ArabianBusiness.com - Middle East Business News Monday, 07 July 2008 | 01:50 UAE time

YOUR DIRECTORY /

Maaden $2.47bn IPO 68% covered in first day

Construction & Industry
Saudi-owned mining company raises $1.69bn in openning day of public offering.



Sunday, 06 July 2008

Abu Dhabi to build $100mn aluminium rod plant

Construction & Industry
State-controlled ADBIC to jointly develop plant with Bahrain-based Midal Cables.


Supervisor jailed after crane collapses on workers

Construction & Industry
Doha court imprisons site supervisor after falling crane kills four labourers, injures three.

Supervisor jailed after crane collapses on workers

Mega project set for Makkah

Construction & Industry
Saudi firms sign $3.3bn deal for major real estate project in front of Grand Mosque in Makkah.

Mega project set for Makkah

Saturday, 05 July 2008

Gulf's largest mining IPO kicks off

Construction & Industry
Saudi-owned Maaden launches public offering to raise $2.47bn, valuing company at close to $5bn.

Gulf's largest mining IPO kicks off

University bid to close engineering skills gap

Construction & Industry
A Dubai university is launching a pioneering programme in a bid to reduce the shortage of qualified engineers across the GCC.

University bid to close engineering skills gap

300 KSA colleges in pipeline

Construction & Industry
Saudi Arabia's drive to establish more vocational training facilities, especially for young women, moved a step closer this week when officials of the Kingdom's Technical and Vocational Training Corporation (TVTC) announced that 300 technical colleges will be built.


Dubai giants expand to other fledgling markets

Construction & Industry
Construction giants in Dubai are bidding to channel their profits from the regional boom into specific international markets, including Saudi Arabia and Oman.

Dubai giants expand to other fledgling markets

Economic City works at hand worth US $34.6bn

Construction & Industry
Projects worth US $ 34.6 billion (SAR 130 billion) are now underway to construct real estate, infrastructure, electricity, IT and educational projects at the King Abdullah Economic City in Rabigh.

Economic City works at hand worth US $34.6bn

Grand Boulevard to showcase Burj view

Construction & Industry
Emaar Properties plans to highlight the views of the Burj Dubai by emulating some of the world's most elaborate boulevards.

Grand Boulevard to showcase Burj view

Lootah in Italian partnership

Construction & Industry
Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} The UAE's SS Lootah Group and Italian construction giant Tec Inn Innovative Technologies have formed a joint venture to provide specialised construction services in the region.


Mobile payroll trucks on site

Construction & Industry
Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} In an industry first, C3 Card, a provider in the pre-paid and money transfer payment products and services, has allowed workers at Al Hamad Contracting Company to use payroll cards at labour camp sites.


GE and Septech in 20-year water deal

Construction & Industry
GE Water & Process Technologies and Septech have announced a 20-year, multi-million dollar agreement to supply the UAE and Oman with water.


Abu Dhabi to bloom from January

Construction & Industry
Abu Dhabi-based Bloom Properties has launched the Bloom Gardens, a luxury residential development on one of the last stretches of land along the UAE capital's Eastern Mangrove Corniche Road.


Jebel Ali steeled for new factory

Construction & Industry
Alam Steel and Macsteel SA have announced a 50-50 joint venture to set up the Middle-East's first service centre for processing high grade steel.


Dubai Mall to put its skates on

Construction & Industry
Determined to defy nature and bring European winters to the desert, Emaar Malls Group has announced plans to bring an ice rink to the Dubai Mall.

Dubai Mall to put its skates on

Red forms partnership with BG&E

Construction & Industry
MEP consultancy Red Engineering has signed a strategic alliance with Australian structural engineering firm BG&E Engineers to offer a full design package for projects in the UAE.


Thursday, 03 July 2008

Balfour Beatty Dubai orders may hit $1.4bn

Construction & Industry
Britain's biggest builder says expects to win contracts worth over $1bn in Dubai in 2008.

Balfour Beatty Dubai orders may hit $1.4bn

Egypt's Ezz Steel Q1 profit up 56%

Construction & Industry
Egypt's largest steel company beats analyst's forecast, posts record first-quarter net profit.

Egypt's Ezz Steel Q1 profit up 56%

Dubai residents sickened by sewage

Construction & Industry
Waste water floods International City area for second week in a row, infuriating residents.

Dubai residents sickened by sewage

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