Oil and Gas Construction Remains Strong in the UAE with $146 Billion Active Projects

Jun 19, 2019 11:08:45 AM

The United Arab Emirates, a key member of the Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF), has been significant to oil & gas markets internationally.

Topics: General- Industry Reports- Opinion- construction

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Kuwait Q2 Market Analysis

Jun 5, 2019 11:00:00 AM

Under the 2035 Kuwait strategic plan, the development of five islands namely Boubyan, Warbah, Failaka, Maskan and Oaha with an investment value of $160 billion is expected to double up tourist and recreational areas, in turn requiring investments in commercial, residential and hospitality complexes as well as infrastructure. 

Topics: General- Industry Reports- construction

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UAE Q1 Market Analysis

Apr 4, 2019 11:45:47 AM

The UAE construction market has reached the value of $1.01 trillion. Within the total value, 42% of projects are currently under construction ($420.1bn) while 28% are on hold ($284.7bn), and rest of the 30% of projects are in the in-planning to design and tender stage (72.6bn).

Topics: General- Industry Reports- construction

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Top construction projects in the most active cities in UAE

Mar 29, 2019 11:00:00 AM

The UAE is the second most active construction market in the GCC. In October 2018, the UAE Cabinet had approved the biggest-ever federal budget for a single year with $16.3 billion in 2019, with a clear focus on community development, education and healthcare, which can be expected to have a positive influence on urban buildings construction in the months to come. Here are the top 3 projects in the most active cities: 

Topics: General- Industry Reports- construction

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Saudi Arabia Q1 Market Analysis

Mar 20, 2019 4:06:29 PM

 

Construction projects worth $1120 Billion in Saudi Arabia are at various stages of development, with developers such as state-owned Saudi Aramco and contractors like Saudi Bin Ladin Group work on major projects under the kingdom's Vision 2030.

Topics: General- Industry Reports- construction

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The Impact of Vision 2030 on Saudi Arabia’s Construction Sector

Mar 5, 2018 9:00:00 AM

More than a year and a half after Saudi Arabia unveiled economic reforms under Vision 2030, the Kingdom appears to be making considerable headway in planning and launching key projects that will ultimately give a much-needed boost to its construction sector.

Topics: Industry Reports- Opinion

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5 Tips to Getting Selected Quicker by Contractors

Jul 26, 2015 2:23:27 PM

Stop sending company profiles!

A general contractor can be working on projects from $2mln to $100mln+ in value. No matter the size of project, the contractor will need to select from thousands of bidding companies to eventually hire several subcontractors and even suppliers. Whilst the majority of time, price is a large deciding factor, there are other variables that may decide if you are successful in winning future bids.

Results from the ProTenders Survey question: "What are your pain points when trying to generate new leads"

Technology means that contractors are able to compare incoming bids quicker and more efficiently than before. When faced with the question, why should you be paid more than your competitors, you need to be able to point to something specific.

Topics: Business Development- General- Industry Reports

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Q1 2015 Dubai Real Estate Transactions

May 10, 2015 11:46:29 PM

Figures released by the Dubai Economic Department for Q1 2015 Dubai real estate transactions:

Topics: Industry Reports

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2015 ProTenders Construction Survey Results

Apr 20, 2015 2:23:23 PM

ProTenders: 2015 Global Construction Survey Report Released

Research shows new technology an important factor for the construction industry to remain competitive

Dubai, U.A.E – 20th April 2015- ProTenders.com, the secure, paper-free online bidding platform for the construction industry, today released their 2015 annual global construction survey.

The report provides insights into the construction sectors pain points, including ways in which firms explores new business, enters a tendering and bidding process and identifies the right construction partner. More than 500 regional and international construction businesses were surveyed.

According to Karim Helal, Co-Founder and CEO of ProTenders.com, “The 2015 Global Construction survey highlights the critical role technology plays in the growth and stability of businesses operating in today’s competitive marketplace. The Middle East construction industry is growing at a fast pace and the adoption of new technology stands out as an important factor for businesses to remain competitive.’’

Topics: Announcements- General- Industry Reports- Media Coverage

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