News, Middle East Construction & Industry News

Thursday, 26 November 2009
updated 1 minute ago
09:04 UAE time

YOUR DIRECTORY /

Wednesday, 14 October 2009

Industries Qatar Q3 net profit down 54.6%

Construction & Industry
Qatar's largest company by value made net profit of QR1.17bn in the third quarter.

Saudi construction giant lauds positives of global downturn

Construction & Industry
Dar Al Arkan MD says economic downturn has 'positively affected' sector.

Monday, 12 October 2009

IPIC, Oman sign deal on new refinery project

Construction & Industry
Agreement could see new refinery, petrochemical complex built in Duqm.

Sunday, 11 October 2009

6 workers injured in Sharjah building collapse

Construction & Industry
Floor of multi-storey car park in Abu Shagara district collapses with workers inside.

Dar Al Arkan plans new $2bn Jeddah project

Construction & Industry
UPDATE 1: Saudi's largest developer says work on new scheme will begin in 2010.

Consortium buys Qatar Engineering for $135m

Construction & Industry
Deal sees Qatari and Bahraini group buy 100% of QCon from Qatar Shipping.

Saturday, 10 October 2009

Saudi Fertilizers Q3 profit plummets on lower prices

Construction & Industry
Saudi Arabian Fertilisers Co's third quarter net profit falls almost 75 percent.

Saudi's Almarai Q3 profit rises 24%

Construction & Industry
Gulf region's largest dairy company boosts profits despite slowdown in sales in third quarter of 2009.

Friday, 09 October 2009

Saudi Binladin Group bags massive $3.73bn deal

Construction & Industry
SBG to design & build 30 parcels of land within Saudi’s King Abdullah Fin District - report.

Many origins rival for huge Saudi wheat tender

Construction & Industry
French traders say German wheat in strongest position to win Saudi business.

Thursday, 08 October 2009

KIPCO bond response to encourage Kuwait issuers - BNP

Construction & Industry
$500m bond issued this week being seen as a significant indicator of investor appetite.

Almost 70% think Cityscape will be a flop - poll

Construction & Industry
Official figures only due next week, only 1.1% think it will be as successful as last year.

Carillion eyes 2009 Mideast turnover of $962m

Construction & Industry
UK-based construction giant says total revenues boosted by Middle East operation.

GCC steel, cement demand seen down 20% in 2009

Construction & Industry
Deloitte Middle East sees demand for raw materials returning in 2010.

Gulf Arab developers eye North Africa real estate

Construction & Industry
In contrast to Gulf real estate, expansion in Egypt is set to continue amid downturn.

Bahrain airport eyes two new terminals by 2013

Construction & Industry
Passenger capacity seen tripling to 27m a year as part of $4.7bn airport expansion plan.

Contractor announced for Hydra Towers project

Construction & Industry
Kele Contracting chosen to build five towers including one exclusively for women.

SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Marketing Assistant-Brands
Industry: Other
Location: Sharjah, UAE
Facilities Manager
Industry: Property
Location: Doha, Qatar
Sales Co-ordinator
Industry: Retail
Location: Dubai, UAE
Power Electrical Engineer - Airport
Industry: Construction
Location: Muscat, Oman
Corporate HSE Manager
Industry: Oil & Gas
Location: Al Khobar, Saudi Arabia

Browse all jobs »

CONTACTS
Advertise
Who's Who

READER COMMENTS

Reader Comments (24 hrs)

No comments.

Reader Comments (7 days)

38% construction execs work more than 50 hours 5
24 Nov ' 09 at 08:38
Guys think about it, there is something radically wrong. You'll are working more that 50 hours a week (some 72 hours +); BUT still... More »
Dubai plans start-up help for expat entrepreneurs 3
23 Nov ' 09 at 16:48
Very Good news, long overdue...Hope the plan will include expert help in Marketing and branding by using expert panels from good names... More »
Abyaar and Lacroix to build Dubai residential tower 2
24 Nov ' 09 at 11:51
Do they really think that adding a brand name (of a company that recently filed for bankruptcy) to a project is going to kick start... More »

Reader Comments (4 weeks)

Japanese builders owed billions for Dubai work - official 15
09 Nov ' 09 at 17:17
we were told!?? Facts are that this is only one of the stories which gets to the media in order to put pressure and shame on those who... More »
The culling of transparency 8
16 Nov ' 09 at 21:16
Unfortunately the media in the UAE is advertising driven so therefore censor themselves to prevent upsetting the companies that pay... More »
Investors file case with RERA over Dubai project delays 8
21 Nov ' 09 at 16:39
We borrowed money to buy properties in Dubai and the properties we paid andbooked in 2007 are on hold till this date. Now, the... More »

Read all user comments >