Industry News
UDC signs deals worth QR1.2bn for major projects at The Pearl-Qatar
United Development Company (UDC), master developer of The Pearl-Qatar and Gewan Islands, has signed three agreements worth QR1.2bn pertaining to major projects at The Pearl-Qatar. The first agreement has been signed with “Orbital Education” a [...]
FEATURED: ‘Straight from the Horse’s Mouth’ – Northcroft Middle East LLC
The saying “prevention is better than cure” would have held true in many of our recent cases. Adhering to thorough Contract Administration principles is arguably one of the most effective ways in preventing and dealing [...]
The ‘Big 5 Construct Qatar” returns to support $150bn of planned projects
After a successful launch edition in 2018, The Big 5 Construct Qatar will return to the Doha Exhibition and Conference Centre (DECC) from 23 -25 September 2019, dmg events (Doha) announced. The Big 5 Construct [...]
Qatar set to be among fastest growing construction markets globally: BMI
Qatar will emerge as one of the fastest growing construction markets on a global basis, BMI Research said and it forecasts an annualised average sector expansion of 14.1% out to 2022. “Despite potential headwinds stemming [...]
BIM is key to future of Quantity Surveying profession says RICS
BIM is key to future of Quantity Surveying profession says RICS Building Information Modelling (BIM) can help quantity surveyors to speed up the estimating process by supporting the use of the New Rules of Measurement, [...]
Global commercial property market ends 2017 in positive mood
Great news for Quantity Surveyors and related industries. The Q4 2017 RICS Global Commercial Property Monitor, which has just been released, suggests that sentiment remains generally upbeat across the majority of real estate markets covered [...]
Sheikh Hamdan approves AED1.3bn Dubai Municipality drainage project
His Highness Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and chairman of Dubai Municipality, has approved AED1.3bn for the implementation of the first stage of the rainwater and groundwater drainage [...]
Welcome to the Floating Venice, 4km off the Dubai coast
Kleindienst Group on Monday launched The Floating Venice, the world's first underwater luxury vessel resort to be built off Dubai's coastline. Valued at AED2.5 billion ($680 million), The Floating Venice will be located in The [...]
UAE’s Aljada to award first contract for $6.5bn megaproject in January
Arada has revealed plans to award the main contract for Phase 1 of its $6.5 billion (AED24bn) Aljada megaproject in January 2018. The developer said that it would float the main construction tender for Phase [...]
Nakheel to announce projects worth $871m at Cityscape
Nakheel, the Dubai-based master developer, has said that it will announce a range of projects – collectively worth more than $871 million – at Cityscape Global 2017. In a statement, the developer said that it [...]
Oman approves 15 construction tenders worth $15m
Oman’s Tender Board approved construction, infrastructure, and property tenders worth $14.8m (OMR5.7m) during its seventh meeting of 2017. The organisation, led by chairman Dr Rasheed bin Al Safi al-Huraibi, approved 25 tenders, worth $53.4m (OMR20.6m), [...]
Blueprint unveiled for $1.5bn Dubai Food Park
Sheikh Mohammed bin Rashid Al Maktoum – Vice President and Prime Minister of the UAE and Ruler of Dubai – has unveiled the blueprint for Dubai Food Park (DFP), the latest addition to Dubai Wholesale [...]