Construction

New industrial parks in Abu Dhabi to boost employment

Industrial_parks_Abu_DhabiThree planned industrial parks in Abu Dhabi are expected to provide about 93,000 job opportunities when completed, according to Abu Dhabi's Higher Corp. for Specialized Economic Zones (ZonesCorp).

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Major spending plans in Abu Dhabi approved

abu-dhabiSpending plans for a number major of projects in Abu Dhabi have been approved by the Abu Dhabi Executive Council following a broad review of development plans in the emirate.

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Nakheel plans new project on Palm Jumeirah

Nakheel_PalmNakheel is seeking to raise US$82mn for a new project on the artificial island Palm Jumeirah according to the company's Chairman Ali Rashed Lootah.

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Continued support for MENA construction sector

MENA_contructionThe construction sector in the MENA region will continue to be supported by government spending in Saudi Arabia, Qatar and Abu Dhabi in 2012 as these markets have undertaken massive infrastructure spending plans backed by the governments, according to a new Fitch report.

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Dubai Aviation awards airport contract to Arabtec

Arabtec_ConstructionArabtec Construction, a unit of Arabtec Holding, was awarded a US$153mn contract by Dubai Aviation City Corporation (DACC) for the expansion of Dubai International Airport Terminal 2.

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