Red Sea Development project on track to be completed by 2022

Red Sea Development project on track to …

Sunday, 16 December 2018 15:24

The Red Sea Development Company, led by CEO John Pagano, provided an update to King Salman on the ambitious tourism and leisure project

Emirates Steel’s new financing structure to strengthen growth and development

Emirates Steel’s new financing structure…

Sunday, 16 December 2018 05:58

The UAE’s only integrated steel plant Emirates Steel has finalised a significant loan refinancing deal that will enable the company to accelerate deleveraging, increase financial flexibility, simplify its debt structure...

ULO Systems awarded MAX Group nuclear project in Bangladesh

ULO Systems awarded MAX Group nuclear pr…

Thursday, 13 December 2018 09:21

The UAE division of ULO Systems, a wholly-owned private company and a provider of services within the oil and gas and construction industries, has won a major contract in Bangladesh...

Sohail Samdani is SNC-Lavalin’s new mining and metallurgy head in Middle East

Sohail Samdani is SNC-Lavalin’s new mini…

Thursday, 13 December 2018 06:55

SNC-Lavalin has announced the appointment of Sohail Samdani as senior vice-president and general manager for the company’s mining and metallurgy sector in the Middle East

Liebherr mobile construction cranes tackle building retrofit

Liebherr mobile construction cranes tack…

Thursday, 13 December 2018 05:26

Liebherr has used three mobile construction cranes including MK 140, MK 88 and MK 100 have been in an administrative building retrofit in Neckarsulm, Germany

AEC and Honeywell sign MoA for smart city opportunities in Saudi Arabia

AEC and Honeywell sign MoA for smart cit…

Wednesday, 12 December 2018 06:51

Advanced Electronics Company (AEC), a Riyadh-based Saudi economic offset programme company, has signed a memorandum of agreement (MoA) with Honeywell to collaborate on business development activities for smart and connected...

‘Iraq moving towards the green path’

‘Iraq moving towards the green path’

Wednesday, 12 December 2018 06:22

Iraq is seeking to diversify its energy dependency by building large-scale solar, wind and biomass facilities within the next decade, expecting to supply more than 10 per cent of its...

SPARK: Saudi Arabia’s hub for energy development

SPARK: Saudi Arabia’s hub for energy dev…

Wednesday, 12 December 2018 04:54

Mohammed bin Salman bin Abdulaziz, Crown Prince of Saudi Arabia, has inaugurated the 50-sq km King Salman Energy Park (SPARK), located in the kingdom’s Eastern Province

CE-Ventures acquires stake in UAE’s logistics firm Transcorp

CE-Ventures acquires stake in UAE’s logi…

Tuesday, 11 December 2018 06:35

CE-Ventures, the corporate venture capital arm of UAE-headquartered global conglomerate Crescent Enterprises, has invested in Transcorp International, one of the UAE’s leading logistics and last-mile distribution service providers, acquiring a...

Complete, affordable and fully automated traceability labelling solution from Brady

Complete, affordable and fully automated…

Tuesday, 11 December 2018 06:20

Brady Corporation presents a complete and reliable labelling solution for printed circuit boards that can automate traceability and generate smart manufacturing data about SMD production lines at affordable costs

Major COSCO terminal opened in Abu Dhabi

Major COSCO terminal opened in Abu Dhabi

Monday, 10 December 2018 06:03

COSCO SHIPPING Ports and Abu Dhabi Ports have inaugurated CSP Abu Dhabi Terminal at Khalifa Port, aiming to position Abu Dhabi as the regional hub for COSCO’s global network of...

Rick Hancock is Atkins’ new country director in Saudi Arabia

Rick Hancock is Atkins’ new country dire…

Monday, 10 December 2018 04:46

Atkins, the UK-based global design, engineering and project management consultancy and a member of the SNC-Lavalin Group, has announced the appointment of Rick Hancock as country director for design and...

‘Hiring in Middle East’s construction and infrastructure sector to rise’

‘Hiring in Middle East’s construction an…

Sunday, 09 December 2018 06:49

The Middle East construction and infrastructure activities have shown a decline in the Q3 2018, with an increasing additional headcount being highlighted across the region due to future workload expectations,...

RENAC’s green banking programme launched for MENA

RENAC’s green banking programme launched…

Sunday, 09 December 2018 05:06

The Renewables Academy AG (RENAC), an international training provider for green energy technologies, has announced the start of the scholarship application phase for one of the trainings under its 18-month...

Oman needs to prioritise energy transition policies: Survey

Oman needs to prioritise energy transiti…

Sunday, 09 December 2018 04:16

Oman needs to prioritise strategies for reducing national demand for power rather than investing in delivering new energy supplies to meet its soaring call on energy, according to a survey

New mast operator lift for Potain cranes from Manitowoc

New mast operator lift for Potain cranes…

Thursday, 06 December 2018 04:24

Manitowoc, one of the leading global manufacturers of cranes and lifting solutions, has launched an internal mast operator lift for Potaintop-slewing cranes

The Big 5 provides opportunities for business growth in Qatar's booming building sector

big-5-update

The latest figures reveal building construction is the number one area of construction spend across all industries in Qatar in 2011 - having risen from US$10.4bn in 2010 to US$11.8 billion in 2011. Building construction is predicted to remain the main area of strength over the next five years according to research by Ventures on behalf of The Big 5 2011.

Key areas of spend within building construction are commercial and mixed use buildings, with Ventures research revealing that the spend on mixed use buildings will total $35.5bn in the period between 2011 and 2015, accounting for 48 per cent of total building spend during this period.

Mixed used buildings will account for 43 per cent of building spend in Qatar in 2011 while commercial buildings will account for 10 per cent. By 2015 commercial building spend is predicted to remain healthy at nine per cent of total building spend, while mixed use buildings will increase to 62 per cent of overall building spend.

Exhibitors from Qatar will be showcasing their products at The Big 5 to buyers from across the Middle East and further promote the boom in the Qatari construction market.

Qatar National Aluminium Panel Company, who will be exhibiting at The Big 5 2011 pointed out the benefits of participating in The Big 5. Sales and marketing coordinator Nabeel Abdulla said; "We are participating in The Big 5 for the second time as we can market our product widely and introduce Sinco, a product which we are the only manufacturers of in the GCC. Qatar National Aluminium Panel Company's business has had a positive growth from last year and is expected to double compared to the fourth quarter of 2010. The market is looking for better designs for a number of projects lined up for the coming year 2012, this is where we can introduce our product as an Eco-friendly option. It is one of the best designer solutions for architectural needs. A perfect combination; Aluminum sheets with PE / Mineral / Metal Core for specific applications and available in standard as well as customized sizes."

Visitors from Qatar can benefit from the free product focused and educational seminars relevant to areas of growth in the Qatar construction industry. Building focused seminars include 'Energy-Efficient, LEED-Certified Aluminum Enclosures and Retractable Skylights - A Grand Alternative to Traditional Construction' presented by OpenAire and 'Adapting European Safety Regulations for Height Safety Equipment in the Middle East Markets' presented by Fall Protec.

Andy White, event director of The Big 5, said, "Qatar is experiencing significant growth in building construction, and we hope that The Big 5 2011 can consolidate this increase in spending by providing further opportunities for investment in the building sector in Qatar, as well as opening up opportunities for future investments in all areas of industry in Qatar."

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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