After breaking records of sorts this year, the largest ever construction trade show of the region, the Big 5 will be organised on an even bigger scale when it opens up next year at the Dubai World Trade Centre from October 28 to November 1, says a spokesman for the organiser.
The kingdom played host to the first ever Intelligent Building Middle East, (IBME) early this month at the Bahrain International Exhibition Centre.
The second edition of SteelFab, Middle East's exclusive and established trade platform for the steel fabrication industry, will commence at Expo Centre Sharjah next month (January 22).
Saudi Arabia has invited local and international private firms to bid for a project to expand and modernise Haj terminal at King Abdulaziz International Airport (KAIA) in Jeddah.
Dubai International Properties (DIP) plans to develop a beach resort and spa in Bahrain at a cost of Dh2 billion ($544.5 million).
Mazaya to sell tower for $44mKuwait City: Kuwait’s Al Mazaya Holding is to sell its Mazaya Tower, which is currently under construction, to Global Investment House for KD12.9 million ($44.18 million). Mazaya said it would make a profit of KD6.5 million from the deal, which would be realised next year.
UK oil and gas services company Petrofac has won a contract worth nearly $1 billion to build the second phase of the Harweel cluster development in southern Oman. The contract, which will span three years, was awarded by Petroleum Development Oman (PDO).
The Qatar Chamber of Commerce and Industry (QCCI) plans to build a city to house low-income expatriates, on the outskirts of Doha, in a bid to combat spiralling rents in the capital. Rents for families and single workers allotted housing units in the city are to be fixed in accordance with their monthly income.
Dutch dredging group Koninklijke Boskalis Westminster has won a dredging and reclamation contract worth $1 billion over 36 months to help build a liquefied natural gas (LNG) terminal in Qatar’s Ras Laffan port.
In one of the most ambitious projects ever undertaken in the Middle East, the construction of the platform of the New Doha International Airport (NDIA) is on schedule, thanks to the vital groundwork laid by the reclamation joint venture under the leadership of Qatar Dredging Company (QDC).
The Saudi Water and Electricity Company (SWEC) and a consortium of Saudi and Malaysian companies have signed a SR9.129 billion ($2.434 billion) agreement for the first independent water and power project (IWPP) in the kingdom, located on the Red Sea coast, 110 km south of Jeddah.
PFC Energy of the US has been appointed as principal consultant and advisor for the multi-billion-dollar Energy City in Qatar. The project is being implemented by Gulf Energy, a global consortium of energy consultants and investors.
Septech of the UAE has won a contract to build a ‘boutique’ marina at the new Shangri-La Barr Al Jissah Resort & Spa in Muscat, Oman. The marina, which will have over 60 berths, will be custom-built and installed by Septech, which is in partnership in the Middle East with Bellingham Marine Australia (BMA).
VTS, a leading European supplier of air handling units (AHUs), is launching a new line of units in the Middle East following its successful debut across Europe. The Ventus line was launched throughout key European markets last month and has been a huge success, according to a spokesman for the manufacturer.
Construction managers have a vital role to play in the success of any project, and every significant development in the Gulf undertakes an even more significant risk by failing to hire one, says Turner Construction of the US. The past year has seen an increased demand for construction skills and materials which has sent costs skyrocketing.
The Royal Oman Police has awarded the local Galfar Engineering and Contracting an RO53 million ($136 million) contract to build a prison in Sumail Town in Dakhliya region of the Sultanate.
The GCC has awarded 14 contracts worth $1.95 billion for the first phase of a planned regional power grid. The power grids of Bahrain, Saudi Arabia, Kuwait and Qatar will be linked in the first phase which is to be completed in three years. The remaining GCC states – the UAE and Oman – will join later.
Italy’s Tecnimont and Korea’s Daewoo Engineering & Construction have together won a $816 million contract to build a new petrochemical facility from Q-Chem in Qatar.
When it comes to moving heavy cargoes, no load, weight or shape is too big for TCM’s heavy-duty diesel forklifts, says Aljomaih Equipment Company, the distributor for the Japanese manufacturer in Saudi Arabia.
Saudi Arabia’s Middle East Specialised Cables (MESC) has inaugurated its newly expanded facility and training centre. The Riyadh-based cables manufacturer has also started work on its next expansion project, which will be the sixth since its inception.
Marriott International will manage a new 323-room, beachfront Renaissance hotel coming up in Bahrain, under an agreement reached with Ossis Property Developers, the owner/developer of the $1 billion Amwaj Islands project.
