Kanoo Machinery continues to ensure highest level of support for Perkins Engines

Kanoo Machinery continues to ensure high…

Monday, 24 April 2017 07:52

Power Systems Gulf LLC (PSG), member of the Kanoo Group and authorised Perkins distributor for the GCC, is responsible for the group’s business in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia,...

Kaeser Kompressoren to demonstrate its innovations at Hannover Messe

Kaeser Kompressoren to demonstrate its i…

Monday, 24 April 2017 07:19

Compressed air specialist Kaeser Kompressoren presents a comprehensive showcase of innovative products and services at Hannover Messe in Hall 27, Stand E 18

Technical Review Middle East weekly digest - 17th - 21st April

Technical Review Middle East weekly dige…

Monday, 24 April 2017 04:00

Here is a brief overview of the week's new on Technical Review Middle East, from 17 - 21 April 2017

Jeremias fire rated systems

Jeremias fire rated systems

Friday, 21 April 2017 07:40

Fire protection of a shaft must not be diminished where the shaft is penetrated. If there is any penetration of shaft, fire stopping must be carried by approved and recognised...

Solar energy gets a 400 MW boost in Egypt

Solar energy gets a 400 MW boost in Egyp…

Thursday, 20 April 2017 07:29

A new purchase power agreement will deliver 400 MW of electricity to Egypt, replacing about 350,000 tons of carbon emissions

Siemens expands Kuwaiti open cycle power plant with steam turbine

Siemens expands Kuwaiti open cycle power…

Wednesday, 19 April 2017 07:23

Siemens has received an order to deliver an industrial steam turbine package to expand the Az Zour South 3 open cycle gas turbine power plant to a combined cycle power...

UAE envoy visits Barakah nuclear energy plant

UAE envoy visits Barakah nuclear energy …

Tuesday, 18 April 2017 08:05

An envoy of 117 UAE’s overseas diplomats visited the Barakah nuclear energy plant and took a tour of the project

Siemens to set up logistics headquarters in Dubai

Siemens to set up logistics headquarters…

Monday, 17 April 2017 02:05

Siemens has announced plans to set up its global logistics headquarters including its portfolio for airports, cargo infrastructure and ports in Dubai

Faymonville group has acquired Industrie Cometto S.p.A

Faymonville group has acquired Industrie…

Sunday, 16 April 2017 07:45

Faymonville, the manufacturer of semi-trailers for the special haulage industry reached an agreement last month to acquire a 100 per cent of the shares of the in Industrie Cometto S.p.A

IVECO partners with FAMCO to provide tailor-made solutions in Egypt

IVECO partners with FAMCO to provide tai…

Thursday, 13 April 2017 05:23

IVECO has partnered with Al-Futtaim Misr for Car Trading (FAMCO) for the on- and off-road vehicle dealership network in Egypt

L&T Construction wins US$817mn order from Qatar’s Kahramaa

L&T Construction wins US$817mn order…

Monday, 10 April 2017 07:50

The power transmission and distribution business of Larsen & Toubro (L&T) Construction has won its single largest order in the Middle East from Kahramaa (Qatar General Electricity & Water Corporation)...

Volvo CE cleaning up Lebanese town with KCC

Volvo CE cleaning up Lebanese town with …

Monday, 10 April 2017 05:40

A fleet of Volvo CE machines is helping remove an existing waste dump and construct a new sanitary landfill in a coastal town of Lebanon

Siemens helps boost Oman power plants

Siemens helps boost Oman power plants

Sunday, 09 April 2017 11:47

Siemens has completed an overhaul project for two SGT5-4000F gas turbines at Sohar 2 and Barka 3 combined cycle power plants in Oman

UAE Ministry awards contract for landfill rehabilitation project in Umm Al Quwain

UAE Ministry awards contract for landfil…

Sunday, 09 April 2017 11:26

The UAE Ministry of Climate Change and Environment has signed a contract with Ceres Associates, an integrated environmental and waste management company, to execute the first phase of the project...

Gulf Haulage Heavy Lift Co. builds Saudi Arabia’s first wind power plant with Scheurle

Gulf Haulage Heavy Lift Co. builds Saudi…

Sunday, 09 April 2017 07:57

Gulf Haulage Heavy Lift Co. transported Saudi Arabia’s first wind power plant on 36 Scheurle SPMT axle lines and is milestone for renewable energies in the oil-rich kingdom

Volvo Penta launches new website

Volvo Penta launches new website

Sunday, 09 April 2017 05:46

Volvo Penta has launched a new website to improve users’ online experience, thus making it easier for customers to engage digitally with the company and explore its wide range of...

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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