News, Middle East Construction & Industry News

Friday, 27 November 2009
updated 1 minute ago
16:06 UAE time

YOUR DIRECTORY /

Friday, 30 October 2009

Hyundai announces $1.72bn construction deal

Construction & Industry
South Korean engineering giant says deal with Abu Dhabi Gas Industries.

Thursday, 29 October 2009

Ferrari theme park building complete - Aldar

Construction & Industry
On eve of Abu Dhabi F1 race, developer announces 2010 project milestone.

Arabtec says Q3 net profit down by 35%

Construction & Industry
UPDATE 1: Dubai's construction giant says third quarter net profit was AED166.6m, down from AED511.7m.

Some UK contractors 'snub Dubai' over payment fears

Construction & Industry
UK industry association chief says large number of companies still owed money by developers.

Wednesday, 28 October 2009

Bahrain contractors facing squeeze in downturn

Construction & Industry
Nass Group chief sees major job cuts in industry amid construction slowdown.

High profile Dubai project faces delay - architect

Construction & Industry
EXCLUSIVE: The Pad, one of world's most high-tech schemes, set to miss 2010 date.

Tuesday, 27 October 2009

Saudi Maaden sees positive Q4 on high gold prices

Construction & Industry
UPDATE 1: Upbeat CEO declines to say whether Q4 numbers will beat last year's figures.

Sunday, 25 October 2009

Egypt's Arab Cotton Ginning to split off land holdings

Construction & Industry
Land to be offered for housing, commercial developments.

Kuwait City tower blocks set for Jan completion

Construction & Industry
Kuwait Business Town now 80% complete and will be available to lease in weeks - Al Mazaya.

2014 completion date for Saudi airport expansion

Construction & Industry
Saudi officials set to issue contracts for airport in Madinah in October 2010.

Thursday, 22 October 2009

Barwa posts profit rise in first nine months

Construction & Industry
Qatari developer records a nine month net profit of QR622.6m ($171.1m).

Investors file case with RERA over Dubai project delays

Construction & Industry
Group of 20 home owners demand action over delays and specification changes.

$15.5bn investment seen to meet GCC water demand

Construction & Industry
New report says region needs to add 2.7m cubic m/day of desalination capacity each year.

Wednesday, 21 October 2009

Saadiyat visitor centre phase 1 ready in Nov

Construction & Industry
Tourism chiefs in Abu Dhabi say centre will include four galleries, theatre, restaurant.

Meydan to open Jan 28 but construction ongoing

Construction & Industry
Building work at Dubai's new mega racecourse will be completed for World Cup in Mar.

Nakheel execs accused of AED44m fraud granted bail

Construction & Industry
Pair will be released after after posting AED1m bond following nine months in custody.

Saudi Emaar cuts company losses by 65% in Q3

Construction & Industry
Developer of King Abdullah Economic City still loses $16.9m due to project delays.

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READER COMMENTS

Reader Comments (24 hrs)

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Reader Comments (7 days)

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 »
38% construction execs work more than 50 hours 3
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 »
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 »
$657bn construction projects in UAE still active 6
13 Nov ' 09 at 07:16
And so ladies and gentlemen, "the worst is over". But i thought the fact was "crisis, what crisis?". More »

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