| Home | GCC | World | Industries | Markets | Opinion | Interviews | Photos | Video | Lists | Lifestyle | Topics | Jobs | Property | UOL |
Help, I forgot my username and/or password
Bids for the causeway which will link Saudi Arabia to Egypt are expected to be invited by the end of this year.
The 21km causeway will be implemented as a Build-Operate-Transfer (BOT) contract and is estimated to be worth around US $4 billion (SR15 billion).
The project that was announced last year was later dismissed by the Egyptian government, but was again flagged up at Meed's Arabian Construction Summit in Abu Dhabi last month.
The causeway will link Ras Humaid in the northern Saudi region of Tabuk to the Red Sea resort of Sharm el-Sheikh and will pass through Tiran Island at the entrance of the Gulf of Aqaba.
Speaking at the conference, Mohamed Ali, regional director, Cowi said that the project was still under discussion with the governments of Saudi Arabia and Egypt.
A source close to the Qatar-Bahrain causeway also said that this project was definitely going to go ahead, although a few ‘issues' surrounding the contract had to be ironed out before work on the project could begin.
The source said: "It could be another two years before bids for the main construction contract are invited for this causeway, which could cost anywhere between $8 billion to $13 billion. We've only just finished the concept design."
Qatar is on an accelerated drive to build bridges and causeways with neighbouring GCC states including Bahrain and maybe even the UAE, in order to become more accessible by road to these countries.
This is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red Snappa
Other than the usual ridiculousness, this is what caught my eye.
"All ministries and private agencies should use Hijri dates (the Islamic Calendar... more
we are in trouble because of Leighton, since they joined our company, and our company is going down down and down. so pls Leighton leave us more
Tuesday, 22 May 2012 4:22 PM - KumarThis 1mbps offer was made to me in February by a friendly Etisalat staff who phoned two weeks after I had subscribed to the 512kbps package for the same... more
Tuesday, 22 May 2012 1:09 PM - Louie Tedesco
wishful thinking i would put a months salary on it not being completed in 5 yrs
where are all the passengers coming from based on your own reports... more
the majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurIt is the Arabian Gulf because firstly Persia hasn't existed since 1935 and, therefore, does not appear on modern maps. So, by saying Persian Gulf we are... more
Sunday, 20 May 2012 7:40 PM - Juma Said JumaThis is not the right time to start launching studios, the economic situation in Europe is getting worse daily and is likely to create big ripples in UAE... more
Monday, 21 May 2012 2:15 PM - Red Snappa
Other than the usual ridiculousness, this is what caught my eye.
"All ministries and private agencies should use Hijri dates (the Islamic Calendar... more
Instead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more
Tuesday, 22 May 2012 9:30 PM - Fahdthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - BaffyNEVER BUY PROPERTY IN ARAB COUNTRIES !!! more
Sunday, 6 May 2012 6:37 PM - Rene
Join the Discussion
Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.
Please post responsibly. Commenter Rules