Caterpillar launch new 980L medium wheel loader for the Middle East and beyond

Caterpillar launch new 980L medium wheel…

Monday, 23 January 2017 10:17

The new 980L medium wheel loader is to feature greater operator comfort, more power, greater fuel efficiency, drive-train refinement and safety enhancement over its predecessor, the 980H  On 20 January 2017,...

MESIA release winners of the 2017 Solar Awards

MESIA release winners of the 2017 Solar …

Sunday, 22 January 2017 07:18

In partnership with the World Future Energy Summit 2017, the Middle East Solar Industry Association (MESIA) unveiled the winners of the 2017 Middle East Solar Awards on 18 January  

Safe lockout for large gate valves

Safe lockout for large gate valves

Thursday, 19 January 2017 07:59

Safely lock out gate valves with diameters up to 18 inch (457 mm) with the Brady’s new Collapsible Gate Valve Lockout. Easily store or carry the device thanks to its...

Mercedes-Benz launch special edition Actros to celebrate 20th anniversary

Mercedes-Benz launch special edition Act…

Thursday, 19 January 2017 07:40

Mercedes-Benz Trucks MENA have launched a special edition truck to celebrate its flagship model, Actros, and its 20th anniversary 

Kuwait to spend US$15.6bn on infrastructure in FY2017-18

Kuwait to spend US$15.6bn on infrastruct…

Thursday, 19 January 2017 07:27

Kuwait is set to spend around US$15.6bn (KD4.74bn) on infrastructure and other projects in fiancial year 2017-2018 with the private sector contributing 16.9 per cent of the investment

Outokumpu win stainless steel order for bridge project in Kuwait

Outokumpu win stainless steel order for …

Thursday, 19 January 2017 07:27

Outokumpa Long Products have won a contract to provide 1,600 metric tonnes of stainless steel rebar for the Sheikh Jaber al-Ahmad Al-Sabah highway bridge project in Kuwait

SABIC return to World Economic Forum with ICEhouse

SABIC return to World Economic Forum wit…

Thursday, 19 January 2017 07:21

Innovative SABIC composite materials that have opened up a vast new array of possibilities for designers in diverse industries are taking centre stage at the World Economic Forum as part...

Promoting low carbon development at WFES 2017

Promoting low carbon development at WFES…

Wednesday, 18 January 2017 14:25

Dubai Carbon, a locally developed think tank for environmental economics, is playing a key role in promoting sustainable development in Dubai and the wider region

Renovating older buildings can save up to 50 per cent of energy costs

Renovating older buildings can save up t…

Wednesday, 18 January 2017 07:31

Government initiatives to make older buildings more energy efficient could achieve dramatic reductions in the UAE’s electricity consumption, one of the speakers at the World Future Energy Summit (WFES) Energy...

Volvo CE headquarters to move from Brussels to Gothenburg, Sweden

Volvo CE headquarters to move from Bruss…

Monday, 16 January 2017 10:20

Volvo Construction Equipment (Volvo CE) announced on 12 January that it is moving its global headquarters from Brussels, Belgium to Gothenburg, Sweden

FM EXPO Saudi and Saudi Clean Expo opens

FM EXPO Saudi and Saudi Clean Expo opens

Monday, 16 January 2017 07:55

HVAC R Saudi Expo also opens alongside the events that is taking place 15 - 17 January 2017 at the Jeddah Centre for Forums and Events 

FM EXPO Saudi and Saudi Clean Expo to debut in January 2017

FM EXPO Saudi and Saudi Clean Expo to de…

Thursday, 12 January 2017 07:27

The Jeddah Centre for Forums and Events is to host the FM EXPO Saudi 2017 and Saudi Clean Expo between 15-17 January 2017

Volvo to push boundaries at CONEXPO/CON-AGG 2017

Volvo to push boundaries at CONEXPO/CON-…

Wednesday, 11 January 2017 08:15

From industry-first size classes to technology advancements in machine interfaces and customer support capabilities, it will be clear to visitors why Volvo chose ‘push boundaries’ as its theme for CONEXPO/CON-AGG...

Clean tech competition returns to International Water Summit 2017

Clean tech competition returns to Intern…

Tuesday, 10 January 2017 04:50

The International Water Summit’s (IWS) exciting competition to find the best clean tech solutions for water sustainability returns as 10 contestants bid for market recognition during Innovate@IWS

Imdaad declares 2016 profits

Imdaad declares 2016 profits

Monday, 09 January 2017 08:02

Imdaad, the GCC’s leading integrated facilities (FM) company based in Dubai, has expressed its optimism for the year 2017, registering a revenue of US$136.1mn in 2016, which is an increase...

Volvo EC140D, available for EMEA, boosts profitability on-site

Volvo EC140D, available for EMEA, boosts…

Friday, 06 January 2017 13:46

The new Volvo EC140D excavator is available with a Tier 2-compliant engine in Europe, Middle East and Africa (EMEA) markets (excluding Turkey)

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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