Waste management - the next-generation driver for realising a green economy

Waste management - the next-generation d…

Wednesday, 18 October 2017 08:38

  The UAE has identified waste management as one with enormous potential to create employment and generate entrepreneurial opportunities

SDLG launches new backhoe loader in Middle East and Africa

SDLG launches new backhoe loader in Midd…

Tuesday, 17 October 2017 10:35

  SDLG has launched a new backhoe loader for the Middle East and African markets - SDLG B877F 

Solar technology key to achieve UAE’s 2050 Energy Strategy

Solar technology key to achieve UAE’s 20…

Monday, 16 October 2017 07:28

In a persistent effort to achieve the goals of the 2050 Energy Strategy, the UAE Ministry of Energy is encouraging the public and private sectors to develop innovative IPP arrangements...

ME RoTIC highlights ground-breaking technologies for rotating machinery equipment

ME RoTIC highlights ground-breaking tech…

Sunday, 15 October 2017 05:30

The Middle East Rotating Machinery Technology and Innovation Conference & Showcase (ME RoTIC), which runs from 10-12 October at Sofitel, The Palm Resort and Spa, Dubai highlighted some of the...

Technical Review Middle East weekly digest - 8th - 12th October

Technical Review Middle East weekly dige…

Sunday, 15 October 2017 04:00

Here is a brief overview of the week’s news on Technical Review Middle East, from 8th - 12th October 2017  

Cat set to launch three next generation excavators in MEA

Cat set to launch three next generation …

Friday, 13 October 2017 19:20

Three Next Generation 20-tonne size class excavators from Caterpillar — the 320 GC, 320 and 323 — are due to be rolled out across Middle East and Africa in Q2...

Saudi Arabia’s FM market to reach US$49.82bn by 2030

Saudi Arabia’s FM market to reach US$49.…

Thursday, 12 October 2017 06:04

The value of Saudi Arabia’s flourishing facilities management (FM) market is expected to reach US$49.82bn by the end of 2030, the Middle East Facility Management Association (MEFMA) has predicted

Bobcat launches improved T870 compact tracked loader

Bobcat launches improved T870 compact tr…

Thursday, 12 October 2017 05:55

Bobcat has launched a new version of the company’s top-of-the-range T870 compact tracked loader featuring a new torsion suspension undercarriage, replacing the previous T870 model with a roller suspension system,...

ARABAL 2017 to put Middle East’s aluminium industry in spotlight

ARABAL 2017 to put Middle East’s alumini…

Wednesday, 11 October 2017 06:32

Arab International Aluminium Conference (ARABAL) is set to take place in Muscat from 7-9 November 2017 and comprise of a two-day conference and exhibition featuring over 60 international experts under...

EcoSys 8 offers industry-first for full life cycle projects performance

EcoSys 8 offers industry-first for full …

Wednesday, 11 October 2017 04:02

Hexagon PPM, provider of asset lifecycle solutions for design, construction, and operation of industrial facilities, announces the release of EcoSys 8, the first software platform to offer an integrated solution...

GlassPoint's solar project in Oman presents new cost-saving results

GlassPoint's solar project in Oman prese…

Tuesday, 10 October 2017 06:19

Technical paper co-authored with Petroleum Development Oman presented at SolarPACES details 55 per cent cost reductions compared to pilot

EY launches new cloud-based platform to enhance performance of supply chain and manufacturing

EY launches new cloud-based platform to …

Tuesday, 10 October 2017 05:20

EY MENA has announced the rollout of EY Catalyst, a leading operational excellence cloud-based platform that can help clients significantly enhance their performance improvement programs in supply chain and manufacturing

Siemens shunt reactors support power infrastructure development in Oman

Siemens shunt reactors support power inf…

Tuesday, 10 October 2017 04:22

L&T in Oman has selected Siemens to supply four shunt reactors to the Oman Electricity Transmission Company (SAOC)

Masdar and ADFD sign cooperation deal to support renewable energy projects in Caribbean region

Masdar and ADFD sign cooperation deal to…

Monday, 09 October 2017 06:36

Abu Dhabi Fund for Development (ADFD) has signed an agreement with Abu Dhabi’s renewable energy company, Masdar, to finalise financing and to bolster collaboration in implementing projects within the framework...

‘Rental mining equipment demand on the rise’

‘Rental mining equipment demand on the r…

Monday, 09 October 2017 05:06

Rise in demand for precious metals as well as coal has generated a huge demand for rental mining equipment globally

Atkins to develop PPP sanitation infrastructure upgrade in Saudi Arabia

Atkins to develop PPP sanitation infrast…

Sunday, 08 October 2017 04:43

Atkins, a member of the SNC-Lavalin group, has won an advisory services contract from state-owned National Water Company (NWC) as part of a consortium to provide sustainable sanitation services in...

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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