Arabian Business exclusively publishes extracts from Dubai business legend Khalaf Al Habtoor’s new autobiography. Here, Al Habtoor recalls the moment he decided to leave his old job and set up his own company
Construction
Troubled Saudi Al-Mojil Group extends losses
Construction firm posts US$9m loss as project revenue falters; considers breaking up
Etihad starts construction work on new training HQ
Abu Dhabi airline says centre will be best in world when completed in November 2013
Qatar to finance sports city project in Gaza
Gulf state to offer $25m to build Al-Yasin Sports City; to include stadium, pool, sports fields
Dubai’s DP World wins $200m India port deal
Port operator wins approval to build and operate new terminal to boost Mumbai services
Safi Qurashi to launch $200m Dubai real estate vehicles
Formerly jailed developer’s Q Group will develop new projects across the emirate
Dubai’s Union Properties posts Q3 profit
Developer posts decline in revenue as it stayed away from new projects, focused on existing ones
Bahrain to restart $80m of seafront projects – report
Plans include a new marina in the Gulf state featuring theme parks, beach, mall and hotel
Taj Mahal replica developer in talks with hotel operators
Dubai’s Link Global to build replica of India’s most famous landmark complete with 300-room hotel
Masdar says operations start at London energy project
Abu Dhabi firm says 151 turbines at London Array wind farm start to generate electricity
Limitless JV awards new Moscow contract
Dubai developer behind mixed use project located north west of Russian capital city
Historic mosques in Madinah to be bulldozed
Three of world’s oldest mosques to be destroyed as Saudi city’s redevelopment continues
Nearly 4m performed hajj this year, says Saudi
Senior official says up to 1.4m who travelled to holy city during hajj season did so illegally
DP World sees Jebel Ali T2 completion in H1 2013
Port operator also says work has begun on Terminal 3 as part of major expansion plan
Builders said to face biggest bills in Qatar
New research shows Qatar has become most expensive construction market in Gulf
Bahrain plans revamp for Manama seafront
Tenders close on project to include theme park, restaurants and a 1km walkway
UK, US firms win $1bn Kuwait refinery contracts
Kuwait National Petroleum Company awards consultancy deals for two oil mega projects