Discover the top 10 UAE construction projects that are shaping the future of the region’s skyline and economy.
Top 10 construction projects in the UAE
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Project Showcase – Oil and Gas Projects in the UAE: Borouge 4 Complex
Discover the massive oil and gas project in UAE. The Borouge 4 Petrochemical Complex is set to become one of the largest polyolefin complexes in the world.
Unveiling Africa’s Construction Powerhouses: Key Contributors and Growth Trends
The construction sector in Africa is experiencing a dynamic surge, driven by rapid urbanization, infrastructure development, and
strategic investments. As stakeholders navigate this evolving landscape, understanding the key countries contributing significantly to construction sector activity becomes paramount. Let’s explore into the numbers and unveil the construction powerhouses shaping Africa’s development trajectory.
Press release: africon and ABiQ forge strategic partnership to revolutionize data-driven consulting in Africa
africon (the top management consultancy with an exclusive focus on Africa) proudly announces a strategic partnership with ABiQ (the leading business intelligence platform that tracks projects worth over $7 Trillion in Africa & Middle East). The liaison marks a significant collaboration to enhance data-driven decision-making and consulting services for companies operating or seeking to expand their footprint in Africa.
Saudi leading energy sector with $160 billion in projects
Saudi leading energy sector in the GCC with a massive investment in sustainable energy worth more than $160 billion. The UAE is second with $50 billion.
Industrial and mining growth in the Middle East
The Middle East has $33 billion in active industrial and mining projects. Saudi Arabia leads the Middle East with 54% or $17.5 billion in active industrial and mining projects. Oman is in second place with 36%, or $11.5 billion. The UAE has 7% or $2.4 billion in industrial projects.
Growth in the Middle East Healthcare Construction Sector
The Middle East has more than $18 billion of active hospital projects. More than 70% of these new projects are in Saudi Arabia. The UAE is second with 14% of active hospital projects. Of the $18 billion, more than $12 billion is under construction, with the balance, or $6 billion, in the pre-execution phase.
Saudi Airport Projects biggest in the Middle East
Strategically located, the Middle East connects manufacturing nations with consumer nations. Billions move between these nations through transport hubs in the Middle East.
$150 billion Rail Projects in the Middle East
The Middle East has more than $150 billion of active rail projects. More than a third, or 35%, are in Saudi Arabia. Iraq is in second place with 28% or $43 billion of active rail projects. Oman is in third place with 18% or $27 billion of rail projects.
$592 billion of active transport projects in the Middle East
Saudi Arabia is leading the Middle East with 52% active transport projects. More than half of the $592 billion active transport projects are currently under construction.
UAE leading Middle East with five new Museums
With a total investment estimated at almost $2 billion, the Abu Dhabi has set its sights firmly on becoming the cultural capital in the Middle East.
Top 5 Leisure Developers in the Middle East
The Middle East have more than $41 billion in active leisure development projects. Tourism has become a significant focus for Middle East countries whose economies traditionally relied heavily on hydrocarbon exports as a means of diversification.
$41 billion of active Leisure projects in the Middle East
Saudi Arabia leads the Middle East Leisure development sector with 53% or $22 billion in active leisure developments. The UAE is in second place with $17 billion. In 2023, the leisure sector will create 185,000 jobs for labourers while constructing world-class hotels and theme parks.
Top 10 Real Estate Developments in the Middle East
Saudi Arabia leads the Middle East when it comes to real estate developments slated to break ground in 2023. Six of the top 10 real estate developments are in Saudi Arabia, and four of the top 5 developers. The Middle East has more than 100 developments with a combined value of over $100 billion that will break ground in 2023.
Real Estate construction in the Middle East exceeds $2 Trillion
Saudi Arabia can expect a third of the contract awards in the Middle East’s real estate sector. The Middle East’s real estate sector will account for 53% of all project awards during 2023.
How do global economies depend on the UAE oil fields?
ABiQ outlines how global economies depend on the United Arab Emirates (UAE) oil fields. The UAE is made up of seven emirates, including: Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al-Khaimah, Sharjah and Umm Al-Quwain.
Emirates Development Bank supports UAE’s economic recovery
Emirates Development Bank (EDB) is supporting the UAE’s post-COVID-19 economic recovery and acceleration efforts with a new AED 100 million facility for SMEs.
Business intelligence for SMEs in the UAE
ABiQ outlines the benefits of business intelligence for SMEs in the UAE. SMEs can easily obtain hard-to-find verified contact details, including phone numbers and email addresses. Businesses can identify industry trends early. This helps them stay ahead of their competitors.
The United Arab Emirates Construction Industry: 2022 Overview
The UAE construction industry accounts for 70% of all ongoing infrastructure projects listed in the ABiQ database, as of May 2022. The UAE construction industry is estimated to be worth $90 billion USD.
Top 5 Projects in the UAE
The top 5 projects in the UAE are intriguing and inspiring projects. The UAE has a number of active mega projects covering several sectors. Over the last two decades, the UAE has led the way on mega construction projects globally. While most of those megaprojects are now complete, there are still several world-class projects in development.
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