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Construction

New projects

Mace to manage Oman Cultural Complex project

Mace to manage Oman Cultural Complex project Subscription

22 July 2014 | By

Scheme includes building a major library, archive and theatre in Muscat

Nakheel Nad al-Sheba

Nakheel to build new villa community for leasing Subscription

19 July 2014 | By

Dubai-based developer Nakheel’s 1,000 high-end villas will be built in the Nad al-Sheba area

Solar panels

Dewa awards contract for solar centre Subscription

16 July 2014 | By

Innovation centre will be located at Mohammed bin Rashid Al-Maktoum Solar Park

Saudi Aramco to build 11 stadiums across the kingdom Subscription

6 July 2014 | By ,

State-owned oil major to oversee construction of sports facilities as part of King Abdullah Programme

World's biggest mall moves to Dubai's Sheikh Zayed Road Subscription

6 July 2014 | By

Mall of the World shopping centre was originally planned for Mohammed bin Rashid City development in Dubai

US army to build $1.7bn hospital in Kuwait Subscription

2 July 2014 | By

Army Corps of Engineers will oversee development of medical facilities for armed forces

Jumeirah Beach Hotel to be expanded Subscription

25 June 2014 | By

New 350-room resort will be added to the hotel

Bahrain invites companies to prequalify for bridges project Subscription

19 June 2014 | By

New bridges will be built to connect Al-Madina al-Shamaliya islands in Bahrain

Accor to open largest economy hotel in the Middle East Subscription

17 June 2014 | By

New Ibis hotel in Dubai’s World Trade Centre District will offer 588 rooms

Projacs wins project management deals for Doha shopping malls Subscription

16 June 2014 | By

New retail centres will be built near old airport and in the Lusail district

Project bids

Abu Dhabi is set to have its own Guggenheim museum, with contractors preparing to submit bids on 3 August for the construction deal

Firms prepare to bid for Abu Dhabi Guggenheim Subscription

31 July 2014 | By

There are two frontrunners for the nearby Zayed National Museum

Stadium

Aramco to invite 12 to bid for 11 stadiums Subscription

31 July 2014 | By

An award is expected by the end of 2014

Firms submit revised prices for Doha metro contract

Firms submit revised bids for Doha metro deal Subscription

30 July 2014 | By

Initial prices to supply and install systems and rolling stock were submitted in March

Oman tenders cultural centre construction

Oman tenders cultural centre construction Subscription

27 July 2014 | By

Bid deadline set for late September

Oman road

Oman tenders package eight of Batinah Expressway Subscription

22 July 2014 | By

Companies have also been invited to bid for package seven of Oman road scheme

Kuwait prequalifies three more firms for port dredging

More firms prequalified for Kuwait port dredging Subscription

22 July 2014 | By

Seven companies prequalified in 2012 for work at Bubiyan port

Dubai creek

Dubai seeks contractors for new creek crossing Subscription

21 July 2014 | By

Dubai creek tender is expected to attract interest from new international players

Hospital

Saudi Binladin Group submits low bid for military medical city Subscription

15 July 2014 | By

Ten groups submitted prices for the first phase of the hospital project

Project awards

Six Construct wins Ferrari World Abu Dhabi expansion

Six Construct wins Ferrari World Abu Dhabi expansion Subscription

31 July 2014 | By

Attraction already the world’s largest indoor theme park

Hill appointed project manager for Cairo airport Terminal 2

Hill project manager for Cairo airport Terminal 2 Subscription

31 July 2014 | By

US-based firm wins $1.9m contract lasting for 15 months

Atkins wins more Doha Metro design work

Atkins wins more Doha Metro design work Subscription

30 July 2014 | By

Firm appointed as lead designer for Gold Line

Actco to build Dubai Bollywood theme park

Actco to build Dubai Bollywood theme park Subscription

30 July 2014 | By

Project being built in Jebel Ali area

Midmac and CCC take over Qatar Sidra Medical and Research Centre work

Midmac and CCC take over Qatar hospital work Subscription

27 July 2014 | By

Joint venture replaces team of OHL and Contrack for work on Sidra Medical and Research Centre

Runway

Hochtief team selected for Riyadh airport expansion Subscription

22 July 2014 | By

Consortium submitted the lowest bid for the project in May

Algiers’ Houari Boumediene International airport

Chinese win Algeria airport construction deal Subscription

16 July 2014 | By

Contract covers the construction of a new terminal building at Algiers’ Houari Boumediene International airport

Spanish consortium wins Algeria road work

Spanish consortium wins Algeria road work Subscription

16 July 2014

Contract covers 380 kilometres of East-West highway

Financing

Cairo streets

World Bank approves $500m gas loan to Cairo Subscription

25 July 2014 | By

Project aims to connect 1.5 million Egyptian households to national gas grid

Egypt’s slums secure upgrade funding Subscription

8 July 2014 | By

EU investment to improve living standards for country’s poorest

MEED app iPad and iPhone

Download the MEED app today Subscription

30 June 2014 | By

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Nakheel to prepay all remaining bank debt in August Subscription

26 June 2014 | By

With no covenants, Dubai-based developer Nakheel will be able to develop more projects

The MEED app is available to download from the Apple Store

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25 June 2014 | By

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Nakheel to clear all bank debt in August Subscription

25 June 2014 | By

Dubai developer Nakheel will make final repayment in August, four years ahead of scheduled

Abdali looks to attract Gulf investors Subscription

12 June 2014 | By , James Gavin

Infrastructure work on second phase of Abdali’s Amman downtown project to start by the end of the year

Wessal Capital to attract more investors to Morocco Subscription

26 May 2014 | By

Gulf-backed investment fund Wessal Capital to support public-private partnerships in Morocco

Update

Hill appointed project manager for Cairo airport Terminal 2

Hill project manager for Cairo airport Terminal 2 Subscription

31 July 2014 | By

US-based firm wins $1.9m contract lasting for 15 months

Atkins wins more Doha Metro design work

Atkins wins more Doha Metro design work Subscription

30 July 2014 | By

Firm appointed as lead designer for Gold Line

Dubai shortlists three for Sheikh Zayed Road double-decking

Dubai shortlists three for road double-decking Subscription

30 July 2014 | By

Firms submitted bids for work on Sheikh Zayed Road in April

Midmac and CCC take over Qatar Sidra Medical and Research Centre work

Midmac and CCC take over Qatar hospital work Subscription

27 July 2014 | By

Joint venture replaces team of OHL and Contrack for work on Sidra Medical and Research Centre

Yas Mall

Aldar signs deal with Chalhoub for Yas Mall Subscription

22 July 2014 | By

Dubai-based retailer Chalhoub will open a 18,600 department store at new shopping centre

Runway

Hochtief team selected for Riyadh airport expansion Subscription

22 July 2014 | By

Consortium submitted the lowest bid for the project in May

Mecca light rail system and example for Jeddah Metro

Systra appointed for Jeddah Metro engineering work Subscription

20 July 2014 | By

Jeddah’s urban rail network is one of three new metro systems planned in Saudi Arabia

Palm Jumeirah

Nakheel officially signs design and engineering deals Subscription

16 July 2014 | By

Contracts cover Deira Islands Mall and Palm West Beach

Construction trends

Dubai Mall

Dubai's 13 biggest shopping mall developments Subscription

21 July 2014 | By

Mall of the World tops the $2.7bn-worth of Dubai-based shopping centre projects in MEED’s list

Getting ready: Qatar is preparing to host the 2022 World Cup by airing this year's games in specially built fan zones

Qatar experiments ahead of hosting World Cup Subscription

9 July 2014 | By

The biggest challenge in hosting the 2022 Fifa World Cup in Qatar could be catering to thousands of football fans used to a less restrictive environment

Construction equipment

Construction surge boosts Saudi Arabia's equipment sales Subscription

29 June 2014 | By

Construction equipment suppliers respond to increase in demand as rising government expenditures bolster the kingdom’s construction market

Doha

Investors start developing malls in Doha ahead of World Cup Subscription

24 June 2014 | By

A series of new private-sector shopping mall projects in Doha are in the early stages of development

Regional investment in global commercial real estate

Middle Eastern investors spent $13bn on real estate abroad in 2013 Subscription

17 June 2014 | By

Around $180bn in investments expected over the next ten years

Dubai real estate

Dubai property overheating fears resurface Subscription

10 June 2014 | By

The World Expo in 2020 will be key to Dubai’s property sector growth, but creating a sustainable market and avoiding another real estate bubble must be high on the agenda

Middle East contract awards May 2014

Middle East contracts awarded: May 2014 Video Subscription

2 June 2014

Over $8bn of contracts awarded in May in the Middle East

Middle East contract awards April 2014

Middle East contracts awarded: April 2014 Video Subscription

31 May 2014

Over $23bn of contracts awarded in April in the Middle East

Filter all construction analysis by country

MEED comment

Nakheel Nad al-Sheba

Dubai developers must end sales price concerns

19 July 2014 | By

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

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

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

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

Almost every major shopping centre in the emirate is being expanded

Arabtec share price has fallen

Arabtec locked in a fight for survival

26 June 2014 | By

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

Nakheel back from debt

The milestone is Nakheel is back Subscription

25 June 2014 | By

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

Construction

Contractors await market revival

19 June 2014 | By

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

19 June 2014 | By

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

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

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

5 June 2014

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

See all MEED commentary

Special reports

Construction

Construction: Off-plan sales market returns

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

Illustration

Rethinking Egypt's cities

4 May 2014

Egypt rises to the urban development challenge

Construction

A Guide to GCC Construction

4 May 2014 | By

Resources tighten on construction sector rebound

Construction

Construction: Demand grows for project managers Subscription

9 April 2014

Complex construction schemes in the GCC has led to a rise in the use of project managers

GCC real estate

Real Estate: GCC property markets stabilising Subscription

18 March 2014

There is an uptick in demand for residential and commercial property across the region, with just one or two exceptions

GCC construction

Construction: Continuing GCC projects growth into 2014 Subscription

16 January 2014

After such a successful 2013, beating that target will be a major challenge for the GCC projects market in the year ahead

SR Cover Riding the Boom

Construction: Middle East rides the new projects boom Subscription

21 November 2013

Transport awards, particularly metro schemes, are driving a construction rebound across the region

EPC

Engineering, Procurement & Construction 2013: Tapping the region's community

9 October 2013

Welcome to Engineering, Procurement & Construction in the Middle East, sponsored by Arabtec and Samsung Engineering

Riyadh metro

Construction: Metros drive contract awards Subscription

26 September 2013

It has already been a bumper year for construction awards in GCC

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

Kuwait

Kuwaiti projects market 2012 Subscription

6 March 2012

MEED’s online seminar on the Kuwiat projects market, providing a comprehensive forecast and review of opportunities in the country

See all presentations

Top 10 projects

Q2 Rank Project Name Country Contract value ($m)
1 Housing Complex in Basmaya Iraq 8,000
2 Basra New City: Phase 1 Iraq 3,750
3 Housing Development: Phase 2 Saudi Arabia 3,600
4 Abraj Kudai in Mecca Saudi Arabia 3,500
5 King Abdulla bin Abdulaziz Project: Jeddah Security Forces
Medical Complex
Saudi Arabia 3,350
5 King Abdulla bin Abdulaziz Project: Riyadh Security Forces
Medical Complex
Saudi Arabia 3,350
7 Ch'Rafate City Project Morocco 3,000
8 Grand Mosque Expansion in Mecca Saudi Arabia 2,500
9 Ghanfuda Housing Complex in Benghazi Libya 2,300
10 Uptown Cairo Egypt 2,100
Click through to the full data table on the construction sector's biggest projects in execution
Click through to MEED's Q1 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2014

Projects trends

Gulf Projects Index

Dubai’s Mall of the World boosts index Subscription

17 July 2014

UAE and Bahrain are the outstanding markets of the week

Gulf Projects Index

Kuwait leads growth in Gulf Index Subscription

19 June 2014

UAE, Qatar and Iraq only other countries to record increase in value

Value of projects planned or under way ($bn) 10 June 2014

Kuwait rebound lifts Gulf Projects Index Subscription

12 June 2014

GCC state of Kuwait is now the fastest-growing projects market in the Gulf region

See all Gulf Projects Index articles

People

Sadoun bin Bargash al-Sadoun

1 July 2014

Sadoun bin Bargash al-Sadoun, is president, ABV Rock Group

Dani Kabbani Subscription

25 June 2014

Dani Kabbani is managing partner of Eversheds Doha legal office

Ahmad Khalaf Al-Marri Subscription

24 June 2014

Ahmad Al-Marri is general manager at Union Properties

Chris Wilcock

Chris Wilcock Subscription

31 March 2014

A leading construction lawyer in the region advising on complex construction contracts and dispute avoidance/resolution

Grigoris Christofides Subscription

28 November 2013

Grigoris Christofides is chief executive officer, Arabtec Construction

David Barwell Subscription

28 November 2013

David Barwell is CEO, Aecom

See all construction biographies

Meet the analyst


Colin Foreman
News Editor


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

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