STRs September 2016 Pipeline Report has revealed that there are 159,127 rooms in 555 projects under contract in the Middle East and 56,858 rooms in 303 projects under contract in Africa. The under contract total in the Middle East represents a 14.8% increase in rooms under contract compared with September 2015. Specifically in the in construction phase, the Middle East reported 83,416 rooms in 257 hotels, an 8.5% increase in Y-o-Y comparisons. The report also indicated that the under contract total in Africa represents an 8.3% increase in rooms under contract compared with September 2015. With Africa reporting 29,006 rooms…
Author: Staff Writer
ABU DHABI, 25th October, 2016 (WAM)–Emirates Global Aluminiums (EGA) Al Taweelah smelter is starting deliveries of molten liquid metal to its customers at Khalifa Industrial Zone Abu Dhabi (Kizad) via a dedicated Hot Metal Road the first in the UAE to link separate industrial sites. The inaugural hot metal customer is Ducab Aluminium Company, which produces aluminium electrical cables. Receiving aluminium as molten metal eliminates the need for companies like Ducab Aluminium Company to use high energy to re-melt it before use. This saves both costs and environmental emissions, increasing the competitiveness of the growing UAE aluminium fabrication industry.…
The winners of the Construction Innovation Awards 2016, presented by Du, were crowned on 19 October at a glamorous ceremony at Westin Mina Seyahi, with 300 construction industry professionals in attendance. Twenty-three winners took home prestigious Construction Innovation Awards, with H.E. Hesham Abdulla Al Qassim, chief executive officer, Wasl Asset Management Group scooping the coveted Lifetime Achievement Award for his special contribution to Dubais built landscape over the past decade. Applauding the innovative sector in the region, Wissam Younane, CEO, BNC Publishing commented: “Our second annual Construction Innovation Awards is part of BNC…