Serco implements a CAFM System in Al Ain in the UAE

Serco implements a CAFM System in Al Ain…

Wednesday, 13 December 2017 06:01

Khadamat, a Joint Venture between Mubadala and Serco, has developed a computer-aided facility management (CAFM) deployment at the UAE University in Al Ain

WFES 2018 to map transition to sustainable economies

WFES 2018 to map transition to sustainab…

Tuesday, 12 December 2017 06:03

The 11th World Future Energy Summit (WFES), one of the leading global events for advancing renewable energy and clean technology, will be held at the Abu Dhabi National Exhibition Centre...

Expo 2020 drives Dubai's 2018 fiscal budget

Expo 2020 drives Dubai's 2018 fiscal bud…

Tuesday, 12 December 2017 04:02

The Dubai Ruler, Vice-President and Prime Minister of the UAE, HH Shaikh Mohammad Bin Rashid Al Maktoum approved the Government of Dubai’s 2018 General Budget Law No (21) for the...

INTERMAT report flags US$1,886.8bn worth of projects in EMEA in next 30-40 years

INTERMAT report flags US$1,886.8bn worth…

Monday, 11 December 2017 06:02

The UAE and Qatar plan to invest a total of US$281.84bn by 2033, with two most promising sectors being buildings and roads, according to INTERMAT Construction Industry Observatory

Technical Review Middle East weekly digest  - 3rd - 7th December

Technical Review Middle East weekly dige…

Sunday, 10 December 2017 04:26

Here is a brief overview of the week’s news on Technical Review Middle East, from 3rd - 7th December 2017

'Harmonic distortion causes 60 per cent poor power quality globally'

'Harmonic distortion causes 60 per cent …

Sunday, 10 December 2017 03:24

The increasing use of non-linear loads in recent years has been driven by the use of electrical components in almost every industry 

AW Rostamani Shift Car Rental to launch new green fleet in the UAE

AW Rostamani Shift Car Rental to launch …

Friday, 08 December 2017 09:41

A first in the GCC region, AW Rostamani Shift Car Rental will pioneer the leasing and renting of electric cars with the cutting edge Renault Zoe that offers a 300km...

NFT expands Potain fleet in Kuwait

NFT expands Potain fleet in Kuwait

Thursday, 07 December 2017 06:03

Regional tower crane rental and Potain dealer NFT has received contracts for several projects in Kuwait, including the supply of 26 Potain tower cranes for the construction of a new...

Positive market trends continue at IranConMin 2017

Positive market trends continue at IranC…

Wednesday, 06 December 2017 05:16

Around 20,500 visitors attended this year’s IranConMin – a trade fair for mining, construction machinery and construction systems – which took place from 4-7 November in Tehran

The UAE commences renewable energy training programme for Pacific Island countries

The UAE commences renewable energy train…

Tuesday, 05 December 2017 06:35

The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) has launched a two-year renewable energy training programme for Pacific Island countries

Specim's hyperspectral camera analyses material samples

Specim's hyperspectral camera analyses m…

Tuesday, 05 December 2017 04:56

Specim Spectral Imaging Ltd has launched the world’s first mobile hyperspectral camera, Specim IQ, to analyse material samples in industries ranging from food and health to forensic investigation, recycling, art...

SIMEST partners with Ansaldo Energia for international expansion

SIMEST partners with Ansaldo Energia for…

Monday, 04 December 2017 03:11

SIMEST has acquired 11 per cent stake in Ansaldo Energia Switzerland, a wholly- owned subsidiary of Ansaldo Energia, an Italian power engineering company

'Egypt looks to export electricity by 2018'

'Egypt looks to export electricity by 20…

Sunday, 03 December 2017 18:50

The 2017 edition of Electricx, from 3-5 December, has more than 200 exhibitors in attendance at Cairo International Convention Centre, Egypt

Siemens to support Iraq in modernising four power plants

Siemens to support Iraq in modernising f…

Thursday, 30 November 2017 06:36

With an aim to help in enhancing Iraq’s energy supply, Siemens has signed a contract with the country’s Ministry of Electricity

The luxury villa project of Dubai Properties is on track

The luxury villa project of Dubai Proper…

Thursday, 30 November 2017 06:08

Abdul Rahim Architectural Consultants (ARACO), a consultant in design and engineering services in the UAE, has announced the completion of 35 per cent construction in The Villa project

Do you have the oldest functioning SVERKER test set?

Do you have the oldest functioning SVERK…

Wednesday, 29 November 2017 10:05

If you do, then Megger has an exciting opportunity for you

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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