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Middle East construction industry ‘in turmoil’, more casualties loom, warns expert

October 22, 2020 0 Comments

The Dubai government last week passed a new building code, aimed at reducing construction costs by streamlining building rules. A leading consultant has suggested that the Middle East’s construction industry …

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Construction

UAE Construction Industry Review 2015-2019 and Forecast 2020-2024: Expected to Reach AED 278.7 Billion by 2024

October 22, 2020 0 Comments

According to the report, the construction industry in United Arab Emirates is expected to record a CAGR of 6.2% to reach AED 278.7 billion by 2024. The residential construction industry in value …

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UAE begins operations of first reactor of $24.4bn Barakah nuclear project

October 22, 2020 0 Comments

The UAE has commissioned the first reactor out of the four units in the $24.4bn Barakah nuclear power plant (NPP) in the Dhafra Region of Abu Dhabi.The 5.6GW Barakah nuclear …

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Middle East and UAE Real Estate Report 2020 released

October 7, 2020 0 Comments

The UAE and MENA Real Estate Report has been released. The MENA region looks set for a measured yet optimistic real estate industry recovery. The survey’s 488 respondents, made up …

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Construction

Adnoc awards two contracts worth $245m to upgrade main oil lines and facilities in UAE

March 1, 2020 0 Comments

ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has awarded two EPC contracts to upgrade two main oil lines and crude receiving facilities at the Jebel Dhanna …

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