News, Middle East Construction & Industry News

Wednesday, 25 November 2009
updated 1 minute ago
05:07 UAE time

YOUR DIRECTORY /

Sunday, 27 September 2009

Arabtec starts work on Russian tower project

Construction & Industry
Dubai-based firm begins foundation tests on 400m high Okhta Centre in St Petersburg.

Factory and depot destroyed in huge blaze

Construction & Industry
Firefighters battle for six hours to control massive fire in Ajman, damage totals millions.

Friday, 25 September 2009

Credit Suisse starts Oman's Galfar with underperform

Construction & Industry
Ratings agency maintains positive view on the MENA's construction sector.

Thursday, 24 September 2009

Nearly 80% say construction will never return to peak

Construction & Industry
Poll finds only 5.3% of people think industry will return to its heyday by next year.

$1.33bn committed so far to Jeddah revamp - Mayor

Construction & Industry
City plans to attract more people for education, tourism, work, leisure.

Wednesday, 23 September 2009

Arabtec receives Gazprom boost

Construction & Industry
Construction group’s share price climbs 8.52% in Dubai as Russian tower project is approved.

Monday, 21 September 2009

Dubai World unit eyes 12,000 staff for Las Vegas project

Construction & Industry
Mega project CityCenter embarks on single largest recruitment drive in US.

South Korea sees $1.6bn upturn in Mideast deals

Construction & Industry
Construction contracts rise to $9.6bn in July and Aug following months of slump.

Thursday, 17 September 2009

Metro Green Line unlikely to open until end of 2010

Construction & Industry
Official says deadline to be pushed back as contractors struggle to meet tight deadline.

70% more firms found flouting midday ban

Construction & Industry
Some 677 companies caught breaking midday work ban, compared to 398 in 2008.

World's GB island owner changes plan amid downturn

Construction & Industry
EXCLUSIVE: Safi Qurashi says construction work will start after Eid.

Wednesday, 16 September 2009

Damac awards three more enabling works contracts

Construction & Industry
Sites earmarked include Harbour Heights in Abu Dhabi and Suburbia in Jebel Ali.

UAE real estate hardest hit in region by global crisis

Construction & Industry
A total of 566 projects are currently on hold or cancelled, latest research shows.

Abu Dhabi F1 hospitality area expanded

Construction & Industry
EXCLUSIVE: Big demand for corporate tickets despite global economic crisis - CEO.

Marina, yacht club deal signed for Saudi mega project

Construction & Industry
Emaar inks agreement for 23,000 sq m project for King Abdullah Economic City.

Russian agriculture giant to meet Gulf investors

Construction & Industry
PAVA plans roadshow for would-be investors in Saudi Arabia and the UAE in Oct.

Sunday, 13 September 2009

UAE ponders change in foreign ownership rules - report

Construction & Industry
Maximum ownership for foreigners setting-up businesses in UAE would rise from 49% to 100%.

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READER COMMENTS

Reader Comments (24 hrs)

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 »
38% construction execs work more than 50 hours 1
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 »

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