SDLG launches new variable horsepower graders in Middle East and Africa

SDLG launches new variable horsepower gr…

Wednesday, 24 May 2017 09:00

Global construction equipment brand Shandong Lingong Construction Machinery Co. Ltd. (SDLG) has launched variable horsepower versions of two of its biggest selling motor graders for Middle East and African markets

EMC delivers 50 Mercedes-Benz trucks readymix firm in UAE

EMC delivers 50 Mercedes-Benz trucks rea…

Wednesday, 24 May 2017 06:08

Emirates Motor Company (EMC) Daimler Commercial Vehicles has delivered 50 Mercedes-Benz Actros trucks to the UAE concrete firm Transgulf Readymix, believed to be one of the largest deals of its...

The Big 5 Construction Egypt to debut in Cairo in 2018

The Big 5 Construction Egypt to debut in…

Tuesday, 23 May 2017 06:46

The Big 5 Construction Egypt is set to be launched in Cairo Exhibition Centre for the first time from 15-17 September 2018, with an aim to assemble international leaders in...

GE signs deals worth US$15bn for projects in Saudi Arabia

GE signs deals worth US$15bn for project…

Monday, 22 May 2017 09:16

GE has taken significant steps in supporting the delivery of Saudi Vision 2030, by announcing in partnership with the kingdom a range of MoUs and projects valued at US$15bn, of...

North Africa’s construction market gains huge impetus with investment worth US$473bn

North Africa’s construction market gains…

Monday, 22 May 2017 06:57

The North African countries are expanding their construction sector with several active high-value projects with approximately US$473bn investment, shows BNC Project Intelligence’s recent market analysis

Imdaad wins US$1.63mn contract from Emirates Post Group

Imdaad wins US$1.63mn contract from Emir…

Monday, 22 May 2017 06:31

Imdaad, a leading integrated facilities management (FM) company based in Dubai, has signed a one-year contract worth US$1.63mn with Emirates Post Group (EPG) and as per the deal, the former...

LED Lighting Industry: Middle East to become one of the fastest growing markets

LED Lighting Industry: Middle East to be…

Sunday, 21 May 2017 07:55

City-wide lighting overhauls expected with huge growth opportunities for companies finds Frost & Sullivan’s Energy and Environment team  

Albwardy Damen wins two shipyard awards in the UAE

Albwardy Damen wins two shipyard awards …

Sunday, 21 May 2017 07:01

Albwardy Damen has received two shipyards awards within a month for excellence

SEWA and SNOC sign gas sales agreement for power generation in Sharjah

SEWA and SNOC sign gas sales agreement f…

Sunday, 21 May 2017 05:40

Sharjah National Oil Corporation (SNOC) and Sharjah Electricity and Water Authority (SEWA) have signed a full gas sales agreement (GSA) to supply natural gas for power generation in the emirate

Technical Review Middle East weekly digest - 14th - 18th May 2017

Technical Review Middle East weekly dige…

Sunday, 21 May 2017 04:00

Here is a brief overview of the week's new on Technical Review Middle East, from 14th - 18th May 2017

GE joins hands with Jomel to set record outage cycle time at KSA plant

GE joins hands with Jomel to set record …

Thursday, 18 May 2017 10:42

GE Power and Jomel (Jubail Operations and Maintenance Company) have achieved a new record in Saudi Arabia for the shortest planned outage cycle time for gas turbine maintenance

SAAC continues to fight counterfeit steel products

SAAC continues to fight counterfeit stee…

Thursday, 18 May 2017 09:49

A study commissioned by the Steel Alliance against Counterfeiting (SAAC) has revealed that more than half the industry – 53 per cent – has reported an incidence of, what is...

Introducing: Diamond Metal Screens Private Limited

Introducing: Diamond Metal Screens Priva…

Thursday, 18 May 2017 07:14

Diamond Metal Screens Private Limited (DMSPL) is one of the largest manufacturers of perforated metal and allied products in Asia  

Cooper Tire set to launch products in Saudi Arabia

Cooper Tire set to launch products in Sa…

Thursday, 18 May 2017 06:37

Cooper Tire Europe has partnered with Arabian Tires, a major player in Saudi Arabian market, to expand the brand’s business to facilitate customer access to its vast range of high...

GCC building contracts to hit an all-time high of US$85.6bn

GCC building contracts to hit an all-tim…

Wednesday, 17 May 2017 06:49

The Big 5 Heavy, Middle East’s largest event for the heavy construction industry, is expected to grab global contracts worth US$85.6bn in 2017, up seven per cent from US$79.5bn in...

Siemens to coordinate industrial automation courses in Kuwait

Siemens to coordinate industrial automat…

Wednesday, 17 May 2017 06:01

Siemens has partnered with the Sabah Al Ahmad Centre for Giftedness and Creativity (SACGC) in Kuwait to provide vocational training courses in industrial automation to the young Kuwaiti professionals. The...

Saudi Arabia construction spend to reach US$420 billion over next three years

big-5-update

The construction industry in Saudi Arabia is expected to spend up to US$420 billion over the next three years. The research conducted by Ventures Middle East for The Big 5 2011, has shown that the country's projected spend will mostly lie in buildings and oil and gas developments.

Andy White, exhibition director of The Big 5 2011, said: "It is no industry secret that Saudi Arabia presents significant opportunities for the construction sector, however, this research highlights the extent of projected spend over the upcoming years as well as the specific areas that these opportunities are most abundant.

"Saudi visitor participation has consistently increased at The Big 5 and the event's position within the market has continued to strengthen. The event's reputation as a platform to source the right products and solutions means that its importance in the current market place has grown."

Within the buildings sector, mixed use and residential developments are consistently at the top of the spending list, accounting for almost US$70 billion and US$50 billion respectively. Petrochemicals and refineries account for the majority of oil and gas budgets, representing over 90 per cent of the spend.

The Big 5 2011 will see Saudi exhibitors, including Saudi Sabic Corporation, TSSC, Emirates Steel, Raihi Steel and Al Jawda Ceramic attend the event in November. With more 2,500 exhibitors spanning 75 countries, and the very latest technologies and innovations from the building and construction sector, there will be unrivalled opportunities to source products and services and network with leading industry experts.

Faisal BinEdan, director of marketing for Rajhi Steel Industries said: "The construction in KSA has expanded rapidly in the last five years with several mega projects, both industrial, economical or even housing. It is also expected that this expansion with continue for the next five years on the existing projects announcements alone.

"The Big 5 is one of the largest exhibitions in the Middle East, where visitors and companies come from all over the world to hunt business opportunities in and outside of the region. We are looking forward to showcasing our brand not only in the Kingdom but also in the region, to increase the marketing of our new expansions for 2012."

White concluded: "It is fantastic to see such figures being projected for the industry in the region and we are anticipating a lot of discussion and debate on the Saudi market during The Big 5 this year. This year's event will see more than 30,000 products on display with access to expertise from 75 countries ranging from heavy construction, concrete, fit-out as well a burgeoning facilities management industry. Many of these products will be showcased individually at the event's brand new product seminars, providing a dedicated area to innovation and forward thinking within the industry."

Middle East Concrete, PMV Live and FM Expo are now operating under The Big 5 portfolio of events and will run alongside The Big 5 in 2011 and beyond. Developed to cater to industry demand they will provide dedicated zones for buyers, which will focus on those products and services most relevant to each industry.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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