Middle East Construction News – Construction Week Online

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January 3rd, 2009

Issues:

Aldar seeks bidders for development
Business

Bids invited on US $680m town centre at Al Raha Gardens development.
 

UAE Company awards $100m contract
Projects

Emirates Aluminium has awarded contracts worth US $100 million to two companies, French group ECL and Australian firm Kempe.
 

Sabic to reduce workforce by 10%
Business

Sabic Innovative Plastics announced it will cut 10% of its global workforce through 2009.
 

RTA windfall will be ploughed back into Metro
Business

The Dubai Roads and Transport Authority (RTA) has raked in over US $490 million (AED1.8 billion) through its naming rights bidding scheme, and funding deals for stations.
 

Kuwait projects awarded to bidders
Projects

Government awards contracts for power, water and wastewater projects.
 

Architects' fees fell 5% last year
Business

Architects' fees fell by 5% in 2008, according to a new report.
 

Saudi Landbridge finalises route
Projects
 1 Comment

Contract expected to be awarded in the next two weeks.
 

CPC opens in Egypt
Business

CPC establishes new industrial company with US $120m investment.
 

Memon awards MEP contract to Win Gate
Projects

Contract is for Cambridge Business Centre in Dubai Silicon Oasis.
 

Riyadh to award Financial District
Projects

Public Pensions Agency sends letters of intent to architects.
 

KSA homes ready for delivery in 2009
Projects

First King Abdullah Economic City residential available in first quarter of 2009.
 

Abu Dhabi property values drop
Business

As Dubai sees number of properties available for sale increase by 36%.
 

Jordan opens new Aqaba Youth Hall
Projects

Saraya Aqaba to develop and support the club.
 

The inevitable climate change makes protection essential
Business

'The importance of effective earthing is often overlooked'.
 

Zero energy, brighter future
Projects

Taking sustainability to a new level in Bahrain.
 

Leave only footprints
Business

What needs to be done to reduce the UAE's large ecological footprint.
 

Powering on
Business
 1 Comment

The power tool industry in the Middle East is moving towards stricter health and safety features to protect and increase productivity of the end user.
 

February and March are crunch time
Business

Partner in one of Dubai's foremost construction law firms warns of crucial time ahead.
 

The time is now for a unified GCC currency
Business
 1 Comment

Construction Week editor, Rob Wagner, on the call for a common GCC currency.
 

Danube says it's not in crisis
Business

Chairman of one of UAE's biggest suppliers says firm has enough work to protect it from global economic downturn until 2011.
 



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