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Saturday, 21 November 2009 15:49 UAE time

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$657bn construction projects in UAE still active

New research shows 1,845 projects ongoing amid economic downturn, 69% of total.

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30% of GCC oil, gas, petro projects on hold

Proleads report shows extent of global slowdown on region's hydrocarbon industry.

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$20bn Saudi projects cancelled, delayed

Less than 80 out of 720 active schemes worth total of $430bn hit by global crisis - Proleads.

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UAE projects worth $300bn on hold or cancelled

Report says recovery is set to return to Gulf construction sector by next year.

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Only 1% of Saudi projects cancelled - research

Another 3% of construction schemes postponed as kingdom bucks global downturn.

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$140bn Gulf hotel projects in progress - study

Proleads research also predicts that occupancy rate peaks in region will return by end of 2010.

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Haute Qatar

Cutting edge architecture and design are colliding with Islamic tradition to revitalise the once sleepy Gulf state.

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200 UAE construction projects due for H1 completion

New research claims more will be finished in H1 of 2009 than for whole of 2008.

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New deal offers construction updates to investors

Cityscape Intelligence teams up with Proleads to offer up-to-date progress on projects.

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UAE office projects defy global downturn

Despite global credit crunch new report says 103 office developments currently underway in UAE.

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Office developments across Mideast top $15.7bn

Market researcher Proleads says 156 office developments are still underway in the Gulf.

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20,000 Indian workers to be flown out of UAE

Labourers are going home on leave or redeployed to other Gulf countries - consulate.

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Rebuilding the dream

Despite UAE’s struggling market, a new report shows the construction industry is sturdier than its detractors think.

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UAE construction mergers predicted amid slowdown

Industry experts say market shrinkage will force smaller companies to unite.

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52% of UAE's construction projects suspended

EXCLUSIVE: New report reveals $582bn worth of schemes halted amid global crisis.

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Dubai's construction dominance slows

Some big changes are expected in the Middle East construction sector in 2009: Dubai's dominance is under threat from other thriving Gulf nations plus foreign talent is arriving to add to the competition.

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Bigger and better

The region's maritime sector appears to have escaped relatively unscathed from financial problems this year.

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$250bn Gulf projects in bidding phase

Despite global financial crisis, region has more than 250 mega developments in pipeline.

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Gulf oil production to surge by 2015

$300bn investment in crude oil production could see GCC deliver extra 10mn barrels per day.

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GCC earmarks $217bn to keep the power on

Majority of new projects in Saudi Arabia and UAE as demand soars in the region.

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Freight finance

With billions of dollars being pumped into Middle Eastern port developments, shipping companies are casting their eyes onto the financial market to fund their own expansion strategies.

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Sustainability issues

Two issues are foremost in the minds of contractors and project managers: steel procurement and sustainability.

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Dubai construction blighted by delays

Red tape and lack of resources mean just one in five projects will finish on time, experts say.

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US$ 60 billion for hospitals by 2025

Population growth and worsening GCC health prompt initiative.

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$18 billion for mega-hotels

Around US $18 billion in hotel developments is slated for the GCC, according to figures from regional construction projects monitoring company Proleads.

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Super size me

Massive-scale projects are not exclusive to Dubai. As Christopher Sell finds out, other GCC countries have grandiose developments in the pipeline, too.

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Gulf in $18bn hotel blitz

UAE leading drive, building or planning hotels worth about $12.7bn, Dubai research firm says.

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Projects amounting to much

Research company Proleads reports figure of $1 trillion has been reached by developments in the region.

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Freight finance

As Middle East Money & Ships arrives in Dubai this month Sea Freight Middle East examines the financial opportunities in the shipping industry.

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Meeting challenges ahead

If anyone was in doubt about the long-term future of the Middle East's construction industry, two events this month should have proved reassuring.

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Gulf construction projects top US $1 trillion

Construction projects underway in GCC countries now tops US $1 trillion ((AED3.7 trillion) according to industry data from Dubai-based research firm Proleads.

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GCC passes the trillion mark

The GCC's construction industry has eclipsed the US $1 trillion (AED 3.6 trillion) mark, according to a new report by Dubai-based research company, Proleads.

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READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 01
    20 Nov ' 09 at 15:56
    Eid and National Day are two great occassions and very close to each other. It would be a great act for the UAE authorities to extend...   More  »
  3. Where have all the optimists gone? 01
    20 Nov ' 09 at 16:54
    Dubai unfortunate is not more in fashion, the bubble was big , the growing went fast and the down turn even faster.Many of my clients...   More  »

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