Bentley announces suite of technologies at YII 2018

Bentley announces suite of technologies …

Monday, 15 October 2018 14:42

2018 has been a year of partnerships for Bentley Systems

Nokian Tyres adds new size to the Nokian Armor Gard 2 tyre

Nokian Tyres adds new size to the Nokian…

Monday, 15 October 2018 13:00

Nokian Armor Gard 2 can be fitted to a wider variety of excavators, thanks to its new 11.00-20 size

Catalyst to showcase three innovative startups at GITEX 2018

Catalyst to showcase three innovative st…

Monday, 15 October 2018 10:00

Catalyst, MENA region’s first sustainability-focused accelerator, is showcasing three innovative startups at GITEX 2018, 14-18 October 2018

World’s first nuclear language proficiency standards established in the UAE

World’s first nuclear language proficien…

Monday, 15 October 2018 05:30

Nawah Energy Company (Nawah), the operator of the Barakah nuclear energy plant in the Al Dhafra region of Abu Dhabi, has become the first company in the world to develop...

Construction starts at DP World US$442mn Berbera port in Somaliland

Construction starts at DP World US$442mn…

Sunday, 14 October 2018 10:00

H.E. president of the Republic of Somaliland, Muse Bihi Abdi and DP World group chairman and CEO Sultan Ahmed bin Sulayem has launched the first phase of construction work at...

Masdar signs region’s first green revolving credit facility

Masdar signs region’s first green revolv…

Sunday, 14 October 2018 05:30

Masdar, Abu Dhabi renewable energy company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its...

Bee’ah and EVOTEQ launch UAE’s first AI platform for offices of future

Bee’ah and EVOTEQ launch UAE’s first AI …

Thursday, 11 October 2018 09:00

Bee’ah, sustainability solutions provider in the Middle East, and Evoteq, its technology partner, have announced the launch of the UAE’s first advanced artificial intelligence (AI) platform for offices of the...

IIS attacks spiked to 1.7mn from 2,000 in a quarter: eSentire report

IIS attacks spiked to 1.7mn from 2,000 i…

Thursday, 11 October 2018 05:30

Internet Information Services (IIS) attacks showed a 782 times increase, from 2,000 to 1.7mn, since the last quarter, according to a new threat report from eSentire, a pure-play Managed Detection...

L&T wins orders valued at US$252mn in Kuwait

L&T wins orders valued at US$252mn i…

Wednesday, 10 October 2018 09:00

Larsen & Toubro (L&T) Construction, Power Transmission and Distribution business has won EPC orders worth US$252mn in Kuwait

GE Power wins turbine contract for Egypt’s first nuclear plant

GE Power wins turbine contract for Egypt…

Wednesday, 10 October 2018 05:30

GE Power will deliver turbine island equipment for El Dabaa nuclear power plant project in Egypt through AAEM, its joint venture with Russian-based power engineering company, Atomenergomash

DuPont helps Saudi Arabia’s SWCC transform operations to meet water objectives

DuPont helps Saudi Arabia’s SWCC transfo…

Tuesday, 09 October 2018 12:15

Saudi Arabia’s Saline Water Conversion Corporation (SWCC) has achieved significant desalination goals with DuPont Sustainable Solutions (DSS) following a partnership in 2016 to help SWCC find ways to optimise operations...

SirajPower to install solar plants for Apparel Group in Dubai

SirajPower to install solar plants for A…

Tuesday, 09 October 2018 11:11

SirajPower, providing comprehensive turnkey solutions around solar rooftops in the UAE, continues its growth in Dubai with the signature of a new leasing agreement for a solar system with Apparel...

DEWA awards contracts worth US$25mn for 990 transformers

DEWA awards contracts worth US$25mn for …

Tuesday, 09 October 2018 10:30

Dubai Electricity and Water Authority (DEWA) has awarded contracts to design, manufacture, test and supply 11/0.4kV, 1,500kVA and 1,000kVA cast resin distribution transformers with LV smart meters to various international...

Nuix partner programme to expedite expansion plan in EMEA

Nuix partner programme to expedite expan…

Tuesday, 09 October 2018 07:00

Cybersecurity, risk, and compliance software company Nuix has announced the launch of a new partner programme in line with the company’s goals for expansion into the EMEA markets

Saudi Arabia invests US$133.3bn in industrial and service projects

Saudi Arabia invests US$133.3bn in indus…

Tuesday, 09 October 2018 05:30

Saudi Arabia has invested US$133.3bn in industrial, service and logistics projects and contracts in its efforts to cut dependence on oil and in diversifying the national economy

Bioenergy leads the growth of all renewables to 2023: IEA forecast

Bioenergy leads the growth of all renewa…

Monday, 08 October 2018 11:01

Modern bioenergy will have the biggest growth in renewable resources between 2018 and 2023, underscoring its critical role in building a robust renewable portfolio and ensuring a more secure and...

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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