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Construction

New projects

Nakheel to build new villa community for leasing Subscription

19 July 2014, 9:23 GMT | By

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

Dewa awards contract for solar centre Subscription

16 July 2014, 11:56 GMT | 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, 10:46 GMT | 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, 8:45 GMT | 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, 12:00 GMT | By

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

Jumeirah Beach Hotel to be expanded Subscription

25 June 2014, 13:11 GMT | By

New 350-room resort will be added to the hotel

Bahrain invites companies to prequalify for bridges project Subscription

19 June 2014, 7:59 GMT | 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, 9:04 GMT | 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, 9:45 GMT | By

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

Dubai developer tenders 100-storey tower Subscription

10 June 2014, 14:06 GMT | By

Tower will be built on Sheikh Zayed Road

Project bids

Dubai creek

Dubai seeks contractors for new creek crossing Subscription

21 July 2014, 10:50 GMT | By

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

Saudi Binladin Group submits low bid for military medical city Subscription

15 July 2014, 12:25 GMT | By

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

Oman tenders more Batinah Expressway work Subscription

15 July 2014, 12:06 GMT | By

Closing date for contract to build package seven set for mid-September

Al-Futtaim receives bids for Dubai Festival City mall expansion Subscription

8 July 2014, 11:43 GMT | By

At least four contractors compete for Dubai Festival City construction work

Oman evaluates bids for new Salalah hospital Subscription

30 June 2014, 10:27 GMT | By

New Sultan Qaboos Hospital in Salalah, Oman, will have 700 beds

Bid deadline extended for Saudi military hospital Subscription

25 June 2014, 13:59 GMT | By

First phase of hospital will contain 1,500 beds

Yuksel bids low for Oman road scheme Subscription

23 June 2014, 12:25 GMT | By

Work entails dualising a road between Ibri and Yankul

Local firm bids low for Duqm headquarters project in Oman Subscription

23 June 2014, 9:54 GMT | By

Work entails building headquarters for Special Economic Zone Authority at Duqm

Project awards

Spanish consortium wins Algeria road work Subscription

16 July 2014, 12:13 GMT

Contract covers 380 kilometres of East-West highway

Joint venture wins Dubai Expo metro line contract Subscription

14 July 2014, 8:31 GMT | By

Parsons and Systra to complete preliminary engineering for rail project

Murray & Roberts tie-up wins Doha design and construct deal Subscription

10 July 2014, 7:33 GMT | By

Joint-venture contract covers research and technology centre at Education City in Doha

Arabian Construction Company wins Emaar towers deal Subscription

9 July 2014, 9:13 GMT | By

Contract marks second major order secured by the contractor in the Downtown Dubai development this year

Brookfield Multiplex wins Majid al-Futtaim mall construction deal Subscription

8 July 2014, 7:45 GMT | By

New retail centre will be built at the International Media Production Zone

Larsen & Toubro secures Oman airport work Subscription

7 July 2014, 8:23 GMT | By

Contract involves building terminal buildings at Duqm airport

Nakheel appoints contractor for Al-Furjan community centre Subscription

7 July 2014, 7:14 GMT | By

Dubai-based developer Nakheel is building three other neighbourhood malls

Alstom wins $1bn rail contract in Qatar Subscription

24 June 2014, 15:06 GMT | By

Alstom-led consortium to build Lusail tram system in Qatar

Financing

Egypt’s slums secure upgrade funding Subscription

8 July 2014, 10:41 GMT | 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, 9:57 GMT | By

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Nakheel to prepay all remaining bank debt in August Subscription

26 June 2014, 9:10 GMT | 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

Download the MEED app today Subscription

25 June 2014, 13:30 GMT | By

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Nakheel to clear all bank debt in August Subscription

25 June 2014, 9:48 GMT | 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, 10:24 GMT | 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, 11:27 GMT | By

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

Abu Dhabi launches new real estate fund Subscription

21 May 2014, 8:49 GMT | By

Abu Dhabi fund financing will be used for commercial development at Madinat Zayed

Update

Mecca light rail system and example for Jeddah Metro

Systra appointed for Jeddah Metro engineering work Subscription

20 July 2014, 12:09 GMT | By

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

Nakheel officially signs design and engineering deals Subscription

16 July 2014, 13:25 GMT | By

Contracts cover Deira Islands Mall and Palm West Beach

Chinese win Algeria airport construction deal Subscription

16 July 2014, 12:38 GMT | By

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

Dubai gives bidders more time for 100-storey tower Subscription

15 July 2014, 12:31 GMT | By

Meydan Group’s Entisar Tower will be built on Dubai’s Sheikh Zayed Road

Dubai gives metro bidders more time Subscription

15 July 2014, 10:10 GMT | By

Study will look at increasing the capacity of the rail system

Dubiotech headquarters to open in 2015 Subscription

15 July 2014, 9:10 GMT | By

Building design of Dubiotech headquarters is based on the DNA helix

Joint venture wins Dubai Expo metro line contract Subscription

14 July 2014, 8:31 GMT | By

Parsons and Systra to complete preliminary engineering for rail project

Ashghal seeks key personnel for healthcare projects Subscription

14 July 2014, 7:03 GMT | By

Schemes will be delivered over the next three years

Construction trends

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, 11:06 GMT | 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, 14:46 GMT | 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, 7:59 GMT | 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, 8:11 GMT | By

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

Dubai real estate

Dubai property overheating fears resurface Subscription

10 June 2014, 11:25 GMT | 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, 10:55 GMT

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, 7:11 GMT

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

Abu Dhabi

Abu Dhabi’s construction rebound Subscription

1 May 2014, 15:30 GMT | By

Developers in the emirate are selling off-plan properties again as confidence returns to the market

Filter all construction analysis by country

MEED comment

Nakheel Nad al-Sheba

Dubai developers must end sales price concerns

19 July 2014, 9:41 GMT | 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, 14:39 GMT | 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, 14:08 GMT | 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, 8:09 GMT | 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, 8:37 GMT | 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, 7:25 GMT | 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, 13:03 GMT | By

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

Construction

Contractors await market revival

19 June 2014, 14:49 GMT | 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, 13:42 GMT | 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, 16:10 GMT

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, 16:44 GMT

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, 16:37 GMT

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, 9:10 GMT

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

Kurdistan

Kurdistan Projects 2014

28 May 2014, 8:31 GMT | By Dominc Dudley

Housing and industry lead the projects market in Iraqi Kurdistan

Illustration

Rethinking Egypt's cities

4 May 2014, 8:06 GMT

Egypt rises to the urban development challenge

Construction

A Guide to GCC Construction

4 May 2014, 8:04 GMT | By

Resources tighten on construction sector rebound

Construction

Construction: Demand grows for project managers Subscription

9 April 2014, 12:54 GMT

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, 14:02 GMT

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, 13:52 GMT

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, 6:29 GMT

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, 13:59 GMT

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, 10:06 GMT

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

See all construction special reports

Construction presentations

UAE

Webinar: Impact of Expo 2020 on Dubai construction Subscription

4 February 2014, 5:43 GMT

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, 6:53 GMT

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, 7:46 GMT

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

Lusail Iconic stadium

Webinar: Qatar Projects Subscription

8 April 2013, 8:50 GMT

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, 9:23 GMT

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, 8:32 GMT

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, 11:15 GMT

UAE and Bahrain are the outstanding markets of the week

Gulf Projects Index

Kuwait leads growth in Gulf Index Subscription

19 June 2014, 11:39 GMT

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, 12:53 GMT

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, 7:32 GMT

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

Dani Kabbani Subscription

25 June 2014, 12:45 GMT

Dani Kabbani is managing partner of Eversheds Doha legal office

Ahmad Khalaf Al-Marri Subscription

24 June 2014, 11:40 GMT

Ahmad Al-Marri is general manager at Union Properties

Chris Wilcock

Chris Wilcock Subscription

31 March 2014, 10:04 GMT

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

Grigoris Christofides Subscription

28 November 2013, 12:04 GMT

Grigoris Christofides is chief executive officer, Arabtec Construction

David Barwell Subscription

28 November 2013, 11:46 GMT

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

Latest comment

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