Top Construction News

Cement Crisis Doubles Demand For AAC In UAE

Recent cement crisis in the UAE has prompted contractors and developers to opt for new solutions for construction, experts said. Emirates Business 24/7 - 21Aug 06:55GMT
Aden embraces giant investment projects costing $10 billion

Construction work has started in the Firdous Aden Residential and Tourist City project in Aden city's Al-Beraiqa district. The project is considered the largest among investment projects in Aden carried out by Al-Guaizi and Al-Salahi Instruction Companies. Yemen Times - 21Aug 07:55GMT
Depa's H1 profit increases 75%

Depa, the interior contractor listed on the Dubai International Financial Exchange yesterday said its net profit for the first-half of 2008 rose 75 per cent to Dh55.6 million compared to a year earlier. Emirates Business 24/7 - 21Aug 07:04GMT
SR5b compensation for Makkah landowners

Over 1,000 buildings have been demolished as part of a mega-project for the expansion of the Grand Mosque in Saudi Arabia launched in March this year. Adequate compensation has already been paid to the owners of the acquired and demolished houses and buildings. The Saudi Gazette - 21Aug 06:14GMT
Qatar National Convention Center on course

Forty percent of the $660m Qatar National Convention Center is expected to be completed by the end of this year with the final phase ready to go by end-2010. The Peninsula - 21Aug 05:47GMT
DP World Awards Pound 400mn Deal For UK Port

DP World signed a Pounds 400 million contract to build the first phase of a new port at London Gateway, the most technically advanced container port in the world, integrated with Europe's largest logistics park. Press Release - 20Aug 13:53GMT
GAM considering metro project in Amman

The Greater Amman Municipality (GAM) is conducting studies to construct a metro rail, the first phase of which will link downtown Raghadan to University of Jordan (UoJ) Street. Jordan Times - 20Aug 07:32GMT
UAE steel industry set for 235 per cent growth by 2012

The UAE steel industry is expected to grow by more than 200 per cent from the current levels by 2012, according to the latest market research report, UAE Steel Industry Analysis Emirates Business 24/7 - 20Aug 06:52GMT
Amana projects aim for green certification

Amana Contracting & Steel said Tuesday that two of its major industrial projects are aiming for Leed certification in the UAE. Emirates Business 24/7 - 20Aug 05:44GMT
Sharp Drop In Steel Prices In UAE Is 'Temporary'

The sudden steep fall in the price of steel in UAE is a temporary development and will last only until October, say construction experts. Emirates Business 24/7 - 19Aug 06:24GMT

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$14.5bn Gulf MEP Market
The value of the mechanical, electrical and plumbing (MEP) contracting market in the GCC is expected to surge to $14.5 billion in 2008, according to a recent industry survey.

UAE
Forging a New World
Abu Dhabi is pushing its steel industry to meet the insatiable demand across the Middle East.

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Realtors Fight Back
Property players remain bullish about Dubai's real estate market despite reports of overheating and fears of oversupply.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Orascom Construction Industries	Egypt	12,827
2	Lafarge Ciments	Morocco	4,840
3	Holcim Liban	Lebanon	4,686
4	Kuwait Cement Company	Kuwait	2,757
5	Southern Province Cement Company	Saudi Arabia	2,561
» View Full List

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