CONSTRUCTION IN ABU DHABI: HOW MANY GOOD YEARS LEFT?

From: The Middle East | Date: October 1, 1998| Author: | Copyright information

Abu Dhabi's construction industry is undergoing a slump. The fact that more than 60 small contractors have gone bankrupt has raised doubts on whether the industry will be able to survive without being sustained by the government. Amid falling oil revenues, will construction activity in Abu Dhabi pick up once again?

Civil works for major construction projects will be in demand in the GCC states as heavy investment in oil, gas and petrochemicals increases. The World Bank expects Middle Eastern countries to invest about four per cent of GDP in infrastructure over the next decade. ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Abu Dhabi Ventures Into Aero-Space Industry Services & The Challenge Of Education.
; ...could doubt the grandiose ambitions of Abu Dhabi as the once sleepy emirate seeks to reinvent...and Ferrari theme park. In July 2008 Abu Dhabi chose Farnborough airshow to announce...UAE's oil export revenues - the bulk in Abu Dhabi - are expected in 2008 to exceed $100...
Abu Dhabi has massive tourism potential, says international expert
; Abu Dhabi, the capital of the United Arab Emirates...senior executive workshop organised by the Abu Dhabi Tourism Authority (ADTA), Dr Donald Getz...three million tourist arrivals by 2015. "Abu Dhabi has massive potential to offer a completely...
Baltimore-based partner at Hogan & Hartson LLP is Abu Dhabi-bound
; ...Jay' Gede Jr. is betting that Abu Dhabi is the next Dubai. The Baltimore-bas...Wednesday to his firm's new office in Abu Dhabi, capital of the United Arab Emirates...Though the pace of development in Abu Dhabi doesn't yet compare to the speed...
Distinctive new look for Abu Dhabi and Al Ain airports
; Distinctive new look for Abu Dhabi and Al Ain airports Gateways to Abu Dhabi to promote city to millions of passengers As part of an ongoing branding initiative to promote Abu Dhabi to millions of airport users, Abu Dhabi Airports...
Oil-rich Abu Dhabi takes lead from high-flying Dubai
; ABU DHABI (AFP) - Abu Dhabi, which controls more than 90 percent of the vast oil wealth of the...drive to diversify and restructure the revenue base of its economy. "Abu Dhabi stands today at the threshold of a crucial period of economic transition...
Abu Dhabi has massive tourism potential, says international expert.
; Jun. 18--Abu Dhabi, the capital of the United Arab Emirates...executive workshop organised by the Abu Dhabi Tourism Authority (ADTA), Dr Donald...three million tourist arrivals by 2015. Abu Dhabi has massive potential to offer a completely...
ADNEC and ADTA launch "Summer in Abu Dhabi"
; The Abu Dhabi National Exhibitions Centre (ADNEC) will...summer of 2008 as it hosts "Summer in Abu Dhabi,"' the UAE capital's largest and most...August 18th 2008. Jointly organised by the Abu Dhabi Tourism Authority and ADNEC and supported...
Abu Dhabi- UAE Offset Group.
; ...UOG is controlled by the governments of Abu Dhabi and Dubai. The group is in charge of...defence companies have set up offices in Abu Dhabi to launch offset projects identified...into the federal General Headquarters of Abu Dhabi in 1997, which led to increased co-operation...
ABU DHABI - The OPEC Countries - Part 2.
; ...OPEC that can match the capabilities of Abu Dhabi, the main oil-producing emirate in the...formidable but usually discreet skills. Abu Dhabi's ruler Shaikh Zayed Bin Sultan Al Nahyan...the WTC and the Pentagon. Since then, Abu Dhabi has extended full co-operation to the...
ABU DHABI - The Economic Base
; ...the wealthiest of the seven emirates, Abu Dhabi gets more than 80% of its revenues from...According to the federal planning ministry, Abu Dhabi's GDP was about Dh80 bn ($21.7 bn) by...high oil prices. Some quarters have said Abu Dhabi's GDP by end-1996 would be about $27...