Iraq to form joint venture for the Grand Faw port project

Iraq to form joint venture for the Grand…

Wednesday, 20 June 2018 06:57

Iraq will be building a US$1.3bn venture to manage the execution of the Grand Faw port project

ACWA-led consortium selected as preferred bidder for UAE’s desalination plant

ACWA-led consortium selected as preferre…

Wednesday, 20 June 2018 06:35

UAE-based Federal Electricity and Water Authority (FEWA) has selected ACWA Power-led consortium as the preferred bidder to develop a desalination plant in Umm Al Quwain

RTA delegation in Italy to test telecommunication systems of Route 2020

RTA delegation in Italy to test telecomm…

Wednesday, 20 June 2018 05:59

A delegation from Road Transport Authority’s (RTA) Rail Agency in Dubai recently visited the Thales Factory in Italy to attend factory tests of the broadband radio wireless telecommunication systems of...

NFT Specialized in Tower Cranes installs 13 cranes for Reem Mall in Abu Dhabi

NFT Specialized in Tower Cranes installs…

Tuesday, 19 June 2018 11:35

NFT Specialized in Tower Cranes has been awarded the main contract to supply 14 Potain tower cranes for the Reem Mall megaproject in Najmat Abu Dhabi

Kuwait Health, Safety & Security Forum to promote critical health and safety issues

Kuwait Health, Safety & Security For…

Tuesday, 19 June 2018 06:55

Kuwait Health, Safety & Security Forum is set to convene health and safety leaders from around the globe from 24-25 September 2018

Doosan Bobcat opens backhoe loader plant in India

Doosan Bobcat opens backhoe loader plant…

Tuesday, 19 June 2018 04:28

Doosan Bobcat has opened its new backhoe loader plant in India, thus marking its entrance into one of the world’s three largest markets for the compact construction equipment industry

FILA Surface Care launches FILAMARBLE AID

FILA Surface Care launches FILAMARBLE AI…

Sunday, 17 June 2018 06:31

FILA Surface Care Solutions said its branch in the Middle East has launched FILAMARBLE AID for cleaning marble and natural stone surfaces

Mubadala to launch US$400mn European tech fund

Mubadala to launch US$400mn European tec…

Saturday, 16 June 2018 06:35

UAE-based Mubadala Investment Company has announced plans to create a US$400mn fund to invest in leading European technology companies

Deerns signs major consultancy contract for Kuwait International Airport

Deerns signs major consultancy contract …

Thursday, 14 June 2018 10:38

Deerns Group and its local partner Al-Nabhan Engineering Consultancy have signed a major consultancy agreement with Kuwait’s Directorate General of Civil Aviation for the provision of management and supervision services...

Saudia Cargo to construct new cargo handling facility at Jeddah’s KAIA

Saudia Cargo to construct new cargo hand…

Thursday, 14 June 2018 08:12

Saudia Cargo has recently signed agreements with three major companies to construct a new cargo handling facility at King Abdulaziz International Airport (KAIA)

The UAE maintains positive economic growth

The UAE maintains positive economic grow…

Thursday, 14 June 2018 04:47

The UAE’s minister of economy said that preliminary estimates issued by the Federal Competitiveness and Statistics Authority (FCSA) indicate growth in the economic performance of the country in general; which...

Thuraya and IEC Telecom displays new VSAT service at Posidonia 2018

Thuraya and IEC Telecom displays new VSA…

Wednesday, 13 June 2018 06:58

Thuraya Telecommunications Company and IEC Telecom have jointly showcased Thuraya’s maritime product portfolio and provided a preview of the latest Thuraya maritime VSAT service at Posidonia 2018, held in Greece...

MENA shows robust performance in energy sector amid geopolitical risks

MENA shows robust performance in energy …

Wednesday, 13 June 2018 06:51

In line with the initiatives to boost energy economy across the Middle East, the UAE and Kuwait have announced ambitious capacity targets for 2022 to invest more than US$220bn to...

ADFD grants US$10.89mn for rural electrification project in Uganda

ADFD grants US$10.89mn for rural electri…

Wednesday, 13 June 2018 06:11

Abu Dhabi Fund for Development (ADFD) has approved a US$10.89mn concessionary loan to develop a 33kV rural electrification project at Kalongo in Uganda

Volvo Penta will switch to electric power by 2021

Volvo Penta will switch to electric powe…

Wednesday, 13 June 2018 04:30

With the aim of becoming a driving force in sustainable power solutions, Volvo Penta is going full charge into hybrid and all-electric drivelines, offering solutions in both its marine and...

Dubai FDI named UAE's top investment promotion agency

Dubai FDI named UAE's top investment pro…

Tuesday, 12 June 2018 06:37

Dubai FDI has won the first-ever ‘Top Investment Promotion Agencies Africa & Middle East – Regional’

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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