01 September 2016

Dubai’s private sector, including construction, signalled a positive start to the third quarter of 2016, with overall business conditions improving at the fastest pace since March 2015, according to the latest Emirates NBD Dubai Economy Tracker Index.

The headline seasonally adjusted index rose from 54.6 in June to 55.9 in July. The construction sector with an index of 53.5 was one of three top performers.

The index has signalled a recovery in operating conditions in each month since the series’ record low seen in February. Moreover, the latest reading is now back above the long-run survey average (55.1). In each case, the latest readings were above the crucial 50.0 no-change value.

• GRI eyes GCC growth as business booms
• $272m to accelerate Dubai development
• Dubai Parks and Resorts set to open
• Floating homes no flight of fancy
• The Tower gets wind tests
• Dubai construction sees growth
• Update
• Hira achieves DCL quality certification
• RWI to launch new insulation pipes
• 800-room resort on the way up
• Utico invests $185m to double desal capacity
• Tenders out for two Nakheel hotels

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Abu Dhabi Power Generation Chemicals in Construction Compaction & Paving Plant Scandinavia & the Mideast Concrete Technology Partitions Legally Bound Just Out Editorial Calendar - 2016 Regional News Saudi Focus UAE Focus Events Diary of events Contractors Real Estate Interiors Tenders Manufacturers & Procurement

Gulf Construction is the undisputed leading trade journal for the building and construction industries of Saudi Arabia and the other Gulf states. The magazine provides editorial coverage on a wide range of topics which are of interest to industry professionals. In addition, regular features highlight technological developments within specific industry fields. Launched 40 years ago, the magazine has established an enviable reputation as an authoritative, respected journal with unmatched coverage of the Gulf region. Gulf Construction is essential reading for anyone with a serious interest in the region’s building and construction industry.