Showing posts with label dubai. Show all posts
Showing posts with label dubai. Show all posts

21 Oct 2013

Hi UAE CONSTRUCTION PROJECTS UPDATE.

MEED: Middle East news, data and analysis


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21 Feb 2013

Saudi hospitality sector unveiled.

Hi Saudi hospitality sector worth $18.1bn by 2016;

A rise in the number of pilgrims visiting the Kingdom for Hajj and Umrah, are boosting domestic tourism growth, with Saudi residents making 22.5 million overnight trips per annum. Tourism receipts for Hajj and Umrah currently account for around 3% of GDP and, according to tourism officials, the country gained a reported $16.5bn from tourism in 2012, representing a 10% increase on the previous year.


The largest hospitality market in the GCC, Saudi Arabia also accounts for the bulk of international tourist arrivals, at 46% according to an October 2012 GCC Hospitality Industry Report from Alpen Capital, representing a 50% year-on-year increase against 2011 figures.


"The Kingdom is investing heavily in it's infrastructure as expansion plans for the new $7bn Jeddah airport project move ahead, with the airport projecting annual passenger volume of up to 80 million passengers within the next two decades," said Mark Walsh, Portfolio Director, Reed Travel Exhibitions, organizer of Arabian Travel Market.

The Red Sea port of Jeddah is the gateway to Makkah and Medina, a favored destination for domestic tourism in the summer, as well as a commercial trading hub for the west coast of Saudi Arabia.

In addition, Riyadh the capital city and seat of the government, is also experiencing increased demand from business travelers. Saudi government investment into key infrastructure projects including airport expansion, railways and roads, is pegged at around $80bn between now and 2022, with investment into major tourism initiatives forecast to grow at a CAGR of 6.9%.
According to the Alpen report, tourist arrivals are expected to grow at a CAGR of 4.0% between 2012 and 2022, driven by strong growth across all sectors, with occupancies set to jump from 67.5% in 2011 to 74.2% by 2016 and a US$30 increases in ADR to US$258.4.

"In tandem demand for hotel rooms means that aggressive development and expansion plans for a number of major international hotel groups is also on the short-term agenda. InterContinental Hotels Group has said that Saudi Arabia is one of the markets representing the most opportunity for its Middle East business to grow in 2013, with two new properties set to open in Riyadh this year, and a total of eight hotels by 2018," said Walsh.

Hotel room supply in the Kingdom is expected to increase at a CAGR of 1.5% between 2011 and 2016, increasing from 243,117 rooms in 2011 to 262,049 in 2016, with 69 properties currently in the planning or construction phase.

"The tourism sector is now the country's second largest industry, with around 8% of total jobs, and industry growth presents a huge opportunity for job creation in the local market, with Takamul [an SCTA affiliate] organizing a number of job fairs around the country and working hand in hand with tourism companies to attract young Saudis looking to embark on a career in hospitality," added Walsh.

Held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai and set to celebrate its 20th anniversary, the show has grown to become the largest showcase of its kind in the region and one of the biggest in the world.

Held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai and set to celebrate its 20th anniversary, the show has grown to become the largest showcase of its kind in the region and one of the biggest in the world.

New to the 2013 event, ATM is launching the Digital and Technology Day focusing on online travel developments and showcasing headline speakers from across the industry. 

Taking place again this year is the New Frontiers Award, which was created to recognise outstanding contributions to tourism development in the face of overwhelming adversity. 
Industry Careers Day will wrap up the week providing the opportunity for visitors looking to make a career move to meet with the exhibitors' HR contacts looking for their next recruit.


15 Oct 2012

Hi 'UAE Top Ten Construction Companies in Dubai!'.

Hi 'UAE Top Ten Construction Companies in Dubai!'.

Construction companies in Dubai are the lifeblood of this state. Dubai cannot survive without construction companies. Dubai is the place, which has the largest number of construction projects in the world. Here is a review of major construction companies in Dubai.
ACTCO

ACTCO is a local company operating in the UAE, belonging to a group of multinational shareholders. Since its establishment in 1975, ACTCO has prided itself on an impressive record of successfully completed projects, and has enjoyed the reputation of meeting its schedules and doing so within budget and to the highest client satisfaction.
ACTCO currently employs over 3300 employees in various disciplines and activities over a wide spectrum of civil turn-key projects in industrial developments, infrastructure/ utilities, power plants, desalination plants, oil and gas projects, industrial buildings, airport facilities and commercial/residential buildings.

Arabian Construction Company (ACC)

ACC has been operating since 1967, through a comprehensive regional network throughout the Middle East. From power generation and desalination plants, to factories, hotels, hospitals, and intricately sophisticated smart buildings, ACC's track record is a prestigious list of efficiently delivered projects.
Established contacts in the region, a dedicated workforce and an exacting standard for completion have gained the company a competitive edge well recognized in the industry. ACC benefits from a working network in many areas in the Middle East which allows it to mobilize rapidly throughout the region.
ACC offers full contracting services and has the flexibility to assist the client by securing additional expertise for feasibility studies, preliminary designs, financing opportunities and joint venture partners for optimum project delivery.

Dutco GroupThe history and development of the Dutco Group of Companies is inextricably interwoven with that of Dubai itself. The establishment of Dutco, as the company is generally known, dates back to 1947, when a leading local businessmen Mr. Yousuf Baker established Dubai Transport Company.
From these beginnings, the company has grown steadily and today it is one of the largest construction companies in Dubai. There is virtually no aspect of Dubai's infrastructure development in which the Dutco Group does not play a part, with successes extending well beyond Dubai and the UAE.
Activities include large-scale civil engineering works, mechanical and electrical engineering, Piling & soil improvement, civil engineering, dredging, survey and reclamation, pipeline engineering, information technology and telecommunications, shipping and freight services, trading and luxury hotel operations.
Nakeel Group
Nakheel is the largest property developer in Dubai. They are responsible for mega projects such as The Palm Island project, The World island project etc.

Emaar

Emaar Properties PJSC is one of the world’s largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. A Dubai-based Public Joint Stock Company, Emaar is listed on the Dubai Financial Market and is part of the Dow Jones Arabia Titans Index.
In Dubai, Emaar is extending its expertise in creating master-planned communities to international markets. Simultaneously, Emaar is developing new competencies in hospitality & leisure, malls, education, healthcare and financial services, which have evolved from its integrated approach to customer service and property development.
With six business segments and more than 60 active companies, Emaar has a collective presence in over 36 markets spanning the Middle East, North Africa, Pan-Asia, Europe and North America. The company has established operations in the United Arab Emirates, Saudi Arabia, Syria, Jordan, Lebanon, Egypt, Morocco, Algeria, Libya, India, Pakistan, Turkey, Indonesia, USA, Canada and United Kingdom.

DAMAC

DAMAC Properties is part of DAMAC Holdings. DAMAC properties was established in 1995 and has grown into one of the most successful residential, leisure and commercial developers in Dubai and the Middle East, and is expanding rapidly into North Africa, Jordan, Lebanon, Qatar, Saudi Arabia and the Far East.
DAMAC Properties manage all their projects from start to finish, the company’s diverse range of expertise allows them to control land purchase activity, appointment of architects and designers, construction and sales and after sales service. In addition to support services provided by their Dubai headquarters, the company’s comprehensive Customer Care Program provides solutions through its vast regional network with offices in the UK (London, Manchester, Reading, Leicester, Birmingham and Glasgow), Ireland, Italy, UAE, Russia, Jordan,Lebanon, Egypt, KSA, Pakistan and Qatar.

Al Naboodah

Established in 1975, Al Naboodah Contracting Company- Civil Engineering Division has achieved a notable record in the field of civil construction.
This is one of the most respected locally owned construction companies in Dubai.
Their construction projects are part of the landmarks that symbolise the development of United Arab Emirates.

Maritime Industrial Services

Established in the Middle East since 1979, Maritime Industrial Services Co. Ltd. Inc. (MIS) enjoys continued success in the petroleum-related construction and services industry.
MIS is one of the leading contractors in the Middle East, providing a full line of engineering, procurement, fabrication, construction, safety, operating, and maintenance services to the oil, gas, petrochemical, power generation, marine, and heavy industries.

DCC

DCC is a leading international construction company in Dubai. Right from its inception in 1962, DCC has been committed to achieving the highest standards in its field.
DCC offers a wide range of services ranging from turnkey projects to construction and service contracts.
With an eye to the future, DCC established early alliances with leading architectural, design and engineering firms, and it began to build a network of companies which, though launched in the United Arab Emirates, soon rose to global prominence.
Today, after four decades of achievements that constantly raised the bar for excellence, the company's reputation is well established in the skylines of some of the world's most modern cities.

Kanoor

Kanoor contracting is leading Civil and Electro-Mechanical construction company in the G.C.C. for more than two decades. Kanoor is a leading contractor for oil and Gas, Industries, Refineries, Cement, Fertilizer, Steel and Aluminum Plant and Power Plants, Infra-structure, Villas, Warehouses etc. in the Gulf Countries - Saudi Arabia, Bahrain, Qatar, Oman and U.A.E.
Kanoor Contracting (LLC) established in U.A.E. in the year 2001 with an aim to cater booming local Industrial, Civil & Electro Mechanical Industry. The company has played a significant role in the industrialization with well-qualified and experienced Managers, Engineers and Workforce.


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