Mega-events like Dubai’s World Expo 2020 are set to push construction spending in the GCC to over AED 460 billion next year. That’s an increase of 11%, and a record-breaking number. Experts from investment bank Alpen Capital say the 2022 FIFA World Cup in Qatar, along with big projects like new skyscrapers, stadia, airports and museums are pushing the need for complex construction software. Their report comes as The Big Five building trade show opens in Dubai this week.
Some UAE carriers extend flight suspensions to Kuwait, Bahrain
Some UAE carriers have extended suspension of flights to Bahrain and Kuwait amid escalating regional developments.
H.H. Sheikh Khaled witnesses launch of AED100 billion Marsa Al Saadiyat project
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has witnessed the launch of Marsa Al Saadiyat, a development project valued at AED100 billion and spanning across 6.4 million square metres.
H.H. Sheikh Mohammed promotes over 6,500 security service personnel
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, has approved the promotion of 6,526 members of the Dubai security services.
UAE strongly condemns Houthis for threatening maritime blockade on Saudi Arabia
The UAE has strongly condemned the Houthi group for threatening to carry out maritime blockades against Saudi Arabia.
