Construction

Gulf project spending to soar

INFRASTRUCTURE SPENDING BY Gulf countries is expected to reach US$205 billion by 2013, according to recent estimates by Standard Chartered Bank. Although funding has emerged as a big challenge in the context of the global credit crisis, economists expect governments to support most infrastructure projects, and bond issues will be a major source of funding for many of these projects.

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Used machines cut costs

Used machines cut costs

THE POTENTIAL FOR used machinery in float glass industry is set to rise as the present economic conditions push companies planning expansion to cut costs, says Johan Coenen, General Manager of Glass Market Consultancy (GMC).

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Growth will continue - IEA

GCC countries are expected to earn US$4.7 trillion in oil exports by 2020 going by the Opec targeted floor price of US$50 per barrel, a recent report by Ernst & Young says.'This will be 2.5 times their [GCC countries'] oil earnings over the last 14 years.

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gulfBID ready for business again

gulfBID ready for business again

Construction and Interiors will be featured in separate linked areas at the Bahrain Exhibition Centre in the first week of May – an ideal opportunity to see specifically what’s on offer in four-plus countries of the Northern Gulf

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Insulating a building – a matter of life or death

Insulating a building – a matter of life or death

HIGH TECHNOLOGY INSULATION materials that protect buildings in a fire are being installed in major projects across the Middle East as regulations are introduced to help save lives in the event of a blaze, according to an international industry leader.

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