The Arabian Construction Company (ACC) has been awarded a US $93.7 million contract awarded by Abu Dhabi’s Emirates Tourism Investment Company to build the Rotana Hotel Tower in Abdali, Amman, in Jordan. Set for completion in 2013, the tower will be the tallest building in Jordan at a height of 188m, according to a statement released by the … [Read more...]
Abu Dhabi prepares for new building codes
The Abu Dhabi Department of Municipal Affairs has embarked on the second phase of its largest-ever training programme to prepare the consruction industry for new building code regulations due to be launched at the beginning of 2011. The workshops started last month and will run until mid- November in Abu Dhabi and Al Ain. Eight experts from the International … [Read more...]
KSA to invest billions in ?smart buildings?
Saudi Arabia is expected to spend SAR 150 billion (US $4 billion) on the construction of “smart buildings” over the next eight years, according to a report released ahead of the Saudi Build 2010 construction event. Studies have revealed that cooling, heating and lighting techniques used in smart buildings can help save 30% on energy consumption, … [Read more...]
Balfour Beatty?s regional revenue sinks in H1
British giant Balfour Beatty has reported a 10% drop in its Middle Eastern construction revenue in the first half of 2010, in comparison to the same period last year. The company said that the fall in the construction market in Dubai had resulted in the drop, although itpraised the performance of its BK Gulf subsidiary in Abu Dhabi, according to a report by … [Read more...]
Nakheel to restart six projects
Nakheel will resume work on at least six projects by early October as it settles outstanding bills with contractors. The developer, which is owned by Dubai World, is restructuring US $10.5 billion (AED 38.6 billion) owed to banks, contractors and service providers. Contractors last month started to receive paymentsfrom the developer of the Palm Islands, … [Read more...]
Record profit for Leighton despite ?slow period? in Dubai
Australian contractor Leighton Holdings has posted record profits but maintains it is still experiencing difficulties in the Middle East. The company bought a 45% stake in Al Habtoor in 2008 for US $776 but has seen its investment plummet since. According to reports in The Australian, Al Habtoor has been given a December 31 deadline to secure new contracts. … [Read more...]
Thousands of Laing O?Rourke employees face redundancy
One of the UK’s largest construction companies, Laing O’Rourke, has cited a decline in Middle Eastern operations as the reason for cutting its workforce by almost half. Reports in The National say revenues have declined 14% and in response the workforce will be cut from 35,753 to 18,222. The company’s main project in the UAE was the Al … [Read more...]
AECOM acquires Davis Langdon
AECOM Technology Corporation has acquired Davis Langdon in a US $325 million deal. In a statement, Davis Langdon chairman Rob Smith said: “In partnership with AECOM, Davis Langdon will be well-positioned to deliver our front- end cost and project management, and consultancy services as part of a complete end-to-end offer. This will allow us to … [Read more...]
Shaikhani Contracting on Middle East recruitment drive
Pre-empting the resurgence of its Middle East operations, Shaikhani Contracting is looking to recruit engineers, technical and non-technical staff, according to managing director Rizwan Shaikhani. Shaikhani Contracting says the new decade has started well and that opportunities for contractors still exist. The company is now planning to roll out a … [Read more...]
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