Dubai is to invest Dh5 billion ($1.36 billion) in a new terminal for its airport which will be able to handle 45 million passengers by 2015, said Shaikh Ahmad bin Saeed Al Maktoum, head of Dubai's Civil Aviation Department and chairman of Emirates.
The Gulf 's aluminium industry must expand and diversify into production of finished goods to get the maximum benefit out of the metal, a conference in Bahrain was told.
Al Futtaim Auto and Machinery Company (Famco), a specialist in heavy machinery and industrial equipment, has launched a state-of-the-art multi-purpose air tool in the UAE, that is said to be simple enough to be used by anyone.
Cash-strapped South Korean major Hyundai Engineering and Construction Company has been dropped from Oman's $200 million Al Kamil power project as the engineering, procurement and construction (EPC) contractor.
Mitsubishi Electric Corporation (Melco) of Japan exhibited what it termed as the 'elevator of elevators' at the Middle East Elevator & Escalator Exhibition which was held in Dubai last month. The company showed off its latest 'machine-room-less elevators' which are being launched in the Middle East this month.
Retail International of the UK has been appointed to advise upon the development of a multi-level shopping centre being developed in Oman. The project, located in the capital Muscat, is being built on three levels comprising some 30,000 sq m and is due for completion by the end of 2001.
Bahrain hotel to get facelift Manama: The Diplomat Radisson SAS Hotel in Bahrain will soon begin a BD1 million ($2.65 million) refurbishment programme that will upgrade the entire five-star property.
Tretodek+, Tremco's new protective car-park deck coating system has been used at the Seef Mall in Bahrain. The Dubai-based regional office of the coatings and sealants specialist recently launched the new product in response to an increasing demand for high-quality elastomeric protective coatings for car-park decks in the Middle East.
500 villas inaugurated Dubai: A number of villas were inaugurated in Dubai's Waraq area by Shaikh Hamdan bin Rashid Al Maktoum, Dubai's Deputy Ruler and Minister of Finance and Industry, as part of the housing programme for UAE nationals.
The eight international companies bidding for Abu Dhabi's Shuweihat 1 power and desalination plant have been given another month to submit improved proposals. Three companies will be shortlisted by late March to be followed by the selection of the final developer.
Civic authorities in Sharjah, UAE, carried out projects worth Dh110.17 million ($30 million) last year, including a major facelift of the central market, according to municipal director-general Ahmed Fikri. The projects were commissioned from the municipal budget.
Swedish construction company Skanska has won a contract worth 25 million sterling ($36.16 million) to expand Dubai's Burjuman Centre.
Two UAE companies, and one from England, have joined a big international line-up of exhibitors looking to the Middle East's top hotel supplies showcase to capitalise on the rapid expansion of the region's hospitality industry.
Although the number of projects may fall, the UAE construction sector will be valued at Dh60 billion ($16.3 billion) for 2001, equal to last year, according to forecasts by the UAE Contractors Association (UCA).
