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RELATED ARTICLES: Govt spending backs construction in 2012: Fitch | 2012-13 Saudi budget extends infrastructure focus | EXCLUSIVE: Owner wins case against Emaar company
From the travails of cash-strapped developers and stalled projects to Saudi Arabia’s inaugural midday summer work ban, 2011 was an interesting year for news
Contractors
Contractors look to revive stalled projects: Reviving stalled construction projects in Dubai could be a potentially lucrative market for contractors to top up their bottom lines in the downturn, said Al Tamimi regional head of construction Steven Hunt at a Dubai Corporate Counsel Group seminar at the Armani Hotel.
Two thirds of Dubai designs not being built: P&T Architects & Engineers says only around a third of the projects it has designed in the last six years are seeing construction work, as the Dubai-heavy portfolio is still feeling the effects of the recession.
Finishing contractors need to unite: A representative body is needed to unite the interior fit-out and finishing contractor sector, says fino International managing partner Talal Saeed.
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GCC commits to adopting unified building code: A unified building code is to be adopted by all GCC member countries, according to a decision taken at the 14th meeting of the GCC Standardisation Organisation board in Jeddah. The technical office for the project will be hosted by Qatar.
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