MAN Diesel & Turbo expands UAE office to meet growing regional demands

MAN Diesel & Turbo expands UAE offic…

Thursday, 17 August 2017 10:11

MAN Diesel & Turbo has announced an expansion of its Dubai office to meet the needs of its regional businesses partners and governments

Saudi Arabia to launch second local currency sukuk programme

Saudi Arabia to launch second local curr…

Thursday, 17 August 2017 05:46

Saudi Arabia plans to launch its second local currency sukuk issuance next week, beginning 20 August

Trina's PV modules operational in the sustainable city in Dubai

Trina's PV modules operational in the su…

Thursday, 17 August 2017 05:12

Solar installation of 10MW set to power several facilities, including residential villas and leisure complexes 

Dubai and Abu Dhabi to build potable water interconnection network

Dubai and Abu Dhabi to build potable wat…

Wednesday, 16 August 2017 06:18

Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Water and Electricity Authority (ADWEA) have signed an MoU agreement to build a strategic water connection network between Dubai and Abu...

Deal for largest solar storage project signed in Jordan

Deal for largest solar storage project s…

Wednesday, 16 August 2017 05:55

Jordanian PV manufacturer Irbid District Electricity Company and EPC Philadelphia Solar are developing a 11MW generation site, which will be paired with a 12MWh lithium-ion battery, which will perform peak...

Energy Recovery wins US$2.5mn for desalination projects in Saudi Arabia

Energy Recovery wins US$2.5mn for desali…

Tuesday, 15 August 2017 06:11

Energy Recovery, provider of pressure energy technology for industrial fluid flows, has been awarded US$2.5mn to supply its PX Pressure Exchanger technology for desalination projects in Saudi Arabia

DEWA completes 70 per cent of M-Station expansion

DEWA completes 70 per cent of M-Station …

Tuesday, 15 August 2017 04:59

Dubai Electricity and Water Authority (DEWA) has announced that CEO Saeed Mohammed Al Tayer recently reviewed the progress of the M-Station expansion project, the newest and largest electricity generation and...

Bahrain’s non-oil growth hikes to 4.4 per cent in Q1 2017

Bahrain’s non-oil growth hikes to 4.4 pe…

Monday, 14 August 2017 06:18

Growth in the non-oil sector of Bahrain’s economy reached 4.4 per cent in Q1 2017, up from 3.7 per cent during 2016, according to Bahrain Economic Quarterly published by the...

Jebel Ali Free Zone trade hits US$80.2bn in 2016

Jebel Ali Free Zone trade hits US$80.2bn…

Monday, 14 August 2017 05:35

DP World has announced the growing of Dubai-based Jebel Ali Free Zone’s (Jafza) non-oil foreign trade by 17 per cent from 23.9mn to 27.9mn tonnes in 2016, worth US$80.2bn

Siemens to build two new substations in Egypt’s Delta region

Siemens to build two new substations in …

Sunday, 13 August 2017 08:04

In a new move aimed at improving the resilience of Egypt’s power grid, the Egyptian Electricity Transmission Company (EETC) has awarded Siemens a contract for the construction of two substations

Expo 2020 Dubai: SMEs win more than 50 per cent of 2017 contracts

Expo 2020 Dubai: SMEs win more than 50 p…

Sunday, 13 August 2017 06:37

The latest Expo 2020 Dubai report, prepared by The Big 5 Dubai, reveals that more than 15,000 businesses have registered their interest on Expo 2020 Dubai’s online procurement portal and...

Fluor’s phosphate project in Saudi Arabia begins production

Fluor’s phosphate project in Saudi Arabi…

Sunday, 13 August 2017 04:59

Fluor Corporation announced that it is providing programme management services for Ma’aden Waad Al-Shamal Phosphate Company’s (MWSPC) Umm Wual phosphate project in Saudi Arabia for the production of ammonia, merchant-grade...

Technical Review Middle East weekly digest - 6th August - 10th August

Technical Review Middle East weekly dige…

Thursday, 10 August 2017 16:25

Here is a brief overview of the week’s news on Technical Review Middle East, from 6th August - 10th August

Chicago Pneumatic provides continuous energy supply for new residential development in Dubai

Chicago Pneumatic provides continuous en…

Thursday, 10 August 2017 09:31

Fourteen stationary generators from Chicago Pneumatic are providing the essential power required for the construction of a luxury residential development besides the Dubai Water Canal

Transformers of the public realm

Transformers of the public realm

Thursday, 10 August 2017 06:26

Expert Talks: Robert Shakespeare, Group Design Director at Cracknell

Saudi Arabia halts commercial and working visit visas for UAE Muslim residents during Hajj

Saudi Arabia halts commercial and workin…

Thursday, 10 August 2017 05:45

Effective 7 August 2017, Muslim residents in the UAE are unable to apply for commercial and working visit visas for Saudi Arabia as consular processing is suspended during the busy...

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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