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.
The Etihad Rail System
The Etihad Rail project was launched in June 2009. The Etihad Rail project is currently around 70% complete. The Etihad Rail System is set to link the principal centres of population and industry of the United Arab Emirates (UAE).
Who are the top construction companies in the UAE?
In terms of market growth, the UAE is the world’s largest construction market making it one of the fastest-growing regions in the world. The UAE construction market is expected to reach a value of USD 40 billion by 2030.
Top 5 Oil and Gas Projects in the UAE: 2022
ABiQ tracks oil and gas projects across the UAE. As per the project tracking platform ABiQ, there are over $70 billion of active Oil and Gas projects in the UAE. ABiQ estimates that the UAE will spend $8.5 billion in 2022 on various Oil and Gas projects that are currently under construction.
UAE Government launches railway program ‘Etihad Rail’
The development and construction of the phase of Etihad railways falls under the initiative of the UAE Railways Program. Get in touch to track transport projects.
Major Oil and Gas Projects in the Middle East
The Middle East oil and gas projects have seen a tremendous spike in growth due to large-scale investments. Within 2021-2025, the Middle East will witness a total of 615 oil and gas projects.
Top 5 Projects in the UAE
The UAE have more than $300 billion of active mega projects covering several sectors. The top 5 projects span transport, retail, leisure, power and petrochemical projects.
The UAE is investing more than $4 billion in Water Projects
The United Arab Emirates is investing more than $4 billion in active water projects. There are currently just over $3 billion under construction with the balance still in the ore-execution phase.
Over $24 Billion of active Water Projects in Saudi Arabia and UAE
Rapid growing populations in a desert region mean water is an extremely scarce commodity. Saudi Arabia and the United Arab Emirates are investing in water processing capacity with more than $24 billion of active water projects.
The UAE will spend $3.8 billion on power projects in 2021
The United Arab Emirates has more than $46 billion of active power Projects. ABiQ estimates the UAE will spend more than $3.8 billion during 2021, making it the largest spender on power projects in the Middle East and Africa.
KSA & UAE have more than $206 billion of active Power Projects
The Kingdom of Saudi Arabia and the United Arab Emirates have combined more than $206 billion of active power Projects. ABiQ estimates these markets will spend more than $4.8 billion during 2021 on power projects.
UAE will spend $1.6 billion on Oil and Gas projects in 2021
The United Arab Emirates have more than $50 billion of active Oil and Gas projects at the moment. Negative oil prices during the COVID-19 pandemic forced a strategic re-evaluation of national development priorities.
UAE and Saudi Arabia Added to ABiQ’s Platform
ABiQ has expanded its research scope and will be tracking business opportunities in both UAE and Saudi Arabia.
Saudi Arabia and UAE leads GCC with $400 billion active oil and gas projects
At the end of 2019, Saudi Arabia and the United Arab Emirates had close to 400 million barrels of proven oil reserves, or 23 per cent of the global total. There are more than $400 billion of active construction projects in Saudi Arabia and the United Arab Emirates.
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