• Agrofood
  • Business & Economy
  • Construction
  • Technology
  • Energy
  • Hospitality
  • Events
    • Event News
    • Upcoming Events
IFP Info - News
  • Agrofood
    • All
    • Agriculture
    • Environment
    • Food
    Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

    Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

    Building resilience in Africa’s agrifood supply chains

    Building resilience in Africa’s agrifood supply chains

    Pesticide Detection Market to Reach $2.43 Billion by 2035, Driven by Food Safety and Technological Advances

    Pesticide Detection Market to Reach $2.43 Billion by 2035, Driven by Food Safety and Technological Advances

    Qatar Reaches Full Self-Sufficiency in Dairy and Fresh Poultry: Official

    Qatar Reaches Full Self-Sufficiency in Dairy and Fresh Poultry: Official

    Irish Food and Drink Exports to MENA Reach $624 Million in 2024

    Irish Food and Drink Exports to MENA Reach $624 Million in 2024

    Seaweed Farming Poised to Boost Oman’s Blue Economy and Climate Agenda

    Seaweed Farming Poised to Boost Oman’s Blue Economy and Climate Agenda

    Egypt: Foodico Reports 32.87% YoY Profit Growth in Q1 2025

    Egypt: Foodico Reports 32.87% YoY Profit Growth in Q1 2025

    Africa’s Agricultural Modernization Key to Shared Prosperity

    Africa’s Agricultural Modernization Key to Shared Prosperity

    Qatar’s Local Farms Meet 98% of Vegetable Demand During Peak Season

    Qatar’s Local Farms Meet 98% of Vegetable Demand During Peak Season

    Trending Tags

    • Business & Economy
      • All
      • Business
      • Economy
      • Finance
      • Industry
      • Technology
      • Trade
      • Transport & Logistics
      IMF Praises Oman’s Reform Momentum Amid Economic Growth

      IMF Praises Oman’s Reform Momentum Amid Economic Growth

      Oman’s Creative Economy: A Strategic Pillar for Diversification

      Oman’s Creative Economy: A Strategic Pillar for Diversification

      Baghdad Airport Upgrade Advances Through Public-Private Partnership

      Baghdad Airport Upgrade Advances Through Public-Private Partnership

      Oman Launches $106.6M Facility to Reclaim Copper from Mining Waste

      Oman Launches $106.6M Facility to Reclaim Copper from Mining Waste

      Iraq Targets $16 Trillion Mining Sector to Drive Economic Diversification

      Iraq Targets $16 Trillion Mining Sector to Drive Economic Diversification

      Flying Taxis Set to Launch in Oman

      Flying Taxis Set to Launch in Oman

      Oman Accelerates Sustainability, Digital Growth, and Global Competitiveness

      Oman Accelerates Sustainability, Digital Growth, and Global Competitiveness

      Iraq Eyes Financial Leadership with Bold Digital Banking Strategy

      Iraq Eyes Financial Leadership with Bold Digital Banking Strategy

      Trending Tags

      • Construction
        • All
        • Infrastructure
        • Real Estate
        Lebanon’s PM: $12 Billion Needed to Rebuild After War with Israel

        Lebanon’s PM: $12 Billion Needed to Rebuild After War with Israel

        Iraq Invested $19 Billion in Projects in 2024, Cuts Deficit Amid Strong Oil Revenues

        Iraq Invested $19 Billion in Projects in 2024, Cuts Deficit Amid Strong Oil Revenues

        Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

        Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

        World’s Largest 3D Construction Printer Deployed in Qatar

        World’s Largest 3D Construction Printer Deployed in Qatar

        Oman Real Estate Transactions Reach $2.17 Billion by April 2025, Marking 9.7% Growth

        Oman Real Estate Transactions Reach $2.17 Billion by April 2025, Marking 9.7% Growth

        Iraq’s construction boom sets the stage for Project Iraq – Baghdad 2025

        Iraq’s construction boom sets the stage for Project Iraq – Baghdad 2025

        Oman Launches $350 Million Coastal City in Salalah to Boost Tourism

        Oman Launches $350 Million Coastal City in Salalah to Boost Tourism

        Ashghal Highlighted Innovation and Technology at Project Qatar 2025

        Ashghal Highlighted Innovation and Technology at Project Qatar 2025

        Oman Secures $631M from IsDB to Build Flood Protection Dams

        Oman Secures $631M from IsDB to Build Flood Protection Dams

        Trending Tags

        • Technology
          • All
          • Business Tech
          • IT & Telecom
          Empowering Oman’s Future: Turning AI Vision into Practical Impact

          Empowering Oman’s Future: Turning AI Vision into Practical Impact

          Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

          Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

          Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

          Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

          How AI Is Shaping the Workforce of Tomorrow

          How AI Is Shaping the Workforce of Tomorrow

          How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

          How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

          Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

          Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

          Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

          Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

          Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

          Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

          How AI Drives the Success of MENA’s Mega Projects

          How AI Drives the Success of MENA’s Mega Projects

          Trending Tags

          • Energy
            • All
            • Oil & Gas
            • Power & Electricity
            • Renewable Energy
            Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

            Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

            Iraq Aims for 12 GW of Renewable Energy by 2030

            Iraq Aims for 12 GW of Renewable Energy by 2030

            Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

            Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

            Iraq and Power China International Sign Deal to Strengthen National Power Grid

            Iraq and Power China International Sign Deal to Strengthen National Power Grid

            Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

            Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

            Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

            Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

            Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

            Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

            Iraq Allocates $763.5 Million to Expand Residential Solar Energy

            Iraq Allocates $763.5 Million to Expand Residential Solar Energy

            Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

            Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

            Trending Tags

            • Hospitality
              Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

              Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

              Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

              Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

              Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

              Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

              Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

              Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

              Middle East Hotel Construction Activity Rises 8% in Q1 2025

              Middle East Hotel Construction Activity Rises 8% in Q1 2025

              Qatar Leverages Sports to Fast-Track 2030 Tourism Goals

              Qatar Leverages Sports to Fast-Track 2030 Tourism Goals

              GCC Hospitality and Food Service Market to Grow at 9.25% CAGR Through 2029

              GCC Hospitality and Food Service Market to Grow at 9.25% CAGR Through 2029

              Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

              Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

              Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

              Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

              Trending Tags

              • Events
                • Event News
                • Upcoming Events
              No Result
              View All Result
              • Agrofood
                • All
                • Agriculture
                • Environment
                • Food
                Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

                Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

                Building resilience in Africa’s agrifood supply chains

                Building resilience in Africa’s agrifood supply chains

                Pesticide Detection Market to Reach $2.43 Billion by 2035, Driven by Food Safety and Technological Advances

                Pesticide Detection Market to Reach $2.43 Billion by 2035, Driven by Food Safety and Technological Advances

                Qatar Reaches Full Self-Sufficiency in Dairy and Fresh Poultry: Official

                Qatar Reaches Full Self-Sufficiency in Dairy and Fresh Poultry: Official

                Irish Food and Drink Exports to MENA Reach $624 Million in 2024

                Irish Food and Drink Exports to MENA Reach $624 Million in 2024

                Seaweed Farming Poised to Boost Oman’s Blue Economy and Climate Agenda

                Seaweed Farming Poised to Boost Oman’s Blue Economy and Climate Agenda

                Egypt: Foodico Reports 32.87% YoY Profit Growth in Q1 2025

                Egypt: Foodico Reports 32.87% YoY Profit Growth in Q1 2025

                Africa’s Agricultural Modernization Key to Shared Prosperity

                Africa’s Agricultural Modernization Key to Shared Prosperity

                Qatar’s Local Farms Meet 98% of Vegetable Demand During Peak Season

                Qatar’s Local Farms Meet 98% of Vegetable Demand During Peak Season

                Trending Tags

                • Business & Economy
                  • All
                  • Business
                  • Economy
                  • Finance
                  • Industry
                  • Technology
                  • Trade
                  • Transport & Logistics
                  IMF Praises Oman’s Reform Momentum Amid Economic Growth

                  IMF Praises Oman’s Reform Momentum Amid Economic Growth

                  Oman’s Creative Economy: A Strategic Pillar for Diversification

                  Oman’s Creative Economy: A Strategic Pillar for Diversification

                  Baghdad Airport Upgrade Advances Through Public-Private Partnership

                  Baghdad Airport Upgrade Advances Through Public-Private Partnership

                  Oman Launches $106.6M Facility to Reclaim Copper from Mining Waste

                  Oman Launches $106.6M Facility to Reclaim Copper from Mining Waste

                  Iraq Targets $16 Trillion Mining Sector to Drive Economic Diversification

                  Iraq Targets $16 Trillion Mining Sector to Drive Economic Diversification

                  Flying Taxis Set to Launch in Oman

                  Flying Taxis Set to Launch in Oman

                  Oman Accelerates Sustainability, Digital Growth, and Global Competitiveness

                  Oman Accelerates Sustainability, Digital Growth, and Global Competitiveness

                  Iraq Eyes Financial Leadership with Bold Digital Banking Strategy

                  Iraq Eyes Financial Leadership with Bold Digital Banking Strategy

                  Trending Tags

                  • Construction
                    • All
                    • Infrastructure
                    • Real Estate
                    Lebanon’s PM: $12 Billion Needed to Rebuild After War with Israel

                    Lebanon’s PM: $12 Billion Needed to Rebuild After War with Israel

                    Iraq Invested $19 Billion in Projects in 2024, Cuts Deficit Amid Strong Oil Revenues

                    Iraq Invested $19 Billion in Projects in 2024, Cuts Deficit Amid Strong Oil Revenues

                    Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

                    Oman’s New Shipbuilding Hub in Musandam to Serve Regional Maritime Markets

                    World’s Largest 3D Construction Printer Deployed in Qatar

                    World’s Largest 3D Construction Printer Deployed in Qatar

                    Oman Real Estate Transactions Reach $2.17 Billion by April 2025, Marking 9.7% Growth

                    Oman Real Estate Transactions Reach $2.17 Billion by April 2025, Marking 9.7% Growth

                    Iraq’s construction boom sets the stage for Project Iraq – Baghdad 2025

                    Iraq’s construction boom sets the stage for Project Iraq – Baghdad 2025

                    Oman Launches $350 Million Coastal City in Salalah to Boost Tourism

                    Oman Launches $350 Million Coastal City in Salalah to Boost Tourism

                    Ashghal Highlighted Innovation and Technology at Project Qatar 2025

                    Ashghal Highlighted Innovation and Technology at Project Qatar 2025

                    Oman Secures $631M from IsDB to Build Flood Protection Dams

                    Oman Secures $631M from IsDB to Build Flood Protection Dams

                    Trending Tags

                    • Technology
                      • All
                      • Business Tech
                      • IT & Telecom
                      Empowering Oman’s Future: Turning AI Vision into Practical Impact

                      Empowering Oman’s Future: Turning AI Vision into Practical Impact

                      Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

                      Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

                      Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

                      Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

                      How AI Is Shaping the Workforce of Tomorrow

                      How AI Is Shaping the Workforce of Tomorrow

                      How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

                      How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

                      Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

                      Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

                      Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

                      Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

                      Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

                      Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

                      How AI Drives the Success of MENA’s Mega Projects

                      How AI Drives the Success of MENA’s Mega Projects

                      Trending Tags

                      • Energy
                        • All
                        • Oil & Gas
                        • Power & Electricity
                        • Renewable Energy
                        Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

                        Iraq Set to Launch First Nuclear Training Reactor in Partnership with China

                        Iraq Aims for 12 GW of Renewable Energy by 2030

                        Iraq Aims for 12 GW of Renewable Energy by 2030

                        Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

                        Iraq Launches Ambitious Plan for 1,000 Solar Projects in Three Years

                        Iraq and Power China International Sign Deal to Strengthen National Power Grid

                        Iraq and Power China International Sign Deal to Strengthen National Power Grid

                        Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

                        Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

                        Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

                        Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

                        Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

                        Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

                        Iraq Allocates $763.5 Million to Expand Residential Solar Energy

                        Iraq Allocates $763.5 Million to Expand Residential Solar Energy

                        Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

                        Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

                        Trending Tags

                        • Hospitality
                          Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

                          Middle East Tourism Spending Set to Reach $350 Billion by 2030, Driven by Luxury, Sports, and Business Travel Boom

                          Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

                          Qatar’s Evolving Culinary Landscape Gains Global Attention as a Tourism Driver

                          Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

                          Qatar’s Tourism Sector Adds $14.9 Billion to GDP in 2024, Marks 14% Growth

                          Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

                          Qatar Launches AI-Driven Health Tourism Strategy to Position Doha as a Global Medical Travel Destination

                          Middle East Hotel Construction Activity Rises 8% in Q1 2025

                          Middle East Hotel Construction Activity Rises 8% in Q1 2025

                          Qatar Leverages Sports to Fast-Track 2030 Tourism Goals

                          Qatar Leverages Sports to Fast-Track 2030 Tourism Goals

                          GCC Hospitality and Food Service Market to Grow at 9.25% CAGR Through 2029

                          GCC Hospitality and Food Service Market to Grow at 9.25% CAGR Through 2029

                          Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

                          Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

                          Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

                          Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

                          Trending Tags

                          • Events
                            • Event News
                            • Upcoming Events
                          No Result
                          View All Result
                          IFP Info - News
                          No Result
                          View All Result
                          Home Construction

                          GCC project market riding high on $3.1 trillion projects

                          February 6, 2020
                          in Construction, Infrastructure
                          0
                          GCC project market riding high on $3.1 trillion projects
                          Share on FacebookShare on TwitterShare on Linkedin

                          Its boom time for the GCC’s construction sector with several big-ticket projects and major infrastructure development plans underway such as Dubai’s Expo 2020 and Saudi Arabia’s Neom future city. Other exciting projects to look forward to include Oman’s Duqm Port, Kuwait’s Silk City, and Bahrain Bay, said a report.

                          According to the GCC Construction Outlook 2019 report by Meed, there are an estimated 6,722 active projects with a combined value of more than $3.1 trillion planned or underway in the GCC, making it one of the most dynamic project markets in the world.

                          While 2018 proved a challenging year for the construction industry in the GCC, contractors can look towards the future with optimism, as $22.4 billion of construction and transport project contracts were awarded in the first half of 2019, it stated.

                          As countries in the region host large, world-scale events, and the projects leading up to these events near completion, the GCC can expect an increase in government spending on infrastructure to meet the region’s diverse economic visions that will drive the market forward, the report added.

                          “The GCC has long been associated with the delivery of world-class, world-scale megaprojects,” remarked Meed editorial director Richard Thompson.

                          “But over the past two or three years, we have seen the emergence of not just megaprojects, but of Giga projects as governments lay down the foundations of long-term strategic visions aimed at transforming the region,” he explained.

                          From Dubai Expo 2020 to Saudi Arabia’s Neom future city project and Oman’s Duqm New Town development, the GCC’s national visions are spawning brilliance in architecture, engineering, and construction across the region, he stated.

                          “These projects are destined to build happier, healthier communities in the GCC, create new opportunities for the region’s young people, and ensure that the GCC is competing on the global stage,” he added.

                          Thompson pointed out that it was no mean task to create these modern marvels.

                          “The GCC projects sector is being challenged by cutbacks in government spending and a reduction in the number of private-sector project sponsors. The focus now is not merely about delivering these huge schemes. It is about finding innovative ways to deliver them better, more efficiently and with minimal time, cost and materials waste,” he noted.

                          “The region’s best projects today are the ones that harness the latest digital data technologies and which drive industry collaboration to ensure world-class delivery through the full life cycle of a project,” added Thompson.

                          According to the report, the UAE has been the best performing construction market as per the first half of 2019, having received about $10.9 billion of construction and transport contract awards.

                          The country also remained one of the biggest GCC markets in terms of project execution, with about $177.9 billion worth of projects having been in their execution phase in June last year, it added.

                          TradeArabia News Service
                          06/02/2020

                          Tags: constructionGCCinfrastructureOmanprojectsSaudi ArabiaUAE
                          Previous Post

                          Diab discusses gas exploration plan with Total

                          Next Post

                          Duhok to establish first Solar Energy Park

                          Next Post
                          Duhok to establish first Solar Energy Park

                          Duhok to establish first Solar Energy Park

                          Leave a Reply Cancel reply

                          Your email address will not be published. Required fields are marked *

                          News Letter

                          Subscribe to our mailing list to receive daily updates direct to your inbox!

                          *we hate spam as much as you do

                          IFP Info – News

                          The resource of credible, industry-specific updates

                          Categories

                          • Agrofood
                          • Business & Economy
                          • Conferences & Summits
                          • Construction
                          • Energy
                          • Event News
                          • Facility Management
                          • General
                          • Healthcare
                          • Hospitality
                          • Interviews
                          • Investment
                          • Koelmesse
                          • Messe Düsseldorf
                          • Packaging and Printing
                          • Paper and Packaging
                          • Paper and Printing
                          • Recycling
                          • Sustainability
                          • Tourism

                          Countries

                          • Africa
                          • Egypt
                          • Iraq
                          • Jordan
                          • Kingdom of Saudi Arabia
                          • Lebanon
                          • MENA
                          • Oman
                          • Other GCC
                          • Other Middle East
                          • Qatar
                          • United Arab Emirates
                          • Worldwide

                          Newsletter

                          Subscribe to our mailing list to receive daily updates direct to your inbox!

                          *we hate spam as much as you do

                          • About
                          • Advertise
                          • Privacy & Policy
                          • Contact

                          © 2024 IFP Group - All Rights Reserved / www.ifpexpo.com

                          No Result
                          View All Result
                          • Agrofood
                            • Agriculture
                            • Environment
                            • Food
                          • Business & Economy
                            • Business
                            • Economy
                            • Finance
                            • Industry
                            • Technology
                              • Business Tech
                              • IT & Telecom
                            • Trade
                            • Transport & Logistics
                          • Construction
                            • Infrastructure
                            • Real Estate
                          • Energy
                            • Oil & Gas
                            • Power & Electricity
                            • Renewable Energy
                          • Hospitality
                          • Events
                            • Event News
                            • Upcoming Events

                          © 2024 IFP Group - All Rights Reserved / www.ifpexpo.com