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INFRASTRUCTURAL DEVELOPMENT - INFRASTRUCTURAL DEVELOPMENT

UAE to spend more than US$300 billion on infrastructure development by 2030

Posted on 04/04/2014

The UAE is expected to spend over US$300 billion by 2030 on infrastructure development as the construction sector bounces back after the economic downturn in 2008, according to a report by HVS, a hospitality consultancy. The UAE's construction sector gained momentum in 2013, the Middle East Hotel Development Cost Trends report stated. Last year, Dubai won the bid to host Expo 2020, a six-month global exhibition that is expected to attract 25 million visitors. Expo-related infrastructure ...  >>MORE

US$23b construction projects awarded in ’13

Posted on 03/04/2014

MEED Projects has revealed that more than US$12 billion of previously stalled UAE projects have resumed with construction work over the past 18 months. The pace at which stalled projects resumed construction activity has increased since Dubai won the right to host the Expo 2020 as positive sentiment returned to the UAE real estate market. The year of 2013 saw more than US$23 billion worth of projects awarded in the construction sector, 55 per cent of which were for mixed-use or ...  >>MORE

MEED announces UAE winners in its latest search for the GCC's best projects

Posted on 30/03/2014

MEED has announced the names of the UAE's projects of the year in the national round of the MEED Quality Awards for Projects 2014, in association with Mashreq. After a rigorous judging process, MEED revealed that the UAE's projects of the year are: MERAAS' City Walk project; Roads and Transport Authority (RTA) Dubai's Comprehensive Improvement of Parallel Road projects; Ruwais Fertiliser Industries (Fertil) FERTIL-2 Ammonia Urea Expansion project; ADNOC's Integrated Gas Development project; ...  >>MORE

Deyaar commences construction of The Atria at Business Bay

Posted on 13/03/2014

Deyaar Development PJSC, a customer focused, trusted and valued developer with in-depth market intelligence and property management expertise, has stepped up the momentum for its new project, The Atria at Business Bay. Aiming to meet is 2017 handover-deadline, the developer marked the commencement of construction with a ground-breaking ceremony on 10 March. The event was headlined by Saeed Al Qatami, Chief Executive Officer, Deyaar, and Eng. Iyad Charchar, Vice President of Projects and ...  >>MORE

‘65 per cent of Mena region’s green buildings located in UAE’

Posted on 23/02/2014

"As a result of a rapid shift in focus, 65 per cent of all green buildings in the Mena region are located in the UAE, while leaders in the construction and architectural industry continue to find innovative ways to curtail environmental damage,” said Mohamed Al Assam, Founder, Chairman and Managing Director of Dewan Architects and Engineers. The comment was made as Dewan Architects and Engineers celebrated completion of three decades of developing sustainable buildings in the region. ...  >>MORE

Nakheel awards Dh375m contract to GTCC for construction of The Pointe at Palm Jumeirah

Posted on 06/02/2014

Dubai developer Nakheel has awarded a contract worth almost Dh375 million to Gulf Technical Construction Company ( GTCC ) to build The Pointe at Palm Jumeirah. Nakheel expects GTCC - a subsidiary of Drake '&' Scull - to mobilise before the end of this month. The Pointe - Nakheel 's Dh800 million, 136,000 square metre retail and entertainment complex - will be located at the tip of Palm Jumeirah, opposite Atlantis, and is due for completion in 2016. The project includes a diverse range of ...  >>MORE

ADIDB picks 13 sectors, unveils plan to achieve industrial strategy targets

Posted on 02/02/2014

Abu Dhabi's Industrial Development Bureau, or ADIDB, has picked up 13 industries, which would be focused in the coming years in line with the Industrial Strategic Plan for 2011-15, according to Abu Dhabi Economic Vision 2030. The industries include building materials, petrochemicals, metals engineering, iron and steel, plastic, renewable energy, oil and gas, semiconductor, packaging, aviation and transport machinery. The Industrial Development Bureau (IDB) has laid out details of the ...  >>MORE

Solar shines a light on UAE's opportunities

Posted on 01/02/2014

The development of sustainable energy is an important plank of the UAE's future vision, a UAE daily has said. "Many new buildings - including the twin Al Bahar Towers in the capital and the new Dubai Electricity and Water Authority (Dewa) office in Al Quoz - have been built with sustainability in mind. Even Mawaqif's parking machines in Abu Dhabi operate on solar energy. But, until now, that technology's possibilities have not been fully exploited," the Abu Dhabi based English language 'The ...  >>MORE

UAE home to three tallest towers of 2013

Posted on 16/01/2014

World's tallest twisting tower in Dubai impressive, says CTBUH Three of the world's five tallest buildings completed in 2013 are located in the UAE led by JW Marriott Marquis Hotel Dubai Tower 2 according to the Council on Tall Buildings and Urban Habitat (CTBUH) report. The other two towers making it to the list are 328-metre Al Yaqoub Tower in Dubai and 324-metre The Landmark in Abu Dhabi. The council stated the UAE remained a dominant player in completion of 200-metre plus tower in 2013, ...  >>MORE

Iconic tower lights up Abu Dhabi skyline

Posted on 16/01/2014

Al Nadi tower is located at the gateway to the culturally significant Saadiyat Island, within the premises of The Club, a private members club. Abu Dhabi's skyline on its eastern shores has got a new massive sculpture facing the newly developed Al Mariya Island and Al Reem Island. Painted in red and white, Al Nadi tower is located at the gateway to the culturally significant Saadiyat Island, within the premises of The Club, a private members club. The iconic structure has been built to ...  >>MORE

Arabtec Construction wins Dh2.590 billion contract for development of Abu Dhabi's Reem Island

Posted on 15/01/2014

Arabtec Holding PJSC, a leading engineering and construction Group specialising in complex projects in the Middle East and North Africa region, announced yesterday that its subsidiary, Arabtec Construction, has been awarded Dh2.59 billion contract for the construction of a mixed-use development in Al Reem Island, Abu Dhabi. The project, to be constructed on a plot area of 32,000 m2 as part of Al Reem Island, and a built up area of around 350,000 square meters, will house a 61-storey ...  >>MORE

UAE ranks 5th in building permits

Posted on 29/12/2013

The UAE has ranked fifth in the global ranking for ease of getting building permits, according to World Bank statistics for 2014. By jumping up 13 ranks, Dubai officials say that they expect a boom in construction – impacting the business sector in general. "Our next aim is to be in the top three, and in turn to increase our rank in starting a business and attract investors. To achieve the highest global rank, we have to collaborate further with other government departments to facilitate the ...  >>MORE

Etihad Towers Abu Dhabi recognised as 'Best International Commercial High Rise Development'

Posted on 18/12/2013

Etihad Towers Abu Dhabi - the luxury mixed-use development, built by H.H. Sheikh Suroor's Projects Department (SSPD) and managed by Etihad Towers for Real Estate (ETRE) in the heart of the UAE capital has been awarded the Best International Commercial High Rise Development' at the esteemed International Property Awards global competition. The event which took place in London on 6th December commended the world's finest properties and real estate developments. A total of 72 international ...  >>MORE

Dubai intends to be the most sustainable city by 2020

Posted on 17/12/2013

Hussain Nasser Lootah, Director-General of Dubai Municipality, said the civic body is working hard to make the city of Dubai one of the top ten sustainable cities in the world by 2020, implementing the green building regulations and related orders in line with the strategic vision and goals of the Dubai Government. These comments came when the Director-General was speaking about the plans of Dubai Municipality in preparation to host EXPO 2020, when he said, "We are obliged to fulfil our word ...  >>MORE

Engineering firms vie for share of US$78 billion GCC engineering market

Posted on 16/12/2013

With US$398 billion of projects in the GCC currently in a pre-execution stage, design consultancy firms gear up to take their share of the US$78 billion engineering and design market. More than a third of the work is in Saudi Arabia followed by Kuwait and the UAE with 35, 18 and 17 per cent respectively. The construction (buildings) sector represents the largest opportunity with 35 per cent of projects followed by the transport and oil sectors with 18 and 17 per cent respectively. With a ...  >>MORE

Dubai, Abu Dhabi towers among world's 100 tallest buildings

Posted on 09/12/2013

Twenty of the world's 100 tallest buildings are in Abu Dhabi and Dubai. They are our modern-day monuments to progress, skyscrapers that climb skywards and are a symbol now for the UAE. Although the nation is just 42 years young, it has already built a place in urban lore and architectural heritage. Twenty of the world's 100 tallest buildings are in Abu Dhabi and Dubai. – Gulf News ...  >>MORE

Expo 2020: Watch out for these mega developments in Dubai

Posted on 08/12/2013

Dubai developers are set to commence work on several mega projects in the coming months in order to complete and deliver them much earlier than 2020. "The Expo 2020 win for Dubai is a significant milestone, and this will definitely translate into exponential growth across a wide array of sectors, namely hospitality, tourism, trade, shipping and logistics as well as real estate,” Khalid Bin Kalban, CEO, Dubai Investments, told Emirates 24|7. He added: "This overall optimism will translate ...  >>MORE

New Dubai landmark: 150m high iconic structure to capture old and new Dubai in a frame

Posted on 22/11/2013

Dubai Frame will become one of the most attractive tourist destinations of Dubai, attracting around 2 million visitors per year from across the globe, according to Hussain Nasser Lootah, Director-General, Dubai Municipality. The work will start next month and is expected to be ready for tourists by the second half of 2015, he said. "We have opened tenders and will be giving the assignment to the apt contractor according to our plan. We are looking forward a unique architectural landmark that ...  >>MORE

Aldar launches iconic Gate Towers in Abu Dhabi

Posted on 20/11/2013

Aldar Properties PJSC, Abu Dhabi's leading listed property development, investment, and management company, yesterday announced the phased handover to owners of the Gate Towers in Abu Dhabi - a mixed-use development at the heart of Shams Abu Dhabi on Al Reem Island. "This marks the start of another important delivery cycle for Aldar, as we deliver more than 7,000 quality units into the market over the next 12 months," said Aldar Deputy CEO, Mohammed Al Mubarak. "The Gate Towers is one of Abu ...  >>MORE

Etihad Towers launches state-of-the-art digital tool Concierge

Posted on 05/11/2013

Etihad Towers Abu Dhabi - the luxury mixed use development by Sheikh Suroor Projects Department (SSPD) has announced that it has strengthened its services portfolio with the launch of ‘Concierge': a state-of-the-art digital tool for its residents. Concierge which was developed by Evolvin Networks LLC, is a first for the Abu Dhabi market and is the latest step in Etihad Towers' mission to define the luxury residential market, and marks a quantum leap in the level of service available to Abu ...  >>MORE

Etihad Towers Abu Dhabi receives multiple wins at International Property Awards Arabia 2013

Posted on 01/11/2013

Etihad Towers Abu Dhabi - the luxury mixed-use development by Sheikh Suroor Projects Department (SSPD) in the heart of the UAE capital has won five awards at the esteemed International Property Awards in the 2013 Arabian regional competition at a high-profile gala event at the One '&' Only Royal Mirage in Dubai. Etihad Towers along with the top-scoring winners will go on to compete in the grand final of the International Property Awards global competition taking place in London in December ...  >>MORE

Final breakthrough for world’s 2nd longest gravity-driven tunnel in Abu Dhabi

Posted on 09/10/2013

Drilling work finished on Abu Dhabi's 41-kilometre main sewer tunnel, a major strategic project, on Tuesday. The eighth and final segment to be completed was 4.7 km, stretching from the Officers' Club area to the Abu Dhabi National Exhibitions Centre, Abu Dhabi Sewerage Services Company said. The second longest gravity-driven tunnel in the world, it now stretches from Al Mushrif to Al Wathba. Fifteen million working hours went into the project and nearly 1.4 million cubic metres of sand were ...  >>MORE

UAE portfolio of infrastructure projects stands at US$690 billion

Posted on 01/10/2013

The UAE currently has a portfolio of US$690 billion worth of infrastructure projects, a senior official at a strategic government body said on Monday. "The UAE is considered as one of the world's most rapidly growing economies with some of the most complex and large-scale projects under construction. The rapid expansion of the UAE and Abu Dhabi requires more projects, qualified workforce for these projects, demand for housing, and demand for healthcare and demand for education and energy and, ...  >>MORE

‘Vanity height’ apart, Burj Khalifa still tallest in the world

Posted on 12/09/2013

Not counting its vanity height, Burj Khalifa remains the world's tallest building with a highest occupied floor of 585 metres, an international body on tall buildings has told XPRESS. The clarification by the US-based Council on Tall Buildings and Urban Habitat (CTBUH) comes in the wake of the many interpretations of its recent report which found that the UAE's tallest buildings have the maximum share of vanity height in the world. Vanity height is the vertical distance from the building's ...  >>MORE

Dh1 billion Paramount-themed Dubai tower will have own movie screen

Posted on 08/09/2013

Damac Properties has awarded the Dh1 billion order to build its Paramount-branded luxury hotel in Dubai to Turkey's TAV Construction. The contractor's Dubai unit will build Damac Towers by Paramount near Burj Khalifa, the single largest contract Damac has ever awarded. The Istanbul-headquartered company is a member of global airport brand TAV Group. Damac's contract with TAV Tepe Akfen Investment Construction and Operation is expected to run for 33 months. The Dubai property market is ...  >>MORE

48-storey ‘Central Park’ tower launched at DIFC

Posted on 02/09/2013

Arady Developments, a joint venture between Deyaar Development and Dubai Properties Group, yesterday announced the launch of its 48-storey residential tower, a part of the prestigious ‘Central Park' project at the Dubai International Financial Centre (DIFC). Located in a prime residential area in close proximity to Dubai Mall, Emirates Towers, Burj Khalifa and the Financial Centre metro station, the Central Park residences are insightfully conceptualised to reflect the upscale lifestyle and ...  >>MORE

TDIC forecasts more leasing and construction activities

Posted on 25/08/2013

Abu Dhabi's Tourism Development and Investment Company, or TDIC, is gearing up for leasing and construction activities in the third quarter, a senior official said. The government-owned TDIC — which is building three world-class cultural sites like Louvre Abu Dhabi and Guggenheim Museum to attract high-end tourism in Abu Dhabi's cultural district being built on capital's backyard, Saadiyat Island — has built hundreds of luxury residential units, apart from commercial, hospitality and ...  >>MORE

Dh4.3t construction growth to boost solar energy sector

Posted on 11/08/2013

A surge in commercial and residential construction projects across the Gulf will provide the solar energy sector with huge opportunities for growth and innovation, according to industry experts. Latest reports estimate nearly Dh4.3 trillion worth of construction projects across the Mena region over the next decade, further increasing the demand for energy which is already growing at between seven and eight per cent per annum. Solar is emerging as a key power source to sustainably meet these ...  >>MORE

Dubai property developers upbeat: 15 new mixed-use towers coming up in Maritime City

Posted on 23/07/2013

At least 15 new mixed-use towers will be completed over the next three to four years in Dubai Maritime City, the world's first purpose built city for the global maritime industry. "Fifteen developers have signed up with us for development of various projects. "Work has commenced on many of those and we expect these developers to complete their projects in the next three to four years,” a senior executive of Drydocks World told Emirates 24|7 on condition of anonymity. Dubai Maritime ...  >>MORE

Building aaterials prices up by 0.1-14.2 per cent in Q2 Compared with Q1 2013: SCAD

Posted on 21/07/2013

Statistics Centre - Abu Dhabi (SCAD) issued yesterday its monthly report on the prices of building materials for the month of June and the second quarter of 2013. The report presents an analysis of the movements in the prices of the various materials used in the construction industry in Abu Dhabi retail market, comparing June 2013 prices with those of May 2013 and June 2012. It also compares prices in Q2 2013 with those prevailing in Q1 2013 and Q2 2012. The dissemination of this important ...  >>MORE

Landmark Tower to have best, and highest, new view in Abu Dhabi

Posted on 08/07/2013

Agents for Abu Dhabi's new Landmark Tower are gearing up to start leasing the city's tallest residential building. The 72-storey property, which stands at 324 metres, was designed by the US-based Pelli Clarke Pelli Architects and is about 12 metres higher than the Sky Tower on Reem Island. It is spread across 158,000 square metres in total and is made up of 35 floors of commercial space with the remainder comprising three and four-bedroom residential apartments. There are also restaurants and ...  >>MORE

EmiratesGBC Chairman becomes board member of World Green Building Council

Posted on 04/07/2013

Adnan Sharafi, the Chairman of Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has been elected to the Board of the World Green Building Council (WorldGBC), a network of national green building councils in more than 90 countries. The appointment underlines the success of EmiratesGBC in promoting sustainably built environments in the region. Sharafi is the first Emirati to serve ...  >>MORE

DMCC announces plans to build world's tallest commercial tower in Dubai

Posted on 03/07/2013

The Dubai Multi Commodities Centre (DMCC), of the Government Authority, has announced to build the world's tallest tower in Dubai. The move comes in line with the plans of DMCC to establish Dubai as the global gateway for commodity trade. In a statement, the DMCC said its plans to build the tallest commercial tower in the world as part of its expansion plans designed specifically for large multi-nationals. Ahmed bin Sulayem, Executive Chairman of DMCC, said in a statement, "When we announced ...  >>MORE

Deep Ocean Technology and Drydocks World discuss future projects

Posted on 01/07/2013

Khamis Juma Buamim, Chairman of Drydocks World and Maritime World, met with Arkadiusz Majerski, President and CEO, Deep Ocean Technology and Bogdan Gutkowski, President of BIG INVEST, a group of Swiss-Polish brokerage, consulting and engineering companies, to discuss issues related to the Water Discus Underwater Hotel project including designs, engineering aspects and structures. While presenting a film and discussing a recent CNN report on the project, Majerski reviewed global interest in ...  >>MORE

UAE's Sowwah Square wins Best Tall Building Award for 2013

Posted on 30/06/2013

Sowwah Square in Al Maryah Island, Abu Dhabi, has won the Council on Tall Buildings and Urban Habitat's (CTBUH) best tall building award for Middle East and Africa for 2013. The three other regional winners include The Bow in Calgary, Canada (Americas); CCTV Headquarters in Beijing, China (Asia & Australia) and The Shard, London (Europe). The council received over 60 entries from around the world for the Best Tall Building awards. Developed by Mubadala Real Estate and Infrastructure, Sowwah ...  >>MORE

China builder buys stake in SKAI's US$1 billion Palm Jumeirah project

Posted on 26/06/2013

The Middle East subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world's largest construction companies, is investing in Dubai-based SKAI Holdings' Dh3.67 billion Viceroy Dubai Palm Jumeirah project. The Chinese company has bought an equity stake in the project, Kabir Mulchandani, Chief Executive Officer, SKAI Holdings, told Emirates 24|7, declining to give financial details of the deal. "We have already registered sales of Dh2.1 billion. Work has ...  >>MORE

Nakheel open to investor inquiries for The World project

Posted on 26/06/2013

The number of developers submitting development plans for approval in The World project is on the rise, according to Nakheel. "An increasing number of investors and owners are currently focusing on development on The World, as is evident from the growing number who are submitting their development plans for approval,” a company spokesperson told Emirates 24|7. So far, Lebanon Island and one other private island have been developed. Among the investors planning for development are ...  >>MORE

Aldar awards nearly Dh4 billion contract in Kazakhstan to Arabtec-led JV

Posted on 18/06/2013

Aldar Properties, Abu Dhabi's leading property development company, and Arabtec Holding PJSC, announced yesterday the award of a contract valued at nearly Dh 4 billion to an Arabtec-led JV for the development of the Abu Dhabi Plaza in Astana, Kazakhstan. The joint venture brings together Arabtec and Consolidated Contractors Company SAL (CCC), two key players in the local, regional, and international construction industry. In its capacity as development manager on behalf of the project owner, ...  >>MORE

EmiratesGBC exclusive UAE operator of Green Key label to drive sustainability in hospitality and tourism sector

Posted on 18/06/2013

Emirates Green Building Council (EmiratesGBC), has been assigned as the exclusive operator of the 'Green Key' eco-label to promote sustainability in the hospitality and tourism sector of the UAE. Green Key is recognised by the World Tourism Organisation and United Nations Environment Programme (UNEP), and is the largest global eco-label relating to accommodation. A prestigious citation that underlines the environment-friendly energy, water and waste management commitment of hotels, serviced ...  >>MORE

Prices down for 12 Groups of Building Materials in May 2013, reports SCAD

Posted on 18/06/2013

Statistics Centre, Abu Dhabi (SCAD) yesterday issued its latest monthly report on the prices of building materials in Abu Dhabi Emirate. The report presents an analysis of the movements in the prices of the key building materials during May of this year. The report covers the movement of monthly prices for building materials used in Abu Dhabi during the month of May 2013 compared to April, as well as compared with May, 2012. The dissemination of the report, which presents a wide range of ...  >>MORE

Dubai skyline gets another iconic addition

Posted on 12/06/2013

Dubai continues to prove its real estate industry might as it witnessed yet another world class skyscraper, the one billion dirham Cayan Tower, previously known as Infinity Tower, that was officially inaugurated on Monday night. According to its developer, Cayan Real Estate Investment and Development Company, which has operations in Dubai and Saudi Arabia, the 307-meter-high tower holds the record for the tallest twisted architectural creation in the world. Speaking to journalists at the ...  >>MORE

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Quick List

UAE to spend more than US$300 billion on infrastructure development by 2030


US$23b construction projects awarded in ’13


MEED announces UAE winners in its latest search for the GCC's best projects


Deyaar commences construction of The Atria at Business Bay


‘65 per cent of Mena region’s green buildings located in UAE’


Nakheel awards Dh375m contract to GTCC for construction of The Pointe at Palm Jumeirah


ADIDB picks 13 sectors, unveils plan to achieve industrial strategy targets


Solar shines a light on UAE's opportunities


UAE home to three tallest towers of 2013


Iconic tower lights up Abu Dhabi skyline


Arabtec Construction wins Dh2.590 billion contract for development of Abu Dhabi's Reem Island


UAE ranks 5th in building permits


Etihad Towers Abu Dhabi recognised as 'Best International Commercial High Rise Development'


Dubai intends to be the most sustainable city by 2020


Engineering firms vie for share of US$78 billion GCC engineering market


Dubai, Abu Dhabi towers among world's 100 tallest buildings


Expo 2020: Watch out for these mega developments in Dubai


New Dubai landmark: 150m high iconic structure to capture old and new Dubai in a frame


Aldar launches iconic Gate Towers in Abu Dhabi


Etihad Towers launches state-of-the-art digital tool Concierge


Etihad Towers Abu Dhabi receives multiple wins at International Property Awards Arabia 2013


Final breakthrough for world’s 2nd longest gravity-driven tunnel in Abu Dhabi


UAE portfolio of infrastructure projects stands at US$690 billion


‘Vanity height’ apart, Burj Khalifa still tallest in the world


Dh1 billion Paramount-themed Dubai tower will have own movie screen


48-storey ‘Central Park’ tower launched at DIFC


TDIC forecasts more leasing and construction activities


Dh4.3t construction growth to boost solar energy sector


Dubai property developers upbeat: 15 new mixed-use towers coming up in Maritime City


Building aaterials prices up by 0.1-14.2 per cent in Q2 Compared with Q1 2013: SCAD


Landmark Tower to have best, and highest, new view in Abu Dhabi


EmiratesGBC Chairman becomes board member of World Green Building Council


DMCC announces plans to build world's tallest commercial tower in Dubai


Deep Ocean Technology and Drydocks World discuss future projects


UAE's Sowwah Square wins Best Tall Building Award for 2013


China builder buys stake in SKAI's US$1 billion Palm Jumeirah project


Nakheel open to investor inquiries for The World project


Aldar awards nearly Dh4 billion contract in Kazakhstan to Arabtec-led JV


EmiratesGBC exclusive UAE operator of Green Key label to drive sustainability in hospitality and tourism sector


Prices down for 12 Groups of Building Materials in May 2013, reports SCAD


Dubai skyline gets another iconic addition