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INFRASTRUCTURAL DEVELOPMENT - INFRASTRUCTURAL DEVELOPMENT

Capital Gate is leaning towards a world record

Posted on 07/12/2009

The next time you are inclined to stand at a jaunty angle and take pictures of an iconic leaning tower, head to Abu Dhabi — not Rome where the Leaning Tower of Pisa, one
of the world's most recognisable building, leans. The tipsy tower, as some call the 185-foot-tall white marble Tower of Pisa, was not supposed to lean. It was an accident. But the world's largest leaning structure under construction in Abu Dhabi is not. The Dh8 billion Capital Gate, a techno-marvel designed by global ...  >>MORE

Abu Dhabi residential city for workers on track

Posted on 10/11/2009

The Abu Dhabi Municipality (ADM) has announced that the infrastructure works of a residential city for workers in Al Mafraq will be completed by next month. The Municipality is building the infrastructure worth Dh651 million and a private company is developing the residential buildings for the workers, a municipality spokesperson said. Rental Once construction of the accommodation for the workers is completed, private companies can rent the space for their workers, the spokesperson said. ...  >>MORE

Dubai looks ahead to 2010 with new airport, host of projects

Posted on 10/11/2009

Dubai has pioneered some of the world's most exciting and extraordinary developments and 2010 will be no exception as the emirate defies the global economic downturn. The travel and tourism industry is expected to directly contribute 5.4 per cent, or Dh47.3 billion, to the UAE's gross domestic product (GDP) in 2009, according to the World Travel and Tourism Council (WTTC). The WTTC has ranked the UAE 21st in terms of absolute market size. Dubai's standing can only improve when the world's ...  >>MORE

Official opening of iconic Burj Dubai announced

Posted on 05/11/2009

The Burj Dubai will be opened on January 4, 2010, coinciding with the accession to power of His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The 160-plus storey structure is considered the world's tallest building. Mohammad Ali Al Abbar, Chairman of Emaar real estate company said the company decided to launch the tower on this date as a gesture of gratitude towards Sheikh Mohammad, who is considered the builder of modern ...  >>MORE

UAE steel prices increase again by up to 14 per cent

Posted on 18/10/2009

Steel prices in the UAE have increased again, by five to 14 per cent, following a marginal drop earlier in the month. According to statistics released by the Statistics Centre Abu Dhabi (Scad), prices of 10-32mm rebar in the UAE and bars imported from Turkey have risen by Dh280 per tonne, going up to Dh2,250 on October 13, compared to the previous week. Prices of flat steel, too, have increased by 5.4 per cent to Dh2,600 per tonne compared to Dh2,466 during the first week of October. As ...  >>MORE

Abu Dhabi's iconic leaning tower reaches final height of 160 metres

Posted on 16/10/2009

Capital Gate, Abu Dhabi's iconic leaning tower, has topped out its central core and reached its final height of 160 metres, marking one of the most significant milestones in its construction. Capital Gate leans an incredible 18 degrees (14 degrees more than the famous leaning tower of Pisa). It is being developed by Abu Dhabi National Exhibitions Company (ADNEC) and has been designed by global architects RMJM. The tower forms the focal point of the Capital Centre development, an AED8 billion ...  >>MORE

UAE steel bar prices down 5.6%

Posted on 12/10/2009

Prices of steel bars in the UAE has dropped by 5.6 per cent, or by Dh117, compared to the last week of September, according to data made available by Statistics Centre Abu Dhabi (Scad). Local prices of 10-32mm steel bars decreased from Dh2,087 per tonne on September 26 to Dh1,970 per tonne. Among the main reasons for the decrease in local prices is lack of demand and a correction in the prices of scrap and billets and prices of Turkish steel bars. Local rebar prices have been on the rise ...  >>MORE

Falconcity of Wonders to be ready by 2017

Posted on 07/10/2009

Falconcity of Wonders will take another seven to eight years to complete, meaning it won't be finished until 2017, according to the project's chief executive. Salem Al Moosa, chairman and chief executive of Falconcity of Wonders told Gulf News that he would revisit the operations once Cityscape has finished. "This year we will be revisiting our operations. Revisiting depends on many parameters and the world financial problem also dictates... we have to look into the phasing of the project and ...  >>MORE

Burj Dubai's exterior is now complete

Posted on 02/10/2009

Exterior cladding for Burj Dubai, the world's tallest building being developed by Emaar Properties PJSC, is now complete. The tower has accomplished a world record for the highest installation of an aluminium and glass facade. The total weight of aluminium used on Burj Dubai is equivalent to that of five A380 aircraft and the total length of stainless steel bull nose fins is 293 times the height of Eiffel Tower in Paris. The last cladding panel numbered 24,348, weighing 750 kg and 1160mm x ...  >>MORE

Work on Dh730m hospital begins

Posted on 24/09/2009

UEMedical has officially broken ground and begun construction on Danat Al Emarat Women & Children's Hospital. The 70,000-square metre project is being built with an investment of Dh730 million, Gulf News has learnt. Located in the Officers City area of Abu Dhabi, the Danat Al Emarat Hospital will become one of the largest and most comprehensive hospitals for women and children in the Middle East. "The hospital will provide critically needed maternity and neo-natal services in Abu Dhabi as ...  >>MORE

Burj Dubai will be crane-free in a 'few weeks'

Posted on 07/09/2009

The last of the cranes atop the Burj Dubai will be taken down in a few weeks, an Emaar Properties spokesperson told Emirates Business. The cranes were originally supposed to come down by end-August. "The dismantling of the cranes will be completed in a few weeks from now as they are currently being utilised for the final phase of glass cladding on the higher levels of Burj Dubai. Additionally, the cranes are being used to facilitate seamless movement of materials for the interior works of the ...  >>MORE

First phase of new Trade Centre Plaza project on track to open this month

Posted on 07/09/2009

The Dubai World Trade Centre (DWTC), which operates the region's largest convention facilities, yesterday said the first stage of its new Trade Centre Plaza scheduled to open this month. The new facility is being built on the existing car parking lot close to Sheikh Zayed Road just a short distance from the new DWTC Metro station. The new plaza will host a mix of cafes and restaurants. "This will provide additional entertainment for over a million DWTC visitors per year and it is ...  >>MORE

UAE projects lead the way in GCC

Posted on 24/08/2009

The UAE is leading the GCC countries in terms of construction activity with the country having 45 per cent of the total amount of projects in the region, a recent study shows. Projects under way in the UAE amount to around US$930 billion (Dh3,1 trillion), said the study done by Kuwait National Bank. Project activity in the GCC region amounts to around US$2.1 trillion. The value of property construction is also four times higher than what had been estimated four years ago and reflects an ...  >>MORE

Construction sector top non-oil performer

Posted on 19/08/2009

An upsurge in domestic building activity at the height of the economic boom boosted the construction sector by 6.7 per cent in 2008 to record the highest growth in the country's non-oil sector, showed official figures yesterday. Real growth in the construction sector was outpaced only by the oil sector but it led an estimated 3.9 per cent growth in non-hydrocarbon sectors last year. The figures by the Ministry of Economy showed the construction sector climbed to a record high of Dh40.1 ...  >>MORE

Private sector dominates UAE projects

Posted on 08/08/2009

The private sector has remained the dominant player in infrastructure and other projects in the UAE, unlike in other oil-producing GCC countries where the government has a bigger share, according to a study by a Kuwaiti bank. Of the total projects planned or underway in the GCC, the public and private sectors both account for roughly the same percentage of projects – around $833 billion (Dh3,057bn) or 39 per cent each, the National Bank of Kuwait (NBK) said. The remaining – 22 per cent – of ...  >>MORE

UAE construction sector still active by global standards, says report

Posted on 29/07/2009

Despite the global slowdown, the UAE continues to be one of the most active construction markets in the world with more than 750 active projects in construction and 450 recently completed, according to a new report* by Dubai-based research house Proleads Global. Although more than 400 projects with a total value in excess of US$300 billion have been placed on hold or cancelled, (the rest either in study, planning, design or bidding), the report forecasts stability returning to the sector this ...  >>MORE

Contractors entering Abu Dhabi increase 50% in H1

Posted on 29/07/2009

The number of contractors and consultants entering Abu Dhabi has increased by 50 per cent during the first six months compared to the same period last year. A report issued by the Directorate of Contractors' Classification and Consultants' Registration at the Department of Economic Development (DED) said the construction sector in Abu Dhabi has witnessed a major development during the first half of 2009. The number of contracting contractors that have been classified and registered by the ...  >>MORE

Final cladding slab to be put on to Burj Dubai within weeks

Posted on 29/07/2009

Construction work on Burj Dubai is almost nearing completion as the final cladding slab is about to be placed within weeks. The tower consists of 24,348 glass, aluminium and steel panels. Arabian Aluminium Company – a member of Al Ghurair Construction Industries, started work on the exterior cladding of Burj Dubai in April 2007 and is now entering the final phase with the manufacture of the six-metre long last panel for the tower. The panel will be transported to the Burj Dubai work site for ...  >>MORE

New DWTC extension on fast track

Posted on 18/07/2009

Dubai World Trade Centre, or DWTC, recently announced that its new, state-of-the-art extension has entered the final phases of completion and is on track to open on schedule. With construction firmly on the fast track, the new space will be open and available for hosting events for the upcoming exhibition season. Upon completion, the new world class Sheikh Saeed Halls will consist of four inter-connected halls including one multi-purpose hall – ‘The Trade Centre Arena.' The Arena, which ...  >>MORE

Aldar set to complete slew of projects

Posted on 14/07/2009

Abu Dhabi-based Aldar Properties, one of the UAE's largest real estate master developers, plans to deliver some major projects this year, according to a senior company executive. "We are going to deliver all of the Phase-I developments on the Yas Island, including hotels, marina and golf course ahead of the Formula One Etihad Grand Prix scheduled for November 1," he told Gulf News. The landmark Aldar head office would be ready by December and Al Bandar, a project comprising luxury ...  >>MORE

Capital Centre contract will be awarded in July

Posted on 14/07/2009

The Abu Dhabi National Exhibitions Company (Adnec), an international venue development and management company, has finished its detailed design on the infrastructure of the Capital Centre project and expects to award tenders this month, according to a senior official. "Tenders have been floated on the infrastructure side of Capital Centre and are expected to be awarded this month," Sanjay Tanna, Business Development Director at Adnec, told Emirates Business. "Work will commence in August," he ...  >>MORE

Prices of building materials retreat by 61.3% during June

Posted on 12/07/2009

Statistics Centre - Abu Dhabi (SCAD) issued yesterday its monthly building materials prices index, for the month of June. The statistical release is coming in line with SCAD active contribution to support the development vision of the emirate of Abu Dhabi, as well reflecting the Centre's keen interest and commitment to produce relevant vital statistics that provide solutions '&' development to help raise '&' elevate awareness within the overall business community and among the public at large ...  >>MORE

Law to regulate buildings in RAK

Posted on 11/07/2009

The building sector in the emirate of Ras Al Khaimah will be better regulated under a new law issued by H.H. Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras al-Khaimah. Provisions of law no 1 of 2009 for regulating buildings in the emirate shall be applicable to all buildings with exception of those come under a special decree or resolution. 'No one shall construct a building or make any additions, expansions or partly or wholly demolish it or make any modifications ...  >>MORE

Aldar Properties incorporates three subsidiaries on island project

Posted on 30/06/2009

Aldar Properties, Abu Dhabi's largest real estate developer by market capitalisation, has incorporated three subsidiary companies on Yas Island to meet legal requirements, a senior company executive said on Monday. "Yas Hotel, Yas Marina and the yacht club have been incorporated following approval from the company's board of directors," Ousama Ghannoum, Aldar's Marketing and Media Director told Gulf News. "These entities relate to existing Aldar assets. It's a normal business practice for ...  >>MORE

Reem Island receives four 500MVA and sixteen 80 MVA transformers

Posted on 01/06/2009

Four 500MVA and sixteen 80 MVA transformers, which form the first phase of the Reem Island AED 550 million Grid Station, have been delivered to the Island as part of a project by Abu Dhabi Transmission and Dispatch Company (TRANSCO) to supply Reem Island with electricity. This signals that work on the primary utility program is powering ahead according to the approved schedule. The four 500 MVA and four 80 MVA transformers have arrived and were installed at the 400/132kV Grid Station in Reem ...  >>MORE

Yas Marina flooding complete

Posted on 01/06/2009

Flooding of the marina at the heart of Yas Marina Circuit, the home of the inaugural Formula 1 Etihad Airways Abu Dhabi Grand Prix on November 1st was completed today. The Yas Marina is the first marina to be constructed as a dry basin and subsequently flooded in Abu Dhabi and is the maiden facility operated by Aldar Marinas LLC, a subsidiary of Aldar Properties PJSC. Aldar Marinas will manage the projects at the heart of Aldar's waterfront developments at Yas Island, Al Raha Beach, Al Gurm ...  >>MORE

Capital Gate reaches 100m height

Posted on 27/05/2009

Abu Dhabi National Exhibitions Company (ADNEC) has announced that it has achieved one of the most significant milestones in the construction of the iconic Capital Gate, adjacent to the Abu Dhabi National Exhibition Centre. A gigantic internal Atrium, including swimming pool and ‘tea lounge' has been suspended on the 17th and 18th floors, the halfway point of the 35 storey, 160 metre high tower. The tower now stands approximately 100m high with the central core at level 22 and the external ...  >>MORE

Plan for 100% ownership of Abu Dhabi properties

Posted on 25/05/2009

Abu Dhabi is considering allowing 100 per cent foreign ownership of some projects in the emirate, the chairman of the Department of Economic Development revealed yesterday. "We feel strongly inclined to grant 100 per cent ownership to foreigners in new and old industries as well as other projects," Nasser Ahmed Al Kuwaiti told Emirates Business. "The percentage might be less in other sectors according to the emirate's needs. Ownership covers projects and not land." But he said no final ...  >>MORE

Burj Dubai could still soar higher

Posted on 25/05/2009

It is possible to raise the spire on Burj Dubai, it has been confirmed by a senior official at Emaar. Market talk has been rife about the possibility of a new height by end-2009, higher than the "reported" 818 metres. "It is possible to jack up the spire from the inside of the building. What we have built has been designed for every situation," said Greg Sang, Project Director at Emaar Properties. Burj Dubai is expected to open by the end of this year, against its original completion date of ...  >>MORE

Aldar begins to market landmark office building

Posted on 24/05/2009

Aldar Properties, one of the largest real estate developers in the Middle East, said yesterday it had started marketing a landmark spherical office building just at the northern entrance of the capital. "HQ, the first spherical office building in the world, is now available for lease. The award-winning building developed by Aldar Properties is designed to meet the demands of regional and international companies for high end office accommodation," Aldar said in a statement. It said HQ would be ...  >>MORE

Aldar headquarters open for inspection

Posted on 20/05/2009

On the roof of the new headquarters of Aldar Properties, the last few panels of glass are being put in place. The Dh1.1 billion (US$299.6m) building will be ready for occupation by the end of the year and brokers are beginning the hunt for tenants. Aldar, the largest developer in Abu Dhabi, will take the top four floors. The remaining 80 per cent is available for rent. In spite of its isolation on the Al Raha Beach development, which is off Abu Dhabi island and in an area still under ...  >>MORE

TDIC announce new Saadiyat Construction Village

Posted on 18/05/2009

Tourism Development and Investment Company (TDIC) yesterday rejected leaks by Human Rights Watch about the conditions of construction workers on the Saadiyat Island project off the coast of Abu Dhabi. Abu Dhabi's leading tourism asset developer stressed that "the 2300 workers who are currently working at infrastructure projects on the island receive their full rights and their living conditions are stable." "What Human Rights Watch mentioned is inaccurate and lacks credibility Leaks from the ...  >>MORE

Q1 sees contracts worth US$10.6bn in UAE

Posted on 17/05/2009

Construction contracts valued at about US$10.60 billion (Dh39bn) were awarded during the first four months of 2009 with Abu Dhabi accounting for almost 58 per cent of the contracts awarded. Dubai accounts for another 33 per cent while the remaining nine per cent is spread across other emirates. For the period from January to April, the total value of contracts for commercial, residential and industrial projects was US$7.6bn, energy projects US$2.35bn and infrastructure US$600m. In 2009, major ...  >>MORE

ICT awards Dh1.6 billion construction contract for Nation Towers project

Posted on 11/05/2009

International Capital Trading LLC (ICT) has awarded a Dh 1.6 billion contract for the construction of the prestigious Nation Towers Mixed use development on Abu Dhabi's Corniche, to a joint venture between National Projects and Construction LLC, and Arabtec Construction LLC. The development includes two buildings comprising a 64-storey residential tower, a 50-storey hotel and office tower and a retail podium. The site, which straddles the Corniche seafront, features an underground tunnel ...  >>MORE

UAE top infrastructure builder in GCC with projects worth US$1.5trn

Posted on 10/05/2009

The UAE is the leading builder of infrastructure development projects in the GCC with almost US$1.5 trillion (Dh5.5trn) worth of projects being planned and under construction. While US$28.5bn worth of projects are currently under construction in the country, another US$76.9bn worth of projects are being planned during the coming decades. According to statistics released by Ventures Middle East, about US$2.43trn worth of infrastructure projects are either being built or are in the pipeline in ...  >>MORE

Dubailand fast-tracks 40 projects worth Dh235 billion

Posted on 07/05/2009

Dubailand, a Dh235 billion cluster of 40 mega projects including 20 theme parks, is talking to international technology partners to provide a single-window access to all the attractions once they are completed, a top official said. The project, launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai in 2003, is aimed at reinforcing Dubai's position as a preferred tourism destination. Dubailand is part of the government's ...  >>MORE

Dubai in the frame of winning design

Posted on 07/05/2009

A rectangular frame topped by a cafe and rooftop viewing terrace 150 metres high was announced on Wednesday as the winner of an architectural award for designing a structure emblematic of Dubai. An international jury selected ‘Dubai Frame', measuring 150 metres by 105 metres, as winner of the first prize in the ThyssenKrupp Elevator Architecture Award 2009. The designer, Fernando Donis, a Mexican who lives in The Netherlands, was awarded US$100,000 (Dh367,000) for a creation he says was ...  >>MORE

Work on Burj Dubai interiors rapidly progresses

Posted on 05/05/2009

Work on the interiors of Burj Dubai, the world's tallest building developed by Emaar Properties, is progressing alongside the tower's exterior cladding. Currently over 800 metres (2,624.7 ft) high, the tower's interiors are an aesthetic confluence of the best of the architectural influences from around the world and the region. Complementing the external architecture of the tower that is inspired by the geometries of the desert flower Hymenocalis and regional patterning systems, the interior ...  >>MORE

Abu Dhabi Municipality plans Dh550m Fun City

Posted on 29/04/2009

Abu Dhabi Municipality is planning to set up the Six Continents Fun City in the capital at a total cost of more than Dh550 million, Engineer Abdul Aziz Al Jiraishi, Director of Parks Department at the municipality, told Khaleej Times that the mega project will span over an area of more than 350,000 square metres, and the municipality will select a suitable location for construction of the facility. The project will take one year to complete. "The Fun City will house a pavilion designed in the ...  >>MORE

Aldar delivers solid results in first quarter 2009

Posted on 28/04/2009

Aldar Properties PJSC, Abu Dhabi's leading property development, investment and management company, yesterday announced its financial results for the first quarter of 2009, reporting Dh888.6 million in net profits and Dh14.2 million in net operating profits. Net asset value grew to Dh6.42 per share from Dh6.22 as at 31 December 2008. Net profits for the period amounted to Dh888.6 million, from Dh1,366.5 million achieved in Q1 2008. The drop in net profit was primarily due to lower sales ...  >>MORE

Statement from Dubai Department of Finance

Posted on 28/04/2009

The Department of Finance, Government of Dubai, issued the following statement yesterday in response to an inaccurate and misleading report published in MEED magazine on April 24, 2009. "The Government of Dubai will continue to meet all its contractual obligations, including to construction contractors, as per the terms agreed with all third parties. Further, the Government of Dubai has no intention to limit at any time the number of contractors licensed to operate in the emirate. Finally, ...  >>MORE

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Quick List

Capital Gate is leaning towards a world record


Abu Dhabi residential city for workers on track


Dubai looks ahead to 2010 with new airport, host of projects


Official opening of iconic Burj Dubai announced


UAE steel prices increase again by up to 14 per cent


Abu Dhabi's iconic leaning tower reaches final height of 160 metres


UAE steel bar prices down 5.6%


Falconcity of Wonders to be ready by 2017


Burj Dubai's exterior is now complete


Work on Dh730m hospital begins


Burj Dubai will be crane-free in a 'few weeks'


First phase of new Trade Centre Plaza project on track to open this month


UAE projects lead the way in GCC


Construction sector top non-oil performer


Private sector dominates UAE projects


UAE construction sector still active by global standards, says report


Contractors entering Abu Dhabi increase 50% in H1


Final cladding slab to be put on to Burj Dubai within weeks


New DWTC extension on fast track


Aldar set to complete slew of projects


Capital Centre contract will be awarded in July


Prices of building materials retreat by 61.3% during June


Law to regulate buildings in RAK


Aldar Properties incorporates three subsidiaries on island project


Reem Island receives four 500MVA and sixteen 80 MVA transformers


Yas Marina flooding complete


Capital Gate reaches 100m height


Plan for 100% ownership of Abu Dhabi properties


Burj Dubai could still soar higher


Aldar begins to market landmark office building


Aldar headquarters open for inspection


TDIC announce new Saadiyat Construction Village


Q1 sees contracts worth US$10.6bn in UAE


ICT awards Dh1.6 billion construction contract for Nation Towers project


UAE top infrastructure builder in GCC with projects worth US$1.5trn


Dubailand fast-tracks 40 projects worth Dh235 billion


Dubai in the frame of winning design


Work on Burj Dubai interiors rapidly progresses


Abu Dhabi Municipality plans Dh550m Fun City


Aldar delivers solid results in first quarter 2009


Statement from Dubai Department of Finance