription

7 May 2015 | By

Affordable housing schemes planned

Sheikh Zayed Road in Dubai

UAE considers PPI regulations Subscription

6 May 2015 | By

Roads would be first projects

Yu Tao

Non-payment lessons learned Subscription

1 April 2015 | By

Still a concern but fewer non-payment problems likely if market contracts, says China State Construction

Update

Local firms to join Arabtec Egypt housing scheme

Egypt housing project to go ahead despite disputes Subscription

28 May 2015 | By

Arabtec-Egypt deal likely to go ahead with the Egyptians imposing new conditions

Al-Maryah Island, Abu Dhabi

Summer award for Abu Dhabi mall Subscription

28 May 2015 | By

Two contractors have been shortlisted Al-Maryah Central

Saudi construction awards

Indian firm bids low for Riyadh headquarters Subscription

25 May 2015 | By

Eight groups submitted bids for construction contract

Egypt construction

Arabtec Egypt housing project under threat Subscription

25 May 2015 | By

One million home project in doubt amid claims of a breakdown between the two parties

Construction at Dubai Parks & Resorts theme park development in the Jebel Ali area of Dubai

Dubai Parks and Resorts confirms 2016 opening Subscription

24 May 2015 | By

Works 17 per cent complete by value

UK firm wins Al-Maktoum airport contract

Export credit agencies teaming up for Dubai airport funding Subscription

21 May 2015 | By

UK offered $2bn of export credit guarantees in 2014

Emaar the Economic City signs new funding deal for King Abdullah Economic City

Emaar, the Economic City gets financing Subscription

20 May 2015 | By

Islamic financing for development of Economic City

Manazel plans Abu Dhabi healthcare project

Manazel plans Abu Dhabi healthcare project Subscription

19 May 2015 | By

Developer reveals plans for medical complex

Construction trends

The Suez Canal zone

Suez Canal Zone to drive diversification Subscription

25 May 2015 | By

Egypt’s expansion of the Suez Canal and the plans to develop land along the waterway are aimed at kickstarting the diversification of the economy

Regional construction awards

Construction awards dip in Middle East Subscription

5 May 2015 | By

Value of contract awards in region’s construction sector have fallen in first quarter

Dubai contract awards

Dubai counters market inertia with new projects Subscription

4 May 2015 | By

As the emirate’s property market slows down, government clients have been busy driving forward projects, led by Expo 2020-related schemes

Construction

Contractors push for more design-and-build schemes Subscription

4 May 2015 | By

International contractors want more clients to award design-and-build deals for their major projects

Construction projects in Mecca province

Vision for Mecca under threat Video Subscription

4 May 2015 | By

While many major projects in the holy city have pressed ahead, with some nearing completion, delays have occurred as Saudi Arabia struggles to stick to its masterplan for 2040

Aqaba drives Jordan construction Subscription

4 May 2015 | By

Financing from international investors is likely to keep flowing for essential and under-construction projects, but larger schemes have already run into trouble

MEED contracts awarded April 2015

Middle East contracts awarded: April 2015 Video Subscription

3 May 2015

Nearly $5bn of contracts awarded in April in the Middle East

Uncertain demand: Dubai’s Business Bay is experiencing a surplus of new office developments

Office buildings turned into hotels Subscription

30 April 2015 | By Paul Melly

Developers change their plans to meet demand for mid-range rooms

Filter all construction analysis by country

MEED comment

Colin Foreman

Oil price drop stress tests GCC projects Subscription

26 May 2015 | By

There are long term positives to the slowdown

Hossam Abougabal

Breakdown of Egypt-Arabtec deal costly for everyone Subscription

26 May 2015 | By

The military is asserting itself in Egypt’s construction sector

Hossam Abougabal

Suez Canal area encouraged by investment laws Subscription

21 May 2015 | By

The waterway expansion and development of the surrounding area could transform Egypt’s economy

Doha in Qatar

Construction is risky business in Qatar Subscription

19 May 2015 | By

Aecom encounters “delivery challenges” as industry braces for surge in disputes

To control its spiralling costs and return to profitability, Arabtec will need the best people

People are the problem for Arabtec Subscription

21 April 2015 | By

Board and senior management changes take their toll on Dubai contractor

Emirates

UK plays increasing role in Dubai aviation Subscription

19 April 2015 | By

Government funding support is creating opportunities for UK businesses

Colin Foreman

Abu Dhabi construction projects market 'slow' Subscription

16 April 2015 | By

Since 2011, many schemes in the emirate have floundered at the tender stage

Dubai projects

Dubai takes on another mission impossible Subscription

14 April 2015 | By

Softening real estate prices have created a new funding challenge

Kevin Baxter

South Korea builds closer GCC ties Subscription

30 March 2015 | By

Seoul wants to export more to the region

Colin Foreman

Testing times for Qatar construction Subscription

29 March 2015 | By

The country’s infrastructure development plans have reached a pivotal period

Tunnel boring machine for metro

No more distractions for Qatar infrastructure Subscription

23 March 2015 | By

The World Cup date is fixed so Doha has to concentrate on infrastructure

Construction scene in Qatar

Qatar quietly moves forward with infrastructure Subscription

17 March 2015 | By

Doha must wish all its projects could move forward so peacefully, compared with the media frenzy surrounding projects linked to the 2022 Fifa World Cup

See all MEED commentary

Special reports

Construction

Construction: Outlook set to remain subdued

6 May 2015 | By

A healthy projects market in Dubai and Mecca masks concerns about the level of upcoming construction awards in other countries

Cover

Qatar Projects 2015 Subscription

1 April 2015

World Cup projects gather pace

Real estate

Prices fluctuate in maturing real estate market Subscription

18 March 2015 | By

The region is seeing sharp differences in office and housing costs, depending on the maturity of the market

Construction

Construction: Projects activity defies oil slump Subscription

27 January 2015 | By

Slowdown may just be a blip in a period of extended growth

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By

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

Riyadh

Saudi project activity stays strong amid oil price volatility Subscription

26 November 2014 | By James Gavin

The lower oil price may lead to uncertainty among stakeholders, but Riyadh’s willingness to maintain spending will continue to provide momentum for schemes

Tunnelling

Construction: Metro drives tunnelling boom Subscription

20 November 2014

It is estimated there are about $245bn-worth of projects with a tunnelling element planned or under way in the Middle East

Infrastructure

HSBC Middle East Infrastructure Guide Subscription

28 October 2014 | By

Governments embrace window of opportunity

Construction

Construction: Off-plan sales market returns Subscription

26 June 2014

The GCC construction industry is entering a new period of rapid growth

Kurdistan

Kurdistan Projects 2014

28 May 2014 | By Dominc Dudley

Housing and industry lead the projects market in Iraqi Kurdistan

See all construction special reports

Construction presentations

Dubai creek

Managing the Boom: The Outlook for the Middle East Subscription

23 July 2014

Opportunities and challenges for businesses in the region created by the new projects boom

UAE

Webinar: Impact of Expo 2020 on Dubai construction Subscription

4 February 2014

Dubai is expected to spend more than $7bn on infrastructure in preparation for the World Expo

Qatar metro

Webinar: GCC metro and rail projects Subscription

12 September 2013

MEED’s analysis and forecast presentation on the metro projects in the region

Middle East Outlook 2013

A region in transition: Middle East outlook 2013 and beyond Subscription

18 August 2013

Insight and analysis on the economic and projects outlook for the Middle East

Lusail Iconic stadium

Webinar: Qatar Projects Subscription

8 April 2013

There are more than $220bn-worth of projects planned or under way in Qatar, as it pushes forwards with major infrastructure developments

Top 100 projects 2012

Top 100 projects: The Middle East market gains momentum Subscription

3 February 2013

This webinar examines projects market trends in the region and forecasts which countries and sectors will grow in 2013

See all presentations

Top 10 projects

Q1 Rank Project Name Country Contract value ($m)
1 Housing Complex in Basmaya Iraq 8,000
2 Military Medical City in Riyadh: Phase 1 Saudi Arabia 3,800
3 Housing Development: Phase 2 Saudi Arabia 3,600
4 Abraj Kudai in Mecca Saudi Arabia 3,500
5 Rehabilitation Centres for Prisoners Saudi Arabia 3,400
6 King Abdulla bin Abdulaziz Project: Jeddah Security Forces
Medical Complex
Saudi Arabia 3,350
6 King Abdulla bin Abdulaziz Project: Riyadh Security Forces
Medical Complex
Saudi Arabia 3,350
8 Ch'Rafate City Project Morocco 3,000
9 Grand Mosque Expansion in Mecca Saudi Arabia 2,500
9 Education City: Research Institute (QEERI) Sidra Medical and Research Center Qatar 2,500
Click through to the full data table on the construction sector's biggest projects in execution
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015

Projects trends

Gulf projects index

Qatar and Kuwait boost Gulf index Subscription

26 May 2015

Saudi Arabia records sole decline in regional projects market

Gulf projects index

Impact of GCC slowdown takes hold Subscription

12 May 2015

Bahrain makes the biggest gain, while Saudi Arabia’s market continues to fall

Gulf projects index

Saudi Arabia leads Gulf index rise Subscription

27 April 2015

Kingdom recovers lost ground on projects value, while most other markets struggle

See all Gulf Projects Index articles

People

Humayun Arvmchy

25 May 2015

Humayun Arvmchy is manager, Ahab Construction Company

Masoud Ibrahim al-Hermi Subscription

13 April 2015

Masoud Ibrahim al-Hermi is president of the Bahrain Society of Engineers

Ayad al-Homoud Subscription

1 April 2015

Ayad al-Homoud is Chairman of the Kuwait Society of Engineers

Ali Mohammed al-Mazyood Subscription

1 April 2015

Ali Mohammed al-Mazyood is director of engineering at Dubai Health Authority

Muhyiddin Itani Subscription

1 February 2015

Muhyiddin Itani is managing director at Davis Langdon Lebanon

Bob Hope Subscription

25 January 2015

Bob Hope is CEO of SSH

See all construction biographies

Meet the analyst


Colin Foreman
News Editor


Phone: +971 (0)4 818 0238
Email: colin.foreman@meed.com

Latest comment

See all articles written by Colin Foreman


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