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  • Hotel Construction
    Hotel construction in the MEA region rose by 44.3% in June 2015

    Hotel construction in the Middle East and Africa (MEA) region rose by 44.3% in June 2015 compared to figures for June 2014, with 96,162 rooms in 366 hotels under construction during the month.

  • Abu Dhabi
    Construction works commence on Warner Bros theme park in Abu Dhabi

    Warner Bros Entertainment signed a deal in 2007 with Abu Dhabi developer Aldar Properties and the Abu Dhabi Media Company to bring Warner Bros-themed project to the Middle East, Arabian Business reported. The partnership includes the construction of a theme park comprising 19 different rides, a hotel and jointly-owned multiplex cinemas, and to form a joint venture fund to finance films and publish video games.

  • Construction: 3D Printing
    3D printing to impact construction in Saudi Arabia

    Dubai has already revealed plans to develop a 3D printed office in its city centre. The 20-foot tall structure is being developed by WinSun Global, a company that has previously constructed a 3D printed apartment building in China.

  • Saudi Stock Opening: Construction
    The challenge of trading on Saudi Arabia’s Tadawul: Construction

    “Saudi Bin Laden Group, Saudi Oger, and Arrab Contracting Co, which have a combined market share of around 40%, are not listed on Tadawul,” he says. “Thus, we believe that the strong performance of the construction sector will not be reflected in Tadawul after it has been opened to foreigners.”

  • Gaza
    Rethinking reconstruction in Gaza

    Gaza is stuck. For 50 days in July and August 2014, the Strip took a beating while Hamas and other Palestinian factions fired rockets at Israel and engaged on the ground with the Israel Defense Forces. By the end of the conflict, more than 18,000 Palestinian homes were destroyed, 100,000 people left without shelter and 560 factories and businesses damaged or destroyed.

  • Construction: Disputes
    Middle East construction disputes surge

    “In 2014, we saw a number of high-value claims being initiated for projects that were undertaken in 2008-09 due to money now being available to pursue those claims,” he said.

     

  • GCC SME Activity
    Construction, transport top in GCC to generate jobs

    According to GOIC data, the small and medium-sized factories amounted in 2014 for 82.7 per cent of the total number of factories operating in manufacturing industries in the GCC estimated to a total of 16,292 factories. In the same context, these industries offer employment to 44.1 per cent of the total industrial sector workforce in spite of the small size of investments which contributed by 4 per cent of the total investments in the manufacturing industries.

  • GCC Construction: 2015
    GCC Construction Contract Awards to hit US$ 204 Billion in 2015

    The GCC construction industry is set to witness increased activity in the building and infrastructure sectors regardless of the predicted adverse economic impact of the consistent plunge in oil prices.

  • Construction: ME & Africa
    6.9% annual growth for MEA construction, says CIC

    The Middle East and Africa (MEA) region’s construction industry will grow by 6.9% annually in 2016-20, according to Timetric’s Construction Intelligence Center (CIC).

  • Saudi - Bahrain: Pipelines
    Construction of new crude oil pipelines between Bahrain and Saudi Arabia on track for completion by end of 2017

    The work on the new crude oil pipelines between Bahrain and Saudi Arabia is progressing well with the completion of front-end engineering and design last year and the project will be ready by the end of 2017, said a report.