Cityscape 2004 has been hailed the most successful ever, with more than 10,000 visitors from 81 countries attending the Middle East’s premier property and investment event – marking a growth of 500 per cent on last year.
This year’s Big 5 trade fair recorded 19 per cent growth in visitor numbers compared to 2003, according to organiser dmg world media Dubai. Sixty per cent of these came from outside Dubai and 40 per cent from outside the UAE, it adds.
Bauma China breaks recordsShanghai: With around 50,000 visitors from more than 100 countries and 742 exhibitors from all over the world, bauma China 2004 turned out to be the most successful and largest international trade fair for the construction industry in Asia, says a spokesman for International Trade Fairs, the organiser “In total, over 50
Zamil Steel has been awarded a SR41.2 million ($11 million) contract to design, fabricate, supply and erect the steel building for Aziz Mall in Jeddah, Saudi Arabia. The specifications of the project commit Zamil Steel to a tight completion deadline of just three months.
Qatar Dredging Company (QDC), a subsidiary of United Development Company (UDC), has won a QR1.5 billion ($412.1 million) contract to carry out the dredging work for the $2.5 billion new Doha International Airport project, according to reports.
Bahrain and Qatar will soon invite international bids to build a $1.8 billion causeway linking the two Gulf states, a Bahraini official said.
Bahrain-based investment bank Gulf Finance House (GFH) has presented the masterplan and the various elements of its mega $3.8 billion mixed-use entertainment project in Dubai: Legends -Dubailand.
Buoyed by the improving scenario in the global and regional construction sector, Saudi-based United Gulf Steel (UGS) – which claims to be the only medium section structural steel mill in the GCC – looks forward to a period of growth and expansion.
Work on a BD75 million ($199 million) beach resort in Bahrain is expected to start early next year. The project, financed by Bahraini company A A Janahi Holdings, will be built on an area of around 800,000 sq m at Al Dafna Al Hamra, in the northern area of Budaiya.
Aluminium Bahrain’s (Alba) Line 5 project celebrated the handover of the first set of 42 assembled pots to the smelter’s existing operations, marking a significant milestone in the project’s development. The Line 5 Project Team commemorated this achievement with a handover ceremony at the project’s smelter, recently.
Bahrain International Airport is to undergo a BD125 million ($332 million) expansion, which will equip the airport to receive the new 500-passenger A380 super-jumbo jets. Work will continue over the next three years, it was revealed at the second Middle East Airports Conference organised by MEED at the Ritz-Carlton Bahrain Hotel and Spa.
Kuwait is to start building a state-of-the-art, $1.2-billion container port on Bubiyan Island early next year following cabinet approval, public works minister Bader Al Humaidi said. “Work on the port will start early 2005... It will be the main port serving Kuwait, Iran and Iraq,” he said in a presentation on the port recently.
Following regional and international acclaim for its Marina Towers in Beirut, Lebanon, leading developers Stow has entered into a joint venture with Solidere – the company behind the reconstruction of Beirut’s City Centre – to develop the new upscale waterfront of Beirut, a venture named Beirut Waterfront Development (BWD).
